Thanks to many friends of Bush (FOB), the multi millionaire stock market heavy weights on wall street who speculate large sums of money on oil every day, prices of crude oil, diesel, heating oil and gasoline have shot up through the roof in the past 6 months.  It is reported that 7 individual traders and a handful of institutional energy traders have taken in profits in excess of $37 billion in the last 6 months.  Thats $3,858 per second, every second, for the past 180 days.

The $37,000,000,000 excludes monies made or lost in U.K, rest of Europe or Asia (mainly Hong Kong). 

The 50% increase of energy prices has created a very bad economic situation in the U.S. and I guess in the entire world for that matter.  It is estimated that a limited surgical attack on Iran by either Israel or the U.S. or a combination thereof will push oil prices to  $200-$250 a barrel.  If during this attack waterways of Hormuz &/or The Persion Gulf are  effected in any way, oil prices can reach $350-$500 range; maybe not permanently but for sure on a temporary basis for a few months.

Can you imagine oil at $350 a barrel in October of this year?  That means $10+ per gallon of gas.

Republican hawks and the Jewish lobby now have 3 choices:

1) No attack.  Just continuous widening of economic sanctions.

2) Attack with provisions for safe gaurding the shipping water ways.

3) Attack with no provisions and basically leaving the mess for Obama. 

Although I had predicted an attack between the presidential elections in Russia and the U.S., I now think the cost of an attack will be too high for the U.S.   One can never say never, but an attack on nuclear sites of Iran now is unlikely.