Friday, July 27, 2012

Just a Headline Away From $100 Oil -- Absolutely Nothing To Do With The Bakken

If you came here looking for the Bakken, scroll up or down.

With regard to the "subject line," I posted that link yesterday at this post (we are just a headline away from $100 oil).

Now, tonight at the Drudge Report, a very interesting story in the Jerusalem Post: "Muslim Brothers Plotting Overthrow of Gulf States."
Dubai's chief of police: "The brothers and their governments in Damascus and North Africa have to know that the Gulf is a red line, not only for Iran but also for the Brothers as well."
North Africa: Egypt and Libya. The Arab League?

I can only assume the UAE and Saudi Arabia are watching events in Syria with much concern.

Back on March 24, 2011: evidence that the US was supporting regime change in Syria.  More recently, Saudi's concern about Syria.

My hunch is that this will, too, shall pass ("this" being the civil war in Syria and the saber-rattling by Iran) but there is an interesting confluence of events in which the outcome is completely unpredictable. The movers and shakers have a way of letting things go to the brink, and then, like deus ex machina, rescue adversaries from going over the cliff.

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