Saudi and China sign deal

5,099 Views | 44 Replies | Last: 4 yr ago by St Hedwig Aggie
Yukon Cornelius
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https://oilprice.com/Energy/Energy-General/China-And-Saudi-Arabia-Strengthen-Ties-With-10-Billion-Petrochemical-Plan.html
Whirligigs
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Russia was the start - but our sanctions are going to f Europe and us. The rest of the world is going to do business with each other and watch our fiat system completely fall apart.
BillYeoman
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Saudi Arabia wouldn't answer Biden's call. Now the Biden administration is groveling to Maduro in Venezuela Same Maduro who is labeled by our government as a narco terrorist and reaffirmed his military cooperation Russia 5 days before Russian invasion of Ukraine. And Venezuela owes China $60 billion.

Democrats have ****ed our nation.
DrEvazanPhD
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Whelp. It was fun while it lasted.
Sid Farkas
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The Saudis are sick of America's sanctimony...they know the Chinese wont say a peep about their shenanigans.
TRX
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National suicide is a lot worse when it drags out. Biden is turning the screws as fast as he can, hoping there's no turning back after the new congress is sworn in next January.
ULTRA MAGA
My Name Is Judge
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Good job by everyone that didn't vote Trump

aggie93
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Yukon Cornelius said:

https://oilprice.com/Energy/Energy-General/China-And-Saudi-Arabia-Strengthen-Ties-With-10-Billion-Petrochemical-Plan.html
Don't like it but 300k BBD isn't going to do much and this isn't going to happen overnight. Unfortunately we have a completely inept admin so it's going to get a lot worse.
"The most terrifying words in the English language are: I'm from the government and I'm here to help."

Ronald Reagan
Dan Scott
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ExxonMobil finalized a $10B deal with China for petrochemicals in February. The plant will startup in 2024-2025.
Aggie95
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Well, if it's made by Chinese labor with Chinese parts....it won't be worth a crap anyway.
I am always wrong
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Dan Scott said:

ExxonMobil finalized a $10B deal with China for petrochemicals in February. The plant will startup in 2024-2025.


The XOM board of directors is majority environmental marxists as of a few years ago. Not surprising.
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SociallyConditionedAg
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Whirligigs said:

Russia was the start - but our sanctions are going to f Europe and us. The rest of the world is going to do business with each other and watch our fiat system completely fall apart.

Yep, and if we're going to do business with other countries, not all of them are going to be Boy Scouts.
Marcus Brutus
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Quote:

a development that will worry the Biden administration

why would it worry the Biden admin?

Biden and his Marxist admin are anti oil and gas and coal and are doing what they can to kill it in this nation. Why do they care about Saudi and China with regard to a dirty oil deal?

The Paris Accord allows China to continue to blow out CO2. BRIC is going to continue to build out using every form of energy available to them: coal, oil, natural gas, etc..., while America destroys itself.




Here is some data from 2018 concerning China. Coal is king:

In 2018, China's emissions of carbon dioxide, the leading heat-trapping gas, rose roughly 2.5 percent. This was the largest annual increase in five years.

In 2018, roughly 30 GW of new coal-fired power capacity was added in China (roughly 60 midsized coal plants). Capacity additions for coal-fired power plants continued at the same pace in the first half of 2019.

China's public financial institutions continued to lead the world in financing new coal-fired power plants abroad (44 GW).



Here is info from 2020:

... China is the world leader in building new coal-fired generation plants and is on track to grant more permits for new coal facilities in 2020 than in 2018 or 2019. In 2019 coal represented some 64 percent of total energy use, while renewables contributed 8 percent and hydro 17 percent for the Chinese grid. China is by far the world's largest emitter of methane gas, a much more potent contributor to climate change than carbon dioxide, with levels released into the atmosphere reaching three to four times that of the United States, and three times more than Russia. Chinese agricultural methods are responsible for much of its total, whereas the United States and Russia see large contributions from natural gas production.


Here is a report from 2017:

The country (China) pledged to keep increasing its greenhouse gas emissions through 2030 as it continues to grow its economy, and then begin to decrease them. This is widely different from the U.S. pledge to decrease those emissions by 26 to 28 percent by 2025 (from 2005 levels). As a result, China is enjoying increasing its electrification of communities and supplying energy to fuel its economy by using mainly coal-fired electricity.


From 2018:

China is key. It is by far the world's biggest source of carbon emissions, producing more than one quarter of the global total and 81 percent more than the United States. The U.S. is the second-largest; India a distant third
LOYAL AG
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Whirligigs said:

Russia was the start - but our sanctions are going to f Europe and us. The rest of the world is going to do business with each other and watch our fiat system completely fall apart.


I'm interested to know how the Chinese fiat system is superior to ours. Tia
The federal government was never meant to be this powerful.
JamesE4
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I worked on this project in 2018-2019 and again in 2021. Aramco reinvesting in this is not related to a sleepy Joe or Russia.

BTW, I believe it will operate well even though mostly designed by China.
TexAgGrad19
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Fear InoculAg said:

Dan Scott said:

ExxonMobil finalized a $10B deal with China for petrochemicals in February. The plant will startup in 2024-2025.


The XOM board of directors is majority environmental marxists as of a few years ago. Not surprising.
How is that even possible? Serious question
LOYAL AG
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FAT SEXY said:

Are we seeing the beginning of the end of the petrodollar system?


We're seeing the end of globalization. The entire world order is coming unraveled and incompetence from the US is ensuring that's as painful to us as possible. It's going to be difficult for us to **** this up but it's clear we're going to try our best.

I'm becoming convinced the smartest thing for us to do is stop pretending we're still engaged with the rest of the world. Recall the Navy and tell corporations, all of whom long ago stopped being American entities and became international ones anyway, that they're on their own for the physical security of goods on the open waters. We don't need Asia so stop propping them up. We don't need the Middle East so stop interfering in their hatred of each other. We don't need Europe so let them figure out how to fend off Russia for another 20 years before the Russians get too old and feeble to be a threat anymore.

Just let it go back to how it was pre-WWII when we didn't care and didn't pretend to care but most importantly we weren't spending a material portion of GDP supporting a system that wasn't beneficial to us. Just acknowledge we don't care anymore and let it fail. Then get out of our own way which is really the part we're determined to **** up.
The federal government was never meant to be this powerful.
ttu_85
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DrEvazanPhD said:

Whelp. It was fun while it lasted.
You know this defeatism is sickening. maybe some of y'll need a few reminders.

North America and Europe created the modern world
North America and Europe still have by far the strongest economies and GDP in the world.
North America and Europe still have the ability tp project economic and military power at 10X China abilities

Our problem is dead wood also known as post modern liberalism. Crush that poison at home and watch NA and Europe reassert ourselves, easily, as the the global leaders

It will be clear even to dumbest and most idealistic of lefty morons that they and their movement was being orchestrated by China. Remember all those profs on the Chinese payroll, Chinese hooks into Hollywood. Their game play is to kill us with Social Cancer not true social justice which is a society based on merit and equality of opportunity.

Meanwhile our side makes posts on a message board like this one and 10 others just like it.

Yes I know and the "tard" made a post on a message board like this one. Its time to remind people of what they are and where we as a people have been. When I first walked your campus with my daughter, went to the quad, to Bonfire, saw the traditions. Even I as a proud RR could see something special about this place. I studied TAMU's roots, why it was created as a big FU to reconstruction and the post Civil War order. Those people had balls, whether you agreed with them, or not. Why dont y'all rediscover yours.

Fire away wimps
TexAgGrad19
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ttu_85 said:

DrEvazanPhD said:

Whelp. It was fun while it lasted.
You know this defeatism is sickening. maybe some of y'll need a few reminders.

North America and Europe created the modern world
North America and Europe still have by far the strongest economies and GDP in the world.
North America and Europe still have the ability tp project economic and military power at 10X China abilities

Our problem is dead wood also known as post modern liberalism. Crush that poison at home and watch NA and Europe reassert ourselves, easily, as the the global leaders

It will be clear even to dumbest and most idealistic of lefty morons that they and their movement was being orchestrated by China. Remember all those profs on the Chinese payroll, Chinese hooks into Hollywood. Their game play is to kill us with Social Cancer not true social justice which is a society based on merit and equality of opportunity.

Meanwhile our side makes posts on a message board like this one and 10 others just like it.

Yes I know and the "tard" made a post on a message board like this one. Its time to remind people of what they are and where we as a people have been. When I first walked your campus with my daughter, went to the quad, to Bonfire, saw the traditions. Even I as a proud RR could see something special about this place. I studied TAMU's roots, why it was created as a big FU to reconstruction and the post Civil War order. Those people had balls, whether you agreed with them, or not. Why dont y'all rediscover yours.

Fire away wimps

Bird Poo
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ttu_85 said:

DrEvazanPhD said:

Whelp. It was fun while it lasted.
You know this defeatism is sickening. maybe some of y'll need a few reminders.

North America and Europe created the modern world
North America and Europe still have by far the strongest economies and GDP in the world.
North America and Europe still have the ability tp project economic and military power at 10X China abilities

Our problem is dead wood also known as post modern liberalism. Crush that poison at home and watch NA and Europe reassert ourselves, easily, as the the global leaders

It will be clear even to dumbest and most idealistic of lefty morons that they and their movement was being orchestrated by China. Remember all those profs on the Chinese payroll, Chinese hooks into Hollywood. Their game play is to kill us with Social Cancer not true social justice which is a society based on merit and equality of opportunity.

Meanwhile our side makes posts on a message board like this one and 10 others just like it.

Yes I know and the "tard" made a post on a message board like this one. Its time to remind people of what they are and where we as a people have been. When I first walked your campus with my daughter, went to the quad, to Bonfire, saw the traditions. Even I as a proud RR could see something special about this place. I studied TAMU's roots, why it was created as a big FU to reconstruction and the post Civil War order. Those people had balls, whether you agreed with them, or not. Why dont y'all rediscover yours.

Fire away wimps



Rocky Rider
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My Name Is Judge said:

Good job by everyone that didn't vote Trump




What is the chance the libs and CMs understand any of this? I think 0%. All the swing voters want is someone to provide them with security.

If it's over, we had a great ~100 year run after the Great Depression. In the end our downfall was greed and hunger for power & control.
Yukon Cornelius
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https://www.wsj.com/amp/articles/saudi-arabia-considers-accepting-yuan-instead-of-dollars-for-chinese-oil-sales-11647351541

A news story saying Saudi might use yuan instead of dollars now.

The exit of Afghanistan and the manner in which we left and the manner in which China entered is playing a larger role in this geopolitical shift than most realize.
Ags4DaWin
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Tom Kazansky 2012
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ttu_85 said:

DrEvazanPhD said:

Whelp. It was fun while it lasted.
You know this defeatism is sickening. maybe some of y'll need a few reminders.

North America and Europe created the modern world
North America and Europe still have by far the strongest economies and GDP in the world.
North America and Europe still have the ability tp project economic and military power at 10X China abilities

Our problem is dead wood also known as post modern liberalism. Crush that poison at home and watch NA and Europe reassert ourselves, easily, as the the global leaders

It will be clear even to dumbest and most idealistic of lefty morons that they and their movement was being orchestrated by China. Remember all those profs on the Chinese payroll, Chinese hooks into Hollywood. Their game play is to kill us with Social Cancer not true social justice which is a society based on merit and equality of opportunity.

Meanwhile our side makes posts on a message board like this one and 10 others just like it.

Yes I know and the "tard" made a post on a message board like this one. Its time to remind people of what they are and where we as a people have been. When I first walked your campus with my daughter, went to the quad, to Bonfire, saw the traditions. Even I as a proud RR could see something special about this place. I studied TAMU's roots, why it was created as a big FU to reconstruction and the post Civil War order. Those people had balls, whether you agreed with them, or not. Why dont y'all rediscover yours.

Fire away wimps

brookline joe
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BOOM!!!!!!!!!!!!!!!!
Burdizzo
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So the Saudis don't care about Muslim Uighurs either?

It must suck to be a Uighur.
LoudestWHOOP!
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My Name Is Judge said:

Good job by everyone that didn't vote Trump


Jarrin' Jay
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Aggie95 said:

Well, if it's made by Chinese labor with Chinese parts....it won't be worth a crap anyway.

You may want to check your computer, phone, tv, streaming device / cable box, IP router, household appliances, powers tools and outdoor lawn equipment......... basically everything but textiles/clothing and construction materials.
geoag58
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PearlJammin said:

ttu_85 said:

DrEvazanPhD said:

Whelp. It was fun while it lasted.
You know this defeatism is sickening. maybe some of y'll need a few reminders.

North America and Europe created the modern world
North America and Europe still have by far the strongest economies and GDP in the world.
North America and Europe still have the ability tp project economic and military power at 10X China abilities

Our problem is dead wood also known as post modern liberalism. Crush that poison at home and watch NA and Europe reassert ourselves, easily, as the the global leaders

It will be clear even to dumbest and most idealistic of lefty morons that they and their movement was being orchestrated by China. Remember all those profs on the Chinese payroll, Chinese hooks into Hollywood. Their game play is to kill us with Social Cancer not true social justice which is a society based on merit and equality of opportunity.

Meanwhile our side makes posts on a message board like this one and 10 others just like it.

Yes I know and the "tard" made a post on a message board like this one. Its time to remind people of what they are and where we as a people have been. When I first walked your campus with my daughter, went to the quad, to Bonfire, saw the traditions. Even I as a proud RR could see something special about this place. I studied TAMU's roots, why it was created as a big FU to reconstruction and the post Civil War order. Those people had balls, whether you agreed with them, or not. Why dont y'all rediscover yours.

Fire away wimps






It is going to take everyone who knows the truth taking on a very thick skin and standing up all at once everywhere because the evil forces aligned against attempt to cancel anyone who dares to speak the truth.
Tex100
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FAT SEXY said:

Are we seeing the beginning of the end of the petrodollar system?
Nixon's greatest accomplishment.
Jarrin' Jay
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Yukon Cornelius said:

https://oilprice.com/Energy/Energy-General/China-And-Saudi-Arabia-Strengthen-Ties-With-10-Billion-Petrochemical-Plan.html

As well as

https://www.foxnews.com/world/russia-china-new-coal-deal-state-media




Won't someone think of the emissions and the potential 1/10th of a degree increase in global temperature in 1000 years?!?!
BluHorseShu
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JamesE4 said:

I worked on this project in 2018-2019 and again in 2021. Aramco reinvesting in this is not related to a sleepy Joe or Russia.

BTW, I believe it will operate well even though mostly designed by China.
Good insight…however, it doesn't fit the groupthink here, so get ready for it to be dismissed.
LMCane
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Whirligigs said:

Russia was the start - but our sanctions are going to f Europe and us. The rest of the world is going to do business with each other and watch our fiat system completely fall apart.

Here's a thought:

if you actually wanted to humiliate and strategically weaken the United States over the last 15 months..

would you do anything different than what Biden has done?

and now we get to give nuclear weapons to Iran and allow them to sell oil to Russia.

Because, why not?
Yukon Cornelius
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BluHorseShu said:

JamesE4 said:

I worked on this project in 2018-2019 and again in 2021. Aramco reinvesting in this is not related to a sleepy Joe or Russia.

BTW, I believe it will operate well even though mostly designed by China.
Good insight…however, it doesn't fit the groupthink here, so get ready for it to be dismissed.


And Saudi Arabia is actively in talks with China to price oil in their currency. Meanwhile ignoring our country's leader.

Sure it has nothing to do with the geopolitical state of things....
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