Tom Kirkman

Iran is Getting Cooked. Going to be a Hot Summer. Looking Forward to Winter.

Recommended Posts

Pretty good analysis of the Iran oil political pressure cooker, in my opinion. I've mentioned a few of the points in this article in recent weeks.  Good read:

Next Stage of Pressure on Iran – Lower Oil Prices

Anyway, in my view, the pressure will likely also see a jump in influence of the PetroYuan, to bypass Trump's pincer moves against the Iran government.

And despite how things look right now, I still think that the U.S. will at least somewhat normalize relations with Iran by end of this year - by December 2018.  Go ahead, call me crazy, I don't mind.  I'm used to having a minority viewpoint about international oil & gas.

This part right now is Trump applying pressure, before ripping up the existing agreements with Iran, and then going to the bargaining table later for a new agreement.  By December 2018.

And that's why I'm looking forward to Winter this year.

  • Like 2

Share this post


Link to post
Share on other sites

9 minutes ago, Tom Kirkman said:

Pretty good analysis of the Iran oil political pressure cooker, in my opinion. I've mentioned a few of the points in this article in recent weeks.  Good read:

Next Stage of Pressure on Iran – Lower Oil Prices

Anyway, in my view, the pressure will likely also see a jump in influence of the PetroYuan, to bypass Trump's pincer moves against the Iran government.

And despite how things look right now, I still think that the U.S. will at least somewhat normalize relations with Iran by end of this year - by December 2018.  Go ahead, call me crazy, I don't mind.  I'm used to having a minority viewpoint about international oil & gas.

This part right now is Trump applying pressure, before ripping up the existing agreements with Iran, and then going to the bargaining table later for a new agreement.  By December 2018.

And that's why I'm looking forward to Winter this year.

 

Exclusive december 2018 Trump's tweet back from the future :

"President Rohani of Iran, and I, are working together to give massive oil company, NIOC, a way to get back into business, fast. Too many jobs in Iran lost. Commerce Department has been instructed to get it done! "
 
 
  • Upvote 2

Share this post


Link to post
Share on other sites

A new deal set by Trump's terms would be the end of the regime. Of course if a new deal isn't set and the sanctions continue then it will probably be the end of the regime too, due to popular unrest. I for myself hope for a regime change in Iran soon.

  • Upvote 1

Share this post


Link to post
Share on other sites

26 minutes ago, JunoTen said:

A new deal set by Trump's terms would be the end of the regime. Of course if a new deal isn't set and the sanctions continue then it will probably be the end of the regime too, due to popular unrest.

< *ding ding ding ding* >

We have a winner here!

  • Like 1

Share this post


Link to post
Share on other sites

12 minutes ago, Tom Kirkman said:

< *ding ding ding ding* >

We have a winner here!

What do you mean ?

Share this post


Link to post
Share on other sites

7 minutes ago, JunoTen said:

What do you mean ?

It means I very much agree with you.  You win the prize.

05157c127f8ba9299935762afea3522b9ac8e.thumb.jpg.2d5e41e89ec4213efd409330cd579b73.jpg

Share this post


Link to post
Share on other sites

1 minute ago, Tom Kirkman said:

It means I very much agree with you.  You win the prize.

Why, thanks. 

  • Like 1

Share this post


Link to post
Share on other sites

(edited)

Reading that article about deliberate downward pressure on oil prices makes me wonder if the EIA can be manipulated into releasing deliberately falsified inventory information in order to help drive the price of oil down.  I was surprised at the inventory increases reported at the last data release while at the same time the large Brent-WTI spread means there's a loud sucking sound sucking away inventory into foreign markets.  The API report released the day before was reasonable showing inventory decline, while I'm beginning to think the EIA report might have been manipulated.

Edited by AE911truth.org
  • Like 1

Share this post


Link to post
Share on other sites

1 hour ago, AE911truth.org said:

Reading that article about deliberate downward pressure on oil prices makes me wonder if the EIA can be manipulated into releasing deliberately falsified inventory information in order to help drive the price of oil down.  I was surprised at the inventory increases reported at the last data release while at the same time the large Brent-WTI spread means there's a loud sucking sound sucking away inventory into foreign markets.  The API report released the day before was reasonable showing inventory decline, while I'm beginning to think the EIA report might have been manipulated.

The EIA data isn't data at all, it's an estimate based on a forecast--in other words, an unknown based on an unknown. That said, I think the odds that the data is purposefully manipulated (as opposed to simply inadequate) are pretty slim. Over the long haul, the data has been shown to be fairly accurate. 

  • Like 2

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.