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Originally Posted by elstatec
Quote:
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Originally Posted by c312
why have oil prices increased since the war if that was the sole reason? I mean, yeah, it's easy to jump on the bandwagon and shout "no blood for oil", it's quite convenient, true? not so much, but definately easy.
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http://www.ccc.nps.navy.mil/rsepResourc ... leEast.asp
sums it up pretty well, idiot.
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[quote:5e9d5]Credible forecasts of oil prices are difficult to make at this time only twelve days into the conflict. Clearly many yet unknown military and market events will play out in the coming days that would modify any forecast made at this time. Several impressionistic observations can be drawn however:[/quote:5e9d5]
stfu dumbass, read the article before you say something. It says that twelve days into the forecast the prices hadn't stopped their trend of dropping. if it was recent, it would show the prices spiking to nearly 3 times the price per barrel on the last date in their graphs. Haven't you been reading in the news about record oil prices per barrel?