Post by Admin on Nov 6, 2019 7:21:41 GMT -5
Welcome to the Kleptocracy.
Americans willfully and knowingly elected the IMBECILE Trump as POTUS.
link
“We want to bring our soldiers home. But we did leave soldiers because we’re keeping the oil,” said Trump on Friday, before adding, “I like oil. We’re keeping the oil.”
The problem is, there isn’t much oil to keep.
Syria was never a major oil producer on the international scale, accounting for a mere 385,000 barrels a day of crude, or 0.5% of global production in 2010, according to a report by British Petroleum’s Review of World Energy Report. That was the year before Syria’s protracted civil war began, ravaging all of the nation’s resources, including oil.
Even if U.S. forces could secure the area, energy experts say, it’s unclear whether companies would be willing or even able to invest in rehabilitating the fields.
Many are legally owned by the Syrian state or in partnership with companies, including Total and Shell. Any company working there would open up a legal thicket on ownership rights even as it tries to navigate around easily tripped sanctions.
And what reserves there were to be extracted, said David Butter, an associate fellow and Middle East energy analyst at the London-based Chatham House think tank, were already in decline before the war.
Americans willfully and knowingly elected the IMBECILE Trump as POTUS.
link
“We want to bring our soldiers home. But we did leave soldiers because we’re keeping the oil,” said Trump on Friday, before adding, “I like oil. We’re keeping the oil.”
The problem is, there isn’t much oil to keep.
Syria was never a major oil producer on the international scale, accounting for a mere 385,000 barrels a day of crude, or 0.5% of global production in 2010, according to a report by British Petroleum’s Review of World Energy Report. That was the year before Syria’s protracted civil war began, ravaging all of the nation’s resources, including oil.
Even if U.S. forces could secure the area, energy experts say, it’s unclear whether companies would be willing or even able to invest in rehabilitating the fields.
Many are legally owned by the Syrian state or in partnership with companies, including Total and Shell. Any company working there would open up a legal thicket on ownership rights even as it tries to navigate around easily tripped sanctions.
And what reserves there were to be extracted, said David Butter, an associate fellow and Middle East energy analyst at the London-based Chatham House think tank, were already in decline before the war.