The political conflict currently going on in Egypt has sparked an energy debate in the United States. Although Egypt is not a big oil producer, their unsettled situation may have some short-run transportation impacts because 2.4 million barrels per day are transported through the Suez Canal. Reporting on this issue, Politico’s Darren Goode wrote on January 30th:

Congressional Republicans quickly called for a greater push for North American energy production, including accelerating oil drilling in the Gulf of Mexico. Democrats will undoubtedly use high prices to pursue more conservation and oil-alternatives, such as with President Barack Obama’s

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