Industrialized Cyclist Notepad


Iran didn’t shoot down that drone…
December 5, 2011, 05:29
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…they took control of the thing and landed it. According to local reports, which appear contrary to the headline below.

Iran shoots down U.S. spy drone: reports – Tehran Times.

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Senate unanimous on sending gas prices straight to the moon
December 4, 2011, 01:50
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Iran Faces Oil Curbs as U.S. Targets Central Bank While EU Adds Sanctions – Bloomberg.

I don’t know if these guys realize. Iran produces a lot of oil, and exports about 2.2 million barrels per day. This is a very strange/interesting development. “Choking off” Iranian exports will not only send prices to the stratosphere here, but could also cause very serious supply disruptions around the world, gas lines, rationing, general chaos. Now why would they want to do that?