American Interests

Friday, June 13, 2008

Tornadoes, Floods and Heat Waves oh my.

As most of you are aware this has been a particularly devastating season for severe weather. The USA is on track for the deadliest Tornado season ever (according to the National Weather Service), and is already the deadliest since 1998. The year isn't even over yet. At least a hundred people have... Sign in to see full entry.

Tuesday, June 10, 2008

Tax Oils Windfall Profits?

If elected, Barrack Obama intends to tax big oils record profits. However is that really such a good idea? It will of course bring the government much needed funds (especially for his costly economic budget), but what will it do for the average American consumer? The big oil companies might use... Sign in to see full entry.

Monday, June 9, 2008

China buying and selling America.

Many of you may have heard that China has been buying America, and it has been helping fund our government from 2004 to 2006. In 2004 China purchased 20% of the Treasury securities issued. In 2005 that number rose to 30%, and finally reached 36% in 2006. Unfortunately China's generosity couldn't... Sign in to see full entry.

Sunday, June 8, 2008

Toyota's New Hydrogen Car

Friday Toyota announced that it has created an advanced Hydrogen Fuel Cell car capable of travel about 500 miles on a single tank of Hydrogen. In addition in theory it can operate at -22 F, a huge leap for the technology. Hydrogen fuel cell cars produce water as a waste product instead of the green... Sign in to see full entry.

Friday, June 6, 2008

DOW falls as Oil rises.

In what has probably been the news story of the day the DOW fell 394 points today, as oil rose a record $10.75 and hit a new all time record of $139.15 today. It closed at about 138 dollars a barrel today. Currently it is being blamed on 4 different factors, the staggering rise in unemployment to... Sign in to see full entry.

Thursday, June 5, 2008

Peak Oil a threat?

Peak Oil is the theory created by M. King Hubert in the 1950's based on the fact that oil wells generally follow a bell curve. Using this theory he accurately predicted when the United States peak would hit. He also predicted that global production would peak by 2000, obviously this was not the... Sign in to see full entry.

Wednesday, June 4, 2008

A Look Into Coal

It’s no secret that Gas prices are a major issue with most American citizens, and rising energy concerns have politicians frantic for solutions. Recently they have begun pushing legislation that aims to encourage companies to convert Coal into Gasoline. A process created by Nazi Germany during World... Sign in to see full entry.

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