Oil Soars, Crickets In Washington

The national average price for a gallon of gas has now reached $4.08, according to the motorist group AAA. Gas prices have risen 2.9% in the last month and are almost 38% higher than where they were a year ago. Oil reached a new record high today of $143.67 per barrel, but retreated a bit to close at a mere $140. Meanwhile on Wall Street, stocks have taken a beating for the month of June. Most other economic indicators stink as well. Now for the good news. OK, you got me, there is no good news. There is however an abundance of worse news. Congress has managed to do little to aid our ailing economy, much less to bring relief for the soaring price of oil. I know that the inaction of Congress does not surprise you, after all we have come to expect so little from our Legislative Branch. Things are heating up in the Middle East and I fear that that will really send the price of oil skyrocketing. Iran has now threatened to cut off the Strait of Hormuz, one of the main oil passageways in the Persian Gulf. Iran made this statement in light of the speculation about an attack on their nuclear facilities by Israel. The Middle East is like a powder keg in a world full of sparks. I have said it many times before that we could be close to World War Three. An attack on Iran by Israel could very well be that spark or even the high price of oil itself. Eventually the price of oil may hit a mark that Americans can not endure, and cause a suffering that Congress can no longer ignore.

TELL CONGRESS WE WANT TO TAP OUR OWN OIL RESOURCES!

GO TO AMERICAN SOLUTIONS AND JOIN THE 1.25 MILLION AMERICANS WHO

DEMAND ACTION RIGHT NOW!