Price of oil can easily top $100 a barrel thanks to the plans to boycott Iran. But banging war drums isn't the only cause of high oil prices. In classic capitalist fashion, the remaking of the mega-monopoly energy giants coincides exactly with the sudden rise in world oil prices. We are back into the Robber Baron Days, only they are Sheikhs and Kings these days as well.
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April 30, 2006
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If I remember correctly, BP originally stood for BAHREIN Petrol, so we have come full circle.
Posted by: Big Al | April 30, 2006 at 07:11 PM