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Topic: Energy Crisis 2.0 in the New World Order era - page 8. (Read 2734 times)

hero member
Activity: 2338
Merit: 757
Top-tier crypto casino and sportsbook
In today's world, you can expect anything from some countries, even things that are not logical and seem blatantly wrong Smiley

The only thing I disagree with is that Russia and China are ARTNERS. For China, Russia is just a tool that China can use to "test" or perform some actions that may be painful to the performer. Like a stick to poke a hive of wasps with Smiley China is a pragmatic and cynical country, which in my opinion does not use the concept of "friendship" or "partnership" in international politics and international relations. China is only interested in personal gain. But this is my personal opinion
This is neither new nor an amazing discovery. Did you previously believe in loyal friendships between countries? As a politician once said, “There are neither permanent friends nor permanent enemies, there are permanent interests.”
Russia is exploiting its alliance with China on the basis that they have a common enemy (America, NATO, and the West), and China is taking advantage of this friendship on the basis of the same basis to serve its interests in other ways. It is the same thing that America does when it involves its allies in a war in which they are the most affected, and here I mean the Ukrainian war.
International relations in general are like an ongoing, non-stop cold war. As it is known, “In war and love, anything is permissible.”
legendary
Activity: 3472
Merit: 10611
In today's world, you can expect anything from some countries, even things that are not logical and seem blatantly wrong Smiley

The only thing I disagree with is that Russia and China are ARTNERS. For China, Russia is just a tool that China can use to "test" or perform some actions that may be painful to the performer. Like a stick to poke a hive of wasps with Smiley China is a pragmatic and cynical country, which in my opinion does not use the concept of "friendship" or "partnership" in international politics and international relations. China is only interested in personal gain. But this is my personal opinion
Your biggest problem that blinds you to a lot of the facts of this world is your racist tendencies and your hatred of the civilized east. This is most clear in this post of yours. You support US while bashing China while they both are two sides of the same coin! A lot of what these two countries do are exactly the same too! Like (ab)using other countries to fulfill their own interests.

In fact in this world 99% of what you see as "alliance" is just a coalition. Like NATO Wink
legendary
Activity: 3752
Merit: 1864
I know it's debatable, and I know that I could definitely be wrong with that mere shower-thought, BUT if China and Russia's real objective is to weaken the United States' empire and their politicial strongholds, THEN the time to attack them is NOW, through a proxy war or a direct war. To force the United States into making the wrong set of monetary policies to pay for their war.

The U.S. needs to issue "War Bonds" to fund the war, but the problem - They can't turn on the money printer to buy those bonds (hyperinflationary), and because of the current risks, no foreign country would be stupid enough to buy those bonds unless yields are high enough (unstable economy), WHICH also needs the money printer to pay interest on those bonds.

In today's world, you can expect anything from some countries, even things that are not logical and seem blatantly wrong Smiley

The only thing I disagree with is that Russia and China are PARTNERS. For China, Russia is just a tool that China can use to "test" or perform some actions that may be painful to the performer. Like a stick to poke a hive of wasps with Smiley China is a pragmatic and cynical country, which in my opinion does not use the concept of "friendship" or "partnership" in international politics and international relations. China is only interested in personal gain. But this is my personal opinion
legendary
Activity: 2898
Merit: 1823
China as an "outside observer" without "some" involvement wouldn't make them an ally of Russia, Iran, and the other nation-states that are starting show increased aggressiveness against the United States and its allies. Because if China isn't involved, then they're the next target for both the U.S. AND Russia.

Plus, of course from China's viewpoint, it's not going to be a direct military war. It's a financial war. The United States is in a monetary dilemma. They need to turn on the money printer to pay the debt and to have capital or the wars, but that would risk hyperinflation. China, Russia, and its allies will attack the U.S. where it will truly hurt =high Crude Oil prices/Oil embargo 2.0.

Russo-Sino Plan might be to,

- Provoke war for the United States, Israel, and its allies in the Middle East
- Unite muslim countries/high Crude Oil producing states from OPEC against the U.S., including Saudi Arabia
- Start Oil embargo against the U.S. and its allies

Plus to anyone who needs Crude Oil, just join the Russo-Sino alliance.

Very interesting idea, or even scenario. A sort of "1973 oil crisis. 50 years later."

It's theoretically possible. But in my opinion, it's more of a no than a yes. Let me explain.
In '73, there was a real confrontation between "two different worlds" that had nothing in common. The interconnection of economies, politics, and other things had an almost ethereal connection....
Although...what is exactly the same is the trigger that led to the crisis. Then a "group of aggressive anti-Semites" decided to attack Israel...ended up getting a brutal response, after which they "sat on their asses, among their destroyed armies". By the way, the USSR, as an ideologue of some currents, also participated there, but already in those times habitually said "we are not there" Smiley
Now the situation is almost identical, only the composition of the "group of aggressive anti-Semites" is different.
But not only the composition has changed. Attitudes, dependencies,.... Those who have "nothing to lose" (Iran, Russia, etc.) who have big internal and external problems are ready to "play war", at the expense of reducing the tension inside (from conscription to the front/slaughter, to repression of those who are dissatisfied with the authorities - "we have a holy war, and you behave like this!"). But other countries are not ready to destroy the world that they have built over the last 50 years, built economies, interconnections, beautiful cities and gave the people of their countries a happy and future-oriented life.  That is why today, a significant part of the Middle East countries, which have a significant weight in the oil market, categorically do not want war - it will destroy their countries. and the fires understand this very well. No, they do not support Israel, but they will not go along with terrorist fanatical groups either. So there will be no support for the "entire Middle East"...And without that, there will be no repeat of the 1973 Oil Crisis. 50 years later." The maximum that will be enough is a SIGNIFICANT localized conflict involving Lebanon, Pakistan, Iran on one side and the US and some other countries on the other.

The only problem that can really create problems is an externally controlled and directed "Arab revolt in the EU". The people there have really played the game of tolerance and kindness, and now they will get a slap on the head for it, from those who were sheltered. Yeah, that's bad. But I hope it will be a good lesson and will push to take unpopular, but NECESSARY decisions (for a long time, by the way), for the survival of the EU....

 And about China. Yes, China now needs to look for "extraordinary steps" to officially "tighten the screws" on the population, as there is an economic crisis ahead. And getting involved in the war in the Middle East, it will have to make a choice - to be on the side of the civilized world, or on the side of terrorist fanatics ? The choice of the second direction is guaranteed to lower the iron shield around China, relative to Western markets. And regional partners are likely to turn away, as they do not remember the word "terrorism" from the best side.... Of course, we can assume that Xi JinPing decided to close the Chinese economy and make it "self-sufficient", but I do not believe in the assumption that he had his brain amputated Smiley)
Yes he will try to "throw wood on the fire", but it will be very careful not to draw much attention to himself as a terrorist collaborator.
The fact is that China and the West (USA) have a "confrontation", but without the USA and its deterrent, China itself will not be able to pull the whole world as a world leader. Plus - China's economy cannot live without Western markets. In a word, it is a symbiosis where both participants bite each other a little, but they will not kill each other as they will die themselves.


I know it's debatable, and I know that I could definitely be wrong with that mere shower-thought, BUT if China and Russia's real objective is to weaken the United States' empire and their politicial strongholds, THEN the time to attack them is NOW, through a proxy war or a direct war. To force the United States into making the wrong set of monetary policies to pay for their war.

The U.S. needs to issue "War Bonds" to fund the war, but the problem - They can't turn on the money printer to buy those bonds (hyperinflationary), and because of the current risks, no foreign country would be stupid enough to buy those bonds unless yields are high enough (unstable economy), WHICH also needs the money printer to pay interest on those bonds.
legendary
Activity: 3752
Merit: 1864
Yes, it is clear that Saudi Arabia will support Palestine. Which country that clearly sees the cruelty of the Israeli Zionists colonizing the Palestinian people for decades with the loss of civilian lives will remain silent? The UN and US even turned a blind eye to this incident.
....

...The Crown Prince of Saudi Arabia, Muhammad bin Salman, ordered his court scientists to “explain to the people” not to “discuss the situation in Gaza,” because “Managers know more and better about the situation” and will “deal with this issue” themselves.
Even he understands that he must avoid Hamas, terrorists, and continue to interact with the civilized world. So.. it didn’t work out with support...

You do know that Arabs are Semites too, right? Smiley

Of course, I know that these are peoples of the same origin, I was not raised on textbooks with fake history and made-up “facts”. So ? Do we consider this an “internal conflict of fraternal peoples” and is this their INTERNAL personal problem? Then why are all sorts of terrorists from nearby territories getting in there, let them decide for themselves what is convenient for them? Smiley Or is this not the case? Grin
legendary
Activity: 3472
Merit: 10611
It really didnt make so much sense to sell the reserves in summer imo, it should be kept for exceptional events and to even out the possible deficit in heating oil and fuel over winter surely.   I realize summer can be higher demand also but I think they have sold into the inflationary figures to try and suppress the worst of that set of price rises as fuel is related to retail and distribution costs.
The situation in US is the result of a series of bad decisions some of which date back at least 4 decades.
Translated into Bitcoin World, imagine someone who has gotten used to shorting bitcoin because price has been dropping for a long time. But that trend is going to change at some point and when it does if that person can not see the change or refuses to accept the change and continues to short bitcoin while price keeps going up, they continue losing their money.

I've been talking about this a lot lately "rules who refuse to accept the world has changed will pay the price". US regime doesn't want to accept that not only it is not the super power of the world but also the regime doesn't want to accept that it is considered a pariah state by the rest of the world.

For example they think they can bring their aircraft carrier group and scare people in the countries they still occupy into remaining silent when US military steals their oil. But the reality is what's been happening over the past year, US military is being attacked by those people and they can't even defend themselves.
 
Now we can start to understand one of the reasons why US started "releasing" its strategic reserves.
For example the 300,000+ bpd they were stealing from Syria is now at about 50,000 bpd and the little they steal is usually attacked and destroyed before they can get it out. This is one of the reasons why US faced an increasing deficit and had to release the reserves to cover it (I believe it was 4.4 million barrels released per day) and they can only do that for about 4 months.
Of course there are other reasons too but this one is usually overlooked which is why I expanded on it.

  They have gone a bit too far if not also increasing production, if you know the reserves will be able to refill with future production increases thats a strategy but if you just sell regardless of any other factors to try and alter a price, its only temporary and the market will rebound will oil higher and maybe more then usual.
US is the biggest oil consumer in the world (more than 20 million barrels per day) and the entire extractable oil the have is only sufficient to cover a little more than 4 years of this kind of consumption. They are also extracting as much as they can and the more you extract, it would make it harder to extract the remainder so the production is expected to fall at some point in the future too.
They already have a big deficit too (between 8 to 10 million bpd) which they cover with imports. When the oil producers like Saudi produce less, when the amount of oil they steal decreases, etc. that deficit grows so they have to release their reserves...

I highly highly highly doubt that they would be stupid enough to even attempt something like that.~
You are right and I said I wouldn't read too much into the threat itself. The point for including it here was to mention one of the indications of the rising tensions in the oil rich region that is going to affect the oil price and consequently everything else, which is the subject we discuss here.
As for the threat itself, it was a necessity because a terrorist organization that owns weapons of mass destruction needs to be reminded that legitimate countries do too.

a "group of aggressive anti-Semites"
You do know that Arabs are Semites too, right? Smiley
legendary
Activity: 3752
Merit: 1864
China as an "outside observer" without "some" involvement wouldn't make them an ally of Russia, Iran, and the other nation-states that are starting show increased aggressiveness against the United States and its allies. Because if China isn't involved, then they're the next target for both the U.S. AND Russia.

Plus, of course from China's viewpoint, it's not going to be a direct military war. It's a financial war. The United States is in a monetary dilemma. They need to turn on the money printer to pay the debt and to have capital or the wars, but that would risk hyperinflation. China, Russia, and its allies will attack the U.S. where it will truly hurt =high Crude Oil prices/Oil embargo 2.0.

Russo-Sino Plan might be to,

- Provoke war for the United States, Israel, and its allies in the Middle East
- Unite muslim countries/high Crude Oil producing states from OPEC against the U.S., including Saudi Arabia
- Start Oil embargo against the U.S. and its allies

Plus to anyone who needs Crude Oil, just join the Russo-Sino alliance.

Very interesting idea, or even scenario. A sort of "1973 oil crisis. 50 years later."

It's theoretically possible. But in my opinion, it's more of a no than a yes. Let me explain.
In '73, there was a real confrontation between "two different worlds" that had nothing in common. The interconnection of economies, politics, and other things had an almost ethereal connection....
Although...what is exactly the same is the trigger that led to the crisis. Then a "group of aggressive anti-Semites" decided to attack Israel...ended up getting a brutal response, after which they "sat on their asses, among their destroyed armies". By the way, the USSR, as an ideologue of some currents, also participated there, but already in those times habitually said "we are not there" Smiley
Now the situation is almost identical, only the composition of the "group of aggressive anti-Semites" is different.
But not only the composition has changed. Attitudes, dependencies,.... Those who have "nothing to lose" (Iran, Russia, etc.) who have big internal and external problems are ready to "play war", at the expense of reducing the tension inside (from conscription to the front/slaughter, to repression of those who are dissatisfied with the authorities - "we have a holy war, and you behave like this!"). But other countries are not ready to destroy the world that they have built over the last 50 years, built economies, interconnections, beautiful cities and gave the people of their countries a happy and future-oriented life.  That is why today, a significant part of the Middle East countries, which have a significant weight in the oil market, categorically do not want war - it will destroy their countries. and the fires understand this very well. No, they do not support Israel, but they will not go along with terrorist fanatical groups either. So there will be no support for the "entire Middle East"...And without that, there will be no repeat of the 1973 Oil Crisis. 50 years later." The maximum that will be enough is a SIGNIFICANT localized conflict involving Lebanon, Pakistan, Iran on one side and the US and some other countries on the other.

The only problem that can really create problems is an externally controlled and directed "Arab revolt in the EU". The people there have really played the game of tolerance and kindness, and now they will get a slap on the head for it, from those who were sheltered. Yeah, that's bad. But I hope it will be a good lesson and will push to take unpopular, but NECESSARY decisions (for a long time, by the way), for the survival of the EU....

 And about China. Yes, China now needs to look for "extraordinary steps" to officially "tighten the screws" on the population, as there is an economic crisis ahead. And getting involved in the war in the Middle East, it will have to make a choice - to be on the side of the civilized world, or on the side of terrorist fanatics ? The choice of the second direction is guaranteed to lower the iron shield around China, relative to Western markets. And regional partners are likely to turn away, as they do not remember the word "terrorism" from the best side.... Of course, we can assume that Xi JinPing decided to close the Chinese economy and make it "self-sufficient", but I do not believe in the assumption that he had his brain amputated Smiley)
Yes he will try to "throw wood on the fire", but it will be very careful not to draw much attention to himself as a terrorist collaborator.
The fact is that China and the West (USA) have a "confrontation", but without the USA and its deterrent, China itself will not be able to pull the whole world as a world leader. Plus - China's economy cannot live without Western markets. In a word, it is a symbiosis where both participants bite each other a little, but they will not kill each other as they will die themselves.
legendary
Activity: 2898
Merit: 1823
I believe not, unless the U.S. starts drilling the Oil within their own region, WHICH they will never do as a matter of policy, BUT they will start a war, be a direct war or a proxy-war through Israel, to protect the "sanctity" of the Petro-Dollar.


I beg to differ. War in the Middle East will create a lot of problems all over the world. This ranges from real problems in the oil market to mass riots of migrants in the EU countries that gave them shelter.
I'll digress a bit here - a question, tell me, why do you think migrants from Muslim countries do not flee to "native" nearest countries, similar in faith and mentality, and these countries do not accept their brothers" ? It's a question to ponder Smiley

So, the US could probably start a war, but it would not be profitable for them. It would be easier for them to make a deal with Maduro and easily get cheap oil from Venezuela for pennies. So your theory is a bit "lame".....


But I'm not saying the U.S. will start either a direct war, or a proxy war, because they want that. They'll start a war because they are provoked to.

Hamas is an ally of Iran, which, off the record, might be giving financial support to the group. Syria, which has the support of Russia, might join Iran in the provocation of war. And if Russia is allegedly in a war through proxy, the U.S. allies will also join, WHICH will make China join too, because of their economic interests in Russia and Iran.

There's Saudi Arabia, which already showed support for Palestine.

From an economic viewpoint, they have countries against the U.S. and its allies, which are main producers of Crude Oil in OPEC. If they wanted to defeat the U.S. they would use their position as main oil-producing countries as weapon.

What should the U.S. do, what could they do?

- WAR

There's no choice if they are provoked.

Although, China had diplomatic and economic talks with Venezuela, and signed an agreement of building a special economic zone in Venezuela for economy, trade, and technology.
Plus everyone already knows that there's a probability that China and Russia are directing a financial war against the United States, through the Middle East, through Asia, through the Russo-Ukraine war, to weaken the Dollar and therefore also weakening the U.S.

Regarding China. China and its investment and friendship is a gift. I think you don't need to be told about Sri Lanka and Chinese investments. They are trying to do the same thing everywhere. And Venezuela is even more attractive for them, as it is the largest country in terms of oil reserves. Plus, the Chinese economy is in a very difficult state right now and the prospects are not "bright" at all.... They need to look for cheap, highly liquid resources to save their economy. So if I were Venezuela, I would think 10 times before getting involved in "friendship with China".
PS By the way, Russia has also become a raw material appendage for China to save its economy.... But the truth is that Russia is not as useful as one might think Smiley


If there's war in the Middle East that involved China and Russia, which side would Venezuela support? I believe not the U.S.


It's interesting to hear reasoned and thoughtful opinions. Yes, I agree in this context that some forces want to build a world of chaos and lawlessness, failing to fit into the world system and being complex because of their status.
And the attempt to drag the US into a global massacre is a "wonderful idea", which will eventually involve all NATO countries, terrorist groups and "hesitant" countries, etc.

Regarding China - I don't think that they, at least in today's situation, will dare to have a direct military confrontation with the US. On the one hand, for such totalitarian regimes with a troubled economy, war is a "good solution" to internal problems, but.... What will China get out of it? Ruined world economy, ruined China (war always affects the territories of both sides), very difficult decades of recovery and difficult times.
 
I would rather believe in its role as an "outside observer", because for China the weakening of the US and the "global west" by the hands of Russia, Iran and other terrorist states is a more favorable event than a direct confrontation, for which the US and the "global west" will have to fight a war
.


China as an "outside observer" without "some" involvement wouldn't make them an ally of Russia, Iran, and the other nation-states that are starting show increased aggressiveness against the United States and its allies. Because if China isn't involved, then they're the next target for both the U.S. AND Russia.

Plus, of course from China's viewpoint, it's not going to be a direct military war. It's a financial war. The United States is in a monetary dilemma. They need to turn on the money printer to pay the debt and to have capital or the wars, but that would risk hyperinflation. China, Russia, and its allies will attack the U.S. where it will truly hurt =high Crude Oil prices/Oil embargo 2.0.

Russo-Sino Plan might be to,

- Provoke war for the United States, Israel, and its allies in the Middle East
- Unite muslim countries/high Crude Oil producing states from OPEC against the U.S., including Saudi Arabia
- Start Oil embargo against the U.S. and its allies

Plus to anyone who needs Crude Oil, just join the Russo-Sino alliance.


...China... Perhaps that's the seed for Venezuela to later be a military partner?

---cough---Zolfaghar-class missile boats---cough---- Roll Eyes


👀
legendary
Activity: 2086
Merit: 1058
I would assume that its not really as big of a deal as you may think because in the end we are talking about a situation that is a bit more personal and doesn't really need anything big. The world is going towards renewable energy more than ever, and I am sure that there are still things like airplanes and factories that uses diesel as well so I am not saying its going to end anytime soon, but the fact that we have more EV that uses non-diesel options, it is going to be clear that Russia will be less and less needed.

When the supply is there and demand gets low, the price gets lower, Russia will have a supply, but they won't have the same demand, so they will need to lower the price to be able to sell enough, that's the important part. I believe that it is going to be hard to handle it  for them because they depend on their resources to be able to stay powerful, and when their resources do not worth as much, and they are disliked, that is going to end up badly for them.
legendary
Activity: 3752
Merit: 1864
....

I honestly can't understand what you're trying to prove. I'm gonna assume "the U.S. has a problem"? Smiley Well, there aren't any. The decline in oil reserves is due to the situation on the market, when the price went up, and the US had huge reserves, which were sold to the foreign market, on which the US made a great profit.
If you look further into the article you suggested, you will notice that the US started to accumulate oil.

I'll just add a couple of lines to that:

TOP 10 COUNTRIES IN OIL PRODUCTION:
Place Country Million barrels per day Market share
#1 USA 12744 15.8%

TOP 10 COUNTRIES BY OIL RESERVES
Place Country Billion barrels Market share
#1 Venezuela 32.81 18%

LIST OF COUNTRIES BY CRUDE OIL PRODUCTION
Country Period Value Unit of measure Previous value
USA Jul. 2023 12991 BBL/D/1K 12844

This information is quite enough for me to understand what the USA is doing - they earned in the crisis, and not in yuan or rupees, but in dollars, unlike some "fighters against world imperialism" Smiley
Now the U.S. will create comfortable conditions for pumping oil from Venezuela into the market. As a result, OPEC+ and Co. reduce oil production, hoping for a rise in price. If oil rises - USA will benefit as it will control oil from Venezuela. If oil does not grow - the US still benefits, as US+Venezuela oil compensates for the shortfall in OPEC+ oil Smiley)
full member
Activity: 631
Merit: 154
The Parliament of Pakistan just threatened the apartheid Zionist regime occupying Palestine with a nuclear strike. They basically threatened that if the war crimes against civilians doesn't end soon, they will use their nukes! Shocked

I don't want to read too much into this but it is a good indication of the growing global anger that's forming towards the Zionists and the more children the Zionists murder the higher the tensions in the most resource filled region of the world is going to go. Many countries have already kicked them out, some burnt the regime's embassies.

Some are already speculating another rise in the oil market.
I highly highly highly doubt that they would be stupid enough to even attempt something like that. First of all, the whole logic doesn't really make sense, if you hit Israel with a nuke then you kill Palestine as well, all the people there will die, I mean I am not getting into political results of it and all that just yet, I am saying a nuke can't just kill people in one nation and not really bother anyone in the other nation, even if you manage to kill every single human at Israel where are you hitting this that no Palestinian ever dies?

You are killing innocent Arabic people as well, that's the logical problem there. Secondly, if they ever attempt to do that, which they won't, that opens the door to be hit back with a nuke, and that's just killed all of them too, so this makes absolutely no logic.
STT
legendary
Activity: 4102
Merit: 1454
It really didnt make so much sense to sell the reserves in summer imo, it should be kept for exceptional events and to even out the possible deficit in heating oil and fuel over winter surely.   I realize summer can be higher demand also but I think they have sold into the inflationary figures to try and suppress the worst of that set of price rises as fuel is related to retail and distribution costs.
  They have gone a bit too far if not also increasing production, if you know the reserves will be able to refill with future production increases thats a strategy but if you just sell regardless of any other factors to try and alter a price, its only temporary and the market will rebound will oil higher and maybe more then usual.
sr. member
Activity: 812
Merit: 436
There have been a continuous request on giving attention to the effect of energy crisis causing global warming but the government aren't paying much attention to some of the remedies in dealing with these effects because they are still the ones in charge, while they have taken it a responsibility to keep causing alot of FUD on the use of bitcoin energy required for it mining purpose, this is nothing but being inconsiderate enough because they feels this kind of attack can cause a distruct from the bitcoin network if they persist in saying bitcoin energy demand is alarming and also not environmentally friendly.
legendary
Activity: 3472
Merit: 10611
PS in the modern world it is pointless to try to manipulate and twist events through wishful thinking,
If you had said one thing right in your life, this one is it. Facts remain facts whether you like them or not Wink

Thank you for finally realizing the reality Smiley
As I understand it, that’s why they didn’t deny it:
1. The data you provided on US reserves was deliberately provided “from the past”, and my data from “today” reflects reality
2. Russia, North Korea, Iran and some others are international rogue countries
3. “rogue regime in Washington” is simply an attempt to pass off a dream as reality. And the lack of an answer to the key question about the reasons and objects of sanctions remained unanswered on your part, due to the understanding that manipulations will not work, they will easily be defeated by real facts

Thank you, and I am sincerely glad that you are starting to return to a real assessment of events Smiley
Your desperation is amusing Cheesy
You think US regime could magically refill the strategic supplies in a world with a much higher oil demand than the supply over the past year and your whole argument is that the link I posted was old lol. The only thing that has changed from the time of that article to today is that US has released more of its strategic supply and the global supply has decreased more...

Here is another article from this month:
https://www.politico.com/news/2023/10/16/biden-oil-reserve-fuels-00121298
It even has some data with a chart that your desperate mind can fathom easier. BTW the source of the data is a .gov site or in other words it is an official data released by the US government and it is up to date:



Now go back and read this "old" article again:
https://www.reuters.com/business/energy/us-energy-secretary-says-it-could-take-years-refill-oil-reserve-2023-03-23/
While looking at the official data from United States Energy Information Administration:
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W
And see that you were right without even knowing when you said the article is old, US strategic supplies has decreased by another 30 million barrels ever since that article Grin

After you did that, go back and read your own post again, you were more right than you can imagine: "it is pointless to try to manipulate and twist events through wishful thinking" LOL
legendary
Activity: 3752
Merit: 1864
PS in the modern world it is pointless to try to manipulate and twist events through wishful thinking,
If you had said one thing right in your life, this one is it. Facts remain facts whether you like them or not Wink
[/quote]

Thank you for finally realizing the reality Smiley
As I understand it, that’s why they didn’t deny it:
1. The data you provided on US reserves was deliberately provided “from the past”, and my data from “today” reflects reality
2. Russia, North Korea, Iran and some others are international rogue countries
3. “rogue regime in Washington” is simply an attempt to pass off a dream as reality. And the lack of an answer to the key question about the reasons and objects of sanctions remained unanswered on your part, due to the understanding that manipulations will not work, they will easily be defeated by real facts

Thank you, and I am sincerely glad that you are starting to return to a real assessment of events Smiley
legendary
Activity: 3472
Merit: 10611
PS in the modern world it is pointless to try to manipulate and twist events through wishful thinking,
If you had said one thing right in your life, this one is it. Facts remain facts whether you like them or not Wink

...China... Perhaps that's the seed for Venezuela to later be a military partner?
---cough---Zolfaghar-class missile boats---cough---- Roll Eyes

Yes, it is clear that Saudi Arabia will support Palestine.
I'm not so sure we can see any support whatsoever!
For example in the ongoing conflict the only thing Saudi regime sent Gaza was bodybags! that has angered a lot of Arabs over the past week. They haven't even accepted the oil embargo on the apartheid regime which angered Arabs even more!
sr. member
Activity: 882
Merit: 326

There's Saudi Arabia, which already showed support for Palestine.

From an economic viewpoint, they have countries against the U.S. and its allies, which are main producers of Crude Oil in OPEC. If they wanted to defeat the U.S. they would use their position as main oil-producing countries as weapon.

What should the U.S. do, what could they do?

- WAR

There's no choice if they are provoked.


Yes, it is clear that Saudi Arabia will support Palestine. Which country that clearly sees the cruelty of the Israeli Zionists colonizing the Palestinian people for decades with the loss of civilian lives will remain silent? The UN and US even turned a blind eye to this incident.

It's really very sensitive here. Even if a war occurs, I'm also not sure if their quest will be obtained? especially oil resources. What exists will trigger a nuclear war if tensions and provocations continue, in the worst case, many countries will be destroyed as well as the resources they have. This will clearly accelerate pollution and radiation, useless environmental groups and go green campaigns.

It is very unfortunate because the ambition of a group of individuals has to sacrifice many lives and even the balance of the world.
legendary
Activity: 3752
Merit: 1864
I believe not, unless the U.S. starts drilling the Oil within their own region, WHICH they will never do as a matter of policy, BUT they will start a war, be a direct war or a proxy-war through Israel, to protect the "sanctity" of the Petro-Dollar.


I beg to differ. War in the Middle East will create a lot of problems all over the world. This ranges from real problems in the oil market to mass riots of migrants in the EU countries that gave them shelter.
I'll digress a bit here - a question, tell me, why do you think migrants from Muslim countries do not flee to "native" nearest countries, similar in faith and mentality, and these countries do not accept their brothers" ? It's a question to ponder Smiley

So, the US could probably start a war, but it would not be profitable for them. It would be easier for them to make a deal with Maduro and easily get cheap oil from Venezuela for pennies. So your theory is a bit "lame".....


But I'm not saying the U.S. will start either a direct war, or a proxy war, because they want that. They'll start a war because they are provoked to.

Hamas is an ally of Iran, which, off the record, might be giving financial support to the group. Syria, which has the support of Russia, might join Iran in the provocation of war. And if Russia is allegedly in a war through proxy, the U.S. allies will also join, WHICH will make China join too, because of their economic interests in Russia and Iran.

There's Saudi Arabia, which already showed support for Palestine.

From an economic viewpoint, they have countries against the U.S. and its allies, which are main producers of Crude Oil in OPEC. If they wanted to defeat the U.S. they would use their position as main oil-producing countries as weapon.

What should the U.S. do, what could they do?

- WAR

There's no choice if they are provoked.

Although, China had diplomatic and economic talks with Venezuela, and signed an agreement of building a special economic zone in Venezuela for economy, trade, and technology.
Plus everyone already knows that there's a probability that China and Russia are directing a financial war against the United States, through the Middle East, through Asia, through the Russo-Ukraine war, to weaken the Dollar and therefore also weakening the U.S.

Regarding China. China and its investment and friendship is a gift. I think you don't need to be told about Sri Lanka and Chinese investments. They are trying to do the same thing everywhere. And Venezuela is even more attractive for them, as it is the largest country in terms of oil reserves. Plus, the Chinese economy is in a very difficult state right now and the prospects are not "bright" at all.... They need to look for cheap, highly liquid resources to save their economy. So if I were Venezuela, I would think 10 times before getting involved in "friendship with China".
PS By the way, Russia has also become a raw material appendage for China to save its economy.... But the truth is that Russia is not as useful as one might think Smiley


If there's war in the Middle East that involved China and Russia, which side would Venezuela support? I believe not the U.S.


It's interesting to hear reasoned and thoughtful opinions. Yes, I agree in this context that some forces want to build a world of chaos and lawlessness, failing to fit into the world system and being complex because of their status.
And the attempt to drag the US into a global massacre is a "wonderful idea", which will eventually involve all NATO countries, terrorist groups and "hesitant" countries, etc.

Regarding China - I don't think that they, at least in today's situation, will dare to have a direct military confrontation with the US. On the one hand, for such totalitarian regimes with a troubled economy, war is a "good solution" to internal problems, but.... What will China get out of it? Ruined world economy, ruined China (war always affects the territories of both sides), very difficult decades of recovery and difficult times.
 
I would rather believe in its role as an "outside observer", because for China the weakening of the US and the "global west" by the hands of Russia, Iran and other terrorist states is a more favorable event than a direct confrontation, for which the US and the "global west" will have to fight a war.


legendary
Activity: 2898
Merit: 1823
Venezuela could also decide to cooperate with China/Russia and RAISE the price of their oil. The U.S. doesn't have the power of negotiation.

I believe if that happens, then inflation will rise, and Jerome Powell would have to increase interest rates again.


The way you talk about US, it's as if they didn't put dictators on countries back in the 60s or secretly supplied weapons to insurgents around the world, they make you think that they don't have the power to negotiate but their military might and foreign influence isn't really something that anyone can just dismiss, I mean in our country, our last president was a staunch opposition of US having a presence in the country but the joint military exercise was still operational.


I'm not saying that the United States has no power over countries like Venezuela, but it's becoming very probable that their "power"/political stronghold is not as powerful as it was. Venezuela is talking to China as partner in economic and political matters. Perhaps that's the seed for Venezuela to later be a military partner? They're not as scared as they were in the past. Why? Because China and Russia are starting to advance militarily and politically, and their advancing faster today than during the start of the century.
legendary
Activity: 3752
Merit: 1864
I would be very careful comparing the elections in Venezuela and Belarus.
Of course you would be very careful. You'd never bite the hand that feeds you haha...  Grin

Except you, everyone else can see the similarities. In both countries there were riots, triggered by US puppets (Tsikhanovskaya and Guaido) after allegedly "winning" the elections. The US are interested in both countries: Venezuela has oil, Belarus is neighboring Russia. In both cases US puppets ran away after the failed coup: Guaido now lives in Miami, Tsikhanovskaya in the EU. I can go on... Grin

Quote from: DrBeer
Now in Venezuela there will be transparent elections, devoid of primitive propaganda, and people will have a chance to think before casting their vote.  Sometimes you have to learn a lesson for your stupidity..... I think the people of Venezuela will draw conclusions and make the right choice.
Of course, they will. The only right choice. The cookies are ready and waiting...  Grin


Honestly, but I really sometimes have a strong feeling that you are either in an alternate consciousness (let's say strong drugs) or you are just a super infantile boy  Grin. And with learned, methodical slogans that you shove everywhere. Well, plus a huge set of clichés or narratives - "everybody knows", "cookies", ....

PS About puppets, for some reason you forgot to add - Yanukovych, Azarov and others are cowardly sitting in Russia Smiley
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