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guess fnox needs to study some economic history, starting with the 2014 oil crash
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Jun 21, 2019 11:32
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fnox posted:you don't think someone can get lynched for reasons other than white supremacy? yeah but it's a stretch to think those people that got lynched were making D&D posts
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Jun 21, 2019 11:32
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why is it still going down if prices recovered. also, why is production not going up as prices spike in 2009-2012. Lord of Pie posted:yeah but it's a stretch to think those people that got lynched were making D&D posts cute. any other evidence of white supremacy on my part?
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Jun 21, 2019 11:33
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fnox posted:why is it still going down if prices recovered. also, why is production not going up as prices spike in 2009-2012. You can literally see production go up on the graph. It's a sharp vertical line upward, almost as though increasing production requires the construction of new capital which takes a lot of time and money.
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Jun 21, 2019 11:35
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Also prices never recovered, you can see that on the graph I linked.
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Jun 21, 2019 11:35
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fnox posted:ok, evidence of what specifically are you talking about? because I can probably find it. yea, quietly burying atrocities that happen somewhere is clearly what the US media does when the US is chomping at the bit to go gently caress over that country lol and then you go and say that other people need to learn history when you're this goddamn ignorant of how the world works
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Jun 21, 2019 11:35
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Can we import someone less dense from the D&D thread to yell at.
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Jun 21, 2019 11:37
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fnox posted:why is it still going down if prices recovered. also, why is production not going up as prices spike in 2009-2012. lol why does the price spike when demand is high and supply is low says man who claims to understand economics
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Jun 21, 2019 11:38
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30.5 Days posted:You can literally see production go up on the graph. It's a sharp vertical line upward, almost as though increasing production requires the construction of new capital which takes a lot of time and money. it can't correlate only when you want it to. so why did production not recover by 2016 like it did in every other oil exporting country before then? the sanctions that would have affected this came into power august 2017, what happened before then? Cerebral Bore posted:yea, quietly burying atrocities that happen somewhere is clearly what the US media does when the US is chomping at the bit to go gently caress over that country lol which ones are you talking about you loving idiot? I can't find you poo poo if you don't tell me what the gently caress are you talking about fnox has issued a correction as of 11:40 on Jun 21, 2019 |
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Jun 21, 2019 11:38
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fnox posted:it can't correlate only when you want it to. so why did production not recover by 2016 like it did in every other oil exporting country before then? the sanctions that would have affected this came into power august 2017, what happened before then? Norwegian oil production increased all of 12% from 2014 to 2016. Absolutely no country on earth recovered to 2014 levels before this year.
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Jun 21, 2019 11:41
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Like, https://www.fool.com/investing/2016/12/17/what-happened-to-oil-prices-in-2016.aspx
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Jun 21, 2019 11:45
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30.5 Days posted:Norwegian oil production increased all of 12% from 2014 to 2016. Absolutely no country on earth recovered to 2014 levels before this year. Why did Venezuela drop more than any other oil exporting country. if the crash were to be what caused the drop shouldn't production level back out as prices went up? why is it steadily going down.' can you at least admit maduro had some fault in this?
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Jun 21, 2019 11:46
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fnox posted:which ones are you talking about you loving idiot? I can't find you poo poo if you don't tell me what the gently caress are you talking about yea, it's hard to find things that didn't happen, isn't it?
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Jun 21, 2019 11:46
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Btw Brent oil was still relatively depressed until late 2017 and Venezuelan prices are usually significantly lower than Brent. If anything the timing of the sanctions seems to line up with a possible recovery prices and the US intentionally kneecapped PSVDA.
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Jun 21, 2019 11:46
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Cerebral Bore posted:yea, it's hard to find things that didn't happen, isn't it? which things you dumb oval office (USER WAS PUT ON PROBATION FOR THIS POST)
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Jun 21, 2019 11:47
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30.5 Days posted:You can literally see production go up on the graph. It's a sharp vertical line upward, almost as though increasing production requires the construction of new capital which takes a lot of time and money. I wonder why no one jumped at the chance to invest in more oil drilling, or loaned Venezuela money to do so. Pretty surefire investment isn't it?
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Jun 21, 2019 11:48
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fnox posted:which things you dumb oval office if you insist, anything that maduro's done that's worse than what pinochet did
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Jun 21, 2019 11:48
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30.5 Days posted:Can we import someone less dense from the D&D thread to yell at. Not only does he represent all venezuelan voices (well, not those venezuelans) he is also the communal voice of D&D
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Jun 21, 2019 11:48
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fnox posted:Why did Venezuela drop more than any other oil exporting country. if the crash were to be what caused the drop shouldn't production level back out as prices went up? why is it steadily going down.' It's probably steadily going down because the 2014 crash cut margins to the extent that maintenance wasn't financially possible, and despite your claims of a price recovery, that didn't actually happen until late 2017. That said, you can literally see production cuts that line up with price crashes, this poo poo isn't complicated.
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Jun 21, 2019 11:54
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Hey guys, I'm not going to just take your word that venezuela's oil industry's fortunes are a result of material conditions. Extraordinary claims require extraordinary evidence, and I'm a leetle bit skeptical that it's anything other than "maduro bad".
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Jun 21, 2019 11:58
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Cerebral Bore posted:if you insist, anything that maduro's done that's worse than what pinochet did https://www.bbc.com/mundo/noticias-america-latina-40957239 https://el-helicoide.pilots.bbcconnectedstudio.co.uk/es/index.html https://www.abc.es/internacional/abci-abc-destapa-videos-torturas-servicio-inteligencia-maduro-201903202058_video.html Not worse, but pretty close to just what a classic murderous dictatorship does. 30.5 Days posted:It's probably steadily going down because the 2014 crash cut margins to the extent that maintenance wasn't financially possible, and despite your claims of a price recovery, that didn't actually happen until late 2017. That said, you can literally see production cuts that line up with price crashes, this poo poo isn't complicated. It crashed, prices started going up, but production kept going down. Do you not see how this poo poo doesn't correlate? Why does Venezuela need oil prices to be over $70 to even maintain their levels? could it be mismanagement? fnox has issued a correction as of 12:03 on Jun 21, 2019 |
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Jun 21, 2019 12:01
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Maduro clogged up all the drills with empanadas
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Jun 21, 2019 12:01
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Like idk man maybe venezuela's margins are tighter because the state sells fuel below cost- but that program was started like 30 years ago before chavistas were in power, not sure you can pin that one on maduro.
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Jun 21, 2019 12:01
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30.5 Days posted:Like idk man maybe venezuela's margins are tighter because the state sells fuel below cost- but that program was started like 30 years ago before chavistas were in power, not sure you can pin that one on maduro. below cost is an understatement. cheaper than water is the actual reality of it. there is no reason whatsoever for it to be that cheap and the only reason why Maduro doens't increase it to something sensible is entirely because it'd be a political loss for him.
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Jun 21, 2019 12:04
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30.5 Days posted:Like idk man maybe venezuela's margins are tighter because the state sells fuel below cost- but that program was started like 30 years ago before chavistas were in power, not sure you can pin that one on maduro. They got heavy crude refineries?
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Jun 21, 2019 12:04
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420 Gank Mid posted:Not only does he represent all venezuelan voices (well, not those venezuelans) he is also the communal voice of D&D let's see here -doesn't understand basic economics -doesn't understand history or is at least incapable of learning from it -doesn't understand that material conditions exist, ot at least isn't willing to admit that they have any impact -doesn't argue about things on their merits, but instead demands that his opinion should be considered true by default -at times doesn't even seem to understand what's even being argued yea, checks out
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Jun 21, 2019 12:04
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fnox posted:https://www.bbc.com/mundo/noticias-america-latina-40957239 Did your dull brain think the 37 people were executed, or do you think prison riots are worse than anything that happened under pinochet?
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Jun 21, 2019 12:05
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fnox posted:below cost is an understatement. cheaper than water is the actual reality of it. there is no reason whatsoever for it to be that cheap and the only reason why Maduro doens't increase it to something sensible is entirely because it'd be a political loss for him. So maduro is worse than pinochet because he has not undone a bad policy that's been around for several decades?
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Jun 21, 2019 12:06
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Cerebral Bore posted:let's see here what about the poo poo I just posted? not grim enough for you? I don't think quelacreo.com is still up but the videos are out there anyway. ah, dude was right you're all loving worthless. you can keep the D&D thread. donate to the red cross, peace.
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Jun 21, 2019 12:07
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Btw Venezuela crude is naturally just heavy and commands a lower price than other crude. Either way it is clear in 2017 that production takes a massive dive.
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Jun 21, 2019 12:07
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Corky Romanovsky posted:They got heavy crude refineries? IDK whether it's "heavy" or whatever, but they got refineries yeah - https://www.reuters.com/article/us-...e-idUSKCN1P22CI
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Jun 21, 2019 12:08
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I did not know this about venezuelan oil.
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Jun 21, 2019 12:09
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hey fnox, is your last name something like mengele-eichmann?
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Jun 21, 2019 12:13
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fnox posted:what about the poo poo I just posted? not grim enough for you? I don't think quelacreo.com is still up but the videos are out there anyway. i guess i see those mostly as an admission that you can't actually prove that large-scale atrocities are happening on the reg and hence that things can actually get worse, especially since you yourself describe what you showed as what any old dictatorship does, and hence that you're admitting that you're full of poo poo. so peace out, buddy. sorry you couldn't handle a non-echo chamber
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Jun 21, 2019 12:14
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Ardennes posted:Btw Venezuela crude is naturally just heavy and commands a lower price than other crude. They can eek out a bit more if someone, say Koch industries, invests in heavy crude refining in the US gulf, and they have no way to pipe in Canadian tar sands.
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Jun 21, 2019 12:21
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pretty sure the kochs own the only heavy crude refinery in north america. galveston maybe? at any rate you gotta pay about half the price of the barrel on your own just to get it to market.
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Jun 21, 2019 12:40
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Read the op
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Jun 21, 2019 14:04
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"listen to venezuelans" in D&D = "listen to black women" in donut twitter
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Jun 21, 2019 14:12
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I don’t know if your still reading but I would like to mention that being from a country doesn’t make you an impartial voice. Everyone has their own biases that determine how they view events. During the financial crisis if you asked A Republican and a democrat who where at fault they would give two different answers. You can’t listen to both when they contradict each other but they both live here. you see the problem?
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Jun 21, 2019 14:43
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The power just went out where I work, and they're not expecting it to come back all day. This is just proof that capitalism does not work, and also proof that the mismanagement of the Trump regime must come to an end. I invite the Chinese military to come liberate us at their earliest convenience.
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Jun 21, 2019 15:30
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