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OhNo-Really

(3,985 posts)
Wed May 9, 2018, 12:38 PM May 2018

This message was self-deleted by its author

This message was self-deleted by its author (OhNo-Really) on Sat Dec 10, 2022, 10:29 PM. When the original post in a discussion thread is self-deleted, the entire discussion thread is automatically locked so new replies cannot be posted.

11 replies = new reply since forum marked as read
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Wwcd

(6,288 posts)
1. They have nearly reached the endgame of their coup.
Wed May 9, 2018, 12:44 PM
May 2018

Mobsters win!!

Saudi, Assad, Vlad, Bibi & Trump are within a hair width of having what they came for.

O.I.L

It has always been about the control of Oil.

former9thward

(32,005 posts)
2. Iran does not have more oil than Saudi Arabia.
Wed May 9, 2018, 12:47 PM
May 2018

The Saudi's produce 10,461,000 barrels a day and Iran produces 3,9991,000 barrels a day. Saudi oil reserves are 266,600 million barrels and Iran has 157,800 million barrels.

https://en.wikipedia.org/wiki/List_of_countries_by_oil_production

OhNo-Really

(3,985 posts)
6. Production yes. Oil in the ground......questionable
Wed May 9, 2018, 01:15 PM
May 2018

Saudi Arabia is moving its economy away from oil.

Over at Reuters, John Kemp uses the data to take a look at Saudi Arabia, long thought to have a vast and seemingly endless pool of oil upon which to draw. He notes that the Saudi government suddenly upgraded its oil reserve estimates from 170 billion barrels in 1987 to 260 billion barrels in 1989.

Since then, Saudi oil reserves have been unchanged for more than 25 years at 260 billion barrels. As Kemp wryly puts it, "If the government data is accurate, the kingdom has managed the remarkable feat of exactly replacing each produced barrel with new discoveries or increased e
stimates of the amount recoverable from existing fields."

http://www.businessinsider.com/us-has-the-worlds-largest-oil-reserves-2016-7

OhNo-Really

(3,985 posts)
7. Iran and even Qatar producing more natural gas than Saudi Arabia
Wed May 9, 2018, 01:36 PM
May 2018
https://www.eia.gov/todayinenergy/detail.php?id=710

There is a volcano of threatened authoritarian powers about to blow up, or so it feels like.

Too much tension in the air, tension being an authoritarian tool.
 

Wellstone ruled

(34,661 posts)
3. The jump in Crude Price
Wed May 9, 2018, 12:49 PM
May 2018

is starting to show up in our local economy. If it is showing here,can not imagine the effects in Rural Areas. Not many households can afford a $50 dollar or more hit to their budgets,just for fuel costs.

OhNo-Really

(3,985 posts)
4. Been a bit over $3 gal here for a couple of weeks. Housing costs skyrocketed
Wed May 9, 2018, 01:05 PM
May 2018
 

Wellstone ruled

(34,661 posts)
5. We have had $3 dollar plus fuel
Wed May 9, 2018, 01:11 PM
May 2018

since December.

The Landlords here in the Valley that have Properties on the outer edges are seeing the 2007 effect taking hold. Rents spiked last fall,now the Brokers are nervous .

superpatriotman

(6,249 posts)
8. They've been six months from a bomb since 1992
Wed May 9, 2018, 01:37 PM
May 2018

It's a load.
A distraction.

OhNo-Really

(3,985 posts)
11. I agree. One of the link d articles shows Iran's nuclear history
Wed May 9, 2018, 02:57 PM
May 2018

Nety..... wants US to bomb Iran. Didn't McCain sing the same tu e?

roamer65

(36,745 posts)
9. If you group the Arab shi'a provinces of Iraq and Iran together, it's damn close to the KSA.
Wed May 9, 2018, 01:49 PM
May 2018

Basra province of Iraq and the Khuzestan province of Iran together are a good chunk of the world’s proven reserves.

The oil rich Eastern province of the KSA is majority Arab Shi’a as well.

It has always been a wet dream of the neocons to break Khuzestan away from Iran. The MEK has been the vehicle for that gambit.

OhNo-Really

(3,985 posts)
10. That's the take away I got from the dkos articles.
Wed May 9, 2018, 02:56 PM
May 2018

Thank you

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