Posted on 12/11/2014 5:09:09 AM PST by thackney
Iran’s President Hassan Rouhani said Wednesday that the sharp fall in global oil prices is the result of “treachery,” in an apparent reference to regional rival Saudi Arabia, which opposed production cuts.
Oil prices have plunged by more than 40 percent since June to around $65 a barrel, placing severe strain on Iran’s economy, which is already hobbled by international sanctions imposed over its nuclear program. An OPEC meeting last month failed to reach agreement on production curbs, mainly because of Saudi opposition.
Rouhani told a Cabinet meeting Wednesday that the fall in prices is at least partly “politically motivated,” the result of a “conspiracy against the interests of the region, the Muslim people and the Muslim world.”...
Let them bleed in the dirt.
Good thing those who hate us are in even more trouble.
I guess that’s our fault. Sucks to be them.
Oh - and how is “Death To America” working out now for the mullahs?
+1
This is the sort of thing that has the potential to start conflict.
I can see mideast oil demise from my kitchen window. Frac baby frac. It takes oil money to support terrorism.
Yup. The less revenue Iran and Qatar receive the safer we and our allies will be.
Why is it that ONLY the O&G industry sees the damage to the Russian-Soviets that can be done in lower oil prices?
Are these corporations great Americans, or what?
(You have FR mail)
“Interesting that he thinks it is against Muslims,”
I went to college with about 30 Iranians, who I got to know very well. They walk around looking like us (to a large degree). Many spoke good English. They liked the same foods, smoked the same cigarettes, drank the same liquor. (Yes, all of that was against their religion, I know.) But when you listened to them talk and thought about the thinking that led to the words they spoke, you realized they lived in a bizarre world with no discernible logic to it. The CIA controlled the KGB and the Shah’s secret police, as well as the New York Times and everything else imaginable. Then, their “logic” could, in the same sentence, twist back on itself so that the beginning and end of the same sentence were mutually exclusive. It was as if they’d concentrated all the crazy street people into their heads. One of them was pathologically afraid of the word “divorce.” Since he would be divorced if he said the word three times, he didn’t know if they had to be said in a row or if the effect was accumulative. When I asked what it would matter if it was not his intention to divorce, he winced and asked me not to say the word as when I did he said it in his mind. He said that Allah would know he’d said it to himself. That was just a mild example that springs to mind. The rest were so convoluted I couldn’t remember their logic as it was sensless. So, an Iranian can call the Saudi’s (sworn enemies of Iran, BTW) “treacherous.” But we have no idea what he thinks that word means.
When has conflict stopped because of high oil prices?
Think how interesting things will get if the mullahs don’t have the money to pay the thugs that enforce the theocracy. Also without subsidies the price of food will rise. That will create difficult problems for the mullahs.
Hey Iran squeal like a pig for me....
I believe Qatar gets more revenue exporting Natural Gas these days than oil.
But alas...
“I went to college with about 30 Iranians”
They all drove Trans Ams where I went college! And they all had their porn.
Agree... pound sand Iran....
Well put, although I’d quibble and say “bleed out” instead of just bleed.
These Marxist/Muslim cesspools have always depended on the US dollar to keep them going. With the dollar getting stronger, oil prices fall, and now they howl at us about a conspiracy to ruin them.
It would be very clever of TX oil men to have defeated our enemies, but it’s more likely that they defeated themselves.
It’s interesting to note as well that the financing of ISIS, Al Qaeda, etc is bound to take a severe hit, no matter where in the muzzie hell-holes it originates. And we still have some surprising alliance swaps in the near future, as a consequence of the collapse of oil prices. Thanks thackney.
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