Margin call for Ahmadinejad's account

I have always thought that Ahmadinejad primarily was supported by folks who wanted him to bring the price of oil up. Moreover no one supported anyone in opposition to him. Anyway, what have US oil companies, Islamist Fascists, neocons, Russians, Chinese, have in common? High oil prices. The news today that the oil price has dropped is quite interesting.

The dollar's fortunes, which had taken a drastic turn for the worse in late November, seemed to improve with the oil market's decline. The euro was down about 0.6 percent against the U.S. currency to trade at $1.3089.

"We've had very warm weather, and that's part of what's driving oil prices down," said Elisabeth Denison, economist at Dresdner Kleinwort Wasserstein.

But I have also noticed that once the drop becomes a slide, then major events take place to stem that free fall. Unfortunately the people who stand to lose money in the fall in the price of oil, have a lot of money and influence. So expect to see big flare ups of war and violence and terror, to create a scary rally in oil. But it won't work, and the producers will increase production.

Once the price of oil really starts to consolidate at lower prices, then OPEC will start to fall apart as countries will cheat on their quotas. With the higher US dollar and Islamist Fascists holding Euros, then Ahamdinejad's trade account will experience some serious margin calls.

With the US fleet in the Persian Gulf, beginning what looks like a campaign to hermetically seal the Islamist Fascists in Iran from all borders, the future for the Islamist Fascists does not look bright at all.