World Oil Prices Soar Over Libya Unrest

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Uploaded by on Feb 21, 2011

Oil prices soared to a new two-year high Monday as escalating violence in Libya fueled concern about supply disruptions. The price of Brent crude oil in London, the benchmark for much of the world, surged more than two percent - to more than $105 a barrel on fears that growing unrest in the Middle East could spread to other major oil producing nations. Mil Arcega has more.

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  • Remember when Bush was in the Oval Office and gas prices rose? The press was up on its collective hind legs, yelling that Bush and his "friends" were manipulating oil prices and bleeding Americans at the pump. Now that we're up around four dollars a gallon at the pump (more if you live in California), where is the outrage from the press at President Obama? Or is Bush silently manipulating prices again from his ranch?

  • Big brother did it now every body want to do it. Big brother  meaning Egypt!

  • cival war, ouch

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