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Petrodollar Alert: Putin Prepares To Announce "Holy Grail" Gas Deal With China

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posted on Mar, 21 2014 @ 05:01 PM
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Indigent
reply to post by SLAYER69
 


Why is Cuba blue in that map?


Check the date on the map...




posted on Mar, 21 2014 @ 05:02 PM
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reply to post by peck420
 


Hey, well we will see.

These corporations just don't throw in the towel that easily nor give up on potential billions.



posted on Mar, 21 2014 @ 05:03 PM
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angelchemuel
reply to post by SLAYER69
 


Yes...but only if the US gets its hands on Venezuelan oil.....which Cheves has already sold to the Chinese for the next 5 years


Rainbows
Jane


The US doesn't need Venezuelan oil.

Between Canada and the US, there are large reserves, the question is, are you prepared to pay the price?



posted on Mar, 21 2014 @ 05:04 PM
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SLAYER69
reply to post by peck420
 


Hey, well we will see.

These corporations just don't throw in the towel that easily nor give up on potential billions.


The costs aren't fiscal.



posted on Mar, 21 2014 @ 05:05 PM
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reply to post by peck420
 


Yup....sure there is...that's why the US is going hell for leather with fracking isn't it?

Rainbows
Jane



posted on Mar, 21 2014 @ 05:20 PM
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Pepe Escobar's latest on the sanctions and Russian options to stab the USD in the heart ,www.atimes.com...

Orlov
Ukraine Will Become Part of Russian Federation

Video Via USAWatchdog.com

"The United States right now, from my point of view and the point of view from observers from around the world, is on suicide watch. It's a country that is going to self-destruct at some point in the near future."

“The trajectory is defined by this sort of incompetent militarism where more and more money results in bigger and bigger military fiascos around the world and less and less of actual foreign policy that can be pursued or articulated. There are massive levels of corruption. The amount of money that is being stolen by the U.S. Government and its various appropriations processes is now in the trillions of dollars a year. Runaway debt, the United States now has a level of debt that is un-repayable. All we’re waiting for is interest rates to go across the magic threshold of 3% and the entire budget of the country explodes. There are also all types of other tendencies that point in the direction of collapse and systemic failure at all levels.”

Dmitry Orlov is a Russian blogger who writes about the parallel between the U.S and the USSR. Orlov lived through the financial collapse of the Soviet Union in the early 1990’s, and he thinks the U.S. is on the same trajectory

Posted March 20, 2014
www.informationclearinghouse.info...



posted on Mar, 21 2014 @ 05:30 PM
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reply to post by angelchemuel
 


Good thing the Us is an exporter now of some of those commodities, natural gas being one.

Why is an agreement between Russia and China a problem?



posted on Mar, 21 2014 @ 05:37 PM
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reply to post by SaturnFX
 


The implications of this are not "merely" energy related. This is about EVERYTHING. The status quo of the econocomic hegemony.


SaturnFX
I am actually curious how Europe will react considering all this is happening in their backyard.

If the USD goes down it will be *the* gamechanger, and the end of the US eco-hegemony will subsequently result in a €urozone breakup (IMHO).


SaturnFX
Finally, if they unite, then cool..they can take the bulk of any UN lead actions. Let them be universally hated for awhile.

So... Nope, Nope, and been there.



posted on Mar, 21 2014 @ 05:46 PM
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Xcathdra
Good thing the Us is an exporter now of some of those commodities, natural gas being one.

US Natural Gas Exports (2013): 1,572,351 million cubic feet
US Natural Gas Imports (2013): 2,883,115 million cubic feet
EIA

US is still a net importer of NG.



Why is an agreement between Russia and China a problem?

Aside from potentially collapsing the NG market?



posted on Mar, 21 2014 @ 05:51 PM
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reply to post by Xcathdra
 




Why is an agreement between Russia and China a problem?

Because they're trading in Ruble, Renminbi and Gold.
(and this time your overlords can't just "liberate" them to pieces for it...)
edit on 21-3-2014 by ColCurious because: (no reason given)



posted on Mar, 21 2014 @ 06:00 PM
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angelchemuel
reply to post by peck420
 


Yup....sure there is...that's why the US is going hell for leather with fracking isn't it?

Rainbows
Jane

The US doesn't "frack". Oil and gas companies do.

Just like they currently are in Venezuela...and the US.



posted on Mar, 21 2014 @ 06:10 PM
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reply to post by peck420
 


Are you being funny or stupid?.....Who grants the licences for those company's to frack? Can't just go round sticking rigs up willy nilly just where they fancy.....



The US used to be one of Venezuela’s biggest customers for heavy crude oil. But in the past five years, the US has become one of the world’s biggest energy producers that led to changes in the balance of power on the global oil market. In particular, the sharp rise in US own oil production from fracking has helped meet US demand for heavy crude oil, and as a consequence, Venezuelan oil exports to the US dropped to their lowest level since 1985.
In addition, the prospect of cheaper oil imports from Canada – either via the long-awaited Keystone pipeline or by rail shipments – threatens to further reduce the US need in Venezuelan oil.
Read more: voiceofrussia.com...


voiceofrussia.com...

That was the first article I stumbled across.

Now...let's get back OT please

Rainbows
Jane
edit on 21-3-2014 by angelchemuel because: (no reason given)


+3 more 
posted on Mar, 21 2014 @ 06:11 PM
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The petrodollar has been in decline for some time, it's one reason why the US has been invading & promoting destabilization in countries that were going to drop the dollar for oil trading.



posted on Mar, 21 2014 @ 06:29 PM
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angelchemuel
reply to post by peck420
 


Are you being funny or stupid?.....Who grants the licences for those company's to frack? Can't just go round sticking rigs up willy nilly just where they fancy.....



The US used to be one of Venezuela’s biggest customers for heavy crude oil. But in the past five years, the US has become one of the world’s biggest energy producers that led to changes in the balance of power on the global oil market. In particular, the sharp rise in US own oil production from fracking has helped meet US demand for heavy crude oil, and as a consequence, Venezuelan oil exports to the US dropped to their lowest level since 1985.
In addition, the prospect of cheaper oil imports from Canada – either via the long-awaited Keystone pipeline or by rail shipments – threatens to further reduce the US need in Venezuelan oil.
Read more: voiceofrussia.com...


voiceofrussia.com...

That was the first article I stumbled across.

Now...let's get back OT please

Rainbows
Jane
edit on 21-3-2014 by angelchemuel because: (no reason given)

Nice to see that Russia has caught up to decades old news.

Impressive.

Venezuelan oil imports peaked in 1997 and have been in decline ever since.

As for 'fracking', it wasn't even required on a lease until around 2010, and has been in use since the 40's.



posted on Mar, 21 2014 @ 06:55 PM
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reply to post by peck420
 



You might want to double check the license bit....

A patent on this process was issued in 1949 and an exclusive license was granted to the Halliburton Oil Well Cementing Company. On March 17, 1949, Halliburton performed the first two commercial hydraulic fracturing treatments in Stephens County, Oklahoma, and Archer County, Texas


en.wikipedia.org...


You also appear to need to know the difference between exporting and importing....

Venezuela is one of the world's largest exporters of crude oil and the largest in the Western Hemisphere. The oil sector is of central importance to the Venezuelan economy. As a founding member of the Organization of the Petroleum Exporting Countries (OPEC), Venezuela is an important player in the global oil market.


www.eia.gov...

Now please...let's get back to my original question in my OP shall we?

Given the news that Russia and China are going to sign an agreement in May.....what can we expect the repercussions to be before then in the west, and what else might Russia have up its sleeve in the meantime?

Rainbows
Jane



posted on Mar, 21 2014 @ 07:01 PM
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peck420
The costs aren't fiscal.



i appreciate the one sentence replies but it might help if you elaborated a bit more.



posted on Mar, 21 2014 @ 07:01 PM
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reply to post by angelchemuel
 


NM

voiceofrussia
edit on 21-3-2014 by SLAYER69 because: (no reason given)



posted on Mar, 21 2014 @ 07:02 PM
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dp
edit on 21-3-2014 by SLAYER69 because: (no reason given)



posted on Mar, 21 2014 @ 07:09 PM
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SLAYER69
reply to post by angelchemuel
 


NM

voiceofrussia
edit on 21-3-2014 by SLAYER69 because: (no reason given)


Sorry to quote you from your previous post



i appreciate the one sentence replies but it might help if you elaborated a bit more.


I'm not familiar with NM.....could you 'elaborate' please?
Thank you

Rainbows
Jane



posted on Mar, 21 2014 @ 07:12 PM
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reply to post by angelchemuel
 


That means nevermind, he believes that your source is not pro west enough, hence he dismisses it, removing whatever he had posted.



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