JohnQPublic
21st February 2013, 12:26 PM
Why is the Washington Post Surprised at High Gas Prices? (http://oilprice.com/Energy/Gas-Prices/Why-is-the-Washington-Post-Surprised-at-High-Gas-Prices.html)
"The Washington Post is surprised by the ‘mysterious’ high cost of gasoline (http://www.washingtonpost.com/business/economy/gas-prices-are-on-a-mysterious-climb/2013/02/19/26298f84-7ade-11e2-82e8-61a46c2cde3d_story.html) in the US but does not mention in this article that the US government, at the insistence of the Israel lobbies, reduced Iran’s petroleum exports (http://www.middle-east-online.com/english/?id=56955%20) by 40% in 2012 by strong-arming countries to leave it in the ground and not import it on threat of third-party US sanctions..."
"..The Neoconservatives behind the largely congressionally-led financial blockade against Iran’s oil exports (mandated by last year’s National Defense Authorization Act) promised that the policy would not harm the American economy because Saudi Arabia would be willing to pump extra petroleum to cover the Iranian shortfall. The Saudi ability to replace Iranian exports in the medium to long term, however, is doubted by many analysts, and Saudi exports fell slightly in the last quarter of 2012 from last summer’s heights. There was also a strike at a plant (http://www.energylivenews.com/2013/02/08/opec-oil-flow-drops-as-saudi-squeezes-production/) in Libya, and continued security problems for exports in northern Iraq. Not to mention that Syria and South Sudan exports have been halted by political upheaval (http://www.forbes.com/sites/kenrapoza/2013/02/17/world-oil-hits-supply-constraints-north-sea-production-nears-historic-low/), and that technical problems reduced the UK’s North Sea production..."
"...Polls show that drilling for oil in the US, even with environmentally dubious methods such as hydraulic fracturing, is popular with the US public. What they don’t seem to realize is that our sanctions on Iran are the same as closing down a sixth of US production.Why WaPo and many other American news sources more or less cover up the effect of the US war on Iranian petroleum exports in keeping world oil and gasoline prices high is what is mysterious to me.
By. Professor Juan Cole"
"The Washington Post is surprised by the ‘mysterious’ high cost of gasoline (http://www.washingtonpost.com/business/economy/gas-prices-are-on-a-mysterious-climb/2013/02/19/26298f84-7ade-11e2-82e8-61a46c2cde3d_story.html) in the US but does not mention in this article that the US government, at the insistence of the Israel lobbies, reduced Iran’s petroleum exports (http://www.middle-east-online.com/english/?id=56955%20) by 40% in 2012 by strong-arming countries to leave it in the ground and not import it on threat of third-party US sanctions..."
"..The Neoconservatives behind the largely congressionally-led financial blockade against Iran’s oil exports (mandated by last year’s National Defense Authorization Act) promised that the policy would not harm the American economy because Saudi Arabia would be willing to pump extra petroleum to cover the Iranian shortfall. The Saudi ability to replace Iranian exports in the medium to long term, however, is doubted by many analysts, and Saudi exports fell slightly in the last quarter of 2012 from last summer’s heights. There was also a strike at a plant (http://www.energylivenews.com/2013/02/08/opec-oil-flow-drops-as-saudi-squeezes-production/) in Libya, and continued security problems for exports in northern Iraq. Not to mention that Syria and South Sudan exports have been halted by political upheaval (http://www.forbes.com/sites/kenrapoza/2013/02/17/world-oil-hits-supply-constraints-north-sea-production-nears-historic-low/), and that technical problems reduced the UK’s North Sea production..."
"...Polls show that drilling for oil in the US, even with environmentally dubious methods such as hydraulic fracturing, is popular with the US public. What they don’t seem to realize is that our sanctions on Iran are the same as closing down a sixth of US production.Why WaPo and many other American news sources more or less cover up the effect of the US war on Iranian petroleum exports in keeping world oil and gasoline prices high is what is mysterious to me.
By. Professor Juan Cole"