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Short thread to put the drone attack at Saudi Aramco’s Abqaiq facility in some perspective. 
Abqaiq, located in eastern Saudi Arabia, is the largest crude oil processing facility in the world.
In 2018, it processed roughly half of all of Saudi’s 10.3 million barrels per day (BPD), according to Aramco’s prospectus. That’s roughly 5 million barrels per day, or one in every 20 barrels of oil used worldwide.
The drone attack severely damaged Abqaiq.
The facilities used to process crude were hit.
Aramco says an estimated 5.7 million b/d of crude oil output was taken out by the attacks on Abqaiq and Khurais. saudiaramco.com/en/news-media/…
Abqaiq’s equipment may be difficult to repair. A US inspection team in 2008 noted that Abqaiq used "components which were custom-manufactured several decades ago, in the 1970s, and for which Saudi Aramco may have no replacements or spare parts.” wikileaks.org/plusd/cables/0…
The same cable noted: "Even partial disruption of these production facilities would have an immediate impact on oil supplies and prices, with a likely devastating impact on the U.S. national economy and the global economy as a whole."
Bracing for impact, Trump pre-authorizes releases from the US Strategic Petroleum Reserve.
Initial optimism about swift repairs to Abqaiq is fading. bloomberg.com/news/articles/…
