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Started By
Message
re: Iran Attacks Two UAE Oil Tankers
Posted on 6/13/19 at 6:47 am to GEAUXmedic
Posted on 6/13/19 at 6:47 am to GEAUXmedic
If we are smart, we will keep ME oil flowing, sell a ton of weapons, and allow the sunnis and shiites to fight each other.
2
Posted on 6/13/19 at 6:48 am to GEAUXmedic
Do we still have a carrier group over there in the Persian Gulf?
Posted on 6/13/19 at 6:49 am to GEAUXmedic
Nothing like some good ole middle eastern geopolitical conflicts to boost oil prices, I’ll take whatever we can get at this point.
Posted on 6/13/19 at 6:50 am to Stingray
quote:
If we are smart, we will keep ME oil flowing, sell a ton of weapons, and allow the sunnis and shiites to fight each other.
Pretty sure I've seen this one before.
Posted on 6/13/19 at 6:51 am to cajunangelle
quote:
Thank God we are near being oil independent. Thank God for Trump.
Absolutely zero to do withTrump. Thank George Mitchell and the Hydraulic Fracturing revolution if you want to thank someone.
Posted on 6/13/19 at 6:54 am to GEAUXmedic
As a former shipbroker I’d like to see the dialogue between the ship owners and the charterers on this one.
Ship owner: heyyy so we cant really deliver your cargo anymore. We’re just gonna have cancel this charter party.
Charterer: what happened?
Ship owner: just turn on the news.
Broker: *flips desk over*
Ship owner: heyyy so we cant really deliver your cargo anymore. We’re just gonna have cancel this charter party.
Charterer: what happened?
Ship owner: just turn on the news.
Broker: *flips desk over*
Posted on 6/13/19 at 6:56 am to SugarAggie
So who pays for the 75,000 tons of naptha that is now mixing with the sea water in the Persian Gulf?
Posted on 6/13/19 at 6:56 am to TrueTiger
quote:
Pretty sure I've seen this one before.
Iraq vs Iran?
Posted on 6/13/19 at 6:57 am to hubertcumberdale
quote:
Hydraulic Fracturing revolution
Who wanted to destroy this? The dims.
Posted on 6/13/19 at 6:59 am to Stingray
quote:
Iraq vs Iran?
Yep.
They got out on the battlefield and reenacted WWI.
This post was edited on 6/13/19 at 7:03 am
Posted on 6/13/19 at 7:00 am to TrueTiger
quote:
They got out on the battlefield and reenacted WWI.
Pretty gross.
But what can we do?
Posted on 6/13/19 at 7:01 am to Crimson Wraith
quote:
Who wanted to destroy this? The dims.
It (frac’ing) is regulated on the state level. Only state I know it’s illegal is New York (liberals, AOC, ran off amazon too). But yeah just saying the oil independence is more of a function of a new technology application than politics.
Posted on 6/13/19 at 7:01 am to GEAUXmedic
Middle East gonna Middle East. They'll figure it out. In the meantime lets avoid those camel frickers like the plague.
Posted on 6/13/19 at 7:01 am to BuckyCheese
Well I’d imagine the ship owners will declare force majeure as technically it’s not a war zone and it’s completely out of their control. Charterers could say otherwise and be assholes and say it was a war zone and the owners didn’t take proper steps to avoid. But that would be bull shite with all the traffic that goes through there. So I guess they will just recoup on the loss from insurance.
Posted on 6/13/19 at 7:05 am to Stingray
quote:
If we are smart, we will keep ME oil flowing, sell a ton of weapons, and allow the sunnis and shiites to fight each other.
Pretty sure we just tried to do that but Congress blocked it.
Posted on 6/13/19 at 7:15 am to GEAUXmedic
If this is proven to be Iran all parties shipping in the area need to take a zero-tolerance policy against any Iranian ships in the area. They think the economic sanctions are bad now? Wait until anything that ventures more than a mile away from their shores gets sunk.
Posted on 6/13/19 at 7:21 am to Bard
We already know who did it. Question is only if the proof and truth comes out.
Posted on 6/13/19 at 7:28 am to GEAUXmedic
quote:
One of the vessels involved was identified as the MT Front Altair, a Marshall Islands-flagged but Norwegian-owned crude oil tanker carrying naphtha, a petrochemical product, to Japan.
if this intensifies, i wonder how many of these vessels will change flags to US/UK/France in order to get escort protection.
i remember back in the 90s Iran dropping mines in the gulf, and US ships only escorted US flagged ships, and there was a rush to change flag registrations....
Posted on 6/13/19 at 7:30 am to sec13rowBBseat28
Large naval base in Bahrain.
Posted on 6/13/19 at 7:31 am to BuckyCheese
quote:
So who pays for the 75,000 tons of naptha that is now mixing with the sea water in the Persian Gulf?
Lloyd's of London...or whomever has the insurance policy on this ship
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