Saudi gives Israel the green light. Ready for $20 a gallon?

http://www.timesonline.co.uk/tol/news/world/middle_east/article7148555.ece
http://www.foxnews.com/world/2010/06/12/saudi-arabia-gives-israel-clear-skies...

Category:

News & Politics

Tags:

• Israel
• Saudi
• Arabia
• Iran
• Muslims
• shtf
• WWIII
• oil
• grices
• peak

[Straightsix76]

a bombing raid on Iran would cause oil to spike to $300 bbl which would translate to $10 a gal

[vonhismean]

@Straightsix76 not sure how much a gallon it would be but I imagine it would be alot higher.

[okieprepper]

The Saudi's are supporting the Israelis in this manner is so they won't have to fight the Iranians for conquest of Iraq. All of the surrounding Muslim nations want a controlling piece of Iraq because of it's riches and sacred lands and temples associated with their Islam. Nevertheless this is starting to get very interesting and bringing us closer to what we all know is coming soon.  Sources tell me that gas will be at $8 gallon by the of the year and oil companies are pulling out of the Gulf.

[vonhismean]

@okieprepper I can believe it.

[TheGrayman1234]

20? IMHO, not anytime soon. $5 yes, I can see that happening again pretty soon. $10? that is pushing it, but if things keep going the way they are then it will be there soon as well. The question is will it be from them jacking up the prices or from hyperinflation? Thanks for the links I will check those out.

[vonhismean]

@TheGrayman1234 I think if war breaks out between them prices will be higher not just because Iran stops pumping or Saudi production slos down with a war going over there skies and any other of the oil producing countries or should I say companies jump in the war idk.

[vonhismean]

@martykean1967 I think the world gonna change some no matter what happens.

[vonhismean]

@MOUNTAINOUS Oh yah I hear ya.

[TheGrayman1234]

@jsmythib Yes, I understand that. What I am saying is that "All out war" is not going to happen soon. They may have a LOT of skirmishes over there or even a lot of surgical strikes, but I do not think all out war will hit till Armageddon happens. Sorry just my opinion. Thanks for the comment though. You are right in that IF all out war was to happen, the price would be drastically effected.

[MOUNTAINOUS]

muslims selling out other muslims. no suprise there. i like that saying. lol. i hope it dont get that high lol. i will be rafting or biking or hiking lol. to get to places. lol.

[martykean1967]

I wouldn't blame Israel for a preemptive strike. They did the exact same thing to Iraq in the 80's! Can you imaging how different the world would be if they hadn't done that and Saddam had annexed Kuwait while possesing nukes??? We'ld be paying $20 a gallon IF he allowed us to buy his oil! He would have controlled 40% of the worlds oil reserves and would be calling all the shots right now because we wouldnt risk attacking him if he had nukes to strike back with! We'ld be in a world depression.