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Brent At $126 As Israel Security Cabinet Votes 8 To 6 To Attack Iran

Zero Hedge -- Looking at the tranquil sea that is the S&P one may be forgiven to ignore the rapid intraday surge in Brent which was up over $3 in a few hours, approaching $126 once again. But why?..

Maybe ..this. According to Israel's NRG, in a just completed cabinet vote, for the first time Netanyahu has gotten a majority (8 over 6) supporting an Iran attack. NRG also notes that at this point Israel has decided to not wait until the US elections in November before proceeding with sending crude to the stratosphere. From NRG (google translated): "Israeli political sources believe that Prime Minister Benjamin Netanyahu a majority Cabinet support Israeli military action against Iran without American approval..He announced that he wouldn't hesitate to perform the operation without the approval of President

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Submitted Mar 17, 2012 By: ccf_jeff

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esquared Champion Author Oklahoma City Posts:8,072 Points:1,971,085 Joined:Jan 2006	Message Posted: Mar 17, 2012 11:08:25 PM Ignore esquared Report Abuse Speculators will jump on any excuse to raise prices.
woodeye55 Champion Author Gary Posts:7,371 Points:1,858,705 Joined:Mar 2006	Message Posted: Mar 17, 2012 11:05:50 PM Ignore woodeye55 Report Abuse 2012.....the end of the world is near.
Lukus Champion Author Halifax Posts:8,289 Points:1,676,350 Joined:Nov 2007	Message Posted: Mar 17, 2012 11:04:26 PM Ignore Lukus Report Abuse OK, we will have to live with whatever price comes to us. CONSERVE.
judgemobile Champion Author Ohio Posts:7,575 Points:2,446,110 Joined:Nov 2005	Message Posted: Mar 17, 2012 11:03:57 PM Ignore judgemobile Report Abuse maybe Bummer will go to Jerusalem and bow down to Israel for having the GUTS to do what is needed while he kow-tows to Muslims.
putt putt All-Star Author Maine Posts:959 Points:980,055 Joined:May 2004	Message Posted: Mar 17, 2012 11:03:13 PM Ignore putt putt Report Abuse I feel so sorry for the Israelis. They are under constant attack. On Netanyahu's previous visit to the White House he was blown off and told "I have to go have dinner with my family now." Talk about a slap in the face. Talk about no class. The president wouldn't dare treat somebody from Hollywood like that. He hasn't been in Israel's corner for a long time, and they know it. And how about the time in France when he thought the mike was off. He made a very classless remark about having to deal with Netanyahu every day. They're at the end of their rope and they may strike to avoid being annihilated. Now all of a sudden they're supposed to give the White House their strategy for attacking Iran? If you were them, would you?
spierce14535 Rookie Author Delaware Posts:45 Points:10,625 Joined:Jun 2011	Message Posted: Mar 17, 2012 11:01:52 PM Ignore spierce14535 Report Abuse Look out.
DrLyon Champion Author Michigan Posts:6,655 Points:1,212,805 Joined:May 2006	Message Posted: Mar 17, 2012 11:01:38 PM Ignore DrLyon Report Abuse Don't like Bent prices...
NorthglennBill Champion Author Denver Posts:7,432 Points:1,473,895 Joined:Oct 2008	Message Posted: Mar 17, 2012 11:00:01 PM Ignore NorthglennBill Report Abuse Iran should know by now not to make Isreal mad.
rjhenn Champion Author Des Moines Posts:22,451 Points:2,230,900 Joined:Aug 2005	Message Posted: Mar 17, 2012 10:59:31 PM Ignore rjhenn Report Abuse BKool - "Iran fired over 200 rockets between Fiday last and this past Monday. This barrage affected 45% of Israel's population. How would Americans feel if we had 155 million people ducking into shelters?" WTH are you babbling about?
amgine27 Champion Author New York Posts:1,278 Points:307,665 Joined:Aug 2008	Message Posted: Mar 17, 2012 10:59:19 PM Ignore amgine27 Report Abuse ok
mrbee Champion Author Little Rock Posts:3,763 Points:2,467,560 Joined:Oct 2005	Message Posted: Mar 17, 2012 10:55:51 PM Ignore mrbee Report Abuse Looks like someone is going to have the guts to deal with Iran.
singlemom27 Champion Author Ventura Posts:3,118 Points:641,160 Joined:Apr 2011	Message Posted: Mar 17, 2012 10:55:12 PM Ignore singlemom27 Report Abuse any excuse
goodbuy Champion Author Michigan Posts:7,673 Points:1,423,555 Joined:May 2005	Message Posted: Mar 17, 2012 10:53:59 PM Ignore goodbuy Report Abuse ka-BOOM!!
Pumpz Sophomore Author Boston Posts:197 Points:887,125 Joined:Apr 2004	Message Posted: Mar 17, 2012 10:51:23 PM Ignore Pumpz Report Abuse Good thinking.
gasokie Champion Author Oklahoma Posts:3,448 Points:1,326,225 Joined:May 2007	Message Posted: Mar 17, 2012 10:50:58 PM Ignore gasokie Report Abuse It'll be nice when we don't have to depend on those dolts over there anymore.
TedNC Champion Author North Carolina Posts:1,005 Points:228,900 Joined:May 2011	Message Posted: Mar 17, 2012 10:50:12 PM Ignore TedNC Report Abuse Now why would a Muslim President want to help Israel? Go Israel and make them towelheads glow in the dark!
Agarre Champion Author Richmond Posts:1,335 Points:263,785 Joined:Feb 2012	Message Posted: Mar 17, 2012 10:46:54 PM Ignore Agarre Report Abuse $126
dancygreen Champion Author Twin Cities Posts:2,068 Points:486,735 Joined:Sep 2011	Message Posted: Mar 17, 2012 10:44:35 PM Ignore dancygreen Report Abuse blah blah... being close to oil fields should make for cheaper prices at pumps
Blue48 Champion Author Illinois Posts:7,315 Points:1,639,895 Joined:Feb 2007	Message Posted: Mar 17, 2012 10:38:44 PM Ignore Blue48 Report Abuse A VERY VOLATILE MARKET!
BKool Champion Author Michigan Posts:5,268 Points:1,901,280 Joined:Aug 2005	Message Posted: Mar 17, 2012 10:37:57 PM Ignore BKool Report Abuse Iran fired over 200 rockets between Fiday last and this past Monday. This barrage affected 45% of Israel's population. How would Americans feel if we had 155 million people ducking into shelters? To his shame, President Obama offers ZERO help to the coming genocide of 6 million people again. Does that number ring a bell Mr. President? The world proclaimed it would not happen again. They lied.
tippybuddy Champion Author Ontario Posts:1,523 Points:207,740 Joined:Feb 2011	Message Posted: Mar 17, 2012 10:33:13 PM Ignore tippybuddy Report Abuse ok
skyking19 Champion Author Little Rock Posts:2,006 Points:1,700,665 Joined:Jan 2007	Message Posted: Mar 17, 2012 10:32:38 PM Ignore skyking19 Report Abuse They got to do what they got to do. So do we.
scotgiant Rookie Author Michigan Posts:88 Points:10,790 Joined:Feb 2012	Message Posted: Mar 17, 2012 10:30:56 PM Ignore scotgiant Report Abuse Israel has a right to defend themselves as they see fit. As an ally the US just need to do what it thinks is in it's own best interest by majority vote. We need to go back to being a Republic as intended and quit policing the world.
Tegger Champion Author Ontario Posts:3,128 Points:1,647,485 Joined:Nov 2005	Message Posted: Mar 17, 2012 10:26:13 PM Ignore Tegger Report Abuse Just what the world needs, more idiots
radstevepa Veteran Author Pennsylvania Posts:401 Points:87,145 Joined:Jun 2011	Message Posted: Mar 17, 2012 10:23:04 PM Ignore radstevepa Report Abuse Good luck going it alone our troops need a break from fighting isreal enemys.
DancingDee Champion Author Gary Posts:4,384 Points:1,056,765 Joined:Jul 2005	Message Posted: Mar 17, 2012 10:22:13 PM Ignore DancingDee Report Abuse IF WE WITHDREW THE MANY MILLIONS OF DOLLARS WE'RE GIVING TO ISRAEL, I'M SURE THEY'D QUICKLY STOP THEIR PLAN TO ATTACK IRAN!!!!!!
HEBster Champion Author Kentucky Posts:8,793 Points:2,375,000 Joined:May 2006	Message Posted: Mar 17, 2012 10:21:36 PM Ignore HEBster Report Abuse & it's only March...
sammy518 Champion Author Austin Posts:2,589 Points:539,790 Joined:Dec 2010	Message Posted: Mar 17, 2012 10:16:30 PM Ignore sammy518 Report Abuse ok
bif65 Champion Author Virginia Posts:1,023 Points:195,755 Joined:Jan 2011	Message Posted: Mar 17, 2012 10:14:00 PM Ignore bif65 Report Abuse ok
jb107 Champion Author New Jersey Posts:9,559 Points:2,622,975 Joined:Sep 2005	Message Posted: Mar 17, 2012 10:13:58 PM Ignore jb107 Report Abuse What did our crude do?
BlueVanGroup Champion Author Colorado Posts:7,209 Points:1,529,470 Joined:May 2008	Message Posted: Mar 17, 2012 10:13:31 PM Ignore BlueVanGroup Report Abuse "A senior official said Bibi believed it would be best not to wait for the November presidential elections because he didn't trust the president to deal with the problem after the election." -------- Best not to trust this president before the election either.
Toppers Champion Author Atlanta Posts:9,022 Points:2,472,645 Joined:Mar 2005	Message Posted: Mar 17, 2012 10:13:26 PM Ignore Toppers Report Abuse Guess the pricing after an attack...
slowpoke63 Champion Author Louisiana Posts:2,742 Points:888,115 Joined:Jul 2009	Message Posted: Mar 17, 2012 10:12:06 PM Ignore slowpoke63 Report Abuse Ok
DustyHorse Champion Author Virginia Posts:6,093 Points:1,393,120 Joined:Oct 2008	Message Posted: Mar 17, 2012 10:10:28 PM Ignore DustyHorse Report Abuse That sounds intense.
cateyes8264 Champion Author Tennessee Posts:2,957 Points:643,365 Joined:Jul 2011	Message Posted: Mar 17, 2012 10:08:20 PM Ignore cateyes8264 Report Abuse ok
dollarwatcher Champion Author Wisconsin Posts:7,950 Points:1,536,195 Joined:Mar 2007	Message Posted: Mar 17, 2012 10:05:54 PM Ignore dollarwatcher Report Abuse Blow um off the map.
boborobot All-Star Author Michigan Posts:501 Points:418,425 Joined:Dec 2011	Message Posted: Mar 17, 2012 10:04:52 PM Ignore boborobot Report Abuse Good for Israel.
itzagasgasgas1 Champion Author Cincinnati Posts:3,979 Points:1,600,470 Joined:Aug 2005	Message Posted: Mar 17, 2012 10:00:47 PM Ignore itzagasgasgas1 Report Abuse Bad news for everybody. Why does Iran want to destroy Israel? Religious tensions. AAARRRGGGH!
danlanman Champion Author North Carolina Posts:3,337 Points:723,435 Joined:May 2011	Message Posted: Mar 17, 2012 9:58:46 PM Ignore danlanman Report Abuse trouble is brewin'
tmcsret Champion Author Houston Posts:15,424 Points:2,591,885 Joined:Nov 2005	Message Posted: Mar 17, 2012 9:56:14 PM Ignore tmcsret Report Abuse Go for it.
Ebaz Champion Author Oklahoma City Posts:3,251 Points:716,285 Joined:Apr 2011	Message Posted: Mar 17, 2012 9:55:50 PM Ignore Ebaz Report Abuse This is bad news for everyone. Lucky thing the defense budget was significantly reduced starting this FY. (sarcasm).
NemoIL Champion Author Illinois Posts:3,030 Points:1,314,195 Joined:Aug 2008	Message Posted: Mar 17, 2012 9:53:53 PM Ignore NemoIL Report Abuse Go Israel! The last thing we need are the radical islamic throwbacks in Iran possessing an atomic weapon.
AcuraTSX Champion Author Ohio Posts:5,499 Points:2,183,105 Joined:Dec 2005	Message Posted: Mar 17, 2012 9:45:38 PM Ignore AcuraTSX Report Abuse Israel has the right and obligation to defend their people.
Rooster922 Champion Author Wilmington Posts:3,798 Points:658,020 Joined:Jan 2009	Message Posted: Mar 17, 2012 9:42:11 PM Ignore Rooster922 Report Abuse Quote: Think about it for just a second, if someone were in a position to tell the US that they were going to wipe us off the face of the Earth" ======= So you are justified to strike first. How many times someone (friend or relative) say in anger "I'll kick your ass" or "I'll knock your brain off". Will you preemptive shoot the bastard? That were to distinguish balance brain from untrained sick brain. [Edited by: Rooster922 at 3/17/2012 9:43:04 PM EST]
cwashi3324 Champion Author Cincinnati Posts:2,807 Points:574,265 Joined:May 2009	Message Posted: Mar 17, 2012 9:38:24 PM Ignore cwashi3324 Report Abuse Just plain wrong.
garyr86 Champion Author Michigan Posts:1,998 Points:604,665 Joined:Dec 2010	Message Posted: Mar 17, 2012 9:36:47 PM Ignore garyr86 Report Abuse Israel has to defend herself against an enemy who says out loud that they want to destroy Israel.
V8power Champion Author Pennsylvania Posts:2,821 Points:1,380,970 Joined:Oct 2005	Message Posted: Mar 17, 2012 9:34:55 PM Ignore V8power Report Abuse Smart Israel. If you wait on Obama, it'll never happen.
pastorpaulcg Champion Author Virginia Posts:3,615 Points:775,785 Joined:Dec 2010	Message Posted: Mar 17, 2012 9:33:20 PM Ignore pastorpaulcg Report Abuse Troubling
LCSTEELERBOB Champion Author Gary Posts:2,961 Points:720,130 Joined:Oct 2008	Message Posted: Mar 17, 2012 9:32:55 PM Ignore LCSTEELERBOB Report Abuse so lets boycott speedway then gas prices will go down, as they are the first ones that start raising prices and then everone else follows in north west indiana
Mermaan Champion Author Boston Posts:1,572 Points:421,235 Joined:Apr 2011	Message Posted: Mar 17, 2012 9:31:52 PM Ignore Mermaan Report Abuse Oh god...
duffee01 All-Star Author Mississippi Posts:781 Points:429,090 Joined:Sep 2011	Message Posted: Mar 17, 2012 9:30:35 PM Ignore duffee01 Report Abuse Think about it for just a second, if someone were in a position to tell the US that they were going to wipe us off the face of the Earth, wouldn't you want your leaders to do a pre-emptive strike if necessary. They are surrounded by people that don't like them and don't really have many nations that would come to their rescue. Also, I'm not sure that obama would lift a finger to help them out either.
warlord1 Champion Author Georgia Posts:5,255 Points:1,035,950 Joined:May 2010	Message Posted: Mar 17, 2012 9:30:27 PM Ignore warlord1 Report Abuse ok