Thanks mainly to the shale revolution, oil production in the U.S. hit a 28-year high last month while imports were at their lowest levels since 1995. Consequently, prices have fallen 15% since June, and Saudi Arabia has cut production by 400,000 barrels a day — providing further evidence that OPEC no longer has the power to set prices.
Indiana Gov. Mike Pence has started to prance about the country, touting himself as the governor who ousted Common Core, a set of national curriculum and testing mandates in math and English. But it’s Oklahoma that may actually merit that distinction, if Gov. Mary Fallin signs a bill to do so by June 2.
Try to imagine a commission of the U.S. government recommending that it get rid of the Department of Education, the Department of Health and Human Services, countless agencies, and, for good measure, restructure Medicare so it doesn’t go broke. There are few Americans who will argue that our federal government isn’t big enough and many who trace our present problems to Big Government.
What a difference an election makes. Today, as expected, the House of Representatives voted to repeal Obamacare by a margin of 245-189, a bipartisan vote that kicks the matter over[...]