Posted on 12/28/2011 6:14:33 AM PST by SeekAndFind
http://www.eia.gov/countries/cab.cfm?fips=IR
In my opinion, they will never close the straight. They could not afford the economic impact with any less damage to themselves compared to anyone else.
But if threatening to due so raises the price a bit now and then, I'm sure they will rattle their swords in their scabbards, show a photoshopped missile picture and enjoy the extra dollars.
I realize what it entails but maybe it’s time to call their bluff and let the chips fall. Iran is way past due to be taken down a notch.
Here’s a thought:
We import about 10 - 11 million barrels of oil a day.
The Alaska pipeline has 1 million barrels per day unused capacity and ANWR is 75 miles from the pipeline. Keystone II would provide about 800,000 barrels of oil per day.
Issue pending permits in the Gulf of Mexico could produce an additional 1 million barrels per day. All of this capcity is easier to defend thean the straits of Hormuz and closer to home.
Add to that increased use of natural gas, recoverd through fracking, and we can drop our imports by 4 - 5 million barrels per day, create about 500,000 high paid jobs and reduce our trade deficit by $140 billion per year.
I’m sure Obama will get right on your suggestions.
It’s been proven again and again that sanctions are worthless. We’ve been sanctioning Cuba my entire life.
Why provoke them when the prospects of success with it is so slim. Blast them with an elephant gun or leave them alone.
“Hey Iran! Remember that navy you used to have?”
“You lost another submarine, Achmed?”
Yea, but what about all those cute little cuddly duckies that might get their widdle feets covered in evil oil - hmmmm??
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