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8-Dec-15 World View -- Oil prices crash and OPEC collapses over Iran-Saudi rivalry

Kazakhstan may be forced to choose between Russia and Turkey

** 8-Dec-15 World View -- Oil prices crash and OPEC collapses over Iran-Saudi rivalry
** http://www.generationaldynamics.com/pg/ ... tm#e151208



Contents:
Oil prices crash and OPEC collapses over Iran-Saudi rivalry
Kazakhstan may be forced to choose between Russia and Turkey


Keys:
Generational Dynamics, Iran, Saudi Arabia,
Organization of the Petroleum Exporting Countries, OPEC,
fracking, hydraulic fracturing, Russia, Venezuela, Nigeria,
Kazakhstan, Belarus, Armenia, Kyrgyzstan,
Collective Security Treaty Organization, CSTO,
Turkish straits, Bosporus, Dardanelles

Iran, the country known to have world's second largest oil reserves is entering the market.....but not overnight. To boost the oil production so as to affect the oil prices, they also have to improve refining capacity and have to implement new techniques. For that, Iran has to invest several millions of dollars. so this is definitely going to take some time.
Oil Prices

Everything in Iran has gone south since they overthrew the Shah. How are those mullahs working for you now, country bumpkins? Have you had enough yet?