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View Full Version : Iran to cut oil production


Cindy S.
October 31st, 2008, 09:52 AM
http://www.jpost.com/servlet/Satellite?cid=1225199617502&pagename=JPost%2FJPArticle%2FShowFull

BornAgain123
October 31st, 2008, 09:56 AM
http://www.jpost.com/servlet/Satellite?cid=1225199617502&pagename=JPost%2FJPArticle%2FShowFull

Looks like what Lindsey Williams said about the ME dumping their oil reserves et al so that cheaper gas in North Russia and Indonesia(whenever the media makes public about the latter) is slowly but surely coming true.

JY11
October 31st, 2008, 10:03 AM
I can't say that I am surprised by this development.

Mulligan
October 31st, 2008, 10:29 AM
http://www.jpost.com/servlet/Satellite?cid=1225199617502&pagename=JPost%2FJPArticle%2FShowFull

"Iran is OPEC's second largest oil exporter and has traditionally opposed any crude output increases by OPEC, arguing that it would cause a fall in prices."


Isn't that a typical Capitalistic principle? You would think if they really wanted to punish the West, they'd simply stop all production. That would teach us a lesson.

saved by Grace
October 31st, 2008, 01:37 PM
i sure hope we drill and explore for oil,i am so sick of the middle east dictating our oil policies.i hope that God gives us a huge pocket of oil.also i hope that God blesses Israel richly with oil.i hope Zion's cups overflow with oil and the Israeli People will never have to negotiate with those cut throat nations again.it will also set us free to really really ally ourselves with Israel without worry of them holding the oil purse over our heads.