Interesting articleHighlightsAramco facility attack cause a...

  1. 1,451 Posts.
    lightbulb Created with Sketch. 533
    Interesting article

    Highlights
    1. Aramco facility attack cause a minor POO blip and the world returned to norma.
    2. The US fraccing production surge is good for Asia (POO would have been $10-50 US more). So wealth transfer from ME to Asia/US
    3. Arab countries with large social programs need ~$95US a barrel to balance their budget
    4. Oil geopolitics are upended since the US is not held ransom by OPEC
    https://wattsupwiththat.com/2019/11/10/__trashed-11/
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.