Monday August 13, 2007

I've Been Thinking:

The United States has been exerting significant pressure on international industries to stop trading with Iran.
The results have been somewhat positive and the Iranian oil industry has felt the pressure.

Yesterday Iran fired the head of the National Iranian Oil Company for his failure to stop the United States from taking away oil clients.
Now Iran needs to figure out how to lure back clients.
One of the plans under consideration is for Iran to break from OPEC.
If Iran and OPEC do separate, Iran can offer clients lower cost oil.

Even if they successfully lure back oil clients, Iran is in trouble.
The Iranian oil industry is completely controlled by the state and acts more like a mafia than an efficient monopoly.
Iran is fighting a larger battle than US interference and the loss of oil clients.

Read my new book THUGS. It's easy. Just click.
http://www.thomasnelson.com/consumer/product_detail.asp?sku=1595550739