The rising oil production from North Dakota’s Bakken Formation now equals that of Alaska’s Prudhoe Bay for the first time, according to the Wall Street Journal, due to technological breakthroughs such as fracking.

Norwegian terrorist Anders Breivik, currently on trial for a bomb attack in Oslo and a shooting spree nearby that left more than 75 people dead, has openly admitted to the mass murder. However, in court, the 33-year-old man denied criminal responsibility partly by invoking U.S. foreign policy, claiming the deadly rampage was a “preventative strike” taken in self-defense to prevent the “Islamization" of Norway.

 An atheist group has targeted a memorial erected by U.S. Marines in honor of comrades killed in action in Iraq and Afghanistan. The memorial, consisting of two 13-foot crosses, was placed by seven Marines in a remote part of California’s Camp Pendleton in 2003 to honor their fallen comrades. Three of those seven soldiers were later also killed in action, and after a wildfire destroyed their original memorial, other Marines, along with widows of some of the late soldiers, erected new crosses to replace those that were destroyed.

The Environmental Protection Agency (EPA) on Wednesday unveiled its first-ever regulations to curb air pollution from hydraulic fracturing, the drilling process commonly known as "fracking" — or in the industry's parlance, "fracing." By 2015, natural-gas and oil drillers will be forced to invest in new equipment that curtails smog-forming emissions from fracing wells.

Tax Armageddon, or "Taxmageddon," looms on the horizon, as $500 billion in tax cuts will all be expiring at the end of the year. While Americans were hustling on April 17 to complete their taxes, experts were warning about a much larger tax day — January 1, 2013. And if Congress doesn’t take action, American households will be hit with an average tax hike of $3,800, according to the Heritage Foundation.

Last November, President Obama stood before an audience and said government needs to be “responsive to the needs of people, not the needs of special interests.” He added, “That is probably the biggest piece of business that remains unfinished.”

 As the Summit of the Americas this week in Colombia was drawing to a close, President Obama touted more regional integration even as increasingly hostile Latin American leaders openly called for change in U.S. and regional policies. Analysts and officials throughout the hemisphere and across the political spectrum said the whole gathering reflected the U.S. government’s growing isolation and waning influence in the region.

Passing ObamaCare was a “mistake,” retiring Rep. Barney Frank (D-Mass.) told New York magazine in the course of a wide-ranging interview. President Barack Obama, apparently believing his own campaign hype — an easy thing to do given the adulation heaped upon him by the mainstream media — thought he had a public mandate to enact an overhaul of the healthcare system.

 On Tuesday the President targeted speculators for driving up the price of oil and recommended additional oversight on the oil markets manned by an increased number of regulators to be paid for with additional government funding of $52 million. His new strategy, outlined in the Rose Garden, is “to stop spikes in gas prices that we’ve put up with every single year — the same kind of increase that we’ve seen over the past couple of months.” He explained:

 Across the political spectrum, amid growing violence and destruction, Latin American leaders assembled in Colombia for the "Summit of the Americas" urged President Obama to reconsider the U.S. government’s decades-old “war on drugs.” And domestically, pressure is growing as well.

JBS Facebook JBS Twitter JBS YouTube JBS RSS Feed