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Old 06-18-2006, 08:47 PM  
Snake Doctor
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http://www.washingtoninstitute.org/t...5.php?CID=2477

Khamenei did not specify how Iran would endanger hahaha8220;the shipment of energy.hahaha8221; Some commentators and politicians in the West speculate that Iran would merely stop its own oil exports in the hope that energy demand and supply are so finely balanced that this would tip the world economy into crisis. This would be risky for Iran. Despite an OPEC production quota of 4.11 million barrels per day, Iran exports only around 2.6 million barrels per day. Even this might be an overstatement. The Wall Street Journal reported on June 5 that for the last six weeks Iran has been storing on tankers the equivalent of 475,000 barrels per day, suggesting that Iran can threaten only about 2.1 million barrels per day in supply to world markets. This is a figure almost bridgeable by Saudi Arabiahahaha8217;s existing spare capacity, especially in light of a Journal report that Saudi production is currently down by 400,000 barrels per day.
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