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Peak Oil in South & Central America

Peak Oil in South & Central America

(1) Pre-Covid

..Fig 1: Oil production and peak years

Production peaked 2015 due to Venezuela’s production collapse. Brazil’s production has not yet peaked but is unlikely to offset Venezuela’s decline. All other countries together are on a bumpy production plateau for the last 20 years.

Fig 2: Oil consumption peaked 2014

Production vs. consumption

Sorted by net exports (difference between production and consumption)

Fig 3: Venezuela last peak was in 2006, since then net exports are down to 560 kb/d

The US imposed sanctions on Venezuela since 2006 but the oil sector was most hit by E.O. 13808  (Aug 2017) and 13850  (Jan 2019) in which PdVSA properties  under US jurisdiction were blocked and transactions prohibited. https://fas.org/sgp/crs/row/IF10715.pdf

Fig 4: Venezuela’s oil passing through the Indian Ocean?

7 months after leaving the JOSE terminal in Venezuela, crude oil tanker SAINT MARCELLA appeared at anchorage outside PORT LOUIS Mauritius, for servicing/rebunkering by TRESTA STAR. The destination shown by Vesselfinder was S.LINGGI in Malaysia (Straits of Malacca)

This Reuters article reports:
27 Nov 2020

Exclusive: Venezuela resumes direct oil shipments to China despite U.S. sanctions

Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA).

Chinese state companies China National Petroleum Corp (CNPC) and its listed subsidiary PetroChina – long among PDVSA’s top customers – stopped loading crude and fuel at Venezuelan ports in August 2019 after Washington extended its sanctions on PDVSA to include any companies trading with the Venezuelan state firm.

The imposition of the sanctions was part of a push by the Trump administration to oust Venezuelan President Nicolas Maduro, but they failed to completely halt the South American nation’s oil exports or to loosen Maduro’s grip on power.

…click on the above link to read the rest of the article…

River of Trash

RIVER OF TRASH

How Plastic Pollution Is Making Central American Communities Uninhabitable

THE FISHERMEN STAND thigh-deep in the muddy water as our boat pulls up to the shore, grass shushing against the hull. It is a still, cool morning and mist wicks off the river as the sun begins to rise above the trees. Down the beach, a white egret standing in the shallows takes flight in a burst of sound as the fishermen lift their net to reveal its glinting catch. Beside them, half-submerged, a plastic soda bottle noses purposefully past, toward the sea.

As I step onto shore, I notice more bits of plastic lying among the reeds, half-buried in the mud, as well as stained scraps of cloth, bits of packing foam, a single cracked plastic sandal. Just beyond, Guatemala’s Motagua River pours into the Caribbean, carrying with it a daily freight of trash washed out of overcrowded city dumps and unofficial landfills hundreds of miles upstream.

Worldwide, an estimated 80 percent of ocean plastic comes from land as “mismanaged waste.” Indeed, in Guatemala, there are almost no properly managed landfills and virtually no public water treatment plants. The result is a noxious chowder of sewage, industrial and agricultural runoff, and an ever-replenished flotilla of plastic trash, churning out from the river mouth toward the massive Mesoamerican reef, which has long supported rich biodiversity and fishing communities from Cancún to Nicaragua. Now, the beaches here and in neighboring Honduras are regularly buried in artificial tidewrack of toothbrushes, makeup containers, old syringes and bottles of IV fluid, action figures, streamers of plastic film, and foil chip bags.

…click on the above link to read the rest of the article…

Migrant caravan: Foreshadowing the future and reflecting the present

Migrant caravan: Foreshadowing the future and reflecting the present

The march of hundreds of Central American migrants through Mexico has inflamed tensions between the Trump administration and the Mexican government and focused attention on the United States’ southern border.

The ostensible reasons for the march are familiar: The migrants were fleeing corruption, social and political turmoil, and lack of opportunity in their home countries. Many were from Honduras which suffered a coup in 2009 that continues to divide the country politically including during the last election in which supporters of the challenger to the incumbent president claim their candidate was cheated out of a win.

All of this reminded me of Jean Raspail’s novel The Camp of the Saints. In it, impoverished Indians seized hundreds of ships docked in their harbors and set sail to find a better place to live. (The book was published in 1973 when many believed that millions of Indians and other Asians would likely starve in the coming decades due to poor agricultural yields. The full effects of the so-called Green Revolution still lay ahead.)

In the novel, as the seaborne caravan makes its way westward, first to the Suez Canal, where it is repelled, then around the Cape of Good Hope, Europe braces for what it believes is an inevitable invasion of desperate Indians.

A vitriolic debate ensues inside France about whether the country should try to help the Indians or simply repel them.

Raspail, a celebrated author in France, was denounced as a racist when the book was released. His book continues to be a favorite among American white supremacists. And, former Trump advisor, Steven Bannon, is reported to be a fan of Raspail.

…click on the above link to read the rest of the article…

The Honduran Coup’s Ugly Aftermath

The Honduran Coup’s Ugly Aftermath


Imelda Marcos will forever be remembered for her hoard of 3,000 pairs of shoes, an ostentatious symbol of the billions of dollars in spoils she amassed as First Lady of the Philippines. Now shoes are again emerging as a symbol of corruption, this time in Honduras, where prosecutors are investigating allegations that a former first lady improperly purchased, or never distributed, 42,100 pairs of shoes for the poor, at a cost to the state of $348,000.

The allegations are just the latest to surface in a wide-ranging corruption investigation that has reenergized grass-roots politics and triggered a nationwide protest movement in Central America’s original “banana republic.”

Former Secretary of State Hillary Clinton

Every Friday evening for the past three months, thousands of protesters have marched through the streets of Tegucigalpa and smaller cities, carrying torches and signs reading “The corrupt have ripped apart my country” and “Enough is enough.”

The protesters, who call themselves the oposición indignada (the outraged opposition), demand that President Juan Orlando Hernández be held accountable for fraud and graft, which allegedly bled the national health service of more than $200 million to enrich senior officials and finance the 2013 election.

“This is a really historic time in Central America,” said an analyst for the International Crisis Group. “The question is whether this will really turn into a critical juncture in which society, civil organizations, the private sector and political parties can . . . come together in making the best out of this opportunity [to begin] cleaning up our state institutions.”

…click on the above link to read the rest of the article…

 

Olduvai IV: Courage
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Olduvai II: Exodus
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