Red-Hot Resources

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Monday, June 05, 2006

Why oil is headed higher this morning

Those gosh-darned Iranians, always driving up the price of oil with their crazy talk. You’d think they have a vested interest in higher or prices or someth--- hey!

Anyway, read the rest of the story by clicking on this link

I stick by my theory I put forth a few weeks ago that Iran and Venezuela take turns scaring the bejeezus out of the oil markets so they can reap the benefits of higher prices.
Check out my new gold and energy blog at MoneyAndMarkets.com