Tag Archives: Juan Cole

GOP, Iran, Obama and gas prices.

Juan Cole:

As prices in February hit a historic high for this time of year, presaging perhaps $5 a gallon gasoline this summer in the US, Iran is still sitting pretty. The fragile European and US economies, however, may take a hit from higher transportation costs (the US will likely see a fall in summer travel and internal tourism). The same Republicans who complain that President Obama hasn’t been hard enough on Iran are cynically planning to campaign against him on his having caused higher petroleum prices, ignoring the role of sanctions on Iran and tensions with that country in the price run-up! I hate to say it but I told you so.

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Filed under Afghanistan, Barack Obama, Countdown to attack on Iran, economics, global warming/environment, Iran, Iraq, Middle East, perpetual war: fascism in disguise, Politics, Republican politicians: are any of them normal, USS Ronald Reagan