Iran will not increase oil output, says minister

[FarCenter]

Source: Gulf News

Tehran: Iran on Saturday said it will not increase oil output and dismissed Saudi Arabia's decision to boost oil output as a "political move", an Iranian news agency said.

...

Nozari said any production hike among members of the Organization of Petroleum Exporting Countries (Opec) would only lead to an increase in reserves.

The Fars News Agency quoted Nozari as saying that Saudi Arabia's action “is more of a political move ... this action will only help to increase reserves."

Iran is the second-largest oil producer in Opec, after Saudi Arabia.

...

Read more: http://www.gulfnews.com/region/Iran/10213904.html

[DAGDA56]

1. Each of the top two oil producing nations refuse our request to increase production...

...yet only one is being threatened by talk of sanction...or even invasion. Why is that?

[ananda]

Fahrenheit 911.

nt

[DAGDA56]

3. So with thier American puppets being evicted from the White House in less than a year,

you would think the Saudi Government would be more concerned about their image.

[ohio2007]

5. Saudi oil doesn't reach US shores....

the 3rd world is paying at the pump also.

[DAGDA56]

6. I didn't realize that...then, why was Bush asking for an increase in production?

[FarCenter]

7. In March 08 Saudi Arabia was the number 2 supplier of crude oil to the US

Up from number 4 in March 07.

http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html

You must have meant to say "Iranian oil doesn't reach US shores..."

But oil is fungible...

[DAGDA56]

8. Thank you for clarifying...and thanks for the link.

[ohio2007]

13. 40% of America's oil comes from domestic oil fields in states like Texas, Alaska, and California.

Approximately 40% of America's oil comes from domestic oil fields in states like Texas, Alaska, and California. Some of this oil is actually sold to other countries, such as Japan. The other 60% of the US oil supply is from foreign sources.
http://www.wisegeek.com/where-does-the-us-oil-supply-come-from.htm


We need to open more oil fields in the US. We can no longer afford to keep this environmental block in place.

[Strelnikov_]

14. Thanks for the right-wing talking point n/t

[Psephos]

16. Chill out. Actual discussion requires more than one viewpoint.

Unless you're not interested in actual discussion. I am.

May the best ideas win.

[Strelnikov_]

17. I'm not interested in being subject to mindless right wing drivel

on a 'progressive' board.

"EnvironMENTAL" . . give me a break.

[Psephos]

18. We each have the right to be heard, and to evaluate for ourselves what others say.

Nasty replies have the effect of suppressing discussion. I want to hear your point of view, not your attacks on Ohio2007. Argue against his/her ideas. Ad hominems are not an argument; they're the halitosis of this site, and I'm hardly alone in that opinion.

Remember, you always have the option of putting someone you can't stand on ignore.

:hi:

[Strelnikov_]

19. My point of view is that "environMENTAL" is right-wing garbage that has no place on this board

Thought that was clear.

[ronnie624]

20. You're not alone.

It was perfectly clear to me. 'EnvironMENTAL' is indeed right-wing drivel. It's a meme used to imply that anyone who is concerned about the destruction of the earth's biosphere is a left-wing kook, and it is certainly strange seeing it on a progressive message board. Anyone who uses it is undeserving of a civil reply.

[FarCenter]

22. In February 2008, domestic field crude oil production was 34.7%

The US Department of Energy publications can be found at http://tonto.eia.doe.gov/dnav/pet/pet_pub_publist.asp

The report at http://tonto.eia.doe.gov/dnav/pet/pet_sum_snd_d_nus_mbbl_m_cur.htm puts February 2008 US field crude oil production at 148,275 thousand barrels, imports at 278,566, and exports at 578.

100*148275/(148275+278566) = 34.7%.

[tabasco]

23. Ohio2007 shows up, as usual, with the idiotic right-wing talking points again.

Your data is wrong, as usual. The US produces 36% of its crude oil but that does not include imports of gasoline, kerosene, and other refined products.

http://tonto.eia.doe.gov/dnav/pet/pet_sum_sndw_dcus_nus_w.htm

ANWR is a six-month maximum supply of oil for the US. You support destroying our natural environment for the country's wasteful oil addiction. Your stupid, right-wing idea does nothing to sustain this country, only ruin it. The answer lies in conservation. This nation uses 70% of the oil we consume for transportation. This is due, in large part, to big oil companies fighting against efficiency standards in vehicles and fighting against public transportation. No other country uses as much oil for transportation as the USA.

Thanks again for polluting this board with right-wing idiocy. Your day is long overdue.

[TBF]

25. You also need to realize, Ohio2007, that if we drill off Alaska, despite

the environmental concerns, there is only about 5 years supply down there. What will we do in five years when it's dry? Oh, I know! Bomb Iran.

It really is right-wing bullshit. We need to increase mass transportation and continue pouring research dollars into alternative energy sources (as opposed to spending billions of dollars waging war nad murdering middle eastern dictators so we can try to steal their crude).

[NickB79]

27. US production of oil peaked in 1970 and has been declining ever since

The opening of the Alaskan North Slope and the Gulf of Mexico reserves didn't stop the downward trend, and the remaining fields here in North America have smaller reserves than those had.

Can you say "scrambling for crumbs"??? Because that's what advocates of more domestic drilling are doing, considering the US has only 3% of the world's remaining oil reserves.

[Donnachaidh]

10. why should they? They OWN this country, quite literally

They could give two sh*ts about their *image* at this point. They have the US by the short hairs, regardless of who is in the WH. We can thank * and his minions for putting us in that position.

[MikeNearMcChord]

2. Why should they? Iran is enjoying this.

Making big bucks while their big enemy the US is suffering. They have no motivation to help a nation that treats them with contempt, besides they know if Bush is that dumb to attack, he will only hurt America worse in the long run. The Iranians have America by the short hairs.

[CatholicEdHead]

4. They also are upset at our recent sabre rattleing

Plus having troops on two of their borders.

[Heather MC]

9. I think it's a real embarrassment for our country, when our leader

doesn't have the good sense to negotiate a deal of some kind.
he just went over there and did exactly what he accuses Obama will do.
You don't ask a yes or no question. You give them the choice between 2 yeses duh, that's sale mans class 101.

I bet that dumb-country-bumpkin-Bush, did a simple minded dance and at the end of his jazz hands big finish, look up and ask, now can we get some oil?
and they said, No, but cute dance.

[Psephos]

31. It doesn't just affect American prices, it affects global prices

And that means as usual, the world's poor are taking a collective kick to the gut.

They're a bunch of greedy bastards who manipulate price cynically and could give a fuck about the misery it causes worldwide.

[High Plains]

32. Just who is bidding up oil prices?

Is it the Saudis? The Iranians? Or are they just the beneficiaries of global commodity speculation?

[Psephos]

33. More supply would signal speculators to sell, and prices to drop

Futures are dependent upon signals from the supply side as well as from the demand side.

Who drove up the price of housing in the US? The answer is instructive in the oil bubble, too.

[TroubleMan]

11. LOL. Saudi Arabia won't increase production either, because they can't.

Saudi Arabia hit its peak a few years ago. The Saudis will tell you anything just to keep you from thinking they've peaked.

[Jersey Ginny]

21. Yes, the Saudi's are pumping water into their wells now to get every drop out

And with the growing demands for oil in China and India, it is simply an supply and demand issue. Supply can no longer grow to meet the world's demand.

[madrchsod]

12. the united states produces more oil than iran

iranian production is 3.8-4bb/d and the usa is 5.1bb/d






Iran is the second biggest gasoline importer in the world after the United States, consuming over 400,000 bbl/d. According to FACTS Global Energy, Iran imported over 192,000 bbl/d of gasoline in 2006 costing $5 billion.


http://www.eia.doe.gov/steo
EIA - Short-Term Energy Outlook

i used this site for the facts presented above

[Strelnikov_]

15. Remember to correct the OPEC reserves from the above for 'political' oil

The OPEC countries decided in 1985 to link their production quotas to their reserves. What then seemed wise provoked important increases of the estimates in order to increase their production rights. This also permits the ability to obtain bigger loans at lower interest rates. This is a suspected reason for the reserves rise of Iraq in 1983, then at war with Iran.

In fact, Dr. Ali Samsam Bakhtiari, a former senior executive of the National Iranian Oil Company, has stated unequivocally that OPEC's oil reserves (notably Iran's) are grossly overstated. In an interview to Bloomberg in July 2006, he stated that world oil production is now at its peak and predicted that it will fall 32% by 2020.

[L. Coyote]

24. Tehran Times says CIA behind plot to bomb Iran oil pipeline

Iran busts CIA terror network
http://tehrantimes.com/index_View.asp?code=168823

.........

The United States Central Intelligence Agency comprehensively supported the terrorist group by arming it, training its members, and sponsoring its inhumane activities in Iran, the Intelligence Ministry stated.

The terrorists had maps, films, pictures, and sketches of important and sensitive sites in various cities in their possession when they were arrested.

They also had a large number of weapons and ammunition and a great deal of highly explosive chemicals and cyanide.

The blast at a religious center in Shiraz last month was carried out by this group, and it also had plans to carry out similar attacks on the Tehran International Book Fair, the Russian Consulate in Gilan Province, oil pipelines in southern Iran, and other targets, the communiqué stated.

Thirteen people were killed and over 190 others wounded in a bombing carried out on April 12 .........

[hunter]

26. If Iran had a handful of nuclear power plants they'd have more oil and gas to export.

If they had a handful of nuclear weapons they'd suddenly be our "allies," much like Pakistan.

As things stand we'll keep pretending it's "our" oil somehow, since we've already managed to use up most of our own oil in utterly frivolous, vain, and ultimately unsustainable economic pursuits.

Reality bites.

[Psephos]

28. Utterly frivolous and vain?

Whatever else the energy went for, it went to build what is still the world's biggest overall economy, the world's biggest industrial economy, and the world's #1 exporting economy. It also built a decent middle-class life for millions upon millions of families. The US economy might be ruthless or mindless, or it might simply be not to your liking, but frivolous and vain do not apply.

The US has cut in half the amount of energy it consumes per dollar of GDP since the late 1970s. That doesn't jibe with the conventional wisdom that everyone in the US just pisses energy away, so you have to dig to find mention of it. If the US has done that much during a low-oil price era, I imagine that future gains will be equally impressive.

One more thing. Iran does not have any gasoline to export, because it has only one refinery. Iran is actually the world's second largest gasoline importer.

[hunter]

34. Check back in twenty years. Tell me how it all turned out.

It's pretty damned obvious the U.S. standard of living is falling for most people, and it's because we built our economy on easy oil. Now that the remaining oil is not so easy our economy is faltering. It's one thing to stick a straw in the ground in Texas or California, and quite another to extract oil in deep water or from geographically remote areas, or oil controlled by unfriendly political regimes, or oil mired in corrupt business practices.

If my wife and I did the same work our parents did, we'd barely be able to afford a crappy used car and an apartment, and we wouldn't have health insurance. Our parents bought large houses in good neighborhoods, they could buy new cars, and they had good health and dental insurance.

Our grandkids are not going to care that their great-grandparents and great-great-grandparents could drive all over the place without much worry about the cost of gasoline or the cost of building and maintaining highways.

I think we are about to see a great decline in the number of cars on the road, and soon a great decline in the number of cars per capita. If you look at the collapse of housing prices in places like Modesto in California, there's much more to it than the collapse of the mortgage bubble. Instead it seems people are thinking, Ooops, it doesn't look like we'll be able to afford that long commute to the coast.

If the "U.S.A. #1!" mentality isn't a vanity, especially at this point, and as frivolous as putting lipstick on a pig, than nothing is. We built a giant economy that was unsustainable, and a lot of people are going to suffer because of this, many more than those who benefited by it.

[Psephos]

35. I heard that same line in the late 70s

Japan was going to purchase the entire US and kick us out.

Stagflation was going to put the US economy into a tailspin down to depression.

The US would go broke in a futile effort to contain the ascendant USSR, which would become world hegemon after glasnost and perestroika freed it to achieve its potential.

Etc. Etc.

You make some good points here, and I admire your earnestness, but you're overlooking something critical. The US economy is dynamic, not static. It reacts and adjusts to changing conditions.

Do you know how many of the current top 100 companies in the US were on that same list fifty years ago?

How about in France?

I know I'm pedaling against the wind on DU to say that life in the US is reasonably good. It could be better in a lot of ways, especially when it comes to political and cultural direction, but overall, I put it in the win column. For some reason, that outlook pisses a lot of people off here. So be it. As everyone from de Tocqueville to Twain to JFK would say, the doom-and-gloom view is not a signature American trait.

The US has a different intellectual and spiritual capital than most countries. It's relentlessly entrepreneurial, which is another way of saying many here instinctually see opportunity in change, not doom. (I think Obama might like that formulation, too.) I look around and see that people who bought into the "twice-a-month paycheck for life and then a gold watch" model are fearful of change. They should be. That lifestyle is disappearing along with other cultural relics from the 20th Century such as the primacy of television, top-down mass media, Cold War, and the nuclear family. Just as the 20th Century was the death knell to many 19th Century relics. And on and on...

Good. I know a lot of people who sold their lives for paychecks doing stuff they hated. Now, more people than ever have a chance to do something they actually like, or at least, can do in a more flexible, less life-draining way. I work in my home for myself. I commute from the bedroom to the kitchen to the desk and connect to the world through the net. There are millions of people who work this way now, instead of by driving to some skyscraper or manufacturing plant. There will be many more millions to come as the generation that grew up with cell phones, wi-fi, and Facebook - those who know no other way of living - move into the workforce. They, not employers, will drive the workplace revolution to places most can't yet imagine.

I find it ironic that so many progressives, when faced with economic changes, cling to obsolete snapshots of the way the world once was and will never be again. That's a trait I'd normally ascribe to conservatives.

The answers to the two questions. In the US, about a fourth. In France, about three-fourths. How many big French companies can you name, btw? They're like that iceman found in the glacier ten years ago. Frozen in time.


Edit: grammar fix

[entanglement]

29. "Hey Iran you're a rogue terrorist state & we want to bomb you...now please increase oil production"

That should work nicely :sarcasm:

[Buns_of_Fire]

30. So much for "jawboning" them, eh, Chucklenuts?

His buds in Saudi Arabia get the jawboning of an ass;

We just get boned.

Bush's Jawbone Fails Again