Article

2009-06-27 Syria-Lebanon-Iran

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by 2009-06-27 00:51|| || Front Page|| [8 views ] Top

#1 Iran is a big oil producer but decades of financial isolation mean it must import petrol and other end products.

What mainly causes the petrol shortage is Iranian price controls. When petrol sells for about a quarter of what it costs to make, there's no incentive to produce.

The other is Iranian subsidies. The fuel, being cheaper than its neighbors' fuel, ends up smuggled to them. So the Iranian gov't put up rationing.

President Obama must not be pleased that President Ahmadenijad so firmly rejected the open hand of American friendship.

Somebody postulated here earlier that Obama's antics were calculated to impress the 'Islamic World yokels' plus Russia and China; that if Iran rebuffed them he could shrug and say "I tried".

I don't buy the latter part, but it'll end up being the excuse. Still, I'll bet he and his experts will not be pleased when it happens.

Posted by Pappy 2009-06-27 12:40|| 2009-06-27 12:40|| Front Page Top

#2 ...I have a question: Any other time, Dinnerjacket breaks wind and the price of oil goes up. This time, they're executing their own people in the street, and the Iranian government is more unstable than at any time since the Revolution, yet gas prices are going down. Why?

Mike

Posted by Mike Kozlowski 2009-06-27 18:58|| 2009-06-27 18:58|| Front Page Top

#3 dead martyrs don't stop production. Dinnerjacket rattling sabers externally might. These Iranian patriots are expendable.

Posted by Frank G">Frank G 2009-06-27 19:34|| 2009-06-27 19:34|| Front Page Top

#4 yet gas prices are going down. Why?

Not around here they're not, average is 2.50-2.60 and up about 15 cents

I personaly think it's the 4th holliday coming up, Gasoline always goes up right before a holliday.

Posted by Redneck Jim 2009-06-27 21:47|| 2009-06-27 21:47|| Front Page Top

23:40 Steven
23:18 flash91
23:05 Steven
23:00 Cyber Sarge
22:44 CrazyFool
22:30 OldSpook
22:27 OldSpook
22:21 Frank G
22:12 Thing From Snowy Mountain
22:05 Eric Jablow
21:47 Redneck Jim
21:28 Chief
21:19 Procopius2k
21:18 DarthVader
21:04 Redneck Jim
20:58 Frank G
20:56 Frank G
20:51 Gabby
20:47 swksvolFF
20:42 Redneck Jim
20:34 Redneck Jim
20:33 Besoeker
20:31 Frank G
20:30 Besoeker