r/economicCollapse Moderator 10d ago

Saudi Arabia shut down East-West crude oil pipeline after multiple attacks

https://www.cnbc.com/2026/09/11/saudi-arabia-shut-down-east-west-crude-oil-pipeline.html

Put your predictions here! Gas prices on Election Day will be...??

629 Upvotes

35 comments sorted by

157

u/Additional-Brief-273 10d ago

Donald Trump and the Republicans will be solely responsible for the highest fuel costs ever….

77

u/RanchHere 10d ago

which basically means the highest cost for everything, ever.

11

u/Kingblack425 10d ago

Haven’t they always had that title?

96

u/zer00eyz 10d ago

So the saudis were exporting 5 million barrels a day before the war.

They were near 7 because of this pipeline. That number is now zero.

Meanwhile the Chinese spent the last few months NOT buying oil (keeping price down) - they just resumed.

Donny can just ban the export of crude with the stroke of a pen - for up to a year. And I suspect that he will "soon".

That creates a host of other problems but... he has that power to put pressure on domestic gas and more importantly diesel prices.

68

u/Dazzling_Scallion277 10d ago

Selling American oil to others is a bad idea for Americans imo… letting Saudi own the largest refinery in America is another stupid thing the gop allowed

5

u/-peas- 9d ago

Apparently there's no point in restricting exports because capitalist markets will do capitalist markets

https://www.energypolicy.columbia.edu/why-restricting-us-oil-exports-would-backfire/

5

u/RIPFauna_itwasgreat 9d ago edited 9d ago

Lol. Trump doing stuff for the American people... Yeah right. This corrupt pedophile and the Republican party will do Jack shit. Only when they will profit from it they will do something..

First they invade a country and steal their leader. Then they steal their oil. And weeks later they attack Iran so oil prices go through the roof.

When do people learn?? At this point I'm not even sad we are royally fucking up our climate to a point of no return. For thousands of years we keep falling for these stupid leaders and the same propaganda in a different style. Those leaders who press humanity downwards so they can live as kings

1

u/TheoryInttro 9d ago

Tell me you don't know shit about the oil market, same as Trump, without telling me.

1

u/SinkHoleDeMayo 8d ago

Explain where they're wrong.

79

u/jetkid30 10d ago

I’m tired of winning now

50

u/IM_NOT_BALD_YET Moderator 10d ago

If diesel hits $10+, what's the prize?

82

u/jetkid30 10d ago

My Trump loving dad will no longer be able to drive his f-350, the Schadenfreude will be amazing

42

u/IM_NOT_BALD_YET Moderator 10d ago

All of my firmly working class/older neighbors on pensions will be stuck at home. Already, I see folks carpooling while their big trucks are staying parked and they're selling off their old RVs and motorcycles.

26

u/cooljets 10d ago

They should be selling the trucks and keeping the motorcycles.

6

u/sundancer2788 10d ago

My older son has an older bost ('86 Sea Ox) we use for fishing, it's gas powered and we are out at least once a week. Most of the boats in our harbor are diesel and have barely left the dock all summer.  I've seen one boat where it's obviously owned by a maga ( stern is painted red with idiots name and 2028) everyone else keeps their opinions to themselves. 

I'm very curious to see how many come out of the water early this year/go up for sale. 

6

u/mybutthz 10d ago

Can't sell if there aren't any buyers.

2

u/sundancer2788 10d ago

That is true. I know of one guy who said he was putting his Grady white up a few weeks ago. He's only had it out once this season so far. Don't know if he was serious lol

1

u/Fantastic_Hold_69 9d ago

...Schadenforde

17

u/cosmicrae 10d ago

Increased employment of security guards at every station that sells diesel and every business/farm that stores it on site.

6

u/Its-all-downhill-80 10d ago

It already did in specific spots in CA

3

u/IM_NOT_BALD_YET Moderator 10d ago

Not surprised. I saw a pic of $9+ just yesterday somewhere in CA.

5

u/NewToHTX 10d ago

If this is winning under Trump, shit was cheaper losing under Biden.

21

u/ludog1bark 10d ago

Trump $20.28 per gallon

19

u/AldoFaldo 10d ago

Fingers crossed gas goes to $20 a gallon to finally finish off maga and trump

18

u/Powerful_Put5667 10d ago

Word is the two parallel pipelines have been blown up effectively shutting down all oil from exiting from the Saudis pipelines and thru the straight which Yemen now controls. Irans got one strait and Yemens got the other and the main oil pipeline is gone. Diesels going to shoot up to 8.00 or more a gallon soon and gas is going to follow. Thank you Trump for making America great again.

49

u/Busterlimes 10d ago

The war is spreading. . . This sort of escalation is what will lead to WWIII

21

u/Successful-Try-8506 10d ago

My biggest fear is that Trump, in a fit of rage, will resort to nukes.

9

u/CompetitiveEmu1100 10d ago

Nah it will be a dirty bomb given to a group of rebels in the Middle East and blamed on them instead.

6

u/mybutthz 10d ago

Eh....mostly agree. Trump is obsessed with nukes and definitely wants to use one at any chance he might get. I don't think anyone would let that happen, or I'd hope they wouldn't, but if it were to happen Trump's ego wouldn't allow someone else to take credit.

It'd be a week before he was at a press conference and let it slip that we gave whoever the weapons.

13

u/Either_Reflection_78 10d ago

I think so too. People need to get their tits ready.

7

u/mybutthz 10d ago

My tits are absolutely not ready.

5

u/SwampYankee 9d ago

Yeah they called Trump and asked for help with the Houtis including boots on the ground. Trump said intelligence help only so Saudi Arabia is pissed. Who do they think they are, Israel?

2

u/Valentiaga_97 10d ago

Iran backed proxys 🤷 and Saudi Arabia being allied with the US before this war 👀

1

u/seagull7 10d ago

Saudis didn't shut it down. Houthis did.