Saturday, September 14, 2019



FILL UP YOUR TANK AS REPORTS INDICATE SAUDI ARABIA LOST HALF OF ITS PRODUCTION DUE TO STRIKE BY YEMENI REBELS

Monday futures should soar as speculation forces the price of oil up.

"But several sources familiar with the matter said the attacks had significantly disrupted operations in the world's largest oil exporter. One said they had shut down some 5 million barrels per day of crude production - almost half the kingdom's output and roughly  five percent of the world's. "

This was a brilliant move by Iran's allies. We either lift the embargo on Iranian oil or watch the price of gas jump.  Futures on heating oil are in the mix.  The cost of living in the colder states could go up.  The impact on the economy could be significant.

Given the Yemeni rebels have proved they can successfully attack the Saudi Kingdom, you can expect more.

So fill up your gas tank today or Sunday.  On Monday the price of gas through speculation could go up big time.

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