soros power oil drilling Wrote:
-------------------------------------------------------
> Meanwhile, the (convicted felon) Soros-funded
> Democratic Party pumps money into Brazil to help
> them drill for oil (immediately after Soros bought
> an $811 million stake in Petrobras, Brazil's
> state-controlled oil company).
>
> While Obama blocks Keystone XL pipeline (killing
> 20,000 jobs), and oil production in Ohio (killing
> 200,000 jobs).
>
>
http://winteryknight.wordpress.com/2011/11/19/obam
> a-administration-blocks-oil-production-in-ohio-200
> 000-jobs-lost/
BREAKING!!!!
Oil prices falling because of U.S. production, Canada imports:
Analysts said that a crude-oil glut from increasing domestic production and imports from Canada helped drive U.S. oil prices below $100. They added that a change in the flow of a key U.S. oil pipeline that begins this week could help reduce retail gasoline prices.
The U.S. Energy Department says that crude oil inventories at a storage hub in Cushing, Okla., reached a record 45.1 million barrels on May 11, breaking the old record of 41.9 million barrels set in early April 2011
http://www.latimes.com/business/money/la-fi-mo-oil-glut-20120517,0,3326267.story
A boom in natural gas drilling in the U.S. has, indeed, led to dramatically lower prices across the board as supplies hold near historic highs. Yet the most aggressive oil drilling in the country in nearly a decade has not produced the same result, even as crude oil inventories hit a 21-year high. While oil recently slipped below $100 a barrel – a dip Wall Street has already branded as temporary – it remains at the upper end of its historic range.
http://www.reuters.com/article/2012/05/23/us-bakerhughes-rigcount-idUSBRE84M0YS20120523
US Achieving Energy Independence:
LONDON, May 22 (Reuters) - Europe is facing a glut of high quality crude oil grades, only a year after war in Libya created a serious shortage, as the continent's demand falls and the United States cuts imports due to greater availability of domestic supply.
http://www.reuters.com/article/2012/05/23/europe-oil-idUSL5E8GN2I520120523
Keystone XL Pipeline Will Raise U.S. Gasoline Prices, Group Says
http://www.bloomberg.com/news/2012-05-22/keystone-xl-pipeline-will-raise-u-s-gasoline-prices-group-says.html