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If the US Want to Pressure Iran they Should Scrap the Sanctions

OilPrice.com -- EU sanctions took full effect against Iran on the 1st of July, and the US are hoping that they will be the final straw that breaks the camel’s back; putting sufficient economic pressure on Iran that they will be forced to negotiate on their nuclear enrichment program. However, in truth the sanctions are not having the impact that was hoped for. Between January and June this year, before the majority of the sanctions started to operate, oil prices averaged a record high of $114 per barrel, mostly due to the threat of US sanctions against Iran, enabling Tehran to save $100 billion.

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Submitted Jul 04, 2012 By: NOTSOGRN

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honda0105 Champion Author Tallahassee Posts:18,643 Points:1,611,470 Joined:Nov 2008	Message Posted: Jul 6, 2012 9:49:57 AM Ignore honda0105 Report Abuse it's from OilPrice.com... a mouthpiece of Pig Oil.
ibhenry Champion Author San Diego Posts:1,536 Points:457,945 Joined:Jun 2011	Message Posted: Jul 5, 2012 11:50:45 AM Ignore ibhenry Report Abuse Not a good idea...but thanks for sharing your opinion, cuz opinions are like......
RitaVespa Champion Author Oregon Posts:2,991 Points:794,310 Joined:Jan 2011	Message Posted: Jul 5, 2012 11:31:33 AM Ignore RitaVespa Report Abuse Keep it up
remay Champion Author Houston Posts:6,973 Points:2,119,340 Joined:May 2006	Message Posted: Jul 5, 2012 9:24:07 AM Ignore remay Report Abuse "If Saudi Arabia keeps its production at 10 million bpd, the prices could fall as low as $60 per barrel, and this will definitely negatively impact on the Iranian budget". Sounds like a plan!
jrs4125 Champion Author Indiana Posts:2,768 Points:593,695 Joined:Sep 2011	Message Posted: Jul 5, 2012 7:54:14 AM Ignore jrs4125 Report Abuse Good for big oil profits.
daequitz Champion Author New Jersey Posts:6,327 Points:1,385,555 Joined:Jan 2007	Message Posted: Jul 5, 2012 6:32:14 AM Ignore daequitz Report Abuse Interesting. Nothing else seems to work.
lunarrv15 Champion Author Cincinnati Posts:14,882 Points:2,387,260 Joined:Dec 2005	Message Posted: Jul 5, 2012 12:46:58 AM Ignore lunarrv15 Report Abuse okay...interesting thanks for posting
mpg611 Champion Author Cleveland Posts:2,345 Points:571,795 Joined:Apr 2011	Message Posted: Jul 5, 2012 12:09:43 AM Ignore mpg611 Report Abuse Duuuuuuuuuh.
listerone Champion Author Boston Posts:3,385 Points:880,515 Joined:Aug 2008	Message Posted: Jul 4, 2012 9:15:13 PM Ignore listerone Report Abuse Israel has the definitive solution to the scumbags with the white beards and black dresses already planned.They're just waiting to see if the point of no return has arrived.They know that their very survival is at stake.
bluebird1 Champion Author Toronto Posts:15,745 Points:3,110,075 Joined:May 2004	Message Posted: Jul 4, 2012 2:42:43 PM Ignore bluebird1 Report Abuse I don't think sanctionswill work ...but this makes no sense to me!!!
coughlin Champion Author San Jose Posts:5,195 Points:1,119,815 Joined:Sep 2009	Message Posted: Jul 4, 2012 2:03:26 PM Ignore coughlin Report Abuse There may be unintended consequences
Rehorsehay All-Star Author California Posts:871 Points:45,925 Joined:Feb 2012	Message Posted: Jul 4, 2012 1:54:34 PM Ignore Rehorsehay Report Abuse Not much of an article, too much speculative opion.
dave27johnson Champion Author Chicago Posts:1,790 Points:410,260 Joined:Feb 2012	Message Posted: Jul 4, 2012 1:36:46 PM Ignore dave27johnson Report Abuse They seem to be working. Give sanctions time.
sljbc475 Champion Author Tucson Posts:4,230 Points:874,325 Joined:Dec 2010	Message Posted: Jul 4, 2012 1:17:16 PM Ignore sljbc475 Report Abuse Let the sanctions continue. Iran needs to feel the pain.
FunMyster All-Star Author Indiana Posts:907 Points:73,215 Joined:Jul 2011	Message Posted: Jul 4, 2012 1:10:35 PM Ignore FunMyster Report Abuse ok
A2J Champion Author Richmond Posts:3,085 Points:604,900 Joined:Aug 2011	Message Posted: Jul 4, 2012 12:45:50 PM Ignore A2J Report Abuse Not really
Agarre Champion Author Richmond Posts:1,335 Points:263,785 Joined:Feb 2012	Message Posted: Jul 4, 2012 12:42:09 PM Ignore Agarre Report Abuse Really ?
BuckyTJones Champion Author Salt Lake City Posts:4,932 Points:967,950 Joined:Mar 2010	Message Posted: Jul 4, 2012 11:57:04 AM Ignore BuckyTJones Report Abuse And now the manure gets spread.
MontanaMac Champion Author Washington Posts:1,736 Points:410,050 Joined:May 2011	Message Posted: Jul 4, 2012 11:31:00 AM Ignore MontanaMac Report Abuse puff piece.
brbts Champion Author Charlotte Posts:3,648 Points:777,340 Joined:Feb 2011	Message Posted: Jul 4, 2012 11:06:49 AM Ignore brbts Report Abuse If we could get our own and KEEP it here, we could get OUT of the Middle East and the (blank) with them all! Blow it up, wipe them off the map or just let them kill each other - how many times do we have to keep taking care of these countires over there - Happy 4th everyone - remember what it means and what the day is for!
rjd1608 Champion Author Toledo Posts:5,371 Points:1,931,955 Joined:Aug 2003	Message Posted: Jul 4, 2012 11:04:23 AM Ignore rjd1608 Report Abuse somebody should edit this item before submitting it
hibsaw Champion Author Mississippi Posts:8,052 Points:1,683,915 Joined:Feb 2008	Message Posted: Jul 4, 2012 11:03:48 AM Ignore hibsaw Report Abuse The oil speculators will milk the Iran situation to the max. Get ready for some higher gas prices.
teamsimons Champion Author South Carolina Posts:2,483 Points:504,070 Joined:Aug 2011	Message Posted: Jul 4, 2012 11:03:08 AM Ignore teamsimons Report Abuse When have sanctions ever had the desired effect? If we were in Iran's shoes, we would resent the USA's embargo and attempted "economic pressure." Still, according to Wikipedia, 80% of Iran's exports are petroleum: http://en.wikipedia.org/wiki/Economy_of_Iran. During this embargo, what will be the effect on gas prices here? If the USA won't buy, maybe China will.
TBecker1415 Champion Author Missouri Posts:1,670 Points:349,690 Joined:Nov 2011	Message Posted: Jul 4, 2012 11:02:30 AM Ignore TBecker1415 Report Abuse this plan would be good or just nuke them.
Rick01 Champion Author Utah Posts:9,028 Points:2,364,525 Joined:Sep 2005	Message Posted: Jul 4, 2012 11:01:26 AM Ignore Rick01 Report Abuse Come next month it's time for Israel to do what they need to do to stop the threats.
WTLITNG Champion Author Virginia Posts:1,861 Points:1,016,920 Joined:Dec 2008	Message Posted: Jul 4, 2012 11:01:12 AM Ignore WTLITNG Report Abuse Keep the sanctions. As for BHO, "even a blind hog can find an acorn once in a while."
I10Express Champion Author San Antonio Posts:8,679 Points:1,641,920 Joined:Nov 2008	Message Posted: Jul 4, 2012 10:58:32 AM Ignore I10Express Report Abuse Who thought BHO knew what he was doing or that the sanctions were working?
toneOH All-Star Author Ohio Posts:551 Points:32,195 Joined:May 2011	Message Posted: Jul 4, 2012 10:58:21 AM Ignore toneOH Report Abuse k
Diesel_Ram Champion Author Dallas Posts:6,512 Points:1,520,410 Joined:Jan 2009	Message Posted: Jul 4, 2012 10:58:04 AM Ignore Diesel_Ram Report Abuse B.S., I say keep the sanctions!
beohbeNJ Champion Author New Jersey Posts:2,057 Points:536,380 Joined:Sep 2011	Message Posted: Jul 4, 2012 10:57:53 AM Ignore beohbeNJ Report Abuse In a perfect world nobody would have nukes at all. I do find it hypocritical that countries with nukes are telling Iran that they can't have them. Iran needs a revolution (like Egypt and Libia) to bring change.
Don20 Champion Author Oklahoma City Posts:9,682 Points:2,621,580 Joined:Mar 2005	Message Posted: Jul 4, 2012 10:57:44 AM Ignore Don20 Report Abuse I don't think sanctions have ever worked to the extent that they had planned.. To many loop holes...
INBwana Champion Author Indiana Posts:5,477 Points:697,935 Joined:Apr 2011	Message Posted: Jul 4, 2012 10:57:22 AM Ignore INBwana Report Abuse Who thinks this is going to work? I don't.
mandoid Champion Author Colorado Springs Posts:7,311 Points:1,529,000 Joined:May 2008	Message Posted: Jul 4, 2012 10:56:18 AM Ignore mandoid Report Abuse Happy 4th Everybody!
mconley1967 All-Star Author Louisville Posts:586 Points:361,730 Joined:Mar 2012	Message Posted: Jul 4, 2012 10:56:12 AM Ignore mconley1967 Report Abuse Ok
svspyda Champion Author San Jose Posts:1,678 Points:340,935 Joined:May 2012	Message Posted: Jul 4, 2012 10:55:53 AM Ignore svspyda Report Abuse hmmmmm
bvrbill Champion Author Eugene Posts:3,229 Points:520,575 Joined:Jul 2011	Message Posted: Jul 4, 2012 10:55:24 AM Ignore bvrbill Report Abuse The sanctions may not be the best idea. But I don't want my sons to have to go to war in some desert, either. Exhaust all options first.
zimowski Champion Author San Jose Posts:6,681 Points:1,586,415 Joined:Nov 2007	Message Posted: Jul 4, 2012 10:55:03 AM Ignore zimowski Report Abuse Too bad that China and India are not on board.
DABEE1073 Champion Author San Diego Posts:8,215 Points:1,575,035 Joined:Jun 2008	Message Posted: Jul 4, 2012 10:53:26 AM Ignore DABEE1073 Report Abuse IF THEY ARE GOING TOO HAVE SANCTIONS AGAINST A COUNTRY THEY MUST BE TOTAL AND WITHOUT ANY LOOPHOLES. SQUEEZE THEM HARD. MAKE IT HURT.
Jamer Champion Author Las Vegas Posts:8,769 Points:1,638,210 Joined:Jul 2002	Message Posted: Jul 4, 2012 10:53:16 AM Ignore Jamer Report Abuse Simple solution, NUKE Iran and be done with it.
Wanda127 Champion Author Florida Posts:2,499 Points:916,755 Joined:May 2010	Message Posted: Jul 4, 2012 10:53:02 AM Ignore Wanda127 Report Abuse We need to forget Iran & drill at home in the the U.S.
pecos Champion Author Columbus Posts:7,730 Points:2,113,260 Joined:Jul 2005	Message Posted: Jul 4, 2012 10:52:25 AM Ignore pecos Report Abuse They gotta do something though.
JimL1 Champion Author Phoenix Posts:8,222 Points:1,243,395 Joined:Jul 2003	Message Posted: Jul 4, 2012 10:49:37 AM Ignore JimL1 Report Abuse USA sanctions have worked so well in the past (for example Cuba for the last 50+ years, through both Republican and Democrat administrations) we should use them everywhere---not!!!!!!!
mlmeng Champion Author Michigan Posts:1,645 Points:593,010 Joined:Mar 2011	Message Posted: Jul 4, 2012 10:49:20 AM Ignore mlmeng Report Abuse Isn't this the point in time for similar events where Israel steps in and takes care of the matter.
livedream Champion Author Michigan Posts:3,695 Points:757,010 Joined:Mar 2011	Message Posted: Jul 4, 2012 10:48:51 AM Ignore livedream Report Abuse Typical opinion piece garbage article from OilPrice.com -- The online propaganda site for Big Oil!! Of course Big Oil will denounce sanctions against their good buddies in OPEC! Sanctions would be bad for precious Big Oil PROFITS!
doncNJ Champion Author New Jersey Posts:7,531 Points:1,507,045 Joined:Oct 2008	Message Posted: Jul 4, 2012 10:48:04 AM Ignore doncNJ Report Abuse They are still selling to india and china.
altonb1 Champion Author Pennsylvania Posts:9,346 Points:1,523,495 Joined:Jul 2005	Message Posted: Jul 4, 2012 10:47:06 AM Ignore altonb1 Report Abuse Know what works better at stopping a nuclear program? Bombs. These sanctions aren't doing much, so just take out the nuclear program with air strikes and be done with it.
GasPriceHelp4u Champion Author Dayton Posts:2,697 Points:570,750 Joined:Jul 2008	Message Posted: Jul 4, 2012 10:46:38 AM Ignore GasPriceHelp4u Report Abuse I don't think that's the right thing to do!!! Keep the pressure on by enforcing the sanctions!!!
Cheepo Champion Author Tampa Posts:9,889 Points:3,128,005 Joined:Apr 2003	Message Posted: Jul 4, 2012 10:46:38 AM Ignore Cheepo Report Abuse Just keep the strait open!!!!!!
run4gxc Champion Author Ohio Posts:2,721 Points:613,425 Joined:May 2011	Message Posted: Jul 4, 2012 10:45:37 AM Ignore run4gxc Report Abuse ok
bobzilla11 Champion Author Indiana Posts:1,206 Points:497,225 Joined:May 2011	Message Posted: Jul 4, 2012 10:45:11 AM Ignore bobzilla11 Report Abuse historically prices have risen right before the hollidays, then fell afterwards,this year the opposite is true. who decided to do that?