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Egypt turmoil pushes crude oil price over $100 a barrel
The Guardian ^ | 1/31/2011 | Tim Webb and Graeme Wearden

Posted on 01/31/2011 1:34:43 PM PST by FromLori

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1 posted on 01/31/2011 1:34:47 PM PST by FromLori
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To: FromLori

That should help make Zero’s day. He can shut down more US drilling by this evening in hopes of destroying even more of our economy.


2 posted on 01/31/2011 1:36:20 PM PST by ExTexasRedhead
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To: ExTexasRedhead

“The price of fuel is a concern for the government as it was one of the reasons for the rise in inflation, measured by the consumer price index, in December. In turn, higher inflation could put pressure on policy makers to hike interest rates.”


3 posted on 01/31/2011 1:37:29 PM PST by FromLori (FromLori">)
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To: ExTexasRedhead

$4-$5 gasoline certainly doesn’t work well for the re-election campaign. Even Axlegrease will have a hard time making that turd palatable.


4 posted on 01/31/2011 1:40:37 PM PST by nascarnation
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To: FromLori

Term oil is in turmoil?.................


5 posted on 01/31/2011 1:40:44 PM PST by Red Badger (Whenever these vermin call you an 'idiot', you can be sure that you are doing something right.)
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To: FromLori
Well, that should help with consumer confidence, and unemployment. More green shoots.

Nothing says "economic recovery" like $4/gallon gasoline.

6 posted on 01/31/2011 1:41:04 PM PST by OldDeckHand
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To: FromLori

Hey, Obama! Turn up our spigots, you bigot! The US needs to drill and drill now!


7 posted on 01/31/2011 1:41:44 PM PST by OrangeHoof (Washington, we Texans want a divorce!)
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To: OldDeckHand
Nothing says "one-termer" like $4/gallon gasoline.

Edited for clarification.

8 posted on 01/31/2011 1:43:26 PM PST by Wizdum (Wisdom is what you gain when things go wrong.)
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To: OldDeckHand

What happened to DRILL BABY DRILL !


9 posted on 01/31/2011 1:44:08 PM PST by woodbutcher1963
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To: Red Badger

Rice is going up you know what that means?


10 posted on 01/31/2011 1:44:13 PM PST by FromLori (FromLori">)
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To: FromLori

More freshmen students at Texas A&M?...........


11 posted on 01/31/2011 1:49:28 PM PST by Red Badger (Whenever these vermin call you an 'idiot', you can be sure that you are doing something right.)
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To: FromLori

Condi’s running for president?


12 posted on 01/31/2011 1:49:40 PM PST by null and void (We are now in day 741 of our national holiday from reality. - 0bama really isn't one of US.)
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To: FromLori

HEY OBANGO!!!!!! START DRILLING A-HOLE!


13 posted on 01/31/2011 1:50:16 PM PST by AngelesCrestHighway
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To: FromLori

*****The price of fuel is a concern for the government as it was one of the reasons for the rise in inflation, measured by the consumer price index, in December. In turn, higher inflation could put pressure on policy makers to hike interest rates.*****

And the claim of “recovery?” Rise in oil b.s. excuse as covers for govt. spending and fraud MBS so called “securities”.


14 posted on 01/31/2011 1:55:08 PM PST by Varsity Flight
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To: Red Badger

Riots in Asian countries...


15 posted on 01/31/2011 2:01:24 PM PST by FromLori (FromLori">)
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To: FromLori
President Palin will open ALL of the spigots. Under her leadership, America will be 100% energy independent.
16 posted on 01/31/2011 2:02:39 PM PST by JPG (Work for conservative change like your country depended on it.)
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To: FromLori

Now you know why Obama had oil shut off in the Gulf....he absolutely intends to ‘bend’ us into Muslim will...


17 posted on 01/31/2011 2:04:13 PM PST by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
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To: FromLori

Not current info:

Prices within the past hour:

Crude Oil 91.91 - 0.30%
Natural Gas 4.43 + 0.14%
Gasoline 2.47 - 0.90%
Heating Oil 2.74 - 0.40%
Gold 1332.53 - 0.23%


18 posted on 01/31/2011 2:05:13 PM PST by CedarDave (What is DADT? Obama's response when inquiries are made about his birth certificate.)
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To: woodbutcher1963

“What happened to DRILL BABY DRILL !”

We are doing exactly that.

There are 400 more rigs in operation in the US today than there were a year ago and there are almost as many rigs in operation in the United States as there are in all the rest of the world combined.


19 posted on 01/31/2011 2:07:36 PM PST by trumandogz
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To: FromLori
There goes our strategic oil reserve again.
20 posted on 01/31/2011 2:09:12 PM PST by Happy Rain ("NO! NOT NOW!!!...Oh,okay okay." - Sam Kenison's last words.)
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