Oil companies are the only one's who benefit from sanctions on Iranian oil. Oil companies are the only one's who benefit from making Iran out to be a boogeyman. Their interests are not the interests of the consumer.
The U.S has the power to negotiate with Iran to increase oil production. The same goes for Saudi Arabia. For example, selling hundreds of F-15's to Saudi Arabia gives the U.S more bargaining power.
Iran and Saudi Arabia can undersell domestic oil producers. They have the power to decrease oil prices. The U.S has the power to make this happen as well.
Iran ranks 27th in GDP. Yet, the media paints them into a great boogeyman. All because they're in the pocket of big oil. Americans ought to boycott media outlets which make arguments which harm the American consumer.
What is best for the American consumer is low oil prices. That can be obtained from increased oil imports. Therefore, any anti-Iran rhetoric is bad for the American consumer. News sites which perpetuate anti-Iranian arguments ought to be boycotted.
It's funny the media never once defends tariffs against China. Yet, they actually are powerful.
A weakling like Iran, ought to never be depicted as a threat. Iran is also much more useful to the U.S than China.
Iran can undersell domestic oil companies. Countries like Vietnam can (and are) replacing China for cheap manufactured goods. We don't need China. We're better off without them. We do need Iran.
Even if Iran were to become a major oil exporter, like they were four years ago, they're still not going to be a first world country. Unlike China, Iran will never have the power to replace U.S hegemony.
The media has their priorities backwards. The strong rival gets a blow job from the media. The weak gets bullied. All to the detriment of the U.S consumer and productive capacity.
Notice in the image above where Russia ranks. They too do not present an existential threat to the U.S, unlike China. Their GDP is lower than Canada for Christ's sake! Their population is declining.
Yet, they're supposed to be our enemy? Meanwhile the media is unanimously opposed to tariffs against China. The media has their priorities all screwed up. The world ought to unite against China.
Yet, we keep electing people who do not serve the American consumer. If we negotiated with Saudi Arabia and Iran, they would be be able to under sell offshore domestic oil.
Iran can produce oil very cheaply, due to being mostly in first phase extraction. It's not that much oil in terms of total global production, but it's enough to slightly lower global prices.
Iran is cut off from trade for being belligerent fuck tards.
Ryan Jenkins
Maybe If old companies paid taxes on all their profits, there wouldn't be a witch hunt against Iran.
America exports oil, It would be much cheaper to import oil from Venezuela which has the largest oil reserves in the world, or mexico and canada than from the other side of the world
Importing oil from Venezuela is fine. Media outlets like Reuters hate them even more than Iran.
I've never read an article suggesting Venezuela can undersell domestic oil though. Maybe they can. In contrast, I have read articles either directly or indirectly making the point that Saudi Arabia and Iran excel at selling oil at a low price.
Venezuela had some terrible deals for extraction. Cost of extraction was very low, around $2 a barrel. Oil companies, paid the government something like $4 a barrel and sold into the world market and paid no taxes. The government could have simply forced a new deal on the oil companies Darth Vader style. But went full retard and nationalized everything.
