Americans who fought in Fallujah watch Al Qaeda make Comeback

Most of the balls up in the middle east was cause by America (With some help from the UK).

The Iranian situation was caused by America removing the elected government and replacing it with a dictator.
The Iraqi situation when America put Saddam into power.
Egypt when America installed it's personal dictator.
Israel when America supported the almost defeated Israel as part of its cold war messing about, and so on.

America complains about terrorism but is a far worse offender than anyone that has attacked it.
The US and its Junior Partner have never lost faith in capitalism.
Since you can't have capitalism without imperialism, elites in both corporate states have no choice but to continue instigating wars of choice far from their homelands. Should the US Petrodollar collapse, it won't be possible to continue borrowing enough money to kill millions of innocent Muslims on the other side of the planet; bad news for millions of Mexicans, I suspect.
 
That chart only shows just how much more vital it is to protect the oil and natural gas of the middle east. There was risk before in 1950, 1970, and 1990, but today the risk is even greater because SUPPLY is struggling to keep up with demand. So the impact of military action to sieze or sabotage Persian Gulf oil TODAY would be far worse than it was in 1990.


The world today is more dependent on petroleum than It was in 1990:

Daily world crude oil consumption in 1990 was 63,875,130 barrels a day.

Daily world crude oil consumption in 2011 was 87,356,290 barrels a day.

That's an increase of consumption in 21 years of nearly 50%! At that rate, by 2030, global consumption of crude oil will have doubled from 1990 when Saddam invaded Kuwait.

As the world consumes more oil, and supplies struggles to keep up with this extra demand, price naturally increases. This makes the need to defend the Persian Gulf to protect the supplies even more important than it ever has been in history.

As demand increases, and what supplies is available struggles to keep up, a sudden shock to the system such as Kuwait or Saudi Arabia being overrun would prove even more disasterous than it would have been in the past! Imagine paying 50 dollars for a gallon of gas!

World Crude Oil Consumption by Year (Thousand Barrels per Day)
Since the US has the only military that has sought to seize or sabotage Persian gulf oil in the last quarter century, maybe that explains why the cost of Persian gulf oil has increased from $35 a barrel in December of 1990 to over $100 a barrel in December of 2012.

By what stretch of the imagination is that a defense of Persian gulf oil for anyone except Wall Street speculators and their corporate politicians in DC.

Because it could be over a thousand dollars a barrel or even higher. How ever high you think the prices our today, it is a result of normal economic activity unhindered by oil or natural gas being cut off from the world market. The reason that price has risen so much is that the global economy has expanded so much, population has expanded, and with DEMAND for oil has expanded. Supply and production our struggling to keep up with a rapidly developing world. But if Persian Gulf Oil were suddenly taken off the market because it was seized by SADDAM or destroyed by SADDAM, the price of oil would be 10, 20 times worse than it is now, and we would be experiencing the worst economic depression in the history of the planet.

The oil continues to flow freely and increases and decreases in price our currently based on NORMAL market conditions. But if the oil wells in Kuwait are burned or the oil in Saudi Arabia seized, you would see a sudden explosion in prices. That would essentially destroy the global economy. That can't be allowed to happen!
Where did you get the idea today's high oil prices were due solely to supply and demand and NORMAL market conditions?

"THE drastic rise in the price of oil and gasoline is in part the result of forces beyond our control: as high-growth countries like China and India increase the demand for petroleum, the price will go up.

"But there are factors contributing to the high price of oil that we can do something about. Chief among them is the effect of 'pure' speculators — investors who buy and sell oil futures but never take physical possession of actual barrels of oil.

"These middlemen add little value and lots of cost as they bid up the price of oil in pursuit of financial gain.

"They should be banned from the world’s commodity exchanges, which could drive down the price of oil by as much as 40 percent and the price of gasoline by as much as $1 a gallon."

http://www.nytimes.com/2012/04/11/opinion/ban-pure-speculators-of-oil-futures.html?_r=0
 
Both Gulf wars were coalitions of US and other nations, and they were not fought to sieze or sabotage Persian Gulf oil. They were waged, in part, to ensure the availability of oil to the World oil market. Supply and demand determine the price of oil which is dictated by OPEC.
Both Gulf wars and those to come were set in motion during WWII, and it had absolutely nothing to do with making oil available to the world market; it had everything to do with controlling the flow of oil into the world market:

"The Red Line agreement governed the development of Middle East oil for the next two decades. The Anglo-American Petroleum Agreement of 1944 was based on negotiations between the United States and Britain over the control of Middle Eastern oil. Below is shown what the American President Franklin D. Roosevelt had in mind for to a British Ambassador in 1944:

"Persian oil …is yours. We share the oil of Iraq and Kuwait. As for Saudi Arabian oil, it’s ours."

American intervention in the Middle East - Wikipedia, the free encyclopedia

Sorry, but If I start my own oil company today, I can buy Iraqi, Kuwait, or Saudi Arabian oil on the world market and sell it to who ever I feel like. That's good for the global economy and the US economy. Energy availability keeps the price of energy low which benefits the United States and the rest of the global economy. The United States economy is deeply intertwined with the global economy. So anything that benefits one benefits the other.
You can't sell your oil to Iran, North Korea, or Cuba, can you?
Tell me what you think FDR had in mind in 1944 when he told the British:
"Persian oil is yours.
We share the oil of Iraq and Kuwait.
As for Saudi Arabian oil, it's ours."
 
Most of the balls up in the middle east was cause by America (With some help from the UK).

The Iranian situation was caused by America removing the elected government and replacing it with a dictator.
The Iraqi situation when America put Saddam into power.
Egypt when America installed it's personal dictator.
Israel when America supported the almost defeated Israel as part of its cold war messing about, and so on.

America complains about terrorism but is a far worse offender than anyone that has attacked it.
The US and its Junior Partner have never lost faith in capitalism.
Since you can't have capitalism without imperialism, elites in both corporate states have no choice but to continue instigating wars of choice far from their homelands. Should the US Petrodollar collapse, it won't be possible to continue borrowing enough money to kill millions of innocent Muslims on the other side of the planet; bad news for millions of Mexicans, I suspect.

No one is killing millions of muslims. That's just absurd.
 
Since the US has the only military that has sought to seize or sabotage Persian gulf oil in the last quarter century, maybe that explains why the cost of Persian gulf oil has increased from $35 a barrel in December of 1990 to over $100 a barrel in December of 2012.

By what stretch of the imagination is that a defense of Persian gulf oil for anyone except Wall Street speculators and their corporate politicians in DC.

Because it could be over a thousand dollars a barrel or even higher. How ever high you think the prices our today, it is a result of normal economic activity unhindered by oil or natural gas being cut off from the world market. The reason that price has risen so much is that the global economy has expanded so much, population has expanded, and with DEMAND for oil has expanded. Supply and production our struggling to keep up with a rapidly developing world. But if Persian Gulf Oil were suddenly taken off the market because it was seized by SADDAM or destroyed by SADDAM, the price of oil would be 10, 20 times worse than it is now, and we would be experiencing the worst economic depression in the history of the planet.

The oil continues to flow freely and increases and decreases in price our currently based on NORMAL market conditions. But if the oil wells in Kuwait are burned or the oil in Saudi Arabia seized, you would see a sudden explosion in prices. That would essentially destroy the global economy. That can't be allowed to happen!
Where did you get the idea today's high oil prices were due solely to supply and demand and NORMAL market conditions?

"THE drastic rise in the price of oil and gasoline is in part the result of forces beyond our control: as high-growth countries like China and India increase the demand for petroleum, the price will go up.

"But there are factors contributing to the high price of oil that we can do something about. Chief among them is the effect of 'pure' speculators — investors who buy and sell oil futures but never take physical possession of actual barrels of oil.

"These middlemen add little value and lots of cost as they bid up the price of oil in pursuit of financial gain.

"They should be banned from the world’s commodity exchanges, which could drive down the price of oil by as much as 40 percent and the price of gasoline by as much as $1 a gallon."

http://www.nytimes.com/2012/04/11/opinion/ban-pure-speculators-of-oil-futures.html?_r=0

Business's and inviduals that buy and trade are apart of a free market. That happens with any product and service that exist. That's why its apart of normal market conditions. Growth in India, China, and Africa is also apart of normal market conditions.

Saddam overrunning Kuwait, burning all its oil wells and dumping thousands of barrels of oil into the Persian Gulf is not something that is apart of normal market conditions and creates a shock to the system that depending on its severity can cause different degrees of economic crises around the world.
 
Uh, U2Edge, that was Iraq I, not Iraq II.

We are not going to let you neo-cons run riot ever again, son.
 
Both Gulf wars and those to come were set in motion during WWII, and it had absolutely nothing to do with making oil available to the world market; it had everything to do with controlling the flow of oil into the world market:

"The Red Line agreement governed the development of Middle East oil for the next two decades. The Anglo-American Petroleum Agreement of 1944 was based on negotiations between the United States and Britain over the control of Middle Eastern oil. Below is shown what the American President Franklin D. Roosevelt had in mind for to a British Ambassador in 1944:

"Persian oil …is yours. We share the oil of Iraq and Kuwait. As for Saudi Arabian oil, it’s ours."

American intervention in the Middle East - Wikipedia, the free encyclopedia

Sorry, but If I start my own oil company today, I can buy Iraqi, Kuwait, or Saudi Arabian oil on the world market and sell it to who ever I feel like. That's good for the global economy and the US economy. Energy availability keeps the price of energy low which benefits the United States and the rest of the global economy. The United States economy is deeply intertwined with the global economy. So anything that benefits one benefits the other.
You can't sell your oil to Iran, North Korea, or Cuba, can you?
Tell me what you think FDR had in mind in 1944 when he told the British:
"Persian oil is yours.
We share the oil of Iraq and Kuwait.
As for Saudi Arabian oil, it's ours."

Actually you can sell oil and other products to Iran with the easing of sanctions, plus there were other countries that were getting around the sanctions anyways. You may not be able to sell oil to Cuba if you are in the USA, but you can certainly do it from other countries. You could also oil or other things to North Korea through China assuming you could find a buyer in North Korea.

Persian Oil is yours to develop, will both help develop the oil resources in Iraq and Kuwait, in Saudi Arabia will develop those resources. Its worked out great too. Cheap Persian Gulf Oil has helped fuel the economic engine of the late 20 century and early 21st century that has brought wealth and prosperity to people around the world and raised the global standard of living.
 
Uh, U2Edge, that was Iraq I, not Iraq II.

We are not going to let you neo-cons run riot ever again, son.

There is no real distinction between the two, since the first conflict only stopped with a ceacefire which Iraq broke. The United States bombed Iraq every year from 1991 all the way up to the 2003 invasion. The 2003 invasion also stems from the unresolved problems caused by Saddam's invasion and annexation of Kuwait in 1990.

Now of course, for those ignorant of what was happening in Iraq and the region in the years from 1992 to 2002, it would naturally seem like the two wars were completely separate, but that's not the case.
 
Most of the balls up in the middle east was cause by America (With some help from the UK).

The Iranian situation was caused by America removing the elected government and replacing it with a dictator.
The Iraqi situation when America put Saddam into power.
Egypt when America installed it's personal dictator.
Israel when America supported the almost defeated Israel as part of its cold war messing about, and so on.

America complains about terrorism but is a far worse offender than anyone that has attacked it.
The US and its Junior Partner have never lost faith in capitalism.
Since you can't have capitalism without imperialism, elites in both corporate states have no choice but to continue instigating wars of choice far from their homelands. Should the US Petrodollar collapse, it won't be possible to continue borrowing enough money to kill millions of innocent Muslims on the other side of the planet; bad news for millions of Mexicans, I suspect.

No one is killing millions of muslims. That's just absurd.
You're right.
I should have written killed, maimed, and displaced millions of innocent Muslims.
 
Because it could be over a thousand dollars a barrel or even higher. How ever high you think the prices our today, it is a result of normal economic activity unhindered by oil or natural gas being cut off from the world market. The reason that price has risen so much is that the global economy has expanded so much, population has expanded, and with DEMAND for oil has expanded. Supply and production our struggling to keep up with a rapidly developing world. But if Persian Gulf Oil were suddenly taken off the market because it was seized by SADDAM or destroyed by SADDAM, the price of oil would be 10, 20 times worse than it is now, and we would be experiencing the worst economic depression in the history of the planet.

The oil continues to flow freely and increases and decreases in price our currently based on NORMAL market conditions. But if the oil wells in Kuwait are burned or the oil in Saudi Arabia seized, you would see a sudden explosion in prices. That would essentially destroy the global economy. That can't be allowed to happen!
Where did you get the idea today's high oil prices were due solely to supply and demand and NORMAL market conditions?

"THE drastic rise in the price of oil and gasoline is in part the result of forces beyond our control: as high-growth countries like China and India increase the demand for petroleum, the price will go up.

"But there are factors contributing to the high price of oil that we can do something about. Chief among them is the effect of 'pure' speculators — investors who buy and sell oil futures but never take physical possession of actual barrels of oil.

"These middlemen add little value and lots of cost as they bid up the price of oil in pursuit of financial gain.

"They should be banned from the world’s commodity exchanges, which could drive down the price of oil by as much as 40 percent and the price of gasoline by as much as $1 a gallon."

http://www.nytimes.com/2012/04/11/opinion/ban-pure-speculators-of-oil-futures.html?_r=0

Business's and inviduals that buy and trade are apart of a free market. That happens with any product and service that exist. That's why its apart of normal market conditions. Growth in India, China, and Africa is also apart of normal market conditions.

Saddam overrunning Kuwait, burning all its oil wells and dumping thousands of barrels of oil into the Persian Gulf is not something that is apart of normal market conditions and creates a shock to the system that depending on its severity can cause different degrees of economic crises around the world.
This is NOT a part of "normal market conditions"

"Today, speculators dominate the trading of oil futures. According to Congressional testimony by the commodities specialist Michael W. Masters in 2009, the oil futures markets routinely trade more than one billion barrels of oil per day.

"Given that the entire world produces only around 85 million actual 'wet' barrels a day, this means that more than 90 percent of trading involves speculators’ exchanging 'paper” barrels with one another.'"

http://www.nytimes.com/2012/04/11/opinion/ban-pure-speculators-of-oil-futures.html?_r=1&
 
Where did you get the idea today's high oil prices were due solely to supply and demand and NORMAL market conditions?

"THE drastic rise in the price of oil and gasoline is in part the result of forces beyond our control: as high-growth countries like China and India increase the demand for petroleum, the price will go up.

"But there are factors contributing to the high price of oil that we can do something about. Chief among them is the effect of 'pure' speculators — investors who buy and sell oil futures but never take physical possession of actual barrels of oil.

"These middlemen add little value and lots of cost as they bid up the price of oil in pursuit of financial gain.

"They should be banned from the world’s commodity exchanges, which could drive down the price of oil by as much as 40 percent and the price of gasoline by as much as $1 a gallon."

http://www.nytimes.com/2012/04/11/opinion/ban-pure-speculators-of-oil-futures.html?_r=0

Business's and inviduals that buy and trade are apart of a free market. That happens with any product and service that exist. That's why its apart of normal market conditions. Growth in India, China, and Africa is also apart of normal market conditions.

Saddam overrunning Kuwait, burning all its oil wells and dumping thousands of barrels of oil into the Persian Gulf is not something that is apart of normal market conditions and creates a shock to the system that depending on its severity can cause different degrees of economic crises around the world.
This is NOT a part of "normal market conditions"

"Today, speculators dominate the trading of oil futures. According to Congressional testimony by the commodities specialist Michael W. Masters in 2009, the oil futures markets routinely trade more than one billion barrels of oil per day.

"Given that the entire world produces only around 85 million actual 'wet' barrels a day, this means that more than 90 percent of trading involves speculators’ exchanging 'paper” barrels with one another.'"

http://www.nytimes.com/2012/04/11/opinion/ban-pure-speculators-of-oil-futures.html?_r=1&

It is apart of normal market conditions, but,, this may be a place where new regulations on “pure” speculators should be put in place to limit or block their impact on the market.
 
Business's and inviduals that buy and trade are apart of a free market. That happens with any product and service that exist. That's why its apart of normal market conditions. Growth in India, China, and Africa is also apart of normal market conditions.

Saddam overrunning Kuwait, burning all its oil wells and dumping thousands of barrels of oil into the Persian Gulf is not something that is apart of normal market conditions and creates a shock to the system that depending on its severity can cause different degrees of economic crises around the world.
This is NOT a part of "normal market conditions"

"Today, speculators dominate the trading of oil futures. According to Congressional testimony by the commodities specialist Michael W. Masters in 2009, the oil futures markets routinely trade more than one billion barrels of oil per day.

"Given that the entire world produces only around 85 million actual 'wet' barrels a day, this means that more than 90 percent of trading involves speculators’ exchanging 'paper” barrels with one another.'"

http://www.nytimes.com/2012/04/11/opinion/ban-pure-speculators-of-oil-futures.html?_r=1&

It is apart of normal market conditions, but,, this may be a place where new regulations on “pure” speculators should be put in place to limit or block their impact on the market.
Trading one billion "paper" barrels of oil daily in a market that produces 85 million physical barrels of oil a day is not a normal condition. It's gambling with other peoples' money.
 
This is NOT a part of "normal market conditions"

"Today, speculators dominate the trading of oil futures. According to Congressional testimony by the commodities specialist Michael W. Masters in 2009, the oil futures markets routinely trade more than one billion barrels of oil per day.

"Given that the entire world produces only around 85 million actual 'wet' barrels a day, this means that more than 90 percent of trading involves speculators’ exchanging 'paper” barrels with one another.'"

http://www.nytimes.com/2012/04/11/opinion/ban-pure-speculators-of-oil-futures.html?_r=1&

It is apart of normal market conditions, but,, this may be a place where new regulations on “pure” speculators should be put in place to limit or block their impact on the market.
Trading one billion "paper" barrels of oil daily in a market that produces 85 million physical barrels of oil a day is not a normal condition. It's gambling with other peoples' money.

Well, consumption and production daily may be around 85 million barrels, but those figures don't include supply that is stored or projected for the future.
 
Who didn't see this coming?? .... :cool:

It was a stupid war for us to get involved in. Sadam, as bad as he was, was a great polarizing Middle East figure to the nutjobs in Iran. With Sadam removed, the Shia Iranians had no force against them in the middle east and they are free to threaten other countries.

But I digress.

Nation building doesn't work. You can't build up the less motivated side and have them fight after we do the heavy lifting. We learned that in Vietnam. We killed over a million VC and NVA, but the SVA was never up to the task of fighting the NVA and they never going to do that when we left.

This is what is happening in Iraq. We were the only reason motivated Sunnis were knocked back. With us gone the pigeons in the government will fall. Very soon it will be radical Sunnis vs radical Shia. Much like it is in Syria!

I don't blame Obama for this and for once Kerry is right, "It's their fight let them fight it out."

We should sit back and eat popcorn and hope the Sunni opposition is tough enough for us to see another Syria-style civil war in which many Muslims dies on both sides. We should side back and enjoy all the Muslims shit holes when they go to war against themselves.
 
It is apart of normal market conditions, but,, this may be a place where new regulations on “pure” speculators should be put in place to limit or block their impact on the market.
Trading one billion "paper" barrels of oil daily in a market that produces 85 million physical barrels of oil a day is not a normal condition. It's gambling with other peoples' money.

Well, consumption and production daily may be around 85 million barrels, but those figures don't include supply that is stored or projected for the future.
Do you mean the oil supply that's stored inside of supertankers that cruise in circles off San Francisco, waiting for Wall Street's projected future?:doubt:
 
Who didn't see this coming?? .... :cool:

It was a stupid war for us to get involved in. Sadam, as bad as he was, was a great polarizing Middle East figure to the nutjobs in Iran. With Sadam removed, the Shia Iranians had no force against them in the middle east and they are free to threaten other countries.

But I digress.

Nation building doesn't work. You can't build up the less motivated side and have them fight after we do the heavy lifting. We learned that in Vietnam. We killed over a million VC and NVA, but the SVA was never up to the task of fighting the NVA and they never going to do that when we left.

This is what is happening in Iraq. We were the only reason motivated Sunnis were knocked back. With us gone the pigeons in the government will fall. Very soon it will be radical Sunnis vs radical Shia. Much like it is in Syria!

I don't blame Obama for this and for once Kerry is right, "It's their fight let them fight it out."

We should sit back and eat popcorn and hope the Sunni opposition is tough enough for us to see another Syria-style civil war in which many Muslims dies on both sides. We should side back and enjoy all the Muslims shit holes when they go to war against themselves.

Its not stupid because the price you pay for the energy you rely on every day as well as the price you pay for the food you put in your mouth every day is heavily impacted by the free flow of oil and natural gas for the Persian Gulf that was threatened by SADDAM. Your way of life, the global economy depends on this stuff and in order to secure and protect it, SADDAM had to be removed. Containment was no longer and option because the sanctions and embargo had crumbled and other countries had economic reasons for not participating in the sanctions anymore.

In Vietnam, the South Vietnamese would have been just fine, but the newly elected Democtratic congress cut off funding for them and cut all funding for any further US military operations after August 1973 in South East Asia. The South Vietnamese Army was defeated in 1975 because they had run out of most of their stocks of fuel and ammo from the United States which had cut funding two years earlier. In addition, they did not have the air support form the United States which they were promised before the US left.

Had the United States abided by its treaty commitiments with South Vietnam, it would still be a country today, as strong or perhaps even stronger than South Korea. South Vietnam fell to the North because the United States abandoned it while the Russians and Chinese lavished the NVA with all the weapons they needed or wanted.

In Iraq, Maliki's government has control over most of the country and the recent Al Quada take over of Fallujah will not survive. It will be crushed in time. Maliki will be elected to a third term in April, and Iraq will continue to advance forward into the future with rising oil production and prosperity for its people.
 
Trading one billion "paper" barrels of oil daily in a market that produces 85 million physical barrels of oil a day is not a normal condition. It's gambling with other peoples' money.

Well, consumption and production daily may be around 85 million barrels, but those figures don't include supply that is stored or projected for the future.
Do you mean the oil supply that's stored inside of supertankers that cruise in circles off San Francisco, waiting for Wall Street's projected future?:doubt:

Saudi Arabia has lots of excess supply in store, as does the United States and many other countries. Private business's have excess supply as well. Countries and business keep excess supply for logistical, business and security needs.
 
Trading one billion "paper" barrels of oil daily in a market that produces 85 million physical barrels of oil a day is not a normal condition. It's gambling with other peoples' money.

Well, consumption and production daily may be around 85 million barrels, but those figures don't include supply that is stored or projected for the future.
Do you mean the oil supply that's stored inside of supertankers that cruise in circles off San Francisco, waiting for Wall Street's projected future?:doubt:

How much does it cost to rent a Supertanker, genius?

You have no clue, so let me tell you..... Between Eighty and One Hundred THOUSAND Dollars a day...... NOT including fuel. At 14 knots, a Supertanker burns 90 Metric Tonnes of fuel per day. Even loafing around in the open water, a tanker MUST keep enough speed up to maintain control of the ship.

That might cut it down to 25 Metric Tonnes of fuel a day. At (app) 250 Gallons per Metric Tonne, times 25, that equals 6,250 gallons a day..... MINIMUM.

And diesel (depending on where you buy it) runs about $4 a gallon in most ports. So there we have an additional $25,000 a day.

And THAT is assuming you're selling the oil on the spot market.

You're just repeating commie/dimocrap moron talking points.

The people keeping Supertankers filled and cruising, anchored off their Port Cities was Iran.

But they don't do it anymore. They lost their Shorts.

By the time their load of oil landed, they owed the Supertanker Owners more money than the Oil it held was worth.

Not real bright.
 
Anyone who buys U2Edge and the other neo-cons' lies here needs to find a brain as well as a conscience.

No one has given any conclusive reason why Iraq had to be invaded.

None.

At all.

Neo-cons, "because" is not a reason.
 
Well, consumption and production daily may be around 85 million barrels, but those figures don't include supply that is stored or projected for the future.
Do you mean the oil supply that's stored inside of supertankers that cruise in circles off San Francisco, waiting for Wall Street's projected future?:doubt:

How much does it cost to rent a Supertanker, genius?

You have no clue, so let me tell you..... Between Eighty and One Hundred THOUSAND Dollars a day...... NOT including fuel. At 14 knots, a Supertanker burns 90 Metric Tonnes of fuel per day. Even loafing around in the open water, a tanker MUST keep enough speed up to maintain control of the ship.

That might cut it down to 25 Metric Tonnes of fuel a day. At (app) 250 Gallons per Metric Tonne, times 25, that equals 6,250 gallons a day..... MINIMUM.

And diesel (depending on where you buy it) runs about $4 a gallon in most ports. So there we have an additional $25,000 a day.

And THAT is assuming you're selling the oil on the spot market.

You're just repeating commie/dimocrap moron talking points.

The people keeping Supertankers filled and cruising, anchored off their Port Cities was Iran.

But they don't do it anymore. They lost their Shorts.

By the time their load of oil landed, they owed the Supertanker Owners more money than the Oil it held was worth.

Not real bright.
How many barrels of oil can a VLCC carry, Rockefeller?
 

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