On Jan 12, 2007, at 11:47 AM, Yoshie Furuhashi wrote:
> "Crude oil plunged another $2.14 a barrel, or 4% yesterday to $51.88
> on the New York Mercantile Exchange," -- down 15% since the beginning
> of the year and down 33% from the record high of $77.03 14 July 2006,
> says the WSJ (Mark Whitehouse, Ann Davis, Melanie Trottman, and Mike
> Spector, "Rapid Plunge in Price of Oil May Fuel Growth," 12 January
> 2007). That, along with last year's elections in Iran, this year's
> proxy war in Somalia, and the civil war in Palestine in which Tel Aviv
> and Washington are taking the side of Fatah, encourages the POTUS, who
> believes that "we are not winning, we are not losing," in its overall
> Middle East campaign if not in the Iraq War.
I don't get the connection here.