US wants to crash the global oil market and preserve global inequality


The United States will release 50 million barrels of oil from national strategic reserves to lower energy prices for American consumers. This was announced on November 23 by the leader of the United States, Joe Biden.


Today, the president announces that the Department of Energy will provide access to 50 million barrels of oil from the strategic oil reserve to lower prices for Americans and bridge the mismatch between demand emerging from the pandemic and supply.

- emphasized in a press release issued by the administration of the American head.

Thus, the United States officially announced an unprecedented in recent history intervention on the world oil market, which will affect both producers and consumers of "black gold" around the world.

Background and background


The main reason for such a large-scale American intervention in the global oil market is the negative impact of price increases, noted in Biden's statement, felt by US residents "at gas stations and on their heating bills." So, in order not to expose American citizens, who are not accustomed to inflation levels above a couple of percent, unnecessary stress, and further reducing the already low personal rating, Joe Biden decided exactly a month before Catholic Christmas to present them with a gift in the form of cheaper energy resources. Well, if not to present, then at least firmly promise.

Oil prices have risen more than one and a half times since the beginning of 2021, and the United States, obviously, is extremely unhappy with this. And if something does not suit them in the geopolitical arena, then they begin to take action. And despite the fact that OPEC has recently increased production by 400 thousand barrels per day every month as part of the process of reaching pre-pandemic production figures, this is clearly not enough for Washington. And the price of oil seems too high to the American establishment, so it's time to intervene. After all, it is important to understand that Biden is to a much lesser extent than Trump ready for geopolitical adventures based only on his own vision, so it is obvious that the decision to adjust oil prices was made precisely at the level of the notorious “deep state”. Who thinks not only of consumers, but of the entire American the economy... Indeed, the largest single-stage reduction in oil production in history, which occurred in 2020, according to a number of economists, continues to negatively affect the US economy. As a result, since the beginning of the year, gasoline prices in the United States have risen by about a third, which has undoubtedly become an overwhelming burden for one of the richest countries in the world. So unmanageable that Biden a month ago declared the need to reduce them.

You will see gasoline prices creep down in the winter next year, 2022. (...) You will see a dramatic drop, a dramatic drop in what happens in terms of gasoline prices as we move in the next 2-3 years

- noted the American leader during a meeting with voters at the end of October 2021.

Obviously, a plan to intervene in the global economy was already developed then.

And after all, considerable efforts have been made to implement it. Nevertheless, having stirred the OPEC countries with their persistent attempts to push through the increase in oil production, the current US leadership nevertheless realized that it would not work to force the largest exporters of "black gold" to dance to their tune specifically on this issue. As they say, friendship is friendship, money is apart. And the largest oil-producing players from the Middle East were simply not ready to give up guaranteed oil revenues for the sake of American domestic political interests. Especially considering that Western countries are soon planning a complete phase-out of fossil fuels, which will undoubtedly bring down world prices.

However, having received an unambiguous refusal, official Washington did not despair and decided to use its other instrument - political resource in the form of the leadership of the countries of the collective West, obviously ready to subscribe to any American geopolitical adventure. As a result, a press release from the White House proudly, if not boastfully, notes that steps to bring energy prices will be taken not only by the United States, but also by a number of other developed countries, including Great Britain, Japan, India and South Korea. These countries agreed to follow the United States at the right time to print out the required volumes of strategic oil reserves in order to systematically bring down prices on the world market. Of course, the United States will not be able to replace OPEC by its actions, but of course it will not be possible to start playing the role of a price destabilizer. After all, the point is not only that gasoline in the States has risen in price, and it will be difficult for Biden to be re-elected. It is already clear that the issue of energy prices will become a key issue within the framework of the concept of energy transition adopted in the West. Consequently, the process of preparing for the "price wars" should be started now.

The United States and the Struggle to Preserve World Inequality


Analyzing the situation arising in the world energy market as a result of the actions of the United States and its allies, it should be understood that this is primarily an attempt to preserve the asymmetric nature of the state of affairs that has developed in the world. It is clear that with the collapse of the socialist bloc and the collapse of the USSR, the idea of ​​building capitalism has become key for most countries in the world. Nevertheless, the situation in which the rich get richer and the poor get poorer is gradually becoming the norm for the modern "pandemic" world and fair not only for individual societies, but also for entire states, which, of course, cannot but cause concern.

The developed countries of the so-called "Golden Billion" are making every effort to maintain their own standard of living, regardless of what consequences may threaten the less wealthy states. Moreover, this increasingly looks like a planned program, in which individual political decisions are not spontaneous attempts to solve immediate problems, but an attempt to build a new world order in which energy supply issues will be directly addressed by states, regardless of the principles of a market economy extolled by the West.

After all, it is getting worse and worse to continue solving the emerging economic crises by launching the printing press. For example, inflation in the same USA, which carried out unprecedented cash injections into its economy against the background of the pandemic, this month reached a maximum in thirty years - more than 6% in annual terms. And as noted above, this is already becoming a problem for the States, because their citizens are not used to this. Although in fact, such a sharp increase in the emission of the American currency has a negative impact primarily on the world, and not on the American economy, because four out of five dollars today circulate outside the United States.

Thus, each unit of American currency printed out of thin air means that the United States is getting into the pocket of every person on planet Earth. Moreover, even the one that never used the American currency and did not store savings in it. Alas, this is the essence of the modern financial structure of the world. The increase in demand for goods, triggered by the explosive increase in the dollar money supply, leads to supply shortages and higher prices. As a result, the United States is simply shifting the problems of its own economy onto the shoulders of other countries within the framework of the phenomenon known in economic science as the export of inflation. Washington prints money uncontrollably, simply taking advantage of the fact that the US dollar is the world's reserve currency and it accounts not only for most of the mutual settlements in the world, but also for most of the foreign exchange reserves of countries.

Nevertheless, even exporting inflation was not enough to solve the problems of the United States, and they decided to take the simplest path - to cut costs. As you know, the economy of developed countries is largely built on the cheapness of imported manufactured goods and energy resources. And the rise in oil prices has banally led to the fact that American citizens and companies have to spend more, which, according to Washington, of course, is a threat to the stability of the existing economic system, which must be eliminated. The current distorted balance of redistribution of financial resources between rich and poor countries must be maintained at all costs. And of course, you shouldn't even think about the consequences for other states. Although exactly what is an item of expenditure for the economies of developed countries, for the oil-exporting countries is the most important source of budget replenishment. Thus, the declared noble goal of helping American consumers, in fact, will be achieved at the expense of lost profits, expressed in additional funds pulled from the economies of other countries, already suffering from inflation exports.

Thus, it becomes obvious that the impending large-scale interventions on the world oil market, prepared by Washington and its allies, are only part of a much larger project designed to maintain global inequality at the same level. And the United States not only does not want to give up its existing absurdly disproportionate geopolitical positions in comparison with other powers, but, on the contrary, is striving with all its might to undermine any international associations that dare to disobey their will. The signal about this to the world can now be traced quite clearly. It does not matter whether it is OPEC or some other organization, if it does not agree to fulfill the will of the States, the result will be obvious - war. In this case, so far only economic.
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  1. Fourth Horseman (Fourth Horseman) 25 November 2021 08: 03
    +3
    A one-time injection will only give a short-term decline in the price per barrel. And then what?
    1. Face Offline Face
      Face (Alexander Lik) 25 November 2021 08: 49
      0
      And then the bulk will dump Putin and return the bowels of Russia to American companies (at least that was the plan).
      1. Alexndr p Offline Alexndr p
        Alexndr p (Alexander) 25 November 2021 10: 20
        -1
        And then the bulk will dump Putin and return the bowels of Russia to American companies

        but it turned out as always, such a plan cannot be built on liquid warriors with mode, you can only smoke it
  2. Face Offline Face
    Face (Alexander Lik) 25 November 2021 08: 48
    +1
    four out of five dollars today circulate outside the United States

    So it turns out that the true inflation is 6 * 4, a total of 24%.
    Now the corkheads squeal, as soon as someone starts to slightly withdraw their zvr from the dollar.
    The economy of the elves begins to burst at the seams so that even the choirs of sweet-voiced asexual inexpensive "experts" and magazines cannot block this crunch and crack.
  3. Bulanov Offline Bulanov
    Bulanov (Vladimir) 25 November 2021 09: 01
    0
    It's simple. The US wants to bring its dollar to the level of the Zimbabwean in order to pay off its debts with the whole world. When 1 thousand dollars will actually cost 1 dollar, it will be much easier to do! Hence the inflation all over the world and the loss of all savings that are not in gold and other precious metals.
    So it was once in ancient Rome. Then he collapsed under the pressure of migrants.
  4. Bakht Offline Bakht
    Bakht (Bakhtiyar) 25 November 2021 09: 02
    0
    50 million barrels during several months... More like a PR campaign. Moreover, it is stated that the States will throw out only 18 million barrels. And another 12 million later. When later, it was not specified.
    Daily oil consumption in the world is 100 million barrels.
    Of course, speculators on the stock exchanges will briskly begin to place bets, but the exchange games have nothing to do with reality. OPEC is increasing production by 400 thousand barrels per day. That is, in a month by 12 million barrels. But that doesn't help much.
  5. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 25 November 2021 09: 38
    0
    "Much ado about nothing" was written a long time ago.

    All industrial countries benefit from cheap oil. They consume and produce. And the United States from time to time throws away stocks, all the more recently, they bought them cheaply.

    All producing companies benefit from expensive oil. Therefore, the Arabs, Rosneft, Norwegians and Canadians, etc., joyfully rub their palms. They say that both gasoline and oil are getting more expensive. They are opposed in every possible way to the cheapening of hydrocarbons.
    Monopolies, collusion, GUARDIANS ...
    1. Alexndr p Offline Alexndr p
      Alexndr p (Alexander) 25 November 2021 10: 21
      -2
      Monopolies, collusion, GUARDIANS ...

      and you are such a democrat in a white coat standing and looking for the hand of the market love



      Wretched picture
      1. Sergey Latyshev Offline Sergey Latyshev
        Sergey Latyshev (Serge) 25 November 2021 11: 15
        +2
        The hand of the market?
        You've seen enough of a zombie boy. in the "saints of the 90s", travolta.

        In Omerik, the competitors once quietly burned oil wells and raided in full.
        And the endogan is dragging from Syria right now.
        money doesn't smell.

        pathetic cheating, Olesha ...
  6. boriz Offline boriz
    boriz (boriz) 25 November 2021 11: 15
    +2
    US wants to crash the global oil market and preserve global inequality

    The title of the post is correct, the motivation is unconvincing.
    The story of those pitiful 50 million barrels only speaks to how much Biden is burning. This is a declaration of intent. The unwinding inflation hit fuel prices in the first place. And Biden is to blame for this. It was he who, in the very first days after the inauguration, began to curtail oil production (first of all, shale), and, along the way, gas (accompanying). And fuel prices jumped immediately.
    And the USA is a country of motorists. And this rise in prices is perceived painfully.
    Biden did not expect such a rise in inflation, which is not only monetary, but also structural in nature. How to deal with all inflation, he does not know. But you can try to lower fuel prices.
    Biden is taking global measures for this, but they do not keep pace with the situation. Therefore, the topic arose about these 50 million barrels.
    And the main topic is the restoration of the nuclear agreement with Iran. Then a sea of ​​oil will splash onto the market. And immediately. Iran will not only restore production, but will immediately start selling what has already been produced, of which there is a lot in storage. Prices will naturally fall.
    This is the agreement Biden is pedaling. At the same time, he wants to squeeze the maximum out of this situation. But Iran is doing the same, it has a win-win position. Iran, taking advantage of the protracted negotiations, wants to have time to produce a quantity of highly enriched uranium, sufficient to create several warheads.
    The current situation is not at all pleasing to Israel, which in every possible way aggravates the situation and prepares for a raid on Iran's nuclear facilities. This Israeli position does not speed up the negotiation process.
    It got to the point that the United States issued its "ally" the command "scamper under the bench."
    https://www.newsru.co.il/mideast/22nov2021/nyt_202.html

    In anticipation of the resumption of negotiations on the return of the United States and Iran to the Vienna Agreements in 2015, the Joe Biden administration demanded that Israel refrain from sabotage at Iranian nuclear facilities. The newspaper The New York Times reports.

    Iran is dragging out the negotiations with its intransigence (and he is right, of course), Israel is preparing to disrupt the negotiations altogether. Hence the hysterical decision to open up strategic oil reserves in order to stop the discontent of US citizens at least for a while. And there, you see, and the agreement arrives in time, it will be possible to remove the sanctions from Iran.
    Russia, like the OPEC countries, is not very interested in this alignment, but this is a separate topic.
  7. Ivan Dok Offline Ivan Dok
    Ivan Dok (Ivan Bychko) 25 November 2021 11: 54
    -1
    In this situation, when there is a shortage of oil, this will further increase prices due to an even stronger increase in fuel.
  8. NikolayN Offline NikolayN
    NikolayN (Nikolai) 25 November 2021 13: 03
    -1
    Well. We must play in the conditions in which we find ourselves. The task is not to sell more oil and make money. The task is to create conditions under which our citizens will earn like an average European. As soon as this happens, there will be such sources of income for the country that we will save oil and gas and sell it only to partners.
    You just have to make up your mind.
    1. Bulanov Offline Bulanov
      Bulanov (Vladimir) 25 November 2021 13: 43
      0
      To make money like an average European, you need to transfer production from the EU to the Russian Federation. In the Russian Federation, energy resources and labor are much cheaper.
      1. Kim Rum Eun Offline Kim Rum Eun
        Kim Rum Eun (Kim Rum Yn) 26 November 2021 09: 10
        +3
        ... and working hands.

        You are not in a position to understand everything, that the working hands in Russia are long over. Russia brings in millions of guest workers from Central Asia. These "hands" are relatively cheap, but the quality of their work is awful.

        It seems that some guests from the past are writing here ... some flew here directly from the Universities of Marxism-Leninism at the garrison House of Officers ... and others 20 years ago read a piece of newspaper that was torn off in the toilet, they learned what they read here for years. frets re-sing.
        1. Bulanov Offline Bulanov
          Bulanov (Vladimir) 26 November 2021 09: 14
          -1
          The ice has broken! Sobyanin has already started talking about the reduction of guest workers at Moscow construction sites. This is the beginning. A little later there will be a campaign. And Russia has enough of its own people. Decent salaries are not enough. This was about the same throughout Russia at the beginning of the 20th century, and automation is now higher.
  9. Kim Rum Eun Offline Kim Rum Eun
    Kim Rum Eun (Kim Rum Yn) 25 November 2021 23: 52
    +3
    United States will release 50 million barrels of oil from national strategic reserves in order to lower energy prices for American consumers.
    In this way, The United States has officially announced an unprecedented in recent history intervention on the world oil market, which will affect both producers and consumers of "black gold" around the world.

    About 3 years ago, I bought 30 kg of sugar at 27 rubles and placed them in the pantry. Now 1kg of sugar costs 50 rubles, and I decided to start spending my old stash. By taking this unprecedented step in modern history, I will be able to bring down the sugar market not only in the Moscow region, but also on a federal scale, which will affect sugar producers and consumers throughout Russia and even around the world. laughing