Monday, April 26, 2010

Can we use falling oil prices against our enemies?

Venezuela and Iran both depend almost entirely on oil revenues to keep their America hating governments in power. Since they spend so much on defense and public works and public welfare, a sudden decline in revenue spells their doom. They also have inferior oil compared to other countries which means theirs costs more to extract and refine, meaning that oil below a certain value literally prices Venezuela's and Iran's oil out of the market. Is there a way we can take advantage of the fall of the price of oil and sink those America hating regimes?Can we use falling oil prices against our enemies?
The price of oil will take care of that on its own. Venezuela has very poor quality crude, which is very expensive to refine. They have a cost structure higher than any other OPEC nation. They are also extremely inefficient, and have a crumbling infrastructure. The low levels of current crude prices will finish off the Bolivar Revolution.





Iran has a declining reserve base, a crumbling infrastructure and are also extremely inefficient. The mullah's know they need oil revenues, and with China and India now slowing, they have to make nice with the US.





The price of oil is both Venezuela and Iran's worst enemy. They are the brink of economic catastrophe, and have no power to improve a declining economy, without crude prices increasing.Can we use falling oil prices against our enemies?
Global demand is high enough that all of the oils extracted are of value and in demand. The low prices will impact Iran and Venezuela negatively in the short term, but only that. The price ppb (price per barrel) will inch back up quickly as global uncertainty eases in 2009.
we iranians love falling oil prices. do u know why? iran as u said depends on oil, so they don't care scientific projects. i, myself pay my projects all the money my parents send. so if it happens they have to open account for universities (just like USA, japan n ...) n pay for efficient projects. some of iranians always pray that our oil finishes. it's a dramatic truth for us.
Yes. We can conserve energy and drive much more efficient vehicles and develop alternative Energy. This would serve to keep demand down and accomplish such goals as you state.





Being Green is highly American, my friends...
You mean like, by so totally bankrupting the economy that nobody can afford to buy fuel, can we hurt them enough to make it worth it?





No.
We just need to start charging them $147 a bushel for wheat and corn.
Or can they use the current RISING oil prices against us......
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