More signs — still preliminary — that Iran’s ready to deal

For the moment, I’ll file this under “Believe it when I see it,” but it’s nonetheless encouraging:

From The Washington Post:

“Iran and the U.N. nuclear watchdog agency are near agreement on a plan that could lift the veil on some of the Islamic Republic’s past nuclear research, U.N. officials said Tuesday in an announcement that raised hopes for a more comprehensive nuclear accord when Iranian officials meet with six world powers later in the week.

Yukiya Amano, the head of the International Atomic Energy Agency, said U.N. and Iranian officials settled most of their differences during talks Monday in the Iranian capital and were moving toward a formal pact on making Iran’s nuclear activities more transparent….

“We had expansive and intensive talks in a positive atmosphere,” Amano told Iranian television after the hastily arranged meeting in Tehran.

Iran’s chief nuclear negotiator, Saeed Jalili, also hailed what he described as “very good talks” with the IAEA leader. “God willing, we will have good cooperation in the future,” he added.”

In a separate line of negotiations, six major countries including the United States will meet with Iranian representatives beginning Wednesday to discuss a deal in which Iran would dismantle its nuclear infrastructure and surrender its stores of highly enriched uranium. In return, harsh economic sanctions against Iran would be lifted.

The odds of success in that negotiation would probably increase if the IAEA inspection deal is finalized, suggesting that Iran is finally willing to concede to international demands. In the past, however, Iran has repeatedly seemed to agree to deals only to back out of them later.

Will this time prove different? Perhaps so. Iran has never before faced economic sanctions so broad and so well-enforced internationally. It’s also pretty clear that if these negotiations fail, military intervention becomes a much more serious option, and that’s a route that nobody should be eager to travel.

Stay tuned. Success is far from guaranteed, but it’s at least worth the effort. As an old Iranian proverb puts it, “Trust in God — but tie your camel tight.”

– Jay Bookman

454 comments Add your comment

Thulsa Doom

May 22nd, 2012
3:48 pm

It would be incredible if it did indeed succeed(the sanctions). Personally I’m thinking the mullahs will keep stalling and stalling until they get it done as far as building a bomb but who knows. Time will tell.

Normal Free...Pro Human Rights Thug...And liking it!

May 22nd, 2012
3:49 pm

Mighty Righty

May 22nd, 2012
3:50 pm

Wow. What a break through. Iran promises to increase access. Boy this is something new. Iran has never been so open.

Fred ™

May 22nd, 2012
3:50 pm

What did we do anyways that originally pissed of the Iranians so much?

Aquagirl

May 22nd, 2012
3:51 pm

Oh boy, a story including diplomatic discussions, Iran, and the U.N. This oughta infuriate the chickenhawks.

Adam

May 22nd, 2012
3:51 pm

Foreign policy success… and gas prices continue to drop.

Surely this is just luck, right? Nothing to do with policies that don’t involve chest beating….

Brosephus™

May 22nd, 2012
3:52 pm

File me under the “wait and see” tab….

Normal Free...Pro Human Rights Thug...And liking it!

May 22nd, 2012
3:54 pm

“File me under the “wait and see” tab….”

Aye, me too, Bro’

Recon 0311 2533

May 22nd, 2012
3:54 pm

I’d file it under defecating in one hand while wishing in the other based on prior false hopes with these guys.

Fred ™

May 22nd, 2012
3:54 pm

Nevermind: (from Wiki) The Shah had been restored to power in a 1953 coup organized by the CIA at the American Embassy against a democratically-elected nationalist Iranian government

We overthrew a Democratically elected Government with the help of the British. How stupid.

Joe Hussein Mama

May 22nd, 2012
3:56 pm

Recon — “I’d file it under defecating in one hand while wishing in the other based on prior false hopes with these guys.”

Shades of Iraq, 2003.

stands for decibels

May 22nd, 2012
3:57 pm

What did we do anyways that originally pissed of the Iranians so much?

Helping to orchestrating a coup and overthrowing a democratically elected leader.

(Mind you, they need to get over that, like we need to get over the 1979 hostage crisis. I’m not holding my breath for either one to happen, though.)

Jay

May 22nd, 2012
3:57 pm

Well Fred, from their point of view, the CIA engineered a coup against a democratically elected government back in the ’50s, installing the shah of Iran instead as our puppet. Then for the next 25 years or so we strongly backed the shah and his brutally repressive regime.

After that we backed Saddam Hussein in the Iran-Iraq war that Iraq started as a way to seize Iranian oil fields, just as he later tried to seize Kuwaiti oil fields. Hundreds of thousands of Iranians died in that war.

Other than that kind of stuff, we’ve been the best of buds.

Mighty Righty

May 22nd, 2012
3:57 pm

Normal
“The study concludes that media sources have a significant impact on the number of questions that people were able to answer correctly,”

The key word is “correctly” as defined by a liberal news person. We all know liberals view of the news is ncorrect.

stands for decibels

May 22nd, 2012
3:58 pm

and fred, if that’s actually news to you, more here.

http://en.wikipedia.org/wiki/1953_Iranian_coup_d%27%C3%A9tat

Kamchak ~ Thug from the Steppes

May 22nd, 2012
3:58 pm

Remove the inspectors! Invade NOW! The smoking gun is the mushroom cloud!

Oh, wait. We already did that.

Never mind.

Fred ™

May 22nd, 2012
3:58 pm

Thanks dB, I found it. But I agree while I agree with you about us and them getting over it, I think Del stated it best in his 3:54.

stands for decibels

May 22nd, 2012
3:58 pm

(Also, fred, that stuff Jay said.)

sure they are

May 22nd, 2012
3:59 pm

It would be great if the Iranians did just that but I’m inclined to believe they will stall and hide what they have done till they get the bomb they seek….

btw, why such hate for conservatives and those who watch Fox News, good grief! Just because they are the only major news network that criticizes a left leaning President. Sorry, I thought the left was the most tolerant, most accepting people on the planet. I guess they are only when you are them….

Fred ™

May 22nd, 2012
3:59 pm

Thanks Jay. For some reason I always associated that 1953 coup with the British.

St Simons- fat cheekbones

May 22nd, 2012
3:59 pm

What did we do to piss off the Iranians?

well, we installed by coup, this ‘leader’ who was really a Big Oil lackey
in the 50’s. I think his name was Karzai.
Nooo wait…….

godless heathen

May 22nd, 2012
4:00 pm

No surprise that Aquagirl and Adam have already added this to their “Obama’s Great Accomplishments” list. Adam put it right under falling gas prices.

Fred ™

May 22nd, 2012
4:01 pm

LOL godless. Good catch.

Sean Smith

May 22nd, 2012
4:02 pm

Yea the Iranians need to get over our past transgressions in their country. Kind of the same way southerners need to get over losing the civil war oh about 150+ years ago…..

Kamchak ~ Thug from the Steppes

May 22nd, 2012
4:02 pm

We all know liberals view of the news is ncorrect[sic].

Oh, the irony.

:lol:

sure they are

May 22nd, 2012
4:02 pm

godless, you forgot about 1.6% growth, another Obama accomplishment. or that we have about 16 trillion in debt as supposed to 11 trillion…..

JamVet

May 22nd, 2012
4:02 pm

Predictably, the rabid right wingers hate this news.

As Kam notes, the chances for them to horrifically botch another invasion and occupation, every single step of the way, diminishes slightly.

Like I said yesterday – good news for the USA is bad news for the GOP. And vice versa…

Rebecca

May 22nd, 2012
4:03 pm

Why do the Iranians dislike Americans? For many reasons, the uppermost being our support and manipulation of the Shah of Iran, which, unfortunately, led to the taking of American hostages.

Butch Cassidy

May 22nd, 2012
4:04 pm

MIghty Righty – “We all know liberals view of the news is ncorrect.”

Hey, we landed on the moon in 1969. Perhaps you would like to correct my views of that event.

josef

May 22nd, 2012
4:04 pm

I’m of the I’ll believe it when I see it school. The Iranian people are not barbarians. The Mullahs are.

Mighty Righty

May 22nd, 2012
4:04 pm

Is there a country including all Muslim nations in the Middle East that trusts the word of Iran? I don’t think so.

sure they are

May 22nd, 2012
4:05 pm

hey, I didn’t say it wasn’t good news, I’m just saying I want to see it before I believe it, that’s all. I’m quite fine with avoiding a war if that is possible….

Butch Cassidy

May 22nd, 2012
4:07 pm

Mighty Righty – “Is there a country including all Muslim nations in the Middle East that trusts the word of Iran? I don’t think so.”

Is there a country including all Muslim nations in the Middle East that trusts the word of the United States? I don’t think so.

See how that works?

Jay

May 22nd, 2012
4:07 pm

They don’t trust our word or each other’s word either, Mighty.

Recon 0311 2533

May 22nd, 2012
4:08 pm

Iran has been taking pages out of the N.K’s play book. Pretend to be willing to seriously negotiate and then renege. The problem we face is if Israel launches a strike. It would drag us into it and really get ugly.

josef

May 22nd, 2012
4:09 pm

Sean

And what was it that pissed the Southerners off? What was it that pissed the Mexicans off? What was it that pissed the Cubans, Dominicans, Haitians, Philipinos, Hawaiians, Panamanians, Chileans, Guatemalans, Nicaraguans, Iraqis, Lebanese, Cherokee, Seminole, Nez Perce, and that’s just off the top of my head…

getalife

May 22nd, 2012
4:12 pm

Iran has too much on their plate with Syria and problems in their own country because of sanctions.

They are not stupid.

Fred ™

May 22nd, 2012
4:12 pm

You no what/ We are ALL being asshats. They are talking. We are talking. Right now there young men and women aren’t shooting at our young men and women. That’s a good thing.

Whether or not it all works out, it has STARTED with us and them trying to talk it out. I for one am glad about that.

http://www.youtube.com/watch?v=s_Yayz5o-l0&feature=related

barking frog

May 22nd, 2012
4:14 pm

Someone should call Ollie
North nah he works for
Republicans…maybe if
Romney..Hope they don’t
take any hostages…..

Thulsa Doom

May 22nd, 2012
4:14 pm

Adam,

I wouldn’t call this a foreign policy success just yet. Better wait till they actually dismantle their program rather than talking about it before we can deem this a success. We’ve been stalled and strung along by Iran as well as other nations like North Korea before. As for gas prices they are slowly dropping but are still well above the $1.81 they were when Obama came into office. When gas drops to $1.81 you may then crow loudly.

Kamchak ~ Thug from the Steppes

May 22nd, 2012
4:15 pm

And what was it that pissed the Southerners off?

Not gonna pretend to speak for all Southerners but for me, it’s flour and sugar in cornbread.

josef

May 22nd, 2012
4:15 pm

getalife

I agree that the Iranian people are not stupid, but the Mullahs are…

josef

May 22nd, 2012
4:16 pm

K’chak

And I wouldn’t argue with that…! Heretics, I tell ya! :-)

josef

May 22nd, 2012
4:17 pm

Frog

Romeny and Reid have a plan…send more missionaries… :-)

Jay

May 22nd, 2012
4:17 pm

As for gas prices they are slowly dropping but are still well above the $1.81 they were when Obama came into office. When gas drops to $1.81 you may then crow loudly.

More of Thulsa trying to anger liberals by pretending to be very very dumb.

243 more days

May 22nd, 2012
4:17 pm

godless heathen

May 22nd, 2012
4:00 pm

How many times have we heard “The POTUS has no control over gas prices”.
In the Liberals mind,the POTUS controls gas pricing only when the price goes up.
Please decide, does he, or desn’t he?
Talk about moving the goal post…………………..

Brosephus™

May 22nd, 2012
4:21 pm

As for gas prices they are slowly dropping but are still well above the $1.81 they were when Obama came into office. When gas drops to $1.81 you may then crow loudly.

If I were to guess, gas prices are not going to drop below $3.00 again unless there’s some major event that leads to a worldwide drop in demand, kinda like another GLOBAL recession. Our domestic price is tied into worldwide demand now thanks to companies exporting fuels to the extent they do now. We have little control over costs as compared to what we had even 5 years ago.

JamVet

May 22nd, 2012
4:22 pm

Hey, I’ve got it!

Lets go right back to those glory days of rogue “go it alone cowboys morons”!

Aka the gang who couldn’t shoot straight.

And the reason that the GOP will not win the White House back until 2024. If then…

Brosephus™

May 22nd, 2012
4:22 pm

Kam

Undoubtedly!!!!!!! That’s blasphemy to the nth degree!!!!!!

Thulsa Doom

May 22nd, 2012
4:22 pm

josef,

What pisses them off? I got a little bit of it covered. You’ll have to vouch for the rest.

Cubans- Batista and rampant corruption, Haitians- Papa and baby doc, Philipinos- Marcos, Hawaiians- the queen abdicating along with a nudge by U.S. marines, Panamanians- Noriega along with other banana dictators, Chileans- the coup against Salvador Allende, Guatemalans- CIA coup in 1954, various U.S. supported dictators, and genocide campaigns that wiped over 100,000 indigenous Indians from the highlands, Nicaraguans- Somoza and his whole damn family

ByteMe

May 22nd, 2012
4:23 pm

Whether or not it all works out, it has STARTED with us and them trying to talk it out.

Actually, it started with us turning the screws on their army’s economic empire to get their attention.

josef

May 22nd, 2012
4:24 pm

THULSA

And what do all those I mentioned have in common?

Moderate Line

May 22nd, 2012
4:24 pm

Jay

May 22nd, 2012
3:57 pm

After that we backed Saddam Hussein in the Iran-Iraq war that Iraq started as a way to seize Iranian oil fields, just as he later tried to seize Kuwaiti oil fields. Hundreds of thousands of Iranians died in that war.
++++
It is meme that is often repeated that we support Iraq but that is really incorrect. The main supporter of Iraq was the Soviet Union. The main reason was that Iran being a revolutionary Islamic government was seen as a threat to the Soviet Union with a large Muslim population. The United States slightly favored the Iraq’s but not much. The United States was torn between Iraq’s violation of Iran soveregnity and Irans public animosity to the United States.

Keep in my we actually supported Iraq with secret arm sales.

“Part of the US dilemma in the Gulf was that the United States was committed to the territorial integrity of a state, Iran, whose rulers were implacably hostile to it. Washington wished to protect other states in the region from Iranian expansionism as well as protecting Iran from that of the Soviet Union, so that coupled with a natural and publicly supported wish to do down the Khomeini regime was a more pragmatic need to see the survival of a stable, independent and anti-communist Iran. The central importance of Iran in America’s geopolitical strategy until the advent of the Gorbachev era forced a reappraisal, was outlined by Henry Kissingner in 1982:

“The focus of Iranian pressure at this moment is Iraq. There are few governments in the world less deserving of our support and less capable of using it. Had Iraq won the war, the fear in the Gulf and the threat to our interest would be scarcely less than it is today. Still, given the importance of the balance of power in the area, it is in our interests to promote a ceasefire in that conflict; through not a cost that will preclude an eventual rapprochement with Iran either if a more moderate regime replaces Khomenini’s or if the present rulers wake up to geopolitical reality [sic] that the historic threat to Iran’s independence has always come from the country with which it shares a border of 1,500 miles (2,400 km): the Soviet Union. A raprochement with Iran, of course, must await at a minimum Iran’s abandonment of hegemonic aspirations [sic] in the Gulf”.

Iran, in other words, should be befriended if possible, but must above, be contained.

The Gulf War John Bulloch and Harvey Morris
The main reason is what you stated in the first paragraph is our support of the Shah which many Iranian saw as repressive.

sure they are

May 22nd, 2012
4:24 pm

so Jay, are you going to defend our Energy Secretary who stated twice, once in congress that is wasn’t the Administrations policy to lower fuel prices but instead make electric car batteries cheaper or that he wished US gas prices mirrored Western Europe’s?

Thulsa Doom

May 22nd, 2012
4:26 pm

Brocephus,

That recession induced worldwide demand just might be dropping in some places- Western Europe for example. We may yet see $2 gas if world demand collapses due to European recession if they can’t get their debt issues under control.

Aquagirl

May 22nd, 2012
4:26 pm

No surprise that Aquagirl and Adam have already added this to their “Obama’s Great Accomplishments” list.

IIRC, not too long ago the idea we’d even speak to the Iranians caused a freakout, it was a slippery slope ending with Iranians buttsecksing the ‘Merican flag and everyone’s momma.

Brosephus™

May 22nd, 2012
4:27 pm

Doom

More recently on the Guatemalans and Nicaraguans would be our exporting MS-13 and their counterparts to Central America as well….

Jay

May 22nd, 2012
4:28 pm

Moderate: http://en.wikipedia.org/wiki/United_States_support_for_Iraq_during_the_Iran%E2%80%93Iraq_war

And Sure They Are, Chu was right in terms of policy when he said that; he was wrong in terms of politics.

Kamchak ~ Thug from the Steppes

May 22nd, 2012
4:28 pm

Undoubtedly!!!!!!! That’s blasphemy to the nth degree!!!!!!

And no more or less stupid than any of the other reasons I’ve seen for justifying war.

TaxPayer

May 22nd, 2012
4:28 pm

More of Thulsa trying to anger liberals by pretending to be very very dumb.

Riiiiight. There. I’ve done my Republican impersonation for today by demonstrating my disbelief in what Jay posts.

Thulsa Doom

May 22nd, 2012
4:29 pm

josef,

U.S. support for dictators. We do in fact have a sordid history of supporting anti-communist dictatorships as the goal of countering the Soviets during the cold war. It is what it is.

Granny Godzilla - Union Thugette

May 22nd, 2012
4:29 pm

Put me in the I’ll believe it when I see it…

BUT

This is still excellent news.

Getting this far is a feather in this administrations cap.

Ya’ know….that better to have tried and failed then never tried at all.

TaxPayer

May 22nd, 2012
4:31 pm

If oil prices drop too much, Obama may have to approve that Keystone pipeline in order to get prices back up again.

josef

May 22nd, 2012
4:31 pm

Thulsa

Not exactly. This goes way back before communism ever entered into the equation…

Jay

May 22nd, 2012
4:31 pm

As Dick Cheney said way back in 1986, “Let us rid ourselves of the fiction that low oil prices are somehow good for the United States.”

Joe Hussein Mama

May 22nd, 2012
4:31 pm

Doom — “I wouldn’t call this a foreign policy success just yet. Better wait till they actually dismantle their program rather than talking about it before we can deem this a success. We’ve been stalled and strung along by Iran as well as other nations like North Korea before.”

FWIW, there’s no *hard* evidence that Iran is trying to advance a nuclear weapons program, but there’s a lot of *circumstantial* evidence. IAEA Director General ElBaradei said as much a few years ago, and Israel’s been shrieking about alleged Iranian weapons for a lot longer than that. There are several ambiguous points that Iran could do a lot to clarify, but their failure to do so isn’t evidence that they are actually trying to build nukes. Saddam Hussein was fooling around with inspectors for years, but when it came right down to it, he turned out not to have anything. He apparently just wanted his rivals in the Middle East (think Iran) worried that he *might* have them and thus balk any aggressive moves they might have wanted to make against him.

Iran claims to want to develop peaceful nuclear power, and some of their declared programs do support that. Iran also claims to want to produce medical isotopes, and some of their declared programs support that as well. However, there are a few things they’re doing that *might* indicate an attempt to go farther, though they could also indicate peaceful research that others have tried and failed at. Again, we just don’t know, and while Iran could easily clear things up, they just haven’t done so.

So do they have nukes? Don’t think so. Are they trying to build them? Probably not, but there are some valid concerns. Should we be worried? I don’t think so, but I do think we should keep the pressure on and get them to the negotiating table. Remember, shortly before we invaded Iraq, Saddam Hussein finally said ‘F**k, okay, bring the damn inspectors in, you a**holes.’ We ended up invading anyway, but shortly before we did, we warned the inspectors to get the hell out before the shooting started. If we get enough of the world on our side and we use some carrots AND some sticks, I think we can get the Iranians to come clean.

Assuming they actually ARE clean. FWIW, I’d rather we didn’t have to fight another war right now; our guys are tired and deserve some down time.

sure they are

May 22nd, 2012
4:32 pm

your honest Jay, but let me be sure in what you are saying, good policy, not the right thing to say politically due to public perception.

I have to ask this Jay, how am I supposed to fit my family into one of those electric cars, I have six in my family, including two in baby carseats?

Brosephus™

May 22nd, 2012
4:32 pm

Doom

I think Europe is going to get us close to $3 but not below it. I’d be both surprised and happy if that did happen though. I just don’t see the price going down much now with a combination of worldwide demand plus removing most, if not all, Iranian oil out of the system.

Kamchak ~ Thug from the Steppes

May 22nd, 2012
4:32 pm

…it was a slippery slope ending with Iranians buttsecksing the ‘Merican flag and everyone’s momma.

:shock: :shock: :shock: :shock: :shock:

josef

May 22nd, 2012
4:33 pm

G-mare

I’m cautiously optimistic, but not ready to award any feathers just yet…there’s still that cabal of lunatic fanatics in absolute control, and who knows what they’re liable to do…

Jm

May 22nd, 2012
4:33 pm

I don’t have a camel :)

Thulsa Doom

May 22nd, 2012
4:33 pm

Bro,

You lost me there. I thought MS-13 was a gang started in El Salvador that grew stronger in the U.S. and in U.S. prisons. I don’t see as how we could be exporting gang violence to those countries though if those gangs were originally exported up here.

Jay

May 22nd, 2012
4:34 pm

there’s still that cabal of lunatic fanatics in absolute control, and who knows what they’re liable to do…

Now Josef, don’t be so hard on Netanyahu and Barak….

barking frog

May 22nd, 2012
4:35 pm

The Ayatollah chunked the
Shah. Carter grabbed all
Iranian assets in the U.S.
where most of their cash
was kept. Iran grabbed the
US embassy. Reagan gave
them their own money and
they gave up the hostages.
Obama has impounded
their assets. Their move.

Brosephus™

May 22nd, 2012
4:36 pm

I have to ask this Jay, how am I supposed to fit my family into one of those electric cars, I have six in my family, including two in baby carseats?

There’s this little market principle called supply and demand. As long as there is little to no demand for such a vehicle, no company will supply it. However, once they see a viable market for such a vehicle, you’ll probably have options presented to you. At this point and time nobody’s squawking for it, therefore it does not exist.

sure they are

May 22nd, 2012
4:36 pm

Dick Cheney is an idiot in saying that, partially. I suppose that high oil prices based on demand means a globally growing economy. But, expensive fuel also means higher prices on products we consume, those high costs work their way down the supply chain, every where from the raw product to the finished product, which high fuel cost kill my budget which is rather limited……my paycheck doesn’t grow anywhere near the rate inflation has the past 10 years or more….

Thulsa Doom

May 22nd, 2012
4:36 pm

Brocephus,

The good thing is that if things work out diplomatically and all that Iranian oil comes flooding back into the market it would also drop world prices a chunk. If I remember correctly Iran produces something like 13% of the world’s output.

ByteMe

May 22nd, 2012
4:37 pm

I have to ask this Jay, how am I supposed to fit my family into one of those electric cars, I have six in my family, including two in baby carseats?

It’s called “personal choices”. You made the choices, you get to figure it out. That’s the conservative answer to every problem with the lower classes, right?

josef

May 22nd, 2012
4:38 pm

IMAM

They are not in absolute control…they’re in bed with Brother Barack and Sisters Hillary and Susan…

They BOTH suck

May 22nd, 2012
4:38 pm

TD

That is not a $2.00 I want to see. Europe is indeed in a tough spot, but a huge and lengthy downward spiral from them and we will feel it for sure

243 more days

May 22nd, 2012
4:38 pm

Jay,
So now you are a Dick Chnney fan. Are you also a Sec of Energy fan? He has the same opinion

Brosephus™

May 22nd, 2012
4:40 pm

Doom

Increasing deportations of criminal aliens has had a negative effect in the places they’ve been shipped off to.

MS-13 (Mara Salvatrucha) was actually started in Los Angeles by Salvadorians. We shipped it to Central America with criminal deportations. If I remember my gang histories correctly, most every Latin gang originated in the US, either in the streets or the prisons.

sure they are

May 22nd, 2012
4:40 pm

Bro, my comment was truly about the fact that Mr. Chu thinks the US should concentrate it’s monetary resources on electric car batteries, not cheaper fuel. I get there is no market for totally electric cars, they are rather inefficient as they currently exsist. If I can go 300+ miles between charges and it only takes about 10 minutes to charge the battery and it doesn’t cost more than my home, then I may be interested, till then, we should be using the oil reserves we have now…..

sure they are

May 22nd, 2012
4:42 pm

byte me, the liberal response then should be, get someone else to pay for it, it’s not my fault I’m in this situation, it’s some evil capital corporations fault….

Aquagirl

May 22nd, 2012
4:42 pm

how am I supposed to fit my family into one of those electric cars, I have six in my family, including two in baby carseats?

Ask Mitt Romney, he’ll solve that problem in a heartbeat.

Brosephus™

May 22nd, 2012
4:42 pm

Doom @ 4:36

I think that would hinge on the other oil producers not dramatically curtailing production. The thing to remember is that many of those countries have nationalized oil companies, and oil is a revenue generator for their respective countries. Dropping prices is not something they would really want.

Jay

May 22nd, 2012
4:43 pm

Adjusted for inflation, the price of gasoline is about what it was during the early Reagan years.

ByteMe

May 22nd, 2012
4:43 pm

Mr. Chu thinks the US should concentrate it’s monetary resources on electric car batteries, not cheaper fuel.

He is correct. We should. If we could develop high-density low-cost batteries, we could do a better job harnessing other forms of energy that are intermittent, like the sun, wind, solar flairs, whatever.

Cars when they first came out were inefficient and had almost no market. If you asked the average person then what they want it would be “a faster horse”. Progress marches on. Get in front of the parade instead of behind the dancing elephants at the end of it.

Thulsa Doom

May 22nd, 2012
4:43 pm

Jay
May 22nd, 2012
4:31 pm

As Dick Cheney said way back in 1986, “Let us rid ourselves of the fiction that low oil prices are somehow good for the United States.”

Dick Cheney also said “deficits don’t matter” as we’ve been reminded time and again. So if he was a fool for that statement than he is likewise a fool for the statement above.

There is an economic formula that economists use as there is a direct correlation between U.S. economic growth and the price of oil. If I remember correctly I think the general rule is that for every $10 rise in oil prices per barrel that U.S. economic production is affected negatively by two tenths of a percent so if oil rose from $100 to $110 a barrel the U.S. economy could contract by from say 1.8 to 1.6% growth. Not a huge correlation though if 2/10ths is indeed the correct number.

sure they are

May 22nd, 2012
4:43 pm

which is too high! imho….

ByteMe

May 22nd, 2012
4:43 pm

byte me, the liberal response then should be, get someone else to pay for it, it’s not my fault I’m in this situation, it’s some evil capital corporations fault….

So which side of the divide are you on with your problem?

Kamchak ~ Thug from the Steppes

May 22nd, 2012
4:43 pm

It’s called “personal choices”. You made the choices, you get to figure it out. That’s the conservative answer to every problem with the lower classes, right?

Bootstraps, get ‘em while they’re hot.

…my paycheck doesn’t grow anywhere near the rate inflation has the past 10 years or more…

See above.

Peter

May 22nd, 2012
4:44 pm

Mighty Righty …

I guess we should pull a George Bush and invade…then send America further in debt ?

They BOTH suck

May 22nd, 2012
4:44 pm

TD @ 4:29

I was conversing with Scout about that vary issue yesterday. On one hand the US must play the game of which despot to back. On the other, it has certainly come with mixed results and people are mistaken if they think the populace of these countries are not aware of what we do.

I’m not advocating of Chavez, especially after that story I told josef and yourself a few weeks back, but how do you think that he was able to obtain power? It wasn’t because the poor thought that the US back regime was doing wonders for them. Granted it hasn’t worked out as well as the poor had imagined, but our own foreign policy sometimes is our biggest and toughest enemy……………..

Brosephus™

May 22nd, 2012
4:45 pm

Bro, my comment was truly about the fact that Mr. Chu thinks the US should concentrate it’s monetary resources on electric car batteries, not cheaper fuel.

Ok. What if he stated we should use proven alternatives such as CNG or Hydrogen to suppliment our domestic supplies to wean us off imports while we were still researching and improving on eletric vehicles… Would that statement pass muster with you, or are you all oil all the time?

ByteMe

May 22nd, 2012
4:45 pm

Adjusted for inflation, the price of gasoline is about what it was during the early Reagan years.

Is that a damnation of the dollar’s decline in value?

People who worry about gas prices really don’t grasp the maxim: the cure for high gas prices is high gas prices.

sure they are

May 22nd, 2012
4:46 pm

I find it funny that liberals shout personal choices to problems but want someone else to pay to resolve them……and mandate it….

The Fresh Prince of Bill Ayers

May 22nd, 2012
4:46 pm

They’re stealing a page from North Korea’s playbook. They’re stalling, they must be close to getting a nuke.

Thulsa Doom

May 22nd, 2012
4:46 pm

Jay
May 22nd, 2012
4:43 pm

Adjusted for inflation, the price of gasoline is about what it was during the early Reagan years.

Wouldn’t that be a misleading stat though given the brutal 81-82 recession in the early Reagan years?

Granny Godzilla - Union Thugette

May 22nd, 2012
4:47 pm

Aquagirl

Thanks for the chuckle…..