Monday, August 01, 2005

King Fahd of Saudis dead

Info and links here. And now we will see some really scary upheaval in Saudi Arabia. If it gets too bad, the royal family will destroy their own oil production infrastructure to prevent it from falling into the wrong hands... Expect oil to hit $70/barrel by October, if not $100 if the uprisings are severe enough.

by Robster @ 8/01/2005 09:14:00 AM PERMALink