Monday, April 17, 2006

FINANCIAL EXPERT SAYS DIPLOMACY COULD LOWER PRICE OF OIL

So why does Bush keep saber-rattling against Iran, who won't be able to produce a nuclear weapon for at least 10 years? See who's getting hurt by his unnecessary drumbeat? You and me? See who's getting helped by his unnecessary drumbeat? The oil companies, of course

According to a guy quoted in this article, Bush has the power to bring down the price of oil and spare us all:

ABN Amro broker Lee Fader said the trigger for Monday's rally was "heightened
fear about military action" against Iran, which has said it would go ahead with
plans to enrich uranium, defying the United States, Europe and United Nations nuclear experts. Iran says its nuclear ambitions are peaceful, but the West fears the country is intent on arming itself with nuclear weapons.

"If somehow this got resolved diplomatically," Fader said, "that
would definitely take a few dollars off" the price of crude oil.
But you know that ain't gonna happen...because Bush is a corporation indebted to corporations...

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