CRUDE OIL - A SHRINKING RESOURCE

CRUDE OIL, ENERGY, SHIPPING

Thursday, June 28, 2007

Rationing at midnight

Finally, as the clock struck O'O on Tuesday, Iranian individual motorists were restricted to 26 gallons per month, at the government subsidized rate of 38 cents per gallon (U.S.). Taxis could pump a max of 211 gallons every four weeks.

Struck by want and scarcity, them poor thirsty crows pelted stones at equally vulnerable Mahmoud Ahmadinejad, who was left with no other option to stop dollar drain.

He, sure, is bound to have all the heat on him while the guys who know how to cash in on any crisis will generate a lot of black buck.

Obviously, a fullstop in "have no limit script" is not a welcomed inclusion. Iranian masses enjoying unlimited cheap gasoline amidst other hardships will have to get used to the concept of that last drop and emptiness of those hollow tanks in the rear.

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