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Politics : View from the Center and Left

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To: TimF who wrote (71317)	6/9/2008 9:22:34 PM
From: Sam	Read Replies (1) of 543200

OPEC President Chakib Khelil said that had it not been for the weak dollar, political tensions and speculation, oil prices would probably be around $70 a barrel. “In terms of fundamentals, there is no problem of supply and demand. There is much more a bubble due to speculation, which is based on a depreciating dollar and geopolitical tensions,” Khelil said yesterday. arabnews.com

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