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Global sanctions cut Iran's crude oil exports by 39% in 2012, to 1.5 million barrels a day, the lowest level since 1986, during the Iran-Iraq war, the U.S. Energy Information Administration said Friday.Tighter restrictions on Iranian oil sales, led by the U.S. and the European Union, cut Iran's net oil export revenue by 27.4% in 2012 from a year earlier, to $69 billion, the EIA said. Based on earlier estimates from EIA that revenue figure would be the lowest for Iran since 2009, when oil prices were some 56% below the 2012 level.EIA's assessment on Iran oil revenue and income cover crude oil and condensate, which is produced in association with natural gas and can be substituted for crude oil in some cases.Sanctions on Iran took hold in 2011 and were tightened in 2012, and included an EU embargo on Iran's oil imports, over concerns that Iran's nuclear efforts went beyond Tehran's proclaimed efforts to establish a peaceful, nuclear-power program.Iran's oil exports are estimated to make ...
Eagle Gun Range owner David Prince, Young Democrats of America Executive Director Emily Tisch Sussman and gun owner Gerry Norkus on the gun control debate.
FBN’s John Stossel on how the government encourages an entitlement culture and the Administration’s push for greater gun control.
AEI Resident Scholar Michael Rubin on Iran’s missile tests.
Rep. Dennis Kucinich, (D-Ohio), Rep. Tim Huelskamp, (R-Kan.), and Rep. Mick Mulvaney, (R-SC), on the debate over spending cuts versus tax increase to avoid the fiscal cliff.
Rep. Michael Burgess, (R-Texas), and Rep. Peter Welch, (D-Vt.), on what it will take to get a fiscal cliff deal.
Author Gordon Chang on the recent launch of a long-range missile in North Korea.
Virgin Atlantic CEO Steve Ridgway on Delta investing $360M in the company.
Rep. Peter King, (R-N.Y.), on the opposition to Susan Rice’s possible appointment to Secretary of State.
There are many programs available for military personnel who have returned from Iraq War and Afghanistan, as well other conflicts, who are looking to start or expand their own businesses.
Rasmussen Reports President Scott Rasmussen on the Presidential election.
Hilton Garden Inn Staten Island owner Richard Nicotra talks about his decision to allow stranded Staten Island residents to remain in his hotels rather than kicking them out for NYC marathoners.
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Rep. Mike Coffman, (R-Colo.), on why there needs to be more flexibility in how the cuts in defense spending are made.
FNC’s Dennis Kucinich on the Democrat-led push for increased spending and taxes.
Author Ann Coulter discusses what the GOP stands for.
The New York Times’ Tom Friedman on the transition inside the Obama Administration.
“Justice With Jeanine” host Jeanine Pirro on legal concerns raised over the government’s potential use of drones against Americans overseas it considers a threat.
Turning Point USA founder Charlie Kirk and WSJ Senior Economics Writer Steve Moore on the impact on future generations of government spending.