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#1 |
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IH8MUD Regular
Join Date: Aug 2004
Location: absolutely surrounded by V
Posts: 332
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" the Jewish state "will attack" Iran "
Just what we need right now The Real Deal Holy War....
![]() "Israel said an attack on Iranian nuclear sites is unavoidable, and according to Flynn, geopolitical tensions in the region also pushed the price of oil higher." All over energy huh? May as well get Armageddon over with so these religious people will be satisfied and can free themselves from the rest of us so we can finally make forward progress. "NEW YORK (CNNMoney.com) -- Oil prices surged for the second straight day, cresting a previous trading high, on a dollar decline that stemmed from a weak jobs report, geopolitical tensions and a forecast of $150-a-barrel oil. At 1:20 p.m. ET, the July light crude contract was up $8.81 to $136.60 a barrel on the New York Mercantile Exchange, surpassing the $135.09-a-barrel trading record set May 22. "The bulls are running rampant and the bears have panicked," said oil industry analyst Stephen Schork, editor of the Schork Report. "It's pure hysteria, absolute panic," he added. Trading of heating oil futures was briefly suspend earlier Friday morning after the contract reached a "circuit breaker limit." The euro rallied to $1.5659 from $1.5593 late Thursday, after the Labor Department reported that the unemployment rate rose to 5.5% in May from 5% in April, the biggest monthly jump in more than two decades. The economy lost 49,000 jobs in May, marking the fifth straight month of job losses. The dollar rose to ¥105.96 from ¥105.64 late Thursday. When the greenback softens, the price of crude oil increases, prompting investors to look to commodities as a hedge against inflation. In addition, crude oil is traded globally in U.S. dollars. The less valuable the dollar, the more expensive crude oil becomes. Also contributing to the surge: Morgan Stanley (MS, Fortune 500) analyst Ole Slorer released a report saying that he expected a "short-term spike in oil prices," as high as $150 a barrel by July 4. Comments from Israeli Transportation Minister, Shaul Mofaz, also pushed oil prices Friday. Mofaz told an Israeli newspaper that the Jewish state "will attack" Iran if it doesn't halt its efforts to develop nuclear weaponry. ECB puts pressure on the dollar The dollar began its slide Thursday after European Central Bank president Jean-Claude Trichet said the bank might raise interest rates, which would strengthening the value of the euro. If the euro gains, oil becomes cheaper, European investors buy more oil, raising the price of oil in U.S. dollars, according to Phil Flynn, senior market analyst at Alaron Trading. The "European Central Bank pulled the rug out from under us," said Flynn. Trichet's comments came the day after Federal Reserve Chairman Ben Bernanke said he wanted to try to support the dollar to bring energy prices into check. "The two central banks are out of step with each other," he said. Global demand, especially for gas and distillates in emerging markets, supported the record build in crude prices. However, the governments of a number of countries, such as India and Malaysia, have started lifting their government fuel subsidies, prompting gas prices to rise in those nations. Israel said an attack on Iranian nuclear sites is unavoidable, and according to Flynn, geopolitical tensions in the region also pushed the price of oil higher. Retail gas prices Gas prices have risen to record levels in the past year on the back of record oil prices. The price of crude has more than doubled in the past year. AAA reported Friday that the national average price for a gallon of regular unleaded gasoline fell to $3.986, down 0.3 cent from the previous day's record high of $3.989. Prices at the pump had hit records for 28 of the past 29 days before Friday. Consumers should expect gas prices to stay at high levels, adding as much as a nickel or a dime in the next couple of weeks, if oil prices continue to march higher, said Flynn. The AAA survey shows gas prices are up more than 10% from a month ago and more than 27% higher from year-ago levels. A government supply report released Wednesday said that gasoline demand slackened over the week including Memorial Day, showing that consumers have cut back on their driving in the face of record high gas prices. The average price for gas has passed the $4 a gallon mark in 12 states, as well as in Washington, D.C. Those states where gas has already passed the $4 include Alaska, California, Connecticut, Hawaii, Illinois, Michigan, Nevada, New York, Oregon, Rhode Island, Washington, and West Virginia. The most expensive state for buying gas is California, where a gallon of regular unleaded costs an average of $4.398 according to AAA. The second most expensive state is Alaska, where a gallon of gas costs $4.299. The least expensive state for purchasing gas is South Carolina, where a gallon costs $3.787 a gallon on average. The second least expensive state for gas is Missouri, where a gallon runs $3.788 a gallon. First Published: June 6, 2008: 7:07 AM EDT" Oil prices on a 2-day surge that tests the record - Jun. 6, 2008 |
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#2 |
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SUCKERS!!
Join Date: Feb 2003
Location: Lounging on the Riviera
Posts: 1,058
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Are you saying "the Jewish state 'will attack' Iran", or "the Jewish state" will attack "Iran"?
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#3 |
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IH8MUD Addict
Join Date: Jun 2005
Location: Arizona
Posts: 532
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So the Israeli Transportation Minister is making their war plans? Watch out, world...
__________________ Rob G 1995 FZJ80 AZ Copper State Cruisers #046 |
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#4 | |
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IH8MUD Lifer
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Quote:
I know all hell is about to break
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#5 |
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The Anti-Tech
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The Jewish state. Is that New York, or Florida?
__________________ nial, Hippie teleboarder The more I see, the less I know... '77 FJ55, stocker, with a locker (and some other stuff). Now with 95% Mojo! Footsoldier for the Kingdom of TUT |
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#6 |
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IH8MUD Lifer
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#7 |
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Comfortably Numb
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At least someone (Israel) still has the balls to deal with the nutjobs. Besides, if someone told me they would "wipe (me) Israel off the map", I might be inclined to strike first.
__________________ 2005 UZJ100 OME T-Bars, OME 2" 'Heavy' Lift Kit, Slee Diff Drop, ARB Combo Bumper, Warn XD9000, Slee Rear Bumper w/Tire Carrier, Slee Sliders I know the voices aren't real, but sometimes they have good ideas... |
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#8 |
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IH8MUD Addict
Join Date: Jun 2005
Location: Arizona
Posts: 532
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But would you have your chief bus driver announce it to the world?
__________________ Rob G 1995 FZJ80 AZ Copper State Cruisers #046 |
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#9 | |
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Comfortably Numb
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Quote:
__________________ 2005 UZJ100 OME T-Bars, OME 2" 'Heavy' Lift Kit, Slee Diff Drop, ARB Combo Bumper, Warn XD9000, Slee Rear Bumper w/Tire Carrier, Slee Sliders I know the voices aren't real, but sometimes they have good ideas... |
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#10 |
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Jaz-sassin
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The" Jewish state will "att"ack I"r"an.
__________________ '94 lockered FZJ80 Don't believe the disinformation; D'animal IS actually Dan from American Toyota. PM him with all your parts and tech questions. I don't even know where I am right now, Your Honor. |
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#11 |
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Jaz-sassin
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Gotta love those "my imaginary playmate is better than/can beat up your imaginary playmate" wars.
__________________ '94 lockered FZJ80 Don't believe the disinformation; D'animal IS actually Dan from American Toyota. PM him with all your parts and tech questions. I don't even know where I am right now, Your Honor. |
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#12 | |
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Diesel for blood
Join Date: Jul 2003
Location: west australia
Posts: 6,298
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Quote:
There are no wars about oil ,its all about democracy. There are no wars about oil ,its all about democracy. There are no wars about oil ,its all about democracy. There are no wars about oil ,its all about democracy. There are no wars about oil ,its all about democracy. There are no wars about oil ,its all about democracy.
__________________ HZJ75 cab chassis 95 model ,stocker FJ73+1HZ Diesel NEW GEARBOX 1HZ =same power as 3F with 30% better fuel economy 2in Dobinsons lift.Powerdown adj shocks 33 in BFG A/T HJ61 with slidin windas regrettfully SOLD:(Volvo 740 GL |
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#13 |
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IH8MUD Lifer
Join Date: Dec 2004
Location: Upstate
Posts: 1,253
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Apparently Luke does not recognize
an underdog politician's cry for attention:"A former defence minister and armed forces chief of staff, Mofaz hopes to replace embattled Ehud Olmert as prime minister and at the helm of the Kadima party. " __________________ "I hate conservatives, but I really f*cking hate liberals" Matt Stone 94 FZJ80.....ARB, OME, Revo'd, Eclipsed and Locked. 86 FJ60: Sold! |
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#14 |
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IH8MUD Regular
Join Date: Aug 2005
Location: Abbotsford B.C.
Posts: 429
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Did he mention if they would televise the war.
__________________ 1980 PU 9" lift 383 38" Swampers 1993 FZJ80 6" slee lift 37s 2000 XR671L 83 BJ60 under construction 2008 XR650L |
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#15 |
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IH8MUD Lifer
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#16 |
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The Anti-Tech
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...but not the revolution.
__________________ nial, Hippie teleboarder The more I see, the less I know... '77 FJ55, stocker, with a locker (and some other stuff). Now with 95% Mojo! Footsoldier for the Kingdom of TUT |
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#17 |
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I m m o d e r a t o r
Join Date: Feb 2003
Location: If ya don't know, I ain't tellin'
Posts: 1,087
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The revolution will not be televised?
Not even on pay-per-view?
__________________ 87 FJ60 Banks are for suckahs! ![]() |
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#18 |
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SUCKERS!!
Join Date: Feb 2003
Location: Lounging on the Riviera
Posts: 1,058
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#19 |
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Mud Nookie
Join Date: Mar 2008
Location: Big Rock Candy Mtn
Posts: 103
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I always thought Kramden sounded Jewish.
__________________ Back to broke, it ain't no joke. Had some money in my pocket it went up in smoke. |
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#20 |
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IH8MUD Regular
Join Date: Apr 2006
Location: Modesto, California
Posts: 225
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If there is a war, I bet you there will be alot of bullet proof LandCruisers running around
__________________ 2007 FJ Cruiser 2002 4Runner Sport Edition 1998 4Runner SR5 5spd |
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#21 |
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IH8MUD Regular
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__________________ 91 running 33 bfg's hillbilly roof rack,air lockers,Tube bumper,hurcilined, http://www.flickr.com/people/desert_adventures/ I don't give a damn for a man that can only spell a word one way. decavo's custom jewelry ,vegan soaps, fragrance oils,lip balm, lotions all natural products |
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#22 | |
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IH8MUD Regular
Join Date: Aug 2004
Location: absolutely surrounded by V
Posts: 332
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Quote:
I hear you. ![]() I failed to research the underdog as it was rather challenging reading and typing with one hand while holding Willow (one of our almost 11 month old quads) simultaneously. However I did find it entertaing on the news yesterday hearing all of the hype about oil with a mix from Israel wanting to kick Iran's ass again, as usual; while the main focus remained energy challenges. |
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#23 |
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Havin' A Good Time
Join Date: Mar 2005
Location: Mt. Pleasant, SC
Posts: 361
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I too believe that "the Jewish state(whateverTF that means...just call the 'state' 'Israel.' They earned it
...) will attack Iran" in the near future.Let's translate it for the masses :Israel will attack Iran before Bush leaves office. Large Israeli military exercise last month and a juicy news story about covert US ops and such today kinda firms it up. __________________ '88 FJ62 140K '96 FZJ80 Locked 174K "There ain't no party like my nana's tea party...Hey..Ho" |
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#24 | |
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Diesel for blood
Join Date: Jul 2003
Location: west australia
Posts: 6,298
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Quote:
![]() $200 a barrel ,here we come
__________________ HZJ75 cab chassis 95 model ,stocker FJ73+1HZ Diesel NEW GEARBOX 1HZ =same power as 3F with 30% better fuel economy 2in Dobinsons lift.Powerdown adj shocks 33 in BFG A/T HJ61 with slidin windas regrettfully SOLD:(Volvo 740 GL |
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#25 |
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IH8MUD Lifer
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