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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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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]

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[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

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