It’s coming, and coming soon.  The arguments so far have not worked because they are flawed.* But here is the next likely reason they will proffer to support the deal with Iran.  And it is a base one: the price of a gallon of gas will go down at the pump. Oil just hit a 6-year low.  There are many reasons why this has been case.  The world’s economies have been slowing (especially China), so oil demand is plummeting.  New sources of oil and gas are being explored.  The Saudis and others are producing as much as they can to weaken Iran.  Iraq oil production is ramping up.  Oil exporting nations are scrambling for market share so boosting production.  Russia also needs all the oil revenue it can since its economy is in a free fall.  Fracking technologies continue to move forward.  The latest news is that a previously fracked field can be “fracked” up to 8 times to gather more oil.  The Sunni...(Read Full Post)