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The Latest: US blames Iran for attacks on Saudi oil sites
ABC News ^ | Sep 14, 2019

Posted on 09/14/2019 3:12:10 PM PDT by McGruff

Secretary of State Mike Pompeo is blaming Iran for drone attacks Saturday against Saudi Arabia's oil infrastructure.

The attacks, attributed to Iranian-backed Houthi rebels in Yemen, sparked huge fires at a vulnerable chokepoint for global energy supplies.

But in Saturday tweets, Pompeo says "there is no evidence the attacks came from Yemen" and points the finger at Tehran. He adds, "Iran has now launched an unprecedented attack on the world's energy supply."

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Foreign Affairs; Front Page News; News/Current Events; US: Hawaii; War on Terror
KEYWORDS: djibouti; dronestrikes; eritrea; hassannasrallah; hawaii; hezbollah; houthis; iran; lebanon; mullahloversonfr; putinsbuttboys; saudiarabia; sudan; tulsigabbard; waronterror; yemen
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To: Mariner

This chart shows US oil imports by country in barrels per day for the first six months of this year. By far and it isn’t even close the country with the largest source of oil for the US is Canada. That oil is going nowhere else but the US and is secure as any source of oil. Interestingly Venezuela was quite low and dropped to 0 in June of this year. Direct imported oil from Saudi to the US is just above half a million barrels. Total Persian Gulf oil is around 1 million including the Saudi part.

https://www.eia.gov/dnav/pet/pet_move_impcus_a2_nus_ep00_im0_mbblpd_m.htm


61 posted on 09/15/2019 9:43:20 PM PDT by xp38
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To: Mariner

You are absolutely correct in hindsight...but big thing have happened over that last 12 months.

Assuming a slightly higher price per barrel happens in the following months I believe you will see some of those capped wells (which aren’t counted in production numbers) tapped, with a resulting decrease in global oil prices once the additional supply kicks in.

The magic price looks like something around $70 per barrel.

Of course I could be all wrong with my prediction. Time will tell!


62 posted on 09/16/2019 6:05:56 AM PDT by jdsteel (Americans are Dreamers too!!!)
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To: jdsteel

“The magic price looks like something around $70 per barrel.”

The US should tariff imported oil to bring it to $70-$75 bbl.

And keep that posture for at least a decade.

It would be transformative. And further our strategic position.


63 posted on 09/16/2019 6:58:03 AM PDT by Mariner (War Criminal #18)
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To: Mariner

“The US should tariff imported oil to bring it to $70-$75 bbl.”

I’ve heard that proposed before and it has many positives. I do worry about the inevitable and eventual Democrat run Government screwing thing up with that.

Mission creep, so to speak. Make domestic oil the equivalent of $200/barrel to force us into electric cars, for instance.


64 posted on 09/16/2019 5:17:53 PM PDT by jdsteel (Americans are Dreamers too!!!)
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To: jdsteel

Commies creep.

It’s what they do.


65 posted on 09/16/2019 5:34:28 PM PDT by Mariner (War Criminal #18)
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To: Mariner

The House of Saud are a bunch of desert thugs who just happen to be sitting on a patch of sand when an Western geologist showed up and said “I say old boy we found scads of oil under where you’re sitting. Is this land yours?’’. They want us to do their fighting for them- again. I don’t see any benefit to a war with Iran.


66 posted on 09/18/2019 7:49:54 PM PDT by jmacusa ("If wisdom is not the Lord, what is wisdom?)
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To: billyboy15

“There will be no war..’’ You might want to give this thread a good looking over. There are some here who are just chomping at the bit for a war with Iran.


67 posted on 09/18/2019 7:51:58 PM PDT by jmacusa ("If wisdom is not the Lord, what is wisdom?)
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To: Armscor38
Saudis don’t have the military capability of defeating the Houthi militia in Yemen much less turning Iran into toast.

Oh, I believe they do if they don't have the UN looking over their shoulder for "RULES OF ENGAGEMENT VIOLATIONS".

68 posted on 09/18/2019 8:05:00 PM PDT by VeniVidiVici (Liberals - anathema to a free thinking society.)
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