|
To receive daily emails from Breaking Christian News to your inbox CLICK HERE
Blockade Effect: Iran's Regime Has DAYS Until This Crisis HitsHistoric: UAE announces they are leaving OPEC, crushing the Islamic regime.
"If the Iranians have to shut down oil and gas production due to a lack of storage capacity, there will be permanent damage to the productivity of the oil fields," Marketwatch cofounder Derek Reisfield told the New York Post on Monday. "The damage will be irreversible," he said. "The loss in capacity could easily be half a million barrels in daily production." That's a significant hit to a pre-war production rate of a little over three million barrels. Oil wells can't just be flipped off and back on again like a switch, and that's a huge problem. Once capped, a single oil well can require months—or longer—and millions of dollars to bring back into production. That's why the Islamic Republic last week brought an aging tanker out of retirement to use as a floating storage unit. The Nasha, Tanker Tracker reported, is "a 30-year-old VLCC that's been anchored empty for the past few years; currently spending four days on a trip that should take 1.5-two days." That was almost a week ago. Now things are worse. According to the Wall Street Journal on Monday, the regime "is resorting to previously unused methods to conserve storage space," including "using containers and 'junk storage'—disused tanks in poor condition—in the southern oil hubs of Ahvaz and Asaluyeh." Tehran might be able to move some oil to China by rail, but not much. The rail links between the two countries simply aren't built for oil transportation. How long before the regime simply runs out of room and starts having to cap wells?... Subscribe for free to Breaking Christian News here Continue reading Here.
To receive daily emails from Breaking Christian News to your inbox CLICK HERE
Other Recent Articles from Breaking Christian News This is a Spiritual Battle over America; Take Your Place Praising God, Our Worship is Warfare! #1 NFL Draft Pick Praises God: 'I Just Can't Thank Him Enough' UK Pastor Prosecuted for Preaching John 3:16 Anxiously Awaiting Judge's Ruling Renowned Bible Teacher and Evangelist Marilyn Hickey Passes On to Eternity After the Shooting, Democrat Senator Fetterman Backs the White House Ballroom Renovation Blockade Effect: Iran's Regime Has DAYS Until This Crisis Hits Kenya Court Overturns 'Constitutional Right' to Abortion in Pro-Life Victory Give Him 15: 'It's Time to Tip the Scale' Surprising Bible Find Sparks Big 'Opportunity' For the Church Supreme Court Strikes Down Texas Redistricting Lawsuit, Upholds New Maps What We Know About the Suspect in the Third Assassination Attempt against Trump First Lady Melania Trump Fires Back at Kimmel: 'Enough Is Enough' Americans Must 'Recommit' to Oppose Political Violence, Trump Says after WHCD Shooting [Video] 'Healing Wells of Revival': Supernatural Move of God Hits Waco Church and Community Trump Restores a Landmark and Saves Millions of Dollars Deaths and Disappearances of US Scientists Draw National Security Scrutiny Search the Articles Archives |
All articles on this site and emails from BCN are copyrighted property of Breaking Christian News. Permission is given to link to, or share a BCN story if proper attribution is given to both the original writer and summarizer of the story. Breaking Christian News 2005-2019. All Rights Reserved.
Breaking Christian News is a division of Elijah List Publications, Inc. All Rights Reserved
Disclaimer: Articles and links, as well as the source articles linked to; do not necessarily reflect the opinion of Breaking Christian News.
| Home | Store | Subscribe | Facebook | Article Archive |