ConcNES, from Zen to terror and back

Will change the stats soon
 
I'll divide it your balls!
(rude but to the point :p )
 
I guess I'll join is as IRAN!

Nothing like ticking off the UN.

From Iran
To All Nations that recieve exported oil


We are offically raising the price of a barrel of oil by 3 American Dollars.

Raising our income!
 
Kal'thzar said:
Thats good, it just means more oil is bought from other suppliers...like the UK.

The UK cannot supply as much oil as Iran.Iran is in control of the largest oil fields in the world. Either way its gunna lead to a war which I want.
 
Luckymoose said:
The UK cannot supply as much oil as Iran.Iran is in control of the largest oil fields in the world. Either way its gunna lead to a war which I want.
As President of the United States it is my wish to inform you that your actions and desires are highly dangerous and irresponsible.
 
No it does not. The oil price is determined by market forces, and if someone wants to sell above market price then they will simply not sell their oil. Simple as that. Saudi Arabia and Russia can supply a lot of oil, and can jointly cover the gap that Iran would leave.
 
yeah, but if one country raises prices then it will only hurt that country and help the countries that keep selling cheap
 
lurker's comment: Not to mention Iran is a part of OPEC, and they together determine the price of their oil, so you'd be isolating yourself from OPEC as well, unless of course they follow you.
 
To: The world
From: Saudi Arabia

Obviously Iran is trying to attempt to destabilize the world, but we won't allow that to happen. We urge all importers of oil to cut trade to Iran. There are plenty of nations in the world that can make up the supply lost from Iran.
 
China is mine.

To: Iran
From: China

Cease these immature acts. Now.
 
To:Germany
From: France

We hope the transfer of our currencies to the Euro goes smooth. Hopefully this is only the beginning of unity.

To: UK
From: France

Is it too late for you to change your mind and accept the Euro? We feel as if you are moving the Union backwards.
 
Iran can raise oil prices, they have threatened to do so already (a few months ago and a few ago to) so yes they can raise oil prices by 1, 2 3 dollars or by 60 dollars if they want.
 
Sure they can....nobody will buy from them though
 
lurker's comment: It's oil. It isn't something you can just live without. If some jerk with a large supply decides to raise the price, you do have to pay the price unless you want your nation to grind to a halt. Only so many people supply it and there's only so much to be had - you can't always just go off and get more from somebody else.

For example, despite Kal'tzhar's claims here, the UK's oil production cannot support, say, all of Europe. Iran, being the second largest OPEC producer, can generate a far larger supply. In fact, by not buying Iran's readily available oil, demand goes up as alternate sources begin to be tapped. As demand goes up, so do prices (law of supply and demand) for a highly sought after good.

So, in effect, by Iran having a large percentage of the oil market, when they raise prices, if nobody wants to buy from them, the ensuing demand placed on other oil producing nations will likely cause them to raise prices, meaning there's no reason not to buy from Iran when all is said and done.

This is why OPEC and oil producing nations as a whole are so bloody powerful. You can't just ignore them and magically conjure oil out of nowhere. See also: The 1973 Oil Crisis.

In the case of Iran the only ones who need to be particularly worried are the Europeans, since the Americans have had embargos on the Iranians since the 70's. In fact, OTL Iran threatening to raise prices was incredibly stupid on the part of the Iranians since it just threw the Europeans into the American camp. But I digress.

In the case of this NES it was stupid to randomly announce raising prices without getting the rest of OPEC to go along. :p
 
^ditto
it's pretty simple you know, a question of supply and demand. If supply is drasticly reduce because iran gets embargoed by everyone, then the price will go up anyway, due to a shortage of oil and the naturally high demand, oil being a needed resource in this world. So Europe and America would still have to buy oil from Iran. Unless the governments of those countries put price cielings on oil prices , but oil companies definately won't be happy about that
 
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