New rules… on oil

In the US’ rendition of Mad Maduro, there’s a silver lining beyond getting rid of his belligerence! It’s from the US declaration that not only will Venezuelans have to use the $2B from the 50M barrels of oil they’ve detained to buy American goods – they’re gonna dictate how all of Venezuela’s 300 billion barrels of oil are sold going forward!! Imagine that!! US Energy Secretary Chris Wright told the Goldman Sachs Energy Conference in Miami, “We need to have that leverage and that control of those oil sales to drive the changes that simply must happen in Venezuela.” While he stressed that the revenues would be used to stabilise Venezuela’s economy, they’ve signalled that oil majors Exxon Mobil and Conoco Phillips have first dibs for losses when their assets were nationalised by former President Hugo Chavez nearly two decades ago!!
Why this is important for us is that fossil fuel – and heavy, sour, crude fuel at that – is gonna be pushed for the rest of the century by the USA!! Meaning that our sweet, light crude will be needed if for nothing else than for adding it to all that Venezuelan crude to reduce its viscosity!! So, all those doomsayers who’re wringing their hands and weeping and wailing about us getting stuck with oil on our hands should wake up and smell the fumes of all those refineries in the newly named Gulf of America!! Right now, Venezuelan PVSA’s three Gulf refineries – part of their Citgo empire that’s being auctioned off – have already geared up to use the heavy crude they were designed to refine. And wean themselves from the Canadian stuff they were forced to use because of the sanctions!!
There’s talk about the American oil majors being skittish to invest in Venezuela right now because of possible acts of terrorism Chavista loyalists might launch on gringo businesses setting up shop after hauling off Mad Maduro. But since the initial “investments” by ExxonMobil and ConocoPhillips will already be covered by the money they’re gonna get for the twenty-year-old nationalisation awards, it’s no sweat off their brow!! And Chevron’s already there since they were exempted from sanctions and just have to ramp up their operations!!
And what about continued usage of fossil fuel pushing global warming past the tipping point and turning Mother Earth into one big desert?? The Trump administration has always maintained that such claims are part of the woke agenda that needs to be thrown into the garbage bin!!  There might be global warming, they concede – but it ain’t due to burning fossil fuel!! And even there we have our forests as a “carbon sink” soaking up carbon dioxide!!
So, what’s the bottom line for us as a newly minted oil producer??  Drill, baby, drill!!

…on global real estate
Folks in Europe have their bucktas and drawers in knots because the US under Trump is following up on their interest expressed since 2019 to acquire Greenland!! Now Greenland is a glorified (if massive) 836,330-square-mile chunk of ice that’s inhabited by just 87,000 persons and is a colony of tiny Denmark. While there has been talk of a US invasion to take control of the strategically important Arctic real estate – against encroaching Chinese and Russian interests – the US has declared it’s willing to pay for it.
There’s precedent for such a move in the “Alaska Purchase”!! Yep… America’s largest state – at 663,268 square miles – was purchased from the Russian Empire for the sum of $7.2 million in 1867 – equivalent to $132 million today!!! At the time Alaska had a population of some 30,000, mostly Inuits – the same people who were colonised by the Danes.
The US should offer to pay the Inuits for purchasing Greenland – which will make them rich!!

…on warfare
The reason why the US could take out Mad Maduro without the expected massive retaliation from their army, navy or air force was the complete air-domain dominance by the Yanks!! They were able to jam the radar and communications!!