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Liberated Iraq calls on Arab states to use oil as 'weapon' against U.S.

Published November 16, 2012
FoxNews.com
A top Iraqi diplomat urged Arab states to “use the weapon of oil” against the United States because of its alliance with Israel, raising more questions about the Middle Eastern nation's allegiance to the nation that freed it from a ruthless dictatorship.
The shocking statement from a democratic government in power only after the U.S. and allies ousted murderous dictator Saddam Hussein in a costly and bloody war laid bare the Middle Eastern nation’s true allegiance.
"Iraq will invite (Arab) ministers to use the weapon of oil, with the aim of asserting real pressure on the United States and whoever stands with Israel," Qais al-Azzawy told reporters in Cairo on Friday.

"The economic weapon is the strongest one to be put into effect now, to assure of standing by the Palestinian people, in light of there being no military power that can stand in the face of Israel at the present time,” he added.​
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Read more: Liberated Iraq calls on Arab states to use oil as 'weapon' against U.S. | Fox News
 
I guess it all depends on whether or not you consider Fox news to be a reliable news source, or not.

The Jerusulam Post says he didn't mean it.
Iraq envoy backtracks on Arab action again... JPost - Middle East

And the Daily News of India is reporting that Reuters, who originally printed the story, is now back-tracking, and saying that the Iraqi envoy claims now he never said that.

Iraq envoy says won't propose Arab action vs Israel over Gaza - World - DNA

But that's not as much fun and shocking of a story is Fox News would make up, now is it?
 
Gas jumped $.13 overnight for no G-D good reason, other than to screw and rape the motorists traveling this Holiday....


PS..Nice video Norm
 
Buster said:
Gas jumped $.13 overnight for no G-D good reason, other than to screw and rape the motorists traveling this Holiday....


PS..Nice video Norm
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Yeah jumped up about 8 to 10 cents a gallon in Boiled Peanut, must be Israel/Gaza thing, but the dollar has been down this week could be that? Crude inventories due tomorrow. Hell I don't know!:D
 
Crude Jumps 2.7% as Middle East Simmers
by Dow Jones Newswires
Monday, November 19, 2012
Jerry A. DiColo

Crude-oil futures jumped 2.7% Monday after fighting between Israel and Palestinian militants intensified, raising the threat of a broader conflict in the oil-rich Middle East.
Israeli airstrikes Monday hit crowded areas of the Gaza Strip, targeting the homes of Hamas activists and raising the Palestinian death toll to more than 90. Meanwhile, Hamas fighters fired dozens more rockets at Israel.
Thousands of Israeli troops are gathering on the Gazan border in preparation for a ground invasion even as regional leaders tried to broker a ceasefire.
Oil traders are watching the situation closely, concerned Egypt or other nations could be drawn into the fighting, leading to a disruption of crude-oil shipments through ports and pipelines.
"Nobody knows if there will be a ceasefire. Nobody wants a war, but nobody seems to know how to stop it," said Phil Flynn, an energy analyst at Price Futures Group. "If it does spread, that would be a concern" for oil markets.
RIGZONE - Crude Jumps 2.7% as Middle East Simmers
 
[TABLE="class: tablewrapper"]
[TR]
[TD="class: econo-reportname, colspan: 2"]EIA Petroleum Status Report
[/TD]
[/TR]
[TR]
[TD="colspan: 2"]

[TABLE="class: actual_consensus_box"]
[TR="class: actual_consensus_toprow"]
[TD]		Prior
Actual
Crude oil inventories (weekly change)
Gasoline (weekly change)
Distillates (weekly change)

[TD="class: econo-releaseinfo"]Released On 11/21/2012 10:30:00 AM For wk11/16, 2012
[/TD]

[TD="class: actual_consensus_box_numbers"]1.1 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] -1.5 M barrels
[/TD]

[TD="class: actual_consensus_box_numbers"]-0.4 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] -1.5 M barrels
[/TD]

[TD="class: actual_consensus_box_numbers"]-2.5 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] -2.7 M barrels
[/TD]
Economic Calendar - Bloomberg
[/TD]
[/TR]
[/TABLE]
Oil and Gas prices should go to the upside.:suspicious:
[/TD]
[/TR]
[/TABLE]
 
The dirty rotton greedy oil company bastards are still trying to squeeze ever drop of blood out of the turnip...the gas went up another $.06 again overnight..that makes a $.19 increase in two days....WTF? Thats what you call; hiway robbery.
 
What the FRACK?:suspicious:
Fracking Industry Keeps Eye on Obama; EPA Report Could Doom its Future
by Ben Wolfgang
|
The Washington Times
|
Friday, November 23, 2012
The drilling process that has brought U.S. energy independence within reach faces renewed scrutiny from the Obama administration and an uncertain future in many states.

Oil and gas industry leaders remain enthusiastic yet cautious that hydraulic fracturing, commonly known as "fracking," will be fully embraced by the newly re-elected President Obama and state leaders.
Fracking is a controversial but highly successful practice that has unlocked massive amounts of fuel. Endorsements from Mr. Obama and state leaders would make fracking the cornerstone of U.S. energy policy for decades to come.
RIGZONE - Fracking Industry Keeps Eye on Obama; EPA Report Could Doom its Future
 
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