[J. Abizeid]

Originally Posted by J. Abizeid

Next week’s OPEC meeting will most likely prove the republicans still have friends among the Muslims and Arabs. I doubt Iran will be able force an oil cut.
But all bets are of after the elections and I wouldn’t be surprised if McCain wins.
If he does, I don’t see any reason to stop oil from going back to $147 and above and the euro beating its own record.
Come think of it, if you invest your money properly, you start liking those guys.
As you said, time will tell.
I think we’ll have a December to Remember this year,

Bloomberg.com: Worldwide
The 13-nation Organization of Petroleum Exporting Countries will reject calls from Venezuela and Iran to trim supplies at its Sept. 9 meeting in Vienna, according to 29 of the 32 energy analysts surveyed by Bloomberg.