Comments: Paging Juan Galt

There is a companion theory that one of the major reasons Iran is being such a PITA is to try to jack up the price of oil. This is to compensate for their declining production, due to lack of maintenance and capital investment in their oil industry.

Same thing as in Venezuela: when the oil money drops below a certain level, the government falls.

All the more reason to make reducing domestic oil consumption-and oil imports, especially from the Iran and Venezuela, a national strategic priority.

Especially since, the less money the Iranians have, the less money Hezbollah, Mookie, and various other Iranian supported asshats have to make trouble with.

Posted by Heartless Libertarian at January 23, 2007 10:20 PM
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