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Airbnb hosts in Dublin made €52 million last year

A new report shows that the typical Airbnb host made €4,900.

PEOPLE USING THE Airbnb service to host guests in their homes in Dublin collectively earned €52 million last year, according to a new report commissioned by the company.

The report found that the average annual earnings of a typical host was €4,900 (with some earning more and others earning less).

Airbnb is a homesharing website that allows people to rent out rooms or their homes to travellers on a short-term basis, with the cost decided by the renter.

Since it was founded in 2008 in San Francisco, the company has grown enormously around the world.

The number of hosts in Dublin has shot up in the past number of years – with a 100% rise in just a year.

6,100 hosts let out part or all of their properties at some point for guests last year, compared to 2,960 hosts between October 2014 and September 2015.

As well as this, income earned from letting has also almost tripled: from €17.3 million in 2014/2015, to €52 million last year.

The vast majority of the lettings (5,200) were in the Dublin city area.

The majority of Airbnb hosts are required by Revenue to pay tax on the money they earn. TheJournal.ie has sought clarification on whether the top line figure of €52 million is before or after tax is deducted.

The report 

The report – entitled Homesharing: The Positive Impacts on Dublin – also found that guests staying in Airbnb dwellings spent an estimated €221 million in Dublin last year.

In total, 403,500 guests stayed at properties in the capital hosted via the service.

Exactly half of all lettings were for private rooms. Meanwhile, just under half (47%) of listings were for an entire home.

In the case of an entire home listing the entire property is rented out by a guest and the host is not present in the building for the length of the stay.

The report also found that the vast majority of hosts (88%) shared their primary home. However, the report does not contain information on how many hosts put up more than one property for listing.

According to information on the data website Inside Airbnb compiled last August, almost half of hosts in Dublin have multiple listings on the website. These can be for separate rooms in the same building or for different buildings entirely.

TheJournal.ie has sought information from Airbnb on how many hosts have multiple dwellings. 

Other notable figures from the report include:

  • The average age of a host is 39
  • Over half of hosts say they rent out a property to help make ends meet
  • The average length of stay per guest is 3.2 nights

Criticism

The home sharing service has come in for some criticism recently, and may be subject to stricter regulations in the future.

In October, An Bord Pleanála upheld a Dublin City Council (DCC) ruling that an apartment owner in Temple Bar needed to apply for planning permission if they want to continue to rent the property out via Airbnb.

This ruling was supported by Housing Minister Simon Coveney at the time. A working group is also being set up by Government to review if new regulations should be introduced.

Sinn Féin TD Eoin Ó Broin last week raised the issue in the Dáil with Coveney, calling on new laws to be published to regulate the market.

“Sinn Féin is not against the principle of Airbnb as it was originally designed however it is my view that renting out a room in your home is entirely different to renting out your entire property,” Ó Broin said.

Ó Broin argued that people using properties as “full-time B&Bs” was negatively affecting the property market in Dublin.

There are currently 1,494 listings for Dublin on rental property website Daft.ie.

Commenting on today’s report, Aisling Hassell, site lead and global head of customer experience at Airbnb, said that the service allowed families to boost their income and helped the local economy.

“Hosts provide great experiences for guests, spread visitors and benefits beyond tourist hotspots and give an economic boost to local families, businesses and communities,” she said.

Read: Working group to review if AirBnb should face regulations

Read: This Dublin area is one of Airbnb’s ‘neighbourhoods to watch’ in 2017

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56 Comments
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    Mute Dylan
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    Mar 26th 2015, 7:55 AM

    I wish news outlets covered these stories with more consistency. You hear nothing about these conflicts for days or weeks depending on the country, and then you’re expected to take in one massive news story that outlines months of conflict, and then you’ll hear nothing about it again for another while. RTE could axe half the fluff news stories and give running coverage of these kinds of stories as well as Irish news. That would be too much like informative journalism I suppose.

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    Mute Austin Rock
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    Mar 26th 2015, 8:07 AM

    Saudi Arabia is a rogue terrorist state run every bit as worse as the likes of Syria. They are simply attacking Shia rebels because of their patholigical hatred of Shia’s and their terror of Iran. They are solely attacking Shia’s only while ignoring their Sunni creations in Yemen like ISIS and Al-Qaida (who blew the crap out of a few mosques last week). This is all in line with their growing fear of Shia strenght in Iraq. They will probably get sucked into a murderous war, but I’d say genocide is on the cards with these people. America and the West has strange friends and allies – but none weirder than SA.

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    Mute Roger Burke
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    Mar 26th 2015, 10:07 AM

    Saudi Arabia just wants to reassert it’s dominance in the middle eastern region. It supports any organisation that is anti-Iran.

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    Mute Avina Laaf
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    Mar 26th 2015, 10:41 AM

    Correct, and Iran also supports any organisation that’s anti-Sunni.
    Therein lies the problem – two regional superpowers in a protracted dick-waving contest.

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    Mute Bill Madden
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    Mar 26th 2015, 1:46 PM

    @ Saudi v Iran aka Shia v Sunni (wahabi) nothing news there. It’s been going on for nearly 1000 years on and off!

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    Mute Tony Canning
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    Mar 26th 2015, 4:47 PM

    Sunni=\=wahabi

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    Mute R M
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    Mar 26th 2015, 7:51 AM

    Oh the hypocrisy.

    Saudi Arabia(an unelected dictatorship) , other countries in the region(more unelected dictatorships) and the US have decided to act to prevent the fall of the guys they back in Yemen. No issues with this with the Western Media.

    If Russia had decided to intervene in Ukraine when the elected government was overthrown in a coup and decided to use its army can you imagine the headlines in the press that has utterly berm bought by corporations and intelligence agencies. They would read ‘Russian Aggression’ etc with the moral West advising Russia not to intervene in the internal affairs of its neighbour.

    This is illegal aggression that is and will get whitewashed in the Western Media. What will also get covered up by the media will be the fact the US has launched over 1,100 done and air strikes in Yemen under President Obama with the deaths of over 1,200 people, the vast majority of them innocent women and children burnt to cinders.

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    Mute Jason Culligan
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    Mar 26th 2015, 8:06 AM

    It’s amazing how people can still manage to complain about the US even when a military operation is launched which they are not involved in.

    The drone strikes in Yemen have been conducted with the consent of the Yemenis government. Where are your facts that prove the “vast majority” of people killed in air strikes were civilians?

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    Mute Mick Jordan
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    Mar 26th 2015, 8:12 AM

    Jason. You are around long enough to not actually expect the Anti West brigade to provide facts or proof.

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    Mute R M
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    Mar 26th 2015, 8:17 AM

    Well Jason, even a most rudimentary search on Google relating to US drone strikes and civilians will turn up a host of investigations.

    Here is another. http://securitydata.newamerica.net/drones/yemen/analysis.html

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    Mute Austin Rock
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    Mar 26th 2015, 8:20 AM

    America is not the problem here, Obama in fairness understands what is going on – unlike Republicans. Which is why they supporting the Shia led fight against IS in Iraq, but they have been duped into supporting SA.
    Now I have to disagree “…. consent of the Yemenis government” – your joking right? The Sunni president? North Yemen Shia, South Yemen Sunni. There is NO Government in Yemen, just because a bunch of gold plated princes call “their man” a president doesn’t make him one. America has been targeting al-qaeda elements only up to now, but these are not the threat SA is interested in – its Shia’s. This is just part of a geo-sectarian war the gulf state loons are waging. Just look at the states that have backed SA? Pakistan, Sudan, Egypt and the gulf states. IS/al-qaeda are sunni creations. SA have a day of reckoning – hopefully soon for all the misery they have inflicted on the ME.

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    Mute Avina Laaf
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    Mar 26th 2015, 8:33 AM

    Even using your own link RM, at the upper level out of 1100 killed, 87 were civilians.
    Now don’t get me wrong, this is still way too many, but which school did you go to that taught you that 87 out of 1100 is the “vast majority”?

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    Mute KalEll
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    Mar 26th 2015, 8:44 AM

    Avina that’s because any adult male in the area is counted as a militant . The US also use a system known as a signature strikes whereby they attack based on particular behaviours and not identification of a target. So potentially you could have a group of civilians driving an SUV in the wrong area or doing some jumping jacks being blown up and confirmed as militant kills

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    Mute Jason Culligan
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    Mar 26th 2015, 8:52 AM

    So, by your own admission, you only have assumptions and interpretations rather than hard facts to prove your point.

    Thanks for clearing that up.

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    Mute Top Cat
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    Mar 26th 2015, 9:00 AM

    @Austin Rock: Obama hasn’t a clue what’s going on, he’s busy golfing while the world burns, thanks though I needed a chuckle this morning.

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    Mute R M
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    Mar 26th 2015, 9:11 AM

    As explained to Jason and Avina before by other greats such as Horgay and BLowe, the US classes anyone within a couple hundred metre blast radius as enemy combatants. Yes, it is outrageous and barbaric but that is the policy of the moral US government. So basically a ‘suspected’ terrorist is killed based on meta data and his immediate family are killed and even his neighbours who are killed are all classed as ‘enemy combatants’. Disgusting and barbaric yet never covered by Western Media.

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    Mute Avina Laaf
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    Mar 26th 2015, 9:16 AM

    Horgay and BLowe was one and the same person, and like yourself was high on rhetoric but always ran a mile when asked for evidence to back up his claims.

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    Mute Jason Culligan
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    Mar 26th 2015, 9:28 AM

    Horgay also had a habit of referring to B Lowe as a “great” despite them obviously being the same person. Not only that, Horgay had a habit of bringing up old arguments Avina and I had with B Lowe. Funny how there’s a few similarities starting to show.

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    Mute Avina Laaf
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    Mar 26th 2015, 9:34 AM

    And just as in RM’s post to Mick Jordan lower down this thread, Horgay and BLowe also had a habit of opening his posts with “Re Mick” etc…

    Nice try Horgay, but your cover is blown again.

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    Mute Avina Laaf
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    Mar 26th 2015, 9:36 AM

    You’ve had more identities than a retiring Mossad operative at this stage….

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    Mute Top Cat
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    Mar 26th 2015, 9:40 AM

    Nice work special agents Jason & Avina.

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    Mute Conor O' Halloran
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    Mar 26th 2015, 11:09 AM

    Speaking of hypocrisy, we were the ones lowering our flag to half mast when Saudi Royals kick the bucket, not the Americans.

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    Mute BannerBoyDesmond
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    Mar 26th 2015, 10:12 PM

    America identified targets and passed them to Saudi Arabia so they were involved

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    Mute Deborah Behan
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    Mar 26th 2015, 7:56 AM

    As we have learned, it’s always a good idea to interfere with these things. Especially with Saudi Arabia cos they never do anything bad….. Except ISIS and Boko Haram

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    Mute R M
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    Mar 26th 2015, 8:02 AM

    According to assessments by even its own closet ally, the US, Saudi Arabia is the biggest financial supporter of terrorism in the queue.

    Of course, saying that, the US operates the biggest terrorist program in the world in the firm of its drone program so maybe the two countries go well together.

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    Mute Joe Sullivan
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    Mar 26th 2015, 8:08 AM

    You said it rm.

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    Mute Mick Jordan
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    Mar 26th 2015, 8:18 AM

    The Saudis were never going to permit an Shia dominated Iranian backed government on their door step. The Sunni – Shia war has been on going for 1500 years. Both sides despise the other with a hatred only found in religion. Both see each other as Heretics and Usurpers. And will quite happily slaughter each other with abandon.

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    Mute R M
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    Mar 26th 2015, 8:19 AM

    Re Mick

    You say this as if it is a perfectly natural conclusion and a natural turn of affairs.

    Your bias shines through though Mick because if Russia had done likewise in Ukraine you would be the first to criticise and lambast.

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    Mute John R
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    Mar 26th 2015, 8:34 AM

    RM, a religious dispute going on for 1400 years or so – It seems reasonable for Mick to describe it as a perfectly natural state of affairs in human conflict. This is not making an excuse for it. I suspect that the primary reasons the Saudis are intervening is that Iran, their regional nemesis, is involved in the rebel side, the conflict is in their own borders and they fear a destabilisation of the gulf which could impact on their primary means of income – oil. It wouldn’t matter is SA were democratic we would be seeing the exact same response. This is regional power politics. Unsavoury but there it is. As for those who hope SA get their comeuppance; be careful what you wish for. They are likely to be replaced by some thing far worse.

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    Mute Mick Jordan
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    Mar 26th 2015, 8:49 AM

    RM. The Russia – Ukrainian war has nothing to do with religion as this conflict has. If it was as simple as one country invading another for territorial gain then your analogy may have some cohesion.
    But this is a regional religious war that has been continuing unabated for 1500 years. And your efforts to blame others outside this conflict for your own biased reasons is pathetic.

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    Mute Avina Laaf
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    Mar 26th 2015, 9:04 AM

    Good assessment John. KSA and Iran are as bad as each other in so many ways. Just as KSA funds proxies to further its agendas, so also does Iran fund and control various proxy armies all over the middle east in pursuit of its geopolitical objectives.

    According to some commenters on here though, Iran are just a misunderstood peace-loving nation who “haven’t invaded anyone for thousands of years”.

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    Mute Gaeltán
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    Mar 26th 2015, 7:51 AM

    Cé chomh fada anois go mbeidh cogadh cathartha san Araib Shádach féin?

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    Mute Glen
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    Mar 26th 2015, 8:20 AM

    These stories tend to bring out the most condescending of commenters.

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    Mute trickytrixster
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    Mar 26th 2015, 7:55 AM

    My comment deleted,what a load of shi’ite

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    Mute Turfy
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    Mar 26th 2015, 11:03 AM

    So..US backed Saudi fighting Houthi backed Iran in the south…while in the east Iran are being supported by the US in Iraq…all awhile the Iranian nuclear talks were on the verge of an agreement.
    How convenient…

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    Mute Pat O'Dwyer
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    Mar 26th 2015, 10:56 AM

    Some interesting background information on the present conflict :
    “There’s much more than meets the eye here. In reality, inserting a foreign coalition military force into the country will increase the risk of spill-over. Looking at the harsh sectarian war brimming in Yemen, is it possible that Saudi Arabia and its ‘Sunni coalition’ may be attempting to provide air support and military assistance to its Islamic militant ‘affiliates’ inside Yemen? Recently, we exposed Saudi’s funding and supporting of al Qaeda in Yemen, in an attempt to remove the Shia Houthis who have just seized power. Perhaps Saudi is afraid that al Qaeda and AQAP (al Qaeda in the Arabian Peninsula) will be wiped out by the Shia Houthis if they did not intervene now. If this is indeed the case, it reveals just how important these extremist Sunni Islamic militant terrorist groups (including ISIS) are to Saudi Arabia in its strategy subterfuge to maintain its position as the ranking power in the region.”
    “The fact that Yemen did not attack Saudi Arabia or any of the other GCC allies means that Saudi and its GCC partners are now in direct violation of international law, specifically the Nuremberg Principles and the Geneva Conventions.”
    More :
    http://21stcenturywire.com/2015/03/25/war-saudi-arabia-launches-airstrikes-against-neighboring-yemen/

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    Mute Pat O'Dwyer
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    Mar 26th 2015, 11:43 AM

    Referring to some comments above : It’s very convenient to attempt an explanation of this war by stating “ Shi’a and Sunni factions have fighting each other for 1500 years.” There were differences and conflicts, yes, but insignificant if we study our own history. Napoleon’s wars across Europe, Christian conflict in NI, two devastating world wars, Vietnam etc, etc. (Any body counts ?) The illegal invasion of Iraq and intentional exploitation of the religious divisions added to the Sunni – Shi’a conflict. The total destruction of Iraq, Libya etc plus the droning of Yemen and many other countries has created an ideal and fertile ground for terrorists. Some self reflection may be helpful here.

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    Mute Jason Culligan
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    Mar 26th 2015, 12:34 PM

    The Napoleonic Wars, World Wars, Iraq, Afghanistan, Libya and Vietnam had absolutely nothing to do with religious conflicts. You’re comparing apples and oranges.

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    Mute Micheal S. O' Ceilleachair
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    Mar 26th 2015, 9:47 AM

    The form of governance in the Middle East is what it is. It suits their mentality. Sunni and Shia will always seek ways to get a dig at each other whether there is oil or no oil. Sunnis and Shias hate each other even more than they hate Christians and Jews because their differences revolve around the basic very early interpretations of Mohamed’s teachings which are the absolute fundamentals of their respective religions. The American and West are only interested in oil and will manipulate in order to get it as it is a vital interest. Remember 1979 when OPEC jacked the price leading to shortages in the West. Interesting that Oman has its own form of Islam and seems detached from the problems in the surrounding countries, same form of governance though, absolute monarchy, but not as much oil.

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    Mute Jarlath Costello
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    Mar 26th 2015, 4:12 PM

    Good old Saudi Arabia! They have the best weapons that money can buy and the worst human rights record that money can hide.

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    Mute Anne Marie Devlin
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    Mar 26th 2015, 9:33 AM

    The military intervention will lead to a rise in oil prices. Couldn’t possibly be in Saudi’s interests

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    Mute Mick Jordan
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    Mar 26th 2015, 10:19 AM

    Anne. Its the Saudis that are keeping the price low by pumping surplus oil. High oil prices make shale oil economicly viable and that means less need for Saudi oil.

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    Mute R M
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    Mar 26th 2015, 10:49 AM

    True Mick.

    Yet, the Saudis only pimped their old wells with salt water at the behest of the US. The process is irreversible and there will be a good deal of surplus oil for a while yet.

    Was the US trying to evert a chance of government in Russia, Iran, Venezuela etc. Who knows. More than likely, certainly on Venezuela where the US was caught red handed three weeks trying another coup. That failed and now the US has declared war on Venezuela with President Obama believing the threat from Venezuela to be so significant he has declared a state of emergency in the US so he can tackle the threat. Strange though the way more of this has been covered in the Western mainstream media…

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    Mute Jason Culligan
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    Mar 26th 2015, 11:04 AM

    “That failed and now the US has declared war on Venezuela”

    I knew you posted some ridiculous drivel but this takes the cake.

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    Mute R M
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    Mar 26th 2015, 1:33 PM

    Well, you obviously missed that boat Jason.

    The US, over two weeks ago now I think, declared Venezuela a threat to national security with the threat being so severe that President Obama has declared a state of emergency in the US to combat it.

    Smell the coffee Jason

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    Mute Jason Culligan
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    Mar 26th 2015, 2:50 PM

    Please link to the US’ declaration of war on Venezuela, as you directly claimed the US has declared war on them.

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    Mute Stephen Earle
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    Mar 26th 2015, 10:39 AM

    Where’s Frank?

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    Mute R M
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    Mar 26th 2015, 10:45 AM

    I miss Frank. He always provided some great insights.

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    Mute Baldy Brian
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    Mar 26th 2015, 5:17 PM

    95% of the Saudi Army are Pakistanis… The other 5% are useless pen pushing Saudis.

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    Mute Micheal S. O' Ceilleachair
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    Mar 26th 2015, 5:37 PM

    Can you substantiate that statement?

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