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Middle East

JCMach1

(28,617 posts)

2. Press TV last week gave a report of a burning Saudi pipeline (falst by the way)

Reply to Douglas Carpenter (Reply #1)

Mon Mar 5, 2012, 03:06 AM

Mar 2012

and the price of oil spiked 15-20$.

Speculators are completely driving the market now.

Think about it... it's a win/win scenario for them.

If war starts - CHECK, profits.
If demand surges from economic recovery- CHECK, profits.

The only downside is if the economy crashes.

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Highlight:

Oil windfall boosts Gulf spending [View all] JCMach1 Feb 2012 OP

fear of war in the Gulf is - in a very narrow economic sense - in the Gulf State's best interest Douglas Carpenter Mar 2012 #1

Press TV last week gave a report of a burning Saudi pipeline (falst by the way) JCMach1 Mar 2012 #2

Hehe... ellisonz Mar 2012 #3