I said before that there is no reason for this major price spike in oil and gas prices; the Arab nations can easily increase production to meet the demand if they so choose. It seems the Saudis, at least, are having trouble thanks to Iranian attacks.
Iran attacks on crucial Saudi pipeline and production facilities slash kingdom’s oil output
So why isn't Saudi Arabia joining us in our efforts in Iran?
The fact is the Saudis have never been our friends; they use us to help themselves maintain power. But if push comes to shove Muslims hang together, even Sunni and Shia.
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If you need to blame someone blame Canada who will increase their oil production in May. The world needs it now why wait til May? Saudi has war damage to repair whats Canadas excuse? Canada is after all the 4th largest exporter of crude oil. There are an estimated 800 oil tankers stuck in the straits and you want Saudis to increase oil production?
Posted by: Mike at April 10, 2026 11:42 PM (Ron5U)
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True Mike but Canadian oil is different from Saudi oil and most of the world wants Saudi. Oh, and Saudi Arabia is essentially the leader of OPEC.
But you are right; Canada is not doing anything to help - not to help us or anybody else.
Posted by: Timothy Birdnow at April 11, 2026 05:56 AM (oflqW)
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Oh, and Saudi oil doesn't need to go through the strait. of Hormuz; they have an east-west pipeline to transport it to the Red Sea. Granted they then may have to deal with the Houthis...
Posted by: Timothy Birdnow at April 11, 2026 05:59 AM (oflqW)