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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (3578)	1/21/2006 2:03:24 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 24213

Oil Prices Posted by Stuart Staniford on Fri Jan 20 at 5:46 PM EST Oil prices seem to be on a tear again. The nominal reason is anxiety over Iran and Nigeria. Certainly those are good enough reasons for oil prices to increase. But we can put the story in a larger context. The graph to the right shows the daily close in the price of West Texas Intermediate according to the EIA over the last few years. That provides the backdrop for the action in the last few days: theoildrum.com