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Iran announces discovery of massive new oil field

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About time for the Iranians to have some democracy and freedom.

Just like the good old U.S.A., leader of the free world!

(sarcasm)

0 ( +0 / -0 )

And the price of oil will fall, sometime soon or ....never lol!

0 ( +0 / -0 )

About time for the Iranians to have some democracy and freedom.

0 ( +0 / -0 )

Iran is definitely in need of some freedom now.

Right now? That would require the mullahs to be forcibly kicked out of power and replaced with secular leaders. Who's going to do that? I'm afraid Iranians are in for a rough ride for years to come.

-4 ( +0 / -4 )

53 bn divided by 93 mil barrels a day is only 1.5 years at 2015 consumption.

But it could be an additional 75 years for Iran if they were to use it all for themselves.

0 ( +1 / -1 )

New oil field?

Iran is definitely in need of some freedom now.

1 ( +1 / -0 )

Time for another war!

"Iran has WMVs and we know where they are!"

No worries, McCain and Clinton are never going to be president.

-5 ( +1 / -6 )

It's all about the oil.

2 ( +2 / -0 )

53 bn divided by 93 mil barrels a day is only 1.5 years at 2015 consumption.. Whoop de doo

0 ( +0 / -0 )

Venezuela's poor for many reasons, mainly because of its corrupt leaders who have control over the resource and the wealth it generates. They've kept too much for themselves while 90% of the country lives in or near poverty. It's also poor because of terrible decisions made by Chavez, made worse by decisions made by Putin's puppet Maduro, and by sanctions led by the US.

Sanctions are the least of Venezuela's problems.

Their major issues are, as you said, corrupt government stealing all the money, and the government nationalizing major industries, staffing it with cronies and then running said industries into the ground because they don't know how to run them.

1 ( +2 / -1 )

Oil means nothing. Venezuela has the largest oil reserves and it is piss poor.

Venezuela's poor for many reasons, mainly because of its corrupt leaders who have control over the resource and the wealth it generates. They've kept too much for themselves while 90% of the country lives in or near poverty. It's also poor because of terrible decisions made by Chavez, made worse by decisions made by Putin's puppet Maduro, and by sanctions led by the US.

6 ( +7 / -1 )

Time for another war!

Time to reduce the amounts of oil and gas burnt to eliminate wars for oil. Time to move away from the fossil economy. And the weapons economy.

3 ( +3 / -0 )

A good news for Iran. Now there is no need for Nuclear power in Iran. Ditch it.

-1 ( +2 / -3 )

Time for another war!

"Iran has WMVs and we know where they are!"

7 ( +7 / -0 )

The find would add around 34 percent to the OPEC member's current proven reserves, estimated by energy giant BP at 155.6 billion barrels.

Assuming that major producers still belong to OPEC, that indeed would be worthy of the word "massive". I'm surprised something that big and valuable can go undetected.

1 ( +1 / -0 )

@serranoFortunately Donald Trump is in charge and the regime change planners are gonna have to cool their heels.

Exactly. Russia and Iran are partners (see Syria, see Gas Exporting Countries Forum). Trump's Putin's pal. As long as Trump's in office, the Russia-Iran circle will not be broken.

Trump and his neo-cons will continue to talk tough about Iran, keep the theater going, knowing that way they can justify even more spending on defense, an industry whose growth keeps the US economy going and Trump and the GOP in office. While things like healthcare and infrastructure are ignored.

After Trump leaves office It will be interesting to see what his family syndicate's global business empire will be doing in Russia's Eurasian Economic Union and other parts of the world where he's appeased rightwing dictators.

0 ( +1 / -1 )

Fortunately Donald Trump is in charge and the regime change planners are gonna have to cool their heels.

At least you've dropped the incorrect claim that Donny is bringing the troops home from the ME.

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Pentagon regime change planners just got told they’ll be working overtime for the next few months.

Fortunately Donald Trump is in charge and the regime change planners are gonna have to cool their heels.

-5 ( +5 / -10 )

Pentagon regime change planners just got told they’ll be working overtime for the next few months.

By your boy Donny.

-1 ( +4 / -5 )

Iran has struggled to sell its oil since U.S. President Donald Trump withdrew from a landmark 2015 nuclear deal last year and reimposed unilateral sanctions.

This is only temporary, when the world starts complaining about rising prices of gasoline their oil will flow too!

2 ( +5 / -3 )

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