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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (210608)6/7/2011 6:28:53 PM
From: Wharf Rat  Read Replies (1) | Respond to of 362725
 
Ben Bernanke just spoke about peak oil...

"Indeed, OPEC's production of oil today remains about 3 million barrels per day below the PEAK level of mid-2008.

With the demand for oil rising rapidly and the supply of crude stagnant, increases in oil prices are hardly a puzzle. "

Live on bloomberg TV now.

Full speech:
federalreserve.gov



To: Wharf Rat who wrote (210608)6/8/2011 1:03:16 PM
From: Wharf Rat  Read Replies (4) | Respond to of 362725
 
CNN Poll: Obama approval rating drops as fears of depression rise

President Barack Obama's overall approval rating has dropped below 50 percent as a growing number of Americans worry that the U.S. is likely to slip into another Great Depression within the next 12 months, according to a new national poll.

...

Forty-eight percent say that another Great Depression is likely to occur in the next year - the highest that figure has ever reached.

politicalticker.blogs.cnn.com