BG is in an impossible position. Celtic rambles on about charts and things (yawn) and then offers his views about IS in the middle east (yawn). Neither contribtions make any sense. BG simply calls things as he sees them and deserves a lot credit for maintaining his composure under duress, when it would be so easy to over react to the none stop tosh man from Wales posts with alarming regularity. It may cme as a surprise, but I hadn't used the word 'tosh' for 17 years until I cam across celtic on this board. Now I am obliged to use it with gay abandon.
According to Daniel Yergin, the energy expert and vice-chairman of IHS, the business information provider, the biggest threat to oil prices is the political chaos that threatens to engulf the Middle East, combined with the West's reluctance to intervene.
Speaking to The Sunday Telegraph, Mr Yergin argued that the price of a barrel of oil could skyrocket to levels above $100 per barrel if Isil is allowed to press deeper into Iraq, the second-largest producer in the cartel after Saudi Arabia.
"Isil presents a whole new reality for the region, which just isn't reflected in the oil market at the moment," said Mr Yergin. "It's an increasingly grave situation for most of Opec and the Middle East. At some point the security issues will start to come back into the price of oil."
A poster over on iii made the sweeping statement this morning that IS will not affect oil production in the Middle East and consequently the price of oil will continue to drop. Worth taking a look at this article that presents a very different picture:
"...ISIS does not affect Middle East production..." Really Reknaw, I think you want to take another closer look and be less blinkered by simply trying to tear down any comment I make.
"Iraq, Saudi Arabia, the Gulf states and Iraq – which together account for two thirds of the cartel's production – are all now affected by the inexorable march of the Isil jihadists but appear powerless to prevent it due to the widening sectarian schism between the Sunni and Shia Muslims across the region in the wake of the Arab spring uprisings five years ago."
Bore da, Celtic. V disappointed with fallback in Oz - thought they genuinely knew something on Friday. So they are .7p as well this morning, and doubt anything much will happen till the Q & A gets posted tomorrow, probably late.
At least we know, if they say Q & A will be posted on a certain date, it will happen. Looking forward to a Welsh get together soon.
Good morning Lewis, looking forward to a positive week on here with some serious discussion on all matters Range,especially after the Q&A. Lets put that date in our diaries this week for the Welsh get together too, Good luck and here's to a positive week.
Your record is not the best. I think most of your posts are against Celtic - for what he said in 1996. Yet another history lesson that we would rather not have on this board. Absolutely pointless - like still blaming Angela Merkel for WW2.
"Good to see RRL is down today 4.46% on LSE" was your best post while company was in middle of voluntary suspension (LOL).
And shareprophets are not as popular as you may think. And neither are you. :-)
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