The government of Japan is facilitating oil imports
from Iran by offering tanker insurance thereby
removing the main impediment to breaking the Iranian
oil embargo .
Quote:
(RTTNews) - Japan's Diet (Parliament) has enacted a law to provide
compensation for accidents involving tankers transporting crude oil
from Iran, a move to counter European Union sanctions banning insurance
on shipments of Iranian oil.
I recently read their residential electric rates were already over 30 cents per KWh.
and that the avg KWh/mo, usage per household was 290 KWh/mo.
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--Thomas Jefferson, 1743-1826--
"I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt."
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Japan to buy Iranian oil
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