War Between Saudi Arabia And Iran Could Send Oil Prices To $250 and possibly spike over $500 | |
Anonymous Coward User ID: 71181596 United Kingdom 01/13/2016 08:15 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 18313454 Philippines 01/13/2016 08:24 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. You say you have such and such investments and yet you have zero idea regarding the implications of stated events. Said implications will touch you where you are.How do you have any investments from working at Burger King? |
Anonymous Coward User ID: 18313454 Philippines 01/13/2016 08:30 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. another clueless person how does anyone get to the plant when they cannot afford to fuel their vehicle? how does the plant afford its own electric bill? because most of the electric requires a lot of oil for transport of coal or use of diesel the chain of events is a thousand miles long |
Gelatinous Mass
User ID: 67046660 United States 01/13/2016 08:34 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. Quoting: Anonymous Coward 70664444 Errrr, No. There is not that much oil within known U.S. reserves. Strategic national policy has always been to "sip" U.S. reserves while consuming larger quantities from abroad. |
Anonymous Coward User ID: 6406905 Canada 01/13/2016 08:35 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. You say you have such and such investments and yet you have zero idea regarding the implications of stated events. Said implications will touch you where you are.How do you have any investments from working at Burger King? Just good fortune I guess. |
Anonymous Coward User ID: 39518785 United States 01/13/2016 08:37 AM Report Abusive Post Report Copyright Violation | |
Phillip J. Fry
User ID: 49105274 United States 01/13/2016 08:37 AM Report Abusive Post Report Copyright Violation | Time to buy. I just finished changing out my stored fuel. Everything sold around here is E10 which is 10% alcohol blend. It seems to last 1 year stored un-treated. It runs fine, but any longer you would want to put in a fuel stabilizer. Buy premium for stored gas. As it ages it's octane rating lowers. Your premium will be regular in a year to a year & 1/2. I will stabilize this batch in case of "economic changes", and I need to hold onto it longer. . "Don't do anything that affects anything. Unless it turns out you were supposed to do it, in which case for the love of God. Don't not do it!" |
Anonymous Coward User ID: 69764054 United States 01/13/2016 08:42 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 69764054 United States 01/13/2016 08:46 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. yes, we have our own but it costs more than $30/ barrel to bring it out of the ground $70 is when more drilling will commence. The existing drilling rigs out there right now are tied into old contracts from back when it was still profitable. The wells that are producing will always pump. The initial $ 5 million cost of drilling to get to the pools has already been absorbed |
Anonymous Coward User ID: 69764054 United States 01/13/2016 08:48 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-$80 a barrel because of the higher costs of that form of extraction. Quoting: Anonymous Coward 70664444 Errrr, No. There is not that much oil within known U.S. reserves. Strategic national policy has always been to "sip" U.S. reserves while consuming larger quantities from abroad. theres roughly 50 years of oil reserves in the US. |
Anonymous Coward User ID: 71231072 Canada 01/13/2016 08:49 AM Report Abusive Post Report Copyright Violation | The US should reimpose export ban on US lower 48 states domestic crude. Which begs a question. If American lower 48 state petroleum can (was, another Obama fucking) only be sold in the USA then why was its price controlled by international OPEC cartel price manipulation for all those decades? |
Phillip J. Fry
User ID: 49105274 United States 01/13/2016 09:00 AM Report Abusive Post Report Copyright Violation | seriously if oil went to £350 a barrel plus tax, i would actually purchase a small solar array at least 22% efficiency type, and wire up an electrolysis system, id nip down to a mechanic and get my car all sorted to run on hydrogen, and be done with it. Quoting: Anonymous Coward 71181596 Nice, till the have-nots kill you and take your car. Good Lord people, when everything goes belly up, the niceties of a prosperous society go down the toilet. Haven't you noticed how society has deteriorated in the past 20 years while life has been relatively good. How nice are people driving in traffic now? Limited to none food,clean water,heat,clothes,safety,law enforcement. It's going to be Brutal Anarchy. . "Don't do anything that affects anything. Unless it turns out you were supposed to do it, in which case for the love of God. Don't not do it!" |
Phillip J. Fry
User ID: 49105274 United States 01/13/2016 09:03 AM Report Abusive Post Report Copyright Violation | Sub 30$ oil, why. Why would everybody be selling, ramping up production in a totally glutted market. Iran is now, thanks to Obama & Kerry ready to sell 600K barrels of per day into this market. Why are the Saudis selling ARAMACO the largest oil co. in the world? Why do they need the money at the cost of destroying their prime livelihood? The answer is War Money. All the chips are on the table. Iran vs Saudis Iran make nukes? Their partner is N. Korea. Saudis start a nuke program? Who funded Pakistan's program? The safe bet is they both already have them. WW3 looms behind the the leader most hyped up on the Crazy Rhetoric of Islam. . "Don't do anything that affects anything. Unless it turns out you were supposed to do it, in which case for the love of God. Don't not do it!" |
nasa say it we found life ye
User ID: 13516075 United Kingdom 01/13/2016 09:15 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 $500 and stay around there for some time depending on the extent of the damage.” Quoting: Taskforce88 [link to oilprice.com] And we will do all it takes to make it happen,we are losing billions a day searching the truth |
Anonymous Coward User ID: 69764054 United States 01/13/2016 09:16 AM Report Abusive Post Report Copyright Violation | Sub 30$ oil, why. Why would everybody be selling, ramping up production in a totally glutted market. Iran is now, thanks to Obama & Kerry ready to sell 600K barrels of per day into this market. Why are the Saudis selling ARAMACO the largest oil co. in the world? Why do they need the money at the cost of destroying their prime livelihood? Quoting: Phillip J. Fry The answer is War Money. All the chips are on the table. Iran vs Saudis Iran make nukes? Their partner is N. Korea. Saudis start a nuke program? Who funded Pakistan's program? The safe bet is they both already have them. WW3 looms behind the the leader most hyped up on the Crazy Rhetoric of Islam. conspiracies aside, ive heard that "oil-deep" banks are demanding the production to cover the debt |
nasa say it we found life ye
User ID: 13516075 United Kingdom 01/13/2016 09:20 AM Report Abusive Post Report Copyright Violation | Sub 30$ oil, why. Why would everybody be selling, ramping up production in a totally glutted market. Iran is now, thanks to Obama & Kerry ready to sell 600K barrels of per day into this market. Why are the Saudis selling ARAMACO the largest oil co. in the world? Why do they need the money at the cost of destroying their prime livelihood? Quoting: Phillip J. Fry The answer is War Money. All the chips are on the table. Iran vs Saudis Iran make nukes? Their partner is N. Korea. Saudis start a nuke program? Who funded Pakistan's program? The safe bet is they both already have them. WW3 looms behind the the leader most hyped up on the Crazy Rhetoric of Islam. Iran has nukes Saudis have none most now are going buy iran oil and gas yes war is coming russia china n Korea syria and a few more all will back Iran,will we back the Saudis if they force war with iran?. searching the truth |
Anonymous Coward User ID: 39518785 United States 01/13/2016 09:24 AM Report Abusive Post Report Copyright Violation | Sub 30$ oil, why. Why would everybody be selling, ramping up production in a totally glutted market. Iran is now, thanks to Obama & Kerry ready to sell 600K barrels of per day into this market. Why are the Saudis selling ARAMACO the largest oil co. in the world? Why do they need the money at the cost of destroying their prime livelihood? Quoting: Phillip J. Fry The answer is War Money. All the chips are on the table. Iran vs Saudis Iran make nukes? Their partner is N. Korea. Saudis start a nuke program? Who funded Pakistan's program? The safe bet is they both already have them. WW3 looms behind the the leader most hyped up on the Crazy Rhetoric of Islam. Iran has nukes Saudis have none most now are going buy iran oil and gas yes war is coming russia china n Korea syria and a few more all will back Iran,will we back the Saudis if they force war with iran?. the NWO hasn't the stomach for War. . |
King Triad
User ID: 68152912 United States 01/13/2016 09:25 AM Report Abusive Post Report Copyright Violation | Sub 30$ oil, why. Why would everybody be selling, ramping up production in a totally glutted market. Iran is now, thanks to Obama & Kerry ready to sell 600K barrels of per day into this market. Why are the Saudis selling ARAMACO the largest oil co. in the world? Why do they need the money at the cost of destroying their prime livelihood? Quoting: Phillip J. Fry The answer is War Money. All the chips are on the table. Iran vs Saudis Iran make nukes? Their partner is N. Korea. Saudis start a nuke program? Who funded Pakistan's program? The safe bet is they both already have them. WW3 looms behind the the leader most hyped up on the Crazy Rhetoric of Islam. Iran has nukes Saudis have none most now are going buy iran oil and gas yes war is coming russia china n Korea syria and a few more all will back Iran,will we back the Saudis if they force war with iran?. I think they both have nukes?...Pakistan is ready to back the Saudis in any war. I don't think Obama would get involved... @Godsarmymilitia |
Anonymous Coward User ID: 39518785 United States 01/13/2016 09:28 AM Report Abusive Post Report Copyright Violation | Sub 30$ oil, why. Why would everybody be selling, ramping up production in a totally glutted market. Iran is now, thanks to Obama & Kerry ready to sell 600K barrels of per day into this market. Why are the Saudis selling ARAMACO the largest oil co. in the world? Why do they need the money at the cost of destroying their prime livelihood? Quoting: Phillip J. Fry The answer is War Money. All the chips are on the table. Iran vs Saudis Iran make nukes? Their partner is N. Korea. Saudis start a nuke program? Who funded Pakistan's program? The safe bet is they both already have them. WW3 looms behind the the leader most hyped up on the Crazy Rhetoric of Islam. Iran has nukes Saudis have none most now are going buy iran oil and gas yes war is coming russia china n Korea syria and a few more all will back Iran,will we back the Saudis if they force war with iran?. and i bet some of Kimmie's new Hydrogen Bombs are on their way to Iran, by sumbmarine, right now... |
Anonymous Coward User ID: 71221040 Canada 01/13/2016 09:30 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 71224684 Brazil 01/13/2016 09:32 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 70411064 United States 01/13/2016 09:32 AM Report Abusive Post Report Copyright Violation | Who cares, it's all about demand. The people will just get oil from else where. Quoting: Anonymous Coward 71231100 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 actually yes it has changed the price of petrol from almost 5 USD / Gallon down to almost 1.50 USD / Gallon |
Phillip J. Fry
User ID: 49105274 United States 01/13/2016 09:33 AM Report Abusive Post Report Copyright Violation | Sub 30$ oil, why. Why would everybody be selling, ramping up production in a totally glutted market. Iran is now, thanks to Obama & Kerry ready to sell 600K barrels of per day into this market. Why are the Saudis selling ARAMACO the largest oil co. in the world? Why do they need the money at the cost of destroying their prime livelihood? Quoting: Phillip J. Fry The answer is War Money. All the chips are on the table. Iran vs Saudis Iran make nukes? Their partner is N. Korea. Saudis start a nuke program? Who funded Pakistan's program? The safe bet is they both already have them. WW3 looms behind the the leader most hyped up on the Crazy Rhetoric of Islam. Iran has nukes Saudis have none most now are going buy iran oil and gas yes war is coming russia china n Korea syria and a few more all will back Iran,will we back the Saudis if they force war with iran?. the NWO hasn't the stomach for War. . Read their Georgia Guide Stones. They only want 500 million on "their" planet. 7 billion aren't going to walk off the planet when asked. . "Don't do anything that affects anything. Unless it turns out you were supposed to do it, in which case for the love of God. Don't not do it!" |
Acro
User ID: 6243772 United States 01/13/2016 09:33 AM Report Abusive Post Report Copyright Violation | |
Rufus Juice
User ID: 61956645 United States 01/13/2016 09:34 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. exactly - the same plan that broke the USSR collapsing it under the weight of the social programs and cheap oil - which is and was 80% of Russian exports. there is no doubt the deal includes after Russia is broken to the point of no longer a threat (at least in this cycle) oil will go to $300 for a while ~ The Saudis arent reclaiming market share - thats ridiculous. They cant gain back enough marketshare to make up the difference in low prices. "When the power of love overcomes the love of power the world will know peace" Jimi Hendrix |
B@Z
User ID: 836385 United States 01/13/2016 09:36 AM Report Abusive Post Report Copyright Violation | If they could just do that before we shutdown all of shale drilling... For the word of the cross is folly to those who are perishing, but to us who are being saved it is the power of God. - 1 Cor 1:18 Know God - Thread: The Terrifying Truth About God Rethink Hell - [link to www.rethinkinghell.com] :knowjesus3: |
Anonymous Coward User ID: 39518785 United States 01/13/2016 09:37 AM Report Abusive Post Report Copyright Violation | |
Phillip J. Fry
User ID: 49105274 United States 01/13/2016 09:38 AM Report Abusive Post Report Copyright Violation | Sub 30$ oil, why. Why would everybody be selling, ramping up production in a totally glutted market. Iran is now, thanks to Obama & Kerry ready to sell 600K barrels of per day into this market. Why are the Saudis selling ARAMACO the largest oil co. in the world? Why do they need the money at the cost of destroying their prime livelihood? Quoting: Phillip J. Fry The answer is War Money. All the chips are on the table. Iran vs Saudis Iran make nukes? Their partner is N. Korea. Saudis start a nuke program? Who funded Pakistan's program? The safe bet is they both already have them. WW3 looms behind the the leader most hyped up on the Crazy Rhetoric of Islam. Iran has nukes Saudis have none most now are going buy iran oil and gas yes war is coming russia china n Korea syria and a few more all will back Iran,will we back the Saudis if they force war with iran?. and i bet some of Kimmie's new Hydrogen Bombs are on their way to Iran, by sumbmarine, right now... They would send the atomic bombs. And yes the transportation method is correct. The "failed" Hydrogen bomb wasn't. Because it's an EMP weapon. Beware of their next "Satellite" launch. . "Don't do anything that affects anything. Unless it turns out you were supposed to do it, in which case for the love of God. Don't not do it!" |
Dexter User ID: 70704351 United States 01/13/2016 09:38 AM Report Abusive Post Report Copyright Violation | Who cares, it's all about demand. The people will just get oil from else where. Quoting: Anonymous Coward 71231100 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 Well it's pretty close to 2$ a gallon here where I live, which is one of the lowest prices I have seen around here in years. Not saying you are wrong about the rest, just pointing it out, it does affect the prices over here, not sure about down unda. |
Anonymous Coward User ID: 61906181 United States 01/13/2016 09:39 AM Report Abusive Post Report Copyright Violation | |