The White House has released details of the U.S-Venezuela oil deal [SOURCE HERE].
WHITE HOUSE – SECURING STABLE & LOW-COST OIL SUPPLY IN OUR HEMISPHERE: In the biggest oil deal in world history, President Donald J. Trump has secured U.S. majority control of more than 65 billion barrels of proven oil reserves in Venezuela – vastly expanding our current U.S. territorial proven reserves of roughly 46 billion barrels. This deal secures our energy dominance for the next century—all at zero cost to the United States. The deal, signed by Secretary of State Marco Rubio and Secretary of War Pete Hegseth, gives the U.S. government powerful governance rights, economic ownership, and guaranteed low-cost off-take from a new private Venezuelan oil champion, which will be the second-largest private oil company by reserves in the world:
♦ In connection with this agreement, the Venezuelan interim authorities have granted North American Blue Energy Partners (NABEP), a privately held oil company that is the second-largest private Venezuelan oil producer and a proven operator, 100-year concessions for 17 oil fields with proven reserves of approximately 65 billion barrels.
♦ At no cost to the American taxpayer, NABEP has granted the U.S. Department of War’s Office of Strategic Capital a 35% equity stake in its corporate parent, representing up to hundreds of billions in value and dividends for the United States.
♦ NABEP has granted the U.S. Department of State the right to purchase, at production cost, a guaranteed 20% of the off-take from all current and future fields NABEP will operate—ensuring a stable supply of low-cost oil that can facilitate refilling the Strategic Petroleum Reserve (SPR), which Joe Biden depleted to historic lows, and to provide supply for military and other sensitive uses.
♦ NABEP has also granted the U.S. Department of State the right of first refusal to purchase the remaining 80% of its production, providing a guaranteed source of energy in our hemisphere in emergency situations.
♦ The U.S. government has a veto power over the appointment of any member of the board of directors, and a majority of NABEP’s board of directors must be U.S. citizens. NABEP will have reputable U.S. auditors, lawyers, and advisors and the U.S. government’s agreement with NABEP is governed by U.S. law and is subject to the jurisdiction of U.S. courts.
♦ Millions of barrels of new Venezuelan output will be processed through U.S. refineries and pumped with American rigs and infrastructure, supporting billions in investment in the United States and thousands of jobs here at home.
DRIVING ECONOMIC RECOVERY & THE RECONSTRUCTION OF VENEZUELA’S OIL SECTOR: This groundbreaking privatization and investment in Venezuela’s energy sector is a key step in the Trump Administration’s three-part plan of stabilization, reconstruction and democratic transition. Private-sector led growth in production, output, and investment in Venezuela is a key precondition to driving continued reform and democratic transition following the incredible success of Operation Absolute Resolve:
♦ NABEP has developed an ambitious plan to rapidly scale production by investing up to $100 billion in new oil infrastructure in Venezuela, helping to drive economic growth, support thousands of high-paying jobs in Venezuela, and lead to tens of billions in broader economic activity.
♦ NABEP’s concessions are governed by Venezuela’s new hydrocarbons law, adopted with U.S. support, which provides for historic modernization, privatization and development of Venezuela’s lagging oil sector. Under this framework, as it scales production, NABEP will pay an expected $200 billion in royalty and tax payments over the first 25 years, representing critical revenue and fiscal support for current and future Venezuelan governments to fund reconstruction and social development.
♦ After years of underinvestment and mismanagement, the majority of Venezuela’s oil fields are not producing or vastly underproducing. By investing in a proven private operator with a track record of scaling production in the country, who will be able to raise private American capital to fund capital expenditures, Venezuela has a historic opportunity to revitalize its key sector, drive oil output growth, and grow its economy.
♦ The U.S. government’s robust governance and audit provisions, along with the Trump Administration’s banking reform, payment oversight and financial monitorship, will ensure tax and royalty payments are spent in the interests of the Venezuelan people.
♦ The United States is sponsoring reconciliation talks between the 2015 National Assembly and the interim authorities – a process which has already resulted in significant reforms to the Venezuelan judiciary, the release of hundreds of political prisoners, and cooperative efforts to finance reconstruction following the devastating June earthquakes. The process will continue with additional meetings in September.
REASSERTING THE MONROE DOCTRINE & EXPELLING FOREIGN ADVERSARIES FROM OUR HEMISPHERE: The majority of the incremental oil fields to be operated by NABEP were previously controlled or operated by Russian and Chinese firms, or by corrupt cronies of Maduro and Chavez. These malign foreign actors looted Venezuela’s resources for the benefit of American adversaries like Cuba, Russia and China and failed to invest in Venezuela’s infrastructure or development.
♦ President Trump has re-established the Monroe Doctrine, purging foreign malign influence from our backyard and ensuring American dominance in our hemisphere is never again questioned.
♦ By working with both new and old partners, President Trump’s Administration is forging new robust, strategic and defensible supply chains in our hemisphere to support the revitalization of our manufacturing and energy sectors after years of globalist decline.
Sounds good to me.
That makes two of us.
It seems like a good deal for us and a win for Venezuela, too. I don’t know why the WSJ was raging against it yesterday saying it violated Venezuelan sovereignty!
Because the price gauging being conducted vs the US Consumer by the Oil Companies will become even more obvious.
The problem is how to stop it in a lawfare environment and without resorting to direct Price Controls that were a disaster when previously attempted in the 1970’s.
I thought the movie The Big Short correctly described the competence level of the WSJ and their staff and editorial board.
Remember they let September 2008 happen without noticing. And that after all was their job to do.
Good point, and another was the monologue about fair market valuation.
only after securing a net positive bank position in CDO’s.
That was the most brutal take down by Christian Bale’s character of Micheal Berry talking on the phone about fair market value when he started to unload his short position.
His concluding reply of I think you already said it. Was an epic nonresponse of right back at you.
With dumbfounded silence on the other end the phone.
A classic mic drop, so to speak.
Incidentally, the movie played fast and loose with just how by taking a short position truly works into a simple break down.
Essentially to short a stock is to say sell your market position and deposit the cash, and I will give two dollars per share for selling your position. You keep the face value sale price as a hedge marker, but if at the end of term of the short sale contract, if the market value has risen I must pay you the difference to repurchase the stock equity, but if the price goes down, or even if it tanks. You will be quite happy you sold the stock, and the short seller wants a cut of that wise stock market decision.
Yes, I know it does not quite work that way, but it is fair analysis statement of what shorting a stock means.
If wsj was raging… proof it’s a good deal.
If the WSJ wants to rant about the lack of sovereignty they’ve got plenty of good material right in the United States!
Indeed- and, likely a threat to those on the take from what was a corrupt one.
Because the WSJ is irrelevant and has been for years. They have gone woke. Its a POS periodical.
Because the WSJ is a corrupt corporate media entity that is viciously anti-Trump.
WSJ/New York Times/Politico… same BS story, different outlets.
You mean the Wall St Urinal? They’re a British Crown Globalist rag. That’s why!
Over the target…
The WSJ has been complete trash since about 2000 when it began incorporating photos and color in its design…
The Wall Street Journal has not been pro-American since the Murdocks took over.
The Trump administration removed the tyrant and now he’s going to remove the socialism by turning Venezuela into another Guyana-styled economic miracle. Venezuelan voters will swing to the right.
And Trump by taking out Maduro prevented Maduro from attacking and annexing the oil producing part of Guyana. Which Maduro was getting ready to do before his arrest. By taking out Maduro Trump allowed Guyana to prosper due to its oil. Guyana is now the second largest oil producer in South America behind Brazil. Both to be dethroned by Venezuela when Venezuela repairs its brown fields and drills its green fields with the help of US and international oil & gas companies.
I want to be an early investor.
Time to do research.
in the 50s, the 60s, and into the early 70s we ran the old fields in Venezuela and then the communists took over and nationalized everything. read about it.
Go for it. This is basically tar-like sludge that will take years to go through the refining process, which is going to cost a fortune. The majors won’t touch it.
The US will never realize the $6 trillion that supposedly this is worth. Venezuela made out like a bandit.
Old Faithful. Hourly thoughtless regurgitation is impressive.
Sure it is…. you don’t even have a clue buddy.
Venezuelan oil fields primarily produce heavy and extra-heavy crude oil, particularly from the Orinoco Oil Belt, which is known for its high sulfur content and requires specialized refining processes. This type of crude is more challenging and costly to transport and refine compared to lighter grades.
AI generated answer.
P. Trump said it’s the kind of oil we use to pave our roads. I would assume before an any refining process.
Yep our government is just so stupid and inept. We should of elected someone else to run the show. Bden and crew were doing such a great job and Harris was a master negotiator . With tampon timmy as Vp. no telling how great we would have it. Why they were so smart we would of been running the country on fairy dust and bunny farts.
The Bombastic Simpletons have made their mark in history
Fortunately the underwear held
BUNNY FARTS, NO! TOO MUCH CARBON!
Wrong again
Nonsense on stilts.
There are many refineries along the gulf coast that process the heavy sour crude that Venezuela produces. It’s similar to the oil from Canada.
This type of crude produces less gasoline than the light sweet versions like WTI, but you get more diesel and jet fuel as a trade-off.
Incidentally, those heavier fractions like diesel and kerosene are what is in high demand within the US economy.
Spot on.
Incidentally another by product trade-off of refining exceptional heavy crude oil with very heavy sulfur content.
Those coked off evaporates under heavy and intense hydrogen introduction to crack the complex hydrocarbon molecules, eats up many of the complex hydrocarbons that normally would produce diesel and kerosene under less hydrogen introduction refining processes because this process of extracting sulfur and carbon is occurring at much higher temperatures and over longer periods of time.
Another
—“ the sky is falling expert “ —
Although he could be talking about his bathroom habits.
Either way
Except, none of that’s true. So there’s that. We have boots on the ground. We know exactly what’s coming up…
USA already operates 3 refiners in the USA for Venezuela oil. CITGO
Please read with a grain salt. It not personal.
Actually the majors are quite able to refine this called sludge.
The entire American Refining Industry is built on years of refining heavy, sour crude oil.
Let explain the difference of light, sweet crude and heavy, sour crude.
They are oil industrial terms used to substantiate types of crude oil going to refining process.
It is ‘sweet’ because direct refining yields naphtha( gasoline), diesel, jet fuels, home heating oils etc that takes place by heating that generates evaporates and it is light because hydrogenation processes to break down these complex hydrocarbon chain evaporatess into more useful refined petroleum products is minimal.
And it is also light because by molar weight of its lack of tars and sulfur.
Then thereby industry terms. Heavy means it takes energy to coke out these evaporates from the sludge(tars).
Think much higher temperatures to evaporate useful hydrocarbons.
Where do think asphalt comes from, definitely not the grocery store.
Even these evaporates require huge amounts of hydrogenation to break these complex hydrocarbon chains evaporates released by the coke processes pack full carbon and sulfur.
The whole point of hydrogenation is built on understanding the chemistry of hydrogen’s affiniy has for Nitrogen over carbon and sulfur that yields desired refined petroleum products.
So yes, you are right it is a sludge, but it’s also a sludge the American Oil Industry has been able to extract desired refined petroleum products and delivering to the marketplace for nearly a hundred years.
Incidently, the advancements in refining heavy, sour crude has powered the economies of most nations that also look to refining heavy, sour crude oil.
Because of readily available abundance of this so called sludge.
So sure Brent light sweet crude is the benchmark. It is like sipping champagne through a straw.
While heavy, sour crude oil is like sipping a MC Frosty using pantyhose as a straw.
Well put… was looking for a response like this.
The US has been processing sour crude for eons, we know exactly how to make use of it, and I believe we have underutilized production capacity ever since the Venz fields were co-opted by the commies (and other oil-unfriendly edicts and ‘rulings’ foisted upon the industry by the left to hamper things). At this point, that capacity will have to be brought back up to spec I believe, which will take some lead-time, but we can do it for sure.
It’s all a jobs-creator, win-win.
I do however believe there is a real risk of all of this being un-done after Trump’s current term. I would put nothing past a possible future dem presidency to blow this all up and restore Maduro to power. That’s exactly the kind of sick minds they have.
Here’s a great article on US oil majors earning record profits as they fill the world’s demand for diesel and jet fuel because of Trump’s policy of destroying competitors to the US majors. Of course, the Oil Majors are reaping record profits and Americans are paying higher costs as exports explode.
https://sonar21.com/americas-diesel-paradox-a-shortage-it-is-supplying-not-suffering/
Seriously? And 5 people here upvoted this nonsense.
I’m in too !!!!
I was thinking the same thing. Chevron is investing in Venezuelan oil and their stock is on the uptick.
Now expel domestic adversaries from the hemisphere.
I went by the gas depot this day expecting to see sub-$3.00/gallon gas 🤔
How long do you think the “free market” will slow roll the price reduction? The way I see it, since it’s a speculative commodity that now has an abundant source that wasn’t present a few days ago prices should fall and fall quickly.
Chevron has a deal for $1 off per gallon for the first 5 fill ups (up to 25 gallons) for the first 90-days (offer ends 9/30), I was able to sign up using the 2nd line on my phone, boy was it nice paying $2.65. Can’t wait for that to be the norm again (unless you’re from my former state of CA).
Susan Kokinda explains: If the oil is flowing, why are the prices so high?
Yes gas prices are high for now. Personally not complaining though. Bought heavy into energy funds when PDT was elected in 2024. Made more income then Ill ever need in what’s left of my lifetime in just the last 6 months.
should’a bought refiners
By the way I read his comment, ‘Old’ bought well and doesn’t necessarily need investment advise, or second guesses, at this particular time…
Love it ! God bless you !!!
We will hear “but the lack of US refining capacity bla bla bla”, “but the global oil market driving prices bla bla bla”.
$4.19 here with WTI crude up another 5% this afternoon has me holding my breath tapping my foot wondering how it all shall play out.
A true Global reset is happening , I’m enjoying the ride !!!!
just a reminder, we walked down this road in the 50’s, 60’s and early 70s and then they turned and went communist on us and nationalized everything.
Hopefully that motivates us all to do our homework and keep DSA out of DC.
Crude oil comes in a few varieties; sweet, sour, heavy, light, etc. that require slightly different refining techniques. How does the type of oil coming from Venezuela match up with the refineries in the US? Will it be processed here, or will it be traded for oil of a different type sourced elsewhere?
It would be best if most oil is refined here in the US, making us a major exporter of finished products.
Old: Drill, baby drill!
New: Refine, baby refine!
How does the type of oil coming from Venezuela match up with the refineries in the US?
Very well. It’s why we refine alberta’s heavy crude. Our problem is refining the light WT crude. Heavy Venezuelan or Alberta crude is what a large share of US capacity was built and optimized to run profitably.
Chevron, Citgo, ExxonMobil, Marathon, Phillips 66, Valero and others have refineries tuned for this type of crude. It generates less gasoline per barrel but more diesel which will help bring down the price of everything.
Venezuelan oil fields primarily produce heavy and extra-heavy crude oil, particularly from the Orinoco Oil Belt, which is known for its high sulfur content and requires specialized refining processes. This type of crude is more challenging and costly to transport and refine compared to lighter grades.
Good news. And it de-risks Canada for us at an opportune time.
It’s a shame that with all the great work PDJT and his Administration are doing are going to be erased from history after some more stolen elections and we end up in the demonratic-islamic-ccp dark ages….. Charleton Heston’s last words in the Planet of the Apes comes to mind….”damn them all to hell”
Should we also fear “Soylent Green”?
only if it’s still people……….
The price of gas in the USA is still high.
So is the price of food and home utilities.
All this oil coming out of our ying-yangs and very little price change.
Supposedly we don’t get our (USA) oil from the Iranian area of the world.
The mid-term elections are two month’s away.
What’s up?
Vote.
Where I live gas went up almost .25 cents in one day. It is up to $3.99 a gallon. It took me by surprise then I remembered our primary is coming up.
Suffice it to say, the ‘adults’ are back in charge.
Time to have an election in Venezuela.
Then the Venezuelan adults will be buying into this deal. Makes for a more stable future.
Just had an interesting a.i. conversation precisely about this low cost Venezuelan Heavy Crude.
Here is citable factoid.
Venezuelan crude is low cost in only that it discounted in a way that is line with the direct refining processes of benchmark light, sweet crude.
So, yes it cheaper by the barrel, and thus on paper it seems cheaper, but heavy crude requires coker processes and intense hydrogenation processes.
That what the discount is meant to offset.
And, the USA refining capacity has price in this discount into the our refining capacity since most Gulf coast refining capacity is built around refining heavy, sour crude oil.
But please don’t say it cheaper.
That is political BS meant to make a comparison on price only between benchmark Brent Sweat Crude to the commodity set discounted Venezuelan Heavy, sour crude.
Same goes for Canada’s sand, shale oil, the Mexican output, Texas fracked crude extraction.
Did the AI LLM give you it’s sources so you could verify all of it?
I am not a source driven person, I am intellectually active person.
Here is the priming prompt I sent to duckduckgo.ai
“What are some of the refining differences between light sweet crude oil and say heavy crude oil?
Go ahead clip and paste that into a chatbot.
Based on the response. I was able to digest the a.i. response to carry on the conversation.
I do consider myself somewhat of an a.i. power user because I know how to tickle the rib bones of a.i. LLM (Large language Model).
Essentially saying, I understand how the LLM chatbot works.
Which is more or less understanding that a given chatbot’s LLM is a language repacking agent.
It will blow smoke up your a** if you allow it.
You got to understand a language repacking agent, i.e. a chatbot only responds to input.
You got to know how you phrase things into the a.i. conversation that are rudimentary opposite of normal human conversation.
Since only what you type into the a.i. chatbot is only repackage information overload. It is up to you to digest. And unfortunately the pain stake reward for interacting with a chatbot requires digestion of its response and being intellectually activate.
Basically not looking for the cliff-notes easy answer.
You got to know how to put a chatbot off it’s rails. This process entails ackward conversation tones that don’t match up normal human conversation as in, “Who talks that way.”
Best advice think like a programmer when it comes LLM and it’s rails.
So what is a PRIMING PROMPT.
To me it a Natural Language Program.
You as conversationist must put on your thinking cap and remaining intellectual active.
Be curious about the LLM by asking it direct questions about how it works. Read the information response it gives you about its inner workings.
Educate yourself, learn about it.
Ask it to explain all the word salad it spews out.
It is tedious but it only took me a few weeks to become a power user.
It helps to understand the in and outs and the goal is not to get a direct simple answer, so forget trying to get a.i. chatbot to draw a conclusion for you. Learning to speak in hypotheticals, conditioning before asking a direct question.
I been pleasantly surprised in a.i. ability to bring the world to your finger tips by simply being polite, curious and not afraid to challenge it’s information overload in relation to striking a humble tone of human versus a.i.
It is not going to think away from its rails, while you being cognizant, by the sentient fact you are alive are processing things radical different.
Basically don’t let the information overload response of a chatbot blind you that it is some how smarter than you because it can respond in large volumes of words in milliseconds.
While you the end user take long minutes to form thoughts into words.
As a matter of fact clip and paste this entire conversation into a chatbot and ask it to explain what this guy is trying to say about how LLM work. However, before you do so condition the LLM by being human by stating I was reading commentary in a blog.
And, I got this long winded response.
Can you break it down for me because I think this guy is trying to say something about a.i. LLM
A lengthy reply I was not expecting.
I have had a bit of experience with AI using it to debug someone else’s code I was not that familiar with, and wanted to update to run correctly with an experimental software build. It was somewhat helpful with that. As was some some focused searches for other information, so long as I guided it in the right direction.
Flawless it is not, but as a tool it has its uses.
R F was adding a further response to this commentary when my browser crashed and booted me out losing what I written as a further reply.
Which were essentially the next three questions inputed into the chat session, when the chatbot responded with something I did not ask for, but was buried in the information overload.
So after several more questions and responses.
I got to where my active intellect digested a a.i. response that included a mention of price discounts on heavy, sour crude oil buried in the information overload
To which, I replied with this input.
I got your observation on the price discount of heavy crude, the discount essentially prices in the extra costs of refining heavy crude oil such that when apples and oranges comparisons are made.
The yields of useful refined petroleum products strive for a level playing field comparison to direct lined refining vs the extra costs of refining heavy crude.
Yet, it still interesting to explore this emotional reactivity.
—–:::
This where i did not ask a direct question and allowed the a.i. language repacking response agent to reply in the affirmative.
And, the response was informative.
Since several of my previous inquiries input entailed a discussion on emotional perceptions to rising energy cost and the response was…
The chat box response..
—-
Exactly. The discount is the market’s attempt to make the comparison economically comparable—not physically identical. A heavy barrel may cost less at the refinery gate, but the buyer expects to spend more converting it into saleable products. The relevant comparison is therefore the net refined value, not the crude purchase price alone.
The emotional component becomes especially visible because crude prices are highly salient while the offsetting mechanisms are obscure. A headline saying “oil rises $5” is easy to understand; the less visible facts—heavy-crude discounts, refinery inventories, coker utilization, product exports, hedges, and regional supply—rarely receive equal attention.
Several effects reinforce the reaction:
Yah, so I stand by my original post to the CTH on this latest blog installment to comment on.
And, you don’t even want to know where this a.i. session headed when I started to ask about behavioral conditioning and doom scrolling news feeds.
Let just say the conversation turned into a dissertation on the meaning of ‘actionable perceptions’
I did this by playing a little guessing game with the chat bot based on the conservation thus far and asking to it try to guess where I am headed in the conversation.
When asked, “There is another, indirect commodity up for trade in USA that domestic energy market and all its ancillary down streams costs, because energy consumption is tried to so many logistical and manufacturing/procesing requiring use of intensive energy?
Care to venture a guess as to what I may be thinking about, just what is this unspoken commodity that is up for grabs?
It took a bit of reasoning and say nope a couple of times to its responses, but that was not what I am thinking about, care to guess again type of stuff, but eventually the a.i. chat box made a response that I considered over the target.
I then asked the bot to play fill in blank instead of guessing how I was involved this far with the conversation.
Yes, it reads awkward.
But remember I am striving for a conversational tone, one that does not embed the answer or response I am looking for.
It guessed it that the commodity up for grabs was politics and the validation metric of this commodity was the misery index.
Actionable Perception now takes on a whole different meaning.
Something vaguely familiar to us CHT readers.
Fear is a response for the desire of controll.
Not sure if you meant my reply being lengthy or when you pasted that PRIMING PROMPT i initially wrote about heavy crude oil refining and the chatbot reply was lengthy.
Yah, there is much BS in the variety of echo chambers looking for solutions to social discourses.
Not saying group think does not exist, but just imagine intersecting the above observation into a DSA reddit.
It becomes mind boggling to them. Easier, to take the position “End Fossil Fuel Now and promote Actionable Perception Engineering to advance the misery index come this November.
Who are the owners of NAPEB? How did they win this concession? This is a good deal for America. It’s also a very good deal for NAPEB, whoever or whatever that is
There is very little information I could find on who actually owns NAPEB. They are supposedly privately held. But privately held by whom? No info on their website. They appear to be headquartered in Barbados.
So they could be owned by some very rich individuals. Or they could be some hedge fund, or…
I wonder if they are not another In-Q-Tel, in other words a US Government or US IC sponsored front corporation. That would align with NAPEB getting the Venezuela deal and then turning around and giving a huge share to US Department of War and giving control to the State Department.
It’s a plan. But, this cracked me up: “The U.S. government’s robust governance and audit provisions.”
WHAT?
Gotta love public private partnerships. Free market at work
Canada is our back yard. They will be selling oil to the Chinese soon is my guess.
Actually I’m looking forward to how PDJT will implement the Monroe Doctrine when the chicoms take over canada.
and how do you think that will work out for them?
Single largest deal President Donald Trump ever made….and for the country’s benefit not his.
MAGA!
What about nearby oilfields in Guyana and Colombia?
Ok, so i got little bit off on a tangent.
Read below.
However, as I understand this deal. Venezuela, through mismanagement, out right theft of reinvestment into the industry etc . Venezuelan oil was virtual off our domestic import market.
And let’s not stop just here Venezuela nationalized a sector of their economy leaving the reinvestment stake holders holding an empty bag.
So, yes this is a great deal. However given the state of the tour de force of why this is a big great deal for America and Venezuela after nearly two decades of mismanagement.
The fine print even says, two years down the road before Venezuela comes on line with full capacity to export it proven reserves.
So don’t be surprised that little tom thumb in the corner asks, Is the misery index going into November about to ratchet up.
Basically PDJT could set the world aright and the DSA folks will change the equation in Congress.
Only to shoot ourselves in foot on MAGA economics to re industrialize the USA main Street economy.
Don’t think for moment actionable perceptions is not the bread butter of DNC/RNC politics.
Don’t forget for one second that Iran is betting on this to pull their chucks out of the fire.
Friendly panda face China is also quite happy with the actionable perception engineering going on with NIMBY optics towards a.i. data centers as if it is sometype of new fandangle enterprise.
Geeeiz what are these Amazon backed investments called AWS (Amazon Web Services)if not data centers.
Where was the hoopla over AWS expansion of days centers the last three decades?
The list I can make goes on and on when comes it to social media observables.
Increasingly, I come to the conclusion that TDS, trillions at stake rhetoric( basically that unfunded liability just disappears, if millions are planting daisies), and the problem is solved if the USA simply stops pissing off world currency markets by protecting the USA dollar as the world’s currency reserve as the chucks in DC power corridors pretend don’t exist.
Yah, there been a whole lot of rearranging the deck chairs on the Titanic, and maybe that has been whole point of actionable perception engineering.
Setting us for the fall while placing blame not on those that created the problems or refused to face them
but the man in the street as the source. Hence Identity confusion, EDI, the appearnt distinction of Federal Govt, disinvestment of civil order(aka the police, victim blaming into an art form, a judiciary out wack with two tiers of justice, and Lawfare.
It calls into question a whole host questions about when we started to down this road.
Here is factoid, I grew up in the finger lakes region of new state, and in talking to old times, the US forcibly desinvested a very important industry in Endicott Johnson.
Namely the shoe industry and shipped it overseas, by calling them Communist during the red scare of the fifties.
Bet you never heard of that before, how about the textile industry deinvestment on brown lung fears. Also in the fifties.
So globalization deinvestment is not solely the product of the eighties, think rust belt losses in the steel industry or of NAFTA trade policies of the 90’s.
It is almost like the Big Ugly is more about a Big Lie that politicians know about but use as wink, wink currency in the corridors of political power.
Yes, I hope I am wrong.
Pursuance of the Truth says otherwise when you starting asking the right f’ing questions and asserting that your eyes are not lying.
It’s been said America produces the most energy itself
Add access to Venezuelan oil
Seems we should have the lowest energy prices in the world
Wonder what the Saudis pay for their gas
Great image
Would love to see an image of Trump backed by every president save one
WHOPEC – Western Hemisphere Organization of the Petroleum Exporting Countries
So how long with this take to effect gas prices here? 10 years? That is if we win another election. At least it was foreign actors that looted Venezuela’s resources and were stopped by Trump using the the Monroe doctrine. Who is gonna save the US from it’s own home grown crooks looting us.
It is easier to take down A sitting. COMMI leader than it is to get American politicians to agree that national security is important more important than money. There’s more oil in Alaska than Venezuela yet. Alaska just sits there because the politicians are so greedy they want all of the money from the oil. What a strange aspect..
Trumps own belt and road. Xi would be proud.