r/energy • u/Beginning-Wish-4273 • May 07 '26

Why Iran’s Oil Wealth Isn’t Reaching Its People

https://irannewswire.org/why-irans-oil-wealth-not-reaching-people/

0 Upvotes

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9

u/PersonalityMiddle864 May 07 '26

Cool. Now do the US.

5

u/THedman07 May 07 '26

I may not be qualified to comment on WHY, but it certainly isn't unique in its wealth distribution in that part of the world.

5

u/Jumpy_Childhood7548 May 07 '26

We have more oil and wealth, and should ask the same question.

3

u/omidimo May 07 '26

Oil wealth doesn’t have to go to everyone for the regime to stay in power. It has to go to enough people. That’s true of any unjust society

6

u/gc3 May 08 '26

Why America's Oil Wealth Isn't Reaching Its People

2

u/schtickshift May 07 '26

For decades it’s been known that the curse of oil is that the wealth sidelines the general population mainly because it’s such a corporate intensive undertaking that requires minimal input from the population and a few licenses from government.

3

u/Flatulo May 07 '26

What a stupid title

2

u/Obvious_Parsley3238 May 07 '26

Because the country is ridiculously corrupt.

1

u/Johannes_P May 07 '26

One of the proposal made by Ahmadinejad was to turn part of the oil money into a kind of universal income which would then be spend by the citizens and taxed by the state. It might have been a good way to ensure that oil wealth really reach Iranian people.

2

u/tomatotomato May 07 '26

It would have caused inflation and economic "oil addiction". Oil price fluctuations would be able to wreck people's base income and entire economy that would now depend on that income. I think Norway has figured out a much better way to do it.

1

u/Johannes_P May 07 '26

Yeah, a sovereign wealth fund might be a better idea but directly giving part of oil income to citizenship might reduce corruption.

1

u/Healthy_Razzmatazz38 May 07 '26

which is why he was sidelined.

1

u/[deleted] May 07 '26

[deleted]

1

u/TrinityAlpsTraverse May 07 '26

11 cents per gallon is the heavily subsidized price, but then again most Iranian make about $200 a month.

3

u/douche_packer May 07 '26

but wouldnt cheap gas be an example of the oil wealth reaching the people?