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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (75797)11/30/2006 11:03:41 PM
From: elmatador  Respond to of 206326
 
Oil climbing on cold weather? How about US pullback from Iraq? Wasn't that that should be pushing oil prices?



To: energyplay who wrote (75797)11/30/2006 11:06:09 PM
From: elmatador  Respond to of 206326
 
"Iran's net crude exports could fall to zero." In 1974, five years before the Islamic Revolution, Iran pumped 6.1 million barrels daily. This year pumped 3.9 million, 5% below its quota.

Reason: delays in new projects and a shortage of technical skills.

businessweek.com

The country will fall like Soviet Union. It is just a matter of 3 to 5 years.