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2006-02-04 Syria-Lebanon-Iran

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Posted by Fred 2006-02-04 00:00|| || Front Page|| [11141 views since 2007-05-07] Top

#1 I feel a little more hopeful over this news, pressure on the Iranian terror regime seems to be causing resources to rapidly drain away. A few "accidents" in Iranian petroleum refineries and their electrical power stations would really put the screws to them. However, bringing oil prices down to $28 a barrel is a pipe dream.

Posted by Whutch Threth6418 2006-02-04 03:39|| 2006-02-04 03:39|| Front Page Top

#2 However, bringing oil prices down to $28 a barrel is a pipe dream.

Actually, it's not. I predict oil prices below $20/bb in the next 5 years after a huge surge in production from non-conventional sources. The US oilshales alone will supply the entire world with oil for more than a hundred years. And this ignores coal and nuclear energy, which in the big picture are fungible. That is, any increase in one energy source reduces demand for another.

Posted by phil_b">phil_b 2006-02-04 08:44|| http://autonomousoperation.blogspot.com/]">[http://autonomousoperation.blogspot.com/] 2006-02-04 08:44|| Front Page Top

#3 That is why we need an oil import fee to maintain the cost of imported oil at an inflation adjusted $50 per barrel so that these investments will pay off.

Posted by Nimble Spemble 2006-02-04 09:12|| 2006-02-04 09:12|| Front Page Top

#4 Iranï¿½s imports of raw uranium, mostly from Gabon and Niger, through France

Sounds like time for Mr. Valerie Plame to make another trip.

And I like the through France touch. Perhaps he can stop by to see his chum Jacques.

Posted by Nimble Spemble 2006-02-04 09:16|| 2006-02-04 09:16|| Front Page Top

#5 US oil shale conversion requires huge amounts of water. The oil shale is in the driest part of the country. Also, oil shale extraction makes a big mess - environmentalists will certainly slow down any massive expansion. Fear of another round of price drops will also slow down massive capital investment (every previous shortage and price escalation has ended with new supplies and a price collapse - but eventually that will not be true, because the Earth is finite.)

Posted by Glenmore">Glenmore 2006-02-04 09:19|| 2006-02-04 09:19|| Front Page Top

#6 I got yer Macho Talk right here, Mahmoud:

Meet you in the bathhouse at the usual time...

Posted by The Village People 2006-02-04 10:17|| 2006-02-04 10:17|| Front Page Top

#7 Iran: Macho Talk

Some $3 billion has been added to the regular defense budget in the form of a supplement for emergency ~~exigencies~~ exits under the direct control of the Supreme Guide Ali Khamenei.

The Supreme Guide has also created a High Council of ~~Military Planning~~ surrender monkeys under former Defense Minister Adm. Ali Shamkhani.

Import of sensitive ~~goods~~ turban wax has been increased to build up stocks to face sanctions.

Posted by RD 2006-02-04 10:41|| 2006-02-04 10:41|| Front Page Top

#8 and all streetlights are being removed as well as limited selling of rope

Posted by Frank G">Frank G 2006-02-04 16:07|| 2006-02-04 16:07|| Front Page Top

#9 Bullets work fine.

Posted by lotp 2006-02-04 16:08|| 2006-02-04 16:08|| Front Page Top

#10 I realize this article comes from the Arab News, out of Saudi Arabia, but this puzzles me:

Iran does not have any nuclear power station, and thus does not need any enriched uranium for at least another two years.

What do the Saudis think will happen two years from now?

Posted by trailing wife 2006-02-04 22:42|| 2006-02-04 22:42|| Front Page Top

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