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Tag Archives: venezuela
A Venezuelan’s Guide to Off-Grid Power
A Venezuelan’s Guide to Off-Grid Power My dear fellow preppers: I have used these last few weeks in my freelance work some ingenuity, in order to accomplish some goals. Therefore, I have come to think a lot about how I could provide a roof for mines, if for some reason, God forbid, our coming back […]
Petro-States Face Extinction
Petro-States Face Extinction Petro-states urgently need to begin diversifying their economies, shifting away from oil production, or else they face financial risks in the years ahead. That conclusion comes from the IEA’s new report, “Outlook for Producer Economies,” which warns that a changing energy system threatens the economies of oil-producing countries. The threat comes in […]
The Triumph of Evil
The Triumph of Evil The murder of Jamal Khashoggi inside the Saudi Arabian embassy in Turkey is unprecedented in its audacity. The response from Washington and the Canadian government is to sell more weapons to Saudi Arabia, weapons that are being used by the Saudis in their destruction of the Yemeni population. The Russian response, […]
Russia And China Prepare To Ditch Dollar In Bilateral Trade
Russia And China Prepare To Ditch Dollar In Bilateral Trade In a time when many nations have gone public with their intention to ditch the dollar in part or in whole, in bilateral trade with non-US counterparts, either to prevent the US from having “veto power” of commerce courtesy of SWIFT or simply in response […]
Venezuela Ditches US Dollar, Will Use Euros For International Trade
Venezuela Ditches US Dollar, Will Use Euros For International Trade Venezuela has just taken the next step in its quest to “free” itself from the tyranny of US dollar hegemony. One year after the country said it would stop accepting US dollars as payment for its (ever shrinking) oil exports (saying the country’s state-run oil […]
India Yet To Figure Out Way To Pay for Iranian Oil Imports
India Yet To Figure Out Way To Pay for Iranian Oil Imports India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said on Friday. India’s Oil Minister Dharmendra Pradhan has conveyed the message that his country would continue […]
‘Trump Wants To Have Me Killed’, Says Venezuela’s Maduro
‘Trump Wants To Have Me Killed’, Says Venezuela’s Maduro As the US continues to send not-so-subtle signals that it could be open to a military invasion of Venezuela after a US-supported coup plot involving Venezuelan military officers fizzled, Nicolas Maduro – who only a few months ago evaded a bizarre assassination attempt involving C4-laden drones […]
BP Chief: Saudi Arabia Is Holding Back Production
BP Chief: Saudi Arabia Is Holding Back Production “I think Saudi Arabia does have capacity that can bring to the market,” BP’s chief executive Bob Dudley told CNBC on Wednesday on the sidelines of the Oil & Money Conference in London. “But on the other side of it you have very unpredictable circumstances in Venezuela […]
Venezuela’s Oil Exports Are Falling Even Faster Than Expected
Venezuela’s Oil Exports Are Falling Even Faster Than Expected A delay in port repairs following a tanker collision is putting additional pressure on already pressured Venezuelan crude oil exports, Reuters quoted anonymous sources close to PDVSA as saying this week. It seems that Venezuela’s woes are only multiplying as time goes by, although news from […]
Putin: Trump Is To Blame For Higher Oil Prices
Putin: Trump Is To Blame For Higher Oil Prices Just hours after President Trump implicitly threatened Saudi Arabia with a withdrawal of military protection (a threat that was possibly inspired by OPEC+ ignoring Trump’s demands to raise production at its Algiers meeting last month) Russian President Vladimir Putin said out loud what many oil traders […]
America Is Committing Suicide: Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars
America Is Committing Suicide: Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars If we do not change course, our once great nation will be destroyed by a debt that has grown wildly out of control. We are facing an unprecedented debt crisis that literally threatens to bring our […]
Is Trump Eyeing A Coup In Venezuela?
Is Trump Eyeing A Coup In Venezuela? The Trump administration and some others in the U.S. government have sent some not-so-subtle hints lately that they are open to a military invasion of Venezuela to oust President Nicolas Maduro. “It’s a regime that frankly could be toppled very quickly by the military, if the military decides […]
“The Threat Is With Us Today”: US Powerless Against Weaponized Drone Attacks, DHS Warns
“The Threat Is With Us Today”: US Powerless Against Weaponized Drone Attacks, DHS Warns The Department of Homeland Security (DHS) is asking Congress for more powers to combat against malicious drones that could threaten the US. Top intelligence officials are increasingly concerned about the use of transporting narcotics via drones by drug cartels and weaponized […]
“No One Will Stop Us” – Venezuela’s Maduro Slams Trump’s UN Speech Which Hinted At Coup
“No One Will Stop Us” – Venezuela’s Maduro Slams Trump’s UN Speech Which Hinted At Coup During his Tuesday UN General Assembly address President Trump held nothing back in terms of excoriating the socialist pariah state of Venezuela and leader Nicolas Maduro. “Not long ago, Venezuela was one of the richest countries on Earth,” Trump said. “Today, […]
$100 Oil Is A Distinct Possibility
$100 Oil Is A Distinct Possibility An oil price spike is starting to look increasingly possible, with a rerun of 2008 not entirely out of the question, according to a new report. The outages from Iran are worse than most analysts expected, and bottlenecks in the U.S. shale patch could prevent non-OPEC supply from plugging […]
