Worthy Christian News » Prices Could Hit $150-$200 Per Barrel Without Iraq Oil (Video)

christian news

Worthy Christian News » Prices Could Hit $150-$200 Per Barrel Without Iraq Oil (Video)

(CNBC / Worthy News)– If Iraq's oil supply goes offline, crude prices could hit $150-$200 a barrel, T. Boone Pickens, founder of BP Capital Management, told CNBC on Friday.

Crude hit a nine-month high Friday as fears intensified over the conflict in Iraq and its potential to disrupt country's the oil supply. U.S. crude—West Texas Intermediate (WTI)—hit a session high of $107.68 a barrel early Friday. Brent rose to an intraday high of $114.69. — Source

Copyright 1999-2014 Worthy News. All rights reserved.

Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

3 Comments on this post.

Leave a Reply

  • PastorPrincess K Gill
    14 June 2014 at 2:45 am - Reply

    All that time and lives wasted for nothing sych you shoulda realized it before you went in the second time .

  • Tom Revalator
    14 June 2014 at 11:52 pm - Reply

    raise er up over roof

  • wsteinbr
    15 June 2014 at 7:45 pm - Reply

    The supply chain for oil is very complex. That being said, the fracking that we are doing in the United States has made the Middle East nervous that we could depend on our own oil. We even want to export our own oil. That being said, the Saudi Arabians will do anything to keep the price of a gallon of gas somewhere between three and four dollars a gallon. They don't want us going to alternative fuels even more than we do.

  • Make us your homepage

    What is Worthy News?

    Worthy News is an independent Christian news agency which reports news not covered by other outlets, on key developments in a rapidly changing world. Worthy News reaches both Christians and non-Christians around the globe and strives to be balanced and make a difference in these strategic times.

    Worthy News. Reliable-Trustworthy-Cutting Edge

    Recommended Links

  • Editor’s Picks

  • Latest News

  • Most Read This Month

  • Most Read Today


  • 1999-2014 Worthy Christian News » Prices Could Hit $150-$200 Per Barrel Without Iraq Oil (Video)