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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Hugo Chavez on December 28, 2006, 05:08:38 AM

Title: Iran's oil revenue running dry, analysis shows:
Post by: Hugo Chavez on December 28, 2006, 05:08:38 AM

BARRY SCHWEID


Monday, December 25, 2006

WASHINGTON — Iran is suffering a staggering decline in revenue from its oil exports, and if the trend continues income could virtually disappear by 2015, according to an analysis published Monday in a journal of the National Academy of Sciences.

cont...
http://www.globeinvestor.com/servlet/story/RTGAM.20061225.wiranoil1225/GIStory/

Title: Re: Iran's oil revenue running dry, analysis shows:
Post by: amc1980 on December 28, 2006, 07:42:25 AM

Isn't Saudi the only field that hasn't hit peak production yet?

We will be "liberating" them right after Iran.

Title: Re: Iran's oil revenue running dry, analysis shows:
Post by: Camel Jockey on December 28, 2006, 07:52:12 AM

Quote from: amc1980 on December 28, 2006, 07:42:25 AM

Isn't Saudi the only field that hasn't hit peak production yet?

We will be "liberating" them right after Iran.

hahah Saudia Arabia is the only country that can probably keep pumping away, the rest will run dry. Due to this, Iran will need nuclear power, it's that simple. Of course you have asswipes like Bush who don't want Iran to influence Iraq, don't want to get nuclear power and want eat up the last bit of oil they've got.