Saturday, January 28, 2006


On CNN, a reknowned investment specialist, Bill Browder of Hermitage Capital, has forecast estimates on oil prices for six world crisis scenarios :
$ 79 per barrel - Unrest And Violence In Nigeria
$ 88 per barrel - Resistance In Iraq Repeatedly Hits Major Infrastructure
$ 98 per barrel - Civil War In Nigeria
$111 per barrel - Venezueala's Hugo Chavez Cuts Oil Supply
$131 per barrel - Iran Under War Cuts Oil Supply
$262 per barrel - The House Of Saud Falls
In the same story on CNN Money, George Soros said the following :
"U.S. power and influence has declined precipitously because of Iraq and the war on terror and that creates an incentive for anyone who wants to make trouble to go ahead and make it. Iran is on a collision course and I have a difficulty seeing how such a collision can be avoided..."
In early 2004, oil prices rose and fell and then settled around $40 per barrel.

Osama Bin Laden has stated at least twice in the past two years that oil should be $100 per barrel and that the US should cut its consumption of some ten million barrels a day.

If oil was $40 two years ago, and now it's well over $65, who is winning The War?