Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.
Joined: May 24, 2004 Posts: 1914 Location: Richland Center, Wisconsin
Posted: Tue Aug 31, 2004 8:43 pm Post subject: Biography - Ali Samsam Bakhtiari
Biography
Ali Samsam Bakhtiari holds a PhD in chemical engineering and is currently Senior Expert attached to the Director's office in the Corporate Planning Directorate of the National Iranian Oil Company (NIOC). He began his employment with NIOC in 1971 as Project Engineer at its Research Centre. In 1974, he joined the National Petrochemical Company as Project Engineer in its Projects Evaluation Department, and in 1977 he moved to its Corporate Planning Division. He returned to the NIOC Research Centre in 1985, where he headed several departments, and then moved up to Deputy-Director in charge of Special Projects. Between 1990 and 1995, he was Senior Expert in Technology and Development at the NIOC Corporate Planning Directorate, Senior Project Assayer, coordinator of NIOC's international seminars in Iran, and secretary of several internal technical committees. From 1996 to 1998, he was Senior Expert in Technology and Environmental Affairs in the NIOC Corporate Planning Directorate. In 1999, he was managing editor of The Journal of the Iranian Petroleum Institute. He has also been a part-time lecturer in the Chemical Engineering Department at Tehran University, has published numerous articles, and is the author of Peaks and Troughs (London: Minerva Press 1996) on the history of modern Iran.
Also: Ali Morteza Samsam Bakhtiari is a senior expert in the Corporate Planning Division of the National Iranian Oil Company (NIOC), Tehran, Iran. He specializes in questions related to the global oil, gas and petrochemical industries, with special emphasis on the Middle East. Formerly, he lectured on design and economics at the chemical engineering department of Tehran University’s Technical Faculty. Dr. Samsam Bakhtiari holds a PhD in chemical engineering from the Swiss Federal Institute of Technology (ETH), Zurich, Switzerland.
http://www.samsambakhtiari.com/ _________________ --------------------------------
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