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Old 07-30-2007, 10:00 PM   #18
Seraph
Quintesson
 

Join Date: September 12, 2001
Location: Ewing, NJ
Age: 43
Posts: 1,079
Quote:
Originally posted by Ziroc:
What do you think would happen if Iran cut all exports to us? Just speculate... (And also Venezuela)
Iran has a lot of oil, but currently lacks the refinery capability to keep itself supplied with gas. An Iranian oil embargo would likely end up with the west killing the import of gas into Iran, which could lead to something real ugly real fast.

BTW: This problem with gas meshes nicely with the Iranian nuclear program. They've learned their lesson, and do not want to have their energy sources controlled by foreign countries.
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