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Thursday, July 10, 2008

MORE WAR TODAY? HIGHER OIL TOMORROW!

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BUSHCO, ISRAELI'S, AYATOLLAH'S BUMP-UP PRICE OF OIL ON A BLUFF(?)

LET'S HOPE THEY'RE BLUFFING!

United States Allows Israeli Warplanes Onto U.S. Iraq Airbases "Five Minutes From Iran"

Everybody keeps saying they're all bluffing. Reports say the Iranians are years from producing nuclear weapons. Their recent missile-tests were a failure. Israel is in no danger. The U.S. has guaranteed her security, repeatedly and belligerently. Iran says they don't want trouble, but they will stop all Gulf oil from flowing if they are attacked. Oil prices jumped on this news, after falling earlier.

Americans are suffering at the gas pump, and in the grocery stores as the price of everything skyrockets due to energy costs. The U.S. economy is tanking and taking the world economy with it. U.S. unemployment and inflation are up, exports and the dollar are down. It's all about oil, but there is no actual shortage of supply. Prices are being pumped up by fear and speculation that supplies might be cut off. But that is all coming out of the White House, which is engineering this crisis. Why?

It doesn't make sense for a sitting President to be whacking his own economy in the middle of a tough election campaign. It does make sense for an international oil exec, though. Conclusion: We have an international oil exec as Commander-In-Chief. Bush & Co are Oilco moles who have taken over the U.S. government for the benefit of Big Oil. Bush is a traitor, an agent for foreign economic interests. Does the Iraq War, and the possible Iran War begin to make any sense, now? Still think it's not about oil? No blood for oil? What's that stuff coming out of our troops wounds, then?

(Background: "THE PRICE OF TEA IN CHINA, THE PRICE OF GAS IN IOWA".)


[Cross-posted at: Democracy For California".]


HERE'S HOW IT PLAYS OUT:


INTERNATIONAL MIDDLE-EAST MEDIA CENTER
"Massive Israeli military exercise seen as provocation to Iran"
' US officials dismissed the exercise as “sabre-rattling”, and said Israel is not likely to bomb Iran without US permission. "If the Israelis were serious about it, no one would know about it until after it has happened," said the official, adding that the Pentagon knew that Israeli forces "have been conducting some large-scale exercises - they live in a tough neighborhood".
'

AFP
"US plays down fears of war with Iran"
' But Under Secretary of State Williams played down any imminent dangers from Iran's uranium enrichment despite fears among world powers fear the sensitive nuclear program could be used to make a nuclear weapon.
"While Iran seeks to create the perception of advancement of its nuclear program, real progress has been more modest," he told Congressional hearings on the "strategic challenge posed by Iran." '

CNN
"Reports: Iran test-fires more missiles"
' The Shahab-3 has a range of about 2,000 km, putting all of Israel, Turkey, Pakistan and the Arabian peninsula within striking distance. From Iran the missile's reach extends from southern Russia to the Horn of Africa, from south-eastern Europe to Nepal. '

THE GUARDIAN
"US will not hesitate to defend Israel, Rice warns Tehran"
' Oil prices resumed climbing yesterday as Opec said it would not be able to replace any shortfalls if Iran were attacked and took its crude supplies off the market. '

CHINA VIEW
"News Analysis: Tensions mount in Mideast as Iran test-fires missiles"
' Iran's missile tests also lend U.S. an excuse of persuading other countries such as Russia the necessity of expanding its missile defense system in Europe. '

AGI NEWS
"IRAN'S BLUFF: PHOTOS OF MISSILE TESTS RE-TOUCHED"
' The trick was spotted by Mark Fitzpatrick, analyst at London's Institute of Strategic Studies (IISS), according to whom Teheran wanted to "disguise the malfunction of one of the missiles" Bearing in mind that the objective of Teheran's missile test "is to send a signal of strength (to the international community) Iran exaggerated its capacities by fiddling the photo", Fitzpatrick explained. '

THE INDEPENDENT
"Israel hints at pre-emptive attack on Iran"
' Most analysts believe that for all bellicose talk, a pre-emptive attack, by the US at least, is most unlikely. "Everyone recognises what the consequences of a conflict would be," the Defence Secretary Robert Gates warned, among them possible closure of the oil lifeline through the Strait of Hormuz, the risk of generalised war in the Middle East and immense new strains on the fragile global economy. '

THE TIMES OF LONDON
"Iran and Israel build up their bluffing game"
' In short this would be in effect a joint US-Israeli mission. The catch is that Washington has no intention of joining in any attack any time soon. '

ISRAEL TODAY
"Israeli warplanes taking up position in Iraq?"
' If Israel ultimately decides to launch a aerial strike against Iran's main uranium enrichment facility, taking off from Hadita would cut the flight time to the target down to about five minutes. '

BLOOMBERG
"Crude Oil Rises to Record on Speculation Israel May Attack Iran"
' ``We are now in uncharted territory here with the Iranian situation,'' Tom James, head of commodities trading at Liquid Capital Markets Ltd., said in a phone interview ``People are just too scared to sell.'' '

GLOBAL RESEARCH
"Is There an Oil Shortage?"
' Contrary to the claims of the champions of war and militarism, of the Wall Street speculators in energy markets, and of the proponents of Peak Oil, the current oil price shocks are caused largely by the destabilizing wars and political turbulences in the Middle East. These include not only the raging wars in Iraq and Afghanistan, but also the danger of a looming war against Iran that would threaten the flow of oil out of Persian Gulf through the Strait of Hormuz. '

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