Oil Prices

President Bachmann Brings Back $2 Gas

President Bachmann Brings Back $2 Gas

In the run-up to the 2012 Republican nomination, Michele Bachmann promised we'd see $2 gas again if she was elected President of the United States. Well today President Bachmann delivered. https://twitter.com/MicheleBachmann/status/551054670446469120

March 7, 1978 - Oil, Coal And Settlements Everywhere.

March 7, 1978. Sharp divide among Israelis about settlements in Arab territories. Coal Miners Strike. Carter invoking Taft-Hartley to settle strike. Panama Canal Treaty debate continues. Rhodesia border clashes with Zambia. Cairo looking to Washington for leadership in Middle-East Peace talks. Kuwait Oil Minister seeks boost in prices. Larry Flynt recovering from surgery following shooting. Mid-West feeling effects of Coal Strike.

March 2, 1983 - Socialists And Sandanistas.

March 2, 1983 - Pope John Paul II en route to Costa Rica in an appeal to end fighting in Central America, primarily El Salvador and Nicaragua. Saudi Arabia and Venezuela hint at lowering oil prices to OPEC. Storms batter California, Los Angeles - worst in years. $150BN Social Security bailout approved. Leading Indicator Index figures at 3.6%, biggest jump since 1950. Burlington Vermont re-elects first Socialist Mayor. Iraq attacks Iranian oil fields, claims 5 ships sunk including oil tankers. Funding and arms appeal to Contras proposed on Capitol Hill. Hmm.