Crude Oil, 10 Year Chart (up unto yesterday)
Posted on 09/14/2019 9:27:38 AM PDT by mplc51
DUBAI, United Arab Emirates—Drones claimed by Yemen’s Houthi rebels attacked the world’s largest oil processing facility in Saudi Arabia and a major oilfield operated by Saudi Aramco early Saturday, sparking a huge fire at a processor crucial to global energy supplies.
“1/2 of Saudi oil production is off line. 15 Million barrels a day. FILL up your gas tanks today.”
I wonder who can add oil to the global pool to offset the Saudi’s?
Under Jimmy Carter/Iran hostages I remember them amping it up to 10.5 million bpd. 15 is one half today? I don’t think so. Europe will suffer more.
Look, even Yemen rebels have militarily competent command.
No wonder Trump finally became embarrassed enough about the crap Bolton spews to fire him.
It’s funny how many of the world’s problems can be traced back to the Presbyterians. Oh, wait. I don’t think the Houthi rebels are Presbyterians.
Never mind.
The worst part is that people wringing their hand$ and pu$hing Uncle Sam into a war against Iran will now have a little more ammo. We need a war against Iran like we need a hole in the head.
The rebels of Yemen and Iran are both clients of Putin and the Russians. Close off the Red Sea and Persian gulf just leaves the Russin pipelines. Know your enemy folks.
Crude Oil, 10 Year Chart (up unto yesterday)
They are talking $100 a barrel.
Who makes the most money off of driving up the cost of Saudi oil?
Drones claimed by Yemen’s Houthi rebels attacked the world’s largest oil processing facility in Saudi Arabia
The US and Russia
I don’t think that’s the point here. It was an attack by Iran on the Saudis.
Iran would love to see its oil on the market at the higher prices.
My vote is to take their-Iran’s- ability to produce and refine away in response to their terrorist’s activities.
Heck, take out their port facilities too.
No way the Sauds and Israelis don’t drop the hammer on Iran after Trump is reelected. They’ll never have a better chance to do it and they know it.
If the return address on these drones says Tehran? Watch out Kharg Island. The temperature is about to rise...
Which means that Iran may try terrorist action in the US between now and 11/3/2020 in order to disrupt elections. Their greatest ally in this effort will be the RATs.
Saudi has larger crude processing facilities on their Red Sea coast.
Saudi has larger and more modern crude processing facilities on their Red Sea coast.
The Saudi’s have all kinds of modern military weapons but no leadership. Yemen is a small country trapped against the sea. It should be easy to defeat them yet 4 years have gone by.
Another story and map
https://www.wsj.com/articles/drone-strikes-spark-fires-at-saudi-oil-facilities-11568443375?mod=rsswn
Size comparison
https://www.mylifeelsewhere.com/country-size-comparison/united-states/yemen
Drones have proved themselves to be formidable weapons capable of reaching the most remote targets. Watch out America — you have refineries,too.
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