Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Wed 11/09/2011 View Tue 11/08/2011 View Mon 11/07/2011 View Sun 11/06/2011 View Sat 11/05/2011 View Fri 11/04/2011 View Thu 11/03/2011
1
2011-11-09 Syria-Lebanon-Iran
'Iran invasion will triple oil price'
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Fred 2011-11-09 00:00|| || Front Page|| [9 views ]  Top
 File under: Govt of Iran 

#1 How high do 'Burgers think oil will go if Iran gets its nuclear weapons?
Posted by Anguper Hupomosing9418 2011-11-09 00:05||   2011-11-09 00:05|| Front Page Top

#2 Don't ever invade a shithole like Iran.
Use anything nasty you want just don't go do a ground invasion.
Posted by Water Modem 2011-11-09 01:23||   2011-11-09 01:23|| Front Page Top

#3 Not according to Canada.
Posted by g(r)omgoru 2011-11-09 02:30||   2011-11-09 02:30|| Front Page Top

#4 I think we'd see $25/gal easily before it disappeared altogether for a bit - The One would almost certainly make matters worse by trying to make sure everybody suffered 'evenly'.

Mike
Posted by Mike Kozlowski 2011-11-09 05:40||   2011-11-09 05:40|| Front Page Top

#5 All this does is make the speculators rich.

There is plenty of oil elsewhere to feed the world supply. We buy no oil from them. The oil speculators and the pests and vermin in the COMEX and Wall Street want everyone to believe this is what will happen...they want to be rich. I think we need to outlaw speculation on oil prices in the spot market.
Posted by Bill Clinton 2011-11-09 09:43||   2011-11-09 09:43|| Front Page Top

#6 Keystone.
Posted by bman 2011-11-09 10:17||   2011-11-09 10:17|| Front Page Top

#7 bman yea Keystone!. Then North Dakota. We have the potential to be the worlds biggest producer. We just have to get government out of the way. Good Jobs, money in the bank, pay off China and get this country back on solid ground. The House of Saud fear the Iranians work a deal with them if you have to. Temporally, they are an Ally (hopefully). So oil will jump a little with world economies so week demand can only go up big time if we have a severe winter. Similar to when Kuwait was on fire.
Posted by Dale 2011-11-09 11:04||   2011-11-09 11:04|| Front Page Top

#8 WEAK! Good Grief Charley!.
Posted by Dale 2011-11-09 11:11||   2011-11-09 11:11|| Front Page Top

#9 My problem with Keystone is it uses union labor to build a pipeline to Texas through the Ogallala aquifer and Right-to-Work states. What about processing it in North Dakota for distribution in the Midwest and beyond, creating many more jobs than just the pipeline?
Posted by Lumpy Elmoluck5091 2011-11-09 12:17||   2011-11-09 12:17|| Front Page Top

#10 Why not process it in Canada?
Posted by Canuckistan sniper 2011-11-09 13:39||   2011-11-09 13:39|| Front Page Top

#11 What about processing it in North Dakota for distribution in the Midwest and beyond

There are no refineries in ND, SD, or NE. The chance of the Obama admin approving new refineries? His moniker - Zero. There are a few small refineries in Kansas, but they can handle on a small fraction of the pipeline's capacity. The next largish refinery capacity (<1M bbl/day) is in Illinois, but if your gonna go that far, might as well just go the oil terminus at Cushing, OK (which it does).
Posted by Eohippus Phater7165 2011-11-09 13:41||   2011-11-09 13:41|| Front Page Top

#12 Iran exports 2.5M bbl/day and decreasing. That is about what Iraq exports and about half what Iraq is expected to export in a few years. Unless Iran expands the war to all the Persian Gulf countries, their production won't be missed, except the by kleptomaniac ayatollahs.
Posted by Eohippus Phater7165 2011-11-09 13:47||   2011-11-09 13:47|| Front Page Top

#13 Why not process it in Canada?

You still need pipelines (now multiple) to export it.
Posted by Eohippus Phater7165 2011-11-09 13:48||   2011-11-09 13:48|| Front Page Top

#14 Only until we steal all your Oil!
Posted by CrazyFool 2011-11-09 15:18||   2011-11-09 15:18|| Front Page Top

#15 There might be a targeting of Iran's nuke capability but IMHO there's not going to be an invasion. Oil prices would most likely go up unless production increases elsewhere.
Posted by JohnQC 2011-11-09 15:27||   2011-11-09 15:27|| Front Page Top

#16  Unless Iran expands the war to all the Persian Gulf countries Most likely they intend to do just that, starting with sinking a tanker or two in the Strait of Hormuz. Just the insurance premiums for oil transports would damage the world economy.
Posted by Anguper Hupomosing9418 2011-11-09 17:40||   2011-11-09 17:40|| Front Page Top

#17 There's enough intel indicating that Iran's Quds Force assets are embedded in the Gulf nations (as well as other places). It's possible that those governments are aware of who and where those assets are, and might be ready to take action.

However, I'd bet on there being significant disruption. And the Iranians wouldn't necessarily have to sink a tanker.
Posted by Pappy 2011-11-09 21:03||   2011-11-09 21:03|| Front Page Top

#18 "Iran invasion will triple oil price..."

A bargain at twice the price.
Posted by Angoper Smith4384 2011-11-09 21:52||   2011-11-09 21:52|| Front Page Top

23:47 Uleatch Dribble8106
23:33 Steven
23:17 Silentbrick - Halliburton Lost Drill Bit Division
22:33 trailing wife
22:12 JosephMendiola
22:03 rammer
22:03 Skidmark
21:56 phil_b
21:53 Anonymoose
21:52 Angoper Smith4384
21:51 JosephMendiola
21:44 JosephMendiola
21:43 Secret Asian Man
21:35 JosephMendiola
21:33 Alaska Paul
21:09 JosephMendiola
21:03 Pappy
20:54 lotp
20:43 newc
20:43 texhooey
19:53 newc
19:47 newc
19:42 rjschwarz
19:35 JosephMendiola









Paypal:
Google
Search WWW Search rantburg.com