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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (48867)6/5/2005 10:34:25 AM
From: Wayners  Respond to of 173976
 
I agree about the assymmetric part, but disagree Iran would be successfull for more than part of day in closing the straits of Hormuz. Iran couldn't close the strait assymetrically.



To: Rarebird who wrote (48867)6/5/2005 5:53:44 PM
From: geode00  Respond to of 173976
 
I don't think Iran would have to do anything to the Straits, just the fear would spike oil prices. If I remember correctly, we have to hit about $80bbl in order to match past peak prices in real terms.

Goldman Sachs thinks that $100bbl oil is possible (probable?).

Egads. Get out the bike and the running shoes.


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