Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Reaganite Republican

One of the best kept secrets with the crisis in Iraq/Syria/? and other oil producing countries, is how the price of gasoline and oil in America keeps coming down.

Increased U.S. production is helping to create an oil surplus on world markets, driving down prices despite a myriad of threats to oil supplies, and doing more to crush Russia’s economy than the sanctions imposed by the U.S. and European Union, said Chris Faulkner, chief executive of Breitling Energy.

http://www.washingtontimes.com/news/2014/sep/8/us-oil-surplus-eases-prices-in-global-crises/?page=all

This is also preventing the Opecker Princes from doubling their price on oil to again cause another major economic recession around the world as well delivering severe kicks to Putin below his economic belt.


13 posted on 10/15/2014 7:43:49 AM PDT by Grampa Dave (I, Barrack E Obolabama support the left wing's war on Ebola. Fox News & Republicans will fight me.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Grampa Dave

...and that this is happening DESPITE Obozo’s best efforts to prevent oil production in the U.S.

Libtard media leaves that point out for some reason.


17 posted on 10/15/2014 8:35:08 AM PDT by Lee'sGhost ("Just look at the flowers, Lizzie. Just look at the flowers.")
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson