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July 03, 2008
FIVE VULNERABLE NODES in the global energy network. The logical response to such vulnerability, and a fear that disruption might be imminent, say because of something involving Iran, would be to build stockpiles. But if people started doing that, oil prices would rise to record levels. Probably even at a time when the economy was slowing.
Meanwhile, from the comments:
My two cents of logic.
1. As oil prices rise higher, more and more sustainable energy solutions become financially viable.
2. Sustainable energy helps cool the earth thus solving the problem of global warming and saving the planet.
3. Greenpeace supports saving the earth.
4.Any attack on Iran would cause the price of oil to spike.
My conclusion - Greenpeace supports an attack on Iran (at least in concept).
You can't argue with logic like that.