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Hey!  What is going on with Iran?

&NewLine;<p class&equals;"wp-block-paragraph">To the extent that the media and the public is almost myopically focused on the Russian invasion of Ukraine&comma; we are distracted from other matters&period;&nbsp&semi; It would appear that the &OpenCurlyDoubleQuote;fog of war” drifts over other issues in other parts of the world&period;&nbsp&semi; Like Iran&period;&nbsp&semi; What is happening there&quest;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">We should recall that President Biden has promised to re-establish the old Iranian Nuclear Deal – or at least a revised edition&period;&nbsp&semi; That – in and of itself – is a concern&period;&nbsp&semi; The original deal was bad enough&comma; but the demands of the Iranian negotiators are even worse than before&period;&nbsp&semi;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Still&comma; the Biden administration is plodding forward to get a deal – which is looking more like a face saver for Biden even if that means more concessions to the mullahs in Tehran&period;&nbsp&semi; And it appears that such a deal may be near&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">One of the demands from Iran is the removal of sanctions – preferably before a final deal is struck&period;&nbsp&semi; That would be stupidity to the point of malfeasance by the Biden administration&period;&nbsp&semi; But unfortunately&comma; that does not preclude acquiescence to Iran’s demands&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">But why would Biden even consider such a condition&quest;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Weeell … it has to do with oil&comma; the Russian invasion of Ukraine and Biden’s policies of reducing domestic oil production – such as shutting down the Keystone Pipeline&comma; banning exploration of federal lands&comma; limiting drilling approvals&comma; etc&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">All those actions have resulted in a drop in domestic production&period;&nbsp&semi; It shifted the United States from an oil exporting nation to an oil purchasing nation&period;&nbsp&semi; And guess from whom we purchase seven percent of our oil&period;&nbsp&semi; If you guessed Russia&comma; give yourself a pat on the back&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">After having successfully withdrawn on dependency on foreign oil – although we do purchase a small amount – we still had surpluses&period;&nbsp&semi; We were now buying from Russia&period;&nbsp&semi; We were now indirectly helping Putin finance his invasion of Ukraine&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Our shortfall in oil meant that we had to pay the price on the open market – and inflationary price&period;&nbsp&semi; Pushed partly by American demand&comma; the crude oil prices rise – and so do the gasoline prices at the pump rise – and so does virtually everything in which gasoline plays a role&period;&nbsp&semi; That means just about everything from apples to automobiles&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Biden has been trying to get other producers in the Middle East –and even Russia – to pump more to reduce the price America pays for foreign oil&period;&nbsp&semi; Now think for a moment&period;&nbsp&semi; What would make Putin increase production so that the United States can have cheaper gas and he could have reduced income&quest;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Now get ready for the closer&period;&nbsp&semi; That is where Iran comes in&period;&nbsp&semi; One of the points of discussion with Iran is that THEY increase production and sell oil to the United States in return for the elimination of sanctions – all or some&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">So&comma; rather than roll back his policies restricting domestic consumption – and piss off the radicals in his Democratic Party – Biden seems to think it wiser to shift our dependency from one adversary to another&period;&nbsp&semi; And the entire reason for this unholy deal is a hope that reduced oil prices will slow the inflation and save the Democrats’ posterior in the 2022 midterm elections&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">If Biden were to increase American production and prices would fall&period;&nbsp&semi; That would be a serious blow to Putin since he needs high oil prices to keep his war going – and to keep the entire Russian economy from collapsing&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Biden seems willing to trade off sanctions on a terrorist state so that he does not have to increase American production&period;&nbsp&semi; Biden’s main concern is that the American voters do not figure out this bit of political skullduggery&period;&nbsp&semi;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">So&comma; there &OpenCurlyQuote;tis&period;<&sol;p>&NewLine;

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