« The Palestinian Stalemate | Main | Saying No to the World Court » OPEC & Iran Are Worried
By Micah Halpern
Wednesday March 18, 2009 I've Been Thinking: Iran and several other OPEC countries are worried. Here is the fundamental problem: Iran intends to get as much natural gas as possible, convert it to Liquid Natural Gas (LNG) and become a world class supplier. The Iranians just signed a contact with China for $3.2 billion. China will pay Iran and China will build the LNG technology conversion and Iran will try to prove that they can be the world’s best conduit. OPEC and others are not buying the Iranian argument. The US responded to increased prices by significantly reducing consumption. Let the Iranians suffer. Read my new book THUGS. It's easy. Just click. 4 June 2017 12:13 PM in Thoughts
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