[M. Espinola]

I would like to believe your overview and so would my gas tank.:)

The Islamic terrorist enemy knows they will never, ever beat US on the battle field, thus they will continue looking for cheap shot, the low blow, underhanded cowardly ways to harm US via inflicting damage to the Western economy.

My overview is we will have to address the Iranian nuclear issue in the coming year. Iran is Opec's #2 producer. If the death cult mullahs feel their time is up the oil fields of Saudi Arabia is a short distance for Iranian missiles.

In addition all indications point to Osama's suicidal lunatics lurking throughout are beginning a new wave of terrorism inside Arabia in order to cripple the Wahhabi 'Kingdom'.

What you stated first I would go with, "Anything can happen of course".

Since nobody picked the exact day blood thirsty Muslim madmen would fly passenger jumbo jets in the World Trade Center, at least in the current situation we know the short term stated goals of the enemy and they have targeted those which produce & supply crude oil to the free world.

There is great concern about security of oil facilities in the world's biggest oil exporter.

[KwasiOwusu]

" If the death cult mullahs feel their time is up the oil fields of Saudi Arabia is a short distance for Iranian missiles."

We are waiting for those Iranians to do just that.
THat'd give us an excellent excuse to wipe 'em out.
Bottom line, I don't see the price of oil going anywhere near the highs we saw this year. At the time, I posted on this board that supply and demand simply did not justify those prices, and sure enough the prices came tumbling down.
This spike in prices today won't change the overall downward trend of prices.
Plus, I have a feeling that Republicans now have enough votes in the Senate, to vote through oil exploration in ANWR, something that will further have the psychological effect of eroding oil prices even more.