unbeliever Posted January 3, 2016 Share Posted January 3, 2016 It would mean the USA backing the Saudis in a war against Iran, which has been their intention for years. Which means we'll be in as well, on the side of the Saudis. Nice company, eh? Or it might mean that they're too busy fighting each other to bother us for a while. Link to comment Share on other sites More sharing options...
JFKvsNixon Posted January 3, 2016 Share Posted January 3, 2016 Or it might mean that they're too busy fighting each other to bother us for a while. Just to confuse matters, I was reading about the war between ISIS and the Taliban/al Qaida with both side beheading the captives on the the other. Have we reached the point were the old adage of our enemy's enemy is our friend no longer exists? Link to comment Share on other sites More sharing options...
grendol Posted January 3, 2016 Share Posted January 3, 2016 For a starter we could stop buying their oil and stop selling them weapons. A bit ago we could have just taken their silly oil and done them over but now we've sold them so many planes and taught them how to kill us we can't even do that. The UK doesn't buys much oil from Soudi Arabia, it's about 2% of our imports. We are the 23rd largest oil producer, 906,000 bbl/day. We are the 20th largest oil exporter, 637,800 bbl/day. We are the 18th largest oil consumer 1,217,000 bbl/day. Most of the oil we import comes from Norway, followed by Algeria, Nigeria, denamark then Saudi Arabia. We can easily manage without oil from the Middle east. Link to comment Share on other sites More sharing options...
JFKvsNixon Posted January 3, 2016 Share Posted January 3, 2016 The UK doesn't buys much oil from Soudi Arabia, it's about 2% of our imports. We are the 23rd largest oil producer, 906,000 bbl/day. We are the 20th largest oil exporter, 637,800 bbl/day. We are the 18th largest oil consumer 1,217,000 bbl/day. Most of the oil we import comes from Norway, followed by Algeria, Nigeria, denamark then Saudi Arabia. We can easily manage without oil from the Middle east. Interesting stats those, where did you get them? Also do you have the figures for gas? Link to comment Share on other sites More sharing options...
unbeliever Posted January 3, 2016 Share Posted January 3, 2016 The UK doesn't buys much oil from Soudi Arabia, it's about 2% of our imports. We are the 23rd largest oil producer, 906,000 bbl/day. We are the 20th largest oil exporter, 637,800 bbl/day. We are the 18th largest oil consumer 1,217,000 bbl/day. Most of the oil we import comes from Norway, followed by Algeria, Nigeria, denamark then Saudi Arabia. We can easily manage without oil from the Middle east. Interesting, but not critical to the matter. We're a net importer and we effectively buy oil at world market rates. Also, the world oil price feeds heavily into everything else we buy. If oil were no longer available from Saudi, the price for everybody else's oil would shoot up. Link to comment Share on other sites More sharing options...
Quik Posted January 4, 2016 Author Share Posted January 4, 2016 http://www.theguardian.com/world/2016/jan/03/saudi-arabia-cuts-diplomatic-ties-with-iran-after-nimr-execution KSA cuts off all diplomatic ties with iran. Link to comment Share on other sites More sharing options...
sgtkate Posted January 4, 2016 Share Posted January 4, 2016 The biggest irony is the Saudis putting out statements accusing Iran of supporting terrorist organisations. Pot, kettle. ---------- Post added 04-01-2016 at 09:09 ---------- The UK doesn't buys much oil from Soudi Arabia, it's about 2% of our imports. We are the 23rd largest oil producer, 906,000 bbl/day. We are the 20th largest oil exporter, 637,800 bbl/day. We are the 18th largest oil consumer 1,217,000 bbl/day. Most of the oil we import comes from Norway, followed by Algeria, Nigeria, denamark then Saudi Arabia. We can easily manage without oil from the Middle east. That's interesting and I wasn't aware we needed to import so little oil. The question I would have is why do we export so much oil only to buy it back in from others? If it's cheaper for us to buy in then why do we bother producing it in the first place? And if it's so expensive then how do we manage to sell it to others if there are people we can buy it from cheaper? Link to comment Share on other sites More sharing options...
Berberis Posted January 4, 2016 Share Posted January 4, 2016 Leave them be, let them kill each other. Lets keep our noses out. Link to comment Share on other sites More sharing options...
JFKvsNixon Posted January 4, 2016 Share Posted January 4, 2016 The biggest irony is the Saudis putting out statements accusing Iran of supporting terrorist organisations. Pot, kettle. ---------- Post added 04-01-2016 at 09:09 ---------- That's interesting and I wasn't aware we needed to import so little oil. The question I would have is why do we export so much oil only to buy it back in from others? If it's cheaper for us to buy in then why do we bother producing it in the first place? And if it's so expensive then how do we manage to sell it to others if there are people we can buy it from cheaper? Not crude oil is the same. At one end of the scale some are cheaper dirty oils and at the other end are expensive better quality oils. Maybe it makes sense to buy the cheap crude oil then refine it and sell the expensive rich oil to countries that doesn't have such advanced refining technologies. It may also be a case that we also sell refined oil on for a mark up. Link to comment Share on other sites More sharing options...
foxy lady Posted January 4, 2016 Share Posted January 4, 2016 (edited) Not crude oil is the same. At one end of the scale some are cheaper dirty oils and at the other end are expensive better quality oils. Maybe it makes sense to buy the cheap crude oil then refine it and sell the expensive rich oil to countries that doesn't have such advanced refining technologies. It may also be a case that we also sell refined oil on for a mark up. The make up of different oils is very different. We need different types of crude so the various fractions that we need to refine are available in the ratios that we require. On top of that the recent disputes at Grangemouth were over INEOS seeking guarantees for its proposed investment in facilities to import US shale gas to the UK. We are moving away from putting our energy reliance in volatile regions of the world. Edited January 4, 2016 by foxy lady Link to comment Share on other sites More sharing options...
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