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Is BP Prudhoe Shutdown Iran War Profit Seeking?

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Is it silly to suspect that a multi-billion dollar company has some inside info on the likelihood of a war in one of the biggest oil producing countries?

If the war with Iran proceeds as many are predicting, prices of oil will explode, probably doubling or tripling.

If you could, with good odds, stop selling a product for, say six month, knowing that your profits would more than double (doubling the price could triple or quadruple the profits) you just might want to hold on to that inventory.But you'd have to have an excuse, since shutting down sales would look suspicious.

How about an outbreak of disease-- Ebola virus? Smallpox? White poweder on the snow? Naahhh. They used that in Close Encounters of the Third Kind.

How about a problems with the pipeline-- sudden problems that are a big surprise?

I guess they think that line will sell.


They'll shut down the pipeline for maybe six month, until the Iran war is under way, throw some new pipes in, and then start selling oil at $150, $200, even $250 a barrel.

For all we know, OPEC might even be subsidizing BP's move. I know. Call me paranoid. The idea that megagazillionaire oil companies would collude to raise prices of oil... How silly.

Of course, the word is that there will be NO shortages. Just price increases.

 

Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind.  Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives  one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big)  to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project. 

Rob Kall Wikipedia Page

Over 200 podcasts are archived for downloading here, or can be accessed from iTunes. Rob is also (more...)
 

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Did Cheney recently meet with oil executives from ... by skyreader7 on Tuesday, Aug 8, 2006 at 4:13:11 PM
Yep. I have no doubt Bush will be a billionaire wh... by Rob Kall on Tuesday, Aug 8, 2006 at 5:21:07 PM
The pipeline , according to eye witnesses and unim... by ardee D. on Tuesday, Aug 8, 2006 at 6:57:50 PM
I thought oil, (especially raw crude) lubricates, ... by cherylee on Tuesday, Aug 8, 2006 at 9:46:38 PM
High sulphur content in that oil creates problems,... by ardee D. on Wednesday, Aug 9, 2006 at 7:12:00 AM