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JT45242

(3,933 posts)

9. Imagine Iran and Venezuela reserves on the market

Fri Feb 25, 2022, 08:40 AM

Feb 2022

Both of them would end the Saudi and Russian dominance if the supply, and therefore, cost of oil.

Trump pulling out of the Iran nuclear deal just made Putin stronger.

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Venezuela Can Bring Putin to his Knees [View all] douglas9 Feb 2022 OP

at this point HAB911 Feb 2022 #1

K and R..I suspect Biden has been told about this. Could happen soon. Stuart G Feb 2022 #2

Spot market in oil jumped, of course. Oil futures much less. empedocles Feb 2022 #3

I don't think the production can be turned up that quickly nitpicker Feb 2022 #4

Yeah, I think a 20 minute turn around is a bit hyperbolic ToxMarz Feb 2022 #20

This message was self-deleted by its author Mary in S. Carolina Feb 2022 #5

For now obvious reasons orangecrush Feb 2022 #30

Much like the embargo on Cuba, kept in place for decades just to placate and pander to sop Feb 2022 #6

Trump's embargo continued Obama's embargo. Voltaire2 Feb 2022 #7

I agree, gab13by13 Feb 2022 #10

And all of it to protect corporate profits and keep the US oligarchs happy. Lonestarblue Feb 2022 #25

I'm always for ending embargoes. They devastate regular folks. Magoo48 Feb 2022 #8

Imagine Iran and Venezuela reserves on the market JT45242 Feb 2022 #9

Get the new Iran deal signed and open up the spigots. gab13by13 Feb 2022 #11

Which is why Trump did it. wnylib Feb 2022 #14

We hated Chavez but donated oil to our underserved communities. Maybe that's why? Samrob Feb 2022 #12

Thats ridiculous. The poor in VZ are far worse off now than years ago. oldsoftie Feb 2022 #17

"Only returning to democracy can save the VZ people". How true. jaxexpat Feb 2022 #29

Canada orangecrush Feb 2022 #33

👍 TomWilm Feb 2022 #43

Save it. Over 6 million have fled VZ in just the past 6-8 yrs. Many come here. oldsoftie Feb 2022 #47

Years ago? Remember we helped them become a failed state. Samrob Feb 2022 #31

The Chavez/Madruo apologists here are hilarious. oldsoftie Feb 2022 #48

Wat if Putin's surge into Ukraine is not about reviving the old USSR? I only caught a moment of a in2herbs Feb 2022 #13

Neon??? n/t msfiddlestix Feb 2022 #16

Yes, neon. I didn't know either. see below from www.fierceelectronics.com: in2herbs Feb 2022 #18

Here's a little bit of information on that. groundloop Feb 2022 #19

TY, significant information. msfiddlestix Feb 2022 #21

Dodge, not Chevy. dsp3000 Feb 2022 #24

LOL! Thanks! msfiddlestix Feb 2022 #27

Lotta people get their Volts and Neons mixed up. It's all real techy. jaxexpat Feb 2022 #38

hilarious analogy msfiddlestix Feb 2022 #53

✔️ Thank you too! msfiddlestix Feb 2022 #22

VZ's oil production cratered because of incompetence more than sanctions. oldsoftie Feb 2022 #15

Incompetence, riddled with corruption. Like traitortrumpo empedocles Feb 2022 #23

exactly. nt oldsoftie Feb 2022 #49

Venezuela can sell all the oil it produces to India and China eallen Feb 2022 #26

Venezuela Is More Corrupt Than Russia DanieRains Feb 2022 #28

Venezuela nationalized its oil industry. The Wizard Feb 2022 #32

Coincidence? jaxexpat Feb 2022 #39

the people voted maduro out. he refuses to leave. oldsoftie Feb 2022 #50

They nationalized their oil back in the '70's and around 70% of oil producing countries have I think EX500rider Feb 2022 #52

if anything I would bet Tickle Feb 2022 #34

absolutely... myohmy2 Feb 2022 #35

One more dirty deal with a dictator. Do it if we must, but make fossil fuels obsolete ASAP. lagomorph777 Feb 2022 #36

is there something llashram Feb 2022 #37

I'm calling my Congressmen and others' as well. nt TeamProg Feb 2022 #40

I believe it's natural gas they need in Germany and elsewhere FakeNoose Feb 2022 #41

Venezuela and Russia are allied dictatorships. nycbos Feb 2022 #42

Ven is an ally of Russia and a member of OPEC. Palast is a moron. mathematic Feb 2022 #44

Problem with Venezuelan oil is it is very heavy crude. roamer65 Feb 2022 #45

In retribution for Ukraine, I would support an American overthrow of Maduro. roamer65 Feb 2022 #46

Venezuela has it's own oligarchs.... ie - mob bosses alittlelark Feb 2022 #51