Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

Preparatory measures taken to sell oil in euros

Discussions about the economic and financial ramifications of PEAK OIL

Preparatory measures taken to sell oil in euros

Unread postby Carlhole » Sun 04 Dec 2005, 18:20:37

Preparatory measures taken to sell oil in euros

$this->bbcode_second_pass_quote('source', 'T')EHRAN, Dec. 2 (MNA) - The Chairman of the Majlis Energy Commission, Kamal Daneshyar said here, on Friday, that preparatory measures have been taken to sell oil in euros instead of dollar, adding that such a measure is quite positive and should be taken as soon as possible.

Speaking to the Persian service of Iranian Students News Agency (ISNA), he went on to say that Iran should at the first phase sell its oil in both Dollar and Euro, and then gradually move toward Euro as the mere source.

As for the probable consequences of such a decision, Daneshyar said that when such a measure is taken, the United States would soon realize that it is not the one who can always inflict economic damages on the Islamic Republic and that Iran can also get even with it.

Daneshyar who also represents Mahshahr in the Majlis noted that prior to this the way was not paved for undertaking such a program, adding that fortunately the present government possesses the necessary management bravery to prepare the ground for taking such a measure.
Carlhole
 

Re: Preparatory measures taken to sell oil in euros

Unread postby Hegel » Sun 04 Dec 2005, 18:20:42

Are we going to have a thermo-nuclear lit Christmas this year?
Never underestimate the power of stupid people in large groups.

Current Doomerosity Level (Jaymax Scale): 5
User avatar
Hegel
Peat
Peat
 
Posts: 136
Joined: Sun 18 Jul 2004, 03:00:00
Location: Germany

Re: Preparatory measures taken to sell oil in euros

Unread postby lorenzo » Sun 04 Dec 2005, 20:18:51

Dictators who dare to touch the petro-dollar are ousted and if necessary their people exterminated. It's that simple. Next.
User avatar
lorenzo
Intermediate Crude
Intermediate Crude
 
Posts: 2184
Joined: Sat 01 Jan 2005, 04:00:00

Re: Preparatory measures taken to sell oil in euros

Unread postby MfromAmsterdam » Mon 05 Dec 2005, 07:25:40

The Iranian Oil Bourse will never be allowed to go operative by USrael... and large scale war (and one with Iran is one) in the ME means basicly no oil. Can the capitalist system survive that in its present shape?

Dont think so.

Michel
MfromAmsterdam
Wood
Wood
 
Posts: 40
Joined: Wed 30 Nov 2005, 04:00:00
Location: Amsterdam, Holland

Re: Preparatory measures taken to sell oil in euros

Unread postby Flow » Mon 05 Dec 2005, 12:54:14

Saddam H. was proposing the same thing and the next thing you know the US is talking about WMDs in Iraq. Funny thing is (well funny is a bad word) we are hearing the same thing about Iran now. Hmmmmm.....
User avatar
Flow
Peat
Peat
 
Posts: 166
Joined: Sat 05 Nov 2005, 04:00:00


Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 1 guest

cron