This page has been archived and commenting is disabled.
Saudi Oil Pipelines Destroyed In Explosion, Sends Crude Soaring
Among the many factors responsible for the jump in WTI to just shy of $109 over the past hour, and Brent to new records in various currencies, is the following news reported so far only by Iranian PressTV: "An explosion has hit oil pipelines in the flashpoint Saudi Arabian city of Awamiyah in the kingdom’s oil-rich Eastern Province."
And some more from Arabian Digest:
Saudi Arabia's Eastern Revolution hits the oil sector: pipeline under fire
(photo of the pipeline under fire)
For the first time in decades, the Eastern Saudi Arabian volatile situation has reached the vital oil sector. A pipeline between Awamiya and Safwa has been reportedly targeted, and is under fire. Saudi Arabia's Shiite minority, mostly residing in the oil rich east, has been protesting for years against State sponsored discrimination. They are treated as second class citizens, denied public sector jobs, and vital development for their oil rich areas. Saudi Arabia's powerful Wahhabi religious establishment considers Shiites heretics, and constantly incites against them.
Security forces have killed two protesters in Awamiya, Eastern Saudi Arabia. They are launching a series of arrests and raids on houses, schools and mosques.
This is Awamiya this evening, protesters have blocked the Police road after arrests in the town.
And now back to your regularly scheduled deflation.
»
- 26693 reads
- Printer-friendly version
- Send to friend
- advertisements -
Regularly scheduled deflation and stock market ramp
not a word on cnbs while i work about this.......i guess they'll have the story tomorrow 24 hours later if at all.....
$110.25 . . . while CNBC prattles on about retail projections on clothing
I GUARENTEE that this is the work of those Iranian inbreeds. For Christ sake, when is somebody going to stand up to these terrorists!? What happened to the America that went after Sadam Hussein for 9/11? What happened to our strong, no-nonsense approach to trouble makers? America has lost its way folks.
You are retarded. Name one terriorist from Iran that flew a plane into the WTC.
firstdivision
Cheech Marin?
One thing is sure guys, oil at 110 is super bullish for the US economy!
House of Saud shouldn't have stepped on that Shiite.
Shit's gettin' real, yo.
Now that was funny - I don't care who you are
Why? The point is that following 9/11 we took swft action against Sadam Hussein and won the hearts of the Iraqi people. Since then, there hasn't been a single significant terrorist attack. I call that a success.
It's cute when we are waiting for a collapse and talking about lying bankers and manipulated markets man- but people died in all of those and that's not cool.
Just stop.
Many more people will be hurt when the dollar collapses. It's not a game.
TheSilverJournal.com
mdb, yahoo message boards called, they want you back
Slooow Clap
Won the hearts? Only by cutting them out of the people alive. Of course – that's why any foreigner there needs body guards all the time.
Wow, there's not a molecule of truth in your entire statement.
1. Saddam Husssein had nothing to do with 9/11. (Nor did the supposed hijackers, except as patsies) That was never the excuse for invading Iraq. Remember? We had to invade to stop Saddam from developing WMDs (of which none were ever found). Have you been smoking reefer again? Maybe it's PCP, reefer can't cause this level of brain damage.
2. "Won the hearts of the Iraqi people". That's just ludicrous.
Buddy... don't you know when your chain is being pulled?
Sadly, no.
Thank goodness for MDB. ZH used to be sarcastic and witty and this is all that is left. I look forward to your posts. +1
get L0ST
MillionDollarBonus is rapidly turning into TwoDollarAnus.
Somebody overpaid for some Anus.
Not only that, but they left with anal herpes --- the gift that keeps on giving.
your last john?
Taking a break from hating on the inferior races and silver owners today, Bob? Slow day at the Center for Non-Caucasian Euthanasia? Is the Stormfront website down for maintenance again? No silver-related ZH articles in which to spread your spittle-flecked hatred of silver and its advocates? One might almost pity you.
At long last, finally, the sarcasm is starting to be visible.
Unfortunately it isn't funny or informative.
Agreed. MDB's uber-sarcasm was funny for a while. But it's grown stale. One wonders if he actually has anything constructive to contribute.
I stopped wondering a long time ago, having concluded that he indeed has nothing constructive to contribute.
No, MDB, America is finding its way back after more than 12 years of war wasting trillions killing brown people while those dependent on food stamps are at an all time high. Besides, as a zionist stooge, why do you care if shiites and sunnis kill each other? In your world view, isn't a dead arab a good arab?
It's not that america has lost its ways,... it's just that the world has been, "Twitterized", and has finally cancelled their subscription's to the "MSM Liar's Club"!
>>>What happened to the America that went after Sadam Hussein for 9/11?
It succumbed to fascism.
First Class Trolling
problem is MDB clogs up the comment section with replies, don't get to hear any informative whispers on whats really going on... just noise.
It's as if god was playing Easter Bunny and buried treasure all over the world for us to find and dig up, then the devil went around after him, putting ethnic minorities on top of OUR resources. /sarc
Sarcasm does not typically translate well over text, but this is positively dripping with it. Brilliant!
There is a breaking news box about crude over 110 but nothing about why.
Market has turned down for first time today.
And one better, CNBC said "Maybe it's time to take some profits..." on your oil...
I dont think so. I think I would hold
You will see it at the gas pump faster than the news programs.
I wouldnt be surprised to see gas spike $.50 / gallon in the next few hours.
I just filled both cars and 5 gas cans. No use waiting I figure.
there is a reason that PressTV got banned from broadcasting television in the UK.... too much truth. RT is probably next. Other than this site, those two other sites about the only place to get "news" these days with any degree of confidence that the news isn't entirely made up.
CNBC doesn't "report" (and I use that word loosely) anything until the Associated Press puts it out.
Actually, I seriously question if "news" (and again, I use that word loosely) organizations actually even still employ people who investigate anything anymore ... it's nothing but info babes reading telepromters full of whatever the Associated Press tells them is newsworthy.
Quite the sad state of afairs. Thank God for the internet.
the info babes are finally reporting the "fire" ... a full 30 minutes after the Tylers got there story up ...
They where told not to say anything about this. Because it would have shot the price of oil up even higher if they talked about it.
And the shit made in China is falling apart twice as fast.
"Shit"
"made in China"
Brought to you by the Department of Redundancy Department.
ha ha, including me, which will go first?
Saudi stating in main stram media that it would pick up production caused by any Iranian disruptions, needs a reason - other then PEAK OIL, as to why it cant meet demand. So it false flags itself and now has the excuse!
Maybe...
Aside from butchering the wording on that little rant I assure you that isn't the reason.
Perhaps the little book-burning taunt is getting a little blowback? Don't know, but seeing you were looking for something plausible...
Nah. SA's oil fields lie in predominately Shite areas. Easy for Iran to infiltrate this area. This was a message to the Sunnis and the West.
The tide is turning, and so fast!
Could be... But either way it doesn't matter. If Iran didn't sponsor this attack it still shows how easy it would be to spike Saudi oil production. What's harder to defend than an oil pipeline? They're hundreds of miles long and a single RPG puts the whole pipeline out of service.
If the US attacks Iran, the world economy, which has been circling the drain, is going to get sucked down the drain with a loud slurping noise.
That picture of a pipeline on fires is crap! Oil burns and emmits BLACK smoke not brown. Anyone remember Gulf War I, Kuwaiti oil field fires...
Sure does. I was smack in the middle of that shit.
Pitch black in a desert at 1400 in the afternoon has to be seen to be believed.
Crude oil at the wellhead has tons of crap in it, especially water and salt.
Crude oil in a pipeline will have gone through a gas/oil separator plant and is already somewhat more refined - it's still crude, but it's just oil, not a frothy mix of oil, gas, water, and salt.
I'm not an expert but I could believe that the two liquids would burn differently with different smoke.
This explosion is a joke! Look at the pictures, jeez! This news was only created to take crude up to 110 and to push out all the stops there. Pathetic. We're going down from here.
Oil is now down from 110 of 46 min ago to 109. I just made a 1000 USD per contract only thanks to Armada Markets alert service. It really pays to listen to guys who actually know their shit. Off to cold beer now!
Sabotage BITCHEZ!
LMAO....this fucking Web site is a riot. Thanks, TD. And, yes, back to your regularly scheduled deflation. LOL.
Listen all y'all its a SABOTAGE!
WAAAAAHHHHHHH!
http://www.youtube.com/watch?v=z5rRZdiu1UE
Good times.
Those security forces are working real well, aren't they?
Were there any sightings of white vans and dancing men next to them after the explosion?
I just read an article about that whose link was posted in another thread. The 'investigation' and its aftermath will be interesting.
The unraveling accelerates................
So the House of Saud is out. At least we still have control in Qatar! That's right Cutter is all ours so... um... don't fret.
Used to Gutter in Gulf war I.
Iran is playing with headline reading algos. Well played!
Haha, it's a trap!
Almost fell for this one. Not buying yet.
OK, anyone know how often this kind of things happens to the Sauds because I cannot remember the last time this occurred?
LOL. Proxy war bitchez. Sunni Arab nations and the West turn up the heat on Iran in Syria. This is a limited Iranian response. What were you saying about the Straits of Hormuz?
Once this news hits the MSM, we'll blast past $110 in a fuckin nanosecond.
It's those damn speculators fault.
-Obama
and here we go... 109.925 and climbing
110.30
25 seconds later....110.55...
Not to worry, the Saudis will make up for any global shortfall in production related to this... oh, wait a second...
I'll have to check BAC price as well.
I can't get any info on the pipeline affected...
according to wiki 2 million boe/day passes through the town
Well done... the fact that it is on the way to Ras Tanura is the real news...
This is bullish. After all, we're just a sand wedge/chip shot away from Nasdaq 3000 and DOW 13000.
Long MNST, NFLX, GRPN hurr durr...what a fucking joke.
any chance this is why nobama had his little "we will do anything/everything to keep the price of oil down" speech earlier today.
wonder what time this actually happened, perhaps several hours and dollars ago in the price of crude and we get to find out now about this?
That's just jawboning fear of an SPR release.
Truth is they are terrified of doing an SPR release, because any amount they could release is small. If they were to do it, and see no effect, that bullet is denied them forevermore in the future.
Two men shouting: "Long live the Ayatollah," were seen leaving the scene.
Check ouf @#$@ing stocks of motor gasoline.. and 3 refinery's closing.. we'll have gas lines by the summer.
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WGFSTUS1&f=W
You are only looking at one component
Try this for a sample of the various inputs...
http://www.eia.gov/dnav/pet/pet_stoc_typ_d_nus_SAE_mbbl_m.htm
The relevevant total can be found here
http://www.eia.gov/oog/info/twip/twip.asp#
229 million barrels or so....
Things get dicey when it gets to 180 or so nationally, but each PADD district has its quirks...
Parenthetical Flakdood, scope Drumbeat comments of a few days ago.
Did you know that the All Liquids bullshit for "US Oil Production" includes a full 1 mbpd of refinery gain AND . . . they include the gain from refining imports, even if they ship the gasoline back overseas.
In comes 1 barrel of crude to a refinery. Out comes 1.2 or whatever barrels of gasoline (because it's lighter, the volume expands), and THEY COUNT THAT AS US OIL PRODUCTION, even if the oil came from fucking Venezuela.
There is such monumental lying going on in so many different areas that it is mind boggling.
Yeah... I've known about that sleight of hand for a while..
Buddy above did not get the whole picture about the gasoline chain...
orly? no shit huh? What's next, you're going to tell me that EIAs projections of 217mbpd in 2035 are bullshit too?
YOU JUST WORSHIP BALE
It's "Baal", you fucking silver-hating racist idiot.
Don't worry, Ben Shalom can control inflation in a microsecond.
Can't paper over a fire, can you?
http://www.islandbreath.org/2009Year/2009-09/090926bailout.jpg
That's not WTC7, is it? It would explain why the building 'fell'.
Chairsatan cannot print oil. Or gold, thank god.
Cue some monkey on CNBC to tell everyone how this is Bullish for AAPL stock.
<algo_scraper>Iran claims responsibility.</algo_scraper>
Read this algo ===>Iran claims responsibility.<===
Right, everything falling apart yet for us it is all coming together.
SPR, bitchez
thank the Good Lord i have my garbage fueled delorean.......
Do you get 1.5 Gigawatts per gallon?
check the trunk for the 2kilo rebate:-)
There was never any possible way to avoid this explosion. It was caused by Peak Oil.
Too bad the world is not similarly facing Peak Fundamentalism anytime soon.
Sure is peak stupid with you two morons on the case
Don't you have a cross to burn somewhere, Bob?
If only we had spent more on technology to prevent ethnic and religious minorities from interfering with our resources. Solutions to these kinds of problems are just around the corner.
And boom goes the WTI
Cue blame on it´s way to Teheran in 3, 2, 1...
Long WTI in October 2011 @ $75... Fuck,n brilliant news. Now lets have a fight in Iran.
I know it isn't a perfect match, but I got my Clash on:
Rock The Casbah
http://www.youtube.com/watch?v=U4HPdWYwgyw
Summabee won't stream in Germany.
So ein Scheiss.
What can I say. Some kinda copyright thing.
Gasoline/diesel @ $5 let alone $10 a gallon won't matter as peple wait in line to buy iPad HDs and LULU outfits.
Yelp is going to be an easy triple on IPO Friday.
James Altucher was way too conservative with his end of year Dow 20,000 call.
<I was missing Robotard>
Iran, Israel - keep'em separated.
https://www.youtube.com/watch?v=Vs0OSasQYgA
Good thing we don't use any of that 'oil' stuff...
Burn baby, burn.
When does NATO jump in to help the oppressed Shiite minority?
Hmmm, now the US Army has a good enough fire to burn some more Korans. And if they really want to rub it in, how about a few hot dogs on a stick.
...is it September in March? ..well leaping lizards. http://www.youtube.com/watch?v=v-9XgUxlsto&feature=related
BREAKING From CBSMarketwatch:
3:16p
Oil keeps on going up after hours, at $109.81
http://www.marketwatch.com/story/newsviewer
I see someone parked their Chevy Volt too close to the pipeline. i guess the lessons learned from the Pinto was lost in the Saud as they were still driving spitters back then.
LMFAO
FANTASTIC........terrorism hitting the financial home of all arab terroism.......
Sometimes I think they sponsor just to keep up their "Middle East Cred". With the added benefits of knowing who to smack down if it blows back on them, or who to "give up" to the western world when negotiating time rolls around.
Pretty sure Haliburton owns Red Adair's company these days. Long Haliburton!
oily swan? nahhhhhhhhhhhhhhhhhhhh you coudlnt see this cumin u cant see shit u are shit hit the bricks pal cause u r going out!
Are they going to blame those evil speculators ?
nothing!
a pipeline is easily repaired in a few days
trust me!
but, oh! the sabre-rattling to go with this!
what a joke! i was just thinking: isn't it abt time for something about "iran"
L0L!!!
IMO we will be hearing of ever more "instability" of Arab oil supply anywhere Shiites can be used to stage incidents against oil infrastructure. Iran will assure that course as prelude to WW3.
I think you have it backwards. It is America that wants WW3 or preferably Cold War 2. Iran is doing what it can to prevent war, by showing the economic impacts of expensive, limited oil and by demonstrating their ability to affect production outside their own country.
since everyone's expecting war in Iran the black swan event would be civil war in Saudi Arabia
Who could have forseen that KSA would have trouble hitting production targets? Who could have foreseen that problems in KSA would be sufficient to smash things? Were supply "awash" as is so often claimed, we would not care about a measly 2 milloin bpd, would we?
The plot thickens...
I promise I love zh more than apple pie but I disagree with this article's title. Priced in silver, crude is down today. What is causing the huge spike in silver? No explosions at silver mines....one word baby: PRINTING!!!
Oil feeds you.
Silver does not.
Sabre-rattling is bullish for silver; just think how many tons will be vaporized as missle components if a major war breaks out. Since drones can be hacked, it's all about long range missles now. That and fast-attack boats.
LIBERATE ZE OILZ!
Iranians just testing the fireworks for their New Year,, 20th March,, Heads up Saudi Twats,, 150 by June, so more cheap hookers for this bunch of comatosed bitchez
http://www.farsinet.com/noruz/hajifiruz2.htmlThis is where Shiite dominated Iran goes to help the Shiite people in Saudi Arabia which is our ally. This is how the war will start
Million Dollar - This is hands down your best ever post laughed so hard I spat my drink out!! Genius!
I GUARENTEE that this is the work of those Iranian inbreeds. For Christ sake, when is somebody going to stand up to these terrorists!? What happened to the America that went after Sadam Hussein for 9/11? What happened to our strong, no-nonsense approach to trouble makers? America has lost its way folks
And there are others who are sarcasmically challenged.
It was the hectaboogle from soBnoZ that blew it up. They're coming with fake euro's, greenies, gold, silver and doinminum to turn on the stabeeleetee engines they hid here in the oceans near great beaches with primo surfing and excelent bars.
Just think, if the US wasn't hellbent on Global Gobble we wouldn't be having these fucking problems. It's a few thousand rich fucks against the rest of the world you stupid assholes.....you aren't going to fucking win.
Mens Vibram FiveFingers and Womens Vibram Shoes was designed to reinvent the pleasure of 'barefooting.' It allows us to go back to the beginning, the way we were supposed to live. The moment we start using the Cheap Vibram Five Fingers to move bare feet, we experience a sudden resurge of a lot of abilities that we had lost due to years of forcing our body into unnatural movement. Gradually, we start to get back our original way of walking, the pain that we used to feel in our calf muscles or around our waist suddenly vanish, and most importantly we start feeling free and happy.
The Vibram FiveFingers Shoes from Vibram was originally designed to increase the potential and performance of runners, athletes, and other people involved in adventure sports. With admit importance of barefoot running, Five Fingers Shoes have promoted the culture of barefoot running, and now many athletes world over find the Five Fingers Vibram their best choice. The increased grip, steadiness and quickness offered by barefoot moving with five finger shoes is useful for many, who have to make quick reflex-based movements or tackle rough terrain, muddy waters, slippery sands, and the like. The Vibram Five Fingers have already become popular among people involved in climbing, fitness training, martial arts, light trekking, yoga, canyoneering, running, pilates, sailing, boating, kayaking, surfing, flats fishing, travel, and Canoeing.Vibram Five Fingers Sale from Five Fingers UK nline with big discount and fast delivery,better choice for you
All affordable Mulberry Bags make a survey of their very own; you'll come upon hand bags that fit each and every single kind of style personality and elegance. Take it for a rocking night out, every time you might be off to function or perhaps should you are out basically to satisfy track of buddies. With Mulberry Alexa bags that are generally in fashion you may by no means really feel outdated when it comes to manner and luxurious.
You are able to select out of your several colors of Mulberry Handbags that are trendy, the materials used are trustworthy and in addition excellent top quality in Mulberry Sale online store . This can make specific your Mulberry Bag lasts through differing several weeks. Group it along with any kind of clothing and they are positive to create the way record using their vogue, color and main top quality finish.Buy Mulberry Outlet from Mulberry Factory Shop will you save a lot of time and money because of the full collections available and big discount,and the same time trustful!
Mulberry Alexa Bags
Mulberry Bayswater Bags
Mulberry Briefcase Bags
Mulberry Clutch Bags
Mulberry Cross Body Bags
Mulberry Handbags
Mulberry Bayswater Holdalls Bag Black
Mulberry A Daria Clutch Bag Purse Black
Mulberry Alexa Holdalls Plum Bags
Mulberry Calf Leather Clutch Bag Purple
Mulberry Alexa Holdalls Oak BagMulberry Hobo Bags
Mulberry Messenger Bags
Mulberry Shoulder Bags
http://www.alexabags2012.net
Mens Vibram FiveFingers and Womens Vibram Shoes was designed to reinvent the pleasure of 'barefooting.' It allows us to go back to the beginning, the way we were supposed to live. The moment we start using the Cheap Vibram Five Fingers to move bare feet, we experience a sudden resurge of a lot of abilities that we had lost due to years of forcing our body into unnatural movement. Gradually, we start to get back our original way of walking, the pain that we used to feel in our calf muscles or around our waist suddenly vanish, and most importantly we start feeling free and happy.
The Vibram FiveFingers Shoes from Vibram was originally designed to increase the potential and performance of runners, athletes, and other people involved in adventure sports. With admit importance of barefoot running, Five Fingers Shoes have promoted the culture of barefoot running, and now many athletes world over find the Five Fingers Vibram their best choice. The increased grip, steadiness and quickness offered by barefoot moving with five finger shoes is useful for many, who have to make quick reflex-based movements or tackle rough terrain, muddy waters, slippery sands, and the like. The Vibram Five Fingers have already become popular among people involved in climbing, fitness training, martial arts, light trekking, yoga, canyoneering, running, pilates, sailing, boating, kayaking, surfing, flats fishing, travel, and Canoeing.Vibram Five Fingers Sale from Five Fingers UK nline with big discount and fast delivery,better choice for you
All affordable Mulberry Bags make a survey of their very own; you'll come upon hand bags that fit each and every single kind of style personality and elegance. Take it for a rocking night out, every time you might be off to function or perhaps should you are out basically to satisfy track of buddies. With Mulberry Alexa bags that are generally in fashion you may by no means really feel outdated when it comes to manner and luxurious.
You are able to select out of your several colors of Mulberry Handbags that are trendy, the materials used are trustworthy and in addition excellent top quality in Mulberry Sale online store . This can make specific your Mulberry Bag lasts through differing several weeks. Group it along with any kind of clothing and they are positive to create the way record using their vogue, color and main top quality finish.Buy Mulberry Outlet from Mulberry Factory Shop will you save a lot of time and money because of the full collections available and big discount,and the same time trustful!
Mulberry Alexa Bags
Mulberry Bayswater Bags
Mulberry Briefcase Bags
Mulberry Clutch Bags
Mulberry Cross Body Bags
Mulberry Handbags
Mulberry Bayswater Holdalls Bag Black
Mulberry A Daria Clutch Bag Purse Black
Mulberry Alexa Holdalls Plum Bags
Mulberry Calf Leather Clutch Bag Purple
Mulberry Alexa Holdalls Oak BagMulberry Hobo Bags
Mulberry Messenger Bags
Mulberry Shoulder Bags
http://www.alexabags2012.net