Miscellaneous

Islam : Muslim Terrorists Fail In Saudi Arabia Oil Attack

February 24, 2006 ⋅  E-Mail Article ⋅  Print Article ⋅ Post a comment

Two cars carrying an unknown number of would-be bombers tried to attack a Saudi Arabian oil facility today. Therefore, gas will jump at the pumps by leaps and bounds in the next two days; regardless of the fact that the overall price of oil has dropped noticeably in the past two weeks, there is new speculation out there and that is cause enough. Saudi security forces have thwarted an attempted suicide attack at an oil processing facility in eastern Saudi Arabia; this is the reason gas prices went up. Imagine if they would have succeeded, then they would really be putting it to us. Don’t you think a failed attempt should mean the price goes down; it is safe, what is the deal here? So with a failed attempt, and plenty of reserves, can someone tell me why gas pump prices are raising and not falling?

It has been reported that two cars carrying an unknown number of would-be bombers tried to enter the side gate to the Abqaiq plant near Dammam and detonate explosives. However, the would-be attackers detonated their explosives prematurely because security guards fired on them. Two of the guards were seriously injured in the blast, according to the interior minister’s spokesman.

Reportedly the potential terrorists cars broke through the outer security perimeter after they had opened fire on security guards, killing three and wounding 10. They were held up at the second security perimeter, and it is here that they set off the explosives. The detonations caused a small fire in a nearby industrial area. Reportedly the incident had no affect on the facility’s operations but that has not stopped oil brokers from putting it to us as quickly as they could.

Reportedly all of the would-be terrorists were killed, this is according to a senior Saudi security official.

U.S. crude gained $1.22 to $61.76 a barrel in electronic trading, having risen as high as $62.26. London Brent was up 1.21 cents at $61.75. This jump was in response to the failed Saudi attempt, I repeat a failed attempt. Where would we be if it had succeeded? And shouldn’t it go down if the plot failed? I mean the oil is safe, and we do have a lot of it in reserve.

Most Saudi oil is exported from the Gulf via the huge Abqaiq producing, pumping and processing facility, Reuters reported. The world’s biggest processing plant; it handles about two-thirds of the country’s output.

But oil’s upside may be limited by brimming U.S. fuel tanks. Gasoline stocks rose to 225.6 million barrels, the highest level in seven years, according to weekly data released Thursday. Crude stocks increased 1.1 million barrels to 326.7 million barrels, also the high end of the average range for this time of year.

So with a failed attempt, and plenty of reserves, can someone tell me why gas pump prices are raising? When will President Bush, or Vice President Cheney speak up about this?

Islam Muslim Terrorists in Saudi Arabia

Linked To: Stuck On Stupid, Blue Star Chronicles, Third World County, TMH’s Bacon Bits, Rhymes With Right, Adam’s Blog, The Liberal Wrong - Wing, The Real Ugly American

Related Posts