Is Obama's Iran Deal Actually about Oil? - Granite Grok

Is Obama’s Iran Deal Actually about Oil?

oil rig - theres another 'resource' we have to tap
Is Obama’s Iran deal actually about oil?

Part of the deal with Iran would lift sanctions and allow the sponsor of global terror to sell its oil in the open market. One estimate (see below) suggests it could add at least 1 million barrels a day to the global supply.

Great for the gas pump but what it that is enough to drop the price far enough to harpoon the US shale oil boom; already struggling with low prices thanks to the Saudi’s (who admit they are acting to destroy the competition).

WaPO – The decision to strike a nuclear agreement with Iran, which has more oil reserves than all but three OPEC countries, will, over the coming months, unleash new Iranian oil into the markets. Analysts expect Iran to pump 1 million or more barrels a day as a result, so the prospect of the deal has been driving prices down in recent weeks — by about 15 percent — interrupting a stabilizing in the price of oil since the big plunge last year.

Given Obama’s public position on fossil fuels, US Oil, energy, and the rest of it, how far-fetched is it to suggest that his renewed interest in a deal with Iran, regardless of the nuclear implications or risks, the global terrorist threat–not just from nuclear weapons but the cash that oil exports add to the government coffers (and without regard to Iranian-held US prisoners, apparently)–is about nothing more than taking the US Shale Oil Boom off the chess-board?

That kind of money in domestic pockets represents a huge political threat to the left. It undermines their green pork power.

Leaving shale unchecked puts the US in a position to become the global oil power. It actually leads to something every politician talks about; energy independence.

So are Democrats that shallow? Would they do a deal no one really wants just to could kill tens of thousands of (good paying) jobs? Would they end that kind of commerce and growth – not just free of foreign entanglements but able to give u an upper hand as a result of a dominant position in the marketplace?  Would Obama put the US back on its energy heels just to protect his own political power?

Was there a deal with the Saudis as well – they certainly have no desire for a nuclear Iran, but they’d be willing to play chess to end their biggest global competitor – US Shale oil.

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