Inside the Beltway News: Thursday
Capitalism rocks. Exxon Mobil Corp. has been blasted by everyone from "progressives" to enviros to anyone in between for generating record-level profits as oil prices climb. The Wall Street Journal reports today that the company is now poised to invest record-levels (taking "capital spending to $25-30 billion per year") into "aggressively increasing exploration in politically stable countries not usually thought to be energy rich." That says to me it won’t be cheap, but will likely help lessen our dependence on Middle East and South American oil. Sounds like good work to me. (note, a subscription may be required for this article at wsj.com)
Rep. Darrell Issa earns props from NRCC Chairman Tom Cole for fundraising success, in today’s Hill. GOP Conference Chair lays down the law for members on the issue of earmarks, even threatening chairmanships.
And, the continuing saga of Airbus vs. The World marches on,… Read More
