Tag Archives: Brent Oil

Delusional fictive imagination

Yup, I am going there. It is all me, or as the story goes MPI (Me Personification Individual) giving myself a fictive consideration is the next best thing. You see, as the setting of America goes on and on towards a drain that ens up in the sewer, I decided to let my conspiracy self roam free. In this setting I am due a nice retirement sum and as a bonus I get to see the people who merely promised me bad to become the corporate bitches which I always thought they would end up being. As such there is no reality in this story, it is merely the work of a B-level movie (unlike the awesome script I finished and the three that follow it, more delusion on your plate).

Anyway the story starts with me having a coffee at the Soul Origin in Burwood. I was just about to take another sip when I a man introduces to me as Dr. Mulla, Consul General for the United Arab Emirates. I was not aware that the UAE had a consulate in Sydney, but there you have it and he starts of with giving me a business card stating he is indeed the Consul General, but the address gives me Melbourne. I gave the man a courteous nod and say to him a “Allahu Akbar” and point at the chair on the other side of the small round table. He states something softly (I am in a mall, so I didn’t hear that latter part) and he makes his case. He asks if I am the person that worked in a statistics company during the 90’s and two thousands and I nod in agreement, I was indeed. As such he offered me a short term job which will give me 250 bitcoin, post taxation and my curiosity was piqued. It is a lot of money for any person to be given of nearly any kind in the west, perhaps an exception could be made for all who have over 50 million dollars and I am not one of these people, so I agree to do that. I did mention that my passport had expired. He mentioned that it would not be a problem. The need for ADNOC is high and I am one of the first they approached and if I am willing we would leave today. The job will be to inspect syntax and statistical files, aiding the people there in cleaning them up and making sense of them. Well, I have been paid a mere 1% in the past for doing a lot more, so I am massively agreeable in this. A chauffeur will collect me in 90 minutes if that was agreeable, it was. So I head home to get my stuff ready, including my extremely expired passport.

It was brought 87.254 minutes later when a black Mercedes is in front of my apartment and the chauffeur identifies himself with what I reckon is some embassy card and drives me to the jet airport. He drops me off where a female executive introduces herself as Aisha, personal secretary to the Emirati Consul. She also hands me a card. She stated that it held $2,000 for anything I might need at this time. The consul will be at the place in 45 minutes. She would escort me wherever I needed to go. I decided that the only thing worthy of my needs at this time was a DJI Osmo pocket 3 and a memory stick. If I am going to a place I never seen before, I might as well record it for prosperity. I was given a great deal for the DJI with ‘creator accessories’ and a 128GB card for $749. I am happy as nothing I have been for the better part of a decade. I ask if there is a lounge where I can have a coffee and a sandwich (my blood when there is too little caffeine in it tends to get jumpy). She takes me to the Qantas First class lounge. She waves her consular credentials and we are in. Two minutes later with a large coffee in a takeaway cup and two chicken wraps I am seated in a small glass room with Aisha and we both sit in amazing comfortable lounge seats while I sip a coffee. I take a moment to eat the first wrap and it was amazing. I look at Aisha and she tells me that the consul is around 30 minutes out. We will depart in about 15 minutes so that we are there at the same time. I nod in acceptance. I playfully look at my mobile B250 comes down to almost 41 million dollars. So where do I sign for my soul? This is more money that all my ancestors combined earned in a lifetime. As such I wonder what the snag is, but if there is one, this setting alone is making me beyond happy. I never imagined that I would even own a DJI and now I am almost playing with one. So, whatever bad news comes next. I am less concerned with the badf news that I am with this feeling of amazement. 

It is about 17 minutes later when Aisha nods that we had to go. I end up leaving half a wrap, but the coffee was good, as was the wrap. I just didn’t feel like having to rush to the toilet until we are well underway. It takes 5 minutes to get to the plane. We were met with a Qantas golf cart to take us where we had to go and as the cart sped up and down ramps we get to the plane in record time. I never knew that these carts could go that fast. We stop right next to the boarding steps of a Learjet 85. It was an amazing looking jet, the inside was beyond what I had ever seen (I don’t fly too much) and as I was beckoned to my seat(s) I chose to hav e the seat facing the cockpit. I was never one for traveling backwards, not in a train and not taking my chances now.

A minute later Dr. Mulla joined us and its across from his secretary and speaks to me. We have an 11 hour flight ahead of us. Is it OK if I complete a few tasks? I nod in agreement. A little eager to see this plane in action and taking a selfie on my Google Pixel 9. There is not one picture in existence showing me in a Learjet, so that fable has now been put to rest. As the plane takes off, the pressure of me being pushed in my seat is close to heavenly.

As I look outside of the window, seeing Sydney fade into a small nothing and the plane turning left. I am offered Champagne, but I preferred a coffee with cream a sugar. We all have our little needs. I sip the coffee in a porcelain cup, not the plastic cups we are normally given on flights and I feel a little special. The coffee comes after I am given a hot towel which felt good, I feel a little cleaner. And before I know it almost an hour has passed. The consul addresses me. ADNOC has a challenge. It actually has two challenges. The job would take a maximum of a week. Do you have a preference of Hotel? I immediately consider the Warner Bothers hotel on Yas Island. I saw a YouTube video and it looked like a heavenly place (with food, coffee and all). And he nods at Aisha who starts typing on her laptop in a composed manner (and a lot faster than I can type). “So let me explain to some extent, they have two challenges. The first is a Dutch translator, they just lost their translator in an accident and the new one will not come until later next month. They will need to be able to look at some Dutch documents in the meantime. The second setting is a program called IBM Statistics. They have been trying to replace the team they had. The person in charge invited less than qualified people in the past and as he has now left, the entire department is a little up in the air. Can you cell data files?” I nodded in agreement. “Yes I can, I am not a statistician, but I can clean files, read and write syntax files and help creating and validating omni-books. I can also teach your teams to be more privy to IBM statistics files and help them into increasing their knowledge of IBM Statistics.” The consul had an immediate more brightened look and he stated “Splendid” with a big smile. 

I considered asking a few questions regarding this, but I thought that he might not have the answers. Whatever answers there were, I would get them in Abu Dhabi. And after a nice meal which included a large cheese pizza (with added oregano) I partially dozed off. I felt a nod on my right shoulder. I looked confused. Did I sleep through part of the flight? I looked around and I was told that we would arrive in about 50 minutes. I was offered coffee which felt good to accept and I waled to the bag where the bathrooms were. And would you believe it, these bathrooms had showers and all. I didn’t take the shower as I thought that a long hot shower would make my day complete in the Warner Brothers hotel. We arrived at Zayed International Airport a little over 55 minutes later and as I got off the place, the hot air caressed my face. It was 33 degrees, a blissful heat with a minor breeze. Outside the plane was a car waiting, it was a black Bentley New Flying Spur. It was more than comfortable, it was amazing and I apart from a London taxi, I had never sat in a Bentley. I took a quick selfie as I walked towards the car. They would never believe me, not my friends, not anyone I reckon. And I would not even believe myself, the selfie was to remind myself I wasn’t making this up (as this is a story, I am, but that is for another time).

We got to the hotel in what I believe to be in under 30 minutes. It was merely me and Aisha, the consul had taken his leave at the plane. Aisha would take care of the rest. And as it was already 19:00, I was given the key to my room with complete all expenses paid access to the minibar and kitchens. I wasn’t hungry, a pizza and 1,5 wraps does that to me, the hotel room had a Nespresso machine and the mini bar had fruit juices. So I was happy. I was told that a car would come for me  at 9:00 next morning. I rejoiced at the overlook bar at the top floor, where there was an amazing collection of drinks and I enjoyed my iced Canadian (I refuse to call it an Americano), 51st state? Screw that.

I had a lovely breakfast with two waffles, hot cherry sauce and whipped cream. Another delusional thought I had on Ghent and an abbey in 1102 (a much larger story for another time). I had this as a breakfast and whilst I was contemplating to eat more, I thought it might not be the best introduction to my temporary new employer. I was sitting in the ground floor lobby where I was sipping a nice large coffee (we all have weaknesses) and a man approached me and help up a sign with my name, I nodded and he indicated that I move to the side entree with a “this way please”, his voice could not be seen as anything but warm polite and courteous. I moved to the side where a nice black Mercedes was waiting for me. He opened the rear passenger door and pointed to the water in the back. I nodded and thanked him. It was half an hour later when we arrived by a skyscraper on Corniche road. A man was waiting for me and as we shook hands be gestured the direction is was requested to walk. Th skyscraper stood alone, so that wasn’t a leap of faith to make. I was shown the way to the 76th floor. I had only been this high once. It was in the Sears Tower in Chicago which was (I think) the 98th floor. As we went into a room there were three man all standing up and bowing to me, I bowed back and stated “Alahu Akbar”, I was greeted back and now I got what I was offered in return in Sydney. 

I sat down and I was given the highlights of the deal, the translator setting was merely a side setting that might be required. They had the Dikke van Dale Dutch books, which is pretty much the Rolls Royce of Dutch dictionaries, or as I preferred to call them, the Fat Valley dictionaries, which was a loosely translated name. It was the IBM statistics they needed. And I would be shown a desk and the files would be shown to me. They were happy that I would be able to train the staff there was. As was given, the head honcho (El Jefe) in Arabic terms had kept all the work to himself, only letting the others do some of the ground work and as those people were elevated to much better positions, they went along with the setting. At my desk I saw that there were inconsistencies, not bad ones, no errors, but the syntaxes was written by someone not used to daily data process points. There was an EXECUTE after nearly every command, there was a setting that there were several aggregates when one could do and there was a setting where were at least 8 ADD FILES commands when 2 could have sufficed. This was a data noob, a person thinking he knew something, all whilst he was setting the stage to be ‘the specialist that is the coming of the whatever person he thought he was’ I went a little wild on the syntax. And at first I tested every part separate which took almost 3600 seconds. Then I ran it all and a mere 2500 seconds remained. This was as expected. I took the file renamed it with _EDIT at the end and re-ran the whole file, it came down to 1216 seconds. I reran the file and reduced the time by over 60% less time was required. 

It was time to set the larger setting of damaged files and what was done was that the output file was given the EXACT same name as the data file. So he had the results, but the data would have to be reread from scratch. The messiest way to set the premise for people to not get ahead without him. And that was the setting I discovered in half a day. 

Well, I want to go on and introduce a conspiracy setting where Brent Oil was slicing the dice of ADNOC (and in my delusion ARAMCO as well), but it is time to take a breather and enjoy the delusion of being $41,000,000 richer, or perhaps AU$20,000,000 and AED48,500,000 richer. You can’t enjoy money when you have no dreams for them and having a property on Sama Yas enjoying 4 (soon 5) theme parks in an age of retirement is a pretty good way to delusional dream.

And consider a theme park, absent of stupid people (people living between Canada and Mexico), isn’t that a dream worth pursuing? Consider that soon (2027) Disney will be here too and all on the island where you retire. Oh, and they have a Carrefour Hypermarket (UAE Supermarket, based on a French supermarket) and I reckon a few other places. I call that a win in every scenario imaginable. So have a great day. My Sunday today is delusional day and I have earned the sweet scent of delusion. And think of it, the setting might be delusional. But would you think that this stage is outside of American ‘tactics’? The entire American Administration is running itself into the ground (slowly but surely).  So have a great day and enjoy the spiciness of whatever you face today.

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One voice is still a voice

I made mention of this all over June. The production cuts that Saudi Arabia set out to do would have impact. Some called me stupid, most ignored the issue. Yet Bloomberg gives us ‘Saudi Arabia’s Oil Production Cuts Are Quietly Starting to Bite’ (at https://finance.yahoo.com/news/saudi-arabia-oil-production-cuts-105634851.html), as such you need to consider. Not merely that I was right. The larger setting is that this is only one week into the new amounts and it is starting to bite. So how will the setting of less oil be in a month time? And before you know it North America and Europe enter autumn with all the heat they require at that point. We are then given “Brent oil traded in London had been stuck around the $75-a-barrel mark for weeks. That shifted a little Friday, when the contracts rose to about $78, a level they have largely held at since.” A setting we get and understand, but as the supply landscape is redefined, that price cannot be held and I reckon that in a month time it will hit the $90 mark and after that it gets nasty in a hurry. And there is an additional quote that matters. We are given “In the latest move, at least two processors in Asia sought less from the Saudis for cargoes shipped next month, and another said it won’t take any cargoes after an unexpected price increase.” This sounds nice on paper, but when we have 15 processors al vying for the 1 million barrels out there, at least 5 will have no oil to process. It is simple math and at that point the item of sulphur content will not hold much water. And whilst people are shouting where is our oil, I see a group of people that forgot that Saudi Arabia is building a new refinery in China which will gobble up almost a million barrels a day and China who got the deal with a clause accepting that payments are in Yuan is slightly too happy and when Europe (America and Canada too) realise that the reduction in oil is permanent and that China is now in a stage with loads of oil to fuel their economy. That is the point when people realise that they are losing a lot more than they bargained for. If only the US hadn’t pissed of Elon Musk to the degree they had. Yet this is about oil and not about batteries. The simplest setting is that this ‘biting’ is happening after less than 2 weeks into the reductions. So what will be the case in 4 weeks? Is someone considering that Janet Yellen had a portfolio of begging prescriptions towards China? I have no idea where this will end, yet I remember the ‘carless Sundays’ in the Netherlands in 1973. We might have that soon enough and now all over Europe and optionally America too. In 1973 it was fun. I got to test my roller skates on the A27 (a Dutch highway) which extension past Hilversum was brand new and I got to test that tarmac and not a car in sight, good times. Yet now it will be different and I reckon that the economic image will change for a lot of nations. It will not be a simple ‘lets add some money we do not have’. Now several members of the EU will be waging some kind of personal war to get the oil they all need. And I gave fair warning around two years ago. And it was not rocket science, it was simply based on the old premise ‘do not bite the hand that feeds you’ and that is how the escalation wth the UK (and their CAAT) and the US with whatever premise they thought they had and now they all want oil that they are denied. It sucks to be them soon enough.

It might be quietly biting now, but in 4-8 weeks it will not be quiet and when Europe (as well as the US) enters winter that setting will not be a nice one.

Enjoy the almost middle of the week.

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Slam-dunk for the blogger

Yup, I got to call the slam-dunk in my name, on my name and for my name. Now, I am no basketball fan, not when there is the NHL. But I have to give it to the NBA, that term they got right. So this all happened in the morning as I was pondering what was next on the table. Then the BBC gave me the heads up (at https://www.bbc.co.uk/news/business-65804768) with the ominous ‘Oil prices rise as Saudi Arabia pledges output cuts’. I had made mention of this danger a few times over the last month alone and now we get “Oil prices have risen after Saudi Arabia said it would make cuts of a million barrels per day (bpd) in July” and remember it is only a million barrels a day, my scenario was a little less nice. This is the exact danger that I predicted and now that it is going to pass, I wonder what the trolls will shout at me. I made mention yesterday that oil prices would be on the calendar of Blinky Tony (Anthony Blinken) and now it actually is there and it will be a rather not so nice meeting coming up, I reckon that Iran is no longer the main focus. This and the stage of BRICS implies that hard times are ahead for the US and I reckon to some extent the EU too. Because now the US is driven to make the million less be a larger setting for the EU than for the US. A stage well predicted and now it is coming to pass. 

It is Sameer Hashmi, the BBC Middle East business correspondent who gives us “it was widely expected the oil cartel would make production cuts to prop up prices. It appears most members were against the idea, as any cuts would impact oil revenues, which are crucial to keep running their economies.” He is not wrong, but the oversimplified setting is that they are going from 4 barrels at $3, to three barrels at $4. They all still get their $12 (and then some), but the larger stage  comes into play when the equation turns towards 2 barrels for $6, they will still get the same, but now their supplies will last twice as long. The larger problem for the US is that they get 50% for the same price and they still haven’t considered muzzling Brent Oil, those people export over 80% and now something will have to give and that is the stage we are coning to now. So when the UK and EU start feeling the pain of less oil there economy will impact to a much larger extent and as the Just Stop Oil people start shouting victory, the impact of people who cannot pay for heating bills, tradies that can no longer work because their prices need to keep going up, the setting of losses all over rural nations (UK, Germany, Italy and France the most) will be seeing much larger impacts. A stage that was clearly out there. The clearest recent mention I made was on April 13th (almost 2 months ago) at ‘The song remains the same’ (at https://lawlordtobe.com/2023/04/13/the-song-remains-the-same/) it was clear that reductions were in the focal point of OPEC members and in this Russia is merely sitting back, for them it works out nicely. But the larger stages of economy are not set to the drawback of oil lacks, no scenario was set to that and that is the largest political failure in the west. In this the one solution they had with Elon Musk is now slipping from their fingers. So not only did the US bite both hands that could be feeding them, whatever comes next might not be in time for the next debt ceiling, implying that default is the only thing that Americans have to look forward to. 

So in the end one player wins, the other player loses, but I get my slam-dunk. Is it fair? That is not the question, I saw this and I predicted this, so why did these high paid politicians not see this? It wasn’t rocket science (well perhaps the Musk solution was). And as options run short the west needs to rethink the political egotistical needs they had and how they will sail with a lack of vision. All that and more hardships will be coming soon and they did this all to themselves and that setting was clear long before Trump took office. A setting of cogs and the first cog will not care what the second and third cog faces. That is the oversimplified truth of the matter, so whilst we watch the news this month, also look at how much enough the people have with the ‘Just stop oil’ movement. As I personally see it, the UK got directly hurt by them and the CAAT all on moral grounds that were massively one sided and based on a fake moral high ground. So remember them when your pump price goes from 189.9p to 293.4p. Don’t blame the pump owner, blame the people who made this happen. 

Enjoy the day (consider a bicycle).

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Weird Wall Writing

Yes, that is what it amounts to and it is making me giddy. The BBC (at https://www.bbc.com/news/business-65157555, a mere 8 hours ago) gives us ‘Oil prices surge after surprise move to cut output’. Why is it making me giddy? Well that is simple. On March 29th I wrote ‘The snooze that does not wake’ (at https://lawlordtobe.com/2023/03/29/the-snooze-that-does-not-wake/). Then there was ‘Oil in the family’ on November 23rd (at https://lawlordtobe.com/2022/11/23/oil-in-the-family/) where I stated “Its games are now backfiring, should oil deliveries decrease by as little as an additional 1 million barrels US economy could implode with all the nightmares and trimmings that come with that.” The messages go on and on and it goes well before ‘Two Issues in play’ which I wrote in November 2018 (at https://lawlordtobe.com/2018/11/20/two-issues-in-play/). As such I have ben pointing to this danger for 5 years, but people all around me were shouting that I was mad, that this would never happen. Now the BBC gives us “the US has been calling for producers to increase output in order to push energy prices lower. A spokesperson for the US National Security Council said: “We don’t think cuts are advisable at this moment given market uncertainty – and we’ve made that clear.”” Oh, and how many oil farms does that person have? The US played the commodity war for decades and it has been to their favour for too long, now that idiots playing with the government credit card increasing debt after debt, the commodities that they do not own become an anchor. Oh, and that being said. How much oil did Brent keep on American soil to keep the price down? Last I heard 89% is exported. So before you scream, look at ALL the facts. So when I see “This surprise announcement is significant for several reasons.” Was it really? I warned for this danger for years, the last warning was a year ago and I reckon that the 1 million barrels a day will go to China. A stage everyone disregarded. So whilst we all cry against these mean mean Arabs, consider that America has been playing this game for favours for decades, now that the tables are turned it is suddenly a problem?

The second laugh I got from “Yael Selfin, chief economist at KPMG, warned that the oil price surge could make the battle to bring down inflation harder. However, she said that rising oil prices won’t necessarily lead to higher household energy bills.” Hah! Tell me another one, I got a bridge for sale, nice view on the Sydney Opera house. Yes, the price hike will not be immediate, but there will be a price hike, I feel very certain about that. Consider that 1,000,000 barrels a day might not seem massive, but there is already a shortage, as such the hike will come no later than 90 days for now (which is a personal speculation).  

Here the writing was on the wall and Aramco (as well as Saudi Arabia) might have had enough of the false friend naming by the US (EU too), this is their response, it is one that China has been looking forward to, I reckon Russia as well. 

And here endeth the lesson today. However I have another surprise coming up. After all these clowns shouting at me, I will make another IP Public Domain within the next 24 hours. I will show you just what Apple, Google and others missed out on and it seems nice for Tiffany (and Co) to see the impact of public domain, this time it is on Augmented Reality. Have a great day.

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Confirmation and standards

That is what I was confronted with over the last 5 hours. I got a message a little before that and we will talk about it. I mentioned it in my previous article. It connects to more, but that is not important right now. What set me off was the article (at https://www.arabnews.com/node/2268696/saudi-arabia) where we are given ‘Saudi energy minister: Kingdom will not sell oil to any country that imposes a price cap’. In this I agree, even if it hurts me badly. You see the US has been crying on expensive oil, but the price is set as well by Brent oil, an American firm. One that has the BIGGEST production of oil on the planet.

So when we are given “Spare capacity and global emergency stocks are the ultimate safety net for the oil market in face of potential shocks. I have repeatedly warned that global demand growth will outpace current global spare capacity, while emergency reserves are at a historic low.” I have no other thought but to agree. This has been going on for the better part of 2 decades. No one was complaining when oil was $40, but the setting differs. The US will not buy from Russia (which makes sense) and neither is Venezuela an option. The Arab nations are united in getting the best deal FOR THEM, which is done on a global scale in many commodities, but oil is not the US point of trade, it is THEIR anchor, yet no one looks at Brent oil and what it does, weird, isn’t it? We have seen the massive need to drop dependency on oil and in 2 decades nothing was done. The blame is all on governments for not acting, then 5 years ago an optional sidestep could be made, but the US government pissed of Elon Musk, whilst giving a free ride to that previous Twitter owner, that Dorsey thingamajig. But the Media on a global level REFUSED to ask him the hard questions. And now that it is too late, now that we see that a battery change was required 3-4 years ago, the Governments (especially America) start crying like little bitches. 

When a well can pump 10 cups of water an hour, and there are at any given moment 25 people needing water, some will go thirsty and that setting has been clearly there for over 2 decades. Why was nothing done? So when I see “NOPEC refers to a No Oil Producing and Exporting Cartels bill, proposed US legislation that could leave members of OPEC+ open to prosecution under American antitrust laws. The bill, which has been periodically proposed for several years, was revived this month by a bipartisan group of senators in Washington amid ongoing concern about high energy prices.” And here the thought “Are you insane?” pops up. In the first why is Brent Oil not mentioned? And it is so easily fixed. Saudi Arabia (Aramco) could deliver 20% less oil to the US and Europe and sell that to China, everyone happy, or not? It is not a concern for high energy prices, it is the bloody mess of inaction which can be clearly shown for well over a decade and when there was a solution, you pissed off the industrial that could have aided you. So how is that for stupidity?

The second reel
The second reel is different, it is not connected to oil, but optionally to stupidity (as I personally see it). I have seen now confirmation on two of the branches that this will work and due to a few changes, there would be a growing need for the third branch as well. For me it could be good, and could is the operative word as Google was asleep at the wheel and let it pass and Amazon doesn’t seen to be waking up to the billions they can get in this. At present my hope lies with Kingdom Holdings and one other party. That one might not give me the full price, but it is better than nothing, in addition, keeping Microsoft away from there is prime concern, they can only screw up the IP, blame others, point fingers and then refer to miscommunications. I can do without that. There is a small option that Apple might pick it up, but it is not really their turf, so I feel uncertain about that thought. So it is in some regard inverted from oil. Oil everyone wants, and seemingly my IP no one wants. I reckon that the first one that buys it and see what they stand to gain, at that point everyone will come calling, like a Credit Suisse banker with an empty wallet, but that is my weird sense of humour.

The idea that I am right is nice, but I have seen enough confirmations in several directions to know I am right, but that is just me. I still check all forms of verifications, not merely to proof that I am right, but to confirm I was never wrong. That too matters, because I am where banks and oil consumers needed to be, in a place of checks and balances, something both parties require very very fast.

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Wall and writing

Yup that is the setting and it will be clear soon enough. It was a day in July when I wrote (at https://lawlordtobe.com/2022/07/18/for-those-not-seeing-the-oil-field/) titled ‘For those not seeing the oil field’, there I wrote “What happens when they sell 2.5 million barrels a day less and let that go to the US shortage?” So this was three months ago and now we see at NPR (at https://www.npr.org/2022/10/05/1126754169/opec-oil-production-cut) “The OPEC+ alliance announced a 2 million barrels a day cut in oil production Wednesday”, so I was off by only 500,000 barrels a day. I mentioned on a few occasions ‘I told you so’ and this time around it ill cost you, it will cost you a lot, because 2 million barrels less implies a fuel price rise of 10%-20% from the start and still in that time no one asked Brent oil any heavy questions. It is a commercial enterprise and as such it does not care about Americans and their cheap fuel needs. So whilst we all stare at “President Biden has been trying to rein in prices at the gas pump ahead of the midterm elections” all whilst he did close to nothing to rein in Brent and their selling of well over 75% of their stock abroad. You just cannot have it both ways. If you wanted cheap oil, they needed to treat Saudi Arabia as a real ally to a much better degree than they did. Consider going to the pastry shop asking: “Yo fat fuck, gimme a pastry for 10 cents” what are the chances that will work? Even if you make it “Sir can you please sell me a pastry for 10 cents” there will not be too many shops who will do that. A friend might, but America did whatever they could to make the Kingdom of Saudi Arabia a pariah whilst embracing the delay tactics of Iran, Saudi Arabia’s proxy enemy. This was all going to happen one way or another and the fake claims on Russia and Saudi Arabia are a joke. This all plays straight into the hands of China who optionally might end up with that extra oil. All settings that were out in the open from the beginning. On the other hand if oil prices go up, Saudi Arabia might be more interested in my IT solution that gives them at least $500 million a month extra. Time will tell (the commercial manager in the Saudi Consulate in Sydney is seemingly too busy to see me). Well time will tell what comes next but for now Americans will see fuel prices jump, they will see their wages go towards arming thanksgiving and Christmas households and all whilst they are all ‘enjoying’ dinner wearing thicker pants and an extra jumper. As such fashion houses take notice of those needs. 

The writing was on the walls and I saw that danger happen 3 months ago. So whilst the US and UK went to Riyadh to ‘kindly please send more cheap oil our ways’ they forgot the first rule of diplomacy (politics too), you cannot make that effort empty handed and then let other organisations slap Saudi Arabia around, it never ever works that way. So when we consider “Yasser Elguindi, the head of macro research at Energy Aspects, says there’s a perception that the Saudis are trying to push prices back to or above $100 per barrel by cutting production and tightening the market. He says the magnitude of the proposed cut has caught people by surprise”, take time to notice that I saw that danger three months ago, so the ‘by surprise’ part is either hollow or a clear first show of reduced levels of competency. Yes the latter part is pure speculation, but feel free to check my earlier article, and consider what is up.

No matter how you slice it, the timing of the Kingdom of Saudi Arabia is pretty good, winter is coming. Where did I hear that before? No matter what, it will be a cold Christmas this year for a lot of Americans. I wonder what the impact will be in the states like New York, Pennsylvania and Washington, not to mention Washington DC. But the media might continue to avoid the Brent Crude Oil settings and for President Biden and the current PM of the United Kingdom I suggest that they take time and get the Master of Arts in International Relations and Diplomacy or brush up on what you learned there. It might help matters a little. Just some food for thought.

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