you guys are so last week.... http://uk.reuters.com/article/oilRpt/idUKL0666511320071206?pageNumber=3&virtualBrandChannel=0
On Dec 8, 2007 10:47 AM, Jeff Garza <[EMAIL PROTECTED]> wrote: > If only it were that simple... The instability is not only there (and as > Robert pointed out, it didn't rise like this during Desert Storm). The > conflict in Iraq was priced into the crude market 6 years ago. There is > conflict in Nigeria, A tin pot dictator in training in Venezuela, Putin > backstepping in Russia... The last spike in crude prices was due to > Nigeria > shutting down production due to rebel attacks. Before that it was a > pipeline burst between the US and Canada. "Instability" is everywhere and > combined with a massive rise in consumption (thanks China and India) is > why > the prices are where they are at. > > > -----Original Message----- > From: Dana [mailto:[EMAIL PROTECTED] > Sent: Saturday, December 08, 2007 10:28 AM > To: CF-Community > Subject: Re: Bush on Iran,ignoring intelligence that doesn't fit his world > view. Again. > > yeah? I'm sure he will. I'd bet money on it. But not by investing in oil. > I'm trying to put my money where my mouth is. Seriously, we are paying a > premium on our oil because of the risk of instability in the region. > There is *no* question about that. > > On Dec 8, 2007 9:08 AM, Jeff Garza <[EMAIL PROTECTED]> wrote: > > > All I'm saying Dana is that you, of all people, should understand that > > there are waaaaaayyyy more variables that go into this than just "the > > president did it for his oil buddies". I'm actually invested quite > > heavily in the oil industry(ies), so I keep an eye on as many of the > > variables as I can. But > > hey... You believe what you want to believe. Will the price of oil > > continue to decline? I think it will, but I'm sure 'ol Dubya can make > > it go back up if he wanted to... > > > > > > -----Original Message----- > > From: Dana [mailto:[EMAIL PROTECTED] > > Sent: Saturday, December 08, 2007 9:37 AM > > To: CF-Community > > Subject: Re: Bush on Iran,ignoring intelligence that doesn't fit his > > world view. Again. > > > > versus the previous week yeah, it is. Do you seriously think it will > > continue to drop? Have you noticed that 2.73 a gallon is now "low"? > > I'd find it amusing that a web developer was lecturing me on finance, > > if it weren't so sad. We've had a commodities market for a long long > > time, have *you* noticed *that*? > > > > But hey. The price of oil has more than doubled in the last two or > > three years, but that's mere coincidence. Blame Canada, or maybe the > Chinese. > > It's > > difinitely nothing to do with the president's industry ties. Neither > > is his threatened veto of the energy bill. > > > > Nope nope. The president watches over us and protects us. Our father > > who art in Washington. > > > > Bah. > > > > On Dec 8, 2007 7:34 AM, Jeff Garza <[EMAIL PROTECTED]> wrote: > > > > > OPEC serves the purpose of keeping oil prices high. Devaluation of > > > the dollar serves the purpose of keeping oil (and gold) prices high. > > > Speculation in the commodities markets keeps the price of oil high. > > > Lots of things keep the price of oil high. Did you notice that oil > > > prices have been declining for the past couple of weeks or so? It's > > > down nearly 10 percent... Is that Bush's fault as well? > > > > > > -----Original Message----- > > > From: Dana [mailto:[EMAIL PROTECTED] > > > Sent: Saturday, December 08, 2007 7:25 AM > > > To: CF-Community > > > Subject: Re: Bush on Iran,ignoring intelligence that doesn't fit his > > > world view. Again. > > > > > > Bush's big stick serves the purpose of keeping oil prices high ;) > > > > > > On Dec 7, 2007 5:52 PM, Robert Munn <[EMAIL PROTECTED]> wrote: > > > > > > > Diplomacy is preferable to war, but there has to be a credible > > > > threat of some sort of retaliation for diplomacy to work. Economic > > > > sanctions are the best tool the international community has > > > > against a country like Iran, but our ability to pressure Iran with > > > > sanctions is limited by the refusal of Russia and China to > > > > cooperate with more robust > > > sanctions > > > against them. > > > > > > > > Fortunately, we have other credible means of threatening Iran. To > > > > paraphrase Teddy Rosevelt, Bush is speaking softly and carrying > > > > the big stick of the U.S. military on his shoulder, and the > > > > Iranians believe (quite reasonably) that Bush will take that stick > > > > and thump them if need be. Bush's tough talk on Iran is part of > > > > the diplomatic strategy, not an attempt to subvert diplomacy. > > > > > > > > > > > > > > > > On Dec 6, 2007 3:13 AM, Vivec wrote: > > > > > > > > > > > > > > Government report released Tuesday says Iran stopped nuke work > > > > > in > > > 2003" > > > > > > > > > > http://www.cnn.com/2007/POLITICS/12/05/bush.iran/index.html > > > > > > > > > > At least this information came out before they dropped a > > > > > tactical > > > nuke. > > > > > It's amazing the misdirection and the build up over Iran. > > > > > > > > > > > > > > > > > > > > > > Let's hope that diplomacy is continued with Iran to bring them > > > > > in-line with what the world wants. > > > > > Because I don't think anyone wants a Nuclear Strike capable Iran. > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| ColdFusion is delivering applications solutions at at top companies around the world in government. 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