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Author Topic: Iran’s petroleum production expected to increase as sanctions are lifted  (Read 168 times)

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Offline Dexter

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Iran’s petroleum production expected to increase as sanctions are lifted
« on: January 19, 2016, 05:36:11 pm »
http://www.eia.gov/todayinenergy/detail.cfm?id=24592

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Implementation day for the Joint Comprehensive Plan of Action (JCPOA), an agreement among Iran, the P5+1 (the five permanent members of the United Nations Security Council and Germany), and the European Union (EU), occurred on January 16 when the International Atomic Energy Agency verified that Iran had completed the key physical steps required to trigger sanctions relief. With this milestone, the United States, the EU, and the United Nations have lifted nuclear-related sanctions against Iran, which include oil-related sanctions that have limited Iran's ability to sell its oil on the global market since late 2011.
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Offline Scottftlc

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Re: Iran’s petroleum production expected to increase as sanctions are lifted
« Reply #1 on: January 19, 2016, 05:46:49 pm »
No kidding!!!

Obama has made his radical green friends and the very rich enviro supporters of the Democrat party very, very happy.  He has killed the burgeoning American oil industry with the stroke of a pen.  Bring on the solar subsidies once again!

How to make Iran and Saudi Arabia allies again: lower the price to the bottom and kill the competition from both North America and Russia.  Better yet, the American consuming public will love it too!
« Last Edit: January 19, 2016, 05:48:44 pm by Scottftlc »
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Offline flowers

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Re: Iran’s petroleum production expected to increase as sanctions are lifted
« Reply #2 on: January 19, 2016, 07:53:46 pm »
Quote from: Scottftlc on January 19, 2016, 05:46:49 pm
No kidding!!!

Obama has made his radical green friends and the very rich enviro supporters of the Democrat party very, very happy.  He has killed the burgeoning American oil industry with the stroke of a pen.  Bring on the solar subsidies once again!

How to make Iran and Saudi Arabia allies again: lower the price to the bottom and kill the competition from both North America and Russia.  Better yet, the American consuming public will love it too!
Yes he has. The final nail in the oil coffin. Cnn talking point.....Iran won't make money because the price of oil is so low........................not after it takes out USA oil.  **nononono*
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