Post #73679 by sano on the US Policy board

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Goofy, This reddit link is a well-written, comprehensive view from the perspective of an old guy from the oil industry. He looks at the global, national and domestic impacts short and long term.
Well worth the time to read it. Kind of like the old Oil and Gas board at TMF.

"I work in the oil and gas industry and have had a fascination with energy since I was a kid. I'm telling you as bad as the oil situation sounds, it's going to get significantly worse and while there are a few headlines about how the price of fuel is up, not enough people are warning of a global energy crisis that could come worse than anything ever seen. Honestly most people in my industry even are not taking this seriously enough because almost no one working today was working during the 70s when things were bad."

SNIP:...... "How and why is there so much damage?

If you know where to look there are smart people on this topic who do have a holistic picture of what is going on. But one thing I haven't seen a single person mention is Iran, in attacking their neighbors, is setting up for success when the conflict is over. Their neighbors in the Gulf and to their north in the Caucuses and Central Asia, are their economic competitors. By bombing their energy production Iran is making sure the market will be open for them when the war ends, whether that's in a week or a year. It's in their interest to blow up all the fields, processing plants, refineries, smelters, pipelines and liquefaction facilities while the bullets are flying and they can get away with it.

On top of all of that, the Gulf States in the region as well as other countries are rivals with Iran so even without the economic picture the Iranians want to strike their opponents down......"

https://www.reddit.com/r/oil/comments/1rmufbq/the_...

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