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Tag archive for ‘Energy Department’

Obama to America - I won’t drill…

Obama to America - I won’t drill…

Sen. Barrack Obama, in addition to wanting to tax the living daylights out of you, has also decided, it is good you pay more for gasoline. Responding to the recent 180 by the President and Sen. McCain on oil exploration, Senator Obama said this:
Offshore drilling would not lower gas prices today. It would not lower [...]

Oil prices slip as Dollar Rises

VIENNA, Austria (AP) — Oil prices slipped Wednesday, adding to their steep slide of more than $3 a barrel in the previous session on a strengthening U.S. dollar and data showing a dramatic drop in American fuel demand.
Easing concerns about supplies also put a lower ceiling on prices.
Trading was cautious in Asia as market participants [...]