about this blog
Alexis Glick is an anchor for FOX Business Network. Prior to joining FOX, Glick served as a correspondent for the Today Show and co-anchored the third hour of that program. Before her stint at NBC News, she was the senior trading correspondent for CNBC and reported from the floor of the New York Stock Exchange.
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stephenlee
Eric makes sense! We need more supply. We are held hostage by the environmentalists who are against everything and offer no solutions of their own. Government seems unable to act and neither party can agree on any solutions. How about a compromise, lets conserve, drill, and look for alternatives? I can dream cant I?
chuck
Now this one just broke over the Ed Schultz Talk show. According to the Pressident of the Petroluem Marketers Asscociation,local gas stations aren't going to accept credit cards. For one thing the fees have climbed to high. Now this one story Alexis u should look into. Even get GoGo Gomez and Cody on this one. It just broke over the talk show and the Petroluem Marketers Association is trying to get the public involved on the controling speculation end. The anger is shifting all over the place but do a story on this. See which gas retailers are affected becouse the word shutdown was used.
chuck
Here's a follow up story that broke on the Associated Press Wire. Buried in the back of today's Vicksburg Post. Gov. Haley Barbour of Missisissippi has agreed with the proposal to drill of the Gulf coast--that does include the Ms Gulf Coast. He's joined up with the other state govenors who are in favor drilling. California Govenor Schwarnager has endorsed John McCain but the aeticle didn't the California govenor was in favor in drilling off the California coast. It the chorus of govenors continues to grow on the drilling issue this could shape up into a state rights vs Congress rights case. Where the govenors could easily win over the anti-drilling libs who make public exscuses. It appearsa that govenors are smarter than thier Washington Counterparts.
chuck
More the barrel price of oil climbs, the more the tide is going to turn in favor. High gas prices are shocking the ecoonomy everywhere. From food and others. Now what could happen to businesses in a non-competive market like Vicksburg Ms? Real simple. With a monopoly and lack of competition,but that's changing with Kroger putting thier own gas pumps. But on drilling and local high retail gas prices,the Warings have been real quiet on this issue. Now why aren't they helping thier own community in dire times like this? It's an old money rule of Vicksburg just being greedy,selfish and narrow minded. Now with high prices all around like a Twilight Zone episode this non-competive market is getting rocked in one form of an another. Already one longtime small business has closed. Rasies the question who is going to be the next victim. Over a year ago a small business in Pemberton Mall closed due to high rent and yes,it couldn't pay the high gas bill. Despite a new gambling boat coming in the fall,gamblers have scaled back to going to the boats. This market has now sent some mix signals in which two are in federal bankrupt ruptcy court. Coould several more gaming boats in this market be trouble too? In retail shopping has moved onto the Jacksno metro area and rumors are flying if Pemberton Mall is going closed. So far CBL Associates hasn't said a word. But those in the local chamber of commerce should take a real hard look and see how the high gaa prices is rocking thier marketplace. Could large number of small business close here before the year is out? But non-competive marketplaces like Vicksburg Ms should open thier doors for more competion and strengthen thier foundations. Local leaders should see a larger economic picture which is now at play.