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China-Japan-Koreas
China Losing $97 Million a Day Due to Attacks on Saudi Arabia Oil Facilities
2019-09-19
Hat tip to Rantburg's much missed Steve White.
[EpochTimes] Drone attacks on Soddy Arabia
...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face...
’s oil facilities are costing China another $97 million a day as the largest customer of Saudi Arabia, and the world’s biggest crude oil importer.

The Sept. 14 attack by ten armed drones on state-owned Aramco’s Khurais oilfield was launched from over 745 miles (1,200 kilometers) away by Iran's Houthi sock puppets
Posted by:trailing wife

#11  Are our refineries secure?

Not from Drone and missile strikes.

They are, however, dispersed which makes it very hard to take a large chunk of them down at once.
Posted by: DarthVader   2019-09-19 15:39  

#10  Who benefitted from the drone strikes on SA oil fields? It is reported the Houthis have claimed credit. However, anybody that is a major oil producer probably benefits from the price of oil going up due to shortages in SA. However, haven't the Saudis gone a long way to repairing the damages.
Posted by: JohnQC   2019-09-19 14:46  

#9  Re #2: Were the drones there to help target the missiles?
Posted by: Slats Grath5177   2019-09-19 14:13  

#8  I know our borders are not.
Posted by: Varmint Splat1454   2019-09-19 14:07  

#7  Are our refineries secure?
Posted by: Varmint Splat1454   2019-09-19 14:03  

#6  The headline makes me happy.
Posted by: ruprecht   2019-09-19 13:06  

#5  oil and petroleum product sales to China from the US are priced at whatever the seller and buy agree to

The sales have increased since 2016 per this chart from the US EIA

I was unable to find a good source for average price of the exported oil.
Posted by: lord garth   2019-09-19 09:46  

#4  ...add that to pork and soybeans the ChiComs exempt from tariffs.
Posted by: Procopius2k   2019-09-19 09:17  

#3  Question: When sales of US oil to China occur are they based on Brent or West Texas calculation?
Posted by: Chereting Pelosi1889   2019-09-19 08:07  

#2  "...The Sept. 14 attack by ten armed drones on state-owned Aramco’s Khurais oilfield was launched from over 745 miles (1,200 kilometers) away by Iran's Houthi sock puppets

almost certainly wrong in that, although drones were used, the damage came from cruise missiles; also, likely they came from Iran or near Iran

Posted by: lord garth   2019-09-19 07:47  

#1  MM are really good at making friends and influencing people.
Posted by: g(r)omgoru   2019-09-19 00:59  

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