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Iran Accord Likely to Push Oil Prices Down [1 Million Barrels a Day Could Return to Global Markets]
Wall Street Journal ^ | Nov 24 2013 | TATYANA SHUMSKY

Posted on 11/24/2013 3:05:43 PM PST by WilliamIII

Oil prices are likely to drop, analysts said, as the nuclear accord between Iran and six world powers potentially paves the way for more crude oil to reach the global market.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs; Front Page News; Germany; Israel; News/Current Events; Russia; Syria; United Kingdom; War on Terror
KEYWORDS: china; france; germany; iran; israel; lebanon; nucleariran; obamairandeal; obamanucleariran; oil; oilprices; russia; secstatekerry; syria; turkey; unitedkingdom; waronterror
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To: fella
Last time a weak American President negotiated with Iran....


41 posted on 11/24/2013 5:38:32 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: WilliamIII
Never in the history of US Soviet relations has the US designated the Soviet Union a state sponsor of terrorism.

Currently there are four such countries designated by the United States as state sponsors of terrorism.

These countries are Syria, Cuba, Sudan, and Iran.

Essentially Obama is cutting a deal to provide economic relief to a country that is officially on the US government list of countries that sponsor terrorism.

42 posted on 11/24/2013 7:05:58 PM PST by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: Gabrial

Are you saying the Soviets weren’t sponsoring terrorism?

You have a lot to learn. Start with the famous book by Claire Sterling, The Terror Networks.


43 posted on 11/24/2013 7:14:25 PM PST by WilliamIII
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To: WilliamIII

I hereby apologize to Israel, on behalf of all REAL Americans. Many Americans suspect President Muhummad Al-Obama is a Kenyan, but few know Valerie Jarret, who secretly negotiated this “deal”, is Iranian. PERSIAN. Check Wikipedia or Google it.


44 posted on 11/24/2013 7:19:23 PM PST by 2harddrive
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To: WilliamIII
BS,
If that were the case, why is Russia for it?
45 posted on 11/24/2013 7:23:58 PM PST by expat2
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To: WilliamIII

No, I am not saying that. I am saying the US State Department has never designated the Soviet Union as a state that sponsors terrorism. Nor has it listed many other countries that have done the same.

Like it or not, historically the US has limited the number of states it puts on the state sponsor of terrorism list because the ramifications of being on the list are severe and codified in law.

If you go to the US State Department website you can see what it means to be on this list. Iran is one of four on the list, and Obama is cutting a deal to give economic relief to Iran.

That is what I am saying.


46 posted on 11/24/2013 7:30:12 PM PST by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: thackney

Comments?


47 posted on 11/25/2013 5:53:14 AM PST by 1010RD (First, Do No Harm)
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To: Gabrial; ElkGroveDan

You said: I am saying the US State Department has never designated the Soviet Union as a state that sponsors terrorism.

My comment: Big friggin deal. Whatever report the State Department did or didn’t issue, The Soviets were terror sponsors — that’s a fact, Jack — but Reagan still negotiated with them. Was Reagan a “Neville Chamberlain”?


48 posted on 11/25/2013 9:41:32 AM PST by WilliamIII
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To: Owen; GeronL

Wrapped in a 7 Bil dollar gift to the Mullahs to kill Jews and Americans.

I think you can figure out where a lot of that American ‘aide’ will go. Valerie’s boys.

“Top Iranian Mullahs Corrupt, Official Says”

http://www.newsmax.com/KenTimmerman/iranian-mullahs/2008/06/10/id/339882

Iran will choke on its own oil puke.
________________________________

DRILL HERE, DRILL NOW!


49 posted on 11/25/2013 11:50:01 AM PST by 444Flyer (How long O LORD?)
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To: WilliamIII; GeronL; All

Say, looking over your posts in forum, you seem to be one of these insidiously subtle trolls...feeding the Viking kitties just enough catnip to keep the “zots” at bay.

John Kerry got rolled like a pudgy old drunk on a park bench. Knowing his history, he never met an enemy of the United States that he couldn’t find any agreement with. We are worse than “Jengis Kahn” according to him; didn’t you know that?


50 posted on 11/25/2013 12:25:33 PM PST by mdmathis6
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To: GeronL
I thought the money is Iranian money that is frozen in western banks. The other money they'd get is from the sell of oil and other goods.

We'd be "giving" Iran nothing.

51 posted on 11/25/2013 12:27:50 PM PST by grania
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To: grania

That is what it says, but I have an idea that something else is going on there.


52 posted on 11/25/2013 12:31:37 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: WilliamIII
Those darn Saudis...

hmmmm...all of the 911 terrorists were Saudis. Osama BinLaden was a Saudi. The Saudis are still funding terrorists in Syria. They oppose anyone buying Iranian oil, thus keeping the demand and price for their oil high.

Maybe the US should choose better friends.

53 posted on 11/25/2013 12:32:16 PM PST by grania
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To: mdmathis6

Has he said anything worth zotting yet?

If not, we can wait. A good opus is worth it. :p


54 posted on 11/25/2013 12:33:53 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: GeronL

His postings always seem to start with the right lingo then shift the conversations leftward...but he might just be a true man of the mushy middle!


55 posted on 11/25/2013 12:38:33 PM PST by mdmathis6
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To: mdmathis6

He might be the Michelin Man? Stay Puffed Marshmallow Man? Wooden Indian?... you mean a *whispers* “moder-ite?”


56 posted on 11/25/2013 12:40:08 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: WilliamIII

No.

This a thread about Iran. Why you want to redirect to a discussion about Russia is curious.

Evidently you don’t understand or care why Iran is on the list of states that sponsor terrorism.

All your redirection does not alter the fact Obama is cutting his deal with a country his own State Department designates as a country that supports terrorism.


57 posted on 11/26/2013 5:27:52 AM PST by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: WilliamIII

The price effect won’t be so large. Of the 1,000,000 bbls/day supposedly to hit the oil market again, 800,000 was already making it to the market, covertly, mainly to China.


58 posted on 11/26/2013 11:35:51 AM PST by 2harddrive
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To: Gabrial

Why you want to redirect to a discussion about Russia is curious.

It’s no more curious than the many posters who cite to Munich 1938. They’re drawing a historical analogy - and so am I . I’m saying that negotiation even with bad guys who sponsor terrorism doesn’t automatically make you an appeaser. If it did, Reagan was an appeaser for negotiating with Soviets - and striking a deal that left them with far more nuclear capability than Iran has.

Bottom line: I prefer some realistic negotiated deal with Iran over a war with Iran. In my mind, that’s following Reagan’s example, and it’s certainly following common sense. A lot of the same folks who want war with Iran also promoted the Iraq war - and I consider that war to be a historic disaster.


59 posted on 11/26/2013 4:40:11 PM PST by WilliamIII
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To: WilliamIII
The difference between Reagan and Obama is Reagan loved America and dealt from overwhelming strength. Obama hates America and deliberately postures from weakness. Reagan won concessions. Obama gave concessions.

If you "hunger for war," take the Obama approach. As you said yourself, the Reagan approach kept the peace.

60 posted on 11/26/2013 5:57:40 PM PST by hinckley buzzard
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