#Oil economy

[finance-economy]

Norway's Perfect Economy: Achieving Balance and Prosperity

[tshortik]

I love you messy artstyle i love you visible brush strokes I love you textures and rough edges I love you imperfections I love you roughness and colour blobs I love you scratchy sketches and bold stylisation and dirt and imperfections I love you ugly and raw emotion!!!!! ❤️

[jackassdemocrats]

Kamala Harris Tax Proposals

[hope-for-the-planet]

Images and text from this Reuters article.

"OPEC cut its forecast for global oil demand growth this year and next on Tuesday, highlighting weakness in China, India and other regions, marking the producer group's fourth consecutive downward revision in the 2024 outlook."

[buffetlicious]

This Singapore Fried Noodles (星洲米粉) from the tze char (煮炒) is for mum. Basically, a rice vermicelli noodles stir-fried with shrimps, char siu, eggs, bean sprouts and cabbages with a lime to add some acidity and citrus fragrant.

I am a rice person so Economy Rice (菜饭) is my go-to option. Got some stewed potato slices, egg tofu with a piece of steamed fish fillet. I love my fish simply steamed with a drizzle of shallot and ginger oil for added fragrant.

[tomorrowusa]

« [W]hat has long been evident is that Putin’s presidency has been little different from the Soviet era, in that he has made Russia a military giant but an economic dwarf. His gangster state has never been able to diversify; while the world buys Chinese cars and American software, the only thing we buy from Russia is oil, and the gradual turning away from hydrocarbons will eventually expose this as an appalling waste of a country’s potential. »

— Will Dunn at The New Statesman.

What is now tanking Russia is essentially what tanked the Soviet Union – a lopsidedly bad economy. And what barely keeps the sputtering Russian economy from totally collapsing is oil.

So Russia is now a badly run petrostate under the control of a nostalgic dictator who is trying to restore the Soviet Union in all but name – as miserable as that sounds.

One irony of Donald Trump's "drill! drill! drill!" policy (if it actually works) is that it would help undermine Russia's only major source of income.

For the Russian economy, however, Trump represents a looming risk, because however exceptional Putin believes his country to be, Russian prosperity ultimately depends on Western consumers. The reason for this is that Russia runs on oil. With most of its gas exports to Europe stopped by pipeline closures and sanctions, it has become an economy dependent on a single commodity, and while oil prices are high, money flows into the Russian current account. What scares the Russian central bank is the risk of a global financial slowdown that reduces consumer demand around the world, and therefore the price of the oil that is intrinsic to manufacturing and trade. That is exactly the world Trump is promising: a world of de-globalisation and trade barriers.

As I mentioned a few days ago, people in the West need to stop overestimating the strength of Russia. It has a couple of million people involved in its military or military industries, but they are poorly trained and not particularly motivated. Russia may have a lot of weapons, but those are almost always inferior to Western equivalents; many date back to the USSR and are even physically rusty.

At the beginning of this century Russia had the potential to become another Germany in economic terms. It had the talent and adequate infrastructure. But under Putin, Russia has become a parody of the Brezhnev-era USSR – but perhaps even worse. Putin's disaster in Ukraine makes Brezhnev's debacle in Afghanistan seem like a day at the beach. Putin has unintentionally let the world see how pitiful his military is and put on full international display the decrepit nature of Russia's economy.

[jackass-democrats]

Kamala Harris Is Exposed For Who She Really Is

As always, never buy anything made in china. Don't ever trust a democrat and NEVER leave your child alone with one.

[crazysnakey]

Don't forget the reason the U.S. is supporting Israel's genocide of Palestine - hell, 90% of the reason they ever get involved into something in the Middle East is for ulterior purposes regarding oil.

That and the Ben Gurion Canal project, which you can learn more about:

Also this short video explaining the canal's significance and full history in summary:

Simply put,

[ernestbruce]

Ukraine, destroy ALL Russian oil refineries, please

i give you my permission to fuck with the Russian economy all you want

FUCK RUSSIA

[dailyanarchistposts]

Desert like view of sunny Syria

Most likely all of us have heard or read about the war in Syria that started around 10 years ago. It has been the bloodiest war in recent times. UN said the body count to be over 350 000 and the amount of refugees because of this war is something like 12 million. The area is suffering from extreme drought, poverty and corruption. It sure sounds hopeless. Bit less know but still relatively well known is the stateless state, the autonomous administration that was born in the area in the middle of all those mentioned horrors. Revolution that carried the Kurdish name Rojava was set up in the midst of those drying lands. People trying to build an area with freedom of women, peaceful co-existence with all ethnicities, direct democracy and ecology. Who would ever oppose such things? Well surely there are many who do, but I mean that most of us people who believe in humanity and such, would not oppose stuff like that. It also got me interested and like many anarchists alike, I traveled to Rojava. To see it myself, to live through it. To learn and share, to be part of something that is changing history.

I guess learning good things always requires of learning bad things as well. And I assume that revolutions are never just smile and sunshine. Sunshine on the other hand is something that Rojava surely isn’t lacking. I came on early summer and was aware of that Middle East is hot. But I really didn’t think it to be that hot. Endless amount of sunbathing and exhausting heat. I’ve only lived in North America and and Northern Europe and this was something I couldn’t imagine beforehand. And it was not only me who couldn’t take the heat, most of people were not outside during the daytime. Temperature was over 40 for months. Nights were not much better. People said it is like this nowadays. That it gets worse every year. The lack of electricity was making it even worse. Some places had shortage of water for weeks at the time. Loud generators were spitting black smoke while trying to transform the dirty diesel into electricity. Motorbikes, cars, pickups, trucks, spitting also black smoke in the air. Clouds of pollution that are not really moving anywhere but was just standing still. Soil turned into dust and when there is wind that sand dust flies around and gets deep into your skin, inside your laptop, your clothes, your lungs. Black shoes were not black after walking just few steps outside. I felt being on some desert but this area was not suppose to be desert. Us humans just made it that way. The climate change didn’t wait until we got some agreement on the carbon cuts. That fact really slaps you in the face here.

The region is facing the worst drought in years. Some say in 25 years. Numbers don’t really matter anymore as the soil is just vanishing with the wind. Disappearing from an area that is suppose to be the breadbasket of the country. In worst case that will lead to famine. Last summer there was already a shortage on bread. And this is the Rojava. The place where people try to manage stuff so that there would not be famine. Unlike the neighboring country, Assad’s Syria, which is way worse. There is the same drought and besides that the corruption on all levels of society. Then there are neighboring countries like Iraq and Iran where people and students protest heavily against the corrupt leaders that cannot manage in any way the problems that climate change has brought. There is Turkey, a country that is putting more effort on sabotaging Rojava’s water supplies than putting down forest fires and disappearings of lakes inside their own region. This area is surely drying out faster than it should. Studies show that global warming happens in this part of the world faster than in other places of the world.

One big problem is oil. There exists a theory that where is oil production there will be destruction of the area, both environmentally and socially. Middle East is like the oil pump of the world. Endless lines of oil trucks on the highways that go through fields turned into desert was a horrifying sight. Trucks on the asphalt roads that the burning sun had softened. Looking at those trucks in lines and few times losing count after seeing 40 of them, it really made me think is this really worth it. How many places we still are going to turn into Mad Max style deserts before we start to think there is something fundamentally wrong in our lifestyles in the western world. Literally, we suck the life out of these places and burn them into ground. Sure this was not a new thing for me, but seeing it in front of my very own eyes, well, it just feels more raw. Feels more brutal and touches you deep. And then there is the war. Drones and jihadists make things really hard here but still people try.

The problems I’ve seen here were not so much about people, but it more about the states everywhere. The colonialist and imperialist states that still play around here their power games and resource wars. Other states continuing to destroy the climate and the biggest bill to pay is here where the climate has warmed so rapidly. States really prevents the best potential to come out of people here.

When Noam Chomsky was asked earlier this year in an interview what he sees as the greatest obstacle in solving the climate crisis, his answer was similar as my observation here: Two major obstacles. One is of course the fossil fuel companies. Second is the governments of the world, including Europe and the United States.

Çîrok Ecnebî,

During the Christmas time 2021 in Rojava.

[allthebrazilianpolitics]

Petrobras’ annual oil & gas production reaches new heights

Brazilian state-owned oil and gas giant Petrobras has achieved new oil and gas production milestones in 2023, exceeding its strategic 2023-27 guidance. However, the hydrocarbon production volume was in line with the Brazilian player’s revised production forecast, within the range of ± 2%.

Petrobras unveiled its new strategic plan for the 2024-2028 period in mid-November 2023, outlining that oil and natural gas would be given the biggest slice of the $102 billion investment pie. The company sees oil and gas as drivers of growth, which will propel and fund the energy transition to greener sources of supply.

The Brazilian player reached total oil and natural gas production of 2.78 MMboed in 2023, 3.7% higher than the production recorded in 2022. Petrobras’ commercial production of oil and natural gas was 2.44 MMboed and oil production was 2.24 MMbpd last year.

One of the company’s 2023 highlights was marked by an annual record of total own production of oil and natural gas in the pre-salt, with 2.17 MMboed, surpassing the previous record of 1.97 MM boed in 2022. This represents 78% of the firm’s total production.

Continue reading.

[superblyeffective]

Israel launches retaliatory airstrikes on Iran Channel 4 10/26/24

[buffetlicious]

Mum came home from her marketing trip in Chong Pang with this takeaway box of Brunch. Inside, a steamed fish fillet with a drizzling of shallot oil, garnished with spring onions and chilli occupied half the box. Stewed eggplant or brinjal and stir-fried pork slices in gingers and onions took up the other half with a bed of white rice below.

[ceiling-karasu]

Honestly, the idea of a very large country in my AU that sells most of the world's oil is very tempting.

I have mentioned oil and gas a few times, which means it has to come from somewhere. And since it’s a finite resource, there has to be international issues. Like, if a country has oil, then why hasn’t the United States Alliance taken it over, if there aren’t constant conflicts over it? Is the Wolf Unit going after Flower Hill just a small part of a larger force that is responding to a collection of a favor?

I mean, Africa on the map shown is right there with one flag. The United States Alliance would be more focused on the country below them for oil, though, if there is a Venezuela equivalent in that yellow portion.

I could also give the Jindo Empire oil, but then, having the naval supremacy nation with a world wide assassination/spy web also be an oil tycoon makes it sound overpowered, perhaps, even if it would help explain the naval abilities outside of dangerous water currents. My OCs (Jinro and Hite) from there might be a little bit too laid back for coming from that type of country. Then again, they are just cooks and soju makers, not running the government.

On one hand, both are a little too easy, like it’s being lazy. On the other hand, I don't necessarily want to have international relations and conflicts take up too much of an AU focusing on Flower Hill and Geusmaegi.

That kind of thing could be kept for Nunsongi and Strategist to consider.

[alwaysbewoke]