Heinberg interviewed on RT on Iran’s return to the oil market
January 20, 2016
Post Carbon Fellow Richard Heinberg was interviewed on RT following the lifting of international sanctions on Iran.
From the article:
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Everyone is expecting Iran to up its oil production as a result of the lifting the sanctions. I think it is not going to happen immediately, it is going to take place over a longer period of time – the period of many months, perhaps years. Nevertheless, the prospect of more oil from Iran is weighing on oil prices; it is only one of the many factors. And that is really devastating for the industry.