What too many people don't realize is that little "incidents" make the crude oil market nervous. Its a complicated world market with many smaller regional markets. There is a ripple effect when one region gets nervous about political instability, a shooting war and a blockade.
This one has the "look" of all three...............


http://thehill.com/policy/defense/2...bout-iranian-convoy-headed-towards-yemen

For those who criticize "big oil" profit, realize that the federal government makes 18 cents/gal. and they don't own an oil rig or have to make payroll.
Same for the states although their tax rates differ.
Here is a link to see how you state ranks with others.

http://www.api.org/oil-and-natural-gas-overview/industry-economics/fuel-taxes/gasoline-tax

Last edited by bigwhoop; 04/17/15.

My home is the "sanctuary residence" for my firearms.