Tuesday, March 01, 2011

Cartoons of the day: oil, America and dictators


Yes, denial helps!
Anyway, oil ... comes from ...
And the US response?

Where are oil and gas prices now?
the price of light sweet crude rose more than 2 percent to $98.99 a barrel while Brent crude rose 2.5 percent to $111.94. Oil jumped above $100 a barrel in after-hours trading in New York. The national average price for a gallon of regular gasoline rose by nearly a penny on Tuesday to just over $3.37, which is 20 cents higher than a week ago.
I would rather pay more at the pump than to keep in power the maniacal authoritarian regimes.
Update:
On March 11, a "day of rage" is scheduled in Saudi Arabia. In all likelihood the Saudis will keep a tight lid on it. If they don't, the result could be the Mideast's most astonishing stride yet toward individual freedom and democracy. But a sudden, uncontrollable popular uprising in Saudi Arabia would likely be catastrophic, economically, for the rest of us. Perhaps it's just as well that we have little ability to influence the outcome one way or another.

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