Jim Inhofe: “it is very rare that we have an opportunity to do something that is in the benefit of our country in terms of our…”

“it is very rare that we have an opportunity to do something that is in the benefit of our country in terms of our protection. It doesn't cost anything. If anything, it makes money, and it is something I am going to share. It is a bill I introduced today, which is S. 965. Let me give a little background to let you know why we are introducing this bill and why the Iran Sanctions Implementation Act of 2013 is significant. First of all, it is imperative that we know, because most people don't understand this, that Iran's source of revenue comes from oil exports. This is something that one of our fine Senators has had as one of his efforts, to come up with something that is going to effectively embargo the country of Iran. We have a lot of countries, for example, that we don't import anything from, but they do have a very large supply of oil. To date, Iran is exporting about 1.25 million barrels of oil. That amounts to somewhere in the neighborhood of $100 million a day or about $3 billion a month. The influence of Iran is something throughout the Middle East, and it ranges from Yemen all the way to Sudan, to Hamas, to Hezbollah, to Lebanon, and, of course, to Syria. One of the concerns I have had for a long period of time is that Iran--one of the things the President did that I think we are going to live to regret is 4 years ago he did away with our ground-based interceptor in Poland.…”