Oil price spikes as OPEC production talks break down

Oil prices spiked higher after reports that Opec producers decided to keep production unchanged as talks broke down.

Telegraph [UK] 08 Jun 2011

Brent crude prices jumped $1.42 to $118 a barrel as Saudi Arabia, the cartel’s biggest producer, failed to convince others to raise output to ease fuel inflation in struggling Western economies.

Ali […]

OPEC Overshadowed by Qaddafi in Most-Hostile Meeting Since 1990 Gulf War

Ayesha Daya Bloomberg 6/6/2011

OPEC’s decision on production quotas this week may be complicated by hostilities in Libya as members meeting in Vienna find themselves supporting opposing camps of a military conflict for the first time in 21 years.

Not since Saddam Hussein invaded Kuwait in 1990 has the producer group gathered with some nations […]

Allen West on Energy and Drilling

AllenWestNation.com via Tell DC Video 3/25/2011

Crude Oil Falls Below $100 a Barrel

Clifford Krauss The New York Times 5/5/2011

HOUSTON — Oil prices closed below $100 a barrel on Thursday during a session in which most commodity prices fell sharply, signaling that a recent run-up in commodities prices may finally be coming to an end.

After four months of surging higher, oil prices plummeted by almost 9 […]

What the Osama-Kill Story is Cloaking for the MSM and the Administration

drillanwr Babalu Blog 5/5/2011

Jennifer Rubin at the WaPo has a very good piece where she points out the fallacies behind the incessant push regarding the rich paying their “fair share” in taxes. Citing a Wall Street Journal study and the CBO report we find not only will taxing the rich to death NOT solve […]

Stalwarts, Revolutionaries and Dark Horses

Freedom Watch FoxBusiness.com 4/25/2011

Democratic pollster Doug Schoen on why he believes the President will be his own worst opponent in 2012, and which dark horse he’d put his money on to take the White House in the end

Watch the latest video at video.foxbusiness.com

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