Bin Laden knew in 2005 what oil prices should be
And in another tape aired two weeks prior, on Dec. 16, Bin Laden uses economic concepts to explain why the price of oil should be $100 a barrel. He argues that while the prices of other commodities mainly imported from the West have multiplied, the price of oil decreased to as low as $9 per barrel in the 1990s.
Egyptian economist an energy expert Dr. Hussein Abdullah strongly argues on Al Jazeera against destroying Arab oil installations. Instead, he says, Arabs should make sure that oil is sold at a fair market value, which he estimates to be $50 dollars a barrel, taking into consideration the decrease in the dollar's value, inflation and the increase in international demand for oil.