random memes }

Oil wars?

The chaos in the world oil markets and the resulting record high prices must be extremely profitable for some. If you are an oil producer and your production is unaffected, you are now accumulating an enormous extra pool of cash. Clearly it is in your interest for prices to stay high. Funding a bit of chaos in other oil-producing regions could prove highly profitable.

Reading the news, I have to wonder if this has already begun. Perhaps that is part of the troubles in Iraq? Other oil-producing outfits/countries have interest in seeing oil production in Iraq kept limited. Funding terrorists is relatively cheap compared to the profits brought in by high oil prices.

Welcome to the Oil Wars?