A few months ago, most of the oil in Venezuela was being sold on the black market to China and others. Venezuela is now a United States partner in the sale of their oil to the world, with refineries in Texas taking the lead.
Trump slammed the door on China on both sides of the Panama Canal. Cost of shipping just went way up for China.
I have a feeling POTUS is going to strike a new deal with Iran to control the Straight of Hormuz jointly and make Kharg Island a "Joint Effort" much like the US and Venezuela. This is another hit to China's oil supply.
In addition, Lloyd's of London and most of the shipping magnate empires with their multi-billion dollar shipping insurance proceeds will all go bye-bye if the Strait is actually safe because the threats from Iran are gone.
Once the dust settles, the US, in addition to our own reserves, will be the greatest oil and gas operator, by far, in the whole world. We may even have Alberta join the fun if they separate from Commieda.
We are watching YUGE power plays world-wide all taking place within weeks and months, not years. For those who used to have control, we say Bye-Bye.
A few months ago, most of the oil in Venezuela was being sold on the black market to China and others. Venezuela is now a United States partner in the sale of their oil to the world, with refineries in Texas taking the lead.
Trump slammed the door on China on both sides of the Panama Canal. Cost of shipping just went way up for China.
I have a feeling POTUS is going to strike a new deal with Iran to control the Straight of Hormuz jointly and make Kargh Island a "Joint Effort" much like the US and Venezuela. This is another hit to China's oil supply.
In addition, Lloyd's of London and most of the shipping magnate empires with their multi-billion dollar shipping insurance proceeds will all go bye-bye if the Strait is actually safe because the threats from Iran are gone.
Once the dust settles, the US, in addition to our own reserves, will be the greatest oil and gas operator, by far, in the whole world. We may even have Alberta join the fun if they separate from Commieda.
We are watching YUGE power plays world-wide all taking place within weeks and months, not years. For those who used to have control, we say Bye-Bye.