Scott Posted November 27, 2022 Posted November 27, 2022 Washington CNN — The US has granted Chevron limited authorization to resume pumping oil from Venezuela following the announcement Saturday that the Venezuelan government and the opposition group have reached an agreement on humanitarian relief and will continue to negotiate for a solution to the country’s chronic economic and political crisis, including a focus on the 2024 elections. A senior Biden administration official described Saturday’s announcements as “important steps in the right direction,” but noted that there is still much to be done as both parties work toward a more permanent solution to the ongoing crisis. The official also highlighted the license’s limited nature saying that they do not expect this to have a tangible impact on international oil prices and that the move is intended as an inducement for the negotiations – not a reaction to high global oil prices. https://www.cnn.com/2022/11/26/politics/us-chevron-venezuela-oil-agreement/index.html
candide Posted November 27, 2022 Posted November 27, 2022 When the need to reduce global inflation meets humanitarian concerns! ????
Popular Post Hanaguma Posted November 28, 2022 Popular Post Posted November 28, 2022 Great idea Joe- more gas from a socialist dictatorship with ties to Russia, no increase in the US. 1 1 1
Popular Post Chomper Higgot Posted November 28, 2022 Popular Post Posted November 28, 2022 3 hours ago, Hanaguma said: Great idea Joe- more gas from a socialist dictatorship with ties to Russia, no increase in the US. Oil is a commodity, more oil anywhere in the global market reduces the price of oil across the global market. Well done Joe. 3
Popular Post candide Posted November 28, 2022 Popular Post Posted November 28, 2022 4 hours ago, Hanaguma said: Great idea Joe- more gas from a socialist dictatorship with ties to Russia, no increase in the US. The U.S. are already a net exporter of energy. The issue is now to reduce global prices and also to reduce the dependence of other countries from Russia. So it's quite a good idea. 3
riclag Posted November 28, 2022 Posted November 28, 2022 4 hours ago, Hanaguma said: Great idea Joe- more gas from a socialist dictatorship with ties to Russia, no increase in the US. Maduro’s number one ally , vlad is. The hypocrisy reeks! “Venezuela’s socialist leader, Nicolás Maduro, is Russian President Vladimir Putin’s top ally in Latin America. But reducing the world’s dependance on one autocrat’s energy supplies could mean turning to another’s instead”. https://edition.cnn.com/2022/03/08/politics/joe-biden-saudi-arabia-venezuela-iran-russia-oil/index.html 1 1
candide Posted November 28, 2022 Posted November 28, 2022 25 minutes ago, riclag said: Maduro’s number one ally , vlad is. The hypocrisy reeks! “Venezuela’s socialist leader, Nicolás Maduro, is Russian President Vladimir Putin’s top ally in Latin America. But reducing the world’s dependance on one autocrat’s energy supplies could mean turning to another’s instead”. https://edition.cnn.com/2022/03/08/politics/joe-biden-saudi-arabia-venezuela-iran-russia-oil/index.html Realpolitik on both sides. Venezuela needs money, and the U.S. wants to reduce global oil prices, and also the world's dependence on Russian oil.
placeholder Posted November 29, 2022 Posted November 29, 2022 18 hours ago, riclag said: Maduro’s number one ally , vlad is. The hypocrisy reeks! “Venezuela’s socialist leader, Nicolás Maduro, is Russian President Vladimir Putin’s top ally in Latin America. But reducing the world’s dependance on one autocrat’s energy supplies could mean turning to another’s instead”. https://edition.cnn.com/2022/03/08/politics/joe-biden-saudi-arabia-venezuela-iran-russia-oil/index.html And what strategic significance is there in the fact that "Nicolás Maduro, is Russian President Vladimir Putin’s top ally in Latin America"?.
placeholder Posted November 29, 2022 Posted November 29, 2022 18 hours ago, riclag said: Maduro’s number one ally , vlad is. The hypocrisy reeks! “Venezuela’s socialist leader, Nicolás Maduro, is Russian President Vladimir Putin’s top ally in Latin America. But reducing the world’s dependance on one autocrat’s energy supplies could mean turning to another’s instead”. https://edition.cnn.com/2022/03/08/politics/joe-biden-saudi-arabia-venezuela-iran-russia-oil/index.html Actually, There's a country that is a far more important ally to Putin than Venezuela. It's called Saudi Arabia. What do you suggest be done about that? How about encouraging more oil to be produced elsewhere to depress the price of oil? Like maybe encouraging production in Venezuela? 2
KhunBENQ Posted November 29, 2022 Posted November 29, 2022 Venezuela has the highest known oil reserves in the world followed by Saudi Arabia. Now you can decide which barbarian or socialist/communist regime you prefer to make business with. For Venezuela there is a chance to get rid of the terrible mismanagement. What's your perspective for Saudi Arabia? 1
nauseus Posted November 29, 2022 Posted November 29, 2022 On 11/28/2022 at 6:02 PM, candide said: The U.S. are already a net exporter of energy. The issue is now to reduce global prices and also to reduce the dependence of other countries from Russia. So it's quite a good idea. Not any more. https://www.eia.gov/todayinenergy/detail.php?id=51338
Popular Post Chomper Higgot Posted November 30, 2022 Popular Post Posted November 30, 2022 On 11/28/2022 at 6:35 PM, riclag said: Maduro’s number one ally , vlad is. The hypocrisy reeks! “Venezuela’s socialist leader, Nicolás Maduro, is Russian President Vladimir Putin’s top ally in Latin America. But reducing the world’s dependance on one autocrat’s energy supplies could mean turning to another’s instead”. https://edition.cnn.com/2022/03/08/politics/joe-biden-saudi-arabia-venezuela-iran-russia-oil/index.html It’s called Realpolitik. Hypocrisy is bleating about gas prices, blaming Biden for gas prices and then moaning when he takes action to reduce gas prices. 4
placeholder Posted November 30, 2022 Posted November 30, 2022 1 hour ago, nauseus said: Not any more. https://www.eia.gov/todayinenergy/detail.php?id=51338 Sure about that? Those are figures for petroleum.They don't take into account natural gas. US becomes world’s top exporter of liquefied natural gas https://edition.cnn.com/2022/01/05/energy/us-lng-exports/index.html
nauseus Posted November 30, 2022 Posted November 30, 2022 6 hours ago, placeholder said: Sure about that? Those are figures for petroleum.They don't take into account natural gas. US becomes world’s top exporter of liquefied natural gas https://edition.cnn.com/2022/01/05/energy/us-lng-exports/index.html LNG up yes, oil no (down). The Venezuelan route is a strange choice for a president who is supposed to be so caring about the environment. Heavy oil, expensive to refine and not as clean as the US options even then. 1 1
vandeventer Posted November 30, 2022 Posted November 30, 2022 On 11/28/2022 at 1:31 PM, Hanaguma said: Great idea Joe- more gas from a socialist dictatorship with ties to Russia, no increase in the US. Some people can't see the value of oil even when they are standing right on top of if. 2
candide Posted November 30, 2022 Posted November 30, 2022 11 hours ago, nauseus said: Not any more. https://www.eia.gov/todayinenergy/detail.php?id=51338 According to a forecast made in February. Actually, the latest figures show that exports have significantly increased, and It's not only due to natural gas. https://www.eia.gov/todayinenergy/detail.php?id=53999 And production of oil has increased "In the first half of 2022, U.S. crude oil production averaged 11.1 million barrels per day (b/d), up from an annual average of 10.8 million b/d in 2021." https://www.eia.gov/todayinenergy/detail.php?id=54199 1
placeholder Posted November 30, 2022 Posted November 30, 2022 4 hours ago, nauseus said: LNG up yes, oil no (down). The Venezuelan route is a strange choice for a president who is supposed to be so caring about the environment. Heavy oil, expensive to refine and not as clean as the US options even then. Is oil down? What you cited were predictions. What candide cited was facts which don't show production down. But even if it was, that's not what you claimed. You claimed energy production was down. As for using Venezuelan oil, I've got some exciting news for you. There's a war going on. To help win it, some compromises need to be made. America had one very unsavory ally in WW2.
Credo Posted November 30, 2022 Posted November 30, 2022 9 hours ago, nauseus said: LNG up yes, oil no (down). The Venezuelan route is a strange choice for a president who is supposed to be so caring about the environment. Heavy oil, expensive to refine and not as clean as the US options even then. And you think the tar-sand oil is cleaner?
nauseus Posted November 30, 2022 Posted November 30, 2022 4 hours ago, placeholder said: Is oil down? What you cited were predictions. What candide cited was facts which don't show production down. But even if it was, that's not what you claimed. You claimed energy production was down. As for using Venezuelan oil, I've got some exciting news for you. There's a war going on. To help win it, some compromises need to be made. America had one very unsavory ally in WW2. Not predictions,
nauseus Posted November 30, 2022 Posted November 30, 2022 10 minutes ago, Credo said: And you think the tar-sand oil is cleaner? US oil is.
candide Posted November 30, 2022 Posted November 30, 2022 31 minutes ago, nauseus said: Not predictions, Your source was presenting a forecast and was from 18 February, so the content is obsolete already. The title was: EIA expects U.S. petroleum trade to shift toward net imports during 2022.
nauseus Posted November 30, 2022 Posted November 30, 2022 7 hours ago, candide said: According to a forecast made in February. Actually, the latest figures show that exports have significantly increased, and It's not only due to natural gas. https://www.eia.gov/todayinenergy/detail.php?id=53999 And production of oil has increased "In the first half of 2022, U.S. crude oil production averaged 11.1 million barrels per day (b/d), up from an annual average of 10.8 million b/d in 2021." https://www.eia.gov/todayinenergy/detail.php?id=54199 But while it’s true the US now exports more energy than it imports, the nation still relies on foreign oil to some degree for the energy it needs. https://usafacts.org/articles/is-the-us-energy-independent/ 1
candide Posted November 30, 2022 Posted November 30, 2022 18 minutes ago, nauseus said: But while it’s true the US now exports more energy than it imports, the nation still relies on foreign oil to some degree for the energy it needs. https://usafacts.org/articles/is-the-us-energy-independent/ Of course, but It's not because it globally doesn't produce enough. It's because some types of oil (heavier grade) are not frequently found in U.S soil. 1
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