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OPEC: Expect Unlimited Oil Prices With Iran Bombing

Posted By admin On July 10, 2008 @ 2:29 pm In Featured Stories | Comments Disabled

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OPEC: Expect Unlimited Oil Prices With Iran Bombing 100708oil

Steve Watson
Infowars.net [2]
Thursday, July 10, 2008

The head of Organization of Petroleum Exporting Countries has warned that the world faces unlimited oil and gas prices should an attack on Iran take place.

Abdalla Salem El-Badri, the OPEC secretary general, told reporters [3] that because Iran is the second-largest producing country in OPEC, providing four million barrels of oil a day, the output would be impossible to replace.

Read the full story at http://www.infowars.net/articles/july2008/100708oil.htm [2]

(Article continues below)


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URLs in this post:

[1] : http://www.prisonplanet.com/wp-content/uploads/2008/07/100708wtc7.jpg

[2] Infowars.net: http://www.infowars.net/articles/july2008/100708oil.htm

[3] told reporters: http://www.iht.com/articles/2008/07/10/business/opec.php

[4] OPEC chief warns of ‘unlimited’ oil prices if Iran is attacked: http://www.prisonplanet.com/opec-chief-warns-of-unlimited-oil-prices-if-iran-is-attacked.html

[5] OPEC chief wants ‘substancial’ cut in output: http://www.prisonplanet.com/opec-chief-wants-substancial-cut-in-output.html

[6] OPEC ready for deepest oil cut to rescue prices: http://www.prisonplanet.com/opec-ready-for-deepest-oil-cut-to-rescue-prices.html

[7] OPEC May Cut 1 Million Barrels in Cairo, Survey Shows: http://www.prisonplanet.com/opec-may-cut-1-million-barrels-in-cairo-survey-shows.html

[8] Crude Oil Rises More Than $4 on Signs OPEC Will Cut Output: http://www.prisonplanet.com/crude-oil-rises-more-than-4-on-signs-opec-will-cut-output.html

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