12/16/2004

“In a taped message broadcast on an Islamic website posted on 16 December 2004, bin Laden proclaimed that ‘oil prices should be at least $100 per barrel.’ Almost immediately, al Qaeda in the Arabian Peninsula issued a statement urging jihadis there to focus on oil targets. These announcements alone caused that month’s crude oil to spike by 5 per cent on the NYMEX commodities exchange.”

 – Abdel Bari Atwan, The Secret History of al Qaeda, Page 175