Nonsense.
You are so consumed with what people think that you go on message boards and posture anonymously.
Bartender/ Actress the lie behind AOC
- Thread starter Wolverine
- Start date
Nonsense.
You are so consumed with what people think that you go on message boards and posture anonymously.
not even close to what I said. I said oil was fungible, and I said increased oil production in Venezuela may effect prices but not enough to keep them for drilling more.
I'm arguing if Venezuela used capital reinvestment their facilities would not have fallen into dispaire,
and their refineries would still be selling on the world market.
I have no idea what you are arguing as these conflict in your 1 post:
so why do you keep saying that increased production by Venezuela would reduce world oil prices, when oil is fungible?
You are arguing that Venez. caouldn't have pumped more because world oil prices would decline while at the same time saying "the global price per barrel didn't decline because of the state of Venezuela's oil production"
...it's your typical charlatan economics
just like TrumpLOL!
You don't explain because I've already explained it.
Why would you stop at just one additional ID? That's what I don't understand in all this. Why would you stop at just one? What would be the purpose?
I know you have at least 2 others, because you tried to do another one about 2-4 weeks after the 2018 election that posted in a flurry, but suddenly vanished.
those are capitalist economies.
Bullshit.
What you do is either create a new ID, or you try to retcon.
Like when you said ISIS was defeated...that's a perfect example of you employing these tactics to avoid admitting that you've been full of shit this entire time.
Now you're getting really sloppy, and that's because you're getting off-script thanks to me dragging you here.
Your weakness is your arrogance, and you show that weakness all the time here, but in particular when you switch between the myriad IDs you have that you use to lend yourself credibility you otherwise don't have.
You posture, you whine, you cry, but none of it is convincing.
All of it is simply masking a greater personal insecurity, or something nefarious about you as a person. Like, perhaps you're a paid propagandist or intelligence asset trying to work through potential propaganda before disseminating it across social media. Because I always find it a bit strange that the things Conservatives say here end up as junk on my Facebook feed about 24-72 hours later. That's suspicious to me.
ROFL..now you are completly delusional. I have 2 ID's
I never had more, I never changed them I only have 2 same IDs.
when I created noise everyone knew it was me because of my intelligent sourcing, and erudite style
and ability to pick apart specious argumentss like yours
I didn't even try to hide it -when questioned ( I think it was BAC) i owned up to it.
I couldn't hide another ID if I wanted too, and I dont/
last comment on this
ROFL..so now you not only Trump Derangement Syndrome (TDS) - you have manufactured delusions about myself as well!
It is exactly what you said, and you even appealed to the authority of two Op-Ed's to make your argument that had Venezuela simply invested their petro-dollars into their oil infrastructure instead of social programs, that the global price per barrel of oil wouldn't have dropped which would have prevented a drop in revenues.
That is what you are arguing here, and that is fucking stupid and wrong.
ROFL..I even gave you a MAP that showed ISIS no longer held any territory! LMAO
You don't understand terrorism and you don't understand the difference between an insurgency
and what ISIS had become! ( a state within a state) . Like I told you many times -post less and study more!
It's becoming clear that you're just making shit up as you go.
What happened in Venezuela is that the decline of oil prices led to a drop in revenues to the state, and the state had dwindling amounts of petro-dollars it could invest in itself, be it a social program or oil infrastructure.
But lost in this dumb argument is the simple fact that increasing oil production, which would have ostensibly been the result of investing in the infrastructure, would have only sped up the process of Venezuela's diminishing oil revenue returns because expanding production and exploration in an OPEC nation will result in an increase in the future supply and a subsequent decrease in the price per barrel.
You don't know what the fuck you're talking about, and it shows.
that's absurd. It goes against every statement I mentioned that included the word "fungible" -you do under stand what that means?
You are the one yammering about world prices. Not me.
I said the disrepair and the lack of expertise caused the production to rapidly collapse.
Now you are delusion/lying/incorrect as well as being a charlatan! seek help!
What a fucking idiot.
Because Venezuela is in OPEC you goddamn mouth-breather!
Anytime OPEC increases their supply, the price per barrel drops.
Wow.
It's like you know less than nothing.
ROFL now your back to arguing fungible pricing while blaming me for reliance on that canard for the collapse of Venezuela oil/society
enough..this is a waste of my time
If Venezuela increased output, it would further drive down the price per barrel. A lower price per barrel means lower revenues. Lower revenues means less to invest in infrastructure. However, investing in infrastructure would have the net effect of increased output which would drive down the price per barrel.
So there's no way to drill your way out of low energy prices, and new equipment and infrastructure doesn't change that one iota.
You don't seem to know what the fuck you're saying.
You say on the one hand that low oil prices are the result of Venezuela's sorry state of oil infrastructure, when the low oil prices have nothing to do with the level of disrepair of the infrastructure, but rather the output.
So if you improve the infrastructure, you are ostensibly improving the output.
So if you increase the output, you do what to the supply?
And if you increase the supply, you do what to the price?
I can't help it that you're faking your way through this debate, pal.
finally some hint of lucidity:
any small amount of price change by one OPEC country does not mean that one countries increased production means a net loss in revenues for that country..there are too many other countries contributing to supply.
further if other OPEC countries then increase production ( in tandem)yes - that creates a worldwide "glut"
and that can mean spiriling lower prices and lack or production due to lack of worldwide demand.
But that is not what happened here.
Venezuela didn't try to "increase production" -you are introducing a red herring.
Instead Venezuela could not keep up with existing production levels at their peak (when Chavez took power)
because their production facilities collapsed and they could not do further exploration because they lacked the expertise and equipment then fell into disrepair
Get off the world prices meme. you are pushing a red herring