Peak Oil reality or Myth, of an out of Control System Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Peak Oil reality or Myth, of an out of Control System

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: dvdw©	6/14/2013 9:32:08 AM
	of 1580

World news; oil inventory stored on tankers, Iran is overburdened with supply.....sanctions related, but world prices not rising despite all this capacity, prices are not rising because new production has crowded out old. Article outtake next. " further five of Iran's nine Suezmax tankers, with capacity of one million barrels, are also parked offshore with oil aboard.That means that of Iran's 59-million-barrel fleet of VLCCs and Suezmax sized tankers, 33 million barrels of capacity are being used to store crude at sea in the Gulf, or 56 percent of the fleet. The shipping data suggests Iran's difficulties in selling its oil are getting more acute. With more than half the NITC fleet at anchorage, Iran's capacity to export oil is severely curtailed." uk.reuters.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next