rgmwa Posted Sunday at 04:23 PM Posted Sunday at 04:23 PM 4 minutes ago, Jerry_Atrick said: II haven't read the article so going by the headline, Chump may be doing democracy a favour? Optimistically wishful thinking, I know. It's generally accepted that Maduro was every bit as bad as his reputation suggested and his demise is welcomed by most of the population. However, Trump is far more interested in getting his hands on Venezuela's oil than in restoring democracy. He will prop up whoever he thinks will facilitate access for American companies to get their hands on the oil reserves. Like Canada, Venezuela has the heavy crude that US refineries are set up to process. The US produces a lighter grade that doesn't suit their refineries and most of Venezuela's current limited output goes to China which is another reason he wants the oil. His biggest problem will be that US companies will be very wary of pouring a lot of infrastructure development money into a country that is politically unstable. Even if they did, it would take years to get a significant increase in production because the existing infrastructure is in such bad shape. 2 1
Jerry_Atrick Posted Sunday at 04:39 PM Posted Sunday at 04:39 PM (edited) Yes.. maybe I should have said unintended consueuence rtaher than [over] olptimistally wishful thinking. Edited Sunday at 04:39 PM by Jerry_Atrick 2
nomadpete Posted Sunday at 07:10 PM Posted Sunday at 07:10 PM (edited) 3 hours ago, Jerry_Atrick said: doming demoicracy a favour? Just trying to interpret.... Doming is a new concept. Did you mean dooming? Anyway, donold has never before done anything that is in the interests of anyone other than himself. 'Tis but another interesting space to watch the unintended collateral damage unfold. Edited Sunday at 07:15 PM by nomadpete 1
nomadpete Posted Sunday at 07:57 PM Posted Sunday at 07:57 PM Sorry to post pics but these, if true, are very sobering. Not so much about 'What He has done now'. It's about war and what he has not done, at this point in time. We might really forget about the Epstein Files? 2
nomadpete Posted Sunday at 08:14 PM Posted Sunday at 08:14 PM Have these idiots not seen Avatar one, two, or three? Or Afghanistan, Vietnam, or Iraq? Foreign invaders seldom get along well with the invaded. Buy more popcorn folks! We all thought it was winding up, but the story has just begun. 1 2
Jerry_Atrick Posted Sunday at 08:35 PM Posted Sunday at 08:35 PM (edited) 1 hour ago, nomadpete said: Just trying to interpret.... Doming is a new concept. Did you mean dooming? Should read doing democracy a favour? Hmmm.. A war about oil? I am getting a sense of dejavu Edited Sunday at 08:35 PM by Jerry_Atrick 2
old man emu Posted Sunday at 09:39 PM Author Posted Sunday at 09:39 PM The actions of the USA in South America have been empire building under the guise of protecting South American countries from becoming parts of the empires of European countries. It all stems back to what is caled the Munroe Doctrine of 1823. I am short of time this morning to post about the Monroe Doctrine and history arising from it. I'll post something tonight (5/1/26). 2
red750 Posted Sunday at 09:51 PM Posted Sunday at 09:51 PM What will Xi do now that Trump is taking the Venezuelan oil? 1
red750 Posted Sunday at 09:58 PM Posted Sunday at 09:58 PM Hang onto your hat.... https://www.express.co.uk/news/world/2153211/venezuela-live-trump-russia-WW3#Echobox=1767514718
red750 Posted Sunday at 10:08 PM Posted Sunday at 10:08 PM https://www.express.co.uk/news/world/2153243/China-Trump-message-after-Venezuela-attack#Echobox=1767520901
onetrack Posted yesterday at 01:02 AM Posted yesterday at 01:02 AM Trump has invaded Venezuela simply because Chavez nationalised multiple billions of U.S. oil companies assets when he was in control. These billionaires running the oil companies are Trumps main backers, and they want their oil assets back (and the oil output and revenues of course), and everything else is just incidental. Trump and his lackeys will simply install a puppet who supports Trump and the U.S. oil companies, and the puppet will ensure the armed forces of Venezuela will keep the civil protests under control - because they're "the enemies of the countrys democracy". We're right back to the "good ol' boys" 1950's style of world domination! And don't forget, we've got a World War going with all those Christian-hating Muzzies, too! One can only hope Russia moves a heap of war materials and armed support to Venezuela, thus hampering their current efforts in the Ukraine. Zelinskyy supports the Trump move into Venezuela, now I know why. 2
rgmwa Posted yesterday at 01:46 AM Posted yesterday at 01:46 AM Well, at least we know how Trump sees South America - simply as the southern part of North America with the Gulf of America in the middle. 2
red750 Posted yesterday at 08:03 AM Posted yesterday at 08:03 AM Looks like he may have made the biggest mistake of his life. Bolt the doors and batten down the hatches.... https://www.express.co.uk/news/world/2153402/russia-warns-trump-venezuela-ww3#Echobox=1767555655
onetrack Posted yesterday at 08:16 AM Posted yesterday at 08:16 AM The Express is extremely alarmist, and nothing sells news like saying WW3 is upon us. Putin is too smart to confront the U.S. directly, and he'll find a way to undermine the Americans efforts in Venezuela. 3
nomadpete Posted 18 hours ago Posted 18 hours ago Firsty, I don't think The Bloody Fool Has Started a War. He has caused some damage and some deaths, and abducted their president. He has not actually changed the government - under their constitution, the VP steps into the president's shoes. And the administration carries on. I have not yet heard about a plan to restructure government, hold a fair election, or set up a new oil oligarcy. Ad if donold thinks it will hurt china by interrupting one of their oil sources, he's too late. China has done a lot of homework in south america. They are smart enough to diversify their trading options. 2
facthunter Posted 18 hours ago Posted 18 hours ago Trusting proven Idiots, liars and bullies has no future. This Immature CLOWN thinks he can Micro Manage THE WHOLE WORLD by Force. Nev 1
red750 Posted 18 hours ago Posted 18 hours ago 34 minutes ago, nomadpete said: some deaths Present count about 80. 1
nomadpete Posted 18 hours ago Posted 18 hours ago 8 minutes ago, red750 said: Present count about 80. Compared to previous US invasions of sovereign states, I almost class that as precision. They must have outsourced their attack skills. 1
nomadpete Posted 17 hours ago Posted 17 hours ago What worries me about USofA's imperialist expansion, is what the US does next. Why did they send ten C17's to Britain, yesterday? Is this a logistics backup for their next military move? 1
onetrack Posted 15 hours ago Posted 15 hours ago The C-17's are heavy lift aircraft carrying tactical equipment to Britain, quite likely preparing for an operation such as intercepting oil tankers carrying Russian oil. Don't forget, DT, and his backers, have a major interest in ensuring America once again dominates the world oil market. I've been a little confused about the role Venezuelan oil plays in the world oil market. The initial information was that Venezuelan oil plays only a tiny part amongst the global oil producers, around 2% of world production. So the global oil traders simply shrugged off any impact on their trading from the Venezuelan invasion by the U.S.. But the true picture is, that Venezuelas oil reserves are the worlds largest, bigger than any Arab nation, including Saudi Arabia. What is even better, their oil is heavy, sour crude, which is what U.S. refineries are designed to treat. Canadian and Venezuelan crude are the primary feedstocks for these refineries. But the Canadians are looking to curtail U.S. sales of their crude, and to sell it elsewhere, thanks to Donalds trade war with Canada. The Venezuelans are sitting on 303 BILLION barrels of oil reserves, but their oil pumping efforts are pitiful, obviously due to lack of American oil money. Donald is all set to fix that. The problem is though, Donald probably thinks he can even control the global oil price by grabbing all the Venezuelan oil - but it doesn't work that way. He's getting set to drill and pump and flood the global oil market with lots of oil, at a time when global oil consumption has plateaued, and it's highly likely oil consumption will start on a path of decline, as the EV's and renewable energy projects continue to increase. This will tend to reduce the global oil price. However, OPEC still controls global oil prices to a very large degree, and they may cut production a little to keep the price up. No doubt Donald even thinks he can increase global oil consumption by encouraging and ramping up IC-engine production, particularly in the U.S. - but I personally think that's going into fantasy land. 2
old man emu Posted 15 hours ago Author Posted 15 hours ago The Chairman of the NRMA was quoted today saying that we can expect petrol prices to drop to about 2020 levels simply because there is a it of a glut in the market. He did not atach the cause of that glut to Trump's latest actions. Perhaps EVs are causing a drop in demand, or maybe Trump's tariff attacks on oil producers are causing the producers to sell in other markets. If the USA cannot meet its own domestic demand for sour crude, then we might see lots of Yank tanks abandoned on the side of the road. Look out for the Amish to take over long haul transport!! 3 1
rgmwa Posted 12 hours ago Posted 12 hours ago Venezuela's current production is only about one million barrels per day, which is a drop in the bucket and certainly won't bother China very much. Estimates are that to get it up to even 1.5m bpd would cost about $7 billion and take 2 years. Chevron is the only major US producer with a significant footprint in the country, and Trump can't simply order other US producers to move into a politically unstable country and spend billions of dollars ramping up production as he claims, even if they are led by his cronies. At the end of the day they have turn a profit for their shareholders, and even if Venezuela is sitting on 303 billion barrels of oil, which the US doesn't own anyway, time is not on Donald's side in getting his hands on it in his political lifetime. At the end of the day, they may have Maduro in jail but not much else to show for their efforts. 2 2
facthunter Posted 9 hours ago Posted 9 hours ago They are ONLY "other"" People MONEY/OIL is what counts. An earlier Post. Sorry. Nev
facthunter Posted 9 hours ago Posted 9 hours ago The Oil price is not high enough for the US to "Drill Baby Drill" Pennsylvanian Oil was the USA's Best for Lube oil. Nev
old man emu Posted 8 hours ago Author Posted 8 hours ago I wonder what law was alleged that Maduro has broken. He has been indicted in a US Court, but what is the jurisdiction of that law? Here is the indictment. https://www.justice.gov/opa/media/1422326/dl The last few ages nominate the actual part of a law that it is alleged to have been broken.
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