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Putin snickers: Guess who owns a big chunk of Venezuela's oil?
[AmericanThinker] Under pressure from a veto-proof majority in Congress, Joe Biden loudly announced a cutoff of energy purchases from Russia, amounting to about 7% of U.S. energy imports."Russian oil will no longer be accepted at U.S. ports — and the American people will deal another powerful blow against Putin’s war machine," he tweeted. Russia had been sending about 600,000 barrels of oil a day to the states in a big export surge, following Biden's bans on federal leases for drilling, halt to the Keystone XL pipeline, and other measures intended to bankrupt Big Oil in the name of "going green." The rise actually started late in the Trump administration's term, but it spiked sharply higher when Biden started clamping down on American production. As of the state of the Ukraine war, Putin has been taking home about $56 million a day from sales of crude to the states. Well, this ought to fix them, right? Not so fast. Biden went on to say that the loss of supply would raise energy prices for ordinary consumers and there was nothing he could do, because Putin did it. I understand Putin was enabled by one of his cronies, one Joseph Robinette Biden. His "solution" has not been to restore America's energy independence seen during the Trump years, but to buy from and become dependent on other suppliers. He tried hard to get the Saudis and Emiratis to pump more oil, but the sheikhs refused to take his phone calls. That leaves him with much gamier suppliers -- like Venezuela, which is currently under a huge sanctions regime dating from the days of President Trump, following the Nicolas Maduro regime's bid to oust him from a constitutionally appointed role as acting president and then the rigged and stolen election of 2020 as well as Venezuela's ongoing history of drug trafficking. Who owns Venezuela's oil? The information is pretty hazy give that these characters don't release much information anymore, and the news shifts often, but the preponderance of evidence suggests that Russia owns a big chunk of it. Along with the rest of the country. Venezuela has been a Soviet Captured Province for over twenty years now. Am I really going to have to explain how the Roman client patron system works and how this all started? Posted by: Thing From Snowy Mountain 2022-03-09 |
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