a- If you study how dictators & governments collapsed, you find a common thread: Regime's lines of communication collapsed!
b- If you think global superpowers want #democracy in Iran, think again. #Iran
2- A regime collapse leads to a major decline in oil & natural gas production and exports. We have seen this before. President Biden cannot have it both ways.
3- A regime collapse might lead to the "Iraqization" of Iran wth rampant sectarian and ethnic violence. #Iran#Iraq
4- The Iranian regime is not only a brutal murderous regime, but it is also a terrorist regime that violated all principles of human rights & gave Islam a bad name.
We have seen what foreign interference has done in Iran before & minorities will be supported by other countries.
5- If the regime collapses, I will not be surprised if the US, along with other countries, takes over the Iranian part of the largest gas field in the world: the South Pars/North Dome field. This is to protect Qatari LNG supplies now and in the future. #Qatar
6- The above should not be interpreted as the US's desire to control the field (American companies and US military base are already nearby), it is just the strategic necessity to protect gas supplies given current and future problems. Any superpower would do that.
7- The collapse of the regime in Iran might lead to civil wars in Lebanon & Iraq. While this is no reason to support the regime, if the Iranian regime collapses, the possibility of losing Iranian and Iraqi oil AT ONCE is real and US military involvement in the gas field is high.
8- Losing Iranian and Iraqi oil at once might lead to a sea change...with small spare oil production capacity & tanker insurance rates going through the roof, will the US military go back to Iraq to secure the southern oil fields?
Finally, notice the IFs in the thread... relax!
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1- I wish I was still teaching at the university. I would have used the recent Valero letter to the #California Energy Commission as the main reference for a two-hour lecture on the impact of public policy on the oil sector. $VLO #Oil#OOTT
2- The commission sent Valero a letter requiring answers to certain questions within ONE business day. Yep, ONE!
Velero responded with a two-page letter within one business day. I am impressed, as you can tell, with the letter. #Oil#Gasoline#Climate
3- The letter highlighted the "countless investigations" every time gasoline prices increased in the state. The investigations "have demonstrated, market drivers of supply and demand, together with government-imposed costs and specifications, determine market price" #OOTT#oil
Probably President Biden should not talk about gasoline prices again. He just said something and we lost three refineries in 24 hours! #Oil#OOTT#COM#EFT
1-3 تأسست شركة جي إم للسيارات منذ 144 عاما. وتطورت مع الزمن بعد شرائها العشرات من شركات السيارات. حاول مؤسسها وليام دورانت شراء شركة فورد ب8 ملايين دولار، ووافق هنري فورد ولكن طلب أن تكون ذهبا. ولما لم يتمكن دورانت من توفير الذهب، طرده مجلس إدارة جي إم من الشركة.
2-3 أسس شركة شفروليه التي قامت بشراء غالبية أسهم جي أم، وسيطر من جديد على الشركة التي أنشأها. ماركات بيويك وشفروليه وكاديلاك وبونتياك كانت كلها شركات مستقلة جمعتها جي إم. بعد سنوات طرده مجلس الإدارة مرة أخرى. فأسس شركة سيارات جديدة أفلست بسبب الكساد العظيم.
Happy 144th Birthday GM! #Oil_History $GM 1-3 GM was established on Sep 16, 1908. It started with Buick. Later it acquired Oldsmobile, Cadillac & more than 25 car companies. There are many turns and twists in GM history. I will mention two:
2-3 William C. Durant established GM. After buying several auto manufacturers, he offered to buy FORD for $8 million. Henry Ford agreed on one condition: the payment has to be in GOLD! Banks refused to finance Durant. He lost the deal & was fired by the GM board
3-3 He started Chevrolet Motor Company with Louis Chevrolet, and bought GM stocks until he is back in control! Later he was fired by the board.. again! Started a new car company that went bankrupt. At old age, he was poor and died poor.
By the time Iraq started diverting shipments to Europe from Basra port, the port is closed because of an oil spill that will take an unknown time to clean!
Just a coincidence, just like all the others that export oil and gas to EU!
Short thread: 💥 1-4 We built buildings without windows that can open to "conserve energy", we ended up with mold that made people sick!
We switched to LED lights to "conserve energy" but
Scientists warned years ago that LED lights could be doing more harm than good: 👇👇👇👇
2-4 "LEDs or light-emitting diodes consist of a semiconductor chip positioned on a reflective surface; when electricity runs through the semiconductor, light is produced."
3-4 From the Gaudian today talking about a new study confirming earlier studies: While LED lighting is more energy-efficient & costs less to run, increased blue light radiation associated with it is causing “substantial biological impacts” across Europe.