res

I've never been to this forum but I had an idea to pass by you guys to see if anyone likes it, or not .


OPEC representatives have said that they don't know why prices are so high when they have upped their productivity in order to flood the market and in turn make oil cheap again. In spite of their efforts and them actually meeting the demand for oil prices are still going up.

The thing that helped to make things as they are now is Iranians switching from dollars to euros in their oil trade. Ever since then (february 2008) dollar has been losing it's value, rapidly.

But even the effect of Iranian policies is not strong enough to explain the continuous rise of prices. Most experts set real price to be around 60-70$ per barrel, a price that would not drain the world economy as it is doing now.

So, somebody is making this prices artificially high in order to cause mass hysteria and get rich in the process.

Could it be that people are being driven to madness in so that an attack on Iran would seem as a reasonable move?

I know I probably missed many things and if anyone has any opinions I would be glad to read it.

Fear is not the natural state of civilized people.

- Aung San Suu Kyii

The care of human life and happiness, and not their destruction, is the first and only object of good government.

- Thomas Jefferson

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Vitiate

It's a possibility however unless Israel actually occupied Iran, how would that decrease the cost of oil? the straight of hormuz would be threatened and Iran, being one of the top oil producers among OPEC, would certainly have to increase the price in oil in response to any damages it incurs to oil facilities/regions.

Many people would sooner die than think; In fact, they do so.
- Bertrand Russell