Watch the Price of Oil
Posted on: October 17, 2008

David Weinberg, the director of the CIC’s Israel office, recommends this blog post by veteran diplomat and analyst Lenny Ben David:

Watch the Price of Oil.  This Is a Very Serious Issue

The world’s attention is focused today on the international financial crisis and the American elections. But another significant development is also taking place. Since the previous blog, the price of a barrel of oil has continued to drop precipitously, and as of this writing sank to under $70 per barrel, less than half of the $147 posting from July.

Read the whole post here »