Why the President released our strategic oil reserves


Houthi* rebels battling Saudi Arabia in Yemen took credit for the drone bombing on Saturday (Sept 14) that took out a chuck of the Kingdom of Saudi Arabia’s oil pipe network and cut supplies by 50%. The President is looking to Iran who has a history of lying about drone attacks. (see video above) In any event, the oil spot price shot up 20% overnight and the President has stepped in to allay fears and prevent shortages by releasing some of the US strategic oil reserve. He has also Tweeted that an armed response could be in the works.

But this is about more than just oil in this asymmetrical war with Islamic radicals. The drone strike may prompt other rebel groups, possibly our own home-grown radicalized terrorists to copy the idea and use drones (they don’t have to be military grade to cause harm) to attack targets here on the US mainland.

*The Houthis, officially called Ansar Allah, are members of an Islamic religious-political-armed movement that emerged from Sa’dah in northern Yemen in the 1990s. They have threatened additional attacks on Saudi oil installations according to their TV Station al-Masirah.