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Page added on August 20, 2020
The Saudi royal running the kingdom’s oil policy is achieving something his predecessor never did: bringing the quota cheats of OPEC+ to heel.
Prince Abdulaziz bin Salman has done this through an unusual method. The cartel has instructed members who failed to deliver their agreed share of oil-production cuts — like Iraq and Nigeria — to promise extra reductions in compensation.
These punishments pose an unrealistically onerous burden for economies that have been laid low by the oil slump. Sure enough, the countries concerned aren’t complying with them, and initial compensation cuts pledged for July never happened.
But the strategy is paying off for the Saudis. In July, Iraq and Nigeria both achieved 85% of their targeted reductions, according to OPEC+ data, levels of compliance they’ve almost never displayed before.
That’s a sharp contrast with last year, when Baghdad disregarded its OPEC+ quota entirely, increasing supply when it should have cut. The long-running issue is known as the cartel’s “Pinocchio Problem.”
In aggregate, the group implemented 95% of its production cuts last month. Such high compliance has been achieved in the past, but only because a few members — frequently Saudi Arabia — curbed output far more than required.
In July, the cartel’s success didn’t depend on the kingdom pumping way below its target.
The Organization of Petroleum Exporting Countries and its partners have been making vast output cuts this year — about 10% of global supply — to offset the loss in demand from the coronavirus crisis. They’ve helped to triple prices in four months, and much of that success has been down to the discipline instilled by Saudi Arabia.
When Prince Abdulaziz was appointed as the kingdom’s energy minister last year, analysts predicted his decades of petroleum diplomacy would prove an asset in OPEC negotiations. His crack-down on quota-busting suggests they were right.
39 Comments on "Saudi Oil Prince Gets Results"
Theedrich on Thu, 20th Aug 2020 11:03 pm
Our bribe-ocratic Congress wants America’s death. Even after Alex Berensons well-researched book, Tell Your Children: The Truth About Marijuana, Mental Illness, and Violence, the brain-poison industry continues to bribe congressmen and -women to help it destroy the country. The marijuana syndicates are even claiming that the drug is a palliative for the Chinese virus, doing their best to seduce the House of Representatives into assisting pot sellers in banking, giving them access to credit and financing through the bipartisan (321-103), deceptively named SAFE Banking Act. Scott Chapman, vice president of Americans Against Legalizing Marijuana, points out the disaster this would cause:
The horror of our descent into chemically induced madness cannot be overstated. Pot is often propagandized as a helpful medical substance. In reality, besides the insidious brain deformation and deterioration the weed (sometimes even laced with heavy doses of thought-paralyzing THC or lethal fentanyl) causes on its own, it is well known to be a gateway drug leading to dependence on even more deadly toxins. And once an individual has become addicted, more often than not there is no way back. Rehabilitation programs of all kinds have been tried at great expense to families and taxpayers, with very limited success. And with a lucre-obsessed Congress willfully blind to the national cancer, It is obvious that the nation is doomed. No amount of appeal to patriotism, American values, or the theme song of we killed the nasty Nazis will save us from our diseased form of government. A fish rots from the head down.
In addition, the ChiCom virus will pounce on those whose immune and nervous systems have been compromized by marijuana and the other drugs. It may even be the real reason why so many seemingly healthy younger people without co-morbities suddenly succumb to the virus, giving politicians the excuse to issue yet more diktats. In the long run, the drug plague is actually a form of (usually) slow suicide.
The real question is why the White race has decided to end its participation in evolution.
Abraham van Helsing on Fri, 21st Aug 2020 12:47 am
Watched yesterday a documentary about Hitler on Dutch television. As you can imagine I dropped everything I was busy with. The tone was fairly neutral, objective even. They said something about JFK I could verify now. Turns out JFK always was a “Berliner”:
https://www.independent.co.uk/news/world/world-history/a-berliner-in-1963-but-did-former-us-president-john-f-kennedy-once-admire-adolf-hitler-8629991.html
“A Berliner in 1963 – but did former US president John F Kennedy once admire Adolf Hitler?”
The young JFK praised ‘superior’ Nordic races during visits to Germany
Skip the “once”, he was a life-long admirer of Hitler and Germany, this Irishman. Not in the least because his father also was.
Joseph Kennedy was US ambassador to London in the run-up to the war, a war Joseph Kennedy tried to avoid. For that he was fired by Roosevelt, because the latter was desperate to get the war and hence American empire started since 1933, together with his Soviet buddies and cash in on a gigantic oil-based economy. And when Chamberlain confided to Kennedy during a walk in the park that Britain had been pushed into the war by “Americans and world Jews”, he wasn’t saying anything to Joseph Kennedy the latter didn’t already knew:
https://documents1940.wordpress.com/2017/09/25/chamberlain-and-the-forrestal-diaries/
(US defense minister Forrestal, who wrote this down, was later “suicided” by the CIA and thrown out of a high-rise hospital, but I digress).
JFK. The only serious opposition against the youknowwho before Trump. Nixon had some half-baked intentions (listen to the recording with Billy Graham), but was dumped in time by the youknwwho, no need to kill him.
The Wink on Air Force One:
https://rense.com/1.imagesE/thewink.jpg
The early hours of the presidency of LBJ. The wink underlines the “mission accomplished” aspect of it all. Johnson had told his mistress the day before that they would silence JFK:
https://www.youtube.com/watch?v=79lOKs0Kr_Y
JFK was the only frontal, serious attack against the Jews, an attack that failed, unfortunately. The Sinister Murderous Tribe had successfully executed the hit.
Abraham van Helsing on Fri, 21st Aug 2020 1:11 am
“Our bribe-ocratic Congress wants America’s death.”
Under the given circumstances: let the f*cker die, as in fall apart. Would clear the air enormously.
“The real question is why the White race has decided to end its participation in evolution.”
Too defeatist, it hasn’t. The hope for survival of the white race lies entirely in continental Europe, that is a reformed EU + Russia-turned-into an identitarian Europe-of-the-Fatherlands in the spirit of Charles de Gaulle that will replace the notorious globalist Anglos:
https://parisberlinmoscow.wordpress.com/2020/08/04/grece-nouvelle-droite/
Together with the white parts of a balkanized North-America after CW2 (“Eurosphere” Commonwealth), it would be a difficult to beat geopolitical constellation. CW2 and a few hundred thousand if not millions of dead Americans, will efficiently kill any notion of “diversity” being a good idea and will bring the idea of race back at center stage, where it belongs.
The rest of the 21st century will be mainly a race between Greater Europe and China about who will land first on the Moon, Mars and Europa.
(After having accomplished the renewable energy transition first)
Abraham van Helsing on Fri, 21st Aug 2020 6:01 am
Fauci on Trump:
https://www.spiegel.de/wissenschaft/medizin/anthony-fauci-im-ernst-der-praesident-ist-ein-kluger-mensch-er-versteht-die-dinge-a-00000000-0002-0001-0000-000172636972
“Im Ernst, der Präsident ist ein kluger Mensch, er versteht die Dinge”
(Seriously, the president is a smart man, he understands things)
Dredd on Fri, 21st Aug 2020 9:45 am
The prince of Oil-Qaeda is like the prince of the mass slaughter of animals for food industry (On The Origin Of The Home Of COVID-19 – 14).
Even a train wreck gets “results”.
I AM THE MOB on Fri, 21st Aug 2020 9:51 am
Prince Charles said the other day to the indempenet. That people should grow their own veggie gardens for food in post covid world.
WOW! When the world most powerful are parroting Michael Ruppert talking points from 2012. Lol
https://www.independent.co.uk/life-style/royal-family/prince-charles-rethink-radio-4-food-production-environment-a9586796.html
Once the general public realizes that “normal” is never coming back. Global society will totally collapse. Deal with it.
Survival of the fittest!
Duncan Idaho on Fri, 21st Aug 2020 10:04 am
No Longer Leader of the Free World: Trump Admin. Humiliated at UN over Iran Arms Embargo
https://www.juancole.com/2020/08/longer-humiliated-embargo.html
They chuckle at the Fat Boy.
Duncan Idaho on Fri, 21st Aug 2020 10:31 am
“extraordinary record of sleaze”
Duncan Idaho on Fri, 21st Aug 2020 10:35 am
‘stealing money from MAGA-dopes’
Abraham van Helsing on Fri, 21st Aug 2020 11:01 am
Poor duncan, completely obsessed with Trump and white people in general. One burning pile of pathological hatred, our duncan.
IFuckBrownDiversityInTheAss on Fri, 21st Aug 2020 12:08 pm
StarvingLion » Fri 21 Aug 2020, 12:58:10
The CRIMS know without the US $ they are worthless sacks of shit. So they all they have to peddle is the Cultural Marxist crap of idiots staring into their apple toys
Do you mean that kind of crap:
https://www.weforum.org/platforms
or that kind of crap
https://www.weforum.org/focus/racism-and-racial-injustice
Canada fucking losers globalist shit hole populated with ugly brown diversity.
Have a nice weekend sir
Cloggie on Fri, 21st Aug 2020 12:26 pm
Clog’s renewable energy university.
Quiz time!
In an effort to reduce burning of biomass, like spaghetti, the directorate of the Tour de France has decided that every one of 152 cyclists will get a pedelec, that does 40 kmh on 15 Wh.
How many solar panels(in France) are required to power these free-wheeler’s?
a. 20,000
b. 2,000
c. 200
d. 20
tik-tok-tik-tok
Davy on Fri, 21st Aug 2020 12:44 pm
e. other
Pedelecs are not powered by solar panels. There powered by batteries.
stupid
zero juan on Fri, 21st Aug 2020 1:38 pm
forum clown:
Davy said e. other Pedelecs are not powered by solar panels….
Cloggie said Clog’s renewable energy university. Quiz tim…
Juan, baby said Thanks Davy, baby. I don’t hate you either. So sor…
IFuckBrownDiversityInTheAss said StarvingLion » Fri 21 Aug 2020, 12:58:10 The CRIMS…
Abraham van Helsing on Fri, 21st Aug 2020 3:49 pm
Scary people, these Portlanders:
https://twitter.com/KittyLists/status/1296628991445491712
Revolution brewing in the US.
joe on Fri, 21st Aug 2020 4:49 pm
The Dems narrative collapsed this week. The US was STILL supposed to be on lockdown right now and Trump was STILL supposed to be either bunkered in wht hse or mar a lago, or impeached for shooting ‘protesters’. The fact that he dragged the US largely out of lockdown and exposed the Dems as a corrupt band of inept criminals and hypocrites like Kamal
Harris whoes linage is in slave owners from Jamaica and she used Bidens crime law to lock away Americas blacks by the million. HILLARY called blacks ‘super predators’. The Liberal Dems and ProRemajn Brits have been living a luxurious life raping kids in the virgin islands all under the watchful eye of the CIA/Mossad/MI6. Trump wasnt into the kiddies so he was a threat. When Wexner (Victorias secret 14yr old model peddler) and Trump got into fights over property in Florida he proboly snapped. Trump knows the Dems/Liberals are disgusting compromised animals, theres allot of Reps like that too, but Trump is cleaning them out of the Reps much quicker. The new BigTech generation is far more compromised and subverted than even the Clintons.
Obamagate is looking like a scheme to protect the monied Virgin islands billionaires both American and British. Now we can see why Teresa May was so timid in front of Trump walking in front of the Queen after what we now know about Prince Andrew is at least understandable though inexcusable.
It was never about the virus, it was always about the vaccine.
The Dems were complaining about the release of genetically modified mosquitos being released. They become infertile once sprayed with an activator. MRna vaccine will do the same.
Davy on Fri, 21st Aug 2020 4:50 pm
Every played Monopoly cloggo? In REAL life the losers don’t wait until a new game starts. They fight back.
Duncan Idaho on Fri, 21st Aug 2020 5:18 pm
“It’s almost as if the U.S. state is a mindless, merciless, soulless entity which evil, selfish people serve for own self-interest. Fortunately it would appear this monstrous creature is discrediting and destroying itself. Perhaps with help from occasional provocation. It flails like a blinded cyclops, momentarily very dangerous.
Any group still collaborating with the US deserves no sympathy for what happens.”
the board on Fri, 21st Aug 2020 6:07 pm
JuanP on Fri, 21st Aug 2020 4:50 pm
“Every played Monopoly cloggo? In REAL life the losers don’t wait until a new game starts. They fight back.”
Your the loser, juanPPee, and you will be removed eventually. Hopefully you will be deported. As for this forum we will take you down, skum. Promise
the board on Fri, 21st Aug 2020 6:09 pm
Duncan Idaho on Fri, 21st Aug 2020 5:18 pm
“Any group still collaborating with the US deserves no sympathy for what happens.”
another POS that needs to be run off. Good thing you are nearly dead (76) like mak the wak. Maybe you will just not show up kind of like your extremist liberal lunatic Bobinget. Glad he is gone.
JuanP on Fri, 21st Aug 2020 6:14 pm
Hillary Clinton Gave Ghislaine Maxwell’s Nephew “Very Powerful” Position At State Department: Report
Hillary Clinton “gifted” a prestigious job in the Obama State Department to the nephew of accused pedophile and sex trafficker Ghislaine Maxwell, according to OK! Magazine – and whose employment was confirmed by the Daily Beast. Alexander Djerassi, the son of Maxwell’s sister Isabel, went from working on Hillary Clinton’s 2008 Presidential campaign, to a “very powerful and prestigious position” within the state department, working under Clinton in charge of the Bureau of Near Eastern Affairs. He returned to Clinton’s 2016 campaign, according to the Beast. “Secretary Clinton gave Alex a job in one of the most sensitive areas of Obama’s executive apparatus,” an anonymous source told OK!. “The fact Alex Djerassi, fresh out of college, was put in charge of the State Department’s Bureau of Near Eastern Affairs, covering the Middle East, was an interesting move.” “He worked directly on the Arab Spring, and Hillary sent Alex as the US representative to the expatriate rebel groups Friends of Libya and Friends of the Syrian People,” the source continued, adding that Djerassi was given “special treatment.”
https://www.zerohedge.com/political/hillary-clinton-gave-ghislaine-maxwells-nephew-very-powerful-position-state-department
JuanP on Fri, 21st Aug 2020 6:30 pm
Watch: Biden Supporters Steal 7-Year-Old Boy’s MAGA Hat, Attack His Mother
A video from outside of last night’s DNC Convention in Milwaukee shows two Joe Biden supporters stealing a MAGA hat from a 7-year-old boy before physically attacking his mother…The mother Abbey and her son Riley were waiting for a table at a restaurant across the road from the Wisconsin Center when they were approached by two female Biden supporters. The clip shows the two women tearing up signs belonging to Abbey as they admit they are destroying her property but “don’t give a fuck.” One of the women then steals a red MAGA hat from the 7-year-old boy before throwing it to her friend.
https://summit.news/2020/08/21/video-joe-biden-supporters-steal-7-year-old-boys-maga-hat-attack-his-mother/
JuanP on Fri, 21st Aug 2020 6:33 pm
Suspect In Brutal Portland Head-Kicking Turns Himself In After Manhunt
A 25-year-old man has turned himself in after Portland police launched a manhunt for him in connection to a brutal Sunday night attack on a man which put him in the hospital. Marquise Lee Love was booked into the Multnomah County Detention Center on Friday after turning himself in just before 8:30 a.m. according to jail records… Love was caught on video kicking victim Adam Haner in the head. Haner says he was yanked” out of his truck “before I even got my door open,” adding “I was just standing for myself as a citizen.
https://www.zerohedge.com/political/head-kicking-blm-suspect-arrested-after-surrendering-portland-police
supertards please go into the panties biz i used to be very poor but now i live on the water in luxury yatch surrounded by beautiful white women like supertard bochen777 said i got my panties biz and i made it big you can do it too if you go to on Fri, 21st Aug 2020 6:46 pm
my seminar
don’t forget to wear face panties, not just any face panties ur get arrested like whitey supertard mcaffee.
whitey supetard mike lidell doesnt have a degree so he can’t discuss CONVICT-19
But DROPOUT-19 can discuss CONVICT-19? strange
zero juan on Fri, 21st Aug 2020 6:55 pm
clown:
supertards please go into the panties biz i used to be very poor but now i live on the water in luxury yatch surrounded by beautiful white women like supertard bochen777 said i got my panties biz and i made it big you can do it too if you go to said my seminar don’t forget to wear face panties…
More from the bored lunatic Davy on Fri, 21st Aug 2020 7:35 pm
the board on Fri, 21st Aug 2020 6:07 pm
the board on Fri, 21st Aug 2020 6:09 pm
JuanP on Fri, 21st Aug 2020 6:14 pm
JuanP on Fri, 21st Aug 2020 6:30 pm
JuanP on Fri, 21st Aug 2020 6:33 pm
supertards please go into the panties biz i used to be very poor but now i live on the water in luxury yatch surrounded by beautiful white women like supertard bochen777 said i got my panties biz and i made it big you can do it too if you go to on Fri, 21st Aug 2020 6:46 pm
zero juan on Fri, 21st Aug 2020 6:55 pm
Davy on Fri, 21st Aug 2020 7:52 pm
“Aunt Becky Goes To Jail: Lori Loughlin Sentenced To 2 Months For College Bribes”
https://www.zerohedge.com/political/aunt-becky-goes-jail-lori-loughlin-sentenced-2-months-college-bribes
“Full House” actor Lori Loughlin will spend two months in prison while husband Mossimo Giannulli must serve five after the two were arrested in the “Varsity Blues” takedown that eventually became better known as the College Admissions Scandal.”
Davy on Fri, 21st Aug 2020 7:54 pm
“Navy Seal Credited With Killing Bin Laden Banned From Delta Flights Over Maskless Pic”
https://www.zerohedge.com/political/navy-seal-credited-killing-bin-laden-banned-delta-flights-over-mask-policy
“What a looser.”
Davy on Fri, 21st Aug 2020 8:04 pm
“Peak NASCAR: Kyle Weatherman’s #47 Car Stolen From A Cracker Barrel Parking Lot”
https://www.zerohedge.com/political/peak-nascar-kyle-weathermans-47-car-stolen-cracker-barrel-parking-lot
“The Mike Harmon Racing team, which drives the #47 ‘National Anthem’ car, was on its way back to North Carolina from Daytona Beach when the team decided to stop for something eat. What could possible be better than a Cracker Barrel,” the team likely thought to themselves while stopping in Kingsland, Georgia. After parking their trucks and trailer, which contained the team’s official NASCAR race car, the team went inside to eat. It was then that surveillance footage showed a person getting into the team’s Ford F-350, “fiddling with the ignition” and eventually stealing the truck and trailer, pulling out onto I-95 south back toward Missouri.”
Cracker Barrels the real best.
Davy on Fri, 21st Aug 2020 8:08 pm
“Trump Touts “Making Very Big Oil Deals” As Condition For Rapid Troop Exit From Iraq”
https://www.zerohedge.com/geopolitical/trump-touts-making-very-big-oil-deals-condition-rapid-troop-exit-iraq
“President Trump has again vowed that all US troops will soon be out of America’s second longest occupation in Iraq (behind the longest running war in Afghanistan). But curiously, like in neighboring Syria, he tied concluding the US mission there directly to the possibility of oil and resource benefits for American companies”
Kill em all!!
Stupid dumbass sand niggers.
Duncan Idaho on Fri, 21st Aug 2020 8:17 pm
“I believe it unprecedented in any US administration for so many of the closest circle of persons around the president to have been shown to be conmen, grifters and base criminals”
Duncan Idaho on Fri, 21st Aug 2020 8:21 pm
“When I see a swarm of conmen around one man, in this case Trump, experience suggests they recognize one of their own”
Abraham van Helsing on Fri, 21st Aug 2020 11:57 pm
“How many solar panels(in France) are required to power these free-wheeler’s?“
20.
joe on Sat, 22nd Aug 2020 12:05 am
No doubt. But the neoliberals have this coming. They are out of control. They take children to the virgin island for rape and they dont even fear the 3 letter spy agencies cause they corrupted it so much. They go along with any war just so they can keep living their evil lives. Duncan you dont have to like Trump, but hes delivering New York beat down that these scum richly deserve. I’m sorry you drank the ‘cumbya’ koolaid, you seem like a smart guy. But Obama, Clinton’s, Bush, the corrupt Senators and Reps have this coming. Seriously, they backed the patriot1,2 spy acts, backed the Iraq war, and drone striking families, treason in the 3 letters…..
Abraham van Helsing on Sat, 22nd Aug 2020 12:30 am
https://twitter.com/RedWineBlueOH/status/1295878927756529664?s=20
zero juan on Sat, 22nd Aug 2020 4:57 am
juanPPee wanting to be Davy because he is such a dumb fuck:
Davy said “Trump Touts “Making Very Big Oil Deals̶…
Davy said “Peak NASCAR: Kyle Weatherman’s #47 Car Stol…
Davy said “Navy Seal Credited With Killing Bin Laden Banned…
Davy said “Aunt Becky Goes To Jail: Lori Loughlin Sentenced…
More from the bored lunatic Davy said the board on Fri, 21st Aug 2020 6:07 pm the board…
Cloggie on Sat, 22nd Aug 2020 11:19 am
Very interesting and detailed breakdown of offshore wind cost from a UK consultancy:
https://deepresource.wordpress.com/2020/08/22/breakdown-costs-offshore-windfarm/
“Breakdown Costs Offshore Windfarm”
Unbuffered electricity cost of offshore wind is equal to that from gasoline-fueled power stations.
In the coming 10 years the cost of offshore wind is expected to further come down from 75 units today to 50 units.
Rik on Tue, 25th Aug 2020 12:56 pm
Trump is doing a better job than Obama.
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