Friday, April 21, 2006

This is interesting to say the least... it renews my idea that this whole Iran nuke thing is a way to cash in on tension and raise the price of Oil.

“very good,” is the reaction of Iran' s President when told of sky rocketing Oil Prices-
"Iran’s Mehr News Agency reported, emphasizing the hawkish position of the world’s fourth largest oil exporter as crude prices have hit record levels. -“The increase of the oil price and growth of oil income is very good and we hope that the oil prices reach their real levels,” Mahmoud Ahmadinejad said as he toured an oil exhibition in Tehran, in the Report of the Iranian news agency based in Tehran. Earlier remarks suggest Ahmadinejad believes crude prices should rise above this week’s record high of over $74 a barrel.
He spoke of plastics and other by produicts of Oil that need to price factored or value added in.

Meanwhile - record prices for Gasoline in Beverly Hills - where reports say the Prices have reached over $4 a gallon.

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