Chief oil analyst for Oil Price Information Service Tom Kloza spoke with Jeff Glor on how the Libyan rebellion has directly affected crude oil prices and how high we can expect the prices to go.
@ModernZealot..... If gas prices hit $5 per gallon, then it is time for Americans to riot.
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Under Bush....gas went from $1.60 to $4.40 and HE invaded an oil rich country. This thing with Iran exports.....we don't even get oil from them. The price is being driven by the futures-market.
It was the energy crisis of the 70's that cost Jimmy Carter a second term. Likewise, these escalating gas prices, above all, may be the straw that breaks Obama's back -- and good riddance to him.
If gas prices hit $5 per gallon, then it is time for Americans to riot. This is because the powers that be are doing absolutely NOTHING to ease the problem, in fact, they are doing everything in their power to make things worse by starting yet another unnecessary war with Iran. Folks, Obama is a MUSLIM who cannot stand the idea of pulling out of the middle east. He was supposed to END the war. Instead he went around congress and started another one! IMPEACH OBAMA NOW!
@Alvord1430 omfg electricity is so expensive nowadays GAAWWWWWWWWWD
MrBlair56 5 days ago
@ModernZealot Shut up.
MrBlair56 5 days ago
@tassiemarketstall..... And the U.S debt of $15,400,000,000 is your punishment for starting your wars and being greedy???
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I agree with you a gazillion percent. How much is a gazillion in metric???
stuartsc01 6 days ago
@stuartsc01.... And the U.S debt of $15,400,000,000 is your punishment for starting your wars and being greedy??? (LOL)
tassiemarketstall 6 days ago
@tassiemarketstall..... Its $6.70 here in Oz and close to $10 in Europe,
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That's your punishment for selling it by the litre instead of the gallon (LOL)
stuartsc01 6 days ago
@stuartsc01 Its $6.70 here in Oz and close to $10 in Europe,you guys are getting it easy !!
tassiemarketstall 1 week ago
@ModernZealot..... If gas prices hit $5 per gallon, then it is time for Americans to riot.
.
Under Bush....gas went from $1.60 to $4.40 and HE invaded an oil rich country. This thing with Iran exports.....we don't even get oil from them. The price is being driven by the futures-market.
stuartsc01 1 week ago
I bought an electric car last year. My fueling costs are next to nothing. My bank account is growing fast now that I don't buy gas.
FUOPEC1 1 week ago
It was the energy crisis of the 70's that cost Jimmy Carter a second term. Likewise, these escalating gas prices, above all, may be the straw that breaks Obama's back -- and good riddance to him.
dyad2r1 1 week ago
If gas prices hit $5 per gallon, then it is time for Americans to riot. This is because the powers that be are doing absolutely NOTHING to ease the problem, in fact, they are doing everything in their power to make things worse by starting yet another unnecessary war with Iran. Folks, Obama is a MUSLIM who cannot stand the idea of pulling out of the middle east. He was supposed to END the war. Instead he went around congress and started another one! IMPEACH OBAMA NOW!
ModernZealot 1 week ago