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Page added on September 2, 2020

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Saudi Cutting Oil Deliveries to US

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Saudi Arabia is continuing to divert its oil away from America’s shores.

The kingdom last month loaded about 5.6 million barrels a day on to tankers, a small increase from July, vessel-tracking information compiled by Bloomberg show. Within that, an ever-smaller share went to the U.S., and cargo data show that deliveries in the week ended Aug. 28 dropped to what could be the lowest in decades.

For Saudi Arabia, cutting oil shipments into the U.S. is the quickest way to telegraph to the wider market that it’s tightening supply. The U.S. government is alone among major oil-consuming nations in publishing weekly data on crude stocks and imports, which carries enormous influence among oil traders. Those figures will be released later on Wednesday.

Saudi crude exports to the U.S. dwindled to about 177,000 barrels a day in August, tracking data show. Although that number could rise as more vessels indicate their final destination, it’s still a fraction of the 1.3 million barrels a day the kingdom shipped to America in April, when the flow threatened to upend the U.S. oil market.

While it’s clear that shipments on the trade route are slumping, data from vessel tracking and cargo unloadings often won’t tally perfectly with weekly import numbers produced by the Energy Information Administration. That’s because it’s not possible to know precisely when a cargo that gets unloaded will appear in the U.S. government data.

Shriveling Imports

The U.S. imported 355,000 barrels of Saudi crude, or about 51,000 barrels a day, in the week through Aug. 28, customs data compiled by Bloomberg show. That entire volume arrived on the West Coast. The U.S. began publishing weekly data in 2010. Before then the figures were monthly. Flows in the weekly data have never been below 51,000 barrels a day. In September 1985, there were no receipts of Saudi crude for the entire month.

Government data processing and weather can further complicate the picture. A 496,000-barrel shipment of Saudi crude arrived in Port Arthur, Texas, on Aug. 21, though it wasn’t processed by customs until three days later, so it’s not clear whether it will be included in the EIA figures, which cover the period Aug. 22-28.

Hurricane Laura, which battered the U.S. Gulf Coast last week, may have also affected shipments. More than 60 oil and gas tankers sought refuge in the western Gulf, waiting for the storm to pass. Only two supertankers from Saudi Arabia were scheduled to reach the region after mid-August — others were bound for the West Coast.

One of those vessels, Khuzama, discharged its cargo and idled near southern Texas until Laura blew past, eventually making its way toward Louisiana. Another, Rimthan, was scheduled to arrive at its destination on Aug. 31. It lingered briefly near South America until the storm subsided and is now entering the Gulf.

Supertankers in the Gulf generally offload their cargoes on to smaller vessels for delivery to import terminals. A single supertanker, capable of hauling 2 million barrels of crude, can significantly affect imports. A full vessel could add 285,000 barrels a day to weekly import data.

It takes five-to-six weeks for a tanker to make its way from Saudi Arabia to the U.S. Gulf or West Coasts, meaning any vessels that left in August won’t arrive until at least the middle of this month. If crude loadings from the kingdom in recent weeks are any indication, the U.S.’s dry spell of oil imports from Saudi Arabia is likely to continue for some time.

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9 Comments on "Saudi Cutting Oil Deliveries to US"

  1. IFuckCanadaPoliticians on Wed, 2nd Sep 2020 3:43 pm 

    EnergyUnlimeted said

    Professionals are often clever people who understand how shitty all “democratic” societies are.
    So they don’t wish to contribute more than absolutely necessary and are logging off as I did.
    You know, when now I visit a city on a rare occasion, I feel a bit lost.
    These people so running and running around.
    So lame and mindless. When they are my guests during holiday season, they are pretending to be so important… with a lot of money… new cars, fashionable clothes.
    But all what they have is debt… idiots.
    Small proportion who REALLY have money is behaving very different. I can at once recognize such people when they visit as customers.
    More placid, humble, yet sure of their position, no stress in eyes.

    This well written. I am one of those that does not wish to contribute more than absolutely necessary and are logging off as I did.

    So I am not the only that has check out

  2. IFuckFaceJuanP on Wed, 2nd Sep 2020 3:48 pm 

    Unlimeted said

    Professionals are often clever people who understand how shitty all “democratic” societies are.
    So they don’t wish to contribute more than absolutely necessary and are logging off as I did.
    You know, when now I visit a city on a rare occasion, I feel a bit lost.
    These people so running and running around.
    So lame and mindless. When they are my guests during holiday season, they are pretending to be so important… with a lot of money… new cars, fashionable clothes.
    But all what they have is debt… idiots.
    Small proportion who REALLY have money is behaving very different. I can at once recognize such people when they visit as customers.
    More placid, humble, yet sure of their position, no stress in eyes.

    This well written. I am one of those that does not wish to contribute more than absolutely necessary and are logging off as I did.

    So I am not the only that has check out

  3. IFuckFaceJuanP on Wed, 2nd Sep 2020 3:55 pm 

    Cuomo Delays Release Of Data On New York’s COVID-19 Nursing Home Deaths Until After Election

    Last week, Democrats denounced the DoJ Civil Rights Division’s decision to demand more data from New York, Michigan, New Jersey and Pennsylvania on policies enacted by each (Democratic) governor that required hospitals and long-term care homes to accept COVID-19 positive patients. Such a bone-headed policy sounds almost horrifying in retrospect – and mainstream media outlets have even admitted that these decisions might stand as the worst policy blunders of the entire pandemic. Even worse than the Trump Administration’s struggle to ramp up testing during the early days of the outbreak (something the Washington Post once showed was primarily caused by bureaucratic incompetence at the CDC).

    Fast forward to Tuesday evening, and it appears the governor’s office is stonewalling the DoJ by refusing to turn over some of the information being requested. Remember, the DoJ didn’t launch a full-on investigation – at least, not yet. This is mostly a fact-finding mission to try and determine how these harmful policies, which have been blamed for thousands of COVID-19 deaths, were left in place for so long. Cuomo reportedly didn’t scrap the policy in NY until May.

    Now, the Empire Center for Public Policy is accusing the New York Health Department of stalling on compliance with a Freedom of Information (FOIA) request seeking more information.

    Since New York state is comfortably Democratic, bureaucrats can comfortably brush off these types of requests because they know they won’t be held accountable by voters. When pressed for a reason on why the state couldn’t turn over these nursing home death records, it said it needed more time to “find the records”. How much more time? Well, at least until Nov. 5 – two days after the Nov. 3 presidential election.

    “The state Health Department is offering a new explanation for why it won’t provide the full death toll of coronavirus in nursing homes: it can’t find the records,” according to Bill Hammond, a health analyst for the Empire Center who submitted the legal request, who spoke about the situation in an interview with the New York Post.

    Responding to Hammond, the department said it couldn’t fulfill the request “because a diligent search for relevant documents is still being conducted.”

    “We estimate that this Office will complete its process by November 5, 2020. The Department will notify you in writing when/if the responsive materials are available for release or if the time needed to complete your request extends beyond the above date,” said the department’s record access officer, Rosemary Hewig.

    Hammond called bs in a blog post, arguing that this type of a delay “should not be necessary”, and claiming it appeared to be a brazen stalling tactic to avoid embarrassing Cuomo, and, by extension, Joe Biden and all the other Democrats on the ticket.

    Right now, the state’s nursing home death toll only includes people who died inside long-term care homes. Thousands more likely succumbed while at the hospital in the ICU, days after being transferred there for treatment.

    While California has now reported nearly twice as many cases as New York, the Empire State still has far and away the largest death toll, with more than 30,000 deaths reported. Its official count for nursing home deaths stands at 6,600, but experts suspect thousands more went uncounted.

    https://www.zerohedge.com/political/cuomo-struggles-delay-release-data-new-yorks-covid-19-nursing-home-deaths

  4. IFuckFaceJuanP on Wed, 2nd Sep 2020 3:57 pm 

    Trump slams Pelosi for visit to shuttered salon: ‘Constantly lecturing everyone else’
    ‘Crazy Nancy Pelosi is being decimated,’ president tweets
    The San Francisco salon owner told Fox News that Pelosi’s trip was ‘disturbing’ and ‘a slap in the face.’ President Trump slammed House Speaker Nancy Pelosi on Wednesday for “constantly lecturing everyone else” after she visited a San Francisco hair salon earlier this week, despite local ordinances keeping salons closed amid the coronavirus pandemic. Fox News first reported Pelosi’s visit to the salon and obtained security footage, which showed her walking through the studio with wet hair, and without a mask over her mouth or nose. The stylist doing her hair can be seen following her wearing a black face mask. “Crazy Nancy Pelosi is being decimated for having a beauty parlor opened, when all others are closed, and for not wearing a Mask–despite constantly lecturing everyone else,” the president tweeted Wednesday. “We will almost certainly take back the House, and send Nancy packing!” Salons in San Francisco had been closed since March and were only notified they could reopen on Sept. 1 for outdoor hairstyling services only. Salon owner Erica Kious, in an exclusive phone interview with Fox News on Tuesday, shared details of Pelosi’s visit. Kious explained she has independent stylists working for her who rent chairs in her salon.
    https://www.foxnews.com/politics/trump-slams-pelosi-san-francisco-salon-visit

  5. the board on Wed, 2nd Sep 2020 4:02 pm 

    PPee juan, when are you going to comment on the moderate side? are you feeling stupid lately?

  6. Davy on Wed, 2nd Sep 2020 11:12 pm 

    I sure am feeling stupid today. I think I will stink up the un-moderated side with more of my stupid sock garbage.

  7. Cloggie on Thu, 3rd Sep 2020 2:32 am 

    Dutch bicycle system explained by Americans, to Americans:

    https://www.youtube.com/watch?v=kp3s2EP0zVo

    Until 1970 the Dutch were like Americans: very car-minded, the car was to be the future. But because the Netherlands is so densely populated, the country ran into constraints much earlier than elsewhere. A radical rethinking took place and the infrastructure was redesigned and made bike-friendly. Currently 27% of all trips are made on bikes. The car is being pushed-back ever more. Wait until the autonomous car will enter the scene for real, making private car ownership mostly superfluous. A good economic and/or social crisis could be a “great help”, just like Corona was a great help to get working online from home broadly accepted. The prospect of cars disappearing from the city centers entirely is realistic.

    https://deepresource.wordpress.com/2017/05/16/by-2030-you-wont-own-a-car/

    “By 2030 You Won’t Own a Car”

  8. bochen777 on Sun, 6th Sep 2020 3:09 am 

    Defence agency predicts America population will be reduced by 200 million, with a 90% drop in GDP by 2025…

    US dollar will collapse and lose its global reserve status by end of 2020.

    https://metallicman.com/laoban4site/deagel-forecast-for-usa-population-drops-70-by-2025/

    https://modernsurvivalblog.com/current-events/deagel-forecast-for-usa/

    USA will attack China on or before October 15th 2020.,

    https://forum.ascendchina.ch/t/americas-evil-plan-to-nuke-china-as-the-final-solution-to-genocide-all-1-4-billion-chinese-people-on-earth/85

  9. Rik on Mon, 7th Sep 2020 4:24 pm 

    Riyadh should be under a heatwave (130 degrees Fahrenheit).

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