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Saudi Arabia tells Japan's biggest refiner about possible shipment change

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Well, our "climate change" crowd must be happy! After all, we don´t really need the stuff, and it is just pressure from evil oil companies that makes us consume it, right?

-3 ( +2 / -5 )

Japan might have to use oil reserves which are about 250-300 days. 45% of imported fossil fuels are crude oil.

There was a major oil crisis in 1973.

0 ( +1 / -1 )

Surprised it took that long for Yemen to retaliate in a Saudi led war.

-1 ( +1 / -2 )

As the price rises watch for US fracking companies ramping up production.

Saudi Arabia and OPEC generally have wanted higher oil prices as their profligate budgets have been squeezed of late. The rest of the world will suffer again while they wring us all dry.

-1 ( +1 / -2 )

Makes you wonder who will benefit the most from the attacks and higher oil prices??

2 ( +3 / -1 )

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