Peace in our time: Iran

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wilmawatts
Posts: 685
Joined: Fri Apr 01, 2011 10:12 am

Peace in our time: Iran

Post by wilmawatts »

In a stunning development president Obama has reached a peace deal with Iran, causing oil futures to plunge $2.50 tonight

Pundits claim this is a new era of cheap energy, and Iran's economy will jump on the agreement. Energy stocks will be hammered the pundits say. Everyone will live in peace and prosperity eminating from obamacare

We will see. Does not look all that stable to me regardless, but hey, this hayseed does not know what the political elites do.
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: Peace in our time: Iran

Post by setliff »

oil is not part of the agreement.
dan_s
Posts: 37389
Joined: Fri Apr 23, 2010 8:22 am

Re: Peace in our time: Iran

Post by dan_s »

My take is that this a distraction to get the focus off of Obamacare for a few days. Since many of the "sheep" have ADD, it may work.
Dan Steffens
Energy Prospectus Group
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