Today Apple Computer has announced the iPhone rumors are true, and the new mobile phone will cost around $499. Some of the capabilities is that the iPhone is controlled by touch, much like the Apple iPod in which it is based off of.
The iPhone also has the capability to browse the internet, play music and will be run by the Macintosh operating system, which comes as no surprise. This new phone will definitely surpass current cellular phones in looks, ease-of-use and functionality.
Most people new that Apple was going to announce the unveiling of the iPhone, but they were just unaware of when it would happen. However, Apple did not stop at just announcing the new iPhone. Apple CEO Steve Jobs also announced a TV set-up box that will allow users to send videos from a computer to a television. With these new technologies Apple Computer has changed its name to Apple Inc.
Oil companies are expected to be hit hard by Congress, which is now under Democratic majority. According to Congress they have a plan to reduce the amount of royalties and taxes that Oil companies are saving money on and use that money as a fund for renewable energy and conservation.
The reason oil companies are protected from paying royalties is because of a government error during the writing of the 1998 to 1999 leases. So Congress is trying to rework the lease and if that fails they could ban oil companies from bidding on leases in the future.
Another hit oil companies are going to take will happen when Congress reduces the amount of tax breaks they receive. Tax breaks (gives breaks to companies with products produced in the United States) were put in place to help out the manufacturing companies, but the oil companies found a way to also be eligible for them and is saving millions every year.
I am glad that Congress is stepping up to do something about these greedy oil companies and trying to find alternative means for power. The best part, in my opinion, is that Congress is working on passing a law to keep the oil companies from price gouging again! I will be glad when that law is passed! more info >>
Today Apple Computer has announced the iPhone rumors are true, and the new mobile phone will cost around $499. Some of the capabilities is that the iPhone is controlled by touch, much like the Apple iPod in which it is based off of. 
Oil companies are expected to be hit hard by Congress, which is now under Democratic majority. According to Congress they have a plan to reduce the amount of royalties and taxes that Oil companies are saving money on and use that money as a fund for renewable energy and conservation.