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fuzzy
Joined: 29 Nov 2013 Posts: 954 Location: The Marches, UK
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adam2 Site Admin

Joined: 02 Jul 2007 Posts: 7360 Location: North Somerset
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Posted: Thu Jun 13, 2019 12:14 pm Post subject: |
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AFAIK no tankers have been sunk, but even the threat thereof is a serious matter.
Jerry cans already filled !
30L of petrol in RED jerry cans and about 100L of paraffin in BLUE jerry cans, and another reserve of paraffin in the plastic containers in which it is supplied.
Extra logs on order which IMHO is just as important. Any shortage of heating oil could greatly increase demand for fire wood. _________________ "Installers and owners of emergency diesels must assume that they will have to run for a week or more" |
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PS_RalphW

Joined: 24 Nov 2005 Posts: 5579 Location: Cambridge
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Posted: Thu Jun 13, 2019 12:14 pm Post subject: |
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Price is still $20 below the annual peak of $85 Brent.
I did order a top up on my heating oil a few days ago (smug grin)
This is a bit more serious than the previous attacks (?) as there appears to be more damage done, but so far it is low key, and with oil prices dropping low enough to make US fracking very unprofitable I am not sure the US is too upset. |
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adam2 Site Admin

Joined: 02 Jul 2007 Posts: 7360 Location: North Somerset
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Posted: Thu Jun 13, 2019 12:21 pm Post subject: |
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The oil price has increased, but only modestly and is indeed well below prices reached within the last 12 months.
This I find surprising. _________________ "Installers and owners of emergency diesels must assume that they will have to run for a week or more" |
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ReserveGrowthRulz

Joined: 19 May 2019 Posts: 404 Location: Colorado
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Posted: Thu Jun 13, 2019 4:31 pm Post subject: |
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US E&P's are going to LOVE IT!!! Free cash flow bump! |
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adam2 Site Admin

Joined: 02 Jul 2007 Posts: 7360 Location: North Somerset
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ReserveGrowthRulz

Joined: 19 May 2019 Posts: 404 Location: Colorado
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Posted: Thu Jun 13, 2019 9:04 pm Post subject: |
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If we actually get some decent shooting started between the US and Iran, it could be a wild ride for oil producers. Russia and Saudi Arabia won't have to cut production because Iran will probably come offline to some extent, prices will go up, and the only loser will be Iran in terms of lost revenue and whatever military hardware the US aims at. But they can take pride in having created a nice revenue increase for everyone else, friend and foe alike! |
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raspberry-blower
Joined: 14 Mar 2009 Posts: 1835
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adam2 Site Admin

Joined: 02 Jul 2007 Posts: 7360 Location: North Somerset
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Posted: Sat Jun 15, 2019 9:52 am Post subject: |
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BTW, I saw a splendidly ironic sight yesterday, an ELECTRIC car being driven to a filling station in order to fill jerry cans with petrol ! _________________ "Installers and owners of emergency diesels must assume that they will have to run for a week or more" |
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Little John

Joined: 08 Mar 2008 Posts: 7216 Location: UK
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Posted: Sat Jun 15, 2019 10:19 am Post subject: |
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So, here we go.
The next act in the Yank imperialist destruction of the middle east. A country destroyed, and untold death and destruction.
The rest of the world sees this for exactly what it is. |
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adam2 Site Admin

Joined: 02 Jul 2007 Posts: 7360 Location: North Somerset
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Posted: Sat Jun 15, 2019 12:23 pm Post subject: |
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https://www.youtube.com/watch?v=6Lr65p0KmCA
Is a link worth viewing IMHO, hopefully it is not prophetic. _________________ "Installers and owners of emergency diesels must assume that they will have to run for a week or more" |
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ReserveGrowthRulz

Joined: 19 May 2019 Posts: 404 Location: Colorado
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Posted: Sat Jun 15, 2019 3:29 pm Post subject: |
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Little John wrote: | So, here we go.
The next act in the Yank imperialist destruction of the middle east. A country destroyed, and untold death and destruction.
The rest of the world sees this for exactly what it is. |
Well, except for us Yanks anyway. A continuation of the Carter Doctrine is just a continuation of the Carter Doctrine, nothing new really.
Except now we don't need the oil like we did back then, the US having built it self to a oil and natural gas producing superpower. Another one of those advantages of us Yanks I suppose, besides the world can see whatever it wants but it sure can't do much about it.
So when are you Brits going to collect yourself a real Navy again?  |
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woodburner
Joined: 06 Apr 2009 Posts: 4070
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Posted: Sat Jun 15, 2019 6:08 pm Post subject: |
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The problem is the US has Bolton and Pompeo, both extreme warmongers. I think Corbyn was right to ask for credible evidence, and that was justified by Hunt’s (that is the correct spelling) dismissive remarks.
If they’re not blaming Iran they’re blaming Russia, it’s always someone elses fault. _________________ To become an extremist, hang around with people you agree with. Cass Sunstein |
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woodburner
Joined: 06 Apr 2009 Posts: 4070
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Posted: Sat Jun 15, 2019 6:10 pm Post subject: |
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The video was published more than 10 years ago.
Perhaps this is more relevant for an understanding of he problem. _________________ To become an extremist, hang around with people you agree with. Cass Sunstein |
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raspberry-blower
Joined: 14 Mar 2009 Posts: 1835
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Posted: Sat Jun 15, 2019 6:49 pm Post subject: |
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Craig Murray: The Gulf of Credibility _________________ A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools - Douglas Adams. |
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