Gas Prices

Everyone agrees higher gas prices will hurt the economy [LA Times - Gas Prices]

The GOP and Bill O'Reilly blame Obama [Bill O] [GOP] others blame, the Greek bailout, Middle East tension and speculation.

I think the Middle East tension is the main driver. The speculation is a direct result of the unrest in the middle east with the big money betting on escalation and disruption of the oil flow from the region. Of course, the Israeli demand that the world clamp down on Iran is the main driver of tension. The US congress did as they were told by the Israeli lobby and increased the sanctions , Obama signed it, and the result was an economic war that increased oil prices. We shot our economy in the foot to protect Israel.

[Iran] [Iran 2]


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