September 6, 2008

GAS TAXES ARE A DAGGER...:

Iran says oil price is right at $100 a barrel (Angela Jameson, 9/06/08, Times of London)

Pressure for a cut in oil output at next week's Opec meeting in Vienna stepped up today when Iran’s Opec governor said an oil price of $100 per barrel was “appropriate” in current conditions. [...]

Oil market analysts expect Opec producers to vigorously protect the $100 a barrel price at next week’s meeting against a backdrop of rapidly falling crude prices and the strengthening dollar.

Crude oil prices are now at a five-month low and could yet fall through the $100 a barrel level, first breached at the beginning of this year.


...aimed right at the heart of their corrupt and repressive regimes. The more of the cost of gas we use to replace our current taxes the less they'll get to buy off their masses.

Posted by Orrin Judd at September 6, 2008 8:27 AM
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