No Surprise: All Political Theater --- Senate Kills Keystone XL 2.1

Let them eat cake -- Michelle
Oil is the fuel of the past -- The President

Link here.

The majority of US senators want it, but couldn't muster the 60 votes. It was a foregone conclusion before the vote that "they" didn't have the votes. Two Republicans did not even bother to show up. Their votes would have brought the total to 58, still two short. Everyone knew going in what the vote count would be.

Meanwhile, $6 gasoline in California; $4.00 gasoline for the average American, and $3.79 gasoline is the national average. And oil futures tonight are up another 13 cents, to $106.71.

[$6 gasoline link can be found at Drudge report, 17:17:17, March 7, 2012; the other data can be found at this posting.]

For investors, ChevronTexaco (CVX) is less than a buck from an all-time high. Not a 52-week high, but an all-time high and pays a 3 percent dividend. This is not an investment site, so I have no idea what US savings bonds are yielding. See disclaimer.

And just to add a bit of excitement to another day marked by 6 hours of talk about the Greek bailout, Israel has asked for "bunker busters" and refueling planes from the US. Here we go. My hunch: Israeli pilots have six months to get up to speed on a) how to target sites deep under the desert; and, b) mid-air refueling over a foreign country.