Tuesday, January 3, 2012

Iran Oil Spike Emboldens FTTN's U.S. Drilling Plans

A new surge in oil prices today after an Iranian military official issued a warning to the U.S. served to further embolden the domestic oil and gas drilling efforts by First Titan Corp. (OTCBB: FTTN) and others. Gen. Ataollah Salehi, Iran's army chief, warned an American aircraft carrier not to return to the Persian Gulf this morning. The tough talk is the latest drama in Iran's feud with the U.S. over new sanctions that have sparked rising oil prices. After the threat was issued, oil price...continued
 

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