Posted on 12/31/2011 3:19:41 PM PST by bkopto
40 years after the original Arab embargo and nothing has changed. The sad part is we have more oil here than they do; we just can’t drill it.
Take away oil and we have no reason to be involved in the Persian Gulf. Other than oil all they have to trade is sand and hairy women.
Well there's that Islamic terrorism infrastructure thingy...
AH! We’re supposed to applaud him for working on his vacation. But how long does it take to sign a piece of paper? Well, quite awhile when you have to use beaucoup pens!
Im waiting for the “lets have a beer and round of golf” to talk out our differences
Im waiting for the “lets have a beer and round of golf” to talk out our differences
Outstanding.
Fun facts!
Oil exports provide half of Irans's government revenue.
Iran's best customer is China, which took about 22 percent of Tehran's oil exports during the first half of this year and is a member of the United Nations Security Council and one of the few nations on friendly terms with the Islamic Republic.
Turkey, a NATO member that shares both a border and antipathy toward Kurdish separatist groups with Iran, got 51 percent of its imported crude oil from the Islamic Republic from January to June of this year.
While closing the Strait of Hormuz, even briefly, would hurt Saudi Arabia, Iraq and other Gulf oil exporters, the Saudis also ship oil via the Red Sea.
All of Iran's exports and many of its imports of gasoline, food and consumer goods are shipped through the strait.
So... OK, oil goes up to $150.00 bbl x can't sell squat with Strait of Hormuz closed off = $0.0 for Iranian government... just damn it all!
No money, no food, no gas, no TP = very pizzed off population and not good for Mr. dinner jacket.
If they tried and failed to close the Strait of Hormuz the rest of the muzzies would laugh them out of OPEC. Perhaps even kick them out.
If they tried and did get the Strait of Hormuz closed they would be in such bad shape within a month we could tell them to hand over the spy drone and they would do it.
Hell, we could tell them to FedEx it back over-night express and they would foot the bill.
.
Thanks Ernest for the ping.
I think that about says it.
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