Saudi Arabia & Iran on war footing?
 

https://www.cnbc.com/2017/11/10/saud...ommentary.html

Wouldn’t this be awful? If things escalate there is of course the horror of war, but secondly we would still only be selling to the USA when a barrel of oil could quadruple in price! I’d rather we had more pipelines than we need than too few.

More refugees, international chaos, the full meal deal. God I’m glad that we’re physically isolated from that region.

This is something to be watching. The start of something major, for sure.

The scariest thing is the NDP in Alberta would be considered miracle workers if oil were to hit 80/bbl nevermind $200/bbl.

This could turn scary real quick. That region is so unstable that it would most likely spread like wildfire.

I love how they write, the threat of a war is becoming more credible. So a threat is becoming more credible. What exactly does that mean? The threat of me dying from a heart attack is becoming more credible because I had lunch at McDonald’s. It doesn’t mean a heart attack is imminent. Sounds more like they are trying to stir the pot to get ratings. other than business as normal for the Middle East. They’ve been fighting each other since the beginning of time, that is nothing new.

Take a collection and send them some bullets.

When the Irving refineries can't get their Mid East oil by ship, and they have to lay off workers because they don't have any feed stock. Energy East will be asked, begged, and prayed for.

Other than that, a prolonged war in the sand box is a destabilizing event. Plus it's tough the people over there too.

With the recent purge's in Saudi from the arrests of princes and other high ranking officials to the suspicious helicopter crash that took out a prince and a bunch of other officials who were on board in what was surely just coincidental timing, who knows what might happen? I only posted it as a mental exercise on the 'what if' of how it would affect our politically-hamstringed O&G industry. Lord knows there are enough what if's, but this one struck me as something that it would be nice for us to be prepared in terms of infrastructure to take up some of the slack in resulting market demand.

i heard this on the bbc. why did the lebanese PM resign last week and what did kushner say in saudi arabia before all this started?
http://www.arabnews.com/node/1190766/saudi-arabia

Its too bad Energy East isnt done and its getting colder out east and the pipelines only run south.
:argue2:

Oh! the irony!
 

Given their history of supporting terrorism in the region, this statement from Saudi Foreign Minister Adel Al-Jubeir is particularly amusing:
Maybe Saudi Arabia should ask the "war-mongering" Isrealis for ideas on how to deal with the peaceful Lebanese organization known as Hezbollah; they've been dealing with it since its inception in the 1950's. :sHa_sarcasticlol: (that's the sarcasm font, for anyone not sure)

This. Irving is extremely anti Canadian for running his refinery the way he does. Probably donated heavily to Trudeau.

Interesting. But I never heard of this tilll now

mays be ...
 

a GD time to buy OIL !


:oregonian_winesmile


... and one of those new 60 inch curved rigs from sams 'ung


:party0052:

I just hope that if those two decide to go at it, the rest of the world's major players stay out.

That's my hope but probably not going to happen.

Interesting

And how is his running of the refinery anti-Canadian?

I assume you don't realize they had signed on with Energy east and were upset at it's cancellation.


As for a Saudi/Iranian war... If all the conspiracy theorists are correct, shouldn't the evil oil companies be starting that war in a few days?

I'm subscribed to a number of U.S. Government and military forums.
The main concern is what is going on in Lebanon, which is now controlled be Hezbolha, which is now pretty much a terrorist organization and is funded by Iran.
Everyone from Saudi Arabia to Isreal is very concerned...most Middle East states are telling any of their citizens in Lebanon to leave NOW.
Yeah...this could turn nasty.

It is really bad to have those cou tries degenerate into some form of all out war.

That is about 14.6 million barrels of daily oil production between the two. Knocking out even 50% of that or even 30% would cause untold harm to the global economy. Any temporary benefit to us would be far outstripped by oil shortages and their effects on the global economy.

The middle east oil is the life blood of the planets economy and in such tulmultous places it is hard to see them getting beaten down by more war. They have endured quite the nightmare over the past century as everyone battles as well as themselves battle over their territories. If they arent in civil war or war with a neighbour the west is actively manipulating the area or invading these cou tries/having proxy wars.

Thankfully our oil is garbage and no one wants control of it haha

And now what is Lebanon up to?

http://m.jpost.com/Arab-Israeli-Conf...-border-514782

The people of Yemen are the real victims and caught between two factions of Islam. We are going to see refugee migration similar to Syria. I certainly hope for the innocents suffering children and elderly they are being deliberately starved by the Saudis. That they find refuge and food fast.

Just the Saudi's eh? How about American involvement? And how many billions of dollars in arms have the USA sold to Saudi Arabia? How's the arms deal between Canada and Saudi Arabia going?




Missile launch - blamed on Iran - from Yemen into Saudi Arabia. Bahrain pipeline explosion blamed on Iran. Billions more in arms sold to Saudi Arabia.

Are people seeing the picture yet? War is a wonderful business.

They should just turn that whole desert region to glass...

yup !!!

There's always enough blame to go around. My thoughts are with innocents caught in the middle simple people farmers and labourers who just want to live in peace and raise a family. There has to be a little compassion for them is there not?

I'm truly amazed that people don't know history.


Turn it all to glass? Just who is the aggressor? I find it amazing that folks can turn a blind eye to what the "west" has done to the world in the last hundred years - and call it fair. The world has reasons to be angry with the west don't they...

Well said.
Most people dont know history. The real history.

No they don't ... without the American investment the Middle East would be a sandy pile of people in poverty and still fighting over nothing but religious belief's ... can't change stupidity !!!

How about recent history? Who would have thought that Obama's illegal nuclear treaty with Iran (not ratified by congress or senate), and releasing approx. $140 billion to the #1 state sponsor of terrorism (Iran) at the same time would have started a M.E. arms race? :thinking-006:

Actually that would be Saudi Arabia.... but then they're "our" terrorists. Bin Laden? Saudi. Who funded ISIS? Saudi. Where is all the money coming from for the most radical mosques being set up in the west? Saudi....