[AP/Washington Post] Barry Schweid - Iran is suffering a staggering decline in revenue from its oil exports, and its oil income could virtually disappear by 2015, according to an analysis published Monday by Roger Stern, an economic geographer at Johns Hopkins University, in the Proceedings of the National Academy of Sciences. Stern said oil production is declining, while Iran is neglecting to reinvest in oil production.
2006-12-26 01:00:00Full ArticleBACK Visit the Daily Alert Archive