Sunday, August 10, 2008

Russia-Georgia conflict will raise oil prices

Russia invaded georgia. I've expected Putin to go expansionist for some time. When he installed Medvedev, long-time Putin-crony, as president, this was fairly clear. You don't start shifting your own position in government until you are absolutely sure that your domestic political security is assured.

Anywho, the war in georgia is going to affect you at the tank. Oil from the Caspian runs through there. or did. I doubt that it will continue to run for long. So, start hoarding fuel and food my friends. As the chinese would say, our lives are about to get interesting.