What if the terrorist had been successful last Friday in their attack on Abqaiq, the worlds largest oil processing facility? Abqaiq (some spell it Abiqaiq) is located at the southern end of the Abqaiq oil field about 25 miles west of the Arabian Gulf. The immediate $2.00 price per barrel rise after the attack is an indicator. The price went up even though production was not interrupted. The world would have gone into panic mode if the attack were successful. The price of oil would have made last years oil price swindle look like the good old days. Al-Qaida claimed responsibility for the attack geared to drive the infidels out of Saudi Arabia. They will be back, possibly by air as with the WTC Towers. Mortar, rocket, or artillery fire could raise havoc. Oil facility attacks by terrorist have been far more successful in Iraq. The Iraqi oil lines are long and exposed and easy to disrupt. Iraq oil production is continually hampered. Its good the Abqaiq attack failed. If it had succeeded, in light of that production has already been curtailed in Iraq by terrorist and Venezuelan Dictator Hugo Chavez has threatened to stop oil shipments to the U.S., a movement by greedy oil companies to put oil prices completely and permanently out of sight would be as unstoppable as the great molasses flood. For those who dont know about the Great Molasses Flood in which on January 1919, a wave of over 2 million gallons of molasses swept through Boston, killing 21 and injuring 150, see http://www.snopes.com/horrors/freakish/molasses.htm. I salute the Saudi guards that stopped the attack and offer condolences to the families of the two guards that died from wounds suffered during the fire fight. |
