Mideast Tension Causing Oil Spike Spoil US Economy Recovery Invest At Home?

 

With oil prices reaching new highs due to the Arab uprisings, it's thought this could be just the start of a bumpy ride. Surging fuel costs in the U.S. are threatening to derail the country's recovery. And, as RT's Lauren Lyster reports, the political price may be too high for the Obama administration.

How about depend less on foreign oil and invest more on homeland oil companies from California to Alaska...Come on, we have way more than enough oil reserves to last US through 20-30 years and by then, we can probably transit into alternative energy!

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