The USA is the world's largest oil producer!

[SalesServiceGuy]

At the request of Saudi Arabia, “The president has approved the deployment of U.S. forces which will be defensive in nature and primarily focused on air and missile defense,” The number of troops will be in the 100s not 1000s.

No details on any new sanctions threatened against Iran earlier this week.

Despite the hundreds of billions of $ Saudi Arabia has spent on US arms,the Saudi's army has displayed a pathetic ability to conduct military operations. There is little loyalty within Saudi armed forces towards the ruling family other than what money can buy. Saudi cannot risk war against Iran because they know that they would quickly lose.

Why Saudi Arabia won't directly condemn Iran for oil facilities attacks| Latest News Videos | Fox News

[SalesServiceGuy]

On Friday, the USA imposed the largest ever sanctions on Iran's Central Bank in response to the Saudi oil refinery attack as an extension of its strategy towards Iran known as "maximum pressure".

US officials say their pressure on Iran is working — and that’s why tensions are getting worse - Vox

Economic sanctions may include various forms of trade barriers, tariffs, and restrictions on financial transactions.

Going forward the Iranian gov't should find it much more difficult to get loans and transfer money further reducing economic output within its country. Sanctions would include the freezing of Iranian funds in the US banking system making these funds impossible to access. The effect will be both rising prices on many goods and product shortages.

Those countries that choose to violate these sanctions and trade with Iran put themselves at risk of US sanctions.

The US does not have a formal treaty alliance with Saudi Arabia and thus is not required to respond to acts of aggression on its soil.

A central mistake of this US policy is that it expects that by exerting max pressure on Iran, it will force Iran back to the negotiating table. In any conflict, one side is never in complete control. Iran can retaliate, at will, by attacking the critical flow of oil through the Persian Gulf and the oil facilities around it regardless of the economic cost imposed upon it.

In the famous book "The Art of War", Sun Zhu writes that victory is only possible with a leader who knows when to pick his battles and is prepared. Defeat is all but guaranteed with a leader who is reckless, mercurial and prideful.

[SalesServiceGuy]

The US Air Force is deploying to Saudi Arabia a drone killing microwave weapon in response to recent Iranian attacks on oil refining facilities that effected 5% of the world's daily supply.

PHASER Microwave Weapon - The Air Force Is Deploying PHASER

The Pentagon notified Congress of its purchase of a microwave weapon system designed to knock down swarms of enemy drones with pulses of energy. The purchase comes with an intent to deploy the PHASER system overseas for a year-long assessment, making it the first directed energy defense weapon to ever be fielded.

The system uses microwaves to disable Class One and Class Two drones, ones that are less than 55 pounds and fly at altitudes of 1,200 to 3,500 feet at speeds between 100 and 200 knots.

[SalesServiceGuy]

Today Saudi Arabia, the lowest cost oil producer in the world reached a tipping point because the USA announced yesterday record breaking exports of oil to China.

Saudi Arabia decided to go on an all out offensive against Russia and the USA to cripple their oil producing industries and revenues.

Combined with the Corona Virus scare this moved cause the widely followed US DOW stock market indicator to tumble 2,000 points in a single day the largest one day decline since the last stock market crash in 2008.

The US really needs oil to be priced well above $40.00 per barrel to be profitable. Today it was as low as $27.00 per barrel.

Saudi Arabia has the capability and resources to sell oil at this level indefinitely and could eventually force many US producers out of business.

[FrohnB]

Today Saudi Arabia, the lowest cost oil producer in the world reached a tipping point and decided to go on an all out offensive against Russia and the USA to cripple their oil producing industries.

Just yesterday the USA announced record breaking blow-out exports of oil to China. The US really needs oil to be priced well above $40.00 per barrel to be profitable. Today it was as low as $27.00 per barrel.

Saudi Arabia has the capability and resources to sell oil at this level indefinitely and could eventually force many US producers out of business.

Think again.

U.S. has more untapped oil than Saudi Arabia or Russia

[SalesServiceGuy]

Think again.

U.S. has more untapped oil than Saudi Arabia or Russia

Yes, but it cost over $40.00 per barrel to profitably produce. It is estimated that the Saudi cost of oil is around $7.00 per barrel.

Oil closed today around $33.00 .

Most US oil is sold as exports and represents a major reason for the eight year long US economic expansion.

[allan]

So if the US focus on reducing its own demand by continuing the development of renewable and alternatives,
would be able to still supply the world while having an eye on the future and strengthening the economy.
What an awesome resource to have.

[Phil B.]

Yes, but it cost over $40.00 per barrel to profitably produce. It is estimated that the Saudi cost of oil is around $7.00 per barrel.

Oil closed today around $33.00 .

we PRODUCE our OWN and ALSO EXPORT.

Prices are set by OPEC so we still make a profit.

and to think -=O=- didn't see and upsidse to this!?

[allan]

Yes, but it cost over $40.00 per barrel to profitably produce. It is estimated that the Saudi cost of oil is around $7.00 per barrel.

Oil closed today around $33.00 .

Most US oil is sold as exports and represents a major reason for the eight year long US economic expansion.

How much oil does the US produce thru fracking?
Not to clued up about this but fracking seems to be expensive and sometimes harmful to underground water resources.
Could it be that the price is that high due to initial investment? That means the production cost should drop over time?

[SalesServiceGuy]

we PRODUCE our OWN and ALSO EXPORT.

Prices are set by OPEC so we still make a profit.

and to think -=O=- didn't see and upsidse to this!?

OPEC went up in smoke today!

Obama has no fault in this.

If anything the US allowed itself to poke Saudi Arabia in the eye for so long over its new found oil reserves that today the consequences have been unleashed.

The US cannot win this war, it can only come to the table and try to broker a peace.