Reminder: Saudi's 5 Million Bpd Gwahar Oil Field Is 60 Miles Away From Bahrain

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Mon, 03/14/2011 - 10:47 | 1050122 cossack55
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Yeah, Bahrain, sure.  Lets see these sandnazis go after Lichtenstein. Talk about Waterloo and Stalingrad. Whoa.

Mon, 03/14/2011 - 11:19 | 1050209 4shzl
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Eggzackly right.  Bahrain = non-country = non-issue.  Like Qatif, just a sandy trailerpark polluted by heretics.  The only thing worse than a non-believer is a heretic -- ask any Wahhabi.

Mon, 03/14/2011 - 11:36 | 1050296 BigJim
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60 miles is a long way when every inch is being defended by the US.

Mon, 03/14/2011 - 12:28 | 1050593 cossack55
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Thats exactly what "they" said about Bataan.

Tue, 03/15/2011 - 04:34 | 1054658 kita27
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Stratfor has a very interesting strategic view of the Saudi-Iranian challenge over Bahrain.



Mon, 03/14/2011 - 10:48 | 1050126 Rahm
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<grabs popcorn>

Mon, 03/14/2011 - 10:59 | 1050160 slow_roast
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Mon, 03/14/2011 - 12:14 | 1050508 Fish Gone Bad
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+1  Has this even hit the news?  Nope.

Mon, 03/14/2011 - 10:49 | 1050127 Jim in MN
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That, my dear ZHers, is the biggest milkshake in the world right there.

Mon, 03/14/2011 - 10:58 | 1050141 Cognitive Dissonance
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A mother will fight to protect her baby. Only this baby is covered in crude oil and produces an income stream that keeps the royal family in power.

Expect a lot of fight in this motherf**ker.

BTW now we know why Saudi Arabia paid to build the bridges from SA to Bahrain. Easy to drive the tanks into town for some celebrations and the great nightlife.

Mon, 03/14/2011 - 12:07 | 1050474 NotApplicable
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Then again, if this scenario happens...

All this serves as a reminder that should the violence in Bahrain not be contained, and if there is a "reverse invasion" out of Bahrain into Saudi Arabia, the Ghawar oil field, which supplies more oil than any country except Russia and the US, will likely be the first target of retaliating Bahrainis.


 One starts to wonder which side will be enticed to blow-up the King Fahd Causeway first?

Mon, 03/14/2011 - 10:51 | 1050142 AbandonShip
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Wonder if something will actually happen. 

On a related note:  Can anymore SHTF today?

Mon, 03/14/2011 - 11:03 | 1050164 umop episdn
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More S hitting T F : a second reactor blew up in Japan. Al Jaz has video.

Mon, 03/14/2011 - 11:06 | 1050178 Arch Duke Ferdinand
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""Can anymore SHTF today?""

...Iran will react to protect its fellow Shiites in Bahrain.

Watch for a Holy War between Iran and Saudi Arabia.

It's over Oil of course, neverthe less,  Israel and all it's Zionists are at full blame.

...Keeps coming back to the safety of Canada's four western provinces...pletlhora of food, water, natural resources w/ only 12.5 million citizens...led by gateway city Vancouver BC...

Mon, 03/14/2011 - 11:15 | 1050194 4shzl
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Let the North American anchluss begin.

Mon, 03/14/2011 - 11:19 | 1050205 Ahmeexnal
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Gateway city Vancouver is about to experience a nuclear winter.

A gigantic real estate bubble is about to burst in Canada as everyone and their mom tries desperately to sell their properties and bail out of the path of the nuclear cloud.



Mon, 03/14/2011 - 11:34 | 1050276 geminiRX
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Yes, van real estate will pop, but nuclear fallout of any serious consequence.....please get educated about the matter and stop propagating fear.

Mon, 03/14/2011 - 12:07 | 1050482 JNM
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+1000 troll points. Have you ever looked at a map?

4.5M people live in British Columbia. 13.3% of Canadians. 600K of them, live on the island. The rest are in towns where the borders of these towns are surrounded by mountains. 

Now...even if these 4.5M people, all wanted to sell in one part of Canada, they are all probably buyers somewhere else.

If you've ever met a British Columbian, you'd know, most of then think every other place on the planet SUCKS. (probably some truth there) They are hippies, who love camping, the forest and mountains.  They are willing to pay for it, cause they would rather eat bird seed than pizza.

Nobody who doesn't live in BC, can possibly predict, BC real-estate trends.

Average price of existing homes in Canada, $342K CAD or $352K USD.  A 20% crash, wouldn't be more than a year of after tax income, for the average family.  At that point, homes would be below replacement value.

I'd like to point out, just about every other corner of the globe is practically on fire...except, Canada.

I live near a border town in Canada. Lots of American friends, lots of Canadian friends.  Not a single Canadian I know, wants to leave.  About 5 out of 6 of every Americans I know, are trying to figure out how to move here.  I do consider my peers, smarter than the population, FWIW.

Mon, 03/14/2011 - 16:20 | 1051780 jmc8888
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You bring up some good points, but any place near the Cascadia subduction zone being labelled safe is like saying those Japanese plants blowing up were built in a safe zone. 

Of course inland is a different scenario, but advocating Vancouver/Seattle as safe is like saying Tokyo is safe to a fairly high degree.

Many similarities to Tokyo and Vancouver/Seattle. Many differences as well, but the 'subduction' zone similarity is the key.


Mon, 03/14/2011 - 18:18 | 1052340 Flakmeister
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I have lived in 3 countries, 6 time zones, East Coast, West Coast, Plains, Mountains, etc...

I would move back to Victoria, BC in a heartbeat. Vancouver, not so much so.

Mon, 03/14/2011 - 11:28 | 1050257 Alienated Serf
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You work in Vancouver realty or something?  Your city is terribly prepared for the imminent earthquake.  Enjoy being a human pancake.

Mon, 03/14/2011 - 11:08 | 1050179 Cognitive Dissonance
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I didn't save 15% by switching to GEICO.

Mon, 03/14/2011 - 11:23 | 1050201 AbandonShip
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Yes CD, I also saved a ton by switching away from GIECO (went to Century21/Farmers, saved nearly 50%).  Screw Buffett.

Mon, 03/14/2011 - 15:35 | 1051576 Freddie
Freddie's picture

Warren Buffett is a piece of sh*t and a fraud.

Mon, 03/14/2011 - 11:11 | 1050188 DaveyJones
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don't jinx it. On that note, a paralegal in our office said all her animals are acting very strange over the last 24 hours 

Mon, 03/14/2011 - 11:15 | 1050197 Cognitive Dissonance
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What state do you work in so I know where to stay away from? :>)

Another comment from Saturday referenced the west coast of US for strange animal behaviour. Seattle or there abouts if I remember correctly.

Mon, 03/14/2011 - 11:41 | 1050322 Flakmeister
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  There have been 2 doozies involving the Pacific plate in the past year... Doesn't take a rocket scientist to look at Cascadia and take into account the last big one there was 300 years ago....

Mon, 03/14/2011 - 12:20 | 1050553 cossack55
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If that paralegal was a "real" attorney, I would guess all her animals are walking bow-legged.

Mon, 03/14/2011 - 11:26 | 1050241 Zeilschip
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Oh you mean like that Iranian warship firing a missile at Tel Aviv?

Mon, 03/14/2011 - 11:27 | 1050250 tonyw
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fuel rods in number 2 reactor are again "fully exposed"after water levels have fallen.

three soldiers killed in Yemen.

Mon, 03/14/2011 - 12:22 | 1050561 cossack55
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Damn powerful rods. Yemen is what....4000 miles away. Wow.

Mon, 03/14/2011 - 10:56 | 1050154 iinthesky
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Are any of the useless talking head networks reporting on this? Maybe they're tapping the silver slippers together hoping it aint true. Or maybe they're just toe tapping in the men's room.

Mon, 03/14/2011 - 11:25 | 1050237 Josh Randall
Josh Randall's picture

Exactly - look at that wide stance between Saudi Arabia and Bahrain

Mon, 03/14/2011 - 10:57 | 1050156 Burgess Shale
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Yeah, they should'a released the BOA stuff a week ago--now it's lost in the bigger newsstream.

Mon, 03/14/2011 - 13:51 | 1051036 andybev01
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This is the perfect time for the CIA to confess to off-ing JFK, The Ramsey's to tell all about  Jonbonnet, someone to point out where Hoffa is buried (or whatever...).

Never let a good crisis go to waste.

Mon, 03/14/2011 - 10:57 | 1050157 Flakmeister
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Let it be said that Tyler never misses any potential good news on a situation...

Mon, 03/14/2011 - 10:59 | 1050159 slow_roast
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Good for the Bahranis not to back down.  If they set the oilfields alight it will cause a mass uprising in Saudi Arabia as the Saudi citizens realize their welfare checks won't be coming

Mon, 03/14/2011 - 11:00 | 1050161 Cursive
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Things that have been toyaly discredited:

Efficient Markets Hypothesis

American "free enterprise / free markets"

Crony capitalism

Supply side economics

Francis Fukuyama's "The End of History"

Mon, 03/14/2011 - 11:04 | 1050170 Jim in MN
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History, Bitchez!

Mon, 03/14/2011 - 11:21 | 1050212 Cursive
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Enjoyed your posts this weekend. We are getting a lifetime of history right now. I'm not a Mayan prophecy guy, but the next couple to 5 years look grim.

Mon, 03/14/2011 - 11:06 | 1050177 Jeremy Roenick
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Better load up on oil on this dip!  Black gold could be as good as PM's soon.

Mon, 03/14/2011 - 11:13 | 1050190 Dr. Porkchop
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They're desperately trying to keep silver contained at $36 and under.

Mon, 03/14/2011 - 12:06 | 1050472 Tail Dogging The Wag
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Under $36 is their target...

... and they'll do ANYTHING. After so many years I still cannot fathom how the CIA got away with assasinating King Faisal in 1975 under Gerald Ford's watch. Can you imagine King Faisal refusing greenbacks and only taking silver and gold for Saudi oil? The proxy was King Faisal's nephew: Faisal bin Musaid (son of the king's half-brother, Musaid).

When the tribes of the New World refused small mirrors, combs, and bibles in exchange for their silver and gold, the Conquistadors opened fired on them. When the Chinese refused opium in exchange for tea, china, silk, the Brits opened fired on them. When the world refuses US dollars (and all paper money for that matter, including Yen), what's left but the big guns?

Mon, 03/14/2011 - 11:14 | 1050191 Flakmeister
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Black gold is PM's... A rose is still a rose, as the old saw goes.

Mon, 03/14/2011 - 11:11 | 1050189 Pullmyfinger
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 "Reminder: Saudi's 5 Million Bpd Gwahar Oil Field Is 60 Miles Away From Bahrain"... and defended by the Fifth Fleet. So remind me again: What's your point?

Mon, 03/14/2011 - 12:25 | 1050578 cossack55
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The 5th fleet has dug how many foxholes? Thats what I thought.

Mon, 03/14/2011 - 14:28 | 1051240 StychoKiller
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Most naval ships stay in the big blue wet thing, sand is not blue or wet!

Mon, 03/14/2011 - 11:14 | 1050195 luk427
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When is Andrew Maguire releasing his bombshell. As mentioned on Max Keiser show.     

Mon, 03/14/2011 - 11:26 | 1050238 JW n FL
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