oil vs water

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At the third OPEC summit in 47 years, held in Riyadh, Saudi Arabia, Venezuelan President Hugo Chavez said that the price of crude oil could reach $200 a barrel. "The basis of all aggression," said Chavez, "is oil." During a private meeting that was accidentally televised, the oil minister of Venezuela suggested to the oil minister of Iran that OPEC stop using the crippled dollar for pricing;the foreign minister of Saudi Arabia countered that public discussion of the weak dollar would cause U.S. currency to lose value. "Kill the cable!" shouted a security guard as he ran into the meeting room, "Kill the cable!" An economist with financial services firm UBS AG put the odds of a U.S. recession at 45 percent.

you love harpers, too.