Phoenix Associates Land Syndicate (fka PBLSQ)

[johnthebeachbum]

Big oil companies must have anticipated this thing in Georgia. Wouldn’t they at least consider domestic energy companies as a back-up plan? Not to mention the real possibility that if Obama wins the election he would further restrict new oil leases in the US, making existing leases a lot more valuable.
Nobody talks about it much, but the Russians pretty much threatened the US oil interests in the Middle East by marching into Georgia. If they had taken a left turn on Albuquerque, they would have marched right into the Tbilisi Air base.
The Tbilisi Air Base provides US air support for operations in Afghanistan and Iraq.
What the Russians did was equivalent to lighting a bag of dog doo-doo on fire, dropping it on the front porch and then ringing the doorbell.
I saw on the news that the Russians went right by the Tblisi International Airport during their withdraw. I think this airport was integrated into the Airbase because it has the longest runway in the area.
If there is the threat of another conflict in the Middle East, oil prices could spike even higher than they did a few weeks ago.
As long as we still have producing wells pumping, and there is doubt about Middle East oil production, there is potential for some money to be made here.