But with Iran still a volatile unknown, analysts say oil could continue to rise and expect to see gasoline at $4 a gallon, and some even see $5, heading into the summer driving season. If the analysts were right, $4 or $5 gasoline by summer time would certainly be detrimental to the nascent U.S. recovery, and debt-troubled Europe, which could bring demand destruction pushing oil prices back down.
Post Tagged with: "Iran sanctions"
February 20, 2012 05:13
Israeli strike on Iran imminent says former Netanyahu chief of staff
Naftali Bennett former chief of staff to Benjamin Netanyahu spoke on Huckabee about Israel’s potential military strike at Iran. Israeli’s are not confident that the Obama administration will support them in a conflict with Iran. They have good reason with Obama’s support for the Muslim Brotherhood uprisings and his seeming disdain for Israel.
January 27, 2012 05:06
Iranian MP “Persian Gulf Will Be Turned into a Graveyard”
Iranian MP Hossein Ebrahimi says not only will Iran close the strait of Hormuz to stop the flow of the world’s oil but that the entire Persian Gulf would become a graveyard if the West tries to stop Iran’s oil exports with its sanctions. The European Union recently agreed to ban oil imports from Iran to try to ge them to halt their nuclear weapon program.
January 23, 2012 08:27
EU joins Iranian oil ban
The EU currently buys about 20% of Iran’s oil exports.- BBC News
January 9, 2012 07:35
Iran Woos Anti-American Allies in Latin America
Iran has expanded its economic, political and military influence in Latin America, taking advantage of an upswell of anti-American sentiment in the region led by Chavez and his eight-nation Bolivarian Alliance for the Americas. – Bloomberg.com
December 16, 2011 07:16
Obama trying to weaken Iran sanctions
In another watch what he does not what he says moment, the administration said they were going to impose “crippling sanctions” on Iran but are attempting to thwart the most significant sanction that congress is considering.
December 16, 2011 07:16
Obama trying to weaken Iran sanctions
In another watch what he does not what he says moment, the administration said they were going to impose “crippling sanctions” on Iran but are attempting to thwart the most significant sanction that congress is considering.
December 12, 2011 06:26
Santorum Schools CNN’s Crowley on Obama’s Appeasement
The CNN host vehemently tried to defend Obama’s record when Santorum ripped his foreign policy failures. Crowley acts like an Obama campaign supporter which of course is what CNN and the other mainstream networks are.
December 2, 2011 10:41
Krauthammer – Obama an “arrogant amateur” on Israeli policies
The audacity of arrogance. “Obama knows it. If he doesn’t he’s delusional. And this is really chutzpa. This president has done more to de-ligitimize and undermine Israel’s position in the world than any other president.”
December 2, 2010 06:35
Obama attempts to con Israel supporters to pass START
Threatening that the US will lose Russian help in pressuring Iran, Obama and future defense secretary Colin Powell lay it on thick for U.S. Jewish organizations.
