Monday, April 17, 2006

Steve Forbes: War with Iran = cheaper oil

Apparently, we have yet to discover the upper limit of the insanity of Republican warmongers.

The latest crazy craziness comes to us from multi-bulti-gazillionaire Steve Forbes. Think Progress has the lowdown.

FORBES: Well, it’s interesting. And about $15 a barrel on the price of oil today is worry about Iran, that crisis.

HOST: So, without Iran, the price of oil would be $15 less per barrel is what you’re saying.

FORBES: Yes, it would. There is real uncertainty, huge producer. But the bottom line with Iran is, when we have the confrontation, which we will have, we can really deal with that crisis. Then the price of oil will come down. The longer we let it fester, the higher the price of oil will stay.
Right. Because nuclear war (or, heck, even the regular kind) in the Middle East against a major producer of a certain commodity means the supply of that commodity becomes more stable. Is that how it works, Steve?

So, if we bombed Bordeaux back to the stone age, then I guess it follows that the price of fine French wine would suddenly be about as cheap as Boone's Farm. And, if we unloaded our stockpile of "tactical" nukes on Egypt, maybe those 800 thread-count Egyptian cotton sheets I've had my eye on would drop into my price range. Sweet.

1 comments:

Phoenix Woman said...

Hoo boy. Ol' Flat Tax Steve's showing the noted trust-fund-baby acumen that made him burn through a good chunk of his dad's money in a failed effort to become president. (I'm going to send this to Juan Cole. He'll probably barf up a lung laughing. Or crying.)

I glommed onto this post and your one on Tony Blair, and put them together. At least Blair's realizing that he can't blindly follow Bush down this rathole and expect to stay in Number Ten.