Retail gasoline prices are likely to creep higher as anti-government protests continue in Egypt and concerns remain about the stability of the Middle East...
Without the uncertainty about the Middle East pushing up oil prices, retail gas prices probably would have fallen between five and 10 cents recently, PFGBest analyst Phil Flynn said... Egypt controls the Suez Canal and a nearby pipeline that together carry about 2 million barrels of day from the Middle East to customers in Europe and America. That's a relatively small amount, compared with the 87 million barrels consumed worldwide every day. Petroleum continues to move through the canal and the pipeline, but traders fear protests could spread to nearby OPEC countries and disrupt supplies.
Could some Democrat explain to me why we are the only country on Earth that intentionally restricts our own access to energy?
That's a rhetorical question, of course, because there is no rational explanation. There's only a cure: vote out every Democrat and 'moderate' Republican you can -- in every possible election and at every level of government. It's the only way to be sure.
Update: Contempt of Court: the Obama Interior Department is Blocking 103 Gulf Drilling Permits
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