Post Tagged with: "Iranian oil"

August 27, 2012 05:06

High Gas Prices to Continue Despite Low Demand

Gasoline futures have soared 19% over the past two months as traders seem to be betting that prices of gasoline and diesel will continue to rise. Pump prices typically lag behind the futures market by several weeks.

August 24, 2012 06:27

Romney Plan Would Make America An Energy Superpower

Astonishingly, these opportunities for energy independence have been ignored for windmills and solar energy, even as a new energy revolution unfolds. – IBD

April 18, 2012 07:54

Are Oil Embargoes Hurting Iran or the US? Obama Blames Oil Manipulators; Who are the Real Manipulators?

Iran is on a course for its third largest oil-related earnings ever. Thus, the primary beneficiary of high oil prices is Iran. Rather than blame himself for the absurdity of the situation, president Obama blames oil speculators.

February 22, 2012 09:06

Crude Oil vs. Iran: Who Blinks First?

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.

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