AlbemarleNC0003
Member
- Joined
- Jan 9, 2008
- Messages
- 843
I'm quite convinced that AJ is only using RP for ratings and to gain the trust of RP's supporters.
Amen. Hallelujah!
I'm quite convinced that AJ is only using RP for ratings and to gain the trust of RP's supporters.
Yet even as remote as the Iranian threat may be, others note that past attempts to create new markets have not been greeted warmly. None other than Saddam Hussein decided to sell oil only in contracts dominated in euros - in the months before he was ousted by a US-led military invasion.
The Iranian regime is certainly not looking to provoke a similar reaction, experts say, but on the other hand it is taking similar stabs at the global economic system as it faces waves of mostly Western-based criticism. "Basically they are just throwing stuff out," says Carnegie's Mr. Perkovich, "throwing out these ideas in an effort to stay on the offensive."
For those interested. Here is a credible source CHRISTIAN SCIENCE MONITOR for the oil/euro story in Iran. They were supposed to do it in 2006, 2007. About the same time we started hearing screams of a surge.
http://www.csmonitor.com/2005/0830/p03s01-wome.html
WOW! at least one RP supporter isn't brainwashed by AJ!Amen. Hallelujah!
WOW! at least one RP supporter isn't brainwashed by AJ!
Jan. 14 (Bloomberg) -- Crude oil traded near a three-week low in New York on concern slowing global economic growth will trim demand.
U.S. President George W. Bush yesterday warned Arab allies in the Gulf of the dangers posed by neighboring Iran, the region's second-biggest oil producer and exporter.
Anybody think this is BS?
It's BS.
http://www.theoildrum.com/story/2006/3/1/3402/63420
This site has lot's of people in the industry gears(non owners).
Some reason's why....
There's a very good chance claimed OPEC reserves are exaggerated.
World production stopped increasing in late 2004.
Decline rates of existing production are very high
Hubbert Linearization points to peak oil
- At least one major oil company is warning us
The price of oil keeps going up.
THIS is why we are in Iraq to control one of the least exploited massive reserves left.
It's BS.
http://www.theoildrum.com/story/2006/3/1/3402/63420
This site has lot's of people in the industry gears(non owners).
Some reason's why....
There's a very good chance claimed OPEC reserves are exaggerated.
World production stopped increasing in late 2004.
Decline rates of existing production are very high
Hubbert Linearization points to peak oil
At least one major oil company is warning us
The price of oil keeps going up.
THIS is why we are in Iraq to control one of the least exploited massive reserves left.