OPEC - Oilmen Pocketing Extra Cash!!! This in recent news: New record high, 75+ a barrel, woohoo! The crude price rises came amid worries that supply could be hit by continuing disputes over nuclear research in Iran, which is the world's fourth largest oil exporter. (hey, a new excuse!) Missile tests in North Korea and instability in Nigeria have also sparked concern as demand for petrol gathers pace ahead of the US holiday season. (we must admit, they're getting good at it) But such a shift may be affected by the imminent arrival of the US hurricane season, which last year wrought havoc in the oil-producing southern states. (thought we'd mention this sos, just in case) Other Notes They forgot to mention: - Lack of sufficient refineries. - China's booming demand. - The continued decline of supply in the Alaskan pipeline. - If we could only figure out how to get bird flu in there, that ought to work.