Bloomberg reportedThe strike halted production of 5.7 million barrels a day — about half of Saudi Arabia’s daily output and more than 5 per cent of worldwide production — sparking fears of a fuel crisis.
NRMA spokesman Peter Khoury said he hoped Mr Taylor was right but “we’re obviously very worried”. “The average price this morning is $1.50 a litre for unleaded, so it’s not cheap to begin with,” he said. ....sufficient to keep the markets well-supplied. I have also informed all appropriate agencies to expedite approvals of the oil pipelines currently in the permitting process in Texas and various other States.Mr Khoury said motorists should “hope for the best but brace for the worst”. “At a local level the best thing you can do is try to find a bargain when you’re filling up,” he said. “If you shop around in any major capital you will tend to find a bargain.
On Sunday, US President Donald Trump tweeted he had authorised the release of oil from the Strategic Petroleum Reserve “if needed, in a to-be-determined amount sufficient to keep the markets well supplied”.
Inflation coming
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Saudi Arabia's largest oil processing facility on fire after drone attacksDrone attacks strike the world's largest oil processing facility in Saudi Arabia, sparking huge fire at a processor crucial to global energy supplies. Is this going to be used for another all out war crimes feast on Yemen? Is the facility a war crime, if so report it to the UN. oooh boy
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Drone attacks strike major Saudi oil facilitiesThe explosion set off a huge fire at one of the two Saudi Aramco sites, the Saudi Interior Ministry said. 1RossGittins Mattonews AndrewConstance GladysB Dom_Perrottet ScottMorrisonMP You will now learn the hard way that since JohnHoward you have worked on the wrong infrastructure projects
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Mike Pompeo points the finger at Iran over Saudi oil attacksUS Secretary of State Mike Pompeo has blamed Iran for the attacks on Saudi Arabia's oil facilities, saying its leaders are engaging in 'pretend' diplomacy. Following Dick Cheney’s playbook. He's 100% full of bullshit. Iran aren't behind this SBS promoting war propaganda again
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Saudi Arabia to tap vast oil stores after attacks disrupt outputSaudi Arabia will use its vast oil reserves to offset disruption to production after an attack on two major oil facilities, its energy minister said Sunday. Just expect to pay a little more at the pump due to this completely fabricated event. Stop your propaganda Iran had nothing to do with it US global War OF Terror has precedent in fabricated lies to invade countries.... The US terrorist regimes is guilty and complicit, to this war, the US has argued the supply of weapons to Saudi is in their national interest.. The media protects the US, but the US is a global evil.
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