Energy OverView February 23, 2012

Bears have gone into total hibernation with the focus on Iran and the mischief they can cause. Crude oil prices have now risen to the highest level since May of 2011 when the Libyan civil war was in full swing. The latest form of Iranian intransigence comes as a refusal to let inspectors visit Iran’s nuclear sites, which makes it look like they have something to hide…

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