Author Topic: Future strategy to survive discovering 1 out of every 20 bbls of oil we now use.  (Read 256799 times)

DooDiligence

  • Hero Member
  • *****
  • Posts: 1958
  • ♪ 🎶 ♫ ♪ 🎶 ♫
and Mammon is in the White House breeding more chaos.

But I lean towards Buddhism, so I'll be back.
Healthcare 25.9% - CVS EW NVO // BRK.B - 23.1% // Auto's & Oil 15.0% - CLB GPC VDE

Entertainment 4.8% - DIS // Banking 9.9% - WFC // Drinkers & Smokers 4.9% - MO

%'s held @ MV 08/29/2019 minus 16.4% investable cash

i trumpet my ignorance

https://twitter.com/tunawish


SharperDingaan

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 3287
More ominous is the very recent 'test' pullout from the US Al Udeid AFB in Doha, Qatar; the high number of heavy-lift aircraft departures from Niagara Falls AFB's, the loss of 2500 Saudi troops (3 brigades) to the Houthi's over the weekend, and the Saudis still insisting that everything is 'OK'.

The Houthi's may be 'rag tag', but  they would seem to be better than the Saudis -and it is the Saudis offering the temporary cease-fire. Yet if SA capacity is fully restored, how come there are no pictures showing those damaged facilities now 'repaired' ?
Because they actually aren't ?

There would also appear to also be a 'gag' order on any related ME reporting, as none of the above made the 'main-stream' press.
Most would find it very unlikely that in today's more 'connected' world, the press wasn't aware.

SD



« Last Edit: October 03, 2019, 10:08:47 AM by SharperDingaan »

Cardboard

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 3292
Iranian officials say two rockets struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia
https://www.cnbc.com/2019/10/11/explosion-sets-ablaze-iranian-oil-tanker-near-saudi-port-state-media.html

https://mobile.reuters.com/article/amp/idUSKBN1WI161

Is generalized conflict next?

SharperDingaan

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 3287
I rather suspect that this has more to do with the Aramco IPO, and fore-knowledge that Ecuador was going to declare Force-Majeure.
https://oilprice.com/Latest-Energy-News/World-News/Aramco-Set-To-Approve-Worlds-Largest-IPO-Next-Week.html
https://oilprice.com/Latest-Energy-News/World-News/Ecuador-Declares-Force-Majeure-On-All-Oil-Operations-As-Protests-Escalate.html

However, it is also very clear that the US is getting ready to light the match
It would seem that the Niagara Falls heavy-lift aircraft went to Syria/Turkey; they haven't come back, leaving how many US troops/equipment where? Same as Saddam Hussein was, Soleimani (head of the elite Quds Force) is very good at what he does; taking the ayatollah's out, is the same as installing him - and 'they' missed. Iranian loading/processing facilities are bristling with embedded rocketry, Iranian/Chinese/Others tankers have all gone dark, MBS is bleeding in his shark pool, and SA forces are clearly not up to mounting the demanded reprisal - a missile strike on a transiting tanker isn't going to do it.

Brexit is in 3 weeks, and the UK/EU needs 'friends'; to most people, that suggests a GW II type combined forces coalition strike.
US troops/equipment are in the area, and very likely 'assisting' SA forces - changing 'decisions'.
Trump has very limited time, and impeachment proceedings are rapidly shrinking it.
Iran knows something is coming, and expects it soon.
None of this is good.

Few doubt that there will be regime change, but to many - the day 'after' may well be a lot worse.
The ayatollah's are mullahs; they are not going to be eliminated, and after the 'decapitation' - will back someone wiling to 'reprise'. Hence Soleimani, in conditions favourable to dictatorship. And Iran is the home of the hashishin.
Again, not good.

Interesting times.

SD



« Last Edit: October 11, 2019, 08:11:09 AM by SharperDingaan »