A Quote by Malcolm Nance

There are no military options for Iran. Attack them, and they will destroy the Gulf States oil industries, rain hundreds of missiles onto Israel, close the Arabian Gulf, and shoot oil prices to $300 per barrel, which could cause our own economic downfall.
Clearly, the oil spill in the Gulf is a terrible tragedy; we lost 11 lives on the rig, and their families are suffering, and it's also an economic tragedy for our state and ecological tragedy for the Gulf. But Sept. 11 was a different type of event: it was an intentional attack on soil.
Israel will not tolerate Iran developing nuclear power, even if Iran claims it is for peaceful purposes. If there is an attack, oil prices will go through the roof.
Assuming that Iran could become the only oil producer unable to export its oil is a wrong assumption... The United States will never be able to cut Iran's oil revenues.
The U.S. only has 20 billion barrels of oil in reserve. It seems as though there is no more oil around. Venezuela has 300 billion barrels of oil in reserves. Iraq has, like, 150 billion barrels of oil. Iran, close to 300 billion barrels of reserve. Oil for 200 years, of course.
Americans once believed that their prosperity and way of life depended on having assured access to Persian Gulf oil. Today, that is no longer the case. The United States is once more an oil exporter. Available and accessible reserves of oil and natural gas in North America are far greater than was once believed. Yet the assumption that the Persian Gulf still qualifies as crucial to American national security persists in Washington. Why?
By accident of geography, the world's major oil resources are in Shi'ite-dominated areas. Iran's oil is concentrated right near the gulf, which happens to be an Arab area, not Persian. Khuzestan is Arab, has been loyal to Iran, fought with Iran not Iraq during the Iran-Iraq war. This is a potential source of dissension. I would be amazed if there isn't an attempt going on to stir up secessionist elements in Khuzestan.
If the United States was mad enough to attack Iran or aggress Venezuela again the price of a barrel of oil could reach $150 or even $200.
The KXL pipeline would make it easy and cost effective for oil producers in Canada to transport oil to the Gulf of Mexico where it could be shipped to customers - not just in the United States - but around the world.
The climate, financial and national security crises are all connected. They share the same cause: Our [the USA's] absurd dependency on foreign oil. As long as we need to spend billions of dollars each year to buy foreign oil from state-run oil companies in the Persian Gulf, our problems of a trade deficit, a budget deficit and a climate crisis will persist.
After a six-year battle, the Senate will vote next week to begin construction on the Keystone XL pipeline, which is an oil pipeline that runs from Canada to the Gulf Coast. They're hoping the pipeline will provide enough oil to cover Kim Kardashian's next photo shoot.
There is so much oil now in the Gulf of Mexico, and you can thank the folks of British Petroleum for this, so much oil in the Gulf, you can now park on it.
With oil prices plummeting in late 2015 and early 2016, Gulf states have taken the unusual step of issuing sovereign bonds to ease budgetary concerns.
You know, oil prices from 2007, on the strength of a very robust global economy and a very robust emerging China, many of you will recall, ramped up to near $150 a barrel. Then we had the financial - U.S. financial collapse. Oil prices collapsed all the way down to $40 a barrel.
Syria is the center of the Arab Orient. It cannot live outside its relationship with the Arabian Peninsula, the Gulf countries, Egypt and others. We need economic and investment support from our fellow Arabs the future. Our future is truly tied to the Arab world and the Gulf in particular.
Bahrain lies at the epicenter of Gulf security and any violent upheaval in Bahrain would have enormous geopolitical consequences. Global economic stability depends on the uninterrupted export of crude oil from the Gulf to markets around the world - a job that historically has been assigned to the U.S. Fifth Fleet.
I have no problem with a war for oil-if we accompany it with a real program for energy conservation. But when we tell the world we couldn't care less about climate change, that we feel entitled to drive whatever big cars we feel like, that we feel entitled to consume however much oil we like, the message we send is that a war for oil in the gulf is not a war to protect the world's right to economic survival-but our right to indulge. Now that will be seen as immoral.
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