Low Crude Prices - Cold War Flashback?

Re: Low Crude Prices - Cold War Flashback?

feeds@yuku.com (tinnerman) — Thu, 18 Sep 2008 12:01:13 GMT

Anybody happen to notice that early today the NYMEX crude price briefly broke $100, but was quickly beaten back? No way TPTB are going to let the nightly news report that crude broke the emotional $100 barrier again if they have the means to prevent it.

Re: Low Crude Prices - Cold War Flashback?

feeds@yuku.com (mb73) — Thu, 18 Sep 2008 10:58:43 GMT

If there is oil market manipulation going on, in a rational world it would most likely be a short term tactic aimed at the November election, rather than a long term neo-con strategy to take down Russia.

Ho! Ho! Ho! That T-man is full of biggies! A rational world? What's that? This world is getting more irrational by the day.

Re: Low Crude Prices - Cold War Flashback?

feeds@yuku.com (tinnerman) — Thu, 18 Sep 2008 09:35:06 GMT

If there is oil market manipulation going on, in a rational world it would most likely be a short term tactic aimed at the November election, rather than a long term neo-con strategy to take down Russia.

Plus or minus one or two years the world is already at peak of oil available on the world trade market. A short recession that dropped world demand by just a couple million barrels per day could very well disguise that peak capacity had been passed. But as soon as a sustained...

Re: Low Crude Prices - Cold War Flashback?

feeds@yuku.com (mb73) — Thu, 18 Sep 2008 08:49:24 GMT

Wouldn't know if falling oil prices are an attempt to derail Russia or not; very plausible, but falling oil also benefits the Republicans (theoretically), and we have enough evidence of hedge fund involvement to place blame more prosaically, but I have little doubt that there have been strenuous official efforts to break the commodity bull. Manipulation has been the name of the game for years; we are just now starting to realize it on a broad scale.

But falling oil prices will...

Re: Low Crude Prices - Cold War Flashback?

feeds@yuku.com (TxElectric) — Wed, 17 Sep 2008 15:34:54 GMT

sczech wrote:
Trying to collapse the Russian economy via financial manipulation of the oil price is very dangerous. Russia is a creditor nation - it does not need Dollars in order to pay Dollar denominated debts. In fact, Russia could afford to stop oil exports for a couple of days. Losing 10 million barrels of oil per day would reverse the oil price decline dramatically. In fact, I would not be surprised if Putin decides to go...

Re: Low Crude Prices - Cold War Flashback?

feeds@yuku.com (DeRonin) — Wed, 17 Sep 2008 06:53:22 GMT

Markets Post Record Single-Day Losses

http://www.themoscowtimes...article/600/42/370983.htm
17 September 2008By Tim Wall, Tai Adelaja /...

Re: Low Crude Prices - Cold War Flashback?

feeds@yuku.com (sczech) — Tue, 16 Sep 2008 22:49:21 GMT

Trying to collapse the Russian economy via financial manipulation of the oil price is very dangerous. Russia is a creditor nation - it does not need Dollars in order to pay Dollar denominated debts. In fact, Russia could afford to stop oil exports for a couple of days. Losing 10 million barrels of oil per day would reverse the oil price decline dramatically. In fact, I would not be surprised if Putin decides to go this route. That would make the present efforts of Paulson to save the US...

Re: Low Crude Prices - Cold War Flashback?

feeds@yuku.com (ricklakin) — Tue, 16 Sep 2008 22:45:50 GMT

retracted by author.

Re: Low Crude Prices - Cold War Flashback?

feeds@yuku.com (vainamoinen) — Tue, 16 Sep 2008 22:39:08 GMT

As I recall wasn't Kuwait's driving down the price of oil (at the probable behest of the USA) to squeeze Iraq financially after the Iraq/Iran war the reason for Saddam's invasion of Kuwait?

And did not the US emmisary to Iraq lead Saddam to believe the US would have a hands off policy if Saddam did invade.

Good analysis ricklakin - Ever thought about writing for the NY Times - their columnists haven't got a clue.

Re: Low Crude Prices - Cold War Flashback?

feeds@yuku.com (DeRonin) — Tue, 16 Sep 2008 18:26:20 GMT

I'm totally on board with this theory. W is a Ron Reagan wannabe. He's revived star wars via the whacky idea that we're gonna missle shield protect Europe. Hes tried to emulate Reagan's covert foreign policy. Supply side tax cuts. And the coup de gras would be hammering Russia and their economy the same way Ron did with a strategy to pound oil and energy prices lower. Thats a double payback. We'll pound Russia AND get a typical Bush family election year Fall oil price...

Low Crude Prices - Cold War Flashback?

feeds@yuku.com (ricklakin) — Tue, 16 Sep 2008 18:07:34 GMT

Warning: This post contains a proposed conspiracy theory.

Do you remember back in the 80s when President Ronald Reagan talked the Saudis into opening up the spigot full-blast, crashing the price of oil and bankrupting the Soviet Union? Many say that was the root cause of the end of the cold war.

Flash forward to the Summer of 2008. The Russians are again acting like the Evil Empire of old. They are threatening their neighbors with a renewed military. They are...