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dixiegrrrrl

(60,010 posts)
Sat Jun 15, 2019, 03:53 PM Jun 2019

Here's something interesting about the tanker blow ups

Mentioned in a newsletter called the Hustle..

After Gulf of Oman oil-splosions, buyers start eyeing Texas’ fossil juice

Yesterday, mysterious explosions rocked 2 oil tankers in the Gulf of Oman, clogging up a crucial oil supply route.
Although US authorities blamed Iran, details are still hazy. But what’s clear is that oil prices rose more than 3% as concerns mounted.
Why is the Gulf of Oman so important
The gulf’s Strait of Hormuz is a route for ⅓ of the world’s oil -- so disruptions cause mayhem in the markets.
Yesterday’s attacks -- which came after 4 other attacks in the area on May 12 -- suggest continued volatility, a problem for anyone who buys Middle Eastern hydrocarbons.

Texas just got really important
Now, with 2 of the world’s largest oil-producing regions -- Venezuela and the Middle East -- in chaos, Texas’ booming Permian basin region is suddenly a crucial point of stability in global oil markets.

Shares in US oil operations spiked significantly yesterday in response to the volatility in the market.
Most oil buyers won’t abandon their existing suppliers… yet. But if conditions continue to deteriorate, lots of global oil junkies are going to start lining up on Texas’ dusty doorstep.
https://thehustle.co/daily
( 2nd article on page, but above is entire thing)

who do we know in Texas oil who also is connected to trump and/or the Russians?
11 replies = new reply since forum marked as read
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Here's something interesting about the tanker blow ups (Original Post) dixiegrrrrl Jun 2019 OP
Rex Tillerson? sop Jun 2019 #1
Let's start with the Bass Family, Wellstone ruled Jun 2019 #2
Bush Crime Family. n/t MarcA Jun 2019 #3
Cheney came to mind almost immediately. n/t dixiegrrrrl Jun 2019 #4
Never did hear if Heatless Dick Wellstone ruled Jun 2019 #5
we also know, now, the importance of Venezuela's disintegration. dixiegrrrrl Jun 2019 #9
Yes it has. Wellstone ruled Jun 2019 #11
Hmm... "Don't mess with Texas" always did sound a little intimidation-y ck4829 Jun 2019 #6
"Don' Mess With Texas" began as part of a keep the state clean campaign. LastLiberal in PalmSprings Jun 2019 #10
Why, that's just crazy talk. eggplant Jun 2019 #7
With Trump, follow the money! BlueJac Jun 2019 #8
 

Wellstone ruled

(34,661 posts)
2. Let's start with the Bass Family,
Sat Jun 15, 2019, 04:23 PM
Jun 2019

throw in Carl Ichan,oh well,how about the Koch Family. Then you have the Halliburton Crew. Gee,where does the list stop.

 

Wellstone ruled

(34,661 posts)
5. Never did hear if Heatless Dick
Sat Jun 15, 2019, 05:34 PM
Jun 2019

kept his 900k option in Halliburton. Seems to me it has more than a Billion Dollar payday if he cashed.

Never forget MBS might be one of those Puppet Masters. Someone has made billions on the Oil Futures Market just buy juicing the Media.

dixiegrrrrl

(60,010 posts)
9. we also know, now, the importance of Venezuela's disintegration.
Sat Jun 15, 2019, 07:14 PM
Jun 2019


Amazing how those 2 tings have helped out Texas oil.
 

Wellstone ruled

(34,661 posts)
11. Yes it has.
Sat Jun 15, 2019, 08:25 PM
Jun 2019

Venezuelan Crude went to East Coast Refineries because of it's high sulfur and Bitimus nature. Much like the Crap in eastern Utah. Believe it is called Feed Stock,which is necessary to keep the Cracking Towers going.

Really has the Koch Stench to it as well as the Saudi's who just bought a large Crap Refinery just for their own Crude. Someone wants Putin and the Saudi Royal families mega dollars to replenish their reserves. Russia is supposed to be in a major hurt for money. They floated tens of Billions in dollar denominated Bonds last fall to make Pension Payments .

eggplant

(3,911 posts)
7. Why, that's just crazy talk.
Sat Jun 15, 2019, 06:49 PM
Jun 2019

Who could imagine blowing up oil tankers just to make a profit? (checks notes) Oh, right. Other oil companies, the military industrial complex, the committee to reelect, ...

Nevermind.

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