Out at the peak

Saturday, March 11, 2006

Iran officially threatens oil distribution

I was wondering when Iran was going to pull this card.
Iran Threatens to Use Oil as Weapon in Nuke Standoff
Bush/Cheney/Rice have vowed for the US that Iran cannot pursue nuclear ambitions. Iran desires to continue their interest in the technology. Russia has been trying to get the parties to compromise and to provide enriched uranium to Iran in a supervised fashion. No one is agreeing to anything and threats have been shot across the bow. US even declared a two week deadline.

That deadline comes right up right before the unveiling of Iran's Oil Bourse. The media doesn't ask the questions of this coincidence. The media seems to also dismiss the deficit ceiling.

Does anyone feel safe from political and monetary consequences?

Update: Here is a graphic showing Iran's options.


  • It seems like we have similar outlook on energy. I invite you to visit a peak oil site, that I am maintaining - http://www.theviewfromthepeak.com

    By Blogger Oil Shock, at 12:00 AM  

  • Hi oilshock, I actually visit your site often. I even have you linked already. :)

    By Blogger Out at the peak, at 12:24 AM  

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