I think Bin Laden’s capture has much to do with it. Now he’s dead, his organization has just been fractured and this will lead to a lot less terrorism from them. They are all likely scrambling for power and they will be disorganized for some time.
quite possible
Or, the Saudis just realized that we can snuff them at any time.
Has there been a lot of terrorism from them during the gas price run-up?
I doubt the death of OBL has anything to do with it.
Conversely, you could have an organization that now has individuals vying for control, and looking to make a name for themselves in order press their claim/s for leadership. This would likely lead to a short-term benefit where players realign within the organization, then the impetus to show an ability to generate results.
Let's face it, the Western World is a pretty target rich environment for a bunch of cave-dwellers. Given the propensity for many Americans to bury their heads into their Ipods/Ipads, most would never see it coming.
Complacency is the friend of the enemy. This is directly relative to the situation of America today. Too many people "not" paying attention to the incremental attack on America by the Left.
The nature of the terrorists cells are such there is no central organization. This will disrupt some, but not long term.
Cell organizations are set up for exactly this reason.
We shall see what happens, but I do know the supply was building up. Contacts said the crude storage business was expanding.
1) Bin Laden’s killing
2) Filled up all the tankers so they can’t float the oil offshore
3) The refusal of the European Central Bank to raise interest rates indicates that economic activity is still not growing at a sufficiently high rate.
4) US demand dropped
All four.