if europe loses yukos oil .... ?

Recent Alaron report:

"Wednesday, July 28, 2004



Red July rising! The sun began to set on the Kremlin as inside, the remnants of the KGB began to rise. The harsh boldness of their tactics shines in the light of day for all to see and it's ugly. Either jail your opponents or worse, just so long as they don't stop your ultimate goal of total power. Voices of dissent will be silenced and a new day will dawn in Russia. In the new world order of rising demand for energy, oil is power and the leaders within the Kremlin seek that power. A darkness has covered their land once again.



No, it's not the plot of a Tom Clancy novel. It's reality. Truth may be stranger than fiction, but in this case, truth may be sadder than fiction. The Russia versus Yukos story took another strange turn with the Russian government issuing an arrest warrant for one of the largest shareholders of Yukos charging him with murder! It'll make a great novel someday with this plot twist. International intrigue, oil, money, power and now murder! All that's missing is sex and you might even say that's there when the sexed up intelligence from Putin reached President Bush saying Iraq was ready to attack the US! It's a fact Democrats don't want you to know, yet a fact nonetheless. The alleged murderer is Leonid Nevzlin who briefly ran Yukos after Mikhail Khodorkovsky was jailed. Nevzlin has fled to Israel fearing the Russians would jail him. Khodorkovsky is defending Nevzlin through his lawyer and has said the charges are outrageous and motivated by a state led campaign to prosecute Yukos executives for growing too rich and powerful.



Yet the Russian government claims they have collected enough information from direct sources that said Nevzlin struck a criminal pact with the head of Yukos security to organize murders! We all know and can just imagine how good old KGB guys are at collecting information. The report sent a chill down the spine of Europe with fears that red July could turn red October into a month of short supply of Russian heavy crude used to make gas oil. Yukos shares tumbled 21.5% and sent heating oil on our futures exchange soaring.

If Europe loses Yukos oil they'll have to go to the world market for distillate and will further tighten already tight supplies."