Though I agree it’snot a bad idea, fact is that their problems don’t really impact the US as much as it used to. It may affect the world’s oil prices, but I believe we in the US can get along just fine without them now. I could be wrong, but I believe we are actually a net EXPORTER of petroleum.
Oil futures were down over the weekend. Thought that was odd. All markets are manipulated.
If only we had gone with Henry Fords first prototype. It ran off of and was made mostly of HEMP.
But then the slimes would never have been given enough money to fund satanallahs favorite pastimes, murder and enslavement.
I wonder if Kerry and the other democrats advising the Iranians are the John Boltons of Rouhani’s government? Along with crashing the US economy, the dems have no problem watching the Middle East set ablaze. For democrats nothing is too radical as long as it makes problems for Trump.
Bookmark
In a rational world, the media would be praising President Trump for working towards energy independence for our country. Seems like he knew what he was doing, doesn’t it?
I needed to fill up anyway. $2.12, which is cheaper than Sam’s according to Gas Buddy.
It’s a dumb assertion. That an attack on a Saudi oil refinery, producing finished products for Saudi delivery, will cause a cut in Saudi crude oil production and export. Two separate consumer markets.
We (America) pump more oil than we can use. Prices here should not go up nearly what it does in other places. Half of Saudi is nothing compared to what Russia, the US and other places can do. But no matter the short term displacement, the US is WTI not Brent. And it will be over stocked at all times.
Thanks for the pro tip...
I was about to buy a 1500 gallon tank and set clay-mores around it so hoarders can't get to it...
A couple of cents per gallon can mean life or death...
The Saudis claim production will be back to 100 percent by Monday.
2. There should be not shortage.
3. Will retailers of fuel use this as an excuse to increase fuel costs, probably. So I would not panic, but understand the idea to save a few dollars.
It will be interesting to watch how quickly any panic buying drives up prices.....
Imports form Saudi Arabia are down 25% form the maximum and have been going downhill for a decade:https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mttimussa2&f=m
Conspiracy theory would tell us that the deep state is fighting back.
Here’s the first good news for prices: Kellyanne says Trump will look at releases from the strategic reserve if needed.
This is meant to calm the market, and should help, we’ll see. If the Saudis can get the processing plants up quickly, this was done by Iran. If the Saudis can’t, it may point to a false flag by the Saudis to raise prices just prior to their rollout of Aramco going public, higher prices would help that rollout.
As always with the Middle East, what’s really going on can be cloudy.
Car:full
Motorcycle: full
Truck: full
heating oil tank: full
45 gallon drum: 1 full, 1: 1/2 full
jerry cans: 3 full, 5 empty
propane: 100 lb full, 30 lb 1/2, 4 X 30 lb empty/expired
I should be good for a couple weeks...