Tag Archives: Oil

Oh boy, there was more

It all started 4 days ago when I wrote ‘I honestly don’t get it’. I comprehended the stage just fine, it is the lack of comprehension of greed, what people will do to fill their own pockets at the expense of everything and everyone. You see Basel III was published in 2010 after the first meltdown, it was extended to 2015 with extensions going as far as January 2023. So 13 years and the whining bitches (aka banks) still will not learn. SVB is merely one example and the actions by congress made perfect sense. Now we have Credit Suisse and the setting changes.

It now needs (and apparently just received) 45 billion to be ‘secured’. This is a little more than the national budget of Qatar which is 53rd on a list of national budgets with 228 nations with on last place Wallis and Futuna. To give you a better picture, it is twice the amount Oman has for its citizens, they are in 68th position. They need THAT MUCH money. The issue is that big and do not talk to me about journalists or those clowns at the ICIJ. They are all about their Pandora papers and what a joke they are. 

You see, I stated in the first article the Common Equity Tier 1 (CET1) and now we see the BBC give us (at https://www.bbc.co.uk/news/business-64964881) giving us “After Credit Suisse shares plunged on Wednesday, a major investor – the Saudi National Bank – said it would not inject further funds into the Swiss lender”, it matters and I will get back to this. In the mean time The Guardian gives us “The bank had been forced to delay the publication of its annual report last week after a last-minute call from the US Securities and Exchange Commission relating to what Credit Suisse described as the “technical assessment” of revisions to cashflow statements going back to 2019. The bank said those discussions had now been concluded” I believe it is more, I personally believe that was why Yellen got involved in day one. I think the SVB and others have too many bonds and they are not ready to mature yet and with interest up these things are making banks bleed money and they are bleeding a lot. You see, there is an estimated total of TWENTY THREE THOUSAND BILLION DOLLARS in US government bonds floating around and I reckon the SVB and Credit Suisse are now in levels of pain, they had too many of those. As such the outstanding part, not merely these two represent $23,000,000,000,000 and no one can cover it they are all stretched beyond thin. This is what I expect is happening and I warned for this as early as 2016, there is a point of no return and the banks are way past that. Putting your IP in the USA is about to become one of the most expensive jokes tech firms have faced in well over half a century.

Could I be wrong?
Yes, that is the case, but that can be tested quite easily. You see, if you make a tally of where all these US government bonds were and you set that tally in a mineable solution especially with pre 2016 and past 2016 when Dodd-Frank got cancelled you will learn a few things and this is what I saw on day one, but weirdly enough the media is not going there (neither is the ICIJ), so you get to wonder why.

Oil in the family
now we get back to the Saudi National Bank. In this I agree with Saudi Energy Minister Prince Abdulaziz bin Salman. Oil is a commodity, there is no cap, if you need oil more and more, you are working from the wrong business plan and if that relies on exceeding your budget by over 30 trillion dollars you get what’s coming to you. In addition I would add the Republican Party making small talk stating that they need to pull away from Ukraine, I lose the little sympathy I had left for them. The US has slammed Saudi Arabia again and again, in some cases with the assistance of a United Nations essay writer. There is only so much people will take. They had the option to help Saudi Arabia create a nations defence strategy, they bailed out and now China is there. They made fake promises and most were not kept and now we see banks asking Saudi Arabia (in Oliver Twist style) can we have some more please? 

As such we see event after event and now that things are on the rails, the train has speed and they just ran out of rails. This is early and before I expected it, but I never considered the impact of Russia being stupid and attacking the Ukraine, it merely escalated things. 

America has two options, does it become part of China or part of Russia. It seems that the Republicans want to be part of Russia, the rest I do not know, but we are now in the process of the final financial act. And my evidence? Investigate the CET1 setting of EVERY bank (especially the two in trouble) and then look at where the bonds are and how many of these bonds are/were with the SVB and Credit Suisse. I have no doubt they both have too many. Then consider Basel III and see how many banks hold up at that point. They were warned for 13 years, so let them rot, let them collapse and let the investors and share holders take the fall and live life in minimum wage. 

And in all this, too many of the media are all about flaming and not doing too much about it, merely pushing towards bailouts. That time has gone as I personally see it. 

All whilst the Australian Financial Review gives us a mere 45 minutes ago “The failure of Silicon Valley Bank has exposed fresh divisions on Capitol Hill over banking reform, as US lawmakers from both parties trade blame for the lenders’ collapse and squabble over future legislation to shore up the financial system” squabble on something that was shown 13 years ago. Still think I am wrong? 

Enjoy the money you have, there might be a lot less soon enough.

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On the subject of failure

Yes, it is a subject that we all face and no one (including me) is happy about it. We all face it in one form or another. I saw an event that could play out later this year, somewhere optionally between July and September and I was not happy on how I showed myself. How I responded, no matter how honest I was, at that moment, I saw something I never felt happy about, but no matter how valid the response was, it does not mean that I am happy that I responded in that way. It was not about finding another way to say it, it merely went on about something that does not matter now. It applies to some degree to what this is about, because it made me check news sources and in this I decided on the article (at https://www.cbsnews.com/news/cia-director-bill-burns-china-russia-lethal-aid/). The CBS News article gives us ‘CIA confirms possibility of Chinese lethal aid to Russia’ and when I read it, I saw something different, it was not related to the earlier part, but it changed the way I looked at that news. We are given “In an exclusive interview with CBS News, CIA Director Bill Burns confirmed the possibility that China may send lethal aid to Russia in its war against Ukraine. “We’re confident that the Chinese leadership is considering the provision of lethal equipment,” Burns told “Face the Nation” moderator Margaret Brennan on Friday.” We are also given “I think the Chinese are also trying to weigh the consequences of, you know, what the concerns we’ve expressed are, you know, about providing lethal equipment”, this comes from CIA Director William Burn and that is fine. I am not debating that part, but when you consider what is behind it, it is a different stage. You see Russia is close the broke on a few levels and the only way that Russia can pay for this (as China would prefer it) is via massively reduced oil. Oil China needs and Russia cannot sell it to their former largest buyers. Yet behind all this is more. The logistics of the Russian armed forces are a mess. Their soldiers are ineffective, their hardware is failing on many levels and their supply systems are (from my point of view) broken in many ways. Russia has a problem. It needs drones, it needs missiles and it needs hardware that soldiers can use, Russia is falling short on several fronts and it is losing against the 21st largest army in the world. We all have seen Ukrainian achievement reports in several languages on several sources and they seemingly align. Russia could mobilise its armies, but the hardware issues remain and that could push the Russian armed forces in a direction it does not want to go, not in this stage. To give some slight reference. Russia lost more people in this war in one year than the UK and France combined lost in WW2 over the entirety of the war. In one year lost more soldiers than the UK and France lost over the entire world war, they are doing THAT bad. So now they need upgrades in hardware and that is what Russia is seemingly angling for. But I reckon that China is only considering a limited list and the payments are due in oil and upfront. Which would give them millions of barrels in extra oil, oil they need and I reckon they will get it for an apple and an egg. 

But when you think this through we could optionally deduce a lot more. You see that oil can then not be used to heat Russian houses, fuel power and fuel mobility. In addition it would be a first direct proof that the Russian Army has no place to go, or at least not operational. If it was merely missiles the issue would be small (except for the Ukraine), I am speculating that it is about a lot more, even if we accept that Russia is sending troops with 40 year old ammunition. 

The fact that they cannot do this with a renewed offensive is up on the wall and now we see how deployment and supply lines are on the front issues. If they cannot get supplies they will need to acquire them and China is nearly the only option and that is merely the beginning of the issue. Thee news has shown enough issues with soldiers personal gear and debatable mobile hardware (tanks and other things requiring wheels). This is not the stage of some new tanks, this is about the refurbished T-72 tanks that are almost 50 years old, implying that whatever anti tank comes their way will slice through their armour like a hot knife through butter and that is if the refurbishments were properly done, which in light of several issues is now a matter for debate. If Russia stages this war with its regular armies (if they can find them) Those armies will be ill equipped and ill prepared. A lesson France learned in 1812 the hard way and now Russia gets to learn that very same lesson. But is it all true? I am speculating, but I believe that I am in a stage of presumption because I do know how in parts this field is set. And the lesson is not over, not for the Russians and not for me either. Because there are many debates on what was real, I need to wonder how reliable the information I have is. I believe that I made enough sidesteps to alternate sources of information so that I believe that I am on the right track, but that too is not properly vetted information, so there could be gaps. Yet overall the news is still valid. If Russia needs China it means that they were never ready for any real combat and they were never prepared with the hardware they had, or they wouldn’t need China’s hardware. It could be a Russian ploy, but I do not think so, if that was the case the CIA would have come with a very different presentation, of that I am very certain.

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The new rulings

This is change of scenery. This is not about who is in charge, even as we did set that stage, but the stage where we prefer to live. You see, the US is soon becoming a dangerous place to live, as its infrastructures are collapsing, as its debt is over-towering to such an extent that within three years the interest on that debt alone is close to 50% of all collected taxes. A stage that was visible for decades, but no one wanted to overhaul tax systems and now the rule of debt is due and the US has no solution (other than sell of its IP) and now we get a new stage, the stage we admired through the 50’s and 60’s and the US is no longer the main player. 

The new stage is seen (at https://www.middleeastmonitor.com/20230219-muslims-react-to-plans-for-new-kabaa-development-in-saudi-capital/) where we are given ‘Muslims react to plans for ‘new Kaaba’ development in Saudi capital’ and lets be clear, this is nothing to sneer at. This has NEVER been done before.

We are given “On Thursday, Crown Prince Mohammed bin Salman (MbS) announced the launch of the New Murabba Development Company, which aims to develop “the world’ largest modern downtown in Riyadh”. The project will see the redevelopment of Riyadh’s historic Al-Murabba (“The Square”) neighbourhood, which was said to be named after a square-shaped well from which the area derived its name.” And that is merely the beginning. The building will be 400 by 400 by 400 metres making it one of the largest ever build (if we ignore the line). The second building which is taking the architectonical cake. More important what happens when a building of THAT size is covered in solar paint? It could make it the first building to be carbon negative in history. There are so many other settings that need consideration, but the overbearing case is not merely what Saudi Arabia is achieving, it will soon be about how the US (and the EU) have not been able to do anything near it for over a decade and they will not be able to do something anywhere near it for decades to come. The trendsetters achieve, the rest merely watches the options go by and with the debts the US and EU are in that is what it amounts to, they are watching options pass by. 

There is a lot more to this, but that is for another day. No matter how we slice it, Saudi Arabia is now on the architectonical forefront of the world for pretty much the timespan of 2020-2050, that is the consequence of debt driven nations. We tried to all tell you, but you did not want to listen, so now the most major achievements over the next decade will be held in Saudi Arabia, now if we could do something about Iran’s nuclear hunger that would be nice too. I already submitted my idea for Iranian nuclear meltdown solutions, but that is not up to me to do, I might give it to Israel as well, just for jollies.

But the deeper truth is not that Saudi Achieving all this, it will soon become on how Iran will react and make no mistake, it is equally important. As Saudi Arabia rises, Iran falls deeper into economic holes and there is no way that their nuclear options are set to friendly needs, you do not need uranium to pure needs that Iran is making them, that level of purity is only needed for war, so when will someone wake up to that issue? Or is the US awake and they wait for the first bomb (either in Israel or on Saudi Soil) to explode before they put their foot down? No matter how you slice that, it will be much too late for that. As I see it, when that become clear the Saudi government can cut their oil deliveries to the EU and US and sell it all to China. That part was clear, was it not? Saudi Arabia is waking up to the project the US (and EU) dreamt of half a century ago and now Saudi Arabia is making them a reality showing the world that we have been watching the wrong channels for too long a time. Did you realise that?

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A national consequence

I saw the news earlier, but I had to consider a few things, one of them not so really pro-Turkey, another set to the stage of me wondering what was going on. It all started with the BBC article (at https://www.bbc.co.uk/news/world-europe-64360528) where we are given ‘Turkey condemns ‘vile’ Sweden Quran-burning protest’, and as I was wondering what was going on I saw “Rasmus Paludan, a politician from the far-right Stram Kurs”, it made me wonder what was needed. And then it occurred to me, why was Turkey the only one protesting? What if Egypt, the UAE, Iraq, optionally Iran, Indonesia, Sri Lanka, Saudi Arabia, Oman and Turkey all combined their protest? What if the EU had to deal with retributions from the OPEC nations closing the oil tap a little (500K barrels a day less for the EU), the other nations stopping import of Danish and Swedish goods? Would that wake them up? We might think that a person like Rasmus Paludan can insult islam again and again, but why allow it? We have rules and laws on religious prosecution, religious discrimination and should it end there? What if we make anti religious protests that continue to insult a religion (like burning a Quran) as well. Perhaps we need to state that they need to burn bibles as well, how does that go over?

I cannot claim that I have any solution here, but the levels of inactions that I see against Rasmus Paludan are getting out of hand. As such I think inaction becomes a larger issue and there is actually no real option, so what happens when the EU gets a 10% fuel rise, does that wake them up? I do not care what religion you like, and what religion you hate, but if you go as far as openly insulting that religion things get out of hand and it becomes time to act, inaction is no longer acceptable. If you allow a chaos and hatred seeder like Rasmus Paludan to continue, I reckon you get whatever is coming to you. I personally believe that when civility goes missing to this degree nations have failed on several levels. That whilst we need to realise that Sweden has 5%-10% Muslims, that is up to a million, Denmark has roughly the same percentage size, in numbers it is about half that size, but the population of Denmark is about 50% smaller. When you go out to insult that size of a population there needs to be consequences and even as people like Rasmus Paludan think that it is merely up to 10%, so that they can easily win such fights, they need to consider that there is a larger consequence and that needs to be shown to that kind of people and I reckon that Turkey alone cannot do that, it might block NATO access for Sweden, but a larger lesson needs to be taught and that is where OPEC comes in, where the bulk of its population is Muslim, so what happens when the tap is closed even just a little? For Sweden with its shortages it might become disastrous quickly, I am not sure about Denmark at present. 

Do we need to act? Yes, we all need to act. We cannot let people like Rasmus Paludan to spread hatred to the degree they do, the consequences are too dire to consider, as such I reckon it is time to fight such hatred by letting these nations be overwhelmed by shortages and make sure that everyone knows WHY this was done. You see if you hate muslims THAT much, you can get the oil from Russia or Venezuela or America. But that gets you into other deep waters, does it not? No matter how it plays out, we are too far beyond the levels of inaction we see now and consider that OPEC could close the tap by 1 million barrels of oil a day, or more. What does that give you? Not much and until summer that impact might end up being disastrous.

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Ruler of law goes metric

Yes, we all have settings that are part of us, for the most the rule of law is accepted by nearly all. But when do we realise that it is not that simple? There is the notion that this rule of law has an Imperial and a metric setting and that is the core of what we face today. I got my view from the Canadian CBC (at https://www.cbc.ca/news/world/us-khashoggi-lawsuit-dismissed-1.6676798). There we get ‘U.S. judge dismisses lawsuit against Saudi prince over Khashoggi killing’, s0 at what point does the US set the stage for events that took place in an alleged Saudi environment in Turkey no less? Lets look at the simple facts, Jamal Khashoggi is as far as I can tell a Saudi dissident, not an American citizen and I do not care what was planned. It never got to be. This person has gotten more ‘alleged’ assistance in a month than most American citizens have seen in a decade. Then we are given “U.S. District Judge John Bates suggested he was reluctant to throw out the lawsuit but had no choice given the Biden administration’s decision.” And I will get back to this in a moment. We are also given “Khashoggi was killed and dismembered in October 2018 by Saudi agents in the Saudi consulate in Istanbul” which is the supporting lie. You see, his body was never found, there is absolutely no evidence that he was dismembered, or killed. For all we know he is spending the rest of his days with his new mistress of 19 years old in a luxurious hotel on Bora Bora. It is equally speculative, is it therefor more wrong?

And we do take notice of “Attorneys for the U.S. Department of Justice said in a November court filing that the Biden administration had determined that Prince Mohammed, “as the sitting head of a foreign government, enjoys head of state immunity from the jurisdiction of U.S. courts as a result of that office.”” It is the stage that was always going to happen, there was no evidence of any kind, mere speculation and Daily Mail categorised forms of speculated innuendo that never goes anywhere. Lets be clear, I cannot prove the innocence of certain people, but I cannot prove their guilt either and a person is innocent until proven guilty. That is the law and there is no metrical version of that, it is imperial, it is black letter law and that is what the law is. The media wants you to forget this so that they can cater to the digital dollar a little longer. And you are the tool they are using for that. In the mean time Jeff Bezos (via Andy Jassy) denied himself an annual 6 billion and change going up to close to $30 billion in full deployment mode. This is the damage Amazon did to themselves and it is fine by my book, although a little less nice as the Kingdom of Saudi Arabia decided not to buy it either. My loss and I get that. But below all this is a stage where the US is in a lot more problem. You see, they desperately need the Kingdom of Saudi Arabia assist them with cheap oil and I have stated this before. Why would they do that? The US has proven themselves to be a fleeting and unreliable ally to say the least. Do not take my word for that, look at the victims in Yemen and Syria and ask yourself, what did the US achieve? Close to nothing and now that they are at the abyss, the hangman’s rope has a very uncomfortable feeling. And as I see it, should the Kingdom of Saudi Arabia want it and limit the shipments of Crude Oil by an additional mere 1 million barrels a day, the US will explode in a stage of anarchy, just before Christmas and that realisation is at stake. The US overplayed its hand for at least two years and now we see that anarchy could become the turnstile of events. So do not think this is something that President Biden started. This is the stage 4 previous administrations colluded under (sort of) and yes, former president Trump might be the only one trying to turn it around but it would have been too little and optionally too late too. The previous congresses made sure of that. They were all too ego driven to see that impact grow and grow. And before you consider the immense state of “Khashoggi had criticised the crown prince’s policies in Washington Post columns. He had travelled to the Saudi consulate in Istanbul to obtain papers he needed to marry Cengiz, a Turkish citizen.” You see the US had the option to make him a citizen from 2017 onwards but they chose not to do that (optionally it was in the hands of Khashoggi). So for over a year there was a stage where he had the option to make a change, optionally the US intelligence office could have prevented it if there was a voice, but there wasn’t one. This implies (to me) that there was no real warning, no real danger which now sheds a light on a lot of issues and it does not look good for the US. Hiding behind some metric version of the law was never going to work well and I have highlighted close to half a dozen issues from the beginning and the fictional book of Blood and Oil merely worked for my case. When you see all these articles, all these media evidence and it comes with words like ‘alleged’ and ‘could have’, how wrong do you think I am? 

It is sad watching governments trying to cater to ego and to the clear need of a commodity that their non-allies have, it is a pathetic view and it is not getting better any day soon.

I will let you investigate that, just be sure you rely on the sources you can rely on.

 

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Is no sense and nonsense the same?

I woke up from something and it nagged me a bit. It started last week when two idiots decided to treat a masterpiece of Van Gogh to tomato soup and yesterday I saw the wax museum where two royals were treated to pie slaps. The second was not as bad as the first, but it still nagged me. So lets give them what they want in a way they never wanted it. You see they import around 3310 GBP Million in oil per month. The bulk of it comes from Norway and the US. There is some from the Netherlands and Saudi Arabia as well and in previous years from Russia as well. So lets set them all to zero. And there is a small addendum. As long as at least one member of ‘Just stop Oil’ is still, alive the agreement cannot be stopped. I wonder how long it takes for them to realise that they are the cause of hardship? You see petrol in the UK is about 175p per litre (a small deviation between unleaded, leaded and diesel, but not much). I reckon within two weeks that price will go up to 355p or even 455p. Consider that there are 2,500 per million tradies and most of them rely on their vans to get around. This implies that their prices go up by a lot and that will have several negative impacts for some work will fall away. 

So how long until one of them will realise that a British wrench is also known as a murder wrench? And as long as even one is alive the agreement holds, no import of oil. You really think that they stand much of a chance with well over 150000 tradies wanting their skin? I think not and the larger problem is that these people are not that intelligent, they were coached by others. But that is not my problem, it will be theirs soon enough. So why don’t we give them what they want? We might be able to stop two problems all at once. Just a thought mind you.

I will let you decide if there was no sense to my idea, or was it all nonsense? Yet consider that these idiots will hurt a piece of art we all feel strongly about. At that point what chance to they have when we all lose our patience? 

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I’m not crazy, I’m an airplane.

It is an old joke from the 70’s, and when the NOS (at https://nos.nl/artikel/2440333-russische-bevolking-kampt-met-collectieve-depressie-sinds-inval-oekraine) is treating its readers to ‘Russian population suffers from collective depression since the invasion of Ukraine’ we get another part of Russia problems thrown into the face of daily events. We are also given ““Society is collectively in shock. I received a lot of people who were completely panicked. Since March there have been four times as many requests for a consultation at our clinic. Almost everyone is consumed with horror, incomprehension and fear. And they don’t know how to deal with that.” According to Khokhlova, this is a fairly natural reaction to such a drastic event. “Many people are reacting in this way to the terrifying news about Russia’s actions in Ukraine.”” It shows us a Russia that Russia does not want anyone to see. Apart from the events where we see more and more stages where Russian soldiers are now being charged with war crimes. A setting where President Putin was making short claims and this is now turning into a long term war, something that is embarrassing and humiliating to the Russian Kremlin. Not something it was looking forward to, it even nullified that chance, but that is merely the beginning of the problems, the problems go far beyond Russian borders. In the Netherlands, Dutch politician Thierry Baudet — leader of the Forum for Democracy (PvD) and the head of its parliamentary group is so pro Russian that it conflicts with the status of the Dutch, even when the Russians have to back down, this person will ‘hide’ behind the misrepresented ‘nuance’ of the statement. It is not the only nation with rather large issues, but it is the most visible one. There are two streams in all this. I am with the second one. It is a persons right to choose sides, no matter how wrong that choice is. However, there needs to be accountability, as such There will be larger issues for the Dutch Forum for Democracy (PvD) and the longer the war between Russia and the Ukraine takes, the larger there issues will be. And I reckon that its members are starting to see this, which means that the 5 seats that the PvD currently has, little with be left of it in the next election. 

In all this the mental state of the Russian people matters, because that gives a handhold to the actions of its current government. And even as we get sporadic information, often unverified. The larger setting for Russia is not merely the war, there is every stage that Russia needs its fuel to warm the houses of Russia and that is not looking too good, as I personally see it, the Russian fronts will have to do with 20%-35% less fuel, if that does not happen, many Russians will not survive the winter that comes and with large explosions on the Russian airfields, the Kremlin might have to choose in the very near future to either fuel the tanks they still have, or fuel Russian houses. It seems that the 10,000 bonus for women who have more than 10 kids was not a short sighted idea. (As one source gives us) ‘Putin brings back award created by Stalin that rewards mothers with 10 kids’ it could possibly be the only way they can stay warm this winter, and as such, has anyone figured on what life will be created? In a nation that is short of nearly everything? That is the short sighted knee jerk reaction from the Kremlin and it seems to me that Russia has much larger problems, mental health is at present possibly the smallest one of all. But that would be merely my speculated view on the matter.

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Place with a view

That is the stage, we have a view, we all have a view and we tend to have a point of interest. This ‘mess’ all started a few hours ago when I saw a three day old article on the BBC with ‘The public relations and ad firms refusing fossil fuel clients’ (at https://www.bbc.co.uk/news/business-62303026) in the first instance, it is fine to refuse work, it is not always clever, but I get it. We have all kinds of industries that we shun and it is fashionable to shun fossil fuel clients, but it seems a little hypocritical to do so. So when I see “Last year, she decided that Done! would become one of the now 350 advertising and PR firms who have joined a movement called Clean Creatives. Joining the movement means they pledge to refuse any future work for fossil fuel firms, or their trade associations.” I merely shrug it off. It is a little superficial and somewhat hypocrite to do so. 

Why?
Until ALL employees of that firm travel with all means that use no fossil fuel, they still depend on it. Until they have an Elon Musk battery solution for the house heating, the equipment running, they rely on fossil fuels. So to shun fossil fuel firms is a little hypocrite as I personally see it.

The article also gives us “The United Nations (UN) recognises that the burning of fossil fuels – oil, natural gas and coal – “are by far the largest contributor to climate change”. It says that they account for “nearly 90% of all carbon dioxide emissions”.” That is nice, but the facts are ignored, the MEDIA is doing everything to spin it into another direction. I discussed this in ‘Uniform Nameless Entitlement Perforation’ (at https://lawlordtobe.com/2020/12/10/uniform-nameless-entitlement-perforation/) There we see a report by the EEA (European Environment Agency) where the cover gives us that 1% of the plant are responsible for 50% of the damage, so what do people like Matt McGrath (according to some a journalist) state? “Global ‘elite’ will need to slash high-carbon lifestyles” Yea right. Fossil fuels are here to stay. If you wonder why, wonder why the US sells 73% of its oil and then sends President Biden with its hand up to the UAE and Saudi Arabia asking for more cheap oil. The article sounds nice, and it is nice that someone takes a step in any direction, but with staff shortages as they are they can make all the presumption they want. I wonder where those ideals stay when it becomes a dog eat dog situation again. 

So when we see “The fossil fuel industry uses advertising agencies and PR agencies to make it harder for governments to hold them accountable. And ads are misleading and make companies seem more committed to climate action than they really are.” No one is asking when will the media give us the larger game where the US sells 73% of its oil, in that they become the foundation of shortage, but we do not really get to see that story, do we?

Reality
The reality is that we all realise that we need to change gears, we need other solutions and it is there that we see the larger problem. The EU with 147 facilities that the media avoids. The larger station that there are options and Elon Musk has several of them and in 2 years no one made a clear step towards instigating changes that allow for a different approach to the need of fossil fuel.  Not today, not yesterday, not last week. The foundation of options has been out and about for 2 years. Governments all over the world have shunned these solutions, as such the story of some PR firms shunning certain players reads like a joke. Governments are at the centre of inactions, but we do not get to see that part, do we? And all this BS of making the fossil fuel companies the bad player is partly a joke. Yes, they are not innocent, yet the world needs oil, that is clear as day and until the people leave their cars at home they can bloody well shut up. 

So when we see the end of the article “A lot of agencies will come to the point where they have to make the decision if they want to be able to recruit the brightest,” says Ms Townsend. “The young ones don’t want to work with oil and gas [clients].” Yes, that sounds nice and it is good to have ethical boundaries, but lets be clear. The government, the media are all in favour or misrepresenting certain parts, why are they not illuminating that side? Or are we putting fossil fuels quietly with the weapons and gambling branches? Because that has worked so well in the last decade. For me? I am in a different field, but if I can make good money in a branch and it is not illegal, ethical choices when I see the media and governments play catch and release with the truth and facts too shallow for words. 

In the end, I have nothing against Marian Ventura or her point of view, she is entitled to one and she is sticking to her guns (as it seems). But to read this in the BBC whilst Matt McGrath goes on his ‘Global ‘elite’ will need to slash high-carbon lifestyles’ Don Quijote tour whilst the EEA gave us 1% of the facilities create 50% of the damage and he has not once, NOT ONCE taken a full page investigating that side of things, is just a little too hypocritical to my liking. 

But it could just be me, you judge, the December 10th article I mentioned earlier has that report. 

Yes there is a place, there are many places and they all have a view, but I have some serious issues with the view I am seeing.

Enjoy!

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The media gets it this wrong?

That is more than a question, it is a statement and the ABC is joining the tool section of media. This all started today when I saw a piece by Stan Grant. The article (at https://www.abc.net.au/news/2022-07-17/joe-biden-upholding-rules-based-order-shaking-hands-with-killers/101242386) gives us ‘For Joe Biden, the price of upholding a global rules-based order seems to be shaking hands with killers and tyrants’ and the article is lousy from the start. We get “So this is what the global rules-based order looks like: US President Joe Biden sitting down with a Saudi leader with blood on his hands. US intelligence says Crown Prince Mohammed bin Salman approved the killing of journalist Jamal Khashoggi in 2018. His body is believed to have been cut into pieces and incinerated.” A little recap. The UN report (at [381]) gives speculation what had to be done, but there is no evidence of any kind that the CIA or other intelligence agencies had ANY realistic level of evidence that Khashoggi’s life was in danger, more important none of the evidence shows that there was a definite evidence. I saw one report that gives us that it was highly likely that a member of the royal family was involved. Lets repeat that ‘Highly likely’ and that is not evidence, as such the statement ‘sitting down with a Saudi leader with blood on his hands’ is a farce and pure speculation. In addition the statement “His body is believed to have been cut into pieces and incinerated” is equally speculative. Then we get to the statement “Osama bin Laden, who plotted the attacks, was a Saudi. Of the 19 terrorists who carried out the attacks, 15 were Saudi citizens. An FBI report has linked a Saudi diplomat to the attackers.” Lets look at that. The more correct version is “Osama bin Laden, who plotted the attacks, was a Saudi, trained by the CIA” as such the attack on America was done by a rogue CIA agent, but that is bad PR, is it not? Then we get “When it comes human rights, China ranks higher than Saudi, according to Freedom House.” Based on what data? How many nations were tested? These seem like harsh questions to ask, yet the writer added the line in the middle, so these questions are valid. Especially as Freedom House is added once in the entire text, the context is gone. In all this the Uyghurs might not agree with that statement, but behind every silver lining a new dark cloud is hiding. 

Is Saudi Arabia a perfect state? Not according to many in the west, not according to non-islamic people. I do not know, I have never been to Saudi Arabia, what I saw was from YouTube. I saw the Hajj today, I saw Mecca, a place that a christian will never visit because it is off limits to non islamic people. Am I upset? No, I am not. I reckon that there are places in Saudi Arabia I would want to see before Mecca ever graces my list. It is nothing negative, it is that Riyadh, Jeddah and Dammam have a lot to offer. I saw the video’s and they look awesome. I saw the Hajj, thousands of people united in one faith and these people are a mix of Sunni and Shias, praying next to one another in peace, more important they all have the same Quran. Try that in the western world. The Protestants and Catholics have been at each others throats for centuries and they still are. There are over a dozen version of the bible and they all claim theirs is the real one. There is ONE Quran! In the Mecca walk that someone posted I saw Mecca. I saw the streets, I saw a surprising amount of high rises. I saw Haagen-Dazs and I saw two KFC’s. I saw a shopping mall that is every bit as luxurious as the ones I saw in Sydney, Bangkok, Chicago or New York. I saw a vegetable store handing out bananas to passing people. Try that in London. I saw people happy and walking in joy. I think that we are more alike than unlike and it made me happy. The streets were clean, the people were walking all over and as they were closer to the Mosque, the pilgrims stood out in their white cloaks, all unified in faith. I can honestly say that I never saw such a sight in Lourdes. I saw no discord, It was an awesome sight. 

This all reflects back to the article. Is MBS guilty? No! He is not, is he innocent? I cannot tell because there is no evidence, and that what is there is warped. I stated that several times and there is something to say for the rogue agents. We have our own Cardinal Richelieu (1585-1642) to thank for that. Wasn’t it he who said “Oh, who will relieve us of these blasphemers?” No order was ever given, but the blasphemer was gone. Was this the same? I cannot tell, there is no evidence, but it seems clear that rogue agents were hoping for some reward. I like the response of one of the spokespeople best “Khashoggi doesn’t make the top 1000 of worries of the Crown Prince”, it is paraphrased. I tried to find the article again, but I was unable. Consider the facts, when Khashoggi was alive he was a mere columnist for the Washington Post. I reckon that less than a thousand non WP readers had a clue who he was. And now his name is stated in nearly every article that mentions Saudi Arabia or the Crown Prince Mohammed bin Salman Al Saud, have you not noticed that? So in this age, the US needs cheap oil and Saudi Arabia is the only source left for America. And in that race no one is asking why the US needs Saudi oil. You see America is the largest oil producer, followed by Saudi Arabia, Russia and China. In this day and age of everyone screaming to reduce oil, why does the US need Saudi oil? Perhaps the US needs to reconsider the stupidity they preach and come out clean why they need more oil. They are by several sources the largest producer of oil, so why would they need more? Perhaps I was right all along, to reduce oil usage one must redefine what is essential, it seems that the US is not doing that. But that side of the equation does not make it into the media, does it?

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The needy, the greedy and Dopey

Yes, a reference if ever there was one. Yet in the stage of an article that was the thought that hit me a second later. The article came from the Guardian titled ‘Fossil fuel firms ‘have humanity by the throat’, says UN head in blistering attack’. The article (at https://www.theguardian.com/environment/2022/jun/17/fossil-fuel-firms-un-head-antonio-guterres-blistering-attack) gives us all kinds of ‘information’ And we pause when we see “Fossil fuel companies and the banks that finance them “have humanity by the throat”, the UN secretary general has said, in a “blistering” attack on the industry and its backers, who are pulling in record profits amid energy prices sent soaring by the Ukraine war.” Yet the truth is not really that profound, is it? We can blame the oil dealers, but the truth of the matter is that for well over 20 years governments were dragging its heels in the investment that was essential for their nation, The US, the UK, Commonwealth nations, EU nations. None of them are without blame. And as such United Tony goes on a ramble of blaming. And with “They exploited precisely the same scandalous tactics as big tobacco decades before. Like tobacco interests, fossil fuel interests and their financial accomplices must not escape responsibility.” And where were the governments? Filling their pockets on that taxation. But that is something we do not get to see either is it? For centuries the world created a commodities environment and that should have stopped 30 years ago, or should have been deflated 30 years ago and now that the hole is deeper than one thought the blame game starts and the pointing fingers commences in earnest, but if you want to see the guilty party you only need to look into a mirror. 

And in the USA, where we see average diesel prices at $5.798. In November 2020 is was $2.462, in May 2008 it was $4.723, In June 1996 is was $1.179. This was a volatile market to begin with, there were clear warnings in 2008, which was 14 years ago and the 12 years before that there were more indicators. So where was the United Nations then? Where were the politicians then? So the tantrum the Guardian is giving us sounds nice, but the lack of actions is overwhelming as such we could go with the blame on ‘fossil fuel producers and financiers’ yet in all this where were the politicians, where was the media? The same media that shorted an EEA report that CLEARLY showed that 50% of ALL pollution was created by 147 facilities and I illuminated that in earlier articles, where was the Guardian at that point where its reporter was eager to blame all those jet owners? 

As such United Tony should get contemplate a decent grip on reality. 

So whilst we now see “The Guardian understands Guterres has been incensed by the recent behaviour of fossil fuel companies, which have been reaping a bonanza from energy prices sent soaring by the Ukraine war. Much of these bumper profits are likely to be invested in fresh exploration and expansion of fossil fuel resources.” All this with an earlier jab towards Saudi Arabia and the ‘need’ for President Biden to go there. Yes, there is a splinter of truth there, but the larger issues is that oil is a commodity, one many do not have and lets face it. The top three are United States, Russia, and Saudi Arabia. So if the US is one of the three top producers, why does it need Saudi oil? Did anyone consider THAT part of the equation? The US should have limited fossil requirements decades ago, but did they? So why is United Tony ignoring that part of the equation? And then we see the political ‘outrage’ with headlines like ‘Biden Was Always Going to Need Saudi Arabia’ and “Why Biden Needs Saudi Arabia: to produce oil and deter Iran” yet the simple truth is that Saudi Arabia needs to do what is best for Saudi Arabia and the US needs to produce more oil, or set the stage that less oil is required a simple setting that was out in the open for decades. Yet we also see a lack of actions from the United Nations and United Tony to set a clear agenda to LIMIT the need for oil. We see a lot of noise and we saw that for the longest of times, but how much ACTUAL actions were taken? Consider that one of the top three nations is appealing to Saudi Arabia to produce more. We get that he is not going to Moscow, we get that his actions are limited but this is a train-wreck from beginning to end. And the United Nations are a mere sample of Mukimono on the diner table and we need to realise this. 

So when we see “Fossil fuel firms ‘have humanity by the throat’” we want to blame, but who can we blame but our own reflection? So when people ask me ‘What did you do?’ I can say “I never bothered with a drivers license, I never owned a car. I walked nearly every day to and from public transportation” and in over half a century I only desperately needed a car LESS than a dozen times and they nearly all were part of moving day actions. Who else can make that claim? Yes, some call me Dopey for not having a car. Yet I saw people requiring $80 a week just to park the bloody thing, so who is the Dopey? Them or me?

Dependence on oil is a bad thing, but not addressing that need is worse. The politicians and people are mere junkies for the black goo. They can alter the language and give excuses but that is what a junkie does and those who wanted a solution found another way, so which nations have another solution? Yes, I reckon you will not be able to find one, even as New Zealand might be the closest to being one, it is in the same goo, just not as deep as all the other nations. 

It would have been nice for António Guterres (United Tony) to address the needy (US) the greedy (the political players) and tell the Dopey’s (the people) that the first step in addressing this problem is admitting to yourself in the mirror that you have one. Because the people are just as much to blame as anyone else. If you want to make claim that you are not the problem then leave your car at home for a week, for one week do without it. You will be surprised how many excuses you can come up with to grab the car, just like a junkie does. I feel fine, I have been without a car for half a century. So from the time we saw the Morris Marina until the Maruti Swift, I never had any of them. I get that there are times that a car is essential, we all get that, but I throw back at you that this year alone there are 1.446 billion cars, in 1970 the world had 200,000,000 cars. Over 50 years we saw a 723% growth of cars and some are essential, I get that, but 723%? We are all part of that problem, we drove the commodity of oil into the stratosphere and we are too scared (or cowardly) to admit that and the oil producing nations are having a great day, the Ukrainian war is merely an excuse. You see, 50% of that war (Russia) has its own supply and they have plenty. But that part is equally not illuminated. Why is that?

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