by Jane Richey | May 14, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
It has been over three years (1,111 days to be precise) since the U.S. Senate last passed a budget. The last time Senate Majority Leader Harry Reid (D-NV) fulfilled his legal responsibility, Conan was still on NBC, Tea Parties hadn’t come together and the iPad hadn’t...
by Jane Richey | May 14, 2012 | Fiscal Responsibility, Free Markets
Oil helped build Pennsylvania. It helped feed the industry’s workers by giving them jobs, such as those at the old ConocoPhillips refinery in Trainer, Delaware County. But these days, the oil industry is unpredictable. Crude oil is costing more, shrinking an...
by Jane Richey | May 14, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The Green River Formation, a largely vacant area of mostly federal land that covers the territory where Colorado, Utah and Wyoming come together, contains about as much recoverable oil as all the rest the world’s proven reserves combined, an auditor from the...
by Jane Richey | May 14, 2012 | Free Markets
A political stalemate in Greece rattled financial markets worldwide on Monday, sending U.S. stocks lower. The price of oil and Treasury yields hit their lowest levels of the year. The euro sank to a three-month low against the dollar. The Dow Jones industrial average...
by Jane Richey | May 14, 2012 | Free Markets
Drake Gold Resources (OTC Markets: DKGR) is pleased to announce a production and development update for its Pennsylvania oil & gas project in Venango County. Drake’s six leases are producing an average of 17.2 barrels of oil per day (BOPD). The Glover lease...