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An Iran nuclear deal revival could dramatically alter oil prices — if it happens
CNBC ^ | 31 August 2022 | Natasha Turak

Posted on 08/31/2022 4:45:55 AM PDT by zeestephen

"Should the nuclear deal be revived, 1-2 million barrels per day of extra oil could hit the market in a comparatively short period of time," one commodities analyst told CNBC. [Now I understand why the Democrats are so eager to sign a deal - Gasoline price cut just in time for Mid-Term elections]

(Excerpt) Read more at cnbc.com ...


TOPICS: Chit/Chat
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1 posted on 08/31/2022 4:45:55 AM PDT by zeestephen
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To: zeestephen

Bull...


2 posted on 08/31/2022 4:48:00 AM PDT by Clutch Martin ("The trouble ain't that there is too many fools, but that the lightning ain't distributed right." )
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To: zeestephen

Sign a bad deal for political gain


3 posted on 08/31/2022 4:54:45 AM PDT by Erik Latranyi (We are being manipulated by forces that most do not see)
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To: zeestephen

Gas might get cheaper in the very short run, but the price would skyrocket due to the inevitable nuclear war, and you have to factor in the cost of nuked cities.


4 posted on 08/31/2022 4:54:52 AM PDT by UnwashedPeasant (The pandemic we suffer from is not COVID. It is Marxist Democrat Leftism.)
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To: zeestephen

5 posted on 08/31/2022 4:56:11 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: zeestephen

Doubtful, because they are selling every barrel that they can produce already. Although, psychologically it might cause a temporary spike, which is all the Democrats want.


6 posted on 08/31/2022 5:01:12 AM PDT by silent majority rising ( )
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To: zeestephen

We’re going to trade cheaper gas for an even larger and better located North Korea of the Middle East. Short term solution buying a longer-term problem...


7 posted on 08/31/2022 5:03:02 AM PDT by Gen.Blather (Wait! I said that out loud? )
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To: zeestephen

That is very wishful thinking, but then this criminal enterprise and their pressttitutes are far from accurate and they know they don’t have to be. Just provide hopium as the noose around their victims (a vast majority of the world’s population) neck is tightened.


8 posted on 08/31/2022 5:04:17 AM PDT by Robert DeLong
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To: zeestephen

They’re selling their oil and gas to Russia, who is selling it to the Saudis, who are selling it to the US.

These people are evil and idiots to think we don’t know it.


9 posted on 08/31/2022 5:08:18 AM PDT by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: zeestephen

the give terrorists money act. watch the middle east export more ‘peace’


10 posted on 08/31/2022 5:13:01 AM PDT by Track9 (You are far too inquisitive not to be seduced…)
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To: Erik Latranyi

The world will take a huge leap into the coming Dark Ages once Iran gets the bomb. It will be something similar to the start of WWI and WWII together. Oil & gas prices? Who cares? The Middle East is about to go into total thermal runaway...


11 posted on 08/31/2022 5:23:14 AM PDT by Netz ( and looking for a way ti IMPROVE mankind.i)
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To: zeestephen

The Saudis will just decrease production to keep the prices high. They have already said so.


12 posted on 08/31/2022 5:28:10 AM PDT by kabar
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To: HYPOCRACY

:)


13 posted on 08/31/2022 5:48:18 AM PDT by Irenic
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To: UnwashedPeasant
...but the price would skyrocket due to the inevitable nuclear war, and you have to factor in the cost of nuked cities.

Liberals: "The price rise is acceptable. The primary victims of the war would be Iranians and Jews so it is not like anyone worthwhile would be killed. And besides, we have too many people in the world as it is. Especially those Jews."

14 posted on 08/31/2022 6:03:36 AM PDT by 17th Miss Regt
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To: zeestephen

If I was forced pick a bad boy to lift sanctions against to alleviate oil shortages, Iran would be last on the list. Trump had put Iran on the ropes, Biden can’t wait to rescue them.


15 posted on 08/31/2022 7:35:11 AM PDT by chuckee (, one can drive in hybrid mode at 40-50mpg)
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To: zeestephen

Or just finish the Keystone oil pipeline from Canada which can deliver 830,000 barrels per day.

Canada also is not going to murder millions of people with nuclear weapons so a two fer.


16 posted on 08/31/2022 9:32:38 AM PDT by minnesota_bound (Need more money to buy everything now)
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To: zeestephen
Related...

Coincidence???

17 posted on 09/01/2022 4:16:26 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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