By Bill O’Reilly
Host, “The O’Reilly Factor”

We have been closely watching this oil chaos, and it is becoming clear that high fuel prices will be the most important issue in the upcoming presidential campaign. Our enemies now realize they can wreck the U.S. economy by creating hysteria in the oil market.

Listen to this: It costs Saudi Arabia less than $2 to produce a barrel of oil. Less than two bucks. Last week OPEC charged $138 for that barrel.

Simply put, if the escalation of oil prices continues the world will go into a steep recession, perhaps a depression.

To read Bill’s entire “Talking Points Memo” click here

By Ellen Ratner
Bureau Chief, Talk Radio News Service

If you watched “The War Room” about the 1992 Clinton presidential campaign you would have seen the famous James Carville sign, “It’s the economy, stupid.”  Fast-forward 16 years later and we have another economic crisis. It’s still the economy but what’s behind our lousy economic times, now? That three-letter word: oil.

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By Tammy Bruce
Radio talk show host/FOX News Political Contributor

Seattle Mayor Greg Nickels has signed an executive order to ban guns on all property owned by the city. 

After the roar of approval from psychotic murderers died down, Nickels explained the new ban was necessary after a shooting at the Folklife Festival wounded two people at the Seattle Center.

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