Hey guys INMHO we re going to have a serious crisis in the middle east 2nd to 3rd quarter 09 esp the way elections in israel are shaping up . This will have a huge effect , again my opinion only ,on oil prices
Reason Iran is very close to having full nuclear capacity ( 10-14 months ) and again INMHO any diplomatic attempts to come to some sort of arrangement will fail as will any economic sanctions ( ACHMINAJAD is a madman worse than bin laden or the late ayatollah khomeni ) will fail.
Israel will then have no choice , inmo , to act as it did in Iraq (imagine if it hadn t ) in 1982 and do the dirty work for west and take decisive action.
If this happens we could well see a large spike in POO. I ve taken positions in CVN, OEL and AWE.
