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To: Wyätt Gwyön who wrote (14706)5/30/2004 3:42:02 AM
From: jimsioi  Read Replies (1) | Respond to of 110194
 
Saudi Arabia...this is getting serious...

From Darffot's post:

"The attack occurred two days after a top al Qaeda leader, Abdulaziz al-Muqrin, issued plans for urban guerrilla warfare in the kingdom designed to topple the royal family."

"This is close to the nerve center of the Saudi oil industry," said analyst Yasser Elguindi, of Medley Global Advisers in New York. "It could have a devastating impact on the oil market when we reopen (on Tuesday)."

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Don't worry there's already a $5-10 fear premium built into Crude which should handle this...plenty of oil....no problem....