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2012-03-24 Home Front: Politix

Obama Says Tension with Iran Adding $20-30 to Oil Prices

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Posted by Fred 2012-03-24 00:00|| || Front Page|| [11131 views ] Top
File under: Govt of Iran

#1 Iran, China, India, Guam, Hawaii, Wales, Atlantis, Rhodesia.... all to blame. I'ze tell'n ya, nuttin I can DO!

Posted by Besoeker 2012-03-24 01:00|| 2012-03-24 01:00|| Front Page Top

#2 Buying oil from the middle east causes problems with our security but drilling here won't help? The man is really dense....or ??

Posted by tipover 2012-03-24 01:03|| 2012-03-24 01:03|| Front Page Top

#3 I can see using up THEIR oil, then selling OUR oil at a HIGH price to them.

Posted by Redneck Jim 2012-03-24 01:08|| 2012-03-24 01:08|| Front Page Top

#4 Wife saw $4.54 driving home in DuPage last night so Chicago should be higher.

Posted by Water Modem 2012-03-24 03:02|| 2012-03-24 03:02|| Front Page Top

#5 Imagine the prices if somebody nukes all the oil transportation hubs in Persian Gulf.

Posted by g(r)omgoru 2012-03-24 12:02|| 2012-03-24 12:02|| Front Page Top

#6 And speculators. And the Koch Brothers.

Absolutely nothing to do with an incoherant and scattered energy policy led by an administration bragging about the country being better off with $5+ per se gallon.

Gota problem wit that? Fill your tires and go buy a voltswagon.

Posted by swksvolFF 2012-03-24 12:12|| 2012-03-24 12:12|| Front Page Top

#7 Also ignore printing 1.6 trillion to 'pump' the economy followed by QE1, QE2, and on going stealth QE3. Inflation, what inflation?

Posted by Procopius2k 2012-03-24 12:33|| 2012-03-24 12:33|| Front Page Top

#8 Correct - Oil prices are not going up, the "value" of the Dollar is going down.

Posted by newc 2012-03-24 12:55|| 2012-03-24 12:55|| Front Page Top

#9 Imagine the prices if somebody nukes all the oil transportation hubs in Persian Gulf. A single missile fired at, and missing, a tanker in the Strait of Hormuz would be enough to hike prices by 50%. Closing the strait for a month would likely cause shortages worldwide.

Posted by Anguper Hupomosing9418 2012-03-24 13:53|| 2012-03-24 13:53|| Front Page Top

#10 World markets, supply and demand, limited sources, eh? So if there were more oil available from more places it would be cheaper, right?

Or is B-HO suggesting we should kick their asses and steal their oil?

Posted by SteveS 2012-03-24 15:21|| 2012-03-24 15:21|| Front Page Top

#11 Telecommute.

Posted by Abu Uluque 2012-03-24 19:25|| 2012-03-24 19:25|| Front Page Top

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