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Anas Alhajji
Keynote Speaker, Author & Woodworker Energy Investment, Energy Markets, Disruptive Technologies, Oil, Gas, Energy Policy & Security |English/Arabic Tweets|
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Anas Alhajji 1h
Correct. That what I referred to when I referenced the language of the concession. Is was not gold like in gold bars. It was the currency that was used through the gulf that became no longer in use.
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Anas Alhajji 1h
Now let us go back to the concessions and see how royalties are specified in the contract. Will get back this later.
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Anas Alhajji 1h
Thank you. Now I got it. It is not what many people think: Oil was priced in dollar and sold for dollars. So oil has never been priced in gold (directly). The oil reserves were controlled by American companies who have to pay royalties to the Saudi government. Next
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Anas Alhajji 18h
Just a reminder, 10 years: one , 20 years, two Iraqs! In 10 years, China's oil demand alon increased by more than the amount of oil produced by Iraq. In 20 years, double the amount of oil produced by Iraq at today's production levels.
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Anas Alhajji Jun 16
Prophetic? ... No.. just good work! 👇🤔
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Anas Alhajji 2h
Thanks. Would you please direct me to the clippings talking about the 1960s? or even earlier?
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Anas Alhajji 3h
Thanks. Isn't it more accurate that its was priced in US dollar and the dollar was backed by gold? Then when the dollar was no longer tied to gold a new agreement was needed? Seller of oil and those who taxed it never thought about GOLD.
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Anas Alhajji 4h
Luke, in what currency Saudi oil and others were priced in before 1974?
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Anas Alhajji 4h
The only reason you have two currencies because you have a second reserve settlement or some system of exchange. Does not change the fact: doesnot change the market to competitive
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Anas Alhajji retweeted
M&Ms 24h
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Anas Alhajji 4h
Replying to @chigrl @LukeGromen
Luke, check the literature: if a producer has market power with two separate markets and two different currencies, we end up with market segmentation and price discrimination. More power, not less
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Anas Alhajji 8h
Replying to @_Ezz_AlArab @ahmad_dss
تابع الأخبار.... الحكومة التشيلية وقفت ضد عملية الشراء ....
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Anas Alhajji 9h
Replying to @_Ezz_AlArab @ahmad_dss
اشترت "جزء" من ....
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Anas Alhajji 23h
Energy Gurus: Any feedback on the short comments below would be appreciated. The objective is to find some clear lines between politics & economics. Policy making is not necessarily political. Any political decision supported by economic theory is NOT politics, ..but timing is!
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Anas Alhajji 20h
التكاليف في الأولى والثانية غير متضمنة حاليا، والموضوع الثالث بدأ يقلق بعض صناع القرار....
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Anas Alhajji 17h
From "The Impact of Iran's Nuclear Standoff On World Energy Security" Energy and Environment, Vol 18, no 5, 2007.
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Anas Alhajji 17h
OMG! Found this from an article I wrote in 2006!
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Anas Alhajji 17h
Replying to @anasalhajji
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Anas Alhajji 17h
sums up the situation!
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Anas Alhajji 17h
Replying to @anasalhajji
More on Iran and the long term impact on upstream investment (from 2006)
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