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Started By
Message
re: Aramco Oil facilities on fire and gun fights breaking out in Saudi Arabia ??
Posted on 9/14/19 at 8:24 am to Mid Iowa Tiger
Posted on 9/14/19 at 8:24 am to Mid Iowa Tiger
quote:
If there is a shortage somewhere and prices get high enough “our” oil will get exported.
This is bad for our economy, how?
quote:
Yes we can try to increase production (if the production companies decide to) but unless we produce what is lost elsewhere and then some prices will go up.
I'm pretty sure that's what I said, also haven't we been increasing our production pretty steadily (and robustly) since the orange bastard took office?
It's almost like we've been curbing our dependency on ME oil....
2
Posted on 9/14/19 at 8:26 am to Mid Iowa Tiger
quote:
oil will get exported. There isn’t any way to prevent it.
I thought we were preventing it until recently.
Posted on 9/14/19 at 8:31 am to GeorgePaton
quote:
Only President in history to provide direct aid to our enemies
Uh that's false
Posted on 9/14/19 at 8:31 am to gthog61
quote:
and that money will come here instead of somewhere else
The US is producing roughly 12.5 MDPD and consumes roughly 20 MBPD.
Posted on 9/14/19 at 8:38 am to More&Les
Weren’t we getting most of our imported oil from Canada and not the ME?
Posted on 9/14/19 at 9:59 am to berrycajun
Wasn’t even aware that Yemen had sophisticated drone technology.
Posted on 9/14/19 at 10:07 am to dawgfan24348
quote:
Uh that's false
He is probably too young to know about LBJ sending wheat to the Soviet Union, propping up Communism's failures.
Maybe to young to know about Clinton giving China latest high speed computer technology.
Posted on 9/14/19 at 10:16 am to Gus007
Every president has pretty much in a way aided our enemies
Posted on 9/14/19 at 10:18 am to gthog61
quote:
quote: You’re still missing the point of world markets. If there is a shortage somewhere and prices get high enough “our” oil will get exported.
and that money will come here instead of somewhere else
Looks like I should be making a play on the energy sector pronto!
Posted on 9/14/19 at 10:31 am to berrycajun
Beto needs to take their AK47’s away
Posted on 9/14/19 at 11:08 am to berrycajun
Holy shite, I can’t wait to see oil prices when Asian markets open Sunday our time.
Posted on 9/14/19 at 11:27 am to trinidadtiger
quote:How distraught would John Bolton be if this happend and he wasn't a part of it?
At some point Israel and Saudi are going to get fed up with this proxy shat and just light up Tehran.
Posted on 9/14/19 at 12:03 pm to berrycajun
This is crazy. Half of Saudi production appears to be compromised. Looks like we will see about 5% of supply come off the market temporarily.
This post was edited on 9/14/19 at 12:06 pm
Posted on 9/14/19 at 12:10 pm to GeorgePaton
quote:
Only President in history to provide direct aid to our enemies. The same Aid Iran is now using to destablize the region.
He illegally sold missiles to Iran like Reagan?
Posted on 9/14/19 at 12:22 pm to Gus007
quote:Add to that obama giving billions of $s to terrorists.
He is probably too young to know about LBJ sending wheat to the Soviet Union, propping up Communism's failures.
Maybe to young to know about Clinton giving China latest high speed computer technology.
Dang. He must be real young!!!
Posted on 9/14/19 at 12:29 pm to Lou Pai
This is the most significant price news, disruption in the last 40 years?
Posted on 9/14/19 at 12:43 pm to cwill
In terms of sheer supply, looks like only Venezuela oil strike in 2002 is comparable.
Eta: assuming the reports are right.
Eta: assuming the reports are right.
This post was edited on 9/14/19 at 12:54 pm
Posted on 9/14/19 at 4:59 pm to GeorgePaton
There is a crybaby Bolton story on the Daily Mail. Bolton says Trump wanted to ease sanctions as an option. Bolton wants us to go to war as the only option.
Obama left a big fat mess everywhere.
Obama left a big fat mess everywhere.
Posted on 9/14/19 at 5:07 pm to cajunangelle
When do oil markets re-open and where will the price go? 
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