Category: Coronavirus

New ‘Tank Man’ Takes Down the CCP…

Tina Marie (Ms. Cat)

Oct 16, 2022 – Last week someone put a banner in prominent location in Beijing and lit some gasoline to attract police and firefighters. Is that a student protest inspired by protests in Hong Kong? Or rather a protest planned by the same people who also instructed and paid some of the students in Hong Kong? Or is it an CPC-internal intrigue even? Hear my analysis and let me know what you think.

Who is behind that protest banner in Beijing? via Harald in China

…or maybe not, but the MSM hoped it would.

Related:

Tiananmen Square

Saudis say US sought 1 month delay of OPEC+ production cuts

Tina Marie (Ms. Cat)

DUBAI, United Arab Emirates (AP) — Saudi Arabia said Thursday that the U.S. had urged it to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month. Such a delay could have helped reduce the risk of a spike in gas prices ahead of the U.S. midterm elections next month.

Saudis say US sought 1 month delay of OPEC+ production cuts

Related:

Saudi Arabia Defied U.S. Warnings Ahead of OPEC+ Production Cut

The one-month delay requested by Washington would have meant a production cut made in the days before the election, too late to have much effect on consumers’ wallets ahead of the vote.

…

To entice the Saudis to delay their decision, U.S. officials told the kingdom they would buy oil on the market to replenish Washington’s strategic stockpiles if the price of Brent, the main international benchmark, fell to $75 a barrel, according to U.S. officials and people inside the Saudi government.

Quid pro quo, huh?! 🧐💭

The New York Times Discovers Biden’s A Liar

Tina Marie (Ms. Cat)

By Tim Graham

The New York Times is signaling that they’re not wild about Joe Biden running for president again. Suddenly, they announced his statements are routinely un-factual. He’s a habitual liar. Why is this discovery emerging now?

The online headline of their October 11 story was: “Biden, Storyteller in Chief, Spins Yarns That Often Unravel: President Biden has been unable to break himself of the habit of embellishing narratives to weave a political identity.”

The New York Times Discovers Biden’s A Liar

H/T: Calculus of Decay

White House Leaves Door Open For Additional SPR Releases + It’s Implications

Tina Marie (Ms. Cat)

The White House said on Tuesday that it has many options to counteract OPEC+’s looming production cuts, including the release of even more crude oil from the nation’s Strategic Petroleum Reserves.

White House Leaves Door Open For Additional SPR Releases

Related:

The Implications Of U.S. SPR Withdrawals

Implications of OPEC-+ Production Cut 

I think OPEC has not learned from its past mistakes, as it is not a good time to cut oil production by 2 million bpd in November 2022, especially at a time when global economies are under pressure. While higher oil prices at this juncture may bring much needed oil revenues to (national) oil companies and OPEC members, this will come at the cost of accelerating a global recession, bringing more misery to consumers. Consequently, it will weaken global oil demand and oil prices. Oil prices in the range of $70-$80/bbls at this difficult time could be a win-win situation for both producers and consumers, and shield global economies from collapsing. Consequently, the U.S. should take its own measures to enhance its domestic oil production, encourage EVs and halt further releases of the SPR. Running down the SPR will allow OPEC+ more flexibility to play around with production.

Meanwhile:

U.S. Rig Count Slides Amid Jump In Crude Prices