Israel may very well attack Iran’s nuclear facilities if the hardliner Iranian President Mahmoud Ahmadinejad is re-elected tomorrow. Israel thinks that if elected, Ahmadinejad will continue to develop nuclear weapons.  And, Israel can’t afford to wait for international efforts to bring Iran’s enrichment to an end.

High natural gas prices mean strong demand for drill rigs. More demand means higher day-rates for the rigs. That means it’s a great time to own drillers.