OPEC: Expect 'Unlimited' Oil Prices With Iran Bombing

OPEC: Expect 'Unlimited' Oil Prices With Iran Bombing

www.infowars.com

The head of Organization of Petroleum Exporting Countries has warned that the world faces unlimited oil and gas prices should an attack on Iran take place.

Abdalla Salem El-Badri, the OPEC secretary general, told reporters that because Iran is the second-largest producing country in OPEC, providing four million barrels of oil a day, the output would be impossible to replace.

(visit the link for the full news article)



[edit on 10-7-2008 by DimensionalDetective]

Kind of a no-brainer here, particularly when any rhetoric or threat from either side seems to be an excuse for the Oil people from top to bottom to ramp up the prices. When the maniacs in our gov green light this lunacy, we can expect the prices of today to be a distant dream, even though they are our current nightmare.

Since August 2007, the price of oil has doubled from under $70 per barrel to more than $140 per barrel and rising.

With prices showing no sign of dropping, it is certain that any attack on Iran would spur on the rise for the foreseeable future.

www.infowars.com
(visit the link for the full news article)

The interesting thing is the doubling of the price since AUG 07. There has actually been less violence in Iraq (Afghanistan has had an increase) in the last year and for basically no reason except speculation is the reason Oil has risen. Wall Street cannot escape the greed to make money even if it is just speculation.

I would guess the main reason Oil prices have increased so much is that the major powers are hording as much Oil as they can because the great end game is about to begin. As soon as the Chinese Army, Russian Army, Japanese Army, and US Army begin the THIRD GREAT WORLD WAR we all will need as much petrol as possible to keep our tanks, planes, humvees, etc going for lengthy period of time.

This is the main reason I think that the Oil prices have risen. Whoever can keep there Tanks going wins............

Besides that, in this scenario it doesn't really matter at this point if our dollar is worth a damn. With the Saudis in our back pocket, and allowing them to bomb the towers, it gives us the upper hand because we made the deal of the century for our Oil. It already helped us in the First Gulf War but is also helped us in this "War against Terrorism".

If the Bilderberg/CFR players get there way, it will become a Nuclear War because the Chinese and Russians will have no choice and there goal will be achieved, WORLD POPULATION REDUCTION. The Russians will be able to use Irans Oil but if we beat them to it by instigating the War early by trying to destroy Irans Oil output it puts both the Chinese and the Russians at a disadvantage. We already did it with Iraq and they are doing all they can so we don't do it to Iran as well.



[edit on 11-7-2008 by hoochymama]

This shows to me a kind of paradox we are trapped in. Once the economy starts to fall, people get more desperate for their government to do something. So the government will use this and take advantage by going to war, because they know less people will protest when they are in financial trouble. Sadly, this war will only further hurt the economy by making oil prices sky rocket. The result will be people even more desperately looking to the government for help. In the end, the government gets people to totally depend on them for their livelihood, and thereby gets total control.

On a side note, I really appreciate your posts DimensionalDetective. You always have good research and insight into the situation.

The only good that can come of this is that most Americans will be forced to either walk, jog, or ride a bicycle, which is what we need to get rid of this obesity epidemic. For all others, they will either car pool, use the metro or bus, or find jobs that are closer to their homes. These too will help keep air pollution down.

Of course, the bad will trump the good, but in this world of melancholy, you can't always worry about the bad.

Well, if it helps to shut that monkey faced little leader of Iran up, then i'll gladly pay the price in oil. That dude is so idiotic and annoying its unbelievable.

reply to post by princeofpeace


Prince of Peace, is that an ironic name? Because from what I gathered of your post, peace seems to be the last thing on your mind. I would suggest that if you wish to defend an attack on Iran you give a better reason other than the very classy ones of "their leader is annoying and monkey faced".

All they have to do is even mention "IRAN" and oil goes up. That's the freaky thing about it.

Now they're testing missiles...

Sure, they say no war will happen, but what happens if somebody presses the wrong d*** button on that surface to air missile?!

If somebody screws up ONE TIME...

This is true, $10 or $20/gallon gas is entirely likely if we go off bombing Iran, or if Israel does (more likely right now).

Sadly "princeofpeace" and his ilk are perfectly happy to flush the entire US economy down the toilet in order to kill a few thousand/million Muslims. His less radical ideological cousins have been doing it for the last few years.

The one positive thing that might come of it is that if Israel attacks Iran and drives gas prices that high, we can expect US support for the crazies in Israel to end for good soon after.

We'll all be able to park our bicycles for a minute and cheer, when our tax subsidies to our greatest foreign policy liability finally end