Iran threatened to strike Isreal if America does anything “evil”:
“We have announced that wherever America does something evil, the first place that we target will be Israel,” ISNA quoted a senior Revolutionary Guards commander, Rear Admiral Mohammad-Ebrahim Dehqani, as saying on Tuesday.
Iranian President Mahmoud Ahmadinejad has called for the Jewish state to be “wiped off the map.”
Iran’s deputy oil minister said there was “some possibility” of a U.S. attack on his country over its nuclear program.
“I am worried. Everybody is worried,” Mohammad Hadi Nejad-Hosseinian said in New Delhi after talks on a proposed $7-billion pipeline from Iran to India via Pakistan.
Concerns that Iran’s dispute with the West could lead to disruption of its oil output pushed oil prices above $74 a barrel, close to the record of $75.35 touched last month.
The United States, Britain and France are expected to introduce a resolution to the Security Council this week that would legally oblige Iran to comply with U.N. demands. The three countries favor limited sanctions if Tehran remains defiant.
Now we have news that Iran has discovered new deposits of urnanium.
QOM, Iran — Iran said Tuesday it had found uranium ore at three new sites in the center of the country, an announcement that appeared designed as a fresh challenge to the drive by the United States and allies to curb Tehran’s nuclear program
Iran already has considerable uranium resources available for its nuclear program, a fact that called into question the importance of the new discoveries — beyond their propaganda value.
“We have got good news: the discovery of new economically viable deposits of uranium in central Iran,” Mohammad Ghannadi, deputy chief for nuclear research and technology, told a conference.
He said the deposits were found in the Khoshoomi region, Charchooleh and Narigan.
Finally, Iran attacked anti-Iranian Kurds. This wouldn’t be such a newsmaker except the fact that these Kurds were in Iraq:
Iraq has accused Iranian forces of entering Iraqi territory and shelling Kurdish rebel positions in the north.
Iranian troops bombed border areas near the town of Hajj Umran before crossing into Iraq, the defence ministry in Baghdad said on Sunday.
It said the Iranians targeted the PKK, a Kurdish group that has waged a 15-year insurgency against Turkey.
The PKK is believed to have links with anti-Iranian Kurdish fighters. There are no details on casualties.
The Iraqi defence ministry also says Iran launched a similar attack on Kurdish rebel positions in the same area on 21 April.
There are no reported comments from Tehran on either of the alleged incidents.
Anyone notice that the price of oil is going up again today?
“Anyone notice that the price of oil is going up again today?”
Anyone notice the correlation between this adminstration’s policy in the Middle East and the price of oil?
Anyone notice who’s profiting from this increase in the price of oil?
Anyone notice who’s defending these war profiteers, and trying to open up the Alaskan wilderness reserves so the oil companies can make even more billions in profits?
The Republicans are on their way out of power, and seem hell-bent on screwing the American public as they exit.
“Anyone notice who’s profiting from this increase in the price of oil?”
Yeah – a bunch of speculators, all over the world, who don’t have much of anything when it comes to direct ties to the Bush admnistration.
“Anyone notice who’s defending these war profiteers,”
You need to learn what “war profiteers” are, for one thing. Speculators who take the risk that oil might drop in price over the next couple of months, while potentially making a bunch of money in he short term? Not so much.
For real profiteers, though, you’re going to have to look to places like Canada and Mexico. You know, the places that are selling their oil at inflated prices, while not suffering the risks that are causing the prices to go up.
“and trying to open up the Alaskan wilderness reserves so the oil companies can make even more billions in profits?””
Exxon is on the track to make about $30 billion in profits this year. Considering that Exxon is worth over ten times that, it’s not exactly a high margin.
Once again, the folks who make the most noise about this stuff are the folks who understand the least.
I dont care who makes billions off of oil ! open Anwar and every other place and build more refineries and do it now.
“Exxon is on the track to make about $30 billion in profits this year. Considering that Exxon is worth over ten times that, it’s not exactly a high margin.
And Republicans think it should be higher still.
The supply of oil is diminishing, in fact many think we’e already passed the peak, and finding ways to allow the oil companies even greater profits is strictly a Republican pursuit; and one that is not in the best interests of this country.
“anyone notice the Stock Market is up again today”
Anyone notice the correlation between this administrations policy on the economy and the rise of the stock market?
Anyone notice who is “profiteering” from the stok market? all the stockholders.
Anyone notice who attacking these stock market profiteers and trying to steal their profits with ever increasing tax rates? democrats.
The democrats are exactly where they belong! out of power, and seem hell bent on staying there!
The world is a bizarre place. This discovery makes Iran’s claims about nuclear development for peaceful purposes more credible. Heretofore the clear sign that the Iranians were misrepresenting their program was that they didn’t have enough domestic sources of uranium to operate the Nahtanz reactor for its lifetime. That made idiocy of the claim that they needed nuclear power for energy self-sufficiency. Now they may have.
Maybe we can help Iran out with more ‘uranium deposits’.
RE: energy self-sufficency… Why aren’t the Republicans in power doing the same thing? What are they concentrating on protecting the oil companies, instead of the American people?
ahh Dave, maybe that is exactly what the release of this information is supposed to do,if true? try to prove they have peaceful intentions. however, judging by the rhetoric spewing fourth from their presidents mouth ,they have already made their intentions clear..”
Protecting the oil companies from whom or what?
Watching Cindy Sheehan (figuratively) bitch-slap the President was hard enough to take – now the President of Iran is going to make the U.S. President bark like a dog?
Why don’t you Republicans go bed down with your pals the oil lobbyists, and let real Americans run this country for a change…
I am a little bit of a profiteer. I live and work in Calgary, Alberta and we are making out like bandits up here. Cirby is spot on.
Why are we able to do this? Because of your votes Lee old boy. Lefty politics are a major cause of oil price increases. No drilling, no refining, no nothing. American policy weakness induced by Democrats lets all the worlds s**t disturbers loose to scare the oil market. I thank you from the bottom of my greedy Canadian heart.
As for profiteers, the biggest one is you, Lee. The lefty governments you vote for take 4 or 5 times the cash as the oil boys get. The lefty governments say they do it for you, Lee; and no doubt for ‘the children’.
That means you are 4 or 5 times the profiteer that Exxon is. Even worse, you take no risks whatever. Dry hole? Foreign government stole your property or breached a contract? Not my problems says Lee. Get that tax payment in RFN says Lee. Makes your moral high ground and prattling about oil running out seem a little shaky to me.
The taxes that Exxon pays so you can have a leisure centre, or fund a new chair of Righteous Indignation studies, or 6 new feddies telling your neighbours what’s good for them, why that money is gone. It does not go to greedy executives, but neither does it go to shareholders such as pension funds, retired people, children and their education funds, or to employee Christmas bonuses or similar wastes of money.
What do you think Exxon does with their ‘even greater profits’? Bury them? Put them in a mattress? Actually they spend them, on things beyond your control, which is what really irritates you, Lee, isn’t it?
The nerve of those silly little people, wanting to spend dividends on beer and pizza rather than fund another chair of Righteous Indignation studies.
Ah, What’s good for the oil companies is good for the U.S.A.?
Thank You Fred Z for nailing LEE as the inept high and mighty liberal He is. accurate to a T.
It looks like Iran played into the President’s hands on this one. All Bush needs to do is to find out what Iran considers evil and then do it. Then the Iranians either have to eat their words or attack Israel. If they attack Israel then Israel will eliminate the Iranian problem for years to come, yet be innocent in the eyes of the non-Islamic world. Game on.
Interesting scenario Mac, save Iranians don’t have to act, just threaten, be haughty, and threaten, and, say, sounds a lot like Saddam…
In the mean time all the peaceniks get busy trying to perform an orchidectomy on our military superiority (part of the Iranian/Chinese/Russian strategy) and the Bolshixicans [say it quickly]invade from the South and we are in deep, deep doo-doo.
Posted under another topic, but felt posts were headed this way again, so..
If the oil companies are getting 9cents/ gal of profit after all costs, and if sales are basically static, their net profits should remain relatively stable, regardless of the raw material costs if that is all they are passing thru.
Okay, lets try this:
Oil companies make GASOLINE from the OIL.
Gasoline profits are approx $.09/gal of GASOLINE.
Oil Companies also sell the oil they produce. Often times they sell it to a company/division they own in part or completely. This is called VERTICAL INTEGRATION. (Now someone will scream “UNFAIR, NO COMPETITION”, but that is complete BS. Why should an oil company sell its oil to its own division for less than the market price? Just so you can have cheaper gas? That is creating an “artifical price” that cannot be sustained because of a lack of SUPPLY.
With the increase in the market price for oil, which is determined by the traders based on supply & demand AND the potential for a disruption in supply, the oil companies make an additonal profit selling the oil (produced in the USA) to the refineries and then they make a profit selling to BASF for use in plastics or ADM for use in food or make, etc. Each division MUST make a profit or they will be phased out, shutdown or sold off.
The oil companies are not making as much of a profit on the oil bought from the middle east. There is, of course, a mark up for risk, insurance, transportation, profit, CORPORATE TAXES, accountants, and the Cost of Doing Business ie, salaries, exploration, leasing rights, royalties, (who pays the shipping company, the truck driver, etc).
The demand for oil BASED products have increased every year. The more oil-based products the higher the demand for a barrel of oil.
Everyone is keying on the cost of a gallon of gasoline and that is not where the oil companies are making these so called windfall profits. I don’t care how you look at it a profit margin of 8 to 15% is not a windfall!
And for those of you who say the 80s were a “survival of the fittest” time for oil companies, you reap what you sow. Oklahoma’s economy was clobbered by the elimination, through closure, bankruptcy or mergers, of these small and (in your opinion) unfit companies. And guess what? No one cared at the time. Gas was cheap and it was “survival of the fittest”. No need to support the little oil company. Now you bitch because there is “no competition in the oil industry”. (I say BS, but continuing that thought..) Gee, how’d that happen? Over supply of oil and little to no profit! Obviously, LEE, plenty of oil companies were not making a profit!
Lee was fine when gas and oil was cheap and companies died off, that was a free market, but now the free market is not such a great thing. Typical of those, both Demo and Repub, who don’t understand economics.
Ah, poor Lee doesn’t have the cajones to carry on the conversation. Just like a liberal fool to end the discussion when facts start getting in the way.
An astute observation to be sure Clay Jarr.
Lee will chime in and snipe, but pinning him into a conversation once you’ve responded is impossible. He skulks like a kicked dog into another thread to start all over.
Whe the thread peters down to the same people repeating the same lame arguments I move on to more interesting topics.
Right now my fans are busy meeting over here, at Kim’s latest exciting piece of commentary and news.
Is it our fault you don’t own any oil company stock?
What do you think Exxon does with their ‘even greater profits’? Bury them? Put them in a mattress?
You are the second person to pose that question, as I asked the same question in a previous thread…ironically, to Lee as well. So, you are wasting your breath. He DOES apparently believe it’s hidden under a big queen-sized mattress.
On topic, no casualties so far.
I think that the Kurdish defense forces will be able to repulse this incursion. If not and it turns our to be a larger force, or worse, to be backed by the Iranian government, then the US and the Iraqi forces will be able to dispatch the invaders and we will have the moral ground.