Is Iran taking U. S. dollars for it's oil or not?
371921
Not directly because no U.S. company can do business in Iran. However, there are international companies that do business here in the U.S. and in Iran as well.\n\nIran likes getting U.S. dollars and does trade in them because they are worth more than their local money. Most countries trade in other currencies, mostly the U.S. dollar, the British Pound, and now the Euro as well.
903450
First, there has never been a shortage of gas or oil, if you watch when it comes time for travelers to starting vacationing or warmer weather starts, gas prices go way up then by fall after Labor Day they go down.  We have more oil that people don't even know about.  Our Pres. doesn't want this know but we have plenty, we don't have to buy from Iran or anywhere we have enough resources in America.
1105045
Yes , many americans dont remember that we tried to control the oil in iran for the british 40 years ago,,, we pissed off an entire fanatical country with a history of democracy and 2000years old,,,,,,  now we are paying for it,,,it is not propaganda,,, keep asking and researching
756400
The short answer is : No.\nUp until about 1990, the exchange rate was 1 Dinar = US$3.20 \nBeginning shorthly before the first Gulf War, the free market rate of the dinar began dropping and was about 300 to the US dollar by 1996, even though the official rate remained at the pre-war level. Shortly before the start of the second Gulf War, the free market rate was about 900 to the US dollar. The highest denomination Saddam banknote was the 10000 dinar banknote, which was about $11.00 US (Uncut sheets of 15 of this same note are readily available on eBay for about $30).\n\nFYI, Iran's currency isn't especially stable, either. The rate has dropped from 3000 riyals / US$1 to 8000 / US$1 over the last five years. \n\nIt all boils down to who is running the printing press in each individual country.
1172860
No.\n\nWe want their freakin' oil.
717079
'we have nothing to fear but fear itself" -F.D.R.\n\nThe world supply of oil without iran is 1.5 mill barrels short per day. Iran can produce 2.7mill barrles/day. U.S. has not placed oil embargoes against Iran for this reason. Saudi Arabia plans to cover this 1.5mill barrels so that U.S. can place embargoes against Iran; however, Saudi Arabia wont be able to do this until 2009.\n\nIf U.S. consumers can cut U.S. oil supply by 10percent per day, then we will not need Iran oil, and we can set a ZERO export/import embargo with Iran.\n\nNext time you see someone flooring the throttle on their Hummer SUV, just remember who is paying for the 100Million that Iran is paying right now to Russia to build it's nukes!!! DRIVE ECONOMY CARS!!!!! \n\nSource(s):\n\nU.S. Foreign Policy magazine. this month's issue.
428005
Yes I agree in the sense that the US needs to get off its dependence of oil. Since most of the oil comes from the middle east it may not be wise to give money (or trade) with the region that probbaly has the most hostile attiude toward us.
418088
Chill out, if Iran and Venezuela get their way and we don't make up a reason to nuke them off the map, it will be a new option to deal in gold or Euros soon.  I personally can't figure out why they don't, if I were either one and had the power to bring the USA to it's knees without killing anyone I'd do it in a heartbeat.  If they did, we'd be waaaay too broke to start a real war with them.\n\nPeople don't understand in the US that it was NOT their tax dollars that have paid for this war or other administration bloating, it was loans from Asian central banks (mostly Arab, Indian, and Chinese-owned) that have been bankrolling this government.  These loans need the interest paid off constantly, and can be called to be paid off in full at any time the banks see fit.  Failure to do this means the USA is bankrupt.  Not needing dollar investments means these banks will dump at least part of their holdings to diversify to whatever the new cool currency is...meaning the USA goes bankrupt.  You can thank our Republicans for this policy going back to the Nixon era and accelerating during Reagan and now becoming absolutely crushing under Bush II.
625223
USA is keeping Iran under pressure and giving signal to other Middle Eastern and Arab countries not to indulge terrorism. This way, interest of USA is protected by trying to suppress terrorism and controll of the oil price. At the same time, USA will not expect to see the rise of another nuclear power state in the Middle Eastern region especially Iran who has long dispute history with the USA and Israil. In my mind, unless unavoidable circumstances, USA will not go to War as they have found recent experinces from Iraq War.
337915
First of all, we don't "have control" over Iraq's oil production.  We have a decent relationship with Iraq, but we do not control their natural resources.\n\nAlso, one of the main oil producing nation is IRAN, not Iraq.  And right now Bush is "evaluating" possible threats from Iran.  They are not our allies.  So everyone is scared of what might happen, so they jack up the prices just in case.\n\nThere is a supply and demand issue, which is why gas prices tend to go up on the weekends and over holidays, during the summer, etc.  Another problem is that the oil companies have learned that the market will support the high prices, so there is nothing to stop them.  I mean, how can they blame the increase on their costs rising when they made record profits last quarter??  Its not all a rise in cost, the oil companies are making KILLER profits.\n\nWhat can we do?  Short if walking, I don't know...
367604
Yes, cuz not only irans oil and petrolium units destroyrd but also Middle eastern countries can not export oil as Iran may attack their fields and ships!\n\nBut I dont know how much blood per every oil Galon world should pay!
901409
If Al Qaeda pays $100 a day, who do you think is funding this? We are by buying oil from Iran and the rest of the Middle East! Let's start drilling our own offshore oil!
407678
obviously the gas price goes up and it could even become more than $5 per liter,,,, in this case the price of everything would go up, cloths, food, ..because of the high shipping costs, people in north America and Europ would have a hard time making a living.\nthe best solution is to move down to some rural area in California where getting food is not much problem. we could ride horses....... or instead we could make another form of fuel before going to war with Iran....however it bring us to the question of....why should US attack Iran if there is no more need for oil!....
4517
Probably not much, since the big bucks are in production and transmission.\nRemember we still own a big piece of the Production in OPEC Oil Fields.
111322
MAIN REASON JELOUSY.there is the decrease in the oil filds in the usa and europe is just folowing,so the point is that Iran is now very rich in both oil and the new unclear energy so the main thing is, it is going  be richer then the usa soon so they want to prevent this. Though they do not have any evedence thet Iran is making weapons useing un clear energy.Infect they should be happy to know that there is going to be other kinds of energy available other then oil.
202996
I have! Oil prices go down and gas goes up. Supplies increase the price at the pump goes up. The 2nd biggest oil deposit in the world comes under U.S. control.... You get the idea. Enough is enough. His friends have all made a buck on this insanity, let's go back to $1.00 a gallon.
693159
France thinks the same thing that China and Russia think about Iran... "Oil Money at any cost!"\n\nAt least the USA is trying to stop WW3.