From today's business headlines:
Mindful of a warning from the Federal Reserve Wednesday about inflation, the market nervously watched the price of oil, which passed $96 a barrel overnight for the first time before dipping on profit-taking. The Fed, which cut interest rates a quarter point, said in a statement that inflation remained a concern, and oil’s ascent to another record raised the possibility not only that the Fed might stop cutting rates, but that it might even consider raising them if inflation accelerates.
From The-Man-Who-Would-Be-Senator's website:
Udall worked with Rep. John Salazar (D-Manassa) on a provision requiring all leases for the federal lands on top of the Roan Plateau to include a "no surface occupancy" stipulation. Lands could still be leased, but the minerals could be accessed only from other locations.
So, Mr. Udall, at what price-per-barrel would you think it might be justified for Americans to search for their own energy resources, rather than rely on the rest of the world? $100? $120? $150?
And tell me, Mr. Udall, in a state so heavily dependent on the agricultural economy, a sector heavily dependent on energy supplies, how do you justify continuing to prevent your own state from tapping some of its own natural resources?
Yeah, yeah . . . Roan is about natural gas, and I'm talking about crude oil--energy is energy. Crude oil not used to fuel homes and electricity (because its been replaced by natural gas) is crude oil available for transportation.
But, more importantly, is Mark Udall going to continue to represent out-of-state environmental interests, or at what point is he going to try to represent Colorado's interests?