Foreign Correspondence

[CoalTrain]

More realistic -- and therefore more chilling -- would be the scenario where Iran declares an oil embargo a la OPEC in 1973, which Browder thinks could cause oil to double to $131 a barrel. Other outcomes include an embargo by Venezuelan strongman Hugo Chavez ($111 a barrel), civil war in Nigeria ($98 a barrel), unrest and violence in Algeria ($79 a barrel) and major attacks on infrastructure by the insurgency in Iraq ($88 a barrel). /
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HMmmmmMMmmm....... an embargo against the West but not against CHina and RUssia? That would be most interesting AND it would have an interesting effect the other oil embargos never had. Since CHina is taking away market share from the U.S. on almost all fronts every day , it would accelerate that changing of market share if our production dropped AND it would also let the world know who was the new big dog on the block and the U.S. would lose market share due to loss of confidence. Thoose brilliant Bushies! And even more brilliant those fools who believe in them!! James BonD te killah!!!