Oil Hits 11-Year High as Big Oil Dumps Russia, White House Mulls Energy Sanctions

The price of crude oil touched its highest level in nearly 11 years on Wednesday amid the ongoing Ukraine crisis which has roiled energy markets.

The WTI index, the U.S. benchmark index, surged to $112.09 per barrel, its highest level since May 2011, early Wednesday before receding near $108 per barrel, marketplace data showed. The global Brent crude benchmark approached $114 per barrel then dropped below $111 a barrel.

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Court Memos Shed Light on Michael Bloomberg’s Role in NYC’s Climate Crusade

by Chris White   One of the attorneys attached to former New York City Mayor Michael Bloomberg’s environmental nonprofit was heavily involved in litigation targeting ExxonMobil, according to a document obtained by The Daily Caller News Foundation. Gavin McCabe, a lawyer connected to Bloomberg Philanthropies, signed an amicus brief in…

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