Oct 8, 2022 – OPEC plus has cut oil production and the United States is panicking. But the real worry isn’t about higher oil prices, it’s really about the future of the US dollar. The real fate of the US dollar lies with Saudi Arabia. Here’s what you must know about the Petrodollar. You must watch this carefully.
The Truth Behind The OPEC Cuts – It’s All About The Dollar! via Sean Foo
Tag: Crude Oil Exports
White House rules out ban on natural gas exports this winter
White House rules out ban on natural gas exports this winter
“Americans for years enjoyed low price natural gas,” said Mark Wolfe, head of NEAD. “I am afraid that era is now over.”
Israel, Biden and the 2022 midterms
Israel, Biden and the 2022 midterms
The wear and tear suffered by Biden after the fiasco in Afghanistan, runaway inflation and the possible entry into recession of the economy next year after the war in Ukraine, could lead to the Republican victory in the midterm elections of 2022 that would anticipate a triumphant return of Trump in the 2024 Presidential elections and what would be a paradigm of the recent Republican victory in the State of Virginia. Thus, after the fiascoes in Syria, Libya and Iraq, Iran would be the new bait for the Anglo-Jewish plan of the Machiavellian Plan outlined by the Anglo-Jewish Alliance in 1960 to attract both Russia and China and provoke a great regional conflict that will mark future of the area in the coming years and that it would be a new local episode that would be framed in the return to the recurring endemism of the US-Russia Cold War. This conflict could involve the three superpowers (USA, China and Russia) counting as necessary collaborations the regional powers (Israel, Syria, Egypt, Jordan, Saudi Arabia and Iran), covering the geographical space that extends from the Mediterranean arc (Libya, Syria and Lebanon) to Yemen and Somalia, with Iraq as the epicenter and recalling the Vietnam War with Lindon B. Johnson (1963-1969).
Saudi Arabia Controls North America’s Largest Oil Refinery
When US Lifted Ban on Crude Oil Exports in 2015, CNN Said Exports Wouldn’t Skyrocket Anytime Soon [2018]
By Chris Agee
March 29, 2018 at 9:50am
A 2015 decision to reverse a decades-old ban on exporting U.S. crude oil has coincided with a steep spike in global shipments not predicted by some experts at the time. For 40 years beginning in 1975, the majority of domestic oil production was barred from exportation under the Energy Policy and Conservation Act, a reaction meant to give the U.S. some control over its supply amid shortages and drastically increased prices. Though some oil was exempted by the U.S. Department of Commerce during those years, exports remained low until Congress reversed the act just over 2 years ago. In the wake of that December 2015 decision, a number of analysts predicted the move would have a limited impact on the shipment of oil from the U.S. to ports around the world. A CNN article published the following month cited several of those opinions.
Ms. Cat’s Chronicles 