Saudis and allies bomb Yemen

[Palm]

And as a result oil futures pop 3-4% due to geopolitical risk to supply lines.

[jft310]

WTI up $1.90 on the May contract . $51.11at 6:50 AM

[Tree]

http://www.yemenlng.com/ws/en/go.aspx?c=ylng_share

[jft310]

Total built this LNG plant in Yemen in 3 years .

[my2cows]

And as a result oil futures pop 3-4% due to geopolitical risk to supply lines.

Been meaning to post about this threat (or a similar one) since the US pulled out of Yemen a week or so ago. As ISIS (which I hate even giving any Sunni organizations like them different names; ergo: Taliban, Muslim Brotherhood, Al Qaeda, boko haram, etc)... but this group has been the most effective of Sunni Muslim jihadists with a stated goal of capturing Mecca and Medina (both in Saudi Arabia). Now they are in Yemen, and the reason I hate differentiating is the because of the shared ideology jumps groups/leaders/etc... just a couple days ago http://www.timesofisrael.com/saudi-grand...-churches/ the head mufti in SA called for the demolition of all churches. Is that SA, or is that ISIS?

One large pipeline, or exporting facility taken out I believe we have to completely rethink the middle east.

I have around 15 years experience studying Islam from the inside, and I think we (western thought/policy), completely misjudges the threat of this ideology... unfortunately, they are much more committed to their ideology.... one in which way to many "moderate" Muslims have so many common threads of shared ideology (even in the western world) with Jihadists that their success over there will provoke attacks here.

Anyway....Thank you Bush for taking out Iraq without being able to prop up another dictator..... Thank you Obama for supporting the Arab spring and really kicking things off. Thank them both for being so ignorant to think our western thought and government structure is going to work at all with their ideology.

[ArtM72]

Cows - Your suggestion that those who contributed to the thinking and subsequent philosophy and policies of the Bush and Obama administrations have substantial commonality leaves me incredulous.

[my2cows]

Cows - Your suggestion that those who contributed to the thinking and subsequent philosophy and policies of the Bush and Obama administrations have substantial commonality leaves me incredulous.

at the same time both used the same marketing materials for overthrowing Iraq and the Taliban (Bush... people want to be free and will fight for democracy) and then Obama gets in and uses the same marketing material for his support of the arab spring... now we have a complete mess over there, because they didn't understand the limitiations on society and/or governmental structure that Islam brings with it.

When in fact, Islam and democracy (with a capital D).... are complete contradictions and ISIS is the modern day example of Muhammad's life
https://www.youtube.com/watch?v=VaHaWta7AFI -- Admits on Egyptian TV Muhammad's fighters also burned people alive

[Dr. Wu]

Guys take this off line - it is of no value add to the IOC discussion

[Palm]

Agree- for centuries there has not been peace in the Middle East and no political power N, S, E or W of there will ever be able to make it happen. And this board will never figure it out either.

[admin]

Guys take this off line - it is of no value add to the IOC discussion

Well, not entirely, since there is considerable impact from actual (or potential) Middle East trouble on the oil price, I'll allow one thread to discuss that for those who like, since the ones who aren't interested simply have the option of not reading the thread.

But keep it to this single thread please.