Oil tops $88

[pscot]

Analysts on CNBC expect the December contract to top $90 within the week.

[bananas]

1. $90 will get some attention. nt

[EVDebs]

2. This is why they want us in Iraq for ''10, 20 years",

An attack on Iran of any kind results in $6 a gallon gas and around $100 a barrel; basically the US economy (and the world's) shuts down.

See

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=3610690&mesg_id=3611878

along with Bob Herbert's 'Heads in the sand' article where Sen McCain says we'll be in Iraq for 10, 20 years,

"When asked this week on CNN how long the U.S. military is likely to remain in Iraq, Senator John McCain replied "probably" 10 or 20 years. "That's not so bad," he said, adding, "We've been in Korea for 50 years. We've been in West Germany for 50 years."

http://www.nytimes.com/2004/09/03/opinion/03herbert.html

It keeps the cost of oil high and allows for the conversion of oil companies into 'some other kind of business', a la BP's slogan 'beyond petroleum'. Indeed. The oil runs out by 2027.

[XemaSab]

3. What an asinine thing to say

Korea has been partitioned into the haves and the have nots for 50 years.

Germany WAS partitioned into the haves and the have nots until the collapse of the Soviet Union, but even still, unemployment was at 18.7% last year in the former eastern states.

And this is GOOD? :shrug:

[EVDebs]

4. Scary part is McCain is a top tier GOP candidate eom

[Nihil]

5. And the other thing about Korea & Germany ...

... is that (except for the occasional nutcase) no-one has been shooting
at the US troops in Korea or Germany for 40-50 years ...

The US would not still be in either country if the conditions were *anything*
like they are in Iraq ...

:argh: