99 weeks until the success to "The Road to Recovery" can be measured.
42 weeks until the rises in oil prices return.
IF the DOD wants to extend the timeline for withdrawal from Iraq they need to stock up on cheap oil. Perhaps the DOD hasn't heard that The Economic Crisis now tops the list of threats to the USA's national security. It is my point of view that the Iraqis are fully prepared to police and defend their own elections. Time to let go and get on with reducing our military budget and finding success in Afghanistan. I hope there are high priorities by the Obama Administration for hiring returning veterans from Iraq with all the supportive services for their transition in place, including automatic enrollment in unemployment benefits to a 'living standard' to help soften their return. Military health benefits for veterans should go along with the package until they transition into employment.
Oil prices jump after DOE inventory report (click title to entry - thank you)
By CHRIS KAHN – 7 hours ago
NEW YORK (AP) — Oil prices jumped above $42 per barrel Wednesday as a government report showed demand for gasoline is on the rise and that crude inventories have not grown as fast as was thought.
Light, sweet crude for April delivery gained $2.54 to settle at $42.50 on the New York Mercantile Exchange.
Phil Flynn, an analyst at Alaron Trading Corp., said a drop in retail gas prices, combined with the Energy Department report that showed demand is rising, had traders pumping money into crude stocks.
Drivers "like a bargain, and when they see those prices go down, they'll fill up," Flynn said. "Consumers are spending more on gasoline."
But Geoff Sundstrom, a fuel price analyst for AAA, cautioned that it's too soon to say whether motorists have returned to their old driving habits.
"I'd love to be more optimistic," Sundstrom said. "But we don't have enough information to say that Americans are getting out in large numbers."...
