Expert: Al Qaida could drive
oil prices to $3 per gallon
SPECIAL TO WORLD TRIBUNE.COM
Monday, July 12, 2004
WASHINGTON Al Qaida could drive the price of oil to $3 dollars a gallon in the United States.
A leading U.S. energy analyst, Paul Michael Wihbey, told a Hudson Institute conference on Saudi Arabia that Al Qaida has already driven the price of oil to beyond $40 a barrel. Wihbey, president of Global Water and Energy Strategy Team, said Al Qaida could seek to drive this price to $60 a barrel by attacking Saudi oil infrastructure.
More:
http://www.worldtribune.com/worldtribune/breaking_1.html
In that case we know where the AQ money is. My understanding is that speculation has driven the market up. All we need do is freeze all the speculator accounts and AQ is broke!