From the expert on the international oil industry - Jack the Sailor

"That insurgency has been blowing up pipelines."

Good heavens Jack has it !!!! Can you explain how Iraq is producing and exporting more oil now than since before 1990? Must be awfully difficult with all these pipelines being blown up, but what the hell the figures cannot lie.

"The civil war has also disrupted production."

Really Jack??? What "civil war is that? Please enlighten us all.

"There was a battle over the major oil port this year."

Oh yes so there was, a battle that the Iraqi Government forces won if I remember correctly, care to contradict me Jack?

"There are fears that the war will spread to Iran or to the Saudi side of the gulf or both."

Fears that what war will spread Jack?? The "civil war"?? The "War against terror"?? Or some other war that you are going to dream up??

"But no, the uncertainty over oil prices is because of Hugo Chavez."

Now who on earth said that the increase in the price of oil per barrel was solely due to that populist wanker Hugo Chavez?? You Jack the Sailor?? Certainly not me.