Saudi Arabia Will Not Let Oil Go Above $100: Prince - US Business News. Prince Alwaleed: Saudis Won't Let Oil Top $100 In a live interview with CNBC's Maria Bartiromo, Saudi Prince Alwaleed Bin Talal Bin Abdualaziz Alsaud, Chairman of Kingdom Holding Company, talks about the price of oil and whether Iran might follow through with its threat to close to Straits of Hormuz.
But if the strait is blocked he believes the U.S. can reopen the strait "very quickly. " He added he wants a "nuclear-free" region, which means Israel should give up its nuclear arsenal, too. He said the European debt crisis is "pulling down the growth of the world economies" and it is important for the European Union countries to "get their house in order because this can't go on indefinitely. " Greece leaving the EU would set a bad precedent, he added, and could lead to the disintegration of the euro. India Trumpets Ties With U.S. Amid Iran Oil Deal.
Saudi Arabia Cuts Oil Output, Export: Industry Report - Business News. The OPEC heavyweight saw production decline by 237,000 barrels per day (bpd) from three-decade highs of 10.047 million bpd in November, the JODI data showed on Sunday.
The draw-down was sharper for the actual amount exported, declining by 440,000 bpd, or 5.6 percent, to come in at 7.364 million bpd, the data also showed. The level would still be similar to exports after a steep ramp-up last June. In its monthly report on February 10, the IEA put Saudi Arabia’s production number for December slightly lower at 9.55 million bpd, a disparity of 260,000 bpd versus the JODI data. Gas May Hit Four Dollars a Gallon. <br/><a href=" US News</a> | <a href=" Business News</a> Copy Gasoline prices could soon hit $4 a gallon, a threshold they haven't flirted with since last spring.
The average price paid by U.S. drivers for a gallon of regular now stands at $3.52, according to the U.S. Energy Information Administration, which released its latest figures this afternoon. That price represents an increase of 0.04 percent from a week ago and 0.38 percent from a year ago. Gas prices are rising fast. - mcall.com. February 14, 2012|By Sam Kennedy, Of The Morning Call Kirsten Pinnock monitored closely the dial on the Allentown Sunoco gas pump.
She only wanted $12.50, not a penny more. State Media Says Iran Will Cut Oil to 6 European Nations. Iran stops oil sales to British, French companies. Oil prices at nine month high after Iran dispute - Business News - Business. Benchmark crude was up 1.75 to 104.99 dollars a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange.
Earlier in the day it rose to 105.21, the highest since May. Gasoline Prices Are Not Rising, the Dollar Is Falling. Stop the Nonsense About the "Falling Dollar" Being the Cause of Rising Gasoline Prices. Louis Woodhill, Forbes contributor says he applies "unconventional logic to economic issues".
He proves it with this headline report Gasoline Prices Are Not Rising, the Dollar Is Falling. Florida Drivers Shelling Out Nearly $6 A Gallon At Some Gas Stations. By Matthew L.
Higgins February 22, 2012 11:47 AM News. Analysis: Oil price rise raises specter of global recession. Obama Cites Rising Gas Prices – Up 83 Percent Under His Tenure – Among Reasons to Extend Payroll Tax Cut. President Barack Obama speaks to continue to push Congress to act to extend the payroll tax cut and unemployment insurance through the end of the year, Tuesday, Feb. 14, 2012, in the Old Executive Office building on the White House complex in Washington. (AP Photo/Susan Walsh) (CNSNews.com) – President Barack Obama listed rising gas prices as among the many reasons to extend the payroll tax cut Tuesday, flanked by individuals the White House promoted as being affected by $40 per paycheck the average American would lose if the tax cut is not extended at the end of February.
The payroll tax funds Social Security. Cutting the tax would reduce funding to Social Security by $119 billion over the next year, on top of the $105 billion reduced from funding in 2011. While Republican lawmakers have expressed plans to vote for a full-year extension to the tax cut, Obama told his audience Tuesday at the Eisenhower Executive Office Building in Washington that they must put pressure on Congress. County Gas Prices At Record High For Month. The average price of a gallon of self-serve regular gasoline in San Diego County Friday recorded its largest daily increase since Feb. 25, 2011, rising 4.8 cents to $3.992, its highest amount since June 3.
Video: Gas Prices Reach Record High For February» Sign Up For Breaking News Alerts» Like Us On Facebook The average price has risen 23 consecutive days and is 16.2 cents more than one week ago, 26.7 cents higher than one month ago and 49 cents greater than a year ago, according to figures from the AAA and Oil Price Information Service. The average price has risen 25.5 cents over the past 23 days, including 3.4 cents on Thursday. The average price of a gallon of regular gasoline on Thursday -- $3.96 -- was a record for any day in any February, the consumer group UCAN reported. Henry Kissinger: "If You Can't Hear the Drums of War You Must Be Deaf"
Henry Kissinger, the most famous living practitioner of international statecraft NEW YORK - USA - In a remarkable admission by former Nixon era Secretary of State, Henry Kissinger, reveals what is happening at the moment in the world and particularly the Middle East. Speaking from his luxurious Manhattan apartment, the elder statesman, who will be 89 in May, is all too forward with his analysis of the current situation in the world forum of Geo-politics and economics.
"The United States is baiting China and Russia, and the final nail in the coffin will be Iran, which is, of course, the main target of Israel. We have allowed China to increase their military strength and Russia to recover from Sovietization, to give them a false sense of bravado, this will create an all together faster demise for them. We're like the sharp shooter daring the noob to pick up the gun, and when they try, it's bang bang. Recovery Ending Event: Big Oil Insider Warns of $5 Gas This Year. U.S. consumers may be able to ignore continued warnings about economic and political instability by avoiding the news and burying their heads in the sand when water cooler conversations pop up, but what they will not be able to ignore is paying $40 more every time they pump gas into their minivans.
According to oil industry insider and former Shell CEO John Hoffmeister, that’s exactly what we can expect this year. In an interview with CNBC, Hoffmeister warned that the price of oil will continue to rise amid increasing global demand from emerging economies, tensions in the middle east, and a weakening dollar, causing the price of gas to jump to $5 per gallon before the end of this year: Some of you may recall what happened the last time gas jumped to all-time highs averaging $4 across the country in the summer of 2008: Is Israel preparing to attack Iran? Panetta believes there is a strong likelihood that Israel will strike Iran in April, May or June — before Iran enters what Israelis described as a “zone of immunity” to commence building a nuclear bomb.
Very soon, the Israelis fear, the Iranians will have stored enough enriched uranium in deep underground facilities to make a weapon — and only the United States could then stop them militarily. Israeli Prime Minister Benjamin Netanyahu doesn’t want to leave the fate of Israel dependent on American action, which would be triggered by intelligence that Iran is building a bomb, which it hasn’t done yet. Israeli Defense Minister Ehud Barak may have signaled the prospect of an Israeli attack soon when he asked last month to postpone a planned U.S. Is Iran trying to develop a missile that could reach America? Is Iran trying to develop a missile that could reach the "Great Satan"? Skip to next paragraph Subscribe Today to the Monitor Click Here for your FREE 30 DAYS ofThe Christian Science MonitorWeekly Digital Edition The missile under construction at an Iranian research-and-development facility, which was damaged by a mysterious explosion in November, was a long-range missile prototype with a range of 6,000 miles – enough to hit the United States, a senior Israeli official said Thursday in a speech to a defense and security forum.
At the time of the Nov. 12 explosion at a facility some 30 miles outside Tehran, Iranian officials insisted that the suspicious blast was an accident. Iran begins new military exercises in south. TEHRAN, Iran (AP) - Iran's powerful Revolutionary Guard began military exercises Saturday in the country's south, the latest show of force after threats to close the strategic Strait of Hormuz in retaliation for tougher Western sanctions. The latest military maneuvers got under way following stern warnings by Iran's Supreme Leader, Ayatollah Ali Khamenei, about any possible U.S. or Israeli attacks against Tehran's nuclear facilities.
Western forces also have boosted their naval presence in the Gulf led by the American aircraft carrier USS Abraham Lincoln. Iranian warships dock at Saudi port. Iran mass producing anti-ship cruise missile: TV. U.S. Navy: Iran prepares suicide bomb boats in Gulf. Commander Warns Against Iran's 'Suicide Ships' - Middle East.
Vice Admiral Mark I. Intel Official: Iranian Missiles Could Hit Nearby U.S. Targets, Europe - DOTMIL. Iran claims its navy enters Mediterranean as tensions with Israel grow. Iranian warships dock at Syrian port after crossing Suez Canal. Iran threatens pre-emptive action against 'enemies' - World news - Mideast/N. Africa - Iran. TEHRAN, Iran — Iran would take pre-emptive action against its enemies if it felt its national interests were endangered, the deputy head of the Islamic Republic's armed forces was quoted by a semi-official news agency as saying Tuesday. 'Iran ready to wipe Israel off the map' Playing on Iran’s Home Court: The Great Strait of Hormuz Test. File, Political Analysis, Espionage, Terrorism, Security. How Iran could Win a War against Israel and the United States in One Hour. File, Political Analysis, Espionage, Terrorism, Security. Calm Down. Iran's Missiles Can't (and Won't) Hit the East Coast. Iran's Supreme Leader Threatens Israel, U.S. - Middle East.
Ayatollah: Kill all Jews, annihilate Israel. Iran renews support for Palestinian resistance. Iran, Lebanon talk defence ties, slam Israel. Iran warns world of coming great event. Iranian Majlis' Website: Attack Israel this Year - Middle East. Iran to unveil 'great nuclear achievements' Widow: Iranian Scientist 'Sought Israel's Demise' - Middle East. Formerly secret telexes offer window into Iran’s nuclear deceit. Iran's Ahmadinejad, reviled abroad, fades at home. U.N. sees spike in Iran’s uranium production.
U.S. Agencies See No Move by Iran to Build a Bomb. Israel, Kurdish fighters destroyed Iran nuclear facility, email released by WikiLeaks claims. Iran’s underground nuclear sites not immune to U.S. bunker-busters, experts say. Why Ahmadinejad is eager to show off new Iran nuclear facilities. Ahmadinejad calls for new world order State of Denial in Coming War Catastrophe. » Russian Army Chief: Decision On Iran Attack To Be Made By Summer Alex Jones. Rothschilds Want Iran’s Banks. Satanist Insider: Iran Attack "First Half of March" Foreign Press Rents Tel Aviv Rooftops to Cover Iran War. Israel Vice PM: Military strike can hit all of Iran's nuclear facilities. Israel Warns US Jews: Iran Could Strike Here. Israel, U.S. Divided Over Timing of Potential Military Strike Against Iran. Israel embassies preparing for Iran strike? Dempsey Told Israelis U.S. Won't Join Their War on Iran.
Krauthammer: Israel ‘will strike’ Iran to ‘prevent a second holocaust’ Israeli attack on Iran would be complex operation. U.S. carrier crosses Hormuz amid rising Gulf tensions. Britain fears new Cold War over Iran. ELI5: what would happen if the U.S attacked Iran? : explainlikeimfive. Anyone get the feeling the entire present human population is about to get slapped the fuck in the face with a dire reality? : conspiracy. U.S. military told to prepare for Iran ops. Marines 'assault' US beaches in amphibious drill. Britain had to plead with US to take part in Iran flotilla. US officials believe Iran sanctions will fail, making military action likely. Netanyahu blames Iran, Hezbollah for bomb targeting Israeli diplomats. Bombers Target Israeli Diplomats in Georgia, India. Israel Will 'Settle The Score' For Bangkok Explosions. Bangkok blast suspects 'targeting Israeli diplomats' Israelis prepare for war with Iran. Netanyahu: Iran sanctions not working.
Netanyahu to meet with Obama amid friction over Iran. Tel Aviv to get missile interceptor system: army. File, Political Analysis, Espionage, Terrorism, Security. Heightened Security in US Over Iran Threat. Exclusive: Photos Show Alleged Iran Bombs Hidden in $27 Radio. Russia warns Israel not to attack Iran. Israel teams with terror group to kill Iran's nuclear scientists, U.S. officials tell NBC News.