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Author Topic: Doomstead Diner  (Read 40876 times)

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AGelbert

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🦖 Pompeo and 🦕 MBS: Hydrocarbon Hellspawn Birds of a Feather


Agelbert NOTE: Why indeed. Perhaps the BBC should have rephrased the question. Perhaps Iran is a Saudi scapegoat, not the issue. Perhaps the ISSUE is Saudi BULLSHIT.

Why would Saudi Arabia want to stage a false flag attack on its own refinery?
I'm glad you asked and not surprised the BBC DID NOT ask. However, the media (see: Convince people to look in the wrong direction 😈), always quick to do their ethics free wordsmith thing to herd people into seeking answers to straw man erected questions, instead of asking and answering the right questions in the first place, do not fool those in the investment community, who have to navigate through financial carnival barking legerdemain on a daily basis. 

Investment in hydrocarbons has always been a rigged EROEI SCAM based on using the biosphere as an open sewer to "externalize" pollution costs. Though Blain's Saudi Oil valuation math still excludes the "externized" pollution costs, it sees through the BS about the (convenient) "attack" on a Saudi refinery just before the Saudi ARAMCO IPO. It is refreshing to see the investment crowd's BS detectors working properly.

Fri, 09/20/2019 - 11:10

SNIPPETS:

Quote
After the Globe’s third largest defence spending state was crippled by supposedly unsophisticated Houthi rebels (with some likely assistance from Iran ) when they struck his oil infrastructure, this morning the headlines are all about how MBS is now arm-twisting rich Saudi’s to buy into the discredited Aramco IPO.

Quote
However, a number of my sources suggest things look increasingly questionable in the desert kingdom. Looking at the photos of the Houthi drone strikes, the damage and the holes made in the gas tanks look suspiciously regular and well placed. ... ... More than a few analysts suspect the Houthis may have had inside assistance for a growing Saudi domestic insurgency.

Quote
Konadog
"More than a few analysts suspect the Houthis may have had inside assistance for a growing Saudi domestic insurgency."

A few analysts suspect the Houthis may have had Mossad assistance ...

Fixed it for ya.


Quote
Investors around the globe are increasingly disinclined to invest in the rising political risk swirling around Saudi and MBS.  They have serious doubts about any chance of objective corporate governance of Aramco. Its broadly seen as MBS’ piggy bank.  Such concerns clearly don’t worry his wealthier subjects, who are apparently delighted to have been offered the opportunity to invest upwards of $100mm. The alternative was to spend some time in basement of the luxury Ritz-Carlton in Riyadh.  As a comment in one paper suggested: it’s hard to resist an  equity salesman carrying a bone-saw.

MBS is determined to justify his own $2 trillion Aramco valuation. He and Adam Neumann of WeWork really should spend some time together to discuss delusional pricing
.

Full article:

« Last Edit: September 20, 2019, 02:37:06 pm by AGelbert »
Light is sown for the righteous, and gladness for the upright in heart. Ps. 97:11

 

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