The price of Brent crude way back in March 2012 during Obama averaged $123 a barrel. That would be about $175 a barrel in today’s dollars. And meanwhile today, with Brent hovering around $100, it’s only slightly higher than the inflation-adjusted price since January 2001, roughly $95.  So I still believe not only is this a very mild wartime oil shock, it’s a small price to pay for changing history by decapitating the radical Islamic extremist regime in Iran.

With General Jack Keane, Sen. John Kennedy, Sen. Marsha Blackburn, Steve Forbes, Liz Peek and Monica Crowley. 

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