but I never predicted a full scale invision of Iran.
I did speculate a limited strike of Iran's nuclear facilities with Israel is possible this year (may be around April 07).
In terms of the doubling of the oil reserve, according to industry estimate, it translates into about 160-190K barrel extra demand per day through 2017.
US currently holds about 700M barrels in its strategic reserve.
To double the reserve of 700M barrels, the math works like this -
700,000,000/365/10=191781 extra barrels per day if it is evenly distributed.
