Have you seen whats happening in KSA today?

[Mohawk600]

Yemen drone attack on SA Aramco facility.

I think it was an Iranian drone attack.

 

[Hoji]

Been talking to friends that still work over there. Military presence is higher but everything else is pretty much business as usual.

 

[candcallen]

https://www.dailymail.co.uk/news/ar...park-huge-fires-two-Saudi-oil-refineries.html

I guess there go our $2.50/gallon gas prices.

Not if we up production and sell to ourselves first. The US is once again the nation with the largest oil reserves and production capacity.

This said as long as the oils is put on the international market first we have less control over our own fuel prices, which by the way is dependent on refining capacity as much as oil prices. I get it that oil producers should get the highest price for their product, capitalism is great and drives this states stability but we should be immune to SA loss in production capacity from this incident.

 

[Davetex]

Price is still stable, I don't think it's going to amount to much.

 

[Sock Puppet]

I think it was an Iranian drone attack.

Most likely an Iranian drone used by the Houthis. Despite their denial, the Iranian are using the Houthis as a tool to attack Saudi Arabia.

 

[kbaxter60]

View attachment 184752

Price is still stable, I don't think it's going to amount to much.

Drudge is still "fanning the flames", so to speak with this story. Maybe they can send it through the roof with some hysterical "reporting"?
https://www.zerohedge.com/geopoliti...-worlds-largest-oil-processing-facility-saudi
I also saw a WSJ article yesterday that called this strike "the big one". Makes me think back to that "tin foil hat" thread. What are they trying to bury?

 

[Younggun]

Drudge is still "fanning the flames", so to speak with this story. Maybe they can send it through the roof with some hysterical "reporting"?
https://www.zerohedge.com/geopoliti...-worlds-largest-oil-processing-facility-saudi
I also saw a WSJ article yesterday that called this strike "the big one". Makes me think back to that "tin foil hat" thread. What are they trying to bury?

Nothing.


Their revenue stream is based on clicks and shares. You don’t get that with an article saying “looks like everything is ok”, you get that by making people freak out.


Sent from my iPhone using Tapatalk

 

[Davetex]

Drudge is still "fanning the flames", so to speak with this story. Maybe they can send it through the roof with some hysterical "reporting"?
https://www.zerohedge.com/geopoliti...-worlds-largest-oil-processing-facility-saudi
I also saw a WSJ article yesterday that called this strike "the big one". Makes me think back to that "tin foil hat" thread. What are they trying to bury?

Yeah, I believe I heard the Saudis say everything will be back to normal by tomorrow.

 

[toddnjoyce]

$60/bbl today.

If sustained, the Chinese are going to be hurt more than we will be. Between tariffs, their currency devaluation, and this, that’s a big hit to their economy.

 

[AustinN4]

I paid 1.99/gal this morning.