Informed Comment: Paul: Iran and Energy Crisis:
Ron Paul on Iran and the energy crisis. He argues that speculation about a US or Israeli strike on Iran is driving some of the increase in oil prices.
The OPEC president should know a thing or two about what drives oil prices and he agrees.
The speculation has been going on a long time ago -- according to some, the war should have started two years ago or more, so it can't be the only thing that's driving the oil price up.
Hat-tip to Mard.
1 comment:
Thanks for the hat tip, Steve. Yes, Ron Paul makes a lot of sense in some areas. Too bad he's a nut in other areas.
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