Iran rations petrol

Skybird · 06-27-07, 03:25 AM

http://news.bbc.co.uk/2/hi/middle_east/6243644.stm

Last year they already needed to import refined petrol for 3-4 billion bollars. Roughly 40% of the oil they produce they are consuming themselves, which leaves their exports producing too little income from their oil, instead they spend money on feeding their growing energy needs (which tripled since 1980). The old currency was the Toman, at times of the Schah one Euro today would have counted for around 3 Toman. thanks to the sophisticated policies and economical knowledge of Khomeni and his successors, 1 Euro today buys only 1200-1400 Toman. current inflation rate of recent years is 13-15%

TteFAboB · 06-27-07, 03:00 PM

They forgot how to do algebra?

06-27-07, 03:10 PM

Quote:

The US, which is leading efforts to pressure Iran to suspend its uranium enrichment activities, has said Iran's fuel imports are a point of "leverage".

I guess vulnerability comes in many forms.

Edit:
My old man used to say, 'If you play with the bull, you're going to get the horns'.
Edit 2:
According to Petroleum Argus, around 60 percent of refined oil comes from European oil trader, Vitol.

Heibges · 06-27-07, 04:47 PM

...and apparently Iranians aren't too happy about it.

http://www.latimes.com/news/nationwo...la-home-center

TLAM Strike · 06-27-07, 05:22 PM

Redirecting their refining capacity to other things like say military grade Diesel and Jet Fuel maybe???

bookworm_020 · 06-27-07, 06:56 PM

When you have a car like this to drive, you can see why there is a shortage of fuel!

http://news.bbc.co.uk/2/hi/business/4551841.stm

06-27-07, 03:25 AM	#1
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,604 Downloads: 10 Uploads: 0	Iran rations petrol http://news.bbc.co.uk/2/hi/middle_east/6243644.stm Last year they already needed to import refined petrol for 3-4 billion bollars. Roughly 40% of the oil they produce they are consuming themselves, which leaves their exports producing too little income from their oil, instead they spend money on feeding their growing energy needs (which tripled since 1980). The old currency was the Toman, at times of the Schah one Euro today would have counted for around 3 Toman. thanks to the sophisticated policies and economical knowledge of Khomeni and his successors, 1 Euro today buys only 1200-1400 Toman. current inflation rate of recent years is 13-15% __________________ If you feel nuts, consult an expert.

06-27-07, 03:00 PM	#2
TteFAboB Admiral Join Date: Oct 2004 Posts: 2,247 Downloads: 4 Uploads: 0	They forgot how to do algebra? __________________ "Tout ce qui est exagéré est insignifiant." ("All that is exaggerated is insignificant.") - Talleyrand

06-27-07, 04:47 PM	#4
Heibges Sea Lord Join Date: Feb 2004 Location: San Francisco, California Posts: 1,633 Downloads: 1 Uploads: 0	...and apparently Iranians aren't too happy about it. http://www.latimes.com/news/nationwo...la-home-center __________________ U.Kdt.Hdb B. I. 28) This possibility of using the hydrophone to help in detecting surface ships should, however, be restricted to those cases where the submarine is unavoidably compelled to stay below the surface. http://www.hackworth.com/

06-27-07, 05:22 PM	#5
TLAM Strike Navy Seal Join Date: Apr 2002 Location: Rochester, New York Posts: 8,633 Downloads: 29 Uploads: 6	Redirecting their refining capacity to other things like say military grade Diesel and Jet Fuel maybe??? __________________

06-27-07, 06:56 PM	#6
bookworm_020 Navy Seal Join Date: Aug 2005 Location: Sinking ships off the Australian coast Posts: 5,966 Downloads: 1 Uploads: 0	When you have a car like this to drive, you can see why there is a shortage of fuel! http://news.bbc.co.uk/2/hi/business/4551841.stm __________________ "There is always one person in any organization who knows whats going on, That person must be fired"