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Transcripts For CSPAN3 Key Capitol Hill Hearings 20150214

A stiptypical family could save 1100. They provide greater Economic Relief to low income households and Senior Citizens on fixed incomes. Even better they do not require a dime of taxpayer money. No one has to wrestle this tax cuts. Low prices patrolling are spending power. Residential heating down 1. 33 residential propane down 1. 40. Every dollar consumer save while fueling their cars and heating their home is one they can use to purchase other goods and services. This is all great news for American Consumers but not every one is celebrating lower energy prices. Crude is below break even prices. Russia iran and venezuela need Brent Crude Oil prices well past 100 per barrel to balance their budget. Mostly because brent crude prices have plummeted by 50 during the same time. On monday brent crude traded at 57 per barrel. Thats 58 less than its peak. Russia needs brent to trade around 107. Ie venezuela needs prices to go to 151. Around 50 of its annual budget from the oil and gas indust

Transcripts For CSPAN3 Key Capitol Hill Hearings 20150214

Low gas prices act distributed to every american. A stiptypical family could save 1100. They provide greater Economic Relief to low income households and Senior Citizens on fixed incomes. Even better they do not require a dime of taxpayer money. No one has to wrestle this tax cuts. Low prices patrolling are spending power. Residential heating down 1. 33 residential propane down 1. 40. Every dollar consumer save while fueling their cars and heating their home is one they can use to purchase other goods and services. This is all great news for American Consumers but not every one is celebrating lower energy prices. Crude is below break even prices. Russia iran and venezuela need Brent Crude Oil prices well past 100 per barrel to balance their budget. Mostly because brent crude prices have plummeted by 50 during the same time. On monday brent crude traded at 57 per barrel. Thats 58 less than its peak. Russia needs brent to trade around 107. Ie venezuela needs prices to go to 151. Around 5

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