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Trump's offer to use the Strategic reserve came fast and will help calm things. A spike in oil prices is the last thing we need right now, which is why someone (Iran or Saudi Arabia) is trying to cause one.
1 posted on 09/15/2019 8:22:42 AM PDT by SaxxonWoods
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To: SaxxonWoods

Politics is no longer local.


2 posted on 09/15/2019 8:24:51 AM PDT by going hot (happiness is a momma deuce)
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To: SaxxonWoods
I honestly think this whole thing is a farce.

Saudi Arabia is the largest oil-producing member of OPEC, and as such they regularly reduce their oil production to keep oil prices high.

So now they've lost 5.7 million barrels per day of production capacity? LOL. Big deal. I'm sure the other OPEC members can make up for that lost production.

3 posted on 09/15/2019 8:26:57 AM PDT by Alberta's Child ("Knowledge makes a man unfit to be a slave." -- Frederick Douglass)
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To: SaxxonWoods

Just remember all of those people who say we need to pull out of the Middle East. Our economy is so energy based from the fruit we buy in our grocery store to filling up the gas tank. These are orders coming straight from Iran to their puppets in the Houthi Rebels. If the Saudis just quit this war in Yemen, they would have a similar situation that Israel has. An Iranian proxy constantly lobbing missiles, drone strikes etc... into them all the time.

Iran is the biggest menace in the Middle East right now. It’s why we must keep a presence in Syria, so that Iran does not gain larger influence there, thus encircling the Gulf Arab States.

This could also drive a wedge between China and Russia. Russia wants energy to spike because their country is a big gas station with an Army. China depends a lot on Middle Eastern oil and an energy spike would be far worse for them than us.


7 posted on 09/15/2019 8:33:02 AM PDT by Old Teufel Hunden
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To: SaxxonWoods
This is Iran crying for economic relief and NOT a Saudi deception.

Iran's political structure is at risk and they seem unconcerned with military consequences.

8 posted on 09/15/2019 8:35:15 AM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: SaxxonWoods

Repost.....

The attack on Abquiq is the present day equivalent of the Japanese attack on Pearl Harbor
When the American sanctions became unbearable, the Japanese decided to lash out and go to war.

Iran attacked Abquiq to deliver the message to Donald Trump that the sanctions must be lifted. Iranians are cowards and will never attack directly. They cower behind surrogates or in the Abquiq case, false surrogates. The question rises.

How will the coalition of USA, Gulf Cooperation Council, and Israel respond. Will there be devestating sanctions on France and Germany for violating the sanctions. Will there be a kinetic attack that takes out Bandar Shapur? Will Iran be prohibited from ttending the upcoming UN meeting? Will Houthi Yemen be bombed to rubble?

It occured to me that at the coming UN meeting the President can have a one on one meeting with the Iranian boss and sit down and listen. He can then look the man in the eye and say “stop all that shit or we will kill you. Got it?”

No negotiating, no beating around the diplomatic bush, just plain easily understood reality


11 posted on 09/15/2019 8:37:16 AM PDT by bert ( (KE. NP. N.C. +12) Progressives are existential American enemies)
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To: SaxxonWoods

I think the oil stock markets open tonight 6pm EST. Not sure. At 5% of the world market, it will be interesting to see how the market reacts.

The long term, is the cost of protection for all refineries/chemical plants World Wide that are now vulnerable to an asymmetrical drone attack.


20 posted on 09/15/2019 8:46:52 AM PDT by Drango (1776 = 2020)
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To: SaxxonWoods

Saudi Officials Say Oil Production to Return to Normal Levels by Monday

Wall Street Journal Sept. 14, 2019 4:13 pm ET

http://www.freerepublic.com/focus/f-news/3778779/posts

The WSJ needs to decide which it is.


31 posted on 09/15/2019 8:57:29 AM PDT by McGruff
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To: SaxxonWoods

military action is required by the saudis and we should destroy there Iranian navy and open up the waterways for their summer fun and frolic activities..


33 posted on 09/15/2019 8:58:20 AM PDT by morphing libertarian ( Use Comey's Report, Indict Hillary now; build Kate's wall. --- Proud Smelly Walmart Deplorable)
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To: SaxxonWoods

The Islamist assholes will be fighting each other for all eternity

There is no reformation when your prophet is Satan


87 posted on 09/15/2019 11:52:20 AM PDT by Truthoverpower (The guvmint you get is the Trump winning express !)
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To: SaxxonWoods

92 posted on 09/15/2019 6:21:45 PM PDT by Spruce
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