Countries by Oil Reserves 2023

Discussion in 'In the News' started by 2legit, Dec 29, 2023.

  1. 2legit

    2legit Active Member

    America bullies other nations that have more oil than them. Some of these countries are smaller than the US land wise, yet they have more oil under their feet than America. If you watch the video below (please do that) you might realize that the U.S. had conflicts or uneasy relationships with any of the Top 10 countries with the most oil reserves in the world. Those who didn't have conflict like Saudi Arabia have to bribe America by buying their weapons exclusively and demand to be paid for their oil in US dollars to keep the petrodollar strong. America didn't make it to the top ten despite its vast land with different time zones, it ranked at Number 11. As shown in the video. Russia was better it ranked #9

    America's reliance on oil has had a major impact on its foreign policy for decades. The country's need for oil has played a significant role in shaping its relationships with other nations, as well as its involvement in global conflicts. The United States is one of the largest consumers of oil in the world, and this demand has continually influenced its foreign policy decisions. From the 1970s oil embargo to the recent conflicts in the Middle East, the pursuit of oil has been a driving force behind America's foreign policy.

    One of the ways in which America's oil consumption has impacted its foreign policy is through its relationships with oil-producing countries. The United States has often formed alliances and partnerships with countries that have a significant oil supply. This has led to close relationships with countries like Saudi Arabia, one of the world's largest oil producers. These alliances have not only secured a steady supply of oil for the US but have also given it a strategic advantage in the region.

    However, America's reliance on oil has also made it vulnerable to the actions of these oil-producing countries. The 1970s oil embargo by OPEC countries demonstrated the power that these countries hold over the US. The embargo caused a severe shortage of oil in the US, leading to a spike in prices and causing an energy crisis. This event highlighted the need for the US to reduce its dependence on foreign oil and sparked a push for domestic oil production.



     
    Last edited: Dec 29, 2023
  2. 2legit

    2legit Active Member

    There is territorial dispute between Venezuela and Guyana that is Essequibo region, (61,600 sq mi) area west of the Essequibo River. The territory, excluding the Venezuelan-controlled Ankoko Island, is controlled by Guyana as part of six of its regions, based on the 1899 Paris Arbitral Award, but is also claimed by Venezuela as the Guayana Esequiba State. The boundary dispute was inherited from the colonial powers (Spain in the case of Venezuela, and the Netherlands and the United Kingdom in the case of Guyana) and has persisted following the independence of Venezuela and Guyana.

    The region is so rich in oil, If you are keeping up with current events tension is up between the two countries British naval ships are headed to Guyana to ward off Venezuelans if they use military force. I was looking at one flag in the video above and it looked familiar that is the flag in Othello's image profile, with the red yellow and green the Guyanese flag. The Population of Guyana is only 804,567. Oil in their land shall make every citizen a Multi Millionaire.
     
    Last edited: Dec 30, 2023
  3. Soulthinker

    Soulthinker Well-Known Member

    Sadly, like most oil rich countries they won't get a share of that oil wealth.
     
  4. Othello1967

    Othello1967 Active Member

    From what I've heard the millionaires are the political elite. Corruption apparently is rampant.
     
  5. Soulthinker

    Soulthinker Well-Known Member

    True.
     

Share This Page