Full Spectrum Dominance

The Saudis and US airlines both say that much of the high price of petroleum is due to speculation. The airlines are asking Congress to pass legislation to slow the bubble down. The Saudis have started to pump more and promise still more production. Their actions have not yet made much of a dent in oil prices.

There continue to be uncertainties regarding not only Iraqi production but Nigerian too.
Interesting all the hubub that was generated against the government of Myanmar turns out to have been so much hokum, way exagerated.

"YANGON, Myanmar — More than six weeks have passed since Cyclone Nargis swept through the Irrawaddy Delta in southern Myanmar, leaving a trail of flattened villages and broken lives and arousing international sympathy that turned to anguish as the military government obstructed foreign aid.

Now doctors and aid workers returning from remote areas of the delta are offering a less pessimistic picture of the human cost of the delay in reaching survivors.
They say they have seen no signs of starvation or widespread outbreaks of disease. While it is estimated that the cyclone may have killed 130,000 people, the number of lives lost specifically because of the junta’s slow response to the disaster appears to have been smaller than expected."
http://www.nytimes.com/2008/06/18/world/asia/18myanmar.html?ex=1214539200&en=036d069abf9c9a83&ei=5070&emc=eta1
Well, there is a reason the US was so desperate to get it's "aid workers" and military, and CIA into Myanmar. Myanmar is very strategic to the energy game. It's rich in natural gas and it borders China. It faces Arabia and Sudan and allows China to avoid the choke point at the Straight of Malacca. http://en.wikipedia.org/wiki/Choke_point
US "Full Spectrum Dominance" doctrine http://www.uwsp.edu/history/WIPCS/JSPC2004/Smith2.pdf
is about what it names itself, domination of the world, and that means among other things control over petroleum access.

Iis also apparent that Israel's interests figure into this mix. Israel is well represented in the US Congress, academia, media, and all aspects. Israel is active in Iraqi Kurdistan, an oil rich region that is virtually seceded from Iraq already and there is the little matter of the Haifa pipeline, and the destruction of the only single Arab force that could even begin to challenge Israel.
http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=1T4DMUS_enUS271US272&q=haifa+pipeline