President Biden has vowed consequences for Saudi Arabia and OPEC plus for cutting oil production. However, if the United States really goes ahead and punishes the Saudis, this could backfire badly and hurt the US itself. We are talking about a potential end to the Petrodollar and America’s hegemony. Here’s what you must know!
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Timestamps & Chapters:
0:00 America Wants Payback
2:07 The NOPEC Bill Is Dangerous
4:24 Will Draining The SPR Work?
6:15 Making Friends With Venezuela
7:36 The US Is Taking A Big Risk
10:50 No Way Out?
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49 Comments
US energy policy is now caught between devil and deep sea
Sean, you are just marvelous. Thank you. π
Seems like yet another person F's with a Byden…..
But think about this, the fed is increasing interest rates to drive down oil prices, despite their stated policy of reducing fossil fuel usage. OPEC + reduces production, which will drive up oil prices, reducing consumption, thus realising USA energy policy. So what's the problem, AOC should be orally pleasuring MBC for the help, given his preference for goats, a donkey should suffice.
Biden is a curse for world economy. There is nothing wrong in maintaining a good relationship with Russia
Thats crazy, how come every country has to obey US, otherwise, they will get sanction
It's unbelievable that Biden is going to end up in the history books as the greatest USA president whom subdued Russia, China, and OPEC within 1 term of presidency. His administration is doing one hell of a heavy lifting!
Sean Foo " An amazing mind " and you can become smarter !!! don't be a ordinary FOO "' So come join the >> π£ ""π ππ ππππ"" π₯
The US expects every country on earth to just surrender and give them anything they want without anything in return even if that's the case
The reason they are butthurt is because we refused to be a pawn in their elections they are only mad because we didn't bend the knee and delay the cuts by a month just in time for elections and this is what they were saying about trump having foreign intervention from russia in the US election to make him look good it's just democRATS being salty the prices didn't go above 100 or even reach 120 it was just OPEC responding to the market not having too many demand for oil
US keep punish it self ππ
This is actually Saudi Arabia doing a regime change in the US by making it utterly impossible for Biden (or any Democrat hostile to Saudi interest) win 2024 π
Thank you Sean. I can see the western world fighting itself and anti American sentiment growing. Russia and China just have to wait it out and let the west fragment and break.
USA has gas and oil. Attack them and no oil for others. Stupid.
new petro dollar will be YUAN
When US leaves, China will be happy to fill in the void. As US rolls, they are gathering anti-US mosses.
OPEC+ can just tag on a % tax for sale of oil in USD to pay for US sanctions.
it is the best interest to cooperate with Russia and China; dumping the dollar's hegemony.
Saudi has their wealth so if some people hungery the hunger should teach them how to be diplomatic and follow Saudi interests you can't just take things that is not yours depend on yourself not other nations resources this how we all watching happening today and is very simple answer
"you cannot burn interest rates to keep warm" ….I really liked that line…
Its all talk..
Dont fall for the tough talk from incompetent weaklings.
The only thing Joe Biden can do is to go back to begging Venezuela…. Once again!
US Coward!!!
Threatening N……
Dont Work
Always Hitting Its Own
STINK FOOT!!!!
Saudi Dedollarisation!!!!
RUSSIA N CHINA AROUND
NO PROBLEM
It was decided prior to covid that replica party will destroy American hegemony to play in the hands of WEF ,the NWO….but fortunately the deep state is also in shatters as the countries don't want their dependency on Central banks and IMF
Thanks so much. I learn alot listening to you π
I think US will send their missiles to Yaman
You know your stuff. America has put itself between a rock and bigger rock . The chickens are rushing home to roost.
Bye bye dollar
At this moment, any aggressive move by the US toward any country will hurt themselves more. America is not as strong as they are before. With America current inflation rate, sanctions is not an option
If they start threatening Saudi Arabia Saudi Arabia will start unloading American dollars in fear of sanctions and stop taking American dollars now the US is in really big trouble.
Usa is pure world tyranny and is ruled by idiocrats.
kangaroo laws from amerikaaaaa
The U.S has become straight up gangsters, seizing countries money like they did with Russia, There is no more rules of laws, every countries should be very careful and don t trust the U.S
Very informative.
My man !!! you are very very good at this "Economics and Foreign policy" issues .. im keep saying it, the reason why Japan is being an obidient dog to the US is because of the amount of US bonds they own… if War is the only way for them not to lose more than $1 trillion, then WAR it is
The US will orchestrate a coup in Saudi and overthrow MBS, and replace him with their favourite ally Mohammed Bin Nayef. The whole military of Saudi Arabia is US armed and managed. They are very much a protectorate and at the mercy of the US. All Gulf country currencies are pegged to the dollar.
This is simply an act of bullying no more no less, if if I need one cooperate with such bully they can't have a peaceful life.
Be strong Saudi and Opec +.
Great video! What if the Saudis turn around and refuse to accept USD for any petrol sales to "punish" USA back? I hope our Singapore govt is actively getting rid of those US bonds now.
Venezuela has a choice to sell oil or bankrupt the United States they will bankrupt the United States and get rid of the monster once and for all. They're not that stupid to go for helping the United States knowing that the US will come back and kill them
US restricts its own oil production and wants OPEC to increase it to benefit US.
US can invade and occipy Saudi like Iraq under the disguise of democracy or WMD
Hallelujah, Saudi can finally rid themselves of the yankees from their soil. The yankee ship is a sinking one and it's time to jump ship and abandon the sinking titanic. Too late and you will die with it when other ships have sailed away.
Biden believes he & America, can do no wrong! Everything Biden has done had taken the US further down the toilet. So what can Biden do to improve the situation? Nothing!
US will pay the price of Ukraine war
Bruh i think this bernie sanders guy is more corrupt than anyone. Look at how pro deep state and authoritarian guy has become. What a crook.
Typical USA extortion. It happened all te time, even before birth. A Cowboy gangster country, all armed bandits under the blessing of the Holly Cross. Typical USA Hypocrisy.
Biden asked the Saudis to postpone the oil reduction until after the mid terms. What does that say?
Biden will not care if Venezuela does not abide by his demands as long as gas prices come down before the mid-terms!
The irony of Biden cancelling the Keystone pipeline for climate and environmental reasons then lifting sanctions on a dictatorship in order to import more of its PDVSA oil (the company that seems to have a massive oil leak into the ocean every other year).
If you tried to punish other countries it would backfire spectacularly. Saudi would drop the USD as the sole currency for its oil trade and the usd would collapse ( because the world would stop piggybacking the USD).