Jus Waiting On A Friend
"Ryannnnnnnn .."
Her faint seductive whisper almost seemingly falls on deaf ears..
Ryan is lost in that too early in the morning 4th. dimensional straddle where DreamVille Blvd. and Realty Rd. have not yet been approached much less intersected.
"Ryannnnnnn..."
"Yeeeaaahhhhhhh..."
"Ryannnnnn"!
"Uh Huh".
"Damn you Ryan.
Open your eyes and listen to me".
"Say what Girl"???
"Damn you Ryan!
I want to talk. I want to talk now"!
"Awaight. Awaight.
I hear you Girl. Go ahead.
Talk to me".
"Ryannnnn! Sit up damn it"!
Long exhale.
A very muffled
"OMG your fuckin killin me".
Trailing off into a faded garbled very faint whisper.
"Sit Up Ryan!
I hate you Ryan.
Forever and always.
OMG!
Where are you going Ryan"?!
"Make some coffee Girl.
Awaight"?
"Me Too"?
"Uh Huh".
"Ooouuhhhh.
Put that Rich Rich Vanilla Cream in the bottom of the cup" K.
"Uh Huh".
" Ooouuhhhh.
Pomegranate Green Tea too".
"Uh Huh".
"Ryannnnnnnnnnnn...".
Seemingly on auto pilot.
On Que.
Ryan turns to the On Fire Seductive Whisperer.
"I Lovvvve you Ryannnnnn...".
"Uh Huh".
The conclusion to this early morning head on collision while rollin down Da 405.
Needle buried all the way to the right.
Impact.
Head The Fuck On.
In calculating
Velocity regarding Mass Speed on Impact.
Forensic minds are baffled.
The Good Newz.
Everyone walked away
Had breakfast as it was.
WIN WITHOUT FIGHTING
Master Sun Tzu 544–496 BC
The Art of War
Feel Me?
So Far?
Before I forget.
A Swamp contest if you will.
Bragging rights go to the country with the hottest women regarding sexual nature and behavior.
With the least amount of strings attached.
As well this country holds the world wide position of the top 3 readerships consistently here in Da Swamp.
That country would be non other than.
French Girls Damn Sure ain't Playin when it comes around to that Love Thang.
Hot Steamy Passion Off Da Wire
American Gasoline prices on the way low side of it all.
In fact the world at large is feeling this Christmas Bonus.
One person and one person only to thank for this new heavy weight of wallets world wide for consumers at the gasoline pump.
Yeah.
We'll show him.
The him is non other than Vladimir Putin.
sanctions up his keaster.
Sanctions that are driving down Putin's profits on his countries oil production.
In fact all profits are down at this point in time in oil production world wide.
The close of a barrel of crude on Friday was below $60.00.
A five year low.
Throw now into the Russian equation the financing of two wars.
As bad as it might become for Russia.
Keep in mind.
Russia' main Dawg and Homie.
China.
Is not going to let Russia Fall.
Also do not forget that Russia.
Unlike the Good Ol' USA.
Is not dealing with a deficit but a nice little surplus.
Vladdy P. for sure feeling the pinch.
All that said.
So is the rest of the oil producing nations.
Give Ya All just a taste of crude gone wild.
West Texas Crude peaked this year at $107.00 a barrel.
Today at the close of Fridays Market.
Somewhere down around $44.00 a barrel.
Oil Price Information Service Senior Analyst Tom Kloza stated:
"We are no where near the bottom".
Encouraging newz.
If you are a consumer of any and all crude oil products.
This seemingly over night insane drop in crude prices set a record for the lowest crude prices
in last five years.
Algeria and Venezuela as well as many other oil producing nations are pleading with Saudi Arabia' Minister Of Oil regarding the good to go on cutting back oil production.
Here is what one major player in the oil industry stated:
"There's nothing the rest of OPEC or the world could do to pressure the Saudis,"
Said Tariq Zahir, managing member at Tyche Capital Advisors in New York.
So there YA have it world.
One of your major costs of living has dropped dramatically.
At least for the next two months.
Enjoy.
While over at The White House.
To their direct credit.
Local American Law Enforcement has been thrown under all the bus wheels.
Country wide.
Now.
To keep the destruction of the Kill America Bus Rolling.
The absolute number one spy agency on this planet.
That of course is The CIA.
Has been Hung Out To Dry and Wither.
Operatives World Wide.
Lives in even more danger than their job description outlines.
Great Job White House.
But to this very day.
Not a word from this White House regarding the two Delta Force Snipers that were held prisoner for two weeks in Iraq..
Tortured.
Eviscerated.
End Trails Extracted
Beheaded.
But damn those bad bad CIA Agents.
Doing their jobs.
Extracting Information From The Enemies of America.
As The White House Spinz.
What will be the next exciting Destroy America Drama to be dropped on Americas doorstep.
One can only imagine.
Ryan. Out.
From our friends at:
RealClearWorld
www.realclearworld.com
How Iranian Oil Became Irrelevant
Years
of war, sanctions, lack of proper investment as well as mismanagement
and corruption within the Iranian oil industry—particularly under the
stewardship of former President Ahmadinejad—have had the profound and
long lasting effect of putting Iran behind other major crude producers.
This is in sharp contrast to where Iran stood in the 1970s when the
world looked at her oil exports with envy. At the time the late Shah was
dubbed the “Emperor of Oil” by Time magazine
as Iran held as much sway within OPEC as the Saudis do today. Iran was
the second largest exporter in the cartel and the fourth largest
producer in the world. At its peak, before the revolution, Iran was producing 6 million barrels a day.
Iran’s
fall as a global player in energy markets has been steep and fast.
Today, Iran is the 8th largest net exporter of crude in the world, and
it has fallen behind many OPEC countries
like Iraq, the UAE and Kuwait. To be sure, those countries have
structural advantages that Iran doesn’t. Most significant, a smaller
population base that consumes less of the oil they produce. Estimates
vary, but of the 3.5 million barrels of oil a day that Iran produces,
nearly half is refined and used domestically.
Also hurting Iran are sanctions that have forced traditional European buyers, such as Germany and Italy, to halt all Iranian crude purchases. This was not done all at once but rather over a period of six months whereby the European Union (assisted by United States using its threat of extraterritorial sanctions) managed to get long standing customers of Iran’s crude to purchase less and less oil every month. This strategy allowed other OPEC producers, particularly Saudi Arabia- to make up for the shortfall of Iranian crude that was no longer being purchased.
What made this strategy particularly effective was that it was not sudden, but rather phased in over time. As a result, crude importers didn’t feel a price shock. With Gulf Arab states producing at or near capacity and new production coming from North American shale oil, downward pressure on crude prices persisted. Consumers never felt the pain of Iran’s crude being replaced.
Iran’s crude exports were marginalized. The math is simple: What’s 1.5 million barrels of crude per day, in a world that’s currently over-supplied by 2 million barrels per day?
Some argue Iran should have withdrawn its crude from the market all at once, so as to shock the global market and cause a rise in crude prices. That argument falls flat for a country whose primary source of income is oil exports. It was telling that the Iranian oil minister Bijan Namdar Zanganeh, a respected industry veteran, came to the OPEC meeting in Vienna determined to see a production cut, but left stating the Iranian position was “closer” to that of Saudi Arabia. Iran’s leverage to sway other OPEC members to its position was limited, with the collective might of its GCC neighbors (which account for more than half of OPEC’s daily production) unified under the Saudi position.
In the future, Iran could again play a significant role in international oil markets as it holds the fourth largest known crude reserves in the world. However, it can only return to relevance if it is able to fully realize its export potential and ramp up production. This can only happen with a deal on its nuclear dossier that lifts restrictions on its energy sector and allows for foreign investment and the inflow of technology that it lacks. It will also need to make its fiscal regime more attractive for Western companies (the world leader in oil field extraction and services) to justify their return to the Iranian market.
With international exploration and production hit hard by bearish prices and excess production, Iran must play for time until markets stabilize and recover. In the interim, it must do everything it can to break out of its international isolation so its energy sector can recover and become relevant again.
Amir Handjani is an Energy Expert and Managing Director of Pt Capital an Arctic Resource Asset Manager. He may be followed at @ahandjani.
Also hurting Iran are sanctions that have forced traditional European buyers, such as Germany and Italy, to halt all Iranian crude purchases. This was not done all at once but rather over a period of six months whereby the European Union (assisted by United States using its threat of extraterritorial sanctions) managed to get long standing customers of Iran’s crude to purchase less and less oil every month. This strategy allowed other OPEC producers, particularly Saudi Arabia- to make up for the shortfall of Iranian crude that was no longer being purchased.
What made this strategy particularly effective was that it was not sudden, but rather phased in over time. As a result, crude importers didn’t feel a price shock. With Gulf Arab states producing at or near capacity and new production coming from North American shale oil, downward pressure on crude prices persisted. Consumers never felt the pain of Iran’s crude being replaced.
Iran’s crude exports were marginalized. The math is simple: What’s 1.5 million barrels of crude per day, in a world that’s currently over-supplied by 2 million barrels per day?
Some argue Iran should have withdrawn its crude from the market all at once, so as to shock the global market and cause a rise in crude prices. That argument falls flat for a country whose primary source of income is oil exports. It was telling that the Iranian oil minister Bijan Namdar Zanganeh, a respected industry veteran, came to the OPEC meeting in Vienna determined to see a production cut, but left stating the Iranian position was “closer” to that of Saudi Arabia. Iran’s leverage to sway other OPEC members to its position was limited, with the collective might of its GCC neighbors (which account for more than half of OPEC’s daily production) unified under the Saudi position.
In the future, Iran could again play a significant role in international oil markets as it holds the fourth largest known crude reserves in the world. However, it can only return to relevance if it is able to fully realize its export potential and ramp up production. This can only happen with a deal on its nuclear dossier that lifts restrictions on its energy sector and allows for foreign investment and the inflow of technology that it lacks. It will also need to make its fiscal regime more attractive for Western companies (the world leader in oil field extraction and services) to justify their return to the Iranian market.
With international exploration and production hit hard by bearish prices and excess production, Iran must play for time until markets stabilize and recover. In the interim, it must do everything it can to break out of its international isolation so its energy sector can recover and become relevant again.
Amir Handjani is an Energy Expert and Managing Director of Pt Capital an Arctic Resource Asset Manager. He may be followed at @ahandjani.
