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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:18,828 Points:1,637,220 Joined:Nov 2008	Message Posted: Jul 6, 2012 6:49:57 AM Ignore honda0105 Report Abuse it's from OilPrice.com... a mouthpiece of Pig Oil.
ibhenry Champion Author San Diego Posts:1,536 Points:463,345 Joined:Jun 2011	Message Posted: Jul 5, 2012 8:50:45 AM Ignore ibhenry Report Abuse Not a good idea...but thanks for sharing your opinion, cuz opinions are like......
RitaVespa Champion Author Oregon Posts:3,109 Points:819,820 Joined:Jan 2011	Message Posted: Jul 5, 2012 8:31:33 AM Ignore RitaVespa Report Abuse Keep it up
remay Champion Author Houston Posts:7,078 Points:2,143,965 Joined:May 2006	Message Posted: Jul 5, 2012 6:24:07 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:2,898 Points:619,445 Joined:Sep 2011	Message Posted: Jul 5, 2012 4:54:14 AM Ignore jrs4125 Report Abuse Good for big oil profits.
daequitz Champion Author New Jersey Posts:6,442 Points:1,410,055 Joined:Jan 2007	Message Posted: Jul 5, 2012 3:32:14 AM Ignore daequitz Report Abuse Interesting. Nothing else seems to work.
lunarrv15 Champion Author Cincinnati Posts:15,063 Points:2,410,085 Joined:Dec 2005	Message Posted: Jul 4, 2012 9:46:58 PM Ignore lunarrv15 Report Abuse okay...interesting thanks for posting
mpg611 Champion Author Cleveland Posts:2,479 Points:596,795 Joined:Apr 2011	Message Posted: Jul 4, 2012 9:09:43 PM Ignore mpg611 Report Abuse Duuuuuuuuuh.
listerone Champion Author Boston Posts:3,490 Points:904,490 Joined:Aug 2008	Message Posted: Jul 4, 2012 6:15:13 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:15,874 Points:3,134,850 Joined:May 2004	Message Posted: Jul 4, 2012 11:42:43 AM Ignore bluebird1 Report Abuse I don't think sanctionswill work ...but this makes no sense to me!!!
coughlin Champion Author San Jose Posts:5,324 Points:1,145,340 Joined:Sep 2009	Message Posted: Jul 4, 2012 11:03:26 AM 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 10:54:34 AM Ignore Rehorsehay Report Abuse Not much of an article, too much speculative opion.
dave27johnson Champion Author Chicago Posts:1,823 Points:433,070 Joined:Feb 2012	Message Posted: Jul 4, 2012 10:36:46 AM Ignore dave27johnson Report Abuse They seem to be working. Give sanctions time.
sljbc475 Champion Author Tucson Posts:4,360 Points:900,075 Joined:Dec 2010	Message Posted: Jul 4, 2012 10:17:16 AM Ignore sljbc475 Report Abuse Let the sanctions continue. Iran needs to feel the pain.
FunMyster All-Star Author Indiana Posts:909 Points:73,480 Joined:Jul 2011	Message Posted: Jul 4, 2012 10:10:35 AM Ignore FunMyster Report Abuse ok
A2J Champion Author Richmond Posts:3,205 Points:628,700 Joined:Aug 2011	Message Posted: Jul 4, 2012 9:45:50 AM Ignore A2J Report Abuse Not really
Agarre Champion Author Richmond Posts:1,335 Points:263,785 Joined:Feb 2012	Message Posted: Jul 4, 2012 9:42:09 AM 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 8:57:04 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 8:31:00 AM Ignore MontanaMac Report Abuse puff piece.
brbts Champion Author Charlotte Posts:3,752 Points:797,240 Joined:Feb 2011	Message Posted: Jul 4, 2012 8:06:49 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:5,501 Points:1,957,705 Joined:Aug 2003	Message Posted: Jul 4, 2012 8:04:23 AM Ignore rjd1608 Report Abuse somebody should edit this item before submitting it
hibsaw Champion Author Mississippi Posts:8,183 Points:1,709,665 Joined:Feb 2008	Message Posted: Jul 4, 2012 8:03:48 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:2,576 Points:525,955 Joined:Aug 2011	Message Posted: Jul 4, 2012 8:03:08 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 8:02:30 AM Ignore TBecker1415 Report Abuse this plan would be good or just nuke them.
Rick01 Champion Author Utah Posts:9,158 Points:2,389,675 Joined:Sep 2005	Message Posted: Jul 4, 2012 8:01:26 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:1,977 Points:1,042,365 Joined:Dec 2008	Message Posted: Jul 4, 2012 8:01:12 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:8,811 Points:1,667,670 Joined:Nov 2008	Message Posted: Jul 4, 2012 7:58:32 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 7:58:21 AM Ignore toneOH Report Abuse k
Diesel_Ram Champion Author Dallas Posts:6,639 Points:1,546,100 Joined:Jan 2009	Message Posted: Jul 4, 2012 7:58:04 AM Ignore Diesel_Ram Report Abuse B.S., I say keep the sanctions!
beohbeNJ Champion Author New Jersey Posts:2,165 Points:558,040 Joined:Sep 2011	Message Posted: Jul 4, 2012 7:57:53 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:9,814 Points:2,647,330 Joined:Mar 2005	Message Posted: Jul 4, 2012 7:57:44 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:5,714 Points:723,685 Joined:Apr 2011	Message Posted: Jul 4, 2012 7:57:22 AM Ignore INBwana Report Abuse Who thinks this is going to work? I don't.
mandoid Champion Author Alabama Posts:7,421 Points:1,554,035 Joined:May 2008	Message Posted: Jul 4, 2012 7:56:18 AM Ignore mandoid Report Abuse Happy 4th Everybody!
mconley1967 All-Star Author Louisville Posts:586 Points:379,730 Joined:Mar 2012	Message Posted: Jul 4, 2012 7:56:12 AM Ignore mconley1967 Report Abuse Ok
svspyda Champion Author San Jose Posts:1,748 Points:354,985 Joined:May 2012	Message Posted: Jul 4, 2012 7:55:53 AM Ignore svspyda Report Abuse hmmmmm
bvrbill Champion Author Eugene Posts:3,440 Points:546,000 Joined:Jul 2011	Message Posted: Jul 4, 2012 7:55:24 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:6,811 Points:1,612,165 Joined:Nov 2007	Message Posted: Jul 4, 2012 7:55:03 AM Ignore zimowski Report Abuse Too bad that China and India are not on board.
DABEE1073 Champion Author San Diego Posts:8,350 Points:1,599,810 Joined:Jun 2008	Message Posted: Jul 4, 2012 7:53:26 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:8,902 Points:1,663,960 Joined:Jul 2002	Message Posted: Jul 4, 2012 7:53:16 AM Ignore Jamer Report Abuse Simple solution, NUKE Iran and be done with it.
Wanda127 Champion Author Florida Posts:2,570 Points:941,325 Joined:May 2010	Message Posted: Jul 4, 2012 7:53:02 AM Ignore Wanda127 Report Abuse We need to forget Iran & drill at home in the the U.S.
pecos Champion Author Columbus Posts:7,799 Points:2,131,040 Joined:Jul 2005	Message Posted: Jul 4, 2012 7:52:25 AM Ignore pecos Report Abuse They gotta do something though.
JimL1 Champion Author Phoenix Posts:8,319 Points:1,258,720 Joined:Jul 2003	Message Posted: Jul 4, 2012 7:49:37 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:1,775 Points:618,760 Joined:Mar 2011	Message Posted: Jul 4, 2012 7:49:20 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:3,845 Points:782,010 Joined:Mar 2011	Message Posted: Jul 4, 2012 7:48:51 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:7,661 Points:1,532,795 Joined:Oct 2008	Message Posted: Jul 4, 2012 7:48:04 AM Ignore doncNJ Report Abuse They are still selling to india and china.
altonb1 Champion Author Pennsylvania Posts:9,477 Points:1,549,245 Joined:Jul 2005	Message Posted: Jul 4, 2012 7:47:06 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:2,828 Points:596,500 Joined:Jul 2008	Message Posted: Jul 4, 2012 7:46:38 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:9,994 Points:3,148,880 Joined:Apr 2003	Message Posted: Jul 4, 2012 7:46:38 AM Ignore Cheepo Report Abuse Just keep the strait open!!!!!!
run4gxc Champion Author Ohio Posts:2,755 Points:626,630 Joined:May 2011	Message Posted: Jul 4, 2012 7:45:37 AM Ignore run4gxc Report Abuse ok
bobzilla11 Champion Author Indiana Posts:1,313 Points:521,350 Joined:May 2011	Message Posted: Jul 4, 2012 7:45:11 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?