He'd do anything to control the out of crontrol price of oil, but he won't do that, no he won't do that.


Oil rises above $70

(Oh, Look! There might be a way out of this! Could the sabre rattling be over?)

Continuing diplomatic impasse between U.S. and Iran provides support, just ahead of expected increase in gasoline stocks.

SINGAPORE (Reuters) - Oil prices gained Tuesday, passing $70 a barrel, as Washington dismissed Iran's move suggesting ways to ease tension over its nuclear aims. But the rise was limited as traders braced for an expected increase in U.S. gasoline stocks U.S. light crude for June delivery rose 31 cents to $70.08 after falling 42 cents Monday on hopes an unprecedented letter from Iranian President Mahmoud Ahmadinejad to President George W. Bush could help break the diplomatic impasse.


Oil falls below $70 on Iran hopes

(Oh, Hells no!)

LONDON, England (Reuters) -- Oil fell below $70 on Monday on hopes tension over Iran's nuclear ambition will ease after Tehran made an unprecedented move to contact Washington.U.S. light crude for June delivery was down 78 cents to $69.41 a barrel. London Brent crude fell 76 cents to $70.19 a barrel.

Raleigh area readers, Alert Reader Tony sent on this link to gas prices in the area, the good, the bad and the ugly

Raleigh Gas prices