Saudi Arabia's Oil War With "Russia"

whats an article, House Saud stars to act like it ´d , Poland is great idea . what ´ll the next step, my guess it ´ll be Belarus, Moldova, and Ukraine? do you agree

http://www.bloombergview.com/articles/2015-10-16/saudi-arabia-s-oil-war-with-russia

 

Now this about Iran's Secret passage to Asia for Russian oil..

http://oilprice.com/Energy/Crude-Oil/Is-Iran-Opening-A-Secret-Passage-To-Asia-For-Russian-Crude.html

 

Margot. does it mean that whole our world will be transformed totally in couple years? KSA made the strategical (for entire europe) deal with Poland , it switched the rules of the game forever ...Iran is in a strategical war with Muscovy over Caucasus, they never will be the friends

 

Honestly, I don't know what comes next.

 

i know, the west has no needs in authoritarian , totalitarian regimes in 3d world in order to have cheep oil/gas, with the new technologies and global oil/gas market world will be totally different

 

Saudi Arabia is in big trouble, that's why it keeps pumping oil and selling it on the cheap. It's pulling out funds continuously because of the war in Yemen, and at the rate they are going, economists say they will be broke by 2020. Unlike others, Saudi Arabia is totally dependent on oil

Seems to me all those Saudi princes living the high life, have a good reason to worry.

 

LOL, whats about Muscovy? how much costs oil in KSA and i Siberia?

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LOL)) check out : Oil/gas Muscovy export %)))

 

Margot, here's something from Zerohedge:

Bahrain, Oman, and Saudi Arabia have medium-term fiscal gaps of some 15–25 percentage points of non-oil GDP, while conflict-torn Libya has a gap of more than 50 percent of non-oil GDP.

In, contrast, CCA oil exporters have at least 15 years’ worth of available financial savings,1 while GCC countries are split evenly between countries with relatively large buffers (Kuwait, Qatar, and the United Arab Emirates—more than 20 years remaining) and countries with relatively smaller buffers (Bahrain, Oman, and Saudi Arabia—less than five years).​

"...In other words, the Saudis, Oman, and Bahrain are going to go broke in “less than five years” if something doesn’t give in terms of either oil prices, budgeting, or both..." ​

 

You worry about Saudi Arabia if you like.

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Zerohedge is a crackpot site, Jeannette.

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Siberian lift costs are much higher and more hazardous because of the climate and complexities of production.

 

It is advantageous for Poland, Lithuania, Latvia and Estonia to build a natural gas pipeline to keep them from being dependent on the Russian gas supplies.

 

Look at a map.. A gas pipeline from Qatar or the South Pars would have to go thru Syria.

 

a Muscovite pipeline ?

 

just wait for US shale technologies

 

comments to article from some Lithuanian person...

Our country ruled by cretins! Horror!!!!

Gas all the same will be Russian, only through other countries. So the system of gas pipeline is put.

From West Europe we will take gas. Yes from Russia we will become independent. But how gas goes to West Europe? From Russia!

 

do you think the Hans, Philippians , etc. will pay as much as Poland and Germany did) think about about all competition you will get soon from shale gas USA/Australia producers

 

A pipeline from Qatar could go through Saudi Arabia, Egypt then either to Turkey or Greece (via Crete). the underwater section would just cost a bit more.

 

It's an international market place, having high charges to one place & low to another beyond adjustments for delivery costs is not sustainable.

 

have you seen Muscovy - China´s oil/gas agreements?

 

No.. a pipeline from South pars or Qatar. I think I misunderstood his post. I think Russia wants a monopoly on supplying gas to Europe.

 

it wants, but who allows it ?...

 

You are all missing a point. Lets discuss rationally, does Europe win from importing gas and oil from Russia, end result is YES.

Now you can keep all your *Russia is an aggressor talks for international politics and law. In trade it is only logical that Russia would be most advantageous as all necessary infrastructure is in place...

What did America try to do for a long while now (and its official - so go read some docs), it tried to destabilize the Mid-East for several reasons:
a) The instability would gradually move upwards into Russia
b) Petro-dollar strategy
c) Petro-Euro-monopoly (meaning that a pipeline was planned from Qatar through Syria, Turkey into Europe.... to directly interfere with Russia's monopoly) but since that is going to (*)(*)(*)(*) its
d) Shale gas (but that went to (*)(*)(*)(*) too) so really its E
e) manipulating the house of Saud to lower the oil prices, but in this even the sufferers are both the US and Saudi

With no bias or offence, Saudi already lost is oil hegemony to Russia (1 simple fact would be the 30 year contracts between RU and CH, besides, RU is already supplying the most nat resources to CH - historically was Saudis)

This oil war is temporary, and is directly linked with how the propaganda Syria war turns out (moderate opposition my ass), in 2016 I believe we will see oil prices rebound to average 60-70s.


PS: Sooner or later Europe will burn on its unwise investments. The economists resemble heroine junkies, who get a quick fix for a short term, this is not a long-term strategy and will definilty impact future energy prices... Good job.

One more PS: Poland was fascist traitors in the 2nd world war (not all but most - SS) so it is only natural Poland doesn't like Russia, now for the Baltics, they are nonsensical in their approach to international politics and trade and people in the governing powers should hang themselves.

I only urge someone to comment what I have said, I will make sure to take this discussion to the end.

LAST PS: It is not Russia you have to fear, and if you do fear Russia, read some history books, and learn some analysis, do some travelling and see the world before making nonsensical mainstream media bs statements, thanks.

 

The SAG didn't "lower prices".....

 

Russia has a monopoly, and gas from anywhere else would be more expensive. Washington would like to break it to hurt Russia, since it fears Russia and wants to covet its wealth...Also the EU fools will end up paying more to buy from the US...if the EU exists that is.

 

Yes, but how much can the world afford to pay without being in a recession.

 

The Oil War has just begun.

Right now is the rise of North American Energy Dominance.

The U.S. just passed Russia to become the worlds largest producer of Oil and the U.S. is already the worlds largest producer of Natural Gas and Coal.

The U.S. fully intends to become the worlds largest EXPORTER off all three natural energy reserves and the U.S. will pass Qatar to become the worlds largest EXPORTER of Natural Gas in 12 months.

The amount of Oil existing in JUST THE UNITED STATES never mind the rest of North America is equal to 6.4 TRILLION BARRELS OF OIL!!!

Add to this Canadian Sand Tar and North America will soon far eclipse any and all other nations as far as both production and exporting.

Oil will continue to fall in price and will level off and stay at $49 a barrel for the foreseeable future.

The amount of Natural Gas existing in the U.S. is massive and the U.S. fully intends to supply LNG to Europe at competitive prices.

AboveAlpha