Comments on: Oil getting comfy above $100? http://newcombat.net/Conversation/2008/02/28/oil-getting-comfy-above-100/ Life during wartime Wed, 08 Feb 2012 12:51:46 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: ed http://newcombat.net/Conversation/2008/02/28/oil-getting-comfy-above-100/comment-page-1/#comment-3837 ed Sat, 08 Mar 2008 14:27:30 +0000 http://newcombat.net/Conversation/2008/02/28/oil-getting-comfy-above-100/#comment-3837 In retrospect I wonder if the military actions by the Colombian government -- our prime (perhaps only) proxy in Latin America -- may explain some of this abrupt turn in oil. (Venezuela is in the middle of the fray and is a major exporter.) Certainly Columbia would not have acted without consulting Bush-Cheney first. Word would have leaked thru the Oil Mafia. Yesterday, Friday, six days after the Columbian "incursion," oil closed over $105 per barrel. And this week Goldman Sachs joined others in raising targets, and chatting about $200/bbl oil: http://www.marketwatch.com/news/story/story.aspx?guid=%7BEBBA0488-3BF7-4D27-AB04-7842AD8E5C79%7D&link=http://www.247wallst.com/2008/03/the-200-oil-cal.html In retrospect I wonder if the military actions by the Colombian government — our prime (perhaps only) proxy in Latin America — may explain some of this abrupt turn in oil.

(Venezuela is in the middle of the fray and is a major exporter.)

Certainly Columbia would not have acted without consulting Bush-Cheney first. Word would have leaked thru the Oil Mafia.

Yesterday, Friday, six days after the Columbian “incursion,” oil closed over $105 per barrel.

And this week Goldman Sachs joined others in raising targets, and chatting about $200/bbl oil:

http://www.marketwatch.com/news/story/story.aspx?guid=%7BEBBA0488-3BF7-4D27-AB04-7842AD8E5C79%7D&link=http://www.247wallst.com/2008/03/the-200-oil-cal.html

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