Oil prices have been on the rise recently, with supply worries from the unrest in the Middle East pushing prices past $106 a barrel this morning, the highest in two years. Americans are feeling the sting of an average $3.50 a gallon price at the pump, with prices as high as $5 a gallon in some areas such as L.A. Read More
Last week, Rep. Ted Poe, R-Tex., and two dozen members of Congress from the Gulf states pleaded with Interior Secretary Ken Salazar to lift the Obama administration’s six-month moratorium on deepwater drilling.
Today a federal judge did it for him. Read More