Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SES1066

Iran needs oil prices at or above $75 for comfort (if I remember right). If the anti-Iran OPEC states were smart, they’d push for prices below that ceiling to deliberately cripple Iran’s economy.

But intelligence from Muslim states isn’t to be expected.


6 posted on 04/26/2009 6:48:18 PM PDT by G8 Diplomat (I'm learning Arabic, Farsi, Urdu, Pashtu, and Russian so someday you won't have to)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: G8 Diplomat
Iran needs oil prices at or above $75 for comfort (if I remember right).

That's the figure I heard quoted a couple of times in the media
when oil prices started falling from their heights.

I wish I'd started keeping a calendar and marking each day with
under $75/barrel oil with a smiley face.
I've taken some pain as my modest holdings of oil company stocks
have been stagnant...but if Iran is feeling pain, it works for me!
14 posted on 04/26/2009 6:58:38 PM PDT by VOA
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson