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Petrodollar Warfare: Dollars, Euros & the Upcoming Iranian Oil Bourse
Posted by: incognegro
Date: March 07, 2006 12:07PM
[www.energybulletin.net]

This article is from August of last year, but we are fast approaching the day of reckoning.

What are your thoughts on this?

Related link: The Iranian Oil Bourse, from earlier this year:
[www.energybulletin.net]





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Re: Petrodollar Warfare: Dollars, Euros & the Upcoming Iranian Oil Bourse
Posted by: Refurbvirgin
Date: March 07, 2006 02:44PM
There was a story going around about how Saddam was planning to price his oil in Euros, and that's one of the reasons we attacked him, but I think someone here refuted that, saying oil was sold for whatever currency was presented, and converted on the spot by current values. The PNAC plan for world hegemony depends on controlling the oil the world economy runs on so some reason will be found to attack Iran. Israel says its anti-ballistic missile defense can knock down any Iranian counter attack, so the stage is set for a repeat of the sanctions that weakened Iraq in preparation for its conquest. Unfortunately this time the US attack will be on a fully armed nation whose allies are the very government we've installed in Baghdad. I wonder if Bush is smart enough to pull our troops out of Iraq before he bombs Iran? Otherwise they're sitting ducks for a counterattack. Ahmadnejad seems to have no fear of the consequences, and speaks for those in Iran who deeply hate America, perhaps to the extent to give their lives to strike against the targets we've left temptingly close.
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Re: Petrodollar Warfare: Dollars, Euros & the Upcoming Iranian Oil Bourse
Posted by: Refurbvirgin
Date: March 07, 2006 02:48PM
Iranically, we've given them every reason in the world to strive to hurriedly develop nuclear weapons. We give advanced nuclear technology to India, a rogue state with no NPT obligations, and negotiate with Korea, which we suspect already has nukes, yet clamp down hard on Iran, while giving massive support to Israel, which also has boodles of nukes to threaten its neighbors. What we have here is a failure to cogitate.
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Re: Petrodollar Warfare: Dollars, Euros & the Upcoming Iranian Oil Bourse
Posted by: incognegro
Date: March 08, 2006 01:14PM
HERE WE GO...

[abcnews.go.com]

VIENNA, Austria Mar 8, 2006 (AP)— Iran threatened the United States with "harm and pain" Wednesday for its role in hauling Tehran before the U.N. Security Council over its nuclear program and for plans to push fellow council members to impose tough measures against the Islamic republic.




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