Saudi Attack Shows Why Renewables are Essential and Inevitable

September 15, 2019

As long as we remain committed to fossil fuels, that are by nature scarce and under the control of venal corporations and corrupt governments, we will be vulnerable to price manipulation, terror, and war.

Washington Post:

ISTANBUL — Iran on Sunday rejected U.S. accusations it was responsible for devastating attacks on two oil installations in Saudi Arabia that struck at the heart of the kingdom’s oil industry and forced Aramco, the state oil company, to suspend its production output by half.

A rebel group in Yemen, known as the Houthis, had claimed responsibility for Saturday’s attacks, saying that it had sent a fleet of attack drones toward the two oil facilities in eastern Saudi Arabia. Hours later, though, Secretary of State Mike Pompeo, in a Twitter message, directly blamed Iran for what he said was “an unprecedented attack on the world’s energy supply” and said there was “no evidence the attacks came from Yemen” — leading to speculation they had been launched directly from Iran, or on Tehran’s behalf, by allies in Iraq.

Abbas Mousavi, an Iranian Foreign Ministry spokesman, called the allegations “pointless” while Mohammad Javad Zarif, the foreign minister, chastised Pompeo in a Twitter message on Sunday. “Having failed at ‘max pressure’, @SecPompeo’s turning to ‘max deceit’” — a reference to the Trump administration’s imposition of sanctions and other pressure tactics aimed at ending what the United States calls Iran’s malign regional policies.

Post again:

Iraq’s prime minister, Adel Abdul Mahdi, also denied speculation that the attack had been launched from his country and said in a statement his government would “deal firmly” with anyone trying to attack neighboring countries from Iraq.
The predawn blasts at the facilities of Saudi oil giant Aramco are the most serious attack on the kingdom’s oil infrastructure in decades — including the barrages of Scud missiles fired by Saddam Hussein’s forces during the 1991 Gulf War. A NASA satellite image showed what appeared to be a long streak of black smoke flowing to the southwest from the Aramco site.
An Aramco statement said production of 5.7 million barrels of crude was suspended by the attack from “projectiles.” That represents more than half of the kingdom’s output and about 6 percent of global oil supply — a shortfall that could send oil prices sharply higher.

11 Responses to “Saudi Attack Shows Why Renewables are Essential and Inevitable”

  1. dumboldguy Says:

    The western oil companies must be celebrating this event. They can jack their prices and increase their profits “just because” (and would it be too “deep dark webby” to suggest that THEY, and not Iran, are behind the attack just for that reason?)

    The “fleet” of 10 drones that carried out the attack could have delivered 400 pounds of explosive devices (40 pounds each). You can buy a heavy-lift drone (used, like new) from Amazon for around $4K. It’s actually surprising that drones haven’t been used for terrorist attacks—-pretty cheap, highly precise and controllable, and don’t require anyone to commit suicide. If the RWNJ’s in the USA weren’t so low-IQ, they’d be scrapping their AR’s and AK’s, carrying out anonymous drone bombings, and watching it on TV afterwards rather than being dead or in jail.

    And before RWGhoulie beats me to it, more “positive” folks could use these drones to drop bucketloads of dog poo, fish guts, or other noxious materials on various Trump properties—-like the greens on his favorite gold courses in NJ and VA?

  2. rabiddoomsayer Says:

    You wan’t another conspiracy theory. It was the Saudis; they wanted to hide the fall in oil production. Can’t have those bankers realise that they are using our money to buy a dry well.

  3. Sir Charles Says:

    Frackers are rubbing their hands. There are 1.7 million active oil and gas wells in the US. That’s one well per 200 capita! But wells aren’t paying off at current prices.

  4. doldrom Says:

    Another event about which we will probably never obtain clarity and never be presented with any publically accessible evidence.

  5. Sir Charles Says:

    Here we are: Oil prices soared as much as 20 per cent to above $71.00 a barrel as markets reopened after a major attack on Saudi Arabia’s oil infrastructure cut more than half the country’s production this weekend.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: