Replies to post #184301 on ERHC Energy Inc (ERHE)

[colowyo]

They've been there since jan.-'Volatile oil prices keep tankers offshore'
By Clifford Krauss
Published: Monday, January 5, 2009
ny times. Iran is one of nationals in the holding pattern China and other pacific rim economies after long term assets is what's driving things now.imo othrwise addax would still be loping along, no turf war for jubilee,etc. It was 80 mmbbl originally probably $38 oil. All things considered block 4 moving along with a schedule is best news we have outside of results indicating a great find.

[johnnieisrotten]

From a Bloomberg article May 14th
High-Sulfur Oil

Iran has doubled the amount of oil held offshore in tankers to 20 million barrels, equal to five days of the country's output, said people familiar with the situation on May 2. Demand has declined for Iran's more viscous grades such as Nowruz and Soroush, which contain as much as 3.5 percent sulfur, because few refiners can process them.

High sulfur oil is part of Iran's problem. Let the light sweet crude flow from the JDZ