Playing A Dangerous Game

Ahmadinejad: Oil Price Is Lower Than Value

Oy. This guy is finally calling the Bushies out by finally saying what we all know: they have the oil and we shouldn't f@#k with them.

In statements likely to rattle world oil markets, President Mahmoud Ahmadinejad also said developed countries, not producing countries like Iran, are benefiting the most from the current high prices.

"The global oil price has not reached its real value yet. The products derived from crude oil are sold at prices dozens of times higher than those charged by oil-producing countries," state-run Tehran radio quoted Ahmadinejad as saying.

"The developed nations are the biggest beneficiary of the added value of oil products," he said.

The president, who is embroiled with the West and the United Nations over Tehran's nuclear program, stopped short of saying Iran would use oil as a weapon, a tactic much feared by his antagonists on the nuclear issue. Nor did he say what oil prices should be.

Oil prices leapt above $72 a barrel Wednesday, settling at a record high for the third straight day.

I'll say it again: Oy.

Personally? I think Ahmadinejad is fundamentalist who believes his god is telling him what to do and will protect him. Bush? I don't know: half the time I believe he's the same way, the other half I see him as just some dry-drunk failed business man who just looks after his friends and has no idea how 98% percent of people actually live. This is a bad combination.