However, a senior executive at an oil company not involved in the advertising campaigns speculated that his counterparts were attempting to buy themselves some slack to go after the messier, more expensive, dirty oil. Another executive said it may buy some sympathy for the difficulty many companies are having in increasing their production and reserves.

Neil McMahon, an analyst at brokerage Sanford Bernstein, said: “We think these messages are at odds with the comments normally made to investors regarding future oil prices and the ability of producers to meet demand, and we wonder if perhaps those messages are actually a better indicator of the companies’ thinking.”

Also, this interesting snippet:

Meanwhile, a recent simulation exercise showed that terrorists struck oil facilities in the US and Saudi Arabia, pushing oil prices to a record 120 dollars. It goes further to “project” that oil price might rocket to 160 dollars a barrel, after a “simulated” violence in Saudi Arabia which causes evacuation of foreign nationals with oil expertise, ending the country’s abilityto increase oil production.

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