“The rational fact is, Aramco has refineries all over the World and they will use them to keep their production where it has been. Put off some scheduled maintenance here, accelerate some new construction there, and before you know it, production will be greater than ever.”
If you fellas had read my entire post you would have seen my contention was that widespread such attacks, spread to the Saudis, Bahrain, Kuwait, UAE etc. would shut down oil production in the gulf. Especially if shipping is also squeezed.
That’s not doom saying. It’s a fact.
On the issue of Aramco getting this facility back online...
Of course they will, absent ANOTHER attack. They are very, very good when it comes to paying for whatever resource is necessary.
All such facilities are extremely vulnerable. Whether in SA, the other Gulf states...or Houston.
But the idea you can repair a well hit facility like this, some of which burned to the ground, in a matter of days is ludicrous.
Nearly as much as the idea the world (and Aramco) can up production 5.7 million bbl/day in any measure less than a year...or more.
They are very, very big with thousands of interconnected processes and individual functions. And the materials on that scale, while probably available for this singular hit, could be weeks away by ship, at best.
What is your predicted month/year they will replace that 5.7 million bbl/day?