Oil stocks are at a 27 year low.
This fact was mentioned a few minutes ago on a satellite TV business news program that I was watching.
Here's an article about oil from today's news: http://www.msnbc.com/news/884631.asp?cp1=1
Excerpts: VIENNA, Austria, March 13 — A surge in world oil output last month has left producer countries with too little spare capacity to fully offset a wartime halt in supplies from Iraq, the International Energy Agency warned. International oil markets are "running on empty" as war clouds gather again in the Persian Gulf, the agency said in its monthly oil market report. "A further supply disruption would tax a system operating at close to capacity," the report said.
Here is more information about the oil crisis behind the coming war:
The Coming Global Oil Crisis
The site links to official government data.
*** CJ Campbell is a Petroleum Geologist who, in December of 2000 (*before* the tragic attack on the World Trade Center) predicted a U.S. oil war.
*** Lecture notes:
*** Lecture video:
*** Introduction in German, keep watching for English.
One of the best resources for information about war in the Middle East is the website of the Colorado Campaign for Middle East Peace. Its great strength is preservation of media articles to create an up-to-date historical record, particularly about Palestine/Israel and Iraq. The website is here:
Poster location: http://web.webaccess.net/~rtmyers/iww/cheapergas.jpg
Disclaimer: The Colorado Campaign for Middle East Peace is not associated with Dr. Campbell or with "The Coming Global Oil Crisis", but as a CCMEP supporter I wish for everyone to be aware of these important issues.