Saudi Police Open Fire At Protest Rally

Tyler Durden's picture

AP reports that the Saudi police open fire at protesters in Qatif after government warns demonstrators it will not tolerate protests. In other words, the shootings will continue until morale is restored. Look for crude to go antigravitational here.

And whoosh:

From AP:

Saudi police have opened fire at a rally in the kingdom's east in an apparent escalation of efforts to stop planned protests.

Government
officials have warned they will take strong action if activists take to
the streets after increasing calls for large protests around the
oil-rich kingdom to press for democratic reforms.

A
witness in the eastern city of Qatif says gunfire and stun grenades
were fired at several hundred protesters marching in the city streets
Thursday. The witness, speaking on condition of anonymity because he
feared government reprisal, said police in the area opened fire. The
witness saw at least one protester injured.

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Larry Darrell's picture

TPB need to quash this so they can perform their stick save at 1300

Max Hunter's picture

I think this headline deserves the Donkey Kong

Michael's picture

Oh, its on like Donkey Kong now.

Rebels to sabotage the oil fields next to weaken the power of the House of Saud.

kengland's picture

Bull sheet. Ron Insana told us all 4 weeks ago that Tunisia and Egypt were one offs and are irrelvant. Are you telling me that he was wrong? WTF? How can a former CNBC'er gone hedge fund loser be wrong?

EscapeKey's picture

Well, technically he was correct. Tunisia was a one-off in Tunisia, and Egypt in Egypt (thought this potentially is subject to change).

Drachma's picture

Anyone hear anything about the status of Zine el-Abidine Ben Ali or Mubarak? Didn't they both catch the coma flu recently?

Dr. Richard Head's picture

Nothing is beginning.  Go buy some stocks Y2G. 

Hillary Clinton says that our country needs to be supportive of other citizens of other countries to demonstrate freely.  That is why the US LOVES Saudi Arabia.

US and Saudi sitting in the tree,

Despotic tyranny

First comes the oil, then come the dollars, then come the protestors in the funeral carriage.

That Peak Oil Guy's picture

On the other hand, is it possible that the US is more worried about China and have decided that a little unrest in the MEA region may help with the China problem?  Asia gets almost all its imported oil from the region.  US internal and Canadian supply is locked in.  In a beggar-thy-neighbor world even if exports from the MEA region go to zero the US will still fare better than China.  Not well, but better.

TPOG

Flakmeister's picture

Follow the oil.....the US can weather a mid-east outage for a while with the SPR. 

Yardfarmer's picture

you could be uninformed. russia is now largest exporter of crude in the world. sino/russo agreement months ago to cease denomination in crude in dollars assures the chicoms plentiful and inflation adjusted access to russian crude for the indeterminate future. chicom investment across Africa will continue unabated. on the other hand,china just posted a surprising multi billion dollar trade deficit. only a drop in the bucket compared to unprecedented US $223 billion added to the debt pile in February. US better? think not. it wouldn't hurt to position and prep yourself for a catastrophic outcome.

Flakmeister's picture

 There are 2 key oil flows to follow and monitor:

  1) As you point put, Sino-Russo. Do the Russians pump east or west?

  2) Venezuela:  China or America?

Short term given the infrastructure and flows, the US has a small advantage. How it plays out, who knows. US oil supply is more secure, and if push came to shove, the US could shave 1.2 mm bpd at some pain. There is little or no growth in Chinese suppy short term, and little to fall back on.

Call it an educated guess, I think Russia looks west for cultural reasons and also to keep China in check.

Venezuela is a wild card, Chavez has already promised and is supplying China with a good chunk of their net exports. I think the US and China will agree to ~50/50 split...

ZackAttack's picture

I declare this rhyme as today's Winner of the Internet.

Well played.

Joeman34's picture

Yup, pop some popcorn and crack a beer, the real show is starting.

 

If you're not long oil by now, you should be...

OliverTwist's picture

Good evening to everybody,

Just one consideration, which came to my mind while I was reading some of the posts. I dont think that all this is a "show" and one should not see it with popcorn and beer in one's hand. In reality there are people fighting and dying.

I mean it is ok to earn some money with oil futures, but I would prefer to earn some money without all this sad things happening in the world.

Good trading and don't forget about the real values in life.

As I sad it is only a consideration, nothing personal to anybody.

OliverTwist's picture

Good evening to everybody,

Just one consideration, which came to my mind while I was reading some of the posts. I dont think that all this is a "show" and one should not see it with popcorn and beer in one's hand. In reality there are people fighting and dying.

I mean it is ok to earn some money with oil futures, but I would prefer to earn some money without all this sad things happening in the world.

Good trading and don't forget about the real values in life.

As I sad it is only a consideration, nothing personal to anybody.

Joeman34's picture

It's just an expression... 

And I, for one, don't think the events in the ME/NA are at all sad.  I feel they are very exciting - citizens are fighting for freedom and an equal share of resources and profits derived from those resources.  Yes, it's sad that people will die in the fight, but freedom does not come cheap.  We here in America can learn a few things from our ME/NA brothers and sisters...

centerline's picture

note to self:  time to start buying the next priority level items on the survival must-have list.

covert's picture

so, how many martyrs can we make out of this. this is our chance to turn THE WHOLE WORLD against the king in favor of liberty. who wants to waste this opportunity? document the names of all those who are killed and use the media to martyr them!

http://covert2.wordpress.com

 

Raymond K Hassel's picture

Season one of 'It's always Sunni in Saudi Arabia'

Judge Judy Scheinlok's picture

Alternatives.

Either waste $150 billion and buy Fagbook or fire a couple of live shots into a group of idealogs.

If I were King, I'd shoot and invest the savings into PM's ;)

Oh, who would ever wanna be king.....

bob_dabolina's picture

Tim Geithner sucks

EscapeKey's picture

Hmm, personally I reckon Obama's the bitch in that relationship.

max2205's picture

I need $1,000,000 to buy and ship rocks to Saudi...anybody want in?

Larry Darrell's picture

Cheap ass.  Raise a couple million more and send them guns.

alien-IQ's picture

No need to. Unlike other ME countries who have seen recent "unrest", it is estimated that 80-90% of the people of SA own a gun and of those, a full 50% are AK 47's...So...this could get really weird really fast.

http://fabiusmaximus.wordpress.com/2011/03/10/25646/

Larry Darrell's picture

If that's correct, I'll be extra happy I got laughed at when I loaded up on some extra seeds 2 weeks ago.

alien-IQ's picture

got me a keg of Guinness, a bottle of Glenlivet 16 and a carton of American Spirits...I'm good to go. Let the show commence.

theopco's picture

Ah yes, the hippie bomb shelter stash...

 

I keeeed....

I only kill chickens and wheat's picture

Good to see another American Spirits lover. Next best my homegrown NC Burly. Time to start up the garden, bacco seeds for planting.

Temporalist's picture

Who laughed at you?  People that don't eat?

Larry Darrell's picture

It was actually that "nervous" laughter.  They are my friends, and they were giving me shit about my tinfoil hat again.  But more and more often, their laughter is of the nervous variety because they know I'm no fool and my preparations have not been haphazard, but well planned and executed over time.

 

Will I be ready??  No, but I won't be unprepared either.

aerojet's picture

Goddamnit, I'm so tired of the whole AK-47 thing.  They're most like AKMs or some other variant, not the classy, milled, original actual Russian models. 

Max Hunter's picture

Who cares?.. The all take the same rounds.. And make holes in people...

I only kill chickens and wheat's picture

I've looked at partly usa made milled, AK's and the reviews still seem to be crappy. I'll stick with old Ruger mini or springfield m1a1 for now.

Yield2Greatness's picture

Send them pick-axes.  They can get rocks a plenty from tearing down the Kings palaces.

John Wilmot's picture

Sand, sand everywhere, and not a rock to throw...

Crumbles's picture

NO!  No no no ...

Send SHOES - Native Insult Missile - 10 - 12 thousand combat boots or so.

3 years ago - more's the pity Bush the Lesser was missed when his opportunity arose to be addressed in the proper Arabic manner.