Because of the trade tensions, China has stopped buying U.S. crude oil: world-news-monitor.com
China stops buying crude oil from the U.S
Jack Robinson
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Lincoln Thomas
INB4 obligatory "how do I profit from this" from some Jow Forums brainlet
Andrew Brooks
Cutting off their nose to spite their face.
Soon US won’t just be the biggest supplier, they’ll be the only stable/trustworthy provider on the globe.
If anything this shows how desperate they are in a fight with the west.
Also possible they can’t pay for it because they’re broke and using this as a smokescreen.
Bullish for USD if anything.
Adrian Anderson
Good. Now they buy from Venezuela, which U.S. stopped buying from.
Christopher Walker
and the market rejoices
Aiden Cook
China stopped buying US crude since the beginning of the trade war
Angel Clark
It's getting more and more clear by the week that the US can go fuck itself in terms of global politics.
Owen Allen
Get a load of the dumb fucking faggot who hasn't seen a Peter Zeihan lecture.
Henry Scott
unless China actually succeeds in breaking the petro dollar.
alot of places are going green. what happens when the global demand for oil is only from 3rd world shitholes?
Nathaniel Moore
>China just buys Russian Oil and pays in Gold
Mutts BTFO
Isaiah Lopez
Isn't their crude of such low quality you must mix it with US ultralight to make it usable?
Nathaniel Sullivan
this
Its not your 100k Teslas that are catalysts in the struggle against oil, its massive fleet of Chinese electrified public transport. Read up on this:
businessinsider.my
Nolan Clark
WEAKENS DOLLAR MEANS DOLLAR INFLATES MEANS BITCOINS GOES UP. CAP THIS. IM A GENIUS.
Bentley Johnson
interesting as fuck thanks
Jason Watson
I wonder which country will have the finest green tech
Parker Peterson
Didn't the petro yaun miss its target market share by several trillion dollars? It will never amount to shit. And why is China defaulting at unprecedented rates lately on corporate debt? Not good....
Evan Gutierrez
Why pay your debts to the people you're going to war against?
Luis Lee
based Zeihan disciple
Luis Brown
>imagine becoming a superpower by just stealing shit from other people
well, we know it will be designed by the US and Europe
Aiden Butler
>what are shale decline curves
Lucas Jackson
Thank you for visiting r/investing
Gabriel Johnson
China is collapsing lmao poor fags can't afford the superior American crude
Samuel Allen
>he doesn't know that wind energy is kicking oil and coal in the genitals cost wise
America gonna get rekt
Europe is fucked if fissile material dries up
William Howard
how does this tie into the situation currently going on in Houston? national guard called in after benzene release in the air and fire re-igniting. not sure of current status, but I had heard that area is responsible for a large amount of gasoline refining out of the total supply. could this be more than an accident?
Connor Cooper
>Europe
By then germany will be net exporter of renewable energies to the rest who didnt do it yet
Josiah Long
China doesn't care about usd backed oil. They mainly depend on Russia and Iran. Pakistan is their future goal to move majority of their trade through the Indian Ocean avoiding the South China Sea.
Levi Hernandez
Our leaders are limp dicked faggots that are letting them get away with it while they are allowed to sell their products to multinational corporations. You can't sell to China but they can sell and steal from you.
These large multinational corporations need to get chopped down. Zero percent tax rate for corporations with annual income less then $500million. Fuck multinationals that literally write laws our nation passes. They have more power then entire nations while being immune to a complete accountability investigation.
Oliver Foster
>(((zeihan)))
Yea im sure americas foreign policy has nothing to with a certain minority lobby