China / Taiwan and our strategic oil reserves

[TonyF]

https://twitter.com/GordonGChang/sta...C-reH8wrIqAAAA

Ominous: #China is sanctions-proofing its officials by forcing them to divest foreign assets. The #CCP leadership is preparing to go to war.

Gordon Chang is a preeminent SME (subject matter expert) on China. He says the Chinese are beginning to "sanction-proof" their senior leadership. His opinion is that this effort by the PRC is most likely a prelude to military action against Taiwan after seeing the unexpected unity among NATO and Western Europe in the wake of the Russian invasion of Ukraine. This is indeed ominous.

Also,

Mr. Phil Flynn, Senior Account Executive, Author of The Energy Report, is one of the world’s leading energy market analysts ...

https://blog.pricegroup.com/2022/05/...rt-05-20-2022/


They Are Buying as Biden is Selling Out. The Energy Report 05/20/2022
By Phil Flynn On May 20, 2022 - 9:12 AM · In Market Commentaries, Phil Flynn Energy Report

U.S. oil is on sale to the world. Joe Biden has been selling out our Strategic Petroleum Reserve at a record pace and China and Europe are buying. U.S. SPR reserves are at the lowest level since 1987 and it appears that not only is the bulk of our oil reserve going to Europe, some will go the China to refill their coffers. Yet what China is really going to start buying is cheap Russian crude. Bloomberg News reported that China is seeking to replenish its strategic crude stockpiles with cheap Russian oil, a sign Beijing is strengthening its energy ties with Moscow just as Europe works toward banning imports due to the war in Ukraine. Details on volumes or terms of a potential deal haven’t been decided yet, and there’s no guarantee an agreement will be concluded, said one person.

[GOYABEAN]

https://twitter.com/GordonGChang/sta...C-reH8wrIqAAAA

Ominous: #China is sanctions-proofing its officials by forcing them to divest foreign assets. The #CCP leadership is preparing to go to war.

Gordon Chang is a preeminent SME (subject matter expert) on China. He says the Chinese are beginning to "sanction-proof" their senior leadership. His opinion is that this effort by the PRC is most likely a prelude to military action against Taiwan after seeing the unexpected unity among NATO and Western Europe in the wake of the Russian invasion of Ukraine. This is indeed ominous.

Also,

Mr. Phil Flynn, Senior Account Executive, Author of The Energy Report, is one of the world’s leading energy market analysts ...

https://blog.pricegroup.com/2022/05/...rt-05-20-2022/


They Are Buying as Biden is Selling Out. The Energy Report 05/20/2022
By Phil Flynn On May 20, 2022 - 9:12 AM · In Market Commentaries, Phil Flynn Energy Report

U.S. oil is on sale to the world. Joe Biden has been selling out our Strategic Petroleum Reserve at a record pace and China and Europe are buying. U.S. SPR reserves are at the lowest level since 1987 and it appears that not only is the bulk of our oil reserve going to Europe, some will go the China to refill their coffers. Yet what China is really going to start buying is cheap Russian crude. Bloomberg News reported that China is seeking to replenish its strategic crude stockpiles with cheap Russian oil, a sign Beijing is strengthening its energy ties with Moscow just as Europe works toward banning imports due to the war in Ukraine. Details on volumes or terms of a potential deal haven’t been decided yet, and there’s no guarantee an agreement will be concluded, said one person.

😠He's determined to cripple our country at any cost!

[Emptymag]

I have my yard sign ready to solve any conflict that may come our way.

[Defender]

https://twitter.com/GordonGChang/sta...C-reH8wrIqAAAA

Ominous: #China is sanctions-proofing its officials by forcing them to divest foreign assets. The #CCP leadership is preparing to go to war.

Gordon Chang is a preeminent SME (subject matter expert) on China. He says the Chinese are beginning to "sanction-proof" their senior leadership. His opinion is that this effort by the PRC is most likely a prelude to military action against Taiwan after seeing the unexpected unity among NATO and Western Europe in the wake of the Russian invasion of Ukraine. This is indeed ominous.

Also,

Mr. Phil Flynn, Senior Account Executive, Author of The Energy Report, is one of the world*s leading energy market analysts ...

https://blog.pricegroup.com/2022/05/...rt-05-20-2022/


They Are Buying as Biden is Selling Out. The Energy Report 05/20/2022
By Phil Flynn On May 20, 2022 - 9:12 AM · In Market Commentaries, Phil Flynn Energy Report

U.S. oil is on sale to the world. Joe Biden has been selling out our Strategic Petroleum Reserve at a record pace and China and Europe are buying. U.S. SPR reserves are at the lowest level since 1987 and it appears that not only is the bulk of our oil reserve going to Europe, some will go the China to refill their coffers. Yet what China is really going to start buying is cheap Russian crude. Bloomberg News reported that China is seeking to replenish its strategic crude stockpiles with cheap Russian oil, a sign Beijing is strengthening its energy ties with Moscow just as Europe works toward banning imports due to the war in Ukraine. Details on volumes or terms of a potential deal haven*t been decided yet, and there*s no guarantee an agreement will be concluded, said one person.

When war comes we won't have any oil or diesel in our strategic reserves. (Yes, Biden is thinking of raiding the diesel reserve now too).