Daily Archives: Oct. 28, 2006

Open thread

Brownback on Iraq

Stumping for an Indiana congressman at an event that was supposed to be about social issues, Sen. Sam Brownback, R-Kan., said: “I’m not happy with how this is going in Iraq.”
But he said Democrats’ cut-and-run strategy would embolden “Islamic fascists.” He also repeated the GOP line that the homeland has gone five years without another terrorist attack because “we took the fight to them.”
Posted by Rhonda Holman

High times at Exxon Mobil

Hard to say which is more annoying: that Exxon Mobil made $10.5 billion last quarter, or that the profit is only the second highest in history for a U.S. company.
The first highest, of course, was the $10.7 billion Exxon Mobil made in the fourth quarter of 2005.
Most of the company’s profits come from overseas production of oil and natural gas, but analysts also credited high U.S. demand for gasoline, which barely budged even when prices topped $3 a gallon during the summer.
“At what price do people really start cutting back? We’re not sure,” said energy analyst Jacques Rousseau.
Good question. And the petroleum industry knows a good way to find out.
Posted by Dave Knadler

Lose weight; save oil

We have another reason to lose weight: According to research conducted by the University of Illinois-Urbana, losing weight can save gasoline consumption. The study revealed that Americans on an average weigh about 25 pounds more today than in 1960. Adding the extra baggage to cars results in an extra 1 billion gallons more of gasoline used per year. Losing the extra weight could provide enough fuel for 1.7 million cars, light trucks and SUVs for a year — as it helped the environment and resulted in better health.

Posted by Angie Holladay