GREY:COSLF - Post by User
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Co2Harveston May 09, 2018 4:56pm
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Post# 28007670
RE:RE:RE:Oil Iran Trump
RE:RE:RE:Oil Iran TrumpI'm not sure what happened to my last message. Anyhow, I don't want a war either. I see other factors keeping oil prices up longer term. Alberta needs to find a solution to their emissions problem and I don't think the oil price has anything to do with lack of action anymore.
JoeMess wrote: I dont think you are correct. First, Trump claims to intend to create a new deal. Second, Trump pulling out of the deal does not affect Iran's ability to sell oil on the world markets as the rest of the world is staying in the deal. The US is an oil exporter now, so doesnt need Iranian oil internally. Overall, simply pulling out of the deal will not increase oil prices. It is likely Trump is planning a war with Iran, and this will increase oil prices, but the war might not happen, and I for one hope it will not.