New York Times
January 19, 2007
By NAZILA FATHI and MICHAEL SLACKMAN
TEHRAN, Jan. 18 — Iran’s outspoken president, Mahmoud Ahmadinejad, appears to be under pressure from the highest authorities in Iran to end his involvement in its nuclear program, a sign that his political capital is declining as his country comes under increasing international pressure.
Just one month after the United Nations Security Council imposed sanctions on Iran to curb its nuclear program, two hard-line newspapers, including one owned by the supreme leader, Ayatollah Ali Khamenei, called on the president to stay out of all matters nuclear.
In the hazy world of Iranian politics, such a public rebuke was seen as a sign that the supreme leader — who has final say on all matters of state — might no longer support the president as the public face of defiance to the West.
It is the first sign that Mr. Ahmadinejad has lost any degree of Ayatollah Khamenei’s confidence, a potentially damaging development for a president who has rallied his nation and defined his administration by declaring nuclear power Iran’s “inalienable right.”
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Follow Peak Oil here. Plus I’m putting up a blog post that I found online from “Jonathan”:
Posted by Jonathan at January 28, 2005 10:20 AM
You can read more from Jonathan’s blog here.
In a recent post, I noted that oil companies’ actions (not their words) show that they realize oil exploration is no longer a profitable exercise. Nearly all the world’s oil has already been discovered; all that’s left to discover are the scraps, and oil companies know it.
In fact, the situation is so critical that “the net present value of all discoveries for the 5 oil majors during 2001/2/3 was less than their exploration costs.” (Energy Pulse, November 17, 2004, via FTW) Let that sink in. It now costs more to find new oil than the oil is worth.
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