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Obama loser of Iran sanctions not Tehran: US expert

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posted on Mar, 12 2012 @ 10:16 AM
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Obama loser of Iran sanctions not Tehran: US expert

PressTV, Iran -- Mon Mar 12, 2012 2:41PM GMT

Professor Juan Cole the oil price rise has actually helped Iran financially
because even with some reduced sales, they have made more money.

Additionally, some nations are ignoring the sanction priorities !!

And Obama does seem to be getting the blame for high gas prices.



An American economic expert says the US President Barack Obama is the main loser of the Iran oil sanctions as Tehran is benefitting from soaring global crude prices as a result of the embargos.


In an article published by Oil Price website, Professor Juan Cole said Iran's threat to cut oil exports to European countries has already increased global oil prices, making up for any export loss that Tehran may have suffered as a result of sanctions.

“While Iran is producing about 500,000 barrels a day less today than what was typical for it in recent years, the [oil] price has risen over 20 percent in recent months,” he added.

The professor said, “If Iran made USD 250 million a day on petroleum exports of 2.5 million barrels a day at USD 100 a barrel, and if the exports have fallen to 2 million barrels a day, the crude price has risen to USD 124 per barrel and the [country’s overall oil] income is not that much reduced.”

Cole stated that even some reduction in Iran's oil sales to China is temporary because major Asian importers of Iranian crude are negotiating a price reduction. ....



I think the oil price increase was by design to begin with.

Many "speculators" have gotten rich (again) from recent spikes.

I think a lot of Iranian insiders had inside information.

When they know the price will go back down, the same ones

will short sell the contracts and get rich again (again) !!



Who is the Joke really on ??




posted on Mar, 12 2012 @ 10:27 AM
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Originally posted by xuenchen

Who is the Joke really on ??


The same as its always been on, THE JOKES ON ALL OF US.

We are the ones getting played by our governments and the Multi National companies that control them.
Every war that has be fought in this modern era has be based on monetary/ financial gains and not for anyone's freedoms.
This is just another example of this.



posted on Mar, 12 2012 @ 10:47 AM
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Originally posted by WozaMeathed

Originally posted by xuenchen

Who is the Joke really on ??


The same as its always been on, THE JOKES ON ALL OF US.

We are the ones getting played by our governments and the Multi National companies that control them.
Every war that has be fought in this modern era has be based on monetary/ financial gains and not for anyone's freedoms.
This is just another example of this.


Who would ever have thought that !!

I agree.

The guys with the big money are never enemies.



posted on Mar, 12 2012 @ 11:11 AM
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Originally posted by xuenchen

Originally posted by WozaMeathed

Originally posted by xuenchen

Who is the Joke really on ??


The same as its always been on, THE JOKES ON ALL OF US.

We are the ones getting played by our governments and the Multi National companies that control them.
Every war that has be fought in this modern era has be based on monetary/ financial gains and not for anyone's freedoms.
This is just another example of this.


Who would ever have thought that !!

I agree.

The guys with the big money are never enemies.



Yep, I agree with you too.

Its the guys with the money that are running this world, there the ones starting wars and there the ones profitting from them.
With them controlling everything from governments to big buisness we will be in constant war for profits.
These bastards dont care about which side they back or which side they fight for, to them the only thing they care for is their profit margins.
I wonder what the world would be like if they weren't in control anymore.
I think that we would probably all just get along and live in peace with one another....
But they dont want us doing that as there is no profit in peace.

edit on 12-3-2012 by WozaMeathed because: (no reason given)




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