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Iran Oil Profits to Disappear in 2015

omninerd.com — A study conducted by the National Academy of Sciences reports that Iran's oil profits are dwindling despite growing worldwide demand.

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  • sovereign3, on 10/12/2007, -0/+2Original CNN story: http://www.cnn.com/2006/WORLD/meast/12/25/iran.oil.ap/index.html

    This is pretty curious for a country that has such huge proven reserves of oil and natural gas. Perhaps their neglect to invest in their oil production industry is part of an intended effort to create a need for nuclear energy. Thus, a seemingly necessary nuclear industry can serve as a cover for a surreptitious nuclear weapons program. My guess that Iran is mismanaging its resources, sanctions, have been quite effective, and Iran is intentionally neglecting to invest in its infrastructure to legitimize the development of a nuclear program.
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