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Originally posted by Helmkat
Really? Because when the gas prices started rising thats when my own personal recession began, which was followed a few months later by Wall street. Most of my extra $ went to the oil companies and not into other places in the economy.
Originally posted by DantesPeak
reply to post by jaynkeel
It's just about 2am there. They're asleep right now.
Originally posted by 3DPrisoner
reply to post by liveandletlive
Yeah, well you follow Bush down to Argentina and live of his huge ranch if you love him so much. He might just let you wash his dirty dishes.
.....
[edit on 10-2-2010 by 3DPrisoner]
Originally posted by DantesPeak
reply to post by jaynkeel
It's just about 2am there. They're asleep right now.
Originally posted by liveandletlive
What would happen if Iran planned ahead and then just turned the oil switch to off for a month or two? Last time we had a sharp rise in gas prices our economy went into a deep recession that got us where we are now!
Originally posted by liveandletlive
What would happen if Iran planned ahead and then just turned the oil switch to off for a month or two? Last time we had a sharp rise in gas prices our economy went into a deep recession that got us where we are now!
the two countries signed a preliminary accord worth $70 billion to $100 billion by which China will purchase Iranian oil and gas and help develop Iran's Yadavaran oil field, near the Iraqi border. Earlier this year, China agreed to buy $20 billion in liquefied natural gas from Iran over a quarter-century.
Iran wants trade to grow even further. "Japan is our number one energy importer for historical reasons . . . but we would like to give preference to exports to China," Iranian Oil Minister Bijan Zanganeh said this month, according to China Business Weekly.
In turn, China has become a major exporter of manufactured goods to Iran, including computer systems, household appliances and cars. "We mutually complement each other. They have industry and we have energy resources," said Ali Akbar Salehi, Iran's former representative to the International Atomic Energy Agency