Could Obama Push Crude Oil to $300 Per Barrel

…The plan, if executed properly, is setting up to work out perfectly from a political perspective. More importantly, there will be an opportunity to both take some quick profits on a trade and to play this plan over the long-term.

First, one or two of the proposed taxes on the oil companies will be voided. This will allow the representatives from oil producing states to go home and claim victory.


Then the government will take the initial taxes and