Venezuela, the shadow agenda.
A documentary by Hernando Calvo Ospina This documentary is not temporary. It will be valid as long as the United States persists in ending the Bolivarian Revolution that is being built in Venezuela, ti seize its immense oil wealth. It is based on interviews with Venezuelan scholars who, in simple and didactic language, tell us a story that the mainstream media insist on hiding or misrepresenting.INVESTIG'ACTION
In the August 2017 documentary, “Venezuela, the Shadow Agenda,” director Hernando Calvo Ospina challenges prevailing corporate media storylines attacking Bolivarian Venezuela and Nicolás Maduro, its president.
Oil is the root and prized goal of the U.S. effort to destabilize Venezuela today. So says Calvo Ospina through interviews with historians, economists, journalists and an oil expert.
How much oil? U.S. Geological Survey says Venezuela has 28 percent of the world’s recoverable oil reserves. According to Carlos Mendoza, Venezuelan oil expert, only 4 percent of the reserves have been developed. Venezuelan oil fields established as long ago as 1913 are still producing half a million barrels of oil per day. Other fields have produced since 1925, 1930 and 1956.
16 comments:
They can all try drinking it maybe?
Petroleum smoothies?
Kaivey,
alternative view (being used by "free traders!" against Trump no less):
https://twitter.com/greg_ip/status/972217487369625600
"An analog to Trump's tariffs: Eisenhower's quota on oil imports in 1959. Venezuela was so upset that it went off and formed OPEC. Not a great win for national security. "
F all of those MFERs... let them go suck on an oil pipe...
Did Eisenhower's quota on oil imports in 1959 have anything to do with the depletion of US in-ground oil in the early '70s, leading to the oil crisis?
It's not an exaggeration to say that geopolitics and geostrategy, from which just about everything else of consequence follows, is about resources and especially energy resources.
This has been the case in the Western world since the 16th century. It led to imperialism and colonialism, which morphed into neo-imperialism and neocolonialism with the winding down of the British Empire and the rise of the American Empire in the 20th century.
Hurry up with harnessing fusion already!
Screw fusion. Solar, wind and efficiency are required. Mass transit instead of 8 mpg diesel pickups driven by teenagers. Small, efficient homes instead of 8,0000 sf vacation houses that are empty all but two weeks of the year (and kept at 70 degrees year round). No more private jets, etc., etc., etc.
Yes Tom we have to get off the oil pronto... but way back when it was all about the gold and silver... maybe today more about the oil...
"the depletion of US in-ground oil in the early '70s, leading to the oil crisis?"
Well it obviously wasnt depleted we have increased production by like 6Mbpd over the last few years to all time highs...
If a cartel is allowed to operate with impunity they undercut the US domestic (non cartel) producers on price and the domestic (non cartel) production never increases because the domestic (non cartel) producers dont get any increases in their orders for more oil...
They (cartel) got too greedy and ran the price up to $150 and then reneged and kicked out the competent US firms and lost their material systems expertise and their production collapsed ... then domestic (non cartel) producers started to get some more orders and domestic (non-cartel) production grew...
f all of these people... Id like to see them all choke on their oil...
The other thing is the way wells are (were?) financed is often a (long) fixed term LLP type organization ... and they cant maintain the pressures properly so you see depletion in the yield.. but since all the $$ go in at the beginning they cant put any more $$ in to maintain yield as the shares are all sold at the beginning and they cant do secondary offerings on the same well... so you have to wait to go in and renovate the well until the term of the original partnership is expired... 20 or 30 years...
Well it obviously wasnt depleted
It was essentially depleted at the time owing to the available tech. Plus, the US was using (wasting) huge amounts on military operations in SE Asia.
US oil didn't come back until the price rose and new tech was developed to get to the hard to mine stuff.
Same with all extraction. The higher quality easier stuff is extracted first and then the lesser quality and more difficult and costly to recover.
And as prices and costs rise, substitutes are also introduced or developed.
So they are busting Trumps balls on the 25% steel thing and there is $1000 of steel in a car... so an increase of $250 on the car..
Ok my daily driver is now 11 years old so $250/11 years = less than $25 per year (and the car is still not worth zero)..
Ok I use about a tank a week which is 16 gallons so you have OPEC run up the price of oil where Im paying $4/gallon now Im paying $2/gal so an extra $32 PER WEEK to those mfers and nobody says a thing...
so less than $25 per year vs. over $25 PER WEEK to the OPEC mfers... and this went on FOR 10 YEARS... which is the problem????
We should drone the next OPEC meeting and just go take the oil for nothing...
For 10 years...
Which on one level is pretty much the program. Make two lists: countries the US has fucked with and countries with oil reserves. Now cross reference them ... Matt you need to learn how to connect dots.
What you drive or pay for gas is irrelevent except to the extent that you'd be happy bombing someone and stealing their oil to get it for free.
No I would like to pay an honest price that leaves the monopoly rent out...
I know you commies would like to but sorry you can’t have it both ways.... rent is rent..
We should drone the next OPEC meeting and just go take the oil for nothing...
Only for the 10 years....
There was obviously $50+ of monopoly rent in a barrel of oil for about 10 years...
Venezuela obviously cannot function without that rent... ie shit hole nation...
If karma is true they are in for a rough 8 or 9 more years still to go...
If the Chinese cut them off its really going to go stone age down there...
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