Saudi Arabia Takes Full Control Of Largest Oil Refinery In North America

[skews13]

With the sale of its interests this May, Royal Dutch Shell made Saudi Arabia the sole owner of the largest refinery of gasoline in North America.

Saudi Arabia now controls the massive Port Arthur Texas refinery and all of its assets.

Saudi Arabia now has the ability to shut down the largest source of gasoline in the US overnight if so commanded by the Royal Family.

The Saudi oil giant ARAMCO now also controls the huge network of Shell gas stations and presumably the prices set at those stations.
This is an interesting conclusion to the story of 911 with its Saudi citizen highjackers and the $3 trillion spent in our efforts to control the international oil markets by attacking Iraq and Afghanistan.

Saudi Arabia now controls the entire supply chain from the ground to the pump and can use this to economic and political advantage as they wish.

We won’t know if this power will be abused for generations but we can be sure they will never sell the Port Arthur refinery back to the Americans.

Saudi Arabia takes full control of the largest oil refinery in North America

 

[Mr Natural]

Making America great again!

 

[Siete]

I expect they would control something they own. I said it was coming during the Canadian pipeline crap fight. I also said there was a major reason for 43 deregulating the Texas refineries too.

well, there ya go.

 

[irosie91]

TEXANS-----don't be redneck jerks-------NATIONALIZE THE DAMN OIL REFINERY-----idiot crackers

 

[EvilCat Breath]

Of course they can't shut it down. That's ridiculous. Saudi Arabia could order it shut down, but short of showing up by the millions, and forcibly shutting it down, there's nothing they could do.

 

[Siete]

Making America great again!

paying Saudi to refine Canadian shit sludge, so they can Export it and get filthy richer makes America great again how?

 

[Toddsterpatriot]

Making America great again!

paying Saudi to refine Canadian shit sludge, so they can Export it and get filthy richer makes America great again how?

American jobs and American taxes, just awful!

 

[Toro]

Meh.

A Saudi state company controlling the largest U.S. refinery may sound like a national security headache, but experts say it’s not. The problem rather is one of perception.

“The optics aren’t good,” said Bud Coote, a former energy analyst for the CIA and now with Washington-based think tank the Atlantic Council. “But the [oil] industry’s globalization and interdependence may quell any alarm,” he said, adding Aramco likely wouldn’t risk any access to U.S. markets for Riyadh’s political gains. And U.S. relations with Saudi Arabia are much better than with other petro-states around the world, such as Iran, Russia, or Venezuela.

Unlike Russia’s state-owned energy companies, which the Kremlin wields as a blunt geopolitical weapon against energy hungry neighbors, Aramco has never put politics above commercial interests, Holland said. And the Saudi Royal family, which controls all aspects of the country’s government, is conspicuously absent from Aramco’s leadership.​

 

[skews13]

Making America great again!

paying Saudi to refine Canadian shit sludge, so they can Export it and get filthy richer makes America great again how?

Yeah, and i'm sure if the royals gave Ivanka a patent or two, the orange assclown certainly wouldn't order the refinery shut down if they asked him to.

 

[Toro]

paying Saudi to refine Canadian shit sludge, so they can Export it and get filthy richer makes America great again how?

You didn't read the article.

The Saudis are buying it to provide a downstream source of demand for their crude, not from the oil sands, which FTR doesn't refine a single drop now anyways.

 

[Siete]

Of course they can't shut it down. That's ridiculous. Saudi Arabia could order it shut down, but short of showing up by the millions, and forcibly shutting it down, there's nothing they could do.

it works like this ..

saudi tightens production prices go up, they sell a barrel of oil for more money and get richer, when they get tired counting your money they slow production again... prices go back up they start selling again .... yada yada yada

either deal with it or get busy with alt fuel

 

[irosie91]

will ISIS attack it?

 

[Siete]

paying Saudi to refine Canadian shit sludge, so they can Export it and get filthy richer makes America great again how?

You didn't read the article.

The Saudis are buying it to provide a downstream source of demand for their crude, not from the oil sands, which FTR doesn't refine a single drop now anyways.

guilty .. but I know how it works

 

[Slade3200]

Making America great again!

paying Saudi to refine Canadian shit sludge, so they can Export it and get filthy richer makes America great again how?

American jobs and American taxes, just awful!

Would be better if it was American owned so there are American profits, wouldn't you agree?

 

[Toddsterpatriot]

Of course they can't shut it down. That's ridiculous. Saudi Arabia could order it shut down, but short of showing up by the millions, and forcibly shutting it down, there's nothing they could do.

it works like this ..

saudi tightens production prices go up, they sell a barrel of oil for more money and get richer, when they get tired counting your money they slow production again... prices go back up they start selling again .... yada yada yada

either deal with it or get busy with alt fuel

saudi tightens production prices go up

US frackers drill more, prices go down.

 

[Siete]

will ISIS attack it?

nah, but Gilley's isnt safe.

 

[Toddsterpatriot]

Making America great again!

paying Saudi to refine Canadian shit sludge, so they can Export it and get filthy richer makes America great again how?

American jobs and American taxes, just awful!

Would be better if it was American owned so there are American profits, wouldn't you agree?

You're free to use American money to build an American refinery, if you choose.
Or buy ARAMCO stock when it goes public, to capture some of those profits for America.

 

[Wyatt earp]

Making America great again!

paying Saudi to refine Canadian shit sludge, so they can Export it and get filthy richer makes America great again how?

American jobs and American taxes, just awful!

Would be better if it was American owned so there are American profits, wouldn't you agree?

British and the Dutch owned it before , thats who owned it..


.

 

[Slade3200]

Making America great again!

paying Saudi to refine Canadian shit sludge, so they can Export it and get filthy richer makes America great again how?

American jobs and American taxes, just awful!

Would be better if it was American owned so there are American profits, wouldn't you agree?

You're free to use American money to build an American refinery, if you choose.
Or buy ARAMCO stock when it goes public, to capture some of those profits for America.

No shit. So what? There has been some pretty comical flip flops after this election but please don't tell me you are not concerned about The Saudis owning the largest oil refinery in the US! The Chinese have been buying up businesses and real estate for years, this goes along the same lines and it is not a good thing for America. Just because it is now happening under a Trump presidency doesn't mean you have to make excuses for it

 

[Bleipriester]

Trump is busy posting bullshit on Twitter with his iPhone. Fuck off, common folx.