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  • Iranian crude oil exports have fallen by 300,000 barrels/day in March, Reuters reports, a drop of 14% in Iran’s exports attributed to growing compliance to U.S.-led sanctions. Nymex crude spiked to $108.25, pulled back, and have steadily climbed back to $107, up 1.6%. Pres. Obama weighs in on the issue, saying Middle East tensions could add $20-$30 to oil prices.  [View news story]
    Every penny that we can keep at home is a very good thing for our country. Just look at south Texas and all these roughnecks making 100K a year. These are guys who'd be making $15 an hour (maybe) in San Antonio or Houston if not for the oil drilling. And that doesn't even speak to all the ancillary businesses that it takes to support the drilling. One half our our trade deficit is money we spend on buying oil. This is an absolute no brainer. Drill, baby, drill!!
    Mar 25, 2012. 02:45 AM | Likes Like |Link to Comment
  • Michele Bachmann Promises $2 Gas: Whether Her Plan Would Create Another Great Recession [View article]
    Aug 19, 2011. 03:52 PM | 1 Like Like |Link to Comment
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