Iran's Ahmadinejad 'is new Opec head'

[AgeOfEnlightenmentSCP]

www.upstreamonline.com/live/article256679.ece

Or so it would seem. Here is the rationale for this conclusion:

Mahmoud Ahmadinejad has been called many things over the years, but it seems the Iranian president can now term himself the new head of Opec.

Eoin O'Cinneide 16 May 2011 16:21 GMT

Ahmadinejad would appear to be taking over presidency of the oil and gas producers’ cartel after branding himself Iran’s new oil minister.

The fervent backer of Iran’s nuclear power programme is putting himself in the shoes of Masoud Mir-Kazemi who was dismissed from the post on Saturday as the country tried to cut administrative red tape and spending.

In an interview with state television on Sunday, Ahmadinejad said: "For the time being, I am the caretaker of the oil ministry”.

As head of the oil ministry in Iran, which currently holds presidency of Opec, Mir-Kazemi is still listed on the cartel’s website as ‘president of the conference’ and ‘head of delegation’.

Upstream awaits clarification on the issue from Opec’s public relations department.

[Deleted]

Disgusting!! Paul-- see the video I just posted on Golan Heights. So awesome that the psycho of the world is taking control.

[marshabar1]

WEIRD TIMES!!!!!!!

[AgeOfEnlightenmentSCP]

All kinds of nobody seems to grasp the significance of this. Seems to have fallen flat.

[Deleted]

They either do not believe or do not care. Who knows?

[cme1201]

May 17, 2011 13:03:05 GMT -5 @krickitt said:

They either do not believe or do not care. Who knows?

More too do with, there is nothing we can do about it. As long as OPEC controls the flow of oil we buy they have control, One arab allowing another Arab to determine production of Crude that we buy, not really a big deal.

If amendajaberwockyinthehouse or what ever his name is decides that he is going to kill the golden goose (America's money buying there product) and close the spigot off, what can we realistically do?

We need to open more exploration and drilling here, the sooner the better.

[Deleted]

Well, Obama has supposedly folded to pressure from Repubs and is going to do that. BUT-- he said that last year, too.

[floridayankee]

May 17, 2011 13:50:44 GMT -5 cme1201 said:

If amendajaberwockyinthehouse or what ever his name is decides that he is going to kill the golden goose (America's money buying there product) and close the spigot off, what can we realistically do?

It'll never happen. We all know the Saudi's really run OPEC. We learned that in 2008 when they walked out on the cartel and refused to honor their production cut. Production limits previously set were largely ignored as well. They also realize that instability in an economy as large as ours would be counterproductive to their goals of making lots and lots of money.

For the most part, OPEC has lost its teeth. Sure OPEC can still move prices to "show they're in charge" but countries will "cheat" and overproduce as prices rise. If not, non-producing countries will purchase oil and resell to the US simply to make money. Welcome to a global economy boys and girls! It's not 1973 any more.

[Deleted]

No one ever asked ME if I was interested in a global economy!! You guys?? LOL, I'm going to look for polls about that.

[Deleted]

LOL, there are several. Just picked the top story.
www.washingtonpost.com/wp-dyn/content/article/2011/01/28/AR2011012801651.html

HEY!!! We don't LIKE this-- anyone listening?
;D

[cme1201]

May 17, 2011 15:08:15 GMT -5 floridayankee said:

May 17, 2011 13:50:44 GMT -5 cme1201 said:

If amendajaberwockyinthehouse or what ever his name is decides that he is going to kill the golden goose (America's money buying there product) and close the spigot off, what can we realistically do?

It'll never happen. We all know the Saudi's really run OPEC. We learned that in 2008 when they walked out on the cartel and refused to honor their production cut. Production limits previously set were largely ignored as well. They also realize that instability in an economy as large as ours would be counterproductive to their goals of making lots and lots of money.

For the most part, OPEC has lost its teeth. Sure OPEC can still move prices to "show they're in charge" but countries will "cheat" and overproduce as prices rise. If not, non-producing countries will purchase oil and resell to the US simply to make money. Welcome to a global economy boys and girls! It's not 1973 any more.

Oh, I agree with you FloridaYankee.

I just see it as if OPEC or any other country we buy our oil from decides that they will raise prices simply because we will pay what they ask, what are we to reallisticlly do?

We grumble, we whine, we pitch a fit and continue filling our vehicles to get where we need/want to go.

[ed1066]

Where's Lakhota on this thread? She said she supports Ahmedinejad. This is good news for the hard left...

[AgeOfEnlightenmentSCP]

It's official. Ahmedinejad will lead the next meeting of OPEC.

[AgeOfEnlightenmentSCP]

www.forbes.com/feeds/ap/2011/05/18/general-ml-iran-opec_8472067.html

[Deleted]

Peachy. Always a good idea to give a psychopath more power.