Gas and oil issues as they pertain to the Newfoundland & Labrador,and Canadian consumer.
Thursday, September 14, 2006
International Atomic Energy Agency cracks Bush...
Look for Oil Pricing to Drop Further...
Seems that George Bush and his cronies at the Huse and Senate Intelligence Committee will be eating crow for the next couple of weeks,or until they can find another reason to poke a warlike stick at Iran. He should never have started to rub the bottle-poor George!
According to a story on CNN tonight, the United Nations world energy watchdog the International Atomic Energy Agency wrote to George's crowd and scolded them for a dishonest case against Iran's nuclear intentions calling their findings "outrageous and dishonest".
George?...Lie?...Naw!...say it ain't so!...
According to the report, the IAEA wrote to the Chair of the House Intelligence Committee who claimed that Iran's nuclear program of enriching uranium was meant for nuclear weapons. The Committee had been claiming that Iran was using it's enrichment program for the sole purpose of nuclear weapons manufacture. Iran is far from the possibility according to the IAEA.
Look for the possibility of further downwards movement in crude, gasoline and heating oil pricing on the news.
Looks like Big Oil might take the kick on this one as well as the oil-rich Bush family. Let's hope that the United Nations can turn this one back on them all!
Regards,
George
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