Tuesday, September 15, 2015

What If Opposition to the Iran Nuclear Deal Is All About Oil?

oil rigRepublicans jumped the shark last week in apoplectic frenzy after President Obama secured enough support in the Senate to ensure Congress will not block U.S. participation in the Joint Comprehensive Plan of Action (JCPOA), popularly referred to as the Iran nuclear deal.

Rep. Louie Gohmert (R-TX) said it would lead to a "holocaust" and that the United States is "at existential risk."

Rep. Steven King (R-IA) said the Iran nuclear deal represented "a seminal moment in the history of the world," saying it "means to [sic] tens of millions of lives down the road."

Marco Rubio said lifting the sanctions would allow Iran to bolster its defensive capabilities and "raise the price of us operating in the region," apparently unaware of the millions of Americans who don't want the U.S. military operating in the Middle East at all.

At the same time, CNN reported Iran plans to increase oil production as soon as possible after the sanctions are lifted, adding approximately 1.5 million more barrels per day to the world oil supply by the end of 2016.
Isn't anyone even curious if there is a connection?

Read the rest at The Huffington Post...

No comments: