While U.S. oil output has surged in the past 15 years to surpass rivals like Saudi Arabia and Russia because of the advent of fracking, countries like Venezuela, Saudi Arabia and Canada are among those that are all believed to hold larger untapped oil reserves. ...
In regions like Venezuela and Argentina, Bitcoin adoption is rapidly increasing due to economic instability and high inflation. Bitcoin offers a way for individuals to preserve the value of their wealth, circumventing national currency devaluation. Businesses in these countries are increasingly turning to...
“At $100 a barrel, you’re talking about billions and billions of dollars,” said Abrams, who was also the Trump administration’s special representative for Iran and Venezuela. But Russia’s invasion of Ukraine has also injected new difficulties into the Iran negotiations. During a White ...
Libya, Cuba, Venezuela, Yugoslavia, Belarus, Iraq, Iran, Vietnam, the Soviet Union. Rest in peace. Even FRANCE and JAPAN for God’s sake. What does the United States do when any other country says NO, or simply becomes too powerful, too good at honest competition? Japan was a Western-...
Putting it through an FT plant to make diesel, for example, would lose at least 30% of its initial energy. Natural gas has traditionally traded at the oil price in the US and conceivably might return to close to that level in a tight market. So in the following graph, natural gas in...
“Many oil producers built up huge reserve funds when prices were high, so when prices fall they will draw on their reserves to support government spending and subsidies(补贴) for their consumers.” But not all oil producers have big reserves, In Venezuela, collapsing oil prices have sent its...
Why does the US support the coup against Venezuela and the economic sanctions? Why does the United States put economic sanctions on Sudan? Why didn't the USA put economic sanction on India after Russia defence deal and continue buying Iran oil? Why are economic ...
Venezuela, Russia, Syria, China etc appear different and unrelated when looked at individually, and indeed you will see different political factions supporting some of these agendas but not others. The only thing unifying this slow-motion movement toward the destruction and absorption of all unabsorbe...
June 1997 in The Daily Journal, Venezuela, in an article titled “Puritanism in banking” “If we insist in maintaining a firm defeatist attitude which definitely does not represent a vision of growth for the future, we will most likely end up with the most reserved and solid banking sector...