The first person quoted in today's Los Angeles Times story about the weekend oil summit in Saudi Arabia is Bruce Bullock, director of the Maguire Energy Institute at SMU. Says Bullock of the slight rise in oil output and slight dip in gas prices: Enh. Or, to be more specific: "The result of the meeting was a very small increase in production, some questionable commitments for capacity increases and no reasons for the speculators to move out of the commodity." Course, one doesn't need to go elsewhere to read Bullock, as the Maguire Energy Institute earlier this month launched a blog in which the bossman will explain everything you ever wanted to know about the rising price of gas. If you dare. --Robert Wilonsky
Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.