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Syria sends oil to 2-year high, $150 spike feared

28.08.2013 07:41

Oil has jumped to a two-year high and could see Brent spike as high as $150 per barrel as US and western allies move towards a military strike on Syria.

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Comments (15) Sort by: Highest rating Oldest first Newest first

 

Phill Reeder 02.09.2013 17:49

Push for free clean energy!
Oil is just a tool to pretend the economy needs these wars, the objective is the wars, not the oil, oil i s a tool!
The world is run by energy demand, and never enough supply, world unite, free energy is censored by these same lying governments and media corps, they are all part of the same power structure. Can't anyone see this?

 

Anatoly Panov 30.08.2013 20:49

I wonder if Obama's hand will be forced by vested interests who clamor for their pound of Arab flesh in a quid pro quo as payment for getting the US public debt limits raised yet again. Funny, but the MSM have been largely silent on the impending debt ceiling crunch. Officially, the US debt has remained at the ceiling for three months already, and the Treasury is running out of extraordinary funding measures. A failure to raise the debt limit promptly and without a hitch could expose the US to higher borrowing costs and trigger a fiscal spiral of death, as rollover risks increase.

 

Anon Wibble 30.08.2013 12:13

All Iran and Syria have to do is stop selling oil and do everything to block off the oil trade routes. The price of oil will rocket and USA will be defeated when their economy collapses, Syria and Iran don't even have to pick up a gun!

 

Colin Shorey 30.08.2013 05:10

Increase he price of oil an blame someone else.What a lovely war?

 

Em 29.08.2013 02:30

US intervention in Syria is really about preventing the sale of oil, by an OPEC nation (Iran) using currencies other than dollars. Syria is planning to facilitate the sale of Iranian gas via a pipeline running through Syria and Iran has been accepting currencies other than the dollar for oil. check the article on "petrodollars&q uot; at wikipedia, or google "Iranian oil brouse", for further info. If nations break free of dependence on the dollar (for purchasing OPEC oil) it will spell the end of America as an economic superpower.

 

Rod 28.08.2013 17:03

A big rise in oil prices has no effect on the crowd living inside the beltway in Washington D.C. Multi-national companies will be unaffected as well, but small business (wherever it is still alive) will certainly suffer along with regular Americans. Sad to say but the parents of American children will have to determine to not allow their children to serve in the U.S. military before the message to this class of elites who have no connection to common life get any message about their actions. This is akin to feudal Europe where the children of surfs are conscripted to fight in their Lord's army...how pitiful!

 

Alan 28.08.2013 16:37

Oil at $150 a barrel and David Rockefeller laughing all the way to the bank

 

Vince 28.08.2013 15:03

Ahh, so this is what it's all about, go to war to jack up the price of gas oil. I bet those petroleum companies are having big smiles on their faces right now.

 

Andras Erci 28.08.2013 14:53

Can somebody in laymen's words explain why attack Syria? Is it for punishment for using chemical weapons, even though that is over? I'm confused.

 

David Hilton 28.08.2013 14:17

So now we have the truth as to why the western establishment is so keen to drag us into another Middle Eastern war, one that inevitably will lead to Armageddon, money.
The greed of these thick skulled corrupt people is blinding them to the obvious truth that money is useless once Planet Earth is an incinerated nuclear wasteland.

 

james grant 28.08.2013 13:48

Someone's winning. Who said there are no winners in war. Just talk of war gives the 1% an excuse to squeeze the financial life out of their global servants.

 

Agnes Temesvari 28.08.2013 12:06


The disruption of oil delivery raising fuel prices could put the economy into a slide and cause problems in facing natural or other disasters if they occur. I am so glad, President Obama is considering the measure of US involvement wisely in the light of all the implications of military action.

 

Ian Cosmic Pagan Clark 28.08.2013 11:57

So THAT's the reason for going into Syria...not because its' government (ahem) used chems on its' (ahem) civvies,(even though apparently it was the west-funded rebels that used the chems). It's all about the oil...Wake up!!!

 

Freesaxon 28.08.2013 11:55

Those in `the know' have already made their profit out of this 3 months ago.

 

mike rotsch 28.08.2013 11:50

Another excuse to increase the cost of oil, and once again the governments will allow us to become used to the price hike and then there will be another price hike.
Highway robbery used to be punished by public
hanging !!

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