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Crude at fresh 2-week high as Iran tensions mount (re seizure of UK Sailors/Marines)
Market Watch.com ^ | Mar 26, 2007 | Myra P. Saefong & Ciara Linnane

Posted on 03/26/2007 7:36:56 AM PDT by Grampa Dave

Crude at fresh 2-week high as Iran tensions mount Tehran says may charge 15 U.K. seamen with illegally entering Iranian waters

By Myra P. Saefong & Ciara Linnane, MarketWatch Last Update: 10:13 AM ET Mar 26, 2007

SAN FRANCISCO (MarketWatch) -- Crude-oil futures rose past $63 a barrel Monday to their highest level in more than two weeks, buoyed by mounting tensions between Iran and the U.K. over the arrest of 15 British navy personnel in the Persian Gulf by Iranian forces and Iran's claims that they had illegally entered its waters. Tehran said it's considering charging the sailors, who the British and Iraqi authorities claim were in Iraqi waters when they were seized at gunpoint on Friday. U.K. Prime Minister Tony Blair has called for their release, warning Iran that he views the fate of the seamen as a 'fundamental issue.'

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs; War on Terror
KEYWORDS: energy; islamonuts; oil
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To: Red Badger
..evil never goes away..., because we never confront it as such!

You don't bargain with evil, you destroy it as soon as it appears.

Why is this a prob?

21 posted on 03/26/2007 10:53:23 AM PDT by norraad ("What light!">Blues Brothers)
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To: JackDanielsOldNo7
Why don't they quit with the excuses and just blame Jed Clampett next.


Jed Clampett has control of the worlds oil supply up $30.

They need to get original. Next it will be the summer driving season. Blah Blah Blah

Hurricanes...

Annual Maintenance...

National Strategic Reserve...

OPEC meeting...

OPEC not meeting...

Summer...

Winter...

Full moon...

No moon...

You’re getting mooned...
22 posted on 03/26/2007 10:55:28 AM PDT by TLI (ITINERIS IMPENDEO VALHALLA, MMP AZ 2005, TxMMP El Paso Oct+April 2006 TxMMP Laredo - El Paso)
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To: norraad

Why is this a prob?....In today's PC world, nothing is considered evil anymore. Just a lifestyle choice. No more black and white delineations. Just gray areas. Nobody wants to be seen as calling anyone or anything evil. Just look at the uproar over "The Axis of Evil" comment. Even when you confront evil, it doesn't really go away, it just morphs into something else and hides for a while. Today, everything that should be good is evil and evil is good. Witness the Ann Coulter uproar over the term faggot. Would she have been better off if she had used the term queer? Hardly. Evil takes on the mantle of victimhood and makes your morality the evil that Evil should be.......


23 posted on 03/26/2007 11:04:12 AM PDT by Red Badger (If it's consensus, it's not science. If it's science, there's no need for consensus......)
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To: Red Badger
The Monkees song "Shades of Grey" comes to mind, 'member that?

Another factor is Bush & Co.(ie Sneakyman Oil, Inc.) allows alot of this crap to festor because is makes money, big money.

24 posted on 03/26/2007 11:08:53 AM PDT by norraad ("What light!">Blues Brothers)
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To: norraad

Shades of Gray
Monkees
Words By barry mann and cyntha weil

When the world and I were young,
Just yesterday.
Live was such a simple game,
A child could play.
It was easy then to tell right from wrong.
Easy then to tell weak from strong.
When a man should stand and fight,
Or just go along.

But today there is no day or night
Today there is no dark or light.
Today there is no black or white,
Only shades of gray.

I remember when the answers seemed so clear
We had never lived with doubt or tasted fear.
It was easy then to tell truth from lies
Selling out from compromise
Who to love and who to hate,
The foolish from the wise.

But today there is no day or night
Today there is no dark or light.
Today there is no black or white,
Only shades of gray.

[instumental interlude]

It was easy then to know what was fair
When to keep and when to share.
How much to protect your heart
And how much to care.

But today there is no day or night
Today there is no dark or light.
Today there is no black or white,
Only shades of gray.
Only shades of gray.


25 posted on 03/26/2007 11:28:15 AM PDT by Red Badger (If it's consensus, it's not science. If it's science, there's no need for consensus......)
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To: george76

Oil has been near $60 for three months now. Some fluctuation but no major moves. The panic move to $75 was burned out of the system. It won't be moving much higher soon unless the Strait of Hormuz is shut.


26 posted on 03/26/2007 11:32:30 AM PDT by RightWhale (Treaty rules;commerce droolz; Repeal the Treaty)
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