Tuesday, May 2, 2006

Oil--The New Terrorist Attack

Iran minister: Oil likely to climb to $100 a barrel by Winter.

On the McLaughlin Group this past week, Pat Buccahnan predicted that it would hit $200 a barrel by Labor Day.

With enemies of the US holding back on production to drive up the cost it is not to difficult to conceive of this as an attack on the US economy. Like most wars, it is the poor who will suffer the most.