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In the latest fighting, israel has bombed a building in central beirut. Both Israel And Hezbollah have reported a second day of intense fighting on the ground in southern lebanon. Oil prices jumped on tuesday over supply fears, with markets regAining ground as investors seemingly come to terms with the escalation in tensions. Lets have a quick look at the price of oil, once agAin today, more than a i once agAin today, more than a i increase, the price of oil just below 75 per barrel. It would look at the Share Markets in asia, its an interesting picture were seeing. Japan is seeing a bigjump, Over2 because of the yen has weakened significantly on anticipation of what might happen in the japanese Economy But Hong kong is down over 3 . Big profit taking going on in hong ko ....
The rich. talking about the oil and gas industry, a place like where i m from, that s what provides employment to tens of thousands of average oklahomans, and you start doing some of the things that the president is talking about with just offshore production to saudi arabia and opec in general, lower american production and cost american jobs. it s a really poorly thought out idea. now there s some things what about the profits? wait a minute. what about the profits in oil and gas? let s not act like people in the oil and gas business to take care of the working class in your district or anybody else s district. they are in business to provide jobs but any company is in business to make money, but the reality is the money they make they reinvest in exploration production right here at home so i think it s a mistake. having said that, there s some things i agree with the president on, his willingness to accept free trade deals is admirable. we ought to act on that immediately. agai ....