page-loading-spinner
Home The Fat Pipe 10/12/26: It’s Serious, Oil Price Containment About to Fail, Trump’s RUS-UKR Energy Deal, and Grab Bag

The Fat Pipe 10/12/26: It’s Serious, Oil Price Containment About to Fail, Trump’s RUS-UKR Energy Deal, and Grab Bag

Major, critical attacks occurred this past weekend (and week) on Saudi Arabian oil facilities. Nobody is reporting on it and the Kingdom is mum. The silence is deafening. Things are about to get a whole lot more expensive…

The User's Profile Chris Martenson October 12, 2026
17
placeholder image

You're viewing just the public portion of this content

Become a Peak Insider today and unlock premium content, alerts when Chris takes personal action, and direct access to Chris and other members of our active community of like-minded thinkers.

Happy Monday, everyone.  It was another weekend full of farm activity here.  The freeze dryer is running non-stop, and harvests keep coming in.  I now look forward to winter as a time to finally get the basement/garage organized, and to sit down and plan the year ahead.

But for now it’s a race against the frost to wrap things up.

Next year is going to be challenging, I fear…for everyone.  Why? Because energy = economy, and the energy story is getting worse by the hour.

This Fat Pipe will have more analysis than usual because of what transpired this weekend. You will probably learn more than you ever wanted to know about Saudi oil extraction and processing, but these details are important.


It Must Be Serious

In the Kingdom of Saudi Arabia (KSA) things must be serious because the Kingdom is lying.  It is lying by both omission and commission.

Saudi Arabia is (was) the top oil exporter in the world:

Russia is (was) #2.  Both are under sustained, intentional attack.

Let’s begin with the attacks on KSA’s airports.  Currently, all air traffic to Riyadh’s airport is shut down.  This is a huge deal because without its ports operating normally, the daily needs of life have been either airlifted or trucked in.

Here’s a video from the deadly attack on the main Saudi airport’s Terminal 3:

No planes coming or going at the moment:

The lesson here is that the KSA does not have any effective air defenses left to defend the main capital airport against Houthi missiles.  Which means the entire country is unguarded.

There are rumors that the ruling family is basically in hiding.  Could this be the end of the royal

The rest is exclusive content for members

Become a Peak Insider today and unlock premium content, alerts when Chris takes personal action, and direct access to Chris and other members of our active community of like-minded thinkers.

Community

Top Comment

@cmartenson Thanks so much for this service. I know so much more than the folks around me have a clue about, it really is amazing.
However,...
Anonymous Author by kenwdelong
6
Start Here What Do I Do?