Iran blames US for surge in cost of oil

[sabra]

http://news.scotsman.com/international.cfm?id=612042006

Iran blames US for surge in cost of oil

OIL has raced to an all-time high as Iran continued to defy world pressure to halt its nuclear programme, while a quarter of Nigeria's output lay idle after rebel attacks and Iraq's once considerable oil industry was mired in crisis.

Without naming the United States directly, Iran's oil minister, Vaziri Hamaneh, said that countries trying to intimidate his country over what it regards as its right to enrich uranium were the ones to blame for the nervousness that has rattled oil markets, with prices now over $75 a barrel.

"Research in enrichment should not be the cause for that sort of tension," he said.

"We are moving within the regulations. We have to ask the question what is really the cause of the tension and who are the people who are intimidating us?"

[madrchsod]

1. bomb them before the people realize

bush is the one who started this bullshit...oh dam i forgot again,it`s not bush,it`s the men behind the curtain

[megatherium]

2. oh, he's referring to our saber-rattling. I thought he was referring to

our tremendous demand for oil. We consume 20 million barrels a day of the 80 billion produced, and from what I gather, the demand and supply curves are going to cross real soon if they haven't already ...

[Sweet Pea]

3. Actually...

it is the double-digit economic growth of China and the fact that a good portion of their billion+ people all want to drive cars now is the real reason for the global gas prices being so high. Add India and THEIR billion people doing the same, and there's no question why that part of the globe is sucking up so much oil.

[951-Riverside]

4. No no no they are switching from winter to summer grade fuel

thats why prices are so high.

:sarcasm: