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Post by cv10 on Jul 19, 2019 21:39:01 GMT -6
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Post by oldpop2000 on Jul 19, 2019 21:58:50 GMT -6
Their idea is to get the British to talk to the EU and the US about renewing talks about the sanctions. Interesting tactics but very deadly for the government who does not actually have control of the revolutionaries. I am reminded of what Admiral Yamamoto said after Pearl Harbor; "I am afraid all we have done is awakened a sleeping giant and filled him resolve. " |
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Post by zedfifty on Jul 29, 2019 0:28:41 GMT -6
www.bloomberg.com/news/articles/2019-07-24/strange-economics-of-mideast-oil-shield-trump-from-iran-s-bite"The prices of Brent crude and the U.S. benchmark, West Texas Intermediate (WTI), are each down about 26% from their highs of last October. . .The price of insurance against war risk has risen about 1,000% since earlier this year, to $500,000 or more for a single voyage of a standard oil tanker and its cargo through the Persian Gulf. . . " If tensions do push up oil prices a lot, she wrote, that incentivizes the people involved in shipping the region’s oil to send more ships “so they can fetch a higher price for their cargo,” and that supply pushes the price down. "What happened in the ’80s is instructive. The attacks by warring Iraq and Iran initially led to a 25% drop in commercial shipping and a rise in the price of crude, but fears faded as it became clear that only about 2% of ships’ passages were disrupted, according to the Robert Strauss Center for International Security and Law at the University of Texas at Austin. Despite the tanker war, oil prices fell sharply in 1986 because of a supply glut." That certainly illustrates why I have never seen a successful surface raiding strategy in RTW. Submarines, oh yes, but cruisers are just too expensive for the results.
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Post by oldpop2000 on Jul 29, 2019 6:09:26 GMT -6
www.bloomberg.com/news/articles/2019-07-24/strange-economics-of-mideast-oil-shield-trump-from-iran-s-bite"The prices of Brent crude and the U.S. benchmark, West Texas Intermediate (WTI), are each down about 26% from their highs of last October. . .The price of insurance against war risk has risen about 1,000% since earlier this year, to $500,000 or more for a single voyage of a standard oil tanker and its cargo through the Persian Gulf. . . " If tensions do push up oil prices a lot, she wrote, that incentivizes the people involved in shipping the region’s oil to send more ships “so they can fetch a higher price for their cargo,” and that supply pushes the price down. "What happened in the ’80s is instructive. The attacks by warring Iraq and Iran initially led to a 25% drop in commercial shipping and a rise in the price of crude, but fears faded as it became clear that only about 2% of ships’ passages were disrupted, according to the Robert Strauss Center for International Security and Law at the University of Texas at Austin. Despite the tanker war, oil prices fell sharply in 1986 because of a supply glut." That certainly illustrates why I have never seen a successful surface raiding strategy in RTW. Submarines, oh yes, but cruisers are just too expensive for the results. I would have to agree. In all my studies of guerre de course, the surface raiding strategy of the 20th century is just not worth the expenditures. This was not true in the Age of Sail especially during the Anglo-Dutch Wars. The most interesting fact is that the USA is the highest oil-producing nation in the world. We produce 17,886,000 barrels of oil and the second is Saudi Arabia with 12,419,000 barrels. Iran is at 4,471,000 barrels. The figures are barrels per day. Besides our own production, the rest of our oil comes from Mexico and Canada. Here is a monography from the Naval War College on Maritime Warfare - digital-commons.usnwc.edu/cgi/viewcontent.cgi?article=1068&context=nwc-review |
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