The Conservative Cave

Current Events => General Discussion => Topic started by: megimoo on April 21, 2008, 07:37:08 PM

Title: Ahmadinejad Says Oil at $115 a Barrel is Too Low, Calls for Higher Prices
Post by: megimoo on April 21, 2008, 07:37:08 PM

Iran's hard-line President Mahmoud Ahmadinejad was quoted Saturday as saying crude oil prices at $115 a barrel are too low, and that oil must "discover its real value." Oil prices have hit all-time highs above $115 a barrel in recent weeks, amid reports that oil and gasoline stocks in the United States were lower than expected and as the dollar sinks to record lows. "The oil price of $115 a barrel in today's global markets is a deceiving figure. Oil is a strategic commodity that needs to discover its real value," the Web site of Iran's state-run television quoted Ahmadinejad...

http://www.foxnews.com/story/0,2933,351789,00.html

Title: Re: Ahmadinejad Says Oil at $115 a Barrel is Too Low, Calls for Higher Prices
Post by: formerlurker on April 21, 2008, 07:50:14 PM

Go for it moron, and seeing as how Iran has no real refining capabilities why don't we jack up the price of gasoline too.