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Latest | Highest ratedPay Attention to Oil Decline Rates [View article]
On another note, on the ANWR and offshore drilling, your stance? I heard that Obama said it would not reduce the cost of oil. He may or may not be right (I personally think it has to help a little), but, I thought I remember learining in 7th grade that the allies cut off the Germans supply to fuel to ultimately beat them (trucks/artillery were idled). Can not Obamoa at least support the drilling for our national defense? It this supply things really gets ugly, it will not be about price, it will be about survival/getting it at all. As a very worst case scenario, our enemies in the future could either refuse to export to us or block exports into the country like we did to Germany.
Obama et al, will you rethink this thing? I agree we need to develop other fuel alternatives, but in the meantime, we do need to secure our oil supply.