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Saudi Arabia defies Trump and warns of 1m barrels a day cut to crude oil output
IBTimes ^ | 2018-11-22 21:00 | Associated Press

Posted on 11/22/2018 9:59:51 AM PST by Monrose72

ABU DHABI, United Arab Emirates — OPEC and allied oil-producing countries will likely need to cut crude supplies, perhaps as much as 1 million barrels of oil a day, to rebalance the market after proposed U.S. sanctions on Iran failed to cut Tehran's output, Saudi Arabia's energy minister said Monday.

(Excerpt) Read more at ibtimes.co.uk ...


TOPICS: Culture/Society; Egypt; Germany; Government; Israel; Russia; Syria; War on Terror
KEYWORDS: abudhabi; angelamerkel; boycotts; denmark; djibouti; egypt; energy; erdogan; eritrea; europeanunion; gaza; germany; hamas; hassannasrallah; headfake; hezbollah; hydrocarbons; iran; isis; israel; jamalkhashoggi; jerusalem; jordan; kabuki; kurdistan; lebanon; letshavejerusalem; maga; muslimbrotherhood; nato; opec; putinsbuttboys; receptayyiperdogan; russia; sanctions; saudiarabia; sinai; sudan; syria; tariffs; trade; turkey; unitedarabemirates; waronterror; yemen
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To: Monrose72

From what I understand, federal regulations do not apply to the government specifically. I would think we could use it to our advantage and allow for full production and the name of National Security interests. I would think we could also allow for this type of production occur on Indian Reservation lands free from Federal Regulations as well.


21 posted on 11/23/2018 2:16:18 PM PST by BOBWADE (RINOs suck)
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To: SunkenCiv

Yep. Saudi knows Trump is a realist and in a lot of ways, the new “leader’ is more of a realist than any predecessors...just getting tired of being slapped for doing their business while the accusers cater to all the pother dictators/tyrants of the world who do wholesale killings vs. some surgery.


22 posted on 11/24/2018 2:38:00 AM PST by trebb (Those who don't donate anything tend to be empty gasbags...no-value-added types)
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To: trebb
The main risk is that the Saudis bail and join the Three Amigos -- I highly doubt that will happen, but that particular triumvirate isn't durable anyway. The House of Saud would bring a very great deal of stuff to the table, so adding fourth chair wouldn't look unattractive. Our best shot will be the way the new DNC-run House goes during the next two years. Whatever problems Pubbies have staying on task and of one mind, this incoming group is split into Dumb, Dumber, and Dumbest, and there seem to be additional subgroups.

23 posted on 11/24/2018 4:54:17 PM PST by SunkenCiv (and btw -- https://www.gofundme.com/for-rotator-cuff-repair-surgery)
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To: JPJones

I do

Your information is flawed, deeply flawed


24 posted on 11/24/2018 5:05:50 PM PST by bert (to them (KE. N.P. N.C. +12) Invade Honduras. Provide a military government)
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To: bert

“Your information is flawed, deeply flawed.”

No it isn’t.


25 posted on 11/24/2018 6:42:50 PM PST by JPJones (More tariffs, less income tax.)
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To: Monrose72
Ska-rew the Sows!

After 9/11, Las Vegas and hundreds of other terrorist attacks....we should simply blow them up and take their damn oil.

26 posted on 11/24/2018 6:51:29 PM PST by ROCKLOBSTER (The Obama is about to hit the fan.)
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