the price of brent crude jumps to above $305/barrel a 9 month high

1) Demand is dropping
2) $200 is not economically viable. We saw the demand destruction that took place when it hit $148.

When Obama wins his second term it's going to soar to over $200. The October war in Iran is going to help that. Watch for the Iranians to supposedly sink our aircraft carrier "Enterprise" which is scheduled to end its life next year. It's much cheaper to sink a ship than to pay union guys to cut it up for scrap. They'll get their false flag to justify the next war and save a few million on salvage costs.
Win win for the war machine!
 
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