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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (64336)1/4/2003 2:49:28 AM
From: Bilow  Read Replies (2) | Respond to of 281500
 
Hi teevee; Re the price of oil and war. Interestingly, oil hardly moved up back in November when the UN voted for Resolution 1441, etc:


        Brent   WTI
Nov  4  25.72  26.98
Nov  5  24.57  26.13
Nov  6  23.86  25.78
Nov  7  24.08  25.38
Nov  8  24.08  25.78
Nov 11  23.94  25.93
Nov 12  23.79  25.88
Nov 13  22.60  25.15
Nov 14  22.51  25.28
Nov 15  22.51  25.53

eia.doe.gov

The UN vote was late on November 8th. Iraq's rubber stamp parliament voted against accepting on the 12th, and Saddam accepted anyway on the 14th. But oil hardly moved.

-- Carl



To: teevee who wrote (64336)1/4/2003 3:50:30 AM
From: david  Read Replies (1) | Respond to of 281500
 
Hi Teevee.. remember me??

What you say is very logical on the price side, but I don't think Bush would risk the oil flow from Venezuela, and in fact he didn't , that's why the Venezuelan opposition is asking him to stop being ambiguous and take a stand, the best option for a fast, sure and standing in time, return to normal oil flow from Venezuela is a pro USA Democracy.


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