Barrel Maximum News Today

Presidential finding. press stories, that there is one, i have no idea. >> lets talk about the strategic importance of oil on the planet right now. how valuable is it strategically now and how does that mess with our lives? >> it is vital. oil dominates about 96% of transportation around the world. and opec has something approaching 80% of the worlds petroleum reserves. we have 3%. so it takes -- and it costs them a few dollars a barrel maximum to lift oil, say in saudi arabia. it costs us tens ...