Oil hits record on Israel-Iran tensions »
Posted by: STONERS 2 months agoOil rose more than $3 a barrel on Monday to a new record above $143, propelled by heightened market fears of conflict between Israel and Iran over Tehran's nuclear program.
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Cityslicker2 months ago
Dude , do you want Oil to go up , I mean isn't fear the thing driving the prices right now , that and greed ?
Reminds me of the days when people would Streak because it would get them on the News , they stopped reporting Streakers and they stopped , get it .
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1-2-Oscar2 months ago
Do you think that oil prices would return to more modest levels if our media simply quit "reporting" them?
Officer, you'd better see what that man's smoking!
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STONERS2 months ago
Are you nuts? I pay the high prices just like everyone else. They arent going away as long as the war mongers are in office...So direct your anger towards those that can make a difference. Next!!!!
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mesodude2 months ago
"Dude , do you want Oil to go up , I mean isn't fear the thing driving the prices right now , that and greed ?"
--Hehehe...I can't help but reflect on those days some years back (when we were getting at least semi-regular coverage of Iraq ) when Bushco and right wingers would come out swinging at the "liberal media" for daring to report the increasing number of deaths and car bombings in Iraq (and not all the fun times and merriment that must have been going on right under reporters' noses).
I can think of at least three reasons why Bush and Cheney aren't making any attempts to put a lid on things. Bush and Cheney's stock portfolios are the first two. The other one is that Republicans might be deluding themselves that voters will take out their frustrations on Democrats in Nov (and not just Republicans who are the ones who should be getting it with both barrels). I hope for right wingers' sake, that's not what they're doing. Or not...
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1-2-Oscar2 months ago
This is just one more way that our blind support of Zionism costs us dearly. We pay more at the gasoline pump and we pay more for groceries and for every other product we consume. We are forced to spend billions for our own security. We are committed to provide at least $30 billion in MILITARY aid to Israel over the next decade, and we provide additional billions in economic assistance. Israeli companies. operating beyond the reach of US courts, undercut American businesses and cost us jobs, which we then subsidize with foreign economic aid.
There are some decent people in Israel, and we wish them well, but their government does not act in the interests of the people of the United States in any way, and we should quit pretending they are (A) our friends, and (B) our valuable allies.
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1-2-Oscar2 months ago
First, as a member of the NCCJ for more than four decades, I think you will have a difficult time demonstrating that I am an anti-semite. Second, as a tenured professor of history at a major university, I think that you will have a difficult time showing that I have not studied. Third, as a co-founder of the nation's largest annual conference on civil rights, I think that you will have trouble getting people to believe that NOW (by your lights ) I am bigoted.
Incidentally, I notice that you have not attempted to refute a single one of the statements I made above. I do not think that you can effectively do so.
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Cityslicker2 months ago
Seriously , I see the Stock Market News just like everyone else , no need to rub salt in the wound of America by reporting what , God forbid you don't know , everyone can see and feel .
No anger , just think it is redundant and condescending to report something everyone already knows .
I smoke only the best , grown by masters !
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canadianrancher572 months ago
1-2-Oscar- I feel that there are more than a few good people in Israel, I feel that it is likely a majority of the population but like most countries in the world very seldom does the government represent the people. I don't know why it is but it seems that we elect people who are subject to paranoia, or maybe they just become that way after we elect them. If one polled the general population of Iran and Israel I doubt if the majority would what war.
As for your statement on your governments foreign policy toward Israel and the mid east in general it has been flawed for many years and is part of the reason for much of the anti American feeling through out the world.
I hope this statement does not make me an Antisemite, but when a country such as the US. is viewed as a world police force it cannot show favortism because if it does it causes resentment.
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1-2-Oscar2 months ago
At no time did I say, suggest, or imply that there are only a few "good people" in Israel. I agree that MOST of the people there are good, just as MOST of the people in Iran are good, MOST of the people in China are good, and MOST of the people in the United States are good and decent people.
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antibrainwasher2 months ago
Well, CR, where are the jewish dissenting voices screaming in protest as to what the hard right AIPAC and AEI are doing in their name?
Its bullsh*t. When Hagee, the christian rapurist, was giving 30 million to Israel saying the holacaust was gods will, where was the outrage? Did they return the money?
Left or right, its Israeli zionist first, american second. Just ask Lieberman.
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antibrainwasher2 months ago
Seymour Hersh just interviewed with Terry Gross of NPR, promoting his book about Bushes sponsorship of a terrorist group in Iraq to invade Iran and attack Iranians.
400 million dollars was approved so that cheney could carry out and run terrorist operations subverting and stirring up heat in Iran, so that eventually, in october or november, the american zionist media can report on Iranian aggression and the american military can carryout an extensive bombing campaign which they have already rehearsed. Cheney will not let Israel do it, because they don't have the firepower, and America will get blamed for it anyway.
F*ck Israel. Cheney is literally running his own secret operations in Iran right now. Oil, neocon zionists and christian zionist crusaders, what an axis of evil. Watch for the october suprise. OCTOBER SUPRISE, or noverber, after Obama is elected.
These people are murders, using americans like cannon fodder, and we get the blame for murdering 500,000 muslims.
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antibrainwasher2 months ago
the pathetic thing, is that congress APPROVED the money, and the military, who oppose it, haven't said a thing, no military officer has the patriotism or cajones to risk his career to fight this. The commander of operations in Iraq and Iran and Afganistan was fired for wanting to know what cheney was doing.
The group conducting raids into Iran, is on the list of official terrorist organizations. They have been trained by the USA, in some cases in america. Cheney has been giving them millions.
The democrats in congress have done nothing to stop this. They know about it, and are doing nothing.
Cheney is running a secret terrorist war against Iran, trying to foment action so he can bomb their military, not just one bomb, another shock and awe invasion. Especially if Obama is elected, Look for the October or November invasion, with a media propanda campaign leading up to it.
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bonaroo2 months ago
Anyone who is paying attention to the news can see whats going on. As the Oil deals get closer to being signed, decenting ministers are being taken out. A member of Al Maliki's own family was killed today. This is the face of American Imperialism. If Israel, tries to take out Iran's nuclear facilities with a surgical strike then we are in wwwIII and they better hope that all of their fancy gadgets work.
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hyperbola2 months ago
Did Nazi Germany have the right to exist?
Why should a zionist state that replicates nazi ideology (a "master race", "subhumans", "living space for the master race" and "ethnic cleansing / genocide for the subhumans") have a right to exist?
Here is an israeli jew that understands the basic precepts of american democracy much better than you do.
Why Israel Has No "Right to Exist" as a Jewish State
Religion â;; The Annapolis meeting is a con. We should say loud and clear that Israel has no right to exist as a Jewish state. To claim such a right to be racist must come from a being whose victim's face must hide very dark primordial aggression and hatred of all others.
http://religion.propeller.com/story/2007/11/21/...
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antibrainwasher2 months ago
And Iran doesn't? Iran exited thousands of years before the age of christianity.
Israel has the same right to exist as any country, or are you suggesting that God ordained the tribe of jews to create a DNA pure country in the middle east, to prepare the way for a christian rapture?
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slate2 months ago
LOL I got the Jew haters all mad now,,,,,
Nazi Germany deserved to be smacked about,,,, Israel deserves to be protected,,,, does that clear it up for you Hyper and brain,,,,,
The Nazis were trying to creat a pure race, I find it stupid of you to suggest that the Jews are doing what they had done to them,,,,, I think the little ball with an 8 that you shake to get answers to your life questions needs to be taken back ,,,,, Tyco gives rebates when their toys don't work.
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jmopinion2 months ago
Just about every one of these analysts on these financial news channels are pumping oil and gas and coal and anything energy every day. No wonder oil does not go down.
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Tcaros2 months ago
The oil executives can all buy new yachts this summer, while Ameircans are boiling angry with this Republican party (GOP = grand oil party).
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canadianrancher572 months ago
I have traded futures at different times in my life and because these markets move alot on rumor it seems when a market is hot as is the oil market right now it seems that every hip-up in the industry gets front page attention. Those who make their living by writing stories for new wires are busy putting out as much news as possible right now as the high price of oil is affecting nearly everyone. Only a few months ago alot of stories about the move in gold had similair themes as todays oil stories.
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mompro2 months ago
Unfortunately there are too many pension funds tied up in it and so the energy commission doesn't want to cripple those funds. One member of the panel suggested giving them 30 days to re-invest somewhere else. He said that would give them plenty of time and then the government can take action closing all the loopholes that have allowed the speculating to be done in such an irresponsible fashion because of loopholes for those companies. They want to limit the amount of investing done on speculative, not actual physical product. Hope I said all that right.
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hefaa12 months ago
Everyday or so I go to the Netscape webpage, everyday or so I read "Oil Hits Record High." The price of gas is not stabilizing. That's what's annoying. I'm learning how to ride my kids skateboard so I can get to work.
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kumarx472 months ago
When the food crisis erupted Bush blamed neo-rich Chinese and Indians for eating too much. When the financial crisis erupted American banks were blamed for lending recklessly to sub-prime segments. The oil crisis has been developing over a long time, driven mainly by wasteful use all over the world. Also there is something inherently wasteful in the very process of oil exploration, exploitation and production which involves flaring, in other words, deliberate burning of gas. A war in the Middle East is bound to lead to more waste of oil -- just recall how oil wells were set on fire when Kuwait was invaded.
Much of the current oil spike seems to be driven by fear -- fear of further price hikes because of an imminent attack by Israel on Iran.
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tiredofwhiners2 months ago
Iran cannot be allowed to develop nuclear weapons. Israel and the whole middle east knows this and fears it happening. I don't think I have to enumerate why here. Israel likely will strike at some point as they did in Syria. The U.S. may help in this and if Obama is elected it will happen before he is inaugurated because everyone knows he won't do anything like that. Deep penetrating bunker busters will inflict significant damage on Iran's nuke facilities. The commodities markets in oil is anticipating this happening and is assuming oil flow will stop for a while from Iran. But without oil Iran is dead meat financially and won't allow the oil flow to stop for long. If the U.S. goes ahead and starts to develop its offshore oil and ANWR in Alaska, there will be more reason for oil to come down. I would short oil late this year but I'm not a commodities trader. I see the bombing occurring within 5 months.
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tiredofwhiners2 months ago
That's what Iran's opinion is. Not going to happen. Why can't we just all get along?
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mompro2 months ago
I don't think oil driven extremists will ever play nice. If we suddenly turn our need for oil somewhere else, they will bomb people for trying to starve them their one and only commodity to support their nation. Playing nice is not how these countries get what they want. They will just use threats to get us and other countries needing oil, back in their pocket.
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hyperbola2 months ago
Well, I see in the news today that bushie is now close to getting US oil companies the right to steal Iraqi oil under conditions that will cost Iraqis hundreds of billions of dollars.
Pretty much the same picture as when the Brits did the same to Iraqis in the 1920s. The methods are also the same: (a) war crimes (gassing of Iraqis in the 1920s and indiscriminate bombing of cities now), and (b) dsivide and conquer (split Kuwait off from Iraq in the 1920s and split the Kurds off now).
Are you surprised that Iraqis don't want us there? Are you surprised that we are inundated with propaganda to keep the war crimes going?
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hyperbola2 months ago
The Urge to Surge in Iraq
Politics â;; Skip the "good news" part. The "improvement" represents divide and conquer in a colonial fashion; it's barely held together by baling wire and reliant on the destruction of ever more Iraqi neighborhoods. This cannot end well. Not for Washington. Not for the U.S. military. Not for Americans. And, above all, not for Iraqis.
http://politics.propeller.com/story/2008/06/30/...
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thoughtforsale2 months ago
The struggle for oil does not only concern Israel and Iran, it touches the hole Middle-East directly, and indirectly every country that is dependent on this fuel. What we saw when Russia made political use of his monopoly on natural gas could become cruel reality for the oil reserves, too: Who owns the stuff, has the power! But on the other hand, forcing the OPEC to produce more oil is just a short-term solution. I am sure that for those countries which built their wealth on oil, the future will be defined by their attitude to and their engagement in renewable energies.
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Cityslicker2 months ago
Reporting this made Oil prices plunge !
And has for the last two years that redundant stories have been running , what is happening in Iraq ?
Two years ago the news was flooded with stories of how many soldiers where dieing and all of a sudden nothing .
Look over here , something shinny .
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antibrainwasher2 months ago
Look for the october suprise. Cheney is paying a tribe of Iranian terrorists, now living in Iraq, to run terrorist bombing operations in Iran. INCREDIBLE.
The congress of the united states APROVED 400 million dollars to finance this. The terrorists, on the offical USA list of terrorists, are being trained in america by the military, and are being supplied with weapons by the good old usa.
Cheney is trying to stir up a responce, which he'll use to order a huge bombing campaign, against Iranian military, wave after wave, ground assults, thousands of bombing runs against radar, anti aircraft, and the hundreds of bombs for every underground target.
If Obama is elected, look for the november suprise. If Mr. military is elected, he is expected to carry it out. They won't let Israel do it, they don't have the fire power.
Look for Semour Hersh's book on the subject, he has multible insider military contacts, senior level.
Admiral Falon was fired for objecting.
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mmrhe2 months ago
You're a fugguing idiot whiners...
How bout you lead the charge? I'll bet we'll hear some whining then!
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