Griper Blade: Big Surprise, Bush Caught in a Lie

I called it nearly a year ago. On the day after Christmas, 2006, I wrote a post that I titled, Iran May Actually Need Nuclear Energy. In that post, I argued that Iran was running out of oil and a country that had spent its entire modernity as an energy seller would want to stay in the energy business. If you can't sell oil to the world, you can sell electricity to the Middle East.

In that post, I referred to an Associated Press story that told us, "Iran is suffering a staggering decline in revenue from its oil exports, and if the trend continues income could virtually disappear by 2015..." Iran, it appeared, had experienced peak oil -- the point at which oil fields begin to deliver diminishing returns. Iran's decline is between "10 and 12 percent" annually, according to the report.

As I say, I reported this, but in the mainstream media the story went nowhere. It was a business section story and no one reported it as being evidence that Bush administration scare mongering over an Iranian nuke program might be a tad bit overhyped. Someone owes me a beer.

So, after sitting on the "Iran's running out of oil" story for almost a year, the media reported yesterday the obvious as shocking truth -- the Bush administration's full of crap about Iran's nuclear program...

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