Globalists are able to skyrocket oil prices through regulations.

[Faust For ScienceParticipant 22524]

Globalists are able to skyrocket oil prices through regulations.

It seems that since the globalists cannot start a war to drive up oil prices, they will use regulations to drive up oil prices.

In this case, by controlling and restricting how oil shipping is done, using the International Maritime Organization (IMO), which is under the U.N: https://www.zerohedge.com/news/2018-05-17/regulations-could-push-oil-90

The regulations restrict how much sulfur can be in oil that is shipped by oil tankers.

The regulations go into effect in 2020.

Oil with high amounts of sulfur in the oil is called sour crude oil: https://en.wikipedia.org/wiki/Sour_crude_oil

Oil with low amounts of sulfur in the oil is called sweet crude oil: https://en.wikipedia.org/wiki/Sweet_crude_oil

These regulations effect almost all the major oil exports, including the U.S.

There might be some silver lining in this. This move shows the globalists are not getting the wars they wanted.

Also, since these regulations screw over the major oil export players, this might be ignored. If one nation ignores the regulations, all the major players might. Or, there will likely be oil embargoes on those nations whom refuse to reject such regulations.

For example, Saudi Arabia cannot afford these regulations. They are already running into serious debts. And the increase in oil prices does not mean the crude exporters will make more money, instead the oil refiners will. Actually, the crude oil exports will likely lose more money.

The likely winner in all this might be Iran, whom is not subject to these regulations, but whom has some of the largest oil refinery output in the world.

Given this will hurt U.S. oil sales, I wonder how President Trump will weigh in. This could get interesting.

Also, this is being down beyond the national level, by unelected bureaucrats, where people can change the outcome by voting. This change in regulations could cause the UN to break apart.

[743 roadmasterParticipant]

This irks me to know end. Production is up and the price keeps going up. What should be an easy summer for fuel prices hitting us.
Helping my brother get his farm up and running we are using a lot of fuel. A price that should on the low side 20cents a gallon to 65cents a gallon cheaper.
,….and this talk about Iran where nothing is going on as a side reason for prices to jump is BS.

https://www.market~~~ch.com/story/brent-oil-prices-surge-to-80-with-market-rattled-by-iran-supply-worries-2018-05-17

Brent oil prices pare gains after surge past $80 for first time since 2014

mgtow is its own worst enemy- https://www.campusreform.org/

[JustAnotherGuyParticipant]

They’re trying to save Venezuela.

Cupcakes are Cold. MGTOW is Absolute Zero.
“Let us wait a little; when your enemy is executing a false movement, never interrupt him” –Napoleon Bonaparte, 1805

[UntamedParticipant]

Faust For Science wrote:

This change in regulations could cause the UN to break apart.

The UN braking apart? That’ll be the day! Hell will freeze over before that happens or the return of Jesus Christ, whichever comes first.

743 roadmaster wrote:

and this talk about Iran where nothing is going on as a side reason for prices to jump is BS.

They’ve been inventing excuses for gasoline prices – along with everything else – going up before every summer for 20 years, there’s no reason this year should be different.
The REAL reason is so simple that it borders on conspiracy: the world’s oligarchs want MORE of your money. The Banksters, along with every multinational corporations want MORE of your money and, really, it isn’t YOUR money but THEIRS.
THEY thought it up.
THEY came up with the economics models.
THEY print it.
THEY put it into circulation and THEY charge you to withdraw it from accounts THEY own.

Render unto Caesar what is Caesar’s, willingly or unwillingly, it makes no difference to them.

Don't let them Blame, Shame or Tame you!
Give 'em NOTHING, not even an answer!
#GenderSegragationNow!

[743 roadmasterParticipant]

one more point on the iran thing,……..IF anything, iran is pumping and selling for all it is worth right now so when and if new sanctions hit they have reserves in the bank.

mgtow is its own worst enemy- https://www.campusreform.org/

[Faust For ScienceParticipant 22524]

Untamed wrote:

They’ve been inventing excuses for gasoline prices – along with everything else – going up before every summer for 20 years, there’s no reason this year should be different.

The action is so overt and harms so many players it could cause all sort of unforeseen consequences. I can see the oil exporter nations simply ignoring this regulation and telling the UN to stick it where the sun don’t shine.

[KevinStylesParticipant 2580]

All they’re going to do is drive down demand because people with buy smaller more efficient cars or just stick their middle finger up at OPEC and buy electric. I’d love there to be this huge electric revolution and see these OPEC guys all go bankrupt.

[Faust For ScienceParticipant 22524]

KevinStyles wrote:

All they’re going to do is drive down demand because people with buy smaller more efficient cars or just stick their middle finger up at OPEC and buy electric.

Electric cars will not replace oil based anytime in the future for two man reasons dealing with the battery technology. Takes to long to charge that battery and the mileage per battery charge sucks.

This is not taking into account that electric car batteries are worse the environment when they die and the electric cars require a lot of “rare earth” compounds to make and China is where most “rare earth”, and “rare earth” is well, rare.

KevinStyles wrote:

I’d love there to be this huge electric revolution and see these OPEC guys all go bankrupt.

You are aware that OPEC is third place in the oil export business. The top oil exporter is Russia and the U.S. is number two.

These regulations are designed to screw over the U.S. and Russia because the globalists are unable to get the U.S. and Russia to destroy each other in a nuclear war.

The globalists are basically saying that if they cannot destroy the U.S. and Russia, they will ban oil export from the U.S. and Russia.

Technically speaking, it is very possible that the oil exporter nation will demand oil tankers to only sail under the flags (meaning under their jurisdiction) of those nations and tell the UN to f~~~ off.

[The Batman 2020Participant 2112]

We’ve all been scammed.

Your 20's are for learning, your 30's are for earning.

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