Russ McBee

Following a speech in Missouri yesterday, President Bush engaged in an exceedingly rare question-and-answer session with employees of the company where he was speaking. Among other topics, he repeated his threadbare spin of ethanol as a viable fuel source: ''As you know, I'm a ethanol person,'' he said, explaining his belief that it can help ...

Well, this certainly isn't a good sign: Venezuela and Iran are forging closer oil ties in hopes of reducing their dependence on the United States, inking a $4 billion deal to develop a block of the lucrative Orinoco Reserve in Venezuela. According to Venezuelan Oil and Energy Minister Rafael Ramirez, production at the Ayacucho 7 block should ...