Archive for November 29th, 2008

Only the Rich Can Afford It. Should Taxpayers Back It?

Saturday, November 29th, 2008

Tesla Motors is requesting $400 million in low-interest federal loans for an electric car that remains woefully immature and don?t-even-ask expensive.

Source: www.nytimes.com

Sayyari: Iran powerful enough to close Hormuz Strait

Saturday, November 29th, 2008

Iran - Defense - Sayyari Commander of the Islamic Republic Army’s Navy Force Rear Admiral Habibollah Sayyari said here that the Iranian Navy is capable of blocking the Hormuz Strait.

Source: www2.irna.ir

OPEC ministers on the fence about oil production cut

Saturday, November 29th, 2008

CAIRO, Egypt – OPEC oil ministers yesterday downplayed expectations of, but didn’t dismiss outright, an immediate output cut as they faced a third test in as many months of their ability to engineer a rebound in oil prices.

Source: www.signonsandiego.com

The future car company lawmakers envision could be a money-losing operation

Saturday, November 29th, 2008

Many members of Congress believe they know what the car company of the future should look like.

Source: www.detnews.com

Eyes turn to OPEC meeting, production cut

Saturday, November 29th, 2008

Oil prices ended flat Friday with OPEC officials sending mixed messages about a production cut before a regularly scheduled meeting in December.

Source: commercialappeal.com