03-02-2011, 04:33 PM
There is a lot of potenial for things taking the next step towards the 150 and beyond mark.
The first would be if Libya strats to destroy its own wells (and blame Al Quida or the US). We all know that this guy is capable and no matter what he say's, willing.
The second would be the same type of activity hitting the Saudi's or Iran. Keep in mind that the ruling parties of both countries are not liked by the majority of the populace.
The third of course is if all this unrest turns into some sort of a Middle East war, ie some asshole starts throwing scuds at Israel, or Israel does something original like bomb one of Iran's Nuke plants.
And then you have the greedy little Exon's and Koch's in the world that likes to shut down refineries in the middle of peak season. This wont impact oil price but it will impact the pump price. My bet is this will happen this year again and we will be shocked and amazed.
The first would be if Libya strats to destroy its own wells (and blame Al Quida or the US). We all know that this guy is capable and no matter what he say's, willing.
The second would be the same type of activity hitting the Saudi's or Iran. Keep in mind that the ruling parties of both countries are not liked by the majority of the populace.
The third of course is if all this unrest turns into some sort of a Middle East war, ie some asshole starts throwing scuds at Israel, or Israel does something original like bomb one of Iran's Nuke plants.
And then you have the greedy little Exon's and Koch's in the world that likes to shut down refineries in the middle of peak season. This wont impact oil price but it will impact the pump price. My bet is this will happen this year again and we will be shocked and amazed.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi
