Philly.com | Oil production: A Slippery Issue Philly.com The world is awash in oil, and Congress has decided to do something about it. With the Saudis pumping like crazy, the Iranians returning to the market, and U.S. production near record highs, oil prices are the lowest in more than a decade, and gasoline ... Saudis need to stop the oil flood Remember When Kasich Proposed An Oil Tax Just Like Obama's? WTI Crude Oil Price Forecast: Oil Bulls May Soon Have Reason to Cheer |