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2006-12-26 Syria-Lebanon-Iran
Iran's oil exports may disappear
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Posted by Fred 2006-12-26 00:00|| || Front Page|| [10 views since 2007-05-07]  Top

#1 But the report said the country could be destabilized by declining oil exports, hostility to foreign investment to develop new oil resources and poor state planning, Stern said.

Yet somehow, amid the untold billions of dollars, no factories were set up, no universities were built, no hospitals provided to the communities, just billions and billions spent on terrorist aggression.

Isn't this a crime against humanity, against the Iranian people specifically? How many, like those in Bam, are dying due to lack of better conditions from all the diverted wealth? Aren't ongoing crimes against humainty the case almost without exception wherever Sharia law is active? Just askin'.
Posted by Zenster">Zenster  2006-12-26 01:02||   2006-12-26 01:02|| Front Page Top

#2 Everybody should call iran the Islamic Paradise (like Cuba is the worker's paradise).
Posted by mhw 2006-12-26 08:30|| http://hypocrisy-incorporated.blogspot.com/]">[http://hypocrisy-incorporated.blogspot.com/]  2006-12-26 08:30|| Front Page Top

#3 ...And as the Iranian economy is NOT in good shape now, we need to remember Galtieri's Law: When things get really bad, start a war against somebody we THINK won't shoot back.

Mike
Posted by Mike Kozlowski 2006-12-26 09:49||   2006-12-26 09:49|| Front Page Top

#4 Iran is suffering a staggering decline in revenue from its oil exports,

Bullshit. The Sept. 11 atrocity and the weak American response has been the best thing to ever happen to muslim oil exporters.
http://www.house.gov/jec/studies/rr109-31.pdf
Iran oil exports:
2002 $18.5 billion
2003 $23.7 billion
2004 $32 billion
2005 $46.6 billion
2006 $60+ billion (my est. 2.7M barrels at $60+)

So Iranian oil income (and every other muslim oil tick) has tripled since Sept 2001.
Posted by ed 2006-12-26 10:11||   2006-12-26 10:11|| Front Page Top

#5 Thanks for that link ed.

For Iran if power is the problem, oil and gas would be a lot cheaper then nuclear.

Posted by Bernardz 2006-12-26 10:50||   2006-12-26 10:50|| Front Page Top

#6 The figures ed shows do not account for the Iranian import of refined products.
Posted by mhw 2006-12-26 11:34|| http://hypocrisy-incorporated.blogspot.com/]">[http://hypocrisy-incorporated.blogspot.com/]  2006-12-26 11:34|| Front Page Top

#7 here is some more from an Israeli research site
http://www.imra.org.il/story.php3?id=32159
they get their numbers from a variety of sources (and they do the kind of extrapolation that ed did also).

----------------------------

One of the main reasons why spending from the OSF has been so high has been the need to import uel. Iran's imports of mineral products, fuel, oil
products, and their derivatives (including gasoline) have increased rapidly. In FY 2000-2001, the cost of imports came to $330 million and during FY 2004-2005 they totaled just over $3 billion.[13] In May 2005, President Mahmoud Ahmadinejad was quoted as saying that gasoline imports were costing $5 billion per year. Domestic production was 42 million liters per day, and imports were 25-26 million liters per day.[14] This meant that imports accounted for almost 38 percent of domestic demand. The International Energy Agency (IEA) stated that in 2003, Iran's gasoline output met only 40 percent
of domestic demand. It also stated that gasoline imports in 2003 were 95 kb/d, costing $1.1 billion, and in 2004 they totaled 160 kb/d, costing $4.5 billion.[15]

Iran has to import petroleum products, because its refineries are inadequate both qualitatively and quantitatively. In January 2005, Iran had nine oil refineries, most of which were built before the 1979 revolution. In 2005, they had a combined capacity of 1.684 million barrels per day (b/d).[16]

Posted by mhw 2006-12-26 12:39|| http://hypocrisy-incorporated.blogspot.com/]">[http://hypocrisy-incorporated.blogspot.com/]  2006-12-26 12:39|| Front Page Top

#8 Yeah, but even if $5 billion is a lot for gas imports, $45 billion w/ $20-some billion of *that* being increases since 2001 more than makes up for the increasing costs. Even if the trend lines are converging, one of the basic economic rules of thumb is "don't extrapolate trend lines beyond the limits of common sense".
Posted by Mitch H.">Mitch H.  2006-12-26 14:14|| http://blogfonte.blogspot.com/]">[http://blogfonte.blogspot.com/]  2006-12-26 14:14|| Front Page Top

#9 if the trend continues income could virtually disappear by 2015

Not soon enough.
Posted by gromgoru 2006-12-26 14:58||   2006-12-26 14:58|| Front Page Top

#10 if the trend continues income could virtually disappear by 2015

Screw this "virtually" shit. I want "actually" and I want it a whole lot sooner than 2015.
Posted by Zenster">Zenster  2006-12-26 15:12||   2006-12-26 15:12|| Front Page Top

#11 It could decrease and die, or it could be bolstered by billions of Chicom and Russian $ as an ace in the hole for them. We should move on this if we want a taste.
Posted by bigjim-ky 2006-12-26 20:59||   2006-12-26 20:59|| Front Page Top

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