iran complaining about the price of oil being tooo high... WTF?
Posted on 05/11/2018 9:40:26 AM PDT by bananaman22
U.S. President Trump has made a deal with some OPEC producers to keep prices high as they support the U.S. economy and boost federal taxes. This is what Iran’s Energy Minister Bijan Zanganeh said on state TV this week as quoted by Bloomberg, adding that Trump was engaging in “shenanigans” on the oil market.
It’s not too hard to guess which the OPEC producers Zanganeh mentioned are. Saudi Arabia has been a strong opponent of the Iran nuclear deal and was now quick to offer to fill any gap that new U.S. sanctions would leave on international oil markets by curbing Iran’s abilities to export its crude.
Saudi Arabia is also the most vocal supporter of ever-higher prices, as it prepares to list its state energy giant Aramco and struggles with a much too high breakeven price for its crude.
(Excerpt) Read more at oilprice.com ...
Iran is funny after they’ve been humiliated by Israel.
My, how the world has changed.
Or, and get this Mr. Minister, YOU could sell YOUR oil for $85/bbl too, and MAKE MORE MONEY!
Ooh, that evil Trump! Making you richer!
Not much they can do but bitch and moan. USA+Saudi vs Iran on oil. You lose Iran.
He’s on par with the typical liberal regarding a free market, supply/demand, and the like.
iran complaining about the price of oil being tooo high... WTF?
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