…let alone better off, than it was before the Iran war started. And if there was a peace deal today, it would likely be several months before the oil flow…

…countries and companies that need oil are bringing their empty tankers to Gulf Coat ports and loading up. US oil exports have thus hit a new record: Further, because the…

…easy for him to do so now, though. That statistic: Romney’s claim that Obama has reduced oil production from drilling on federal lands by 14% by denying drilling permits and…

…Unfortunately, due to a continuing power outage – also caused by Hurricane Gustav – the DOE is unable to pump oil from storage. Disruptions serious enough to be “economically threatening,”…

…period. Is there really a shortage so soon? Oil and gasoline industry are a bunch of pirates, Taken from “Gas prices climb in U.S., Southwest during war with Iran,” ncwlife.com,…

…Revolutionary Guard has threatened to not allow “a single liter of oil” to leave the Persian Gulf. Somehow, I don’t see this ending anytime soon. It’s all about the oil…

…gain new blood. Instead we spill blood, as competition for existing businesses in the region pits city against city. It happens all the time. Birmingham commits millions to steal a…

…it also comes after a string of disasters in recent years that were tied to government regulators falling short, including the financial crisis of 2008, the BP oil spill and…

…causing the huge BP spill). I learned how little I know about regulation of drilling rigs. First, they are considered ships and, therefore, are licensed by the nation where they…

…Louisiana. Vessels must not come within 20 meters of booming operations, boom, or oil spill response operations under penalty of law. The safety zone has been put in place to…