[The Mayor]

Oh boy... : )

[HarleyD]

"...the cartel's third meeting in its 47-year history, had just been broadcast to the world's media for more than half an hour after a technician had mistakenly plugged the TV feed into the wrong socket.

Well, that's a big "OOPS". Look for the technician to be the next target of a suicide bomber.

[NonValueAdded]

Mistake or deliberate “goof”?

[thefactor]

from the article, this really could he hugh and series.

i'm series.

[Enchante]

Did someone bribe the technician to make a “mistake”??

Iran and Venezuela want to weaken the dollar more for their own political reasons.

Of course, our own Fed apparently thinks the weak dollar is a great thing.....

[BykrBayb]

Our dear friends wouldn’t have done that on purpose. No. Of course not!

[givemELL]

Was this as dramatic or noticed as much as Jimmy Rogers all last week on Bloomberg tv telling the world to get out of dollars NOW!..Whole world IS. They will believe Rogers over an Arab conference. He has obviously shorted the dollar...bet Soros, his former partner, who is of great influence in the Dem party (he owns it like the character in Braveheart from Ireland owning Ireland)has also shorted the dollar.

[norton]

Almost sounds like a good thing:

(If) weaker dollar means higher oil price, and
EU and others have made a sport of assailing the US dollar, then
do they want higher oil prices or some phony prestige they know they cannot back up ?

(Venezuela not included in any rational thinking exercise)

[theBuckwheat]

The problem isn’t a particular value of the USD in relation to other currencies, it is the rate of change. Over time, exchange rates will fairly represent purchasing power parity, especially in commodities such as oil, if only because of the ease in shipping from where the price is low to where it is high enough to cover shipping costs and then some.

Another reason the Saudi’s should be worried about an ever-higher dollar price for oil: the US has more hydrocarbons in the form of oil shales and coal than all of Arab OPEC put together. The higher the market price, the easier and quicker conversion projects will be proposed, approved and financed.

see US DOD presentation in PDF at:
http://www1.eere.energy.gov/femp/energy_expo/2005/pdfs/t_s4c.pdf

Also: Discovery Magazine article, Anything to Oil:
http://discovermagazine.com/2006/apr/anything-oil

[G8 Diplomat]

Saudi screw-up....

Or was it deliberate?

[VxH]

[Sometimes, such innocent mistakes can have far-reaching economic and political consequences.]

 

Yeah, telling people the truth can be so, bothersome.

 

What's implicit in this is that lying to the public and hiding the truth is considered quite acceptable, probably normal.

 

Can't have the sheeple thinking for themselves noooooo!  The Baal builders know best.  Now bow down, worship the Golden Calf, and stop peeking behind the curtain.

[arthurus]

It may have been a mistake.It may have been a tactic.