Obviously. The fact that there is always some risk doesn't mean blowing off particularly significant ones.
2025 U.S. - Venezuela conflict
- Thread starter brihard
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Obviously. The fact that there is always some risk doesn't mean blowing off particularly significant ones.
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Agree. Next we have to agree on the meaning of significant and particularly.
China has bought an average of 200,000 BPD from the 800,000 BPD TMX line which represents about 4% of Alberta's output.
The US bought an average of 173,000 BPD from the same route.
There was a similar amount shipped to other places like Japan, S Korea and Europe.
....
Tangent - the quality of the reporting on the internet.
Headline from Yahoo
China Becomes Canada’s Biggest Crude Customer Thanks to Trans Mountain
"The pipeline went into operation with its new capacity of 890,000 barrels daily in 2024. Between the launch of the expanded pipe and spring this year, the average flow rates for shipment to China reached 207,000 barrels daily. That compares with an average of 173,000 barrels daily pumped to the United States."
I guess we are ignoring the other 3 million barrels a day going directly to the States.
Makes you wonder who is controlling these headlines and who they are aimed at.
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Venezuelan infrastructure
m.economictimes.com
Dilapidated ports, old tankers complicate US oil companies’ Venezuela plans
Global oil firms are rushing to secure tankers and establish safe transfer operations for Venezuelan crude exports to the United States. Companies like Chevron, Vitol, and Trafigura are competing for U.S. government deals. Venezuela has stored significant oil on old, sanctioned tankers...
People talk about China weaponizing industry and such, so we should not be allowing them to invest in Canadian infrastructure such as pipelines, refinery's etc. Little bit of research would show they are already invested in those projects (directly and indirectly).
Here we have what we thought was a safe partner in the US, they have a lot of investment in the Canadian Oil Field along with other major industries.
Here we see them invade Venezuela over oil investment, They have threatened Greenland with the use of force to take over their "resources" errr I mean protect the northern hemisphere from Foreign aggression.
We supply goods and services, we should be supplying them to those who will pay for them. We also need to be prepared for slow times as well as the boom times.
China did not kill our softwood lumber market. The United States did and continues to degrade it. Simply put the US can not produce/ compete as well as we can. So they shut us down, they have been doing this for decades.
Here we have what we thought was a safe partner in the US, they have a lot of investment in the Canadian Oil Field along with other major industries.
Here we see them invade Venezuela over oil investment, They have threatened Greenland with the use of force to take over their "resources" errr I mean protect the northern hemisphere from Foreign aggression.
We supply goods and services, we should be supplying them to those who will pay for them. We also need to be prepared for slow times as well as the boom times.
China did not kill our softwood lumber market. The United States did and continues to degrade it. Simply put the US can not produce/ compete as well as we can. So they shut us down, they have been doing this for decades.
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America cut off their oil supply to try to persuade Japan to stop killing Chinese.
Stand by approximately doing nothing, or apply pressure which risks further escalation. Decisions, decisions.
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My point being trade ties keep people from war with each other, not necessarily with other nations.
Japan likely wouldn’t have attacked America if oil kept flowing as that was more valuable to them than any attack could be. Not saying it wasn’t necessary from a geopolitical standpoint.
daftandbarmy
Army.ca Fossil
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Hmmm...
That figures...
www.visualcapitalist.com
That figures...
Ranked: The World’s 50 Most Powerful Militaries
This chart shows the world’s most powerful militaries, showing that power comes from more than just superior firepower and troop numbers.
www.visualcapitalist.com
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Sure, but in some circumstances a nation finds itself in "we're giving them everything they insist they need, and they're still behaving badly".
