Wednesday, March 28, 2012

Oil prices to come down says Saudi minister

Ali Naimi, Minister of Petroleum and Mineral Resources in Saudi Arabia says oil prices will be lowered and there is no shortage of supply.  Although you would think this would lower pump prices in the United States there is concern with several recent EPA shutdowns of U.S. oil refineries that a supply shortage could develop in the U.S.A. resulting in higher prices for consumers courtesy of the Obama regime...developing...


http://www.ft.com/cms/s/0/9e1ccb48-781c-11e1-b237-00144feab49a.html#axzz1qTYyna00