War Between Saudi Arabia And Iran Could Send Oil Prices To $250 and possibly spike over $500 | |
Anonymous Coward User ID: 60655682 United States 01/13/2016 05:56 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 66078551 South Africa 01/13/2016 05:57 AM Report Abusive Post Report Copyright Violation | |
The Old Timer
User ID: 64134821 United States 01/13/2016 05:59 AM Report Abusive Post Report Copyright Violation | "If there is a war confronting Iran and Saudi Arabia, oil could overnight go to above $250, but decline [back] down to the $100 level,” said Askari. “If they attack each other’s loading facilities, then we could see oil spike to over $500 and stay around there for some time depending on the extent of the damage.” Quoting: Taskforce88 [link to oilprice.com] Lets go Brandon!! What doesn't kill us...makes us more interesting Either you live for something worth dying for....or you rot away and die on the installment plan quote: Mr Bill when I post something....I will remove any post I find disrespectful or offensive..... |
Taskforce88
(OP) User ID: 62323077 United Kingdom 01/13/2016 06:02 AM Report Abusive Post Report Copyright Violation | |
Lady Jane Smith
Forum Administrator 01/13/2016 06:39 AM Report Abusive Post Report Copyright Violation | You are right though, if they do stat a hot war and start attacking production facilities and/or transportation means, the price will surge. That is why I do not understand people who going out to buy gas guzzlers just because the price is now dropped. It will not stay this way forever -- just look at the price history of gasoline in today's dollars. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
Anonymous Coward User ID: 54937273 United Kingdom 01/13/2016 06:40 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 31310212 United States 01/13/2016 06:41 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 71230805 United States 01/13/2016 06:51 AM Report Abusive Post Report Copyright Violation | "If there is a war confronting Iran and Saudi Arabia, oil could overnight go to above $250, but decline [back] down to the $100 level,” said Askari. “If they attack each other’s loading facilities, then we could see oil spike to over $500 and stay around there for some time depending on the extent of the damage.” Quoting: Taskforce88 [link to oilprice.com] Nope, never will happen. The Freemasons made a deal with the devil over the Kerry-Saudi price-fixing scheme back in September 2014 that was designed to punish Russia and destroy the budding Natural Gas companies in America. Of course, they hoped that the price would eventually come back up and they would get the best of both worlds. But Russia, China and Iran were two steps ahead and now we must all pay the price until Trump is elected and fixes the problem. |
Anonymous Coward User ID: 70664444 United States 01/13/2016 06:53 AM Report Abusive Post Report Copyright Violation | US has their our sources now with fracking as well as mexico and Canada. North America will be swimming in oil for the next 150 years. Just that it'll be $70-$80 a barrel because of the higher costs of that form of extraction. |
Anonymous Coward User ID: 59425117 Croatia 01/13/2016 06:56 AM Report Abusive Post Report Copyright Violation | Sunday Times: Israel, Saudi Arabia Cooperating to Plan Possible Iran Attack Saudis would allow Israel use of air space and provide drones, rescue helicopters and tanker planes, report says. from: Nov 17, 2013... |
Anonymous Coward User ID: 57058893 United States 01/13/2016 06:59 AM Report Abusive Post Report Copyright Violation | oils gonna be about $12 per barrel and never go back up $35... ...party's over people, nothing to see there. and while i'm here, gold will be about $225 and silver $1.50. all your get rich schemes won't be worth the paper they're written on. |
Anonymous Coward User ID: 71231100 Australia 01/13/2016 07:00 AM Report Abusive Post Report Copyright Violation | Who cares, it's all about demand. The people will just get oil from else where. For instance, lowest prices in years have you seen significant change in your local petrol price? No. In addition, no wonder Saudi about to float their oil business on the stock exchange. Take everyone's money and then crash and burn. lol |
Anonymous Coward User ID: 71230805 United States 01/13/2016 07:02 AM Report Abusive Post Report Copyright Violation | [link to www.haaretz.com] Quoting: Anonymous Coward 59425117 Sunday Times: Israel, Saudi Arabia Cooperating to Plan Possible Iran Attack Saudis would allow Israel use of air space and provide drones, rescue helicopters and tanker planes, report says. from: Nov 17, 2013... S-300 and S-400's in Iran say no thank you to this proposal. |
Anonymous Coward User ID: 71230805 United States 01/13/2016 07:06 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 64670235 Greece 01/13/2016 07:18 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 12266642 United States 01/13/2016 07:18 AM Report Abusive Post Report Copyright Violation | |
ISLANDIA
User ID: 69942026 United States 01/13/2016 07:18 AM Report Abusive Post Report Copyright Violation | Saudi alone does not have the muster to fight a real war. The Saudi children are spoiled and weak used to ordering people around Iranians have been living under tough restrictions and propagandized for a very long time. Mentally they are now ready. USA would not enter war with Iran, Because this would bring immediate retaliation from Russia |
Anonymous Coward User ID: 1680182 Netherlands 01/13/2016 07:29 AM Report Abusive Post Report Copyright Violation | oils gonna be about $12 per barrel and never go back up $35... Quoting: Anonymous Coward 57058893 ...party's over people, nothing to see there. and while i'm here, gold will be about $225 and silver $1.50. all your get rich schemes won't be worth the paper they're written on. Gold & Silver = worthless paper? Meeeeec! |
Madmacs
User ID: 70368693 United States 01/13/2016 07:42 AM Report Abusive Post Report Copyright Violation | "If there is a war confronting Iran and Saudi Arabia, oil could overnight go to above $250, but decline [back] down to the $100 level,” said Askari. “If they attack each other’s loading facilities, then we could see oil spike to over $500 and stay around there for some time depending on the extent of the damage.” Quoting: Taskforce88 [link to oilprice.com] |
Xeven
User ID: 22759987 United States 01/13/2016 07:44 AM Report Abusive Post Report Copyright Violation | Frak I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments are designed to inspire critical political thinking. I only mean half of what I say and only say half of what I mean. |
Xeven
User ID: 22759987 United States 01/13/2016 07:49 AM Report Abusive Post Report Copyright Violation | Saudi alone does not have the muster to fight a real war. Quoting: ISLANDIA The Saudi children are spoiled and weak used to ordering people around Iranians have been living under tough restrictions and propagandized for a very long time. Mentally they are now ready. USA would not enter war with Iran, Because this would bring immediate retaliation from Russia Not really. Russia would raise hell but Putin is NOT going to engage USA military, not today. I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments are designed to inspire critical political thinking. I only mean half of what I say and only say half of what I mean. |
Anonymous Coward User ID: 6406905 Canada 01/13/2016 07:49 AM Report Abusive Post Report Copyright Violation | If this happens, I'll be a rich mofo. ALL of my invested money is wrapped up in the energy sector. My wife is much more diverse, so we balance pretty well, but if oil were to spike to $250-$500 a barrel I'd stand to become quite well off. |
Anonymous Coward User ID: 18313454 Philippines 01/13/2016 07:49 AM Report Abusive Post Report Copyright Violation | No You are far too optimistic. If that much oil is taken off the market you will see resource wars sparking up all over the globe. You will not be worrying about oil. You will be more concerned about water and air and your skin. |
Anonymous Coward User ID: 70055387 United States 01/13/2016 07:50 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 18313454 Philippines 01/13/2016 07:50 AM Report Abusive Post Report Copyright Violation | If this happens, I'll be a rich mofo. ALL of my invested money is wrapped up in the energy sector, primarily oil. My wife is much more diverse, so we balance pretty well, but if oil were to spike to $250-$500 a barrel I'd stand to become quite well off. Quoting: Wash 2.0 cant spend it in the morgue though |
Anonymous Coward User ID: 6406905 Canada 01/13/2016 07:54 AM Report Abusive Post Report Copyright Violation | If this happens, I'll be a rich mofo. ALL of my invested money is wrapped up in the energy sector, primarily oil. My wife is much more diverse, so we balance pretty well, but if oil were to spike to $250-$500 a barrel I'd stand to become quite well off. Quoting: Wash 2.0 cant spend it in the morgue though I don't live in the M.E. and never plan on going there. That "spat" would never spill across the ocean. I don't NEED to drive my vehicle regularly and I don't heat with oil. Food costs would increase, but I'm able to absorb that, so really I would only benefit. Not to mention their "war" would be short lived. |
Anonymous Coward User ID: 70169889 United States 01/13/2016 07:58 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 71181596 United Kingdom 01/13/2016 07:58 AM Report Abusive Post Report Copyright Violation | "If there is a war confronting Iran and Saudi Arabia, oil could overnight go to above $250, but decline [back] down to the $100 level,” said Askari. “If they attack each other’s loading facilities, then we could see oil spike to over $500 and stay around there for some time depending on the extent of the damage.” Quoting: Taskforce88 [link to oilprice.com] Lmao that would put it well below solar and hydrogen in terms of cost efficiency. All internal combustion engines can run on hydrogen with very minor tweaks. |
Anonymous Coward User ID: 70305458 United States 01/13/2016 08:02 AM Report Abusive Post Report Copyright Violation | We have our own supply and we will be taking over oil from iraq soon plus israel will likely be producing since they hv oil now. We do need clean energy though...as long as it can be retrofitted for people and has power, too. |
Anonymous Coward User ID: 71181596 United Kingdom 01/13/2016 08:13 AM Report Abusive Post Report Copyright Violation | seriously if oil went to £350 a barrel plus tax, i would actually purchase a small solar array at least 22% efficiency type, and wire up an electrolysis system, id nip down to a mechanic and get my car all sorted to run on hydrogen, and be done with it. |