> RoMunn wrote: > The irony is that bin Laden didn't have to do anything to get oil to > $140/barrel. Demand from Asia has done that.
There are 4 things here: futures market (cost of oil), supply, demand, refining capacity (1.) futures market - Bin Laden has had a disastrous effect here if you attribute any of the shaky middle east situation to him (I would say most of it right now is directly because of him). (2.) Supply. Unfortunately the Saudis have the largest impact here and their thumbing of the nose at Bush - almost blatantly telling him to publicly fuck off - shows the utter failure of 12 years of Bush family policies and one of the top marks of Bush failure. (3.) Asia & India. Which is almost totally irrelevant because there is plenty of oil for them and us. i.e., there is plenty of supply for the demand if the suppliers supplied. But they don't because they enjoy - as we all should - kicking Bush the moron in the nuts. (4.) Refining capacity. Let's add it all up: Bush fuck up + Bush fuck up + Asian demand + Bush fuck up = $150/barrel. So there ye be. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:263427 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
