ExxonMobil starts Russian drilling with US-sanctioned Rosneft (Page 2): Major I agree, oil companies are driven by greed. I have said for years the OPEC never existed, it was a pissing...

rich278

Major I agree, oil companies are driven by greed. I have said for years the OPEC never existed, it was a pissing post that the oil companies could blame higher prices on.

lpnmajor wrote:

It is unfortunate that most Americans believe that American companies have ANY interest in American patriotism. The dummies in DC should know better, as those are THEIR masters. The fact is, American companies are beholden to only ONE national interest and that is the Nation of Profit. That means, profit by any means, in any situation and without regard to any border or regulation imposed by any Government. This is age old SOP.

Patty

Why are news articles that I see on legitimate foreign websites removed shortly after they are posted on US servers? Information is as George Owell put it in his 1984 simply "news speak"

rich278 wrote:

Ah so main stream media. That still leaves the question unanswered, why is this news not on Fox News?

Patty

Of course OPEC exists. It started in 71 when Nixon interrupted Bonanza (the #1 tv show)and announced that he was breaking the Bretton Woods agreement to hold the dollar on the gold standard. With all the war the US had lost its status position as the largest creditor to foreign nations debt and mostly De Gaulle (France) started scooping up all our gold reserves for the USD. All other nations started following suit and Nixon had to stop the flood of usd back to the states.
Kissinger went to Saudi Arabia and made a deal with the King to only sell oil in the dollar for protection from Russia at that time. I believe 6 countries followed suit and it became OPEC or we would have lost reserve currency status. Part of the deal was that excess money made from oil sells would be used to buy US debt through bond buuying.

rich278 wrote:

Major I agree, oil companies are driven by greed. I have said for years the OPEC never existed, it was a pissing post that the oil companies could blame higher prices on.

Floyd Brown Loc: Milwaukee WI

Patty wrote:

The rest of the world sees that Washington cant even get US corps to honor sanctions and are going to get mighty pissed that they are taking economic downturns due to sanctions that we ourselves aren't willing to take.

http://thebricspost.com/exxonmobil-starts-russian-drilling-with-us-sanctioned-rosneft/#.U-dKbDbD_IU

"Russian President Vladimir Putin on Saturday gave the start signal through a teleconference for joint drilling in Russias northernmost offshore exploration well. Russian state oil company Rosneft and US oil and gas giant ExxonMobil have gone ahead with the drill, sidestepping the strain in US-Russia relations over Ukraine and subsequent round of Western sanctions on Russia.

In what could be a critical development for the Russian economy as it tests the potential of the unexplored Arctic Ocean, drilling has now officially begun in the $700 million oil well in the East Prinovozemelskiy field in the Kara Sea.

Putin praised what he called the pragmatism of Exxon Mobil in going ahead with the drill with Rosneft. Russias Rosneft was added to a list of Russian companies under US sanctions on July 16 this year.

Today commercial success is determined by effective international cooperation.Businesses, including large companies, both Russian and foreign, are well aware of that. In spite of the difficult current political situation, pragmatism and common sense still have the upper hand, and that is very gratifying, Putin said.

ExxonMobil is our old, reliable partner, and we greatly value our relationship, he added.

Rosneft CEO Igor Sechin and President of ExxonMobil Russia Glenn Waller attended the launch on Saturday. The US and Russian oil giants have been cooperating at the Arctic oil sites since 2011, as well as the joint development of an oil deposit in the Black Sea. In June 2012, Rosneft also struck a deal with Exxon on the joint project of an oil deposit in Western Siberia.

Drilling at the Universitetskaya-1 site, the northernmost oil rig in Russia, will take place in open waters during the ice-free drilling season from August through to late October. The West Alpha rig has undergone additional modernization, furnished with innovative ice control equipment and a system for avoiding collisions with icebergs.

According to a Rosneft statement, the Universitetskaya structure covers an area of 1200 thousand kilometers with resources accounting to more than 1.3 billion tons of oil equivalent. A total of some 30 structures were found in three East Prinovozemelskiy areas of the Kara Sea, and the entire resource base of the three areas is estimated at 87 billion barrels or 13 billion tonnes of oil equivalent."

The rest of the world sees that Washington cant ev... (show quote)

It is the big companies that are seeking to control the world.
Or should I say the people behind those companies.

This issue is not about Putin or Obama. It is all about big business & the way they want it to be.

It is as an message to Putin that if he wishes to be a major player in the game he had best stop rattling his saber & play with the big boys..

Patty

Or they could not sell out to he 1% of the 1%ers and give their countries resources over but start their on World Bank , emerging markets international fund, SWIFT international payment system and a stable basket of currency swap nations and leave the elitists with their worthless USD's.
Oh wait....... that's what they are doing.

Floyd Brown wrote:

It is the big companies that are seeking to control the world.
Or should I say the people behind those companies.

This issue is not about Putin or Obama. It is all about big business & the way they want it to be.

It is as much of an issue to Putin that if he wishes to be a major player in the game he had best stop rattling his saber & play with the big boys..

Floyd Brown Loc: Milwaukee WI

Patty wrote:

Of course OPEC exists. It started in 71 when Nixon... (show quote)

Buying of US military equipment was also an issue.

Patty

Floyd Brown wrote:

Buying of US military equipment was also an issue.

:thumbup: :thumbup: Im sure there was a bunch of fine print in that agreement. ;)

Weasel Loc: In the Great State Of Indiana!!

The Greatest, Wealthiest, and Most Powerful, people on this planet have always been, and always will be the ones who can start the fires and then turn around and sell us the water to put them out. That's just the way it has always been. You can't change that, Democrat or Republican.

Floyd Brown Loc: Milwaukee WI

Patty wrote:

Or they could not sell out to he 1% of the 1%ers and give their countries resources over but start their on World Bank , emerging markets international fund, SWIFT international payment system and a stable basket of currency swap nations and leave the elitists with their worthless USD's.
Oh wait....... that's what they are doing.

There may be much effort to seek an end to the reserve issue with the US Dollar.

But if the dollar is going to be rep;ace it will only be done if a New World Banking system is set up.

You will see a lot of shuffling going on in the mean time though.

All the ultra rich people are hedging their money by investing in other countries.

After all the US Dollar money is backed by the best system there is. Not with standing that the US is not as strong as it once was.

Patty

But it is changing. Look at Ukraine. the Kiev junta army has mostly abandoned their posts and said "we will not fight your war" That is why the US had Canada start sending bigger weapons because there are only about 1/4 of the ground forces left.
Look at Iceland. They over threw their government and jailed the bankers.
Look at the e******ns in the EU this summer. They are v****g out the oligarchs and in the independents.
Don't lose hope yet. People have grown tired of their totalitarian royal rulers.
Even the 1%ers are coming out and telling their own "watch out the pitch forks are coming"

Weasel wrote:

The Greatest, Wealthiest, and Most Powerful, people on this planet have always been, and always will be the ones who can start the fires and then turn around and sell us the water to put them out. That's just the way it has always been. You can't change that, Democrat or Republican.

Liberty Tree

rich278 wrote:

Liberty Tree? What the hell is a liberty tree?

I see you know nothing about the founding of our nation, but since you are an Obamaite I am not surprised.. Look it up.

Liberty Tree

rich278 wrote:

Again I ask who is MSM?

MSM--Main stream Media, ABC, CBS, NBC, etc.

Patty

Im not sure what you mean by "best system"
The USD is backed by nothing and is just another fiat currency. Fiat currencies average shelf life is only 30 years and is in its death rattle. The last time our currency failed and was restructured was 1971 when Nixon took it off the gold standard so we are over due.
Probably Washington will declare a revaluation of the dollar probably by adding a 0 which would devalue their debt and our money by 90%. That would require a new revaluation of gold since that is the historic use of gold. That is why China and Russia has been dumping dollars and all the gold is going east over the last 4 years.
http://www.zerohedge.com/news/2014-08-10/train-wreck-coming-david-stockman-warns-all-hell-will-break-loose

Floyd Brown wrote:

There may be much effort to seek an end to the reserve issue with the US Dollar.

But if the dollar is going to be rep;ace it will only be done if a New World Banking system is set up.

You will see a lot of shuffling going on in the mean time though.

All the ultra rich people are hedging their money by investing in other countries.

After all the US Dollar money is backed by the best system there is. Not with standing that the US is not as strong as it once was.

PeterS

lpnmajor wrote:

It is unfortunate that most Americans believe that American companies have ANY interest in American patriotism.

Are you still talking about media or have you shifted the topic? Why should any company, media or otherwise have any interest in American Patriotism? The primary function of media is to be objective in their reporting. The function of a business is to earn profits for their share holders and owners. Neither function is to be patriotic.

Patty

Albert Einstein: Patriotism?

"Nationalism is an infantile disease. It is the measles of mankind."

"Heroism on command, senseless violence, and all the loathsome nonsense that goes by the name of patriotism - how passionately I h**e them!"