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2019-09-16 Arabia
Saudi races to restore oil supply after strike blamed on Iran
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Posted by trailing wife 2019-09-16 00:00|| E-Mail|| Front Page|| [11129 views ]  Top
 File under: Govt of Iran Proxies 

#1 History shows they will not completely restore the damaged capacity. Of course they don't need to since they are no longer the biggest player.
Posted by M. Murcek 2019-09-16 01:18||   2019-09-16 01:18|| Front Page Top

#2 But I bet Iran is willing to make up the short-term deficit.

Under the table, of course.
Posted by Bobby 2019-09-16 10:57||   2019-09-16 10:57|| Front Page Top

#3 USA production is about 12.4 MM bar/day (up about 1MM from last year)

We could be up another 1-2 MM barrels within a few months after some pipelines (now under construction) are completed. Not sure about the export facilities on the Coast however.
Posted by lord garth 2019-09-16 11:52||   2019-09-16 11:52|| Front Page Top

#4 But I bet Iran is willing to make up the short-term deficit.

Iran has tankers full of oil in Chinese harbors w/o a buyer.
Posted by Neville Grusoling2019 2019-09-16 11:57||   2019-09-16 11:57|| Front Page Top

#5 Iran has tankers full of oil in Chinese harbors

Weren’t they swimming in circles in the ocean for a while, because the all storage tanks back home were full?
Posted by trailing wife 2019-09-16 16:37||   2019-09-16 16:37|| Front Page Top

#6 Qui bono? Asking for a friend. Seriously. Not snark. Who benefits from this? I’m interested in the opinions here.
Posted by Lowspark 2019-09-16 16:41||   2019-09-16 16:41|| Front Page Top

#7 The ME is a hot bed of conflict. Now they are cutting each other's throats infrastructure wise. Other than camels and sand, oil is their only real commodity.

Ultimately US technology is going to benefit. As people get tired of suppliers that are trying to whack each other, the rest of the world will turn to fracking, something we've got down to a science, except for the occasional earth quake related side effect.
Posted by Phaick Uneretle6310 2019-09-16 17:46||   2019-09-16 17:46|| Front Page Top

#8 This is why I visit.
Posted by Lowspark 2019-09-16 21:03||   2019-09-16 21:03|| Front Page Top

#9 Who benefits from WHAT, exactly?

The Iranian attack was unprovoked.

We have no interest in initiating another war - not for geopolitical reasons, not for economic reasons, not for domestic political reasons. None. Nada, zip, nichego.

There is a principle in nature, as well as human affairs, that goes variously by the terms "entropy," "chance", "randomness," or "chaos."

Iran is an agent of that principle. Iran's theocratic seeks to expand chaos wherever they can.

From BLACK HAWK DOWN:

Hoot:
See you're thinking. Don't. Cuz' Sergeant, you can't control who gets hit or who doesn't or who falls out of a chopper or why. It ain't up to you. It's just war..

Stop thinking. The Iranians are agents of chaos. They seek to f--- things up.

They confirm to a well-known type/ John Milton had their number 370 years ago:

Satan (in Paradise Lost): "For only in only in destroying I find ease ..."
Posted by Lex 2019-09-16 21:39||   2019-09-16 21:39|| Front Page Top

#10 Qui bono? Asking for a friend. Seriously. Not snark. Who benefits from this? I’m interested in the opinions here.

Frackers benefit the most - they've been sucking wind and edging ever closer to Chapter 7 liquidation as oil prices sink. Maybe it's a conspiracy by a cabal of frackers to touch off a war with Iran that sets the Iranian and Saudi oil fields on fire thereby causing $100 oil and rescuing frackers from penury. Just as European wars in the 19th and 20th centuries were an American conspiracy, since the US was the biggest beneficiary of those wars.

Back here in meat world, the most likely culprit is Iran. Iranian weapons, millennia-old Iranian territorial ambitions and American reluctance to respond combined with genuine Arab weakness.
Posted by Zhang Fei 2019-09-16 22:45||   2019-09-16 22:45|| Front Page Top

#11 The Iranian attack was unprovoked.

We have no interest in initiating another war - not for geopolitical reasons, not for economic reasons, not for domestic political reasons. None. Nada, zip, nichego.

There is a principle in nature, as well as human affairs, that goes variously by the terms "entropy," "chance", "randomness," or "chaos."

Iran is an agent of that principle. Iran's theocratic seeks to expand chaos wherever they can.

IMO, Iranians don't want war or even chaos. What they want is victory and the fruits of victory. These are very, very old-fashioned goals dating back from before recorded history.
Posted by Zhang Fei 2019-09-16 22:48||   2019-09-16 22:48|| Front Page Top

22:48 Zhang Fei
22:45 Zhang Fei
22:21 Zhang Fei
22:09 Zhang Fei
22:08 Mullah Richard
21:57 ruprecht
21:55 ruprecht
21:43 Lex
21:39 Lex
21:03 Lowspark
20:50 Neville Grusoling2019
19:44 Lex
19:39 SteveS
19:12 Frank G
18:50 trailing wife
18:38 charger
18:38 Omolulet White7049
18:35 trailing wife
18:05 Regular joe
17:46 Phaick Uneretle6310
17:08 Clyde Dribble8052
17:08 Bright Pebbles
17:08 trailing wife
16:56 trailing wife
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