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Thread: Iran's president says oil prices too low

  1. #1
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    Iran's president says oil prices too low

    Saturday April 19, 4:51 am ET
    Iran's president says oil at $115 a barrel is too low, calls for higher prices

    TEHRAN, Iran (AP) -- Iran's hard-line president declared that crude oil prices, now above $115 a barrel, are too low, state media reported Saturday.
    President Mahmoud Ahmadinejad told an oil and gas exhibition in Tehran on Friday that he thought the commodity still had to "discover its real value," according to the Web site of Iran's state-run television.

    Oil prices have hit all-time highs above $115 a barrel in recent weeks, amid reports that oil and gasoline reserves in the United States were lower than expected and as the dollar sinks to record lows.

    "The oil price of $115 a barrel in today's global markets is a deceiving figure. Oil is a strategic commodity that needs to discover its real value," the Web site quoted Ahmadinejad as saying.

    http://biz.yahoo.com/ap/080419/iran_oil.html
    The problem with socialism is that you eventually,
    run out of other people’s money.
    ” - Margaret Thatcher

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    Senior Member cancidas's Avatar
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    Re: Iran's president says oil prices too low

    i'm glad that nobody really listens to him.
    it is mathematically impossible for either hummingbirds, or helicopters to fly. fortunately, neither are aware of this.

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    Re: Iran's president says oil prices too low

    I'll be glad when we ram a Tomahawk up his ass!

  4. #4
    Senior Member cancidas's Avatar
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    Re: Iran's president says oil prices too low

    Quote Originally Posted by T-Bird76
    I'll be glad when we ram a Tomahawk up his ass!
    where's the fun in that? give the job to delta!
    it is mathematically impossible for either hummingbirds, or helicopters to fly. fortunately, neither are aware of this.

  5. #5
    Senior Member nikon50bigma's Avatar
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    Re: Iran's president says oil prices too low

    What that guy smoking, $3.50 a gallon at least where I am is redicilous.
    What the heck lets give him a couple tomahawks up his ass!
    Patrick O --- Staten Island, NY

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