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Previously on "Is 2012 the year when Iran gets a rude awakening?"
Yep. Same reason why Maggie put all the miners out of work. She was really saving the coal for when it was worth its weight in gold.
Has anyone been following the COAL documentary on Sky - the trials and tribulations of opening up a coal seam from scratch in Virginia - CEO is ex IT company President
The oil companies need a high oil price partially US ones as it costs more drill in North America, there are hundreds of small inefficient oil companies. $10 a barrel would bankrupt them
Yep. Same reason why Maggie put all the miners out of work. She was really saving the coal for when it was worth its weight in gold.
more likely is that most of Iraq will join Iran and we'll all be shafted.
It would be easy for 'them' to claim it a holy war and have millions of islamists fighting their cause throughout the world.
Opening the gates of hell is a common phrase the islamic extremists use, but in this case I think they would be right. [hiding under bed emoticon]
[Hurry up peak oil, we need you to run out so the middle east can stop being the scary bogey man, instead being only feared by premier league club supporters. ]
Bush Jnr should have dealt with Iran instead of Iraq, make deal with Saddam to backup air power with his ground troups.
Oil would now be $10 per barrel if that happened.
The oil companies need a high oil price partially US ones as it costs more drill in North America, there are hundreds of small inefficient oil companies. $10 a barrel would bankrupt them
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