Senator Kerry – Wrong on Iran

by Iain Murray on June 10, 2010

in Blog

Senator Kerry just said during the debate on SJRes 26, the “Murkowski resolution” to disapprove EPA’s rule relating to greenhouse gas regulation that the USA pays President Ahmadinejad of Iran $100m a day for oil.

This is absolutely, unequivocally false.  Iran is subject to sanctions that specifically target the Iranian oil industry.  This is from the Energy Information Administration’s website:

As per the Iran Transactions Regulations, administered by the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC), U.S. persons may not directly or indirectly trade, finance, or facilitate any goods, services or technology going to or from Iran, including goods, services or technology that would benefit the Iranian oil industry. U.S. persons are also prohibited from entering into or approving any contract that includes the supervision, management or financing of the development of petroleum resources located in Iran. See OFAC’s Iran Transactions Regulations page for more information.

Add another one to the list of patently false objections to the resolution.

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