Tags: Blair | Iran | fracking | peace

Adm. Blair: Increased US Oil Production Brought Iran to Peace Talks

Thursday, 16 Jan 2014 10:16 AM

By Wanda Carruthers

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Fracking for U.S, oil has helped bring Iran to heel, as Tehran's leaders recognize they can no longer hold the world to ransom with the power of oil, Ret. Adm. Dennis Blair claimed Thursday.

"Our ability to put the sanctions on Iran was made partially possible by the fact that the U.S. was putting more oil into the market," Blair, who co-chairs the Commission on Energy and Geopolitics, told MSNBC's "Morning Joe."

Technological improvements in oil production have been made possible during the last several years by fracking, a process that extracts natural gas from shale.

The increased oil production capabilities enabled the U.S. to threaten to equal the amount of oil Iran produced, Blair said. He indicated this would not have been possible until very recently.

Story continues below video.

"Five years earlier, if you talked to the people in the Bush administration, when they looked at the same set of measures, they couldn't do it, because the market was too tight," he said.

The U.S. brokered a peace plan with Iran in November over its nuclear production capabilities. Economic sanctions the U.S. imposed in Iran were a motivator for Iran to engage in peace talks.

The increase in U.S. oil production "helps in little ways to help in big ways," Blair explained. He suggested the U.S. should be more aggressive in working with consumers and producers as the scope of the impact of the rise in U.S. oil production emerges.

Blair, a former Director of National Intelligence, said the impact of an increase in domestic oil production on foreign policy and national security was detailed in a new book. "Oil Security 2025: U.S. National Security Policy in an Era of Domestic Oil Abundance" published by the commission on which Blair serves.

Related Stories:

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Fox News Blocked From Dish Network

Sunday, 21 Dec 2014 15:20 PM

Dish Network subscribers were unable to watch Fox News Channel and the Fox Business Network on Sunday when the channels  . . .

Rep. Erik Paulsen: Obamacare About to Hit Every American

Friday, 19 Dec 2014 18:41 PM

Minnesota Rep. Erik Paulsen says that every American is about to feel the effects of Obamacare when tax season hits in 2 . . .

FALN Victim's Son: Return 2 Cop Killers Living in Cuba to US

Friday, 19 Dec 2014 17:45 PM

Two cop killers brazenly living in Cuba must be returned to the United States now that new diplomatic relations have bee . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved