Here is your R&D for June 8th:
Oil Rises the Most in Three Weeks as OPEC Fails to Reach Accord from Business Week
In Vienna, OPEC failed to agree on production targets for the first time in 20 years, as Iran and Venezuela succeeded in thwarting Saudi Arabia’s bid to increase production. The move will likely send oil prices higher.
Zeroed In on N.H., Huntsman to Make Third Visit from RealClearPolitics
Former Utah Governor Jon Huntsman is making several trips to New Hampshire as his campaign has made the decision to skip the Iowa caucus. Huntsman is not contesting Iowa because he does not favor ethanol.
Obama, Merkel pledge to cooperate on Libya, economy from the Los Angeles Times
German Chancellor Angela Merkel and President Obama pledged last night to continue military action in Libya and to work to contain the debt crisis that is troubling the euro zone.
U.S. debt to exceed size of economy this year from the Chicago Tribune
How big is America’s debt getting? Well, according to a new report from the Treasury Department, the national debt will exceed the szie of the economy this year, which is the first time it has done so since World War II.
Developing countries lead surge in energy demand from the Associated Press
Fast-growing developing nations, like China and India, account for the biggest jump in global energy demand since 1973. China is now that world’s biggest consumer of energy, with 20.3% of global demand, compared with 19% for the United States.
Bonus: Check out RealClearPolitics 2012 Electoral College map.