It was a Venezuelan, Juan Pablo Pérez Alfonso, one of the founding fathers of Opec, who described oil as “the devil’s excrement”, and his country’s dismal recent history proves his point. Venezuela holds what are generally reckoned to be the world’s largest proved oil reserves, but mismanagement has sent its economy into freefall, and the anger that has been building for years broke out into political chaos this week, as opposition leader Juan Guaidó declared himself interim president.
Nicolás Maduro, who was this month sworn in as president for a second term, after winning a rigged election in May, has shown no sign of being ready to step aside, and so far he still has the backing of the army. The US and Canada, along with Brazil, Colombia and several other Latin American countries, recognised Mr Guaidó as Venezuela’s interim president, prompting Mr Maduro to say he was breaking off all diplomatic and political relations with the US, which he accused of trying to foment a coup. The FT’s Andean correspondent Gideon Long wrote a useful guide to what to watch for as the crisis unfolds.
The White House has been considering new sanctions on Venezuela’s oil industry to increase the pressure on Mr Maduro, but at the time of writing had not taken any action. Some analysts suggested Mr Maduro’s regime was likely to collapse, even without any more of a push from the US. Venezuela both exports oil to the US and imports ultra-light oil to dilute its heavy crude. The Trump administration could decide to disrupt either or both of those flows, although there would be some costs for American companies if it did so. The prospect that some US refiners might have to look elsewhere in the world for different and possibly more expensive sources of heavy crude sent their share prices lower. The prospect of possible further disruption to Venezuela’s oil exports has not so far had much impact on global crude prices, however. On Friday Brent was trading at about $61 a barrel, very close to where it began the week.
A critical part of the explanation for Venezuela’s decline lies in the damage done to PDVSA, its national oil company. When the Arab countries nationalised their oil industries in the 1960s and 1970s, they managed to retain many of their skills and capabilities. After Hugo Chávez, predecessor and mentor of Mr Maduro, was elected president in 1998, there was an exodus of experienced oil workers, as PDVSA was “packed with political and military appointments and descended into mismanagement and incompetence”, as the FT’s Jonathan Wheatley put it. Venezuela’s crude production fell to 1.1m barrels a day in December, just a third of its level in the mid-2000s.
It is worth noting that although the decline in oil prices since 2014 has not helped Venezuela, the depth of its economic slump has not been shared by other petro-states. Over the past 10 years Saudi Arabia and Angola, to take two examples of economies that are heavily dependent on oil revenues, have outperformed Venezuela enormously in terms of economic growth.
The future of oil in a world shaped by the US shale revolution and the threat of climate change was one of the topics under discussion at the World Economic Forum annual meeting at Davos. The panellists included Mohammad Barkindo, secretary-general of Opec, Vicki Hollub, chief executive of Occidental Petroleum, and John Hess, her counterpart at Hess. The mood of the discussion seemed convivial: Mr Hess said people should recognise that “Opec members play a very important role in stabilising the market for oil”, while Mr Barkindo observed that the actions of Opec and its allies in cutting production since 2016 had “helped to rescue the US oil industry”.
Separately, but also at Davos, Kirill Dmitriev, chief executive of the government-owned Russian Direct Investment Fund, expressed a similar spirit of peaceful coexistence, acknowledging that dreams of crushing the US shale industry were futile. “For US shale production to go down, you need oil prices at $40 per barrel and below. That is not healthy for the Russian economy,” he said.
Both Ms Hollub and Mr Hess emphasised the new capital discipline of the US shale industry, and suggested US oil production growth would slow from last year’s breakneck pace. Ms Hollub said: “Not as much money is going to be pouring into the Permian basin.” Their comments aligned with a story I wrote about how the flows of capital that have enabled shale companies to pay for their drilling programmes have recently dried up, at least for the time being.
The Energy Information Administration this week published its 2019 Annual Energy Outlook, projecting possible future scenarios for the US out to 2050. S&P Global Platts focused on the outlook for oil, highlighting the EIA’s projection, based on unchanged policies, that “record-breaking US oil production is expected to continue for decades, driven largely by the Permian Basin”. However, the EIA showed different scenarios as possible outcomes, ranging from a high output case with US production going over 20m barrels a day by 2040, to a low case with a peak at just under 13m b/d that could be only five years away. The fact that the EIA’s projections have often underestimated the growth of US oil production has encouraged expectations that the high-output scenario may turn out to be closer to the truth.
Rystad Energy, meanwhile, suggested that US oil production, including lighter liquids as well as crude, could be more than that of Russia and Saudi Arabia combined by 2025.
The EIA also forecast that wind and solar power would be the fastest growing sources of new electricity generation in the US, for at least the next two years. The longer-term projections imply a slowdown in the pace of growth in the 2020s, but the EIA also has a record of underestimating the growth of renewables, and many analysts think wind and solar in the US will also end up outpacing the EIA forecasts.
The discussion of climate change at Davos by executives who had arrived there by private jet was too obvious an open goal for environmental campaigners to miss it. Air Charter Services estimated that there would be almost 1,500 flights by private jets moving in and out of local airfields over the six days around the meeting. The WEF rejected that figure, suggesting there would be only 270 flights during the first three days of the meeting, 14 per cent fewer than last year.
The energy density advantage of oil-based fuels over batteries means that aviation will be one of the toughest sectors to move away from hydrocarbons. If world oil consumption does go into a declining trend at some point, jet fuel is one of the products that is likely to remain in use the longest. Rocky Mountain Institute warned in a report this week that the global aviation industry needed “a radical new plan to achieve its climate goals”, because its emissions are growing faster than earlier forecasts suggested, “and long-term solutions are nowhere in sight”. There is a research and development effort going into electric aircraft, however, and Boeing this week said it had recently held a first test flight for its “all-electric autonomous passenger air vehicle”. It was, wrote The Verge, “a significant step toward a future in which autonomous, electric ‘flying taxis’ zip from skyscraper to skyscraper”.
A record-breaking heatwave has been scorching Australia, straining the country’s power supplies. In the state of Victoria, customers have been hit by rolling blackouts, as the heatwave caused “unanticipated levels of demand” for electricity. As the Australian Energy Market Operator worked to keep the lights on, it ordered Alcoa’s aluminium smelter in Victoria to cut its power usage for about 100 minutes under the system’s emergency process. Lily D’Ambrosio, Victoria’s energy minister, identified shutdowns and reduced output at several of the state’s coal and gas-fired power plants as critical factors in causing the blackouts. The AEMO warned that Australia’s ageing coal plants could be expected to break down more often in the future.
The question of how to replace that failing capacity is fiercely debated. The authorities have been urging customers to limit their demand wherever possible, to help keep the grid stable, but Pauline Hanson, a senator for Queensland who has been described as “the Donald Trump of Australia”, had a different idea. On Twitter she urged people to “go out and start up everything: go and start your washing machine, ironing, vacuum cleaning, air-conditioning, whatever”, to “send a clear message to those out there” that the country needed more coal-fired power plants.
Meanwhile, renewable energy is booming in Australia. Renewable generation on the grid in Australia’s national electricity market grew from 13.4 per cent in December 2017 to 17.6 per cent in December last year. Including rooftop solar, the renewable share last month was 21.4 per cent of electricity supplied to consumers.
The estimated number of people killed in the gasoline pipeline explosion in central Mexico last week has risen to 107. The explosion is believed to have happened after the pipe was deliberately punctured, drawing hundreds of people hoping to collect fuel.
People talk a lot about “the energy transition” away from fossil fuels, but rarely reflect on how rare it is for the world to give up using a source of energy. I wrote about some of the implications of that history, with a big debt to Richard Newell and Daniel Raimi of Resources for the Future, who explored the idea last year.
And finally: MuckRock is a US non-profit collaborative news website that helps people use freedom of information laws to obtain and share government documents. It stores hundreds of thousands of pages, but few can be as quirky as the story of “the Green Reaper”: a bizarre mascot for the US Department of Energy. The pictures will haunt your nightmares.
Other views
Nick Butler — Renewables boom fails to dent investment allure of hydrocarbons
Nick Butler — Falling demand is the energy sector’s next challenge
David Sheppard — Investors risk losing faith in returns on offer from ‘Big Oil’
FT View — Venezuelan crisis calls for concerted diplomacy
Colby Smith — Venezuela bondholders are betting on Maduro’s downfall
Edward Luce — The risks of Trump’s Venezuela freedom cry
Roula Khalaf — Seeds of doubt sown among the elite on the slopes of Davos
FT View — The cylinders of the global economy are starting to sputter
John Kemp — The global economy is headed for recession
Philip Verleger — What’s behind oil’s slow flash crash?
Quote of the week
“I think it is insane that people are gathered here to talk about the climate and they arrive here in a private jet.”
— Greta Thunberg, the 16 year-old Swedish climate activist, arrived at the World Economic Forum in Davos and was scathing about the transport choices of some of her fellow attendees. She has inspired a wave of school strikes and protests around the world, including a march with an estimated 35,000 children in Brussels on Thursday.
Chart of the week
This comes from a fascinating report for the Oxford Institute for Energy Studies, which looks at how expectations of an energy transition away from fossil fuels might be influencing large investors’ risk preferences. The authors say the message from this chart, derived from a survey of 26 institutional investors, is that expectations of such a transition have started to affect views of required hurdle rates for oil, gas and coal projects. “Investors are demanding a higher hurdle rate in order to invest in long cycle oil and coal projects,” they write.
There is plenty of room for debate about what their findings really mean, but it is an original and important piece of work. Beyond that headline result the report, by Bassam Fattouh, Rahmatallah Poudineh and Rob West, also has plenty of other thought-provoking insights, and is well worth reading in full. Thanks to Jamie Webster of the Boston Consulting Group for pointing it out on Twitter.
Cloggie on Sat, 26th Jan 2019 9:57 pm
Afghanistan, US out, China in:
http://www.spiegel.de/politik/ausland/afghanistan-usa-raus-china-rein-a-1249305.html
Cloggie on Sat, 26th Jan 2019 10:14 pm
“Questioning macht frei”
https://www.dailymail.co.uk/news/article-6636337/One-20-Britons-not-believe-Holocaust-took-place-study-finds.html
“One in 20 Britons do not believe the Holocaust took place, and one in 12 believes its scale has been exaggerated, study finds”
No doubt the high-IQ segment, where the rest just watches television with the thumb in the mouth.
Cloggie on Sat, 26th Jan 2019 10:27 pm
Even Germany is closing the door to invaders:
https://edition.cnn.com/2019/01/26/europe/germany-refugee-deportations-intl/index.html
I AM THE MOB on Sat, 26th Jan 2019 10:32 pm
Renewable energy ‘simply won’t work’: Top Google engineers
https://www.theregister.co.uk/2014/11/21/renewable_energy_simply_wont_work_google_renewables_engineers/
Solar and Wind produced less than two percent of total world energy in 2016 — IEA WEO 2017
https://www.iea.org/publications/freepublications/publication/KeyWorld2017.pdf
It Will Take 131 Years To Replace Oil, And We’ve Only Got 10
https://www.businessinsider.com/131-years-to-replace-oil-2010-11
Warning of shortage of essential minerals for laptops, cell phones, electric cars, solar panels, wiring
https://www.sciencedaily.com/releases/2017/03/170320110042.htm
We Might Not Have Enough Materials for All the Solar Panels and Wind Turbines We Need
https://www.popularmechanics.com/science/energy/a25576543/renewable-limits-materials-dutch-ministry-infrastructure/
Study predicts world economy unlikely to stop relying on fossil fuels
https://phys.org/news/2016-02-world-economy-fossil-fuels.html
At this rate, it’s going to take nearly 400 years to transform the energy system
https://www.technologyreview.com/s/610457/at-this-rate-its-going-to-take-nearly-400-years-to-transform-the-energy-system/
Why sustainable power is unsustainable
https://www.newscientist.com/article/dn16550-why-sustainable-power-is-unsustainable/
Top scientists show why powering US using 100 percent renewable energy is a delusional fantasy
http://energyskeptic.com/2017/big-fight-21-top-scientists-show-why-jacobson-and-delucchis-renewable-scheme-is-a-delusional-fantasy/
I AM THE MOB on Sat, 26th Jan 2019 10:35 pm
Clogg
Don’t worry when the society collapses by an oil shortage soon..Those migration patterns will reverse..And you will be the refugee fleeing!
LMFAO!
JR on Sat, 26th Jan 2019 11:31 pm
Who’s the idiot that wrote this dishonest article?
What has now become typical fodder for Peak Oil pablum publishing, “it is worth noting” that whoever the main-stream liar is that wrote this – they’re utterly clueless. It takes all of two-seconds to uncover the lies this article spreads about Venezuela.
Cloggie on Sun, 27th Jan 2019 3:06 am
Don’t worry when the society collapses by an oil shortage soon..Those migration patterns will reverse..And you will be the refugee fleeing!
The only thing that is collapsing is the libtard US-led West and that’s a good thing, not in the least for white Americans. And once we have that behind us, Europeans will be coming after you, making you the refugee… with nowhere to go.lol (OK, other than Upstate NY perhaps and Greater Baltimore).
Davy on Sun, 27th Jan 2019 5:01 am
clogged, where are the people rioting in the street? Your deflection and messaging of reality is biting you in the ass these days. BTW, if you come over here I will be fighting your Eurotard army. I promise. I have guns and I am competent with them. My neighbors would feel the same.
Cloggie on Sun, 27th Jan 2019 5:26 am
where are the people rioting in the street?
In France. And I can ensure you they are not fighting to prolongue membership of the US empire. Instead they are fighting the consequences of being a member of said empire.
BTW, if you come over here I will be fighting your Eurotard army. I promise. I have guns and I am competent with them. My neighbors would feel the same.
You won’t, you will sneak off to Italy. Not even you will fight for the interests of Anonymouse1 or mobster. You have zero fighting spirit, lame doomer through and through. In Italy you will continue to gaze at stock charts, the only modus of living you know.
Again, PBM will not attack (white) Americans, they will eventually intervene in a developing CW2 situation, exactly like in 1776. Purpose: regime change in Washington.
Davy on Sun, 27th Jan 2019 5:52 am
“In France. And I can ensure you they are not fighting to prolongue membership of the US empire. Instead they are fighting the consequences of being a member of said empire.”
Clogged, they are fighting against a regime and economic issues. These are bigger fish to fry than your empire meme.
“BTW, if you come over here I will be fighting your Eurotard army. I promise. I have guns and I am competent with them. My neighbors would feel the same.” You won’t, you will sneak off to Italy. You have zero fighting spirit, lame doomer through and through. In Italy you will continue to gaze at stock charts, the only modus of living you know.”
Translation: I am angry and trying to say something that puts down Davy but it is not working.
“Again, PBM will not attack (white) Americans, they will eventually intervene in a developing CW2 situation, exactly like in 1776. Purpose: regime change in Washington.”
PBM is a fantasy, clogged. You are on here 20/7 spamming your shit. You are now like a bot with your Brexit shit. You are really losing it.
Cloggie on Sun, 27th Jan 2019 6:11 am
Clogged, they are fighting against a regime and economic issues.
Exactly, the are fighting a ZOG-vassal regime, where white lives don’t matter. They want to change that.
No wonder the European left and stadtholders of the US empire, spearheaded by jews, are in panic-mode:
https://www.dailymail.co.uk/news/article-6634853/Band-intellectuals-say-liberal-values-face-challenge-not-seen-1930s.html
They know they are losing the fight, now that white French are seriously beginning to mobilize.
The coming populist star in the Netherlands, Thierry Baudet, here in a polemic debate with outgoing green-left jew Paul Rosenmuller about the state of Dutch education. Baudet “subtly” reminds Rosenmuller of his past as Pol Pot admirer:
https://www.youtube.com/watch?v=3JxsgQ9PiAk
Baudet had a long meeting with Jared Taylor, when the latter visited the Netherlands to held a speech in the Netherlands:
https://www.youtube.com/watch?v=0pXY5UwGK5M
Baudet was criticized for it but got away with it. Baudet these days is the Dutch politician that draws the largest crowds in the Netherlands:
https://www.youtube.com/watch?v=wUd0KaZE1DU
Davy on Sun, 27th Jan 2019 6:26 am
“Clogged, they are fighting against a regime and economic issues. Exactly, the are fighting a ZOG-vassal regime, where white lives don’t matter. They want to change that.”
This is a fight for two different directions for the EU and this fight will likely end the EU as we know it. ZOG and PBM have little to do with it despite your spamming.
twocats on Sun, 27th Jan 2019 7:40 am
serious question – what country are you guys talking about? I seriously can’t tell.
from cloggies last post it seems like the Netherlands. do you guys want to start a netherlands thread on the forums because that would make sense. this is an article about venezuela and/or US interventionist tendencies. unless you can tie your conversation to that – get off the thread.
Davy on Sun, 27th Jan 2019 7:51 am
Twocats, there is no you guys about this. I am dealing with clogged’s spamming. talk to clogged please.
JuanP on Sun, 27th Jan 2019 7:55 am
Delusional Davy “You are really losing it.”
Says the guy who has already lost it! ROFLMFAO!
Davy on Sun, 27th Jan 2019 8:01 am
“Says the guy who has already lost it! ROFLMFAO!”
Translation: I am struggling to deal with Davy with normal comments so I put out a one sentence of noise. ROFLMFAO!”
I am proud of you dirty juan you are trying to be a normal member with normal comments that represent your identity and not someone else’s or a sock.
JuanP on Sun, 27th Jan 2019 8:17 am
Delusional Davy “I am proud of you dirty juan you are trying to be a normal member with normal comments that represent your identity and not someone else’s or a sock.”
More lies and false accusations from the board’s biggest liar and bully. I went sailing with friends for a few days in the Keys and got back yesterday. You are the one stealing identities and using sock puppets, and everyone here worth a penny knows that, Exceptionalist! I will be here for a few days now, but then I am going sailing to the Bahamas, like I do every year.
Davy on Sun, 27th Jan 2019 8:25 am
“More lies and false accusations from the board’s biggest liar and bully. I went sailing with friends for a few days in the Keys and got back yesterday.”
Sure thang there juanP. You are the biggest liar on this board and then you brag about the activity. You are as dirty as they come scumbag.
“You are the one stealing identities and using sock puppets, and everyone here worth a penny knows that, Exceptionalist!”
Dumbass, you need to clarify that. I didn’t start playing your game with you and makati for months trying to avoid it. Finally it was time to spit back in your face with the shit you started after a few months of getting your shit daily. I tried to avoid this shit but you would not stop. You are an intellectual thug who is proud of this low life behavior. IOW are coward who can’t debate a thread.
“I will be here for a few days now, but then I am going sailing to the Bahamas, like I do every year.”
You need to head to the Bahamas and practice your spoiled playboy life. That is where you belong. Stay there if you can. We don’t want you back here in the US, illegal alien.
JuanP on Sun, 27th Jan 2019 8:29 am
Delusional Davy “You are the biggest liar on this board …”
The Exceptionalist is not projecting here! I dare anyone to claim otherwise! ROFLMFAO!
Davy on Sun, 27th Jan 2019 8:33 am
Usually when dirty juan gets to his “projecting stage” he has run his course. He has no more lies to spew. I think we are there. Later on it will be sock puppets and identity theft. Dirty juan is so predictable as all low IQ humans are.
JuanP on Sun, 27th Jan 2019 8:35 am
Delusional Davy “We don’t want you back here in the US, illegal alien.”
We? You mean you and your multiple personalities? ROFLMFAO!
I am a law abiding legal resident of the USA, Exceptionalist, and there is absolutely nothing you can do about it, pussy! LOL! I will go sailing to the Bahamas for a couple of weeks and return to the USA after that. I come and go as I please. Enjoy your momma’s basement, pussy! LOL!
JuanP on Sun, 27th Jan 2019 8:38 am
Delusional Davy “Usually when dirty juan gets to his “projecting stage” he has run his course. He has no more lies to spew. I think we are there. Later on it will be sock puppets and identity theft. Dirty juan is so predictable as all low IQ humans are.”
Lies, lies, and nothing but lies from the board’s biggest liar. You are the one constantly lying, using sock puppets, and stealing identities. You could at least man up and admit. You are such a pussy! LOL!
Davy on Sun, 27th Jan 2019 8:40 am
“I am a law abiding legal resident of the USA, Exceptionalist, and there is absolutely nothing you can do about it, pussy! LOL! I will go sailing to the Bahamas for a couple of weeks and return to the USA after that. I come and go as I please. Enjoy your momma’s basement, pussy! LOL!”
You are an illegal alien dirty juan. Who cares if you think you are a legal resident. You don’t belong here. You are a selfish prick taking advantage of the good life in the US. Yea, your playboy Miami Beach life that many Americans could only dream of you flaunt like the coward you are because instead of giving thanks you hate the place and the people. Get the fuck out of my country criminal.
“Enjoy your momma’s basement, pussy! LOL!”
I have a real life and a real calling. I have a permaculture farm and I preach “REAL” green. You can’t even begin to come close to that you playboy degenerate.
JuanP on Sun, 27th Jan 2019 8:47 am
Delusional Davy “You are an illegal alien dirty juan.”
Another lie from the board’s liar.
JuanP on Sun, 27th Jan 2019 8:52 am
Delusional Davy ” I have a permaculture farm.”
You have said here many times that your family owns the imaginary farm, not you, and that you just take care of it. You were lying then or you are lying now. Either way you are a LIAR! And you never mentioned Permaculture until after I had been writing about it here for some time. My guess is that that is another lie. You are an obsessive compulsive liar and a widdle pussy! LOL!
Davy on Sun, 27th Jan 2019 8:52 am
stay in the bahamas please juan. That is a good place for you
JuanP on Sun, 27th Jan 2019 8:55 am
Delusional Davy “You don’t belong here.”
You are entitled to your opinion, Exceptionalist. Unfortunately for you, your opinions are completely irrelevant to me and everyone I know. You are nothing more than a widdle pussy with no power whatsoever.
Davy on Sun, 27th Jan 2019 8:57 am
“You have said here many times that your family owns the imaginary farm, not you, and that you just take care of it.”
First, show me some documentation. LOL. IMA I have talked about my farming so much where are you going to start? I take care of my family’s farm that I am part owner in. I also have my own farm. You got it now??
“You were lying then or you are lying now.”
Are you playing your games then or are you now?
“Either way you are a LIAR! And you never mentioned Permaculture until after I had been writing about it here for some time.”
Nonsense, I don’t follow your little urban gardening shit. I am a real farmer not a fake playboy gardener
“My guess is that that is another lie. You are an obsessive compulsive liar and a widdle pussy! LOL!”
You are projecting dirty juan
JuanP on Sun, 27th Jan 2019 9:02 am
Delusional Davy “stay in the bahamas please juan. That is a good place for you”
It is a good place for me and I am very happy that I have the health, time, and money to sail there whenever I want, but I will be coming back here to continue with my volunteering. Have you ever done something for another person in your life, Exceptionalist? You sound like you haven’t. In the more than five years that I have been reading your shit you have never claimed to have ever helped anyone. You are such a shameless, selfish prick you don’t even bother to lie about that. You are a prototypical American asshole. People like you are what’s ruining the USA. There are good Americans all around you, Davy, you should get out and learn from them how to be a decent human being.
JuanP on Sun, 27th Jan 2019 9:08 am
Delusional Davy “I take care of my family’s farm that I am part owner in. I also have my own farm. You got it now??”
So, now you are part owner of the imaginary farm that you used to just manage for your family and you also own your own farm? So, you own TWO farms now, then? ROFLMFAO! Oh, the webs we weave when we first learn to deceive! You are getting al tangled up in your web of lies, pussy, and it is very obvious to anyone reading them. LOL!
Davy on Sun, 27th Jan 2019 9:11 am
Dirty Juan, you don’t volunteer. You are a playboy that is bored. You go do your shit when you want to on your own terms. You deal with Americans then when they turn their back you talk hate on them. You are the lowest of the scumbags on the earth. You live for yourself and then tell yourself how wonderful you are because you volunteer to pull weeds in some low rent urban garden. You are the prototypical playboy asshole living where you don’t belong. Get the fuck out of my country scumbag.
“In the more than five years that I have been reading your shit you have never claimed to have ever helped anyone.”
That because you read what you want to read dumbass. I help my family and neighbors. You have no family but your cunt for a wife and so called boyfriends like boney joe. LOL
Davy on Sun, 27th Jan 2019 9:16 am
“So, now you are part owner of the imaginary farm that you used to just manage for your family and you also own your own farm? So, you own TWO farms now”
WTF, you are a low IQ individual. My farm is near the family farm BTW I am very proud of. We have had it for years and it is still in the family.
“Oh, the webs we weave when we first learn to deceive! You are getting al tangled up in your web of lies, pussy, and it is very obvious to anyone reading them. LOL!”
More like you are getting tangled up in your lies of a morning obsessed effort at harassment. IMA you started this shit but also want to end it. You could give a shit about others that want to comment here. Why don’t you volunteer yourself off here pussy, you know, for the board?
Prime US BS on Sun, 27th Jan 2019 10:37 am
I hope China and Russia stand by Venezuela to prevent the US from finishing it’s decades old plot to put another puppet in place. The MSM obviously is towing the Washington line with respect to the “rigged elections” BS; the system used in Venezuela is very hard to tamper with and produces a hard copy at time of vote which makes it easy for auditors to verify – which outside groups have done in past elections:
Carter praises Venezuela’s e-voting technology
https://youtu.be/l9Dmt2_QioI
Electronic voting system in Venezuela
https://youtu.be/npriP7Rurv4
The US should be adopting such a system.
Davy on Sun, 27th Jan 2019 11:13 am
I hope y’all enjoyed my ‘mental’ exercises this morning as much as I did. Bickering like a widdle girl with other people I don’t even know keeps my mind sharp.
JuanP on Sun, 27th Jan 2019 11:46 am
Delusional Davy at 9:11 & 9:16
ROFLMFAO! No quotes needed. The Exceptionalist is completely unhinged!
JuanP identity theft on Sun, 27th Jan 2019 11:54 am
Davy on Sun, 27th Jan 2019 11:13 am
Davy on Sun, 27th Jan 2019 12:03 pm
“I hope China and Russia stand by Venezuela to prevent the US from finishing it’s decades old plot to put another puppet in place. The MSM obviously is towing the Washington line with respect to the “rigged elections” BS; the system used in Venezuela is very hard to tamper with and produces a hard copy at time of vote which makes it easy for auditors to verify – which outside groups have done in past elections:”
Sure thang prime US BS. Are you another JuanP sock? Sure sounds like it. Russia and China have a haircut coming win or lose. The last election was a farce and everyone knows it. There is no government now. All branches have been subverted to Maduro. He runs the narco military state as his own with the support of the worst state actors in the world. Yea, the US is the worst but Venezuela’s friends are right there close.
Davy on Sun, 27th Jan 2019 12:21 pm
“The Exceptional Nation Asserts Its Exceptionalism: PCR”
https://tinyurl.com/ybwgdpjd
“Washington has chosen a president for Venezuela. I wonder if Trump saw the black humor in doing to Maduro what the Democrats and presstitutes are doing to him.”
“Indigenous Latin American leaders are unacceptable to Washington, because they tend to be reformers who represent their country’s people instead of American business and financial interests. Consequently, when a Latin electorate elects a leader who will put them first, Washington overthrows the leader. This is the history of US/Latin American relations.”
JuanP identity theft on Sun, 27th Jan 2019 12:26 pm
Davy on Sun, 27th Jan 2019 12:21 pm
Davy on Sun, 27th Jan 2019 12:29 pm
Good comment from me above. Saved to my notes.
I plan on reading it over and over again until it finally sinks in.
JuanP on Sun, 27th Jan 2019 12:34 pm
Delusional Davy “Russia and China have a haircut coming win or lose. The last election was a farce and everyone knows it. There is no government now. All branches have been subverted to Maduro. He runs the narco military state as his own with the support of the worst state actors in the world.”
Russia and China have already received a good return on their investments in Venezuela. By supporting the Venezuelan government they have kept the US government’s attention divided, just like in Syria. This interferes with US attempts to destroy their countries.
Venezuela’s elections were verified by international observers, idiot. And all that talk about narco governments are nothing more than US government’s projections.
You sound like a typical American asshole spewing delusional American exceptionalist propaganda and fake news, pussy!
JuanP identity theft on Sun, 27th Jan 2019 12:34 pm
Davy on Sun, 27th Jan 2019 12:29 pm
JuanP on Sun, 27th Jan 2019 12:37 pm
It seems the US government sucks at multitasking, just like you with your lies, identity theft, and sock puppets, pussy. You have been lying so much for so long that even you don’t know how many imaginary farms you own anymore.
Davy on Sun, 27th Jan 2019 12:40 pm
“Russia and China have already received a good return on their investments in Venezuela. By supporting the Venezuelan government they have kept the US government’s attention divided, just like in Syria. This interferes with US attempts to destroy their countries.”
Nonsense, Russia and China are losing money and stand to lose billions. They may alientate a future government in Venezuela buy supporting this corrupt narco regime BTW you support. A dirty low morality person like you bent on extremist ideologies likes these types of countries only because they are anti-American.
“Venezuela’s elections were verified by international observers, idiot. And all that talk about narco governments are nothing more than US government’s projections.”
Elections were a shame juanpee brain. The people of the country are terrified to vote freely. Who cares about voting machines peep brain? You have to have legitimate opposition candidates and a government not being bribed. You are such an idiot.
“You sound like a typical American asshole spewing delusional American exceptionalist propaganda and fake news, pussy!”
Translation: I am triggered
Davy on Sun, 27th Jan 2019 12:43 pm
juanpee brain triggered
“just like you with your lies, identity theft, and sock puppets, pussy. You have been lying so much for so long that even you don’t know how many imaginary farms you own anymore.”
Davy on Sun, 27th Jan 2019 12:46 pm
juanpee brain, do you think you are maybe bipolar? You have been having pressured thoughts today. LOL.
JuanP on Sun, 27th Jan 2019 1:04 pm
More delusional lies and bullshit from the board’s foremost American Exceptionalist! You are living in Lalaland, Davy, because you are too much of a pussy to accept the truth. Grow a pair, coward!
Davy on Sun, 27th Jan 2019 1:19 pm
Build The Wall!
We don’t want wet backs in MY country!
JuanP identity theft on Sun, 27th Jan 2019 1:35 pm
Davy on Sun, 27th Jan 2019 1:19 pm
More Davy Sock Puppetry on Sun, 27th Jan 2019 1:37 pm
JuanP identity theft on Sun, 27th Jan 2019 1:35 pm