Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Monday, March 26, 2018

Petro Yuan

Today is the launching date of Oil futures trading in Chinese Yuan convertible to Gold. The US Petro Dollar is no longer King.

Thursday, February 4, 2016

Water and Oil

The hazardous water crisis in Flint, Michigan, is another wake-up call. Indeed, not only the U.S., but the whole world must wake up.
 
Water is more precious than oil. Whether it is profitable or not, burning fossil fuels for energy is just primitive, not advanced. One day, in the future, clean, green and renewable energy will become the main source of energy.
 
We can live without oil, but we cannot live without water.

Tuesday, November 3, 2015

Is Saudi Arabia Going Bankrupt?

Just finished watching a YouTube video of TestTube News titled ' Is Saudi Arabia Going Bankrupt ' ? It says 80% of Saudi Arabia's economy relies on oil revenue. At the current price of less than $50 a barrel, economists have predicted that Saudi Arabia could run out of cash in 5 years. Would that come true? I don't know, but it is not impossible.

I said it in the past, and now again, that if not for its oil, Saudi Arabia would be reduced to a backward and poor country. Burning fossil fuel for energy is ' primitive ', not advanced. The whole world should reduce the use of fossil fuel and switch to renewable and clean energy. It is not only good for the environment, but also good for human health and the world economy in the long run.

Yes, eventually, the world economy will rely more and more on renewable and clean energy, although it is not that obvious to people whose mind just got stuck in the past. One day, oil as the main source of energy will become something of the past.

I don't want to see Saudi Arabia or any country become poor and bankrupt. I only wish that all countries, including Saud Arabia, would live in peace.
  

Wednesday, August 12, 2015

Precious Water

In the news, three million gallons of metal-contaminated wastewater has turned the Animas River in Colorado into mustard color. It looks bad. The U.S. Federal Government says that 40 percent of west coast headwaters are contaminated by mine runoff.

There are so many such water-contamination incidents, oil spills and man-made environmental devastations in the world. When will the humans learn that water is more precious than oil and gold?

Wednesday, July 15, 2015

The U.S. Iran Nuclear Deal

The U.S. Iran nuclear deal is seen by many as President Obama's greatest diplomatic achievement. But there are also people who are adamantly against it. Israeli Prime Minister Benjamin Netanyahu calls the deal a historic mistake. Angry war hawks and neo-con Republicans in Washington condemn it. Obama says if Congress tries to kill the deal, he will veto the opposition. Whether you think it is a bad deal, an average deal, or a good deal, it looks like it is going to be a done deal.

The geopolitics in Middle East is not a simple matter. In addition to money and power, it is further complicated by oil and religion. Sunni and oil-rich Saudi Arabia does not like Shite and oil-rich Iran. Sunni and Shite Muslims have been fighting each other to this day since the death of prophet Mohammed in 632 A.D. Arabs fight against the Jews, Persians (Iranians) and non-Arabs. Muslims fight against the Jews and Christians. Muslims fight against other Muslims. Netanyahu feels threatened by Iran's building a nuclear bomb. The Israel Palestine issue remains an unresolved conundrum. There is mess where there is oil (pun intended).The oil-rich Middle East is a big mess!

Netanyahu's accusation of Iran building a nuclear bomb has more to do with his own political fear than proven fact. There is a difference between building a nuclear bomb and having the ability to build one, not to mention that Israel itself is a nuclear power, the only one in the Middle East.

I am not saying that Netanyahu should not be concerned about Iran's ability to build a nuclear bomb. We should all be concerned. But it is untrue that Iran is actually and already building a nuclear bomb. Why does Netanyahu call this U.S. Iran nuclear deal a historic mistake, when it addresses his very concern, to forestall and prevent Iran from building a nuclear bomb?

This U.S. Iran nuclear deal is the result of hard negotiation, with the participation of Iran, the five permanent members of the UN Security Council (U.S.A., U.K., France, Russia, China) and Germany. Are these countries all stupid? Of course not. Is it pre-mature, presumptive, or prejudiced, for Netanyahu to call this nuclear deal made by these definitely-not-stupid world powers a historic mistake? Why is it a historic mistake and not a historic achievement? At the least, we must wait and see, instead of jumping to negative conclusion.

I don't blindly take side with one country against another. I always take side with peace. I am not against the U.S., Iran, Israel or any country. I am against violence, killing and war. Those who are against this U.S. Iran nuclear deal must tell us what the alternative is. If you don't choose a political and diplomatic solution, then the only alternative left is military action and war. The question is this: do you want peace, or do you want war?   

Speaking as a pacifist, there is no wrong peace. Is this U.S. Iran nuclear deal a bad deal, average deal or good deal? Since there is no wrong peace, all peace deals are better than no peace deal at all. Peace !!!      

Thursday, July 2, 2015

Good Guys and Bad Guys in World Politics

Just finished watching a Youtube video of Lada Ray titled 'Putin's Gambit: Germany To Replace Ukraine As Russian Gas Transiter'.

Here are my thoughts and comments:

Lada Ray is a good political analyst and commentator. Sometimes she talks beyond the mundane. Her comments in this video and others tell me that she see things well from the Russian perspective. I agree with her that Putin is a great chess player. Of course, Uncle Sam depicts Russia as the bad and isolated guy. The truth is that Russia is not isolated. As to who are the good guys and who are the bad guys, please study, observe and decide for yourself.

In diplomacy, there are no bad guys. In war, you are the good guy and your enemy is the bad guy. In politics, the good guys and the bad guys are the same guys. An angel blinks his eyes and becomes a devil. A devil snaps his fingers and becomes an angel. Politicians are neither good nor bad. Politicians are politicians.

If you are interested in oil and pipeline politics, watch this video. It is about 21 minutes long. I feel sorry for the people in Ukraine. However you look at the situation in Ukraine, it is a loser, not a winner. Ukraine is not a good chess player. It is not even a player. It is the chess.

Ukraine is a chess game played by the two major players, the U.S. and Russia. Some NATO countries like Germany and France take side with the U.S. against Russia for external show, but work with Russia not-so-openly for their self interests. Peace! 

Sunday, March 29, 2015

Stephen Harper's Canada

First and foremost, I don't belong to any political party in Canada or anywhere. I don't blindly take side with one political party against another political party. I look at the issues and concerns rationally, and see how our leaders deal with them. Basically, I am a pacifist. I am pro-peace and anti-war. I am pro-diplomacy and anti-destruction. I am pro-negotiation and anti-nuke. I am pro-freedom and anti-fear. 

I am a Canadian. I love Canada, even the whole world. I am very concerned about the Harper Government's domestic and foreign policies. To put it bluntly, I don't like them. But do I still respect Stephen Harper? Yes, he is our prime minister. He is not all bad. Is he a good politician? Yes, he is. Is he a great statesman? No. 

Today's Canada is not the Canada that I used to know. Sad to see that Stephen Harper has joined the U.S. led Fighting and Killing Club.It is my opinion that Canada must not go into Syria to strike ISIS. However bad you think Syria is, it is a sovereign country. Call it a dictatorship, evil empire, or whatever, it is a sovereign country. Without the support of the Syrian Government,  it just doesn't make any legal and diplomatic sense, to go into Syria to fight ISIS or do whatever. Does Syria post a direct threat to Canada? No. Even if it does, the Canadian Parliament must first approve a declaration of war against Syria, before Canada should go into Syria. Have we learned anything at all from 911 and the illegal U.S. invasion of Iraq? Had there not been an Iraq War, there would not even have been ISIS. Do international law and the U.N.Charter mean anything at all ?    

Canada used to stand for Peace and Peace Keeping. What is Canada now becoming ? Now that oil price has dropped drastically, Harper and his gang can no longer boast that Canada is a super oil power. Alberta is moaning. Sorry, no more easy oil money! I feel very sad that Harper is turning Canada into a militarized and war-oriented country. 

I despise politicians who use moral justification in their military actions, to order the fighting of evil with evil, and killing of other human beings, including the innocent, all in the name of god and religion. Adding religion to politics only makes it stink even more.To me, war is the worst kind of organized crime. There is no true honor in killing innocent people, whether they are your enemies or your own countrymen. Can you tell me any war which was not messy, in which there was absolutely no injury or death of the civilians? You can't. Want to talk about moral high ground ? How about Thou Shalt Not Kill ? How about Love your neighbor ? How about Love your enemy ? So many religious and political hypocrites !!! 

Regarding fighting ISIS, I do not favor the military involvement of Canada. I support any humanitarian work, such as helping the refugees and displaced people, which Canada is very good at. I would like to see Canada return to its old peaceful way. Improving homeland security should focus on home soil, not by fighting and killing in foreign lands far away. Again, have we learned from 911 and the U.S. illegal invasion of Iraq? Don't tell me that you don't understand the difference between Defense and Invasion. To defend your country, you must focus on your homeland and its border, not by invading another country or engaging in fighting and killing people far away from home. 

In the past, if you held a Canadian passport, you would be welcome everywhere in the world. After 911, some American travelers pretended to be Canadians, to avoid being targets of the terrorists. Today, the terrorists treat Canadians the same as Americans. Why? Please do some thinking yourself and you will find the answer.

I love Canada, but not Harper's Canada. As said earlier, I don't belong to any political party, but I am hoping that Stephen Harper will not be re-elected in the upcoming election. But there is a good chance that I will be disappointed. He may win again!     
 

Tuesday, December 31, 2013

Climate Change

It is rather stupid to argue about climate change. Climate always changes, from Spring, Summer, Fall to Winter, then back to Spring. The climate that you like or dislike depends on the time and location of the place in question. Whether you believe in global warming or deep freeze, climate will continue to change. The focus should be rather about pollution and irresponsible human activities in abusing nature and misusing its natural resources, which is a fact. Of course the big oil companies and oil producing countries will continue to promote the production and use of oil. It is their interest to make big money and huge profits. But it will change. It is already happening, I mean the production and use of green and renewable energy in lieu of burning fossil fuels. Did you hear my joke before ? It is this: due to the cold weather, the gathering to protest against global warming has been cancelled :)

Sunday, August 8, 2010

Iraq War

I am shocked by some people who still think that Bush and gang 'did the right thing', by invading Iraq as a response to 911.Committing a war crime, or doing something illegal,causing the death of thousands upon thousands of innocent people,could not be doing the right thing.

Emotionalism, nationalism, political bias, economic gains, access to oil,religious bullshit - all these cannot change the illegality of the Iraq War.It was, still is, definitely illegal.

Sunday, December 13, 2009

War

It was probably a lie, if you were told that the wars were about god, religion, democracy, this and that, but had nothing to do with money, power and oil. Many so-called peace makers in this world were rather trouble makers, killers, money and power hungry go-getters and schemers. War is the worst kind of organized crime still being committed by the technologically advanced, but spiritually primitive humans.

In God We Trust

Didn't I tell you that to some people, GOD means Gun, Oil and Drug ? Indeed the " GOD-believers" made huge profits selling those 3 things. Now you know the true meaning of "In God We trust" uttered by those people !!!

Sunday, September 6, 2009

GOD means Gun, Oil and Drug

In the news, 1 out of 4 homeowners and renters in U.S.A. are late in mortgage or rental payments. America, America, what have you done ? Where is this God who is supposed to bless America ? The truth is that there is no God who bless America or any country. The mess in this world was rather created by the humans themselves. GOD to some people means Gun,Oil and Drug.