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Out of desperation, the Saudis made “a control shot” in the US oil industry

Saudi Arabia is trying to fill the already jaded North American energy market its oil. In pursuit of this goal, Riyadh sends in the USA from 20 tankers.

For understanding: in February of this year to the United States from Saudi Arabia was delivered 366 000 barrels. In April of this volume is 1 500 000 barrels, which will cause a strong pressure on the already low prices in USA

But how can this be, if the oil does not need Washington?

The fact that the CSA owns the largest refinery in America plant in Port Arthur. It is able to process up to 650,000 tonnes of oil a day. On arrival the tankers it running at full power and it will literally force choke the market. For American senseview is a “control shot”.

Calculation in Riyadh is clear: destroying the shale oil in the United States, the Kingdom sets the stage for its volume, which is essential for heavily dependent from the export of hydrocarbons economy of the middle East monarchy. The Saudis simply have nowhere to go because the economic problems in the country grow from year to year.

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