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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: kryptonic6 who wrote (235)4/3/2005 8:23:03 PM
From: AuBug  Read Replies (1) of 1183
 
What happens if bush attacks Iran and they close the Iran-China pipeline to made a global statement??? Iran could also scuttle ships in the Strait of Malaca and sink ships in the Strait of Hormuz. The price of oil could shoot over $100 in days and stay there a long time since it will take months to clean up after bush's mistakes.

World Oil Transit Chokepoints Country Analysis Brief
eia.doe.gov
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