oil prices

You are currently browsing articles tagged oil prices.

Juan Cole provides an interesting news item from Aljazeera this morning: “Almost all of the wealth generated in Iraq comes from two off-shore oil rigs. Guarding these sites is a priority, not just for war-torn Iraq, but for a world in which oil prices have touched record highs.
[youtube]http://www.youtube.com/watch?v=kdHOc-TbSOQ[/youtube]

Tags: , , , , ,

Ron Paul talks sense on Iran. As Juan Cole points out, Paul argues that speculation about a US or Israeli strike on Iran is driving some of the increase in oil prices. Also, it appears that the OPEC president agrees.
[youtube]http://www.youtube.com/watch?v=7354M1QmGYQ[/youtube]
Not only is such speculation causing a rise in oil prices, but as he further rightly points out, the need for a US or Israeli strike on Iran does not exist! Iran is not at all on the verge of making nuclear weapons. Listen to what he says. The truth of it has been well established for some time. We are being led over a cliff by raving neocon lunatics in the both US and Israel! And if not lunatics, brain washed timid people. I is pissed!

Tags: , , , , ,