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Oil soars to $110 a barrel Suez Canal fears, trigger to WW3?? RT

 
Vic-chick13

User ID: 28753746
United States
08/17/2013 11:56 PM

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Re: Oil soars to $110 a barrel Suez Canal fears, trigger to WW3?? RT
3percent of the worlds oil supply goes through there which may not seem like a lot but it's enough to start a war over!
 Quoting: Truthserim


Heard on the news earlier that 20% of Canadas oil goes through there.
Anonymous Coward
User ID: 428255
Bulgaria
08/17/2013 11:56 PM
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Re: Oil soars to $110 a barrel Suez Canal fears, trigger to WW3?? RT
Still far too cheap.
 Quoting: Anonymous Coward 1399610


bsflagbsflagbsflag
TheOriginalMind

User ID: 41730741
United States
08/18/2013 12:07 AM
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Re: Oil soars to $110 a barrel Suez Canal fears, trigger to WW3?? RT
I wonder if Monday will be a bloodbath on Wall Street.
Anonymous Coward
User ID: 45108100
United States
08/18/2013 01:13 AM
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Re: Oil soars to $110 a barrel Suez Canal fears, trigger to WW3?? RT
[link to rt.com]



“Investors can’t ignore such a situation, as in the race for power the Suez Canal will be a weighty asset, the ownership of which will give a chance to one of the parties to come to terms with the outside. This is exactly the background against which oil prices are growing,” Aleksey Pukhaev wrote in an e-mail.


Traders are most concerned turmoil in Egypt could escalate to a level where protesters could feasibly disrupt oil and commodity shipping through the Suez Canal, situated about 125 kilometers east of Cairo.
 Quoting: Truthserim


No, nothing to do with a canal.

Goldman is long. Period.
 Quoting: Anonymous Coward 45108100


"You never let a good crisis go to waste" --Godfather
 Quoting: GFX guy


"Create a false crisis to make billions on your long oil position" - GS
Anonymous Coward
User ID: 15483798
United States
08/18/2013 01:19 AM
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Re: Oil soars to $110 a barrel Suez Canal fears, trigger to WW3?? RT
3percent of the worlds oil supply goes through there which may not seem like a lot but it's enough to start a war over!
 Quoting: Truthserim


There's more oil in Canada than in all of the Middle East.
 Quoting: Anonymous Coward 45261740


This....
pool
Netizen Ribbonmind

User ID: 38052225
United States
08/18/2013 01:39 AM

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Re: Oil soars to $110 a barrel Suez Canal fears, trigger to WW3?? RT
So who's getting that profit margin?
"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

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Anonymous Coward
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Australia
08/18/2013 01:57 AM
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Re: Oil soars to $110 a barrel Suez Canal fears, trigger to WW3?? RT
I wonder if Monday will be a bloodbath on Wall Street.
 Quoting: TheOriginalMind


Why? Just because RT is spewing their usual commie propaganda?
deathpossum

User ID: 24013362
United States
08/18/2013 02:33 AM
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Re: Oil soars to $110 a barrel Suez Canal fears, trigger to WW3?? RT
England should have never gave up the canal in the first place.

They should take it back.


England should control the sea gates.
 Quoting: American Herald


That's a laugh...they can't even protect their property in the Faulklands.
"Never attribute to stupidity what can easily be explained by ignorance."
- Robert A. Heinlein c.1941

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