The Saudis said that they will be into full production in a few weeks.
BUT
Other analysts have said that the Saudis are having problems getting new equipment manufactured in this time frame and it may take several months to get full production back again.
In the meantime, the Saudis will draw down on their strategic stores around the world.
Question 1: "What if the oil storage runs out before full production is re-attained?
Question 2: "What if the Houthis successfully strike again?
In the US, their strategic oil storage still need to be transported to their industrial centres. This will incur a cost.
Will they start an oil rationing system?
Will this kick off a recession?
… All unknowns.....
The Saudis said that they will be into full production in a few...
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