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Archive for the ‘Middle-East’ Category

How Low Will Oil Prices Go?

The national average price of gasoline has fallen to $2.22 and the price of a barrel of oil has fallen to near $56. Now, with the slowing global economy, will oil prices continue to fall? Some factors point to yes: 1. U.S. promises to drill more may flatten oil prices. 2. ...

Response Appropriate and Warranted

Israel's Response to Terrorist Kidnappings is Rationally Disproportionate Contrary to the seething condemnation of its detractors, Israel's targeted bombing of Hamas sites in the Gaza Strip and Hezbollah infrastructure in southern Lebanon is entirely appropriate. Critics have argued that Israel's response--a reaction to the kidnapping of three Israeli soldiers-- has not been ...