crazy3
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Jun 19, 2019 8:43 AM
crazy3
136607
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Fairdinkums
Pwnius
Only 12% of the USA's oil comes from the Persian Gulf. Most of it is from north/central america. This meme is a common misconception.
Pwnius
Sauce: https://www.npr.org/2012/04/11/150444802/where-does-america-get-oil-you-may-be-surprised
g4rF
[cough cough]VENEZUELA ![cough cough]
humptyblargh
Iran. Iraq. Venezuela. Russia. Mexico. This is relevant to maybe Canada.
KronaSamu
And Saudi Arabia
humptyblargh
Canada is like a loved and forgiven [they burned the White House!] relative. Saudi is like a friendly store clerk we barely remember.
KronaSamu
Heeeyyyy youuu! So you want some weapons!
iamthemadz
That's pretty interesting... Considering most of our oil comes from our own soil.
LikeTotallyNotTheNSA
Jenny Slate
Sunseteclipse
Almost married Chris Evans
justover9000
I love you, until you stop playing along... then I will hate you.
Phaggotboy
That's the case with every country lmao. Start breaking the global ruleset and people start to hate you
Memeeater
? Well yeah, but someone hating me for not selling the oil is fine, replacing a democratically elected secular leader with an Islamist backe
Memeeater
Theocratic leader
HighFunctioningAlcoholic
I mean, Venezuela has the most oil reserves in the world, but I'm down to lube up for the circle jerk.
GCRust
Last I checked, Venezuela's having issues just feeding its people (While Maduro continues to gain weight). They can't eat Oil.
VultureTX
that is the joy of capitalism, you trade what you have surplus of for something you need and the market sets the price.
TheFragnatic
Early capitalism yea, but when single corporations have more money and power than nations, they set the terms and price, aka late capitalism
VultureTX
yet we are talking oil and no single corporation sets that price.
KronaSamu
Well you can, just not for long
GCRust
No, they literally can't. Venezuela's new crypto currency is backed by their oil reserves.
KronaSamu
The forbidden chocolate syrup
Innoculo
Did you know the US is the worlds biggest oil producer?
FubarJunkie
I’ve learned something over the past 30 years since I became politically aware, it is basic, just follow the money!
lurch2014
Except if you're Iran
BQZip
Uh...we are an oil EXPORTER...
Johnkills
Moneeee pweaseee
cwbyboots
John Ralphio and Mona Lisa were terrible but funny characters, I thought at least.
KrisPhoenix
Crap, we just found here oil in Hungary... welp, at least we'll be getting some democracy.
barrrf
Maybe, juuuuuuuuuuuuuuuuuuuust maybe, foreign relations includes other things besides oil?
Memeeater
Well, oil is part of a holistic approach to seeing who to invade and such
Memeeater
Seriously though, if a country's main income or export is is oil, and in terms of exporting other goods or services doesnt have much to
Memeeater
Offer, your relation with them will mainly revolve around their oil
SlobberToilet
US is now an oil exporter. It’s really mostly Europe now that depends on Middle East oil.
CaptainxHindsight
Minus venazuela
nppraxis
Pattern doesn't check out. Norway, Venezuela, Saudi Arabia, Iraq, and Iran are all oil producing countries and get very different responses
evilcarp
We don't profit from Iranian oil. Removing it from the market increases our profit. Its a global market.
Miiketolentino
ahh Norway:)
cancerriddenlung
Blank1612
My phone won't load the picture but I'm just assuming it's the leaked video from that bomber plane killing innocent people
Perkunas687
MiguelConQueso
Funny how when you wage war on a concept or thing, like terrorism and drugs, it seems to never end... some 1984 nonsense right there
chumster
Careful, you're starting to sound like you've got untapped oil reserves...
FubarJunkie
Screwing for virginity, and conquering for peace.
MaCro1
Careful big brother is listening
Cthulhunow
America 50/50 good guys and bad guys
SomethingCleverAndShit
Rest of the world 100/100 pussies.
gtsr
not ALL the rest
SomethingCleverAndShit
Yes, Obama was a pussy.
gtsr
that's not why I posted it (next time I'll edit Obama out)
ElZaghal
AmericanAdvocate
gtsr
also this country:
Dongmastersven
Oh look, it’s a true american.
TheGhostofKennyRogers
Amen.
JupitersWitch
In denial is more like it. The EU is trying so hard to be the US, even creating a single currency and treating country’s like states.
Anatoos
I don't get how a coalition of separate cultures & languages with different governments is the same as a single-president pangea but okay.
JupitersWitch
The EU has been open about creating a Federal government for a long time.
sumowoman
Yeah, imagine separate states that used to go to war against each other creating a single market and reaping the benefits of that.How silly!
HonestBendersOrphanarium
Is that you Boris?
JupitersWitch
Imagine millions of people not being okay with that and the government ignoring their opinion to increase their bottom line.
Jswizzlenizzle
Canada 40%. Saudia 11%. Venezuela 9%. Mexico 8%. Columbia 4%. Also, they US is believed to make 7% of its own and the rest are smaller areas
Jswizzlenizzle
Also, we get our oil from Iraq through OPEC. We didnt go to war for it.
evilcarp
We went to war to remove it from the market. Remember the $5 a gallon gas? US corps make the profit off that. Iraq was dumping cheap oil.
JasonDoodle
I love that trainwreck.
trigger60
The sad thing is the US has enough oil to not need any from other countries. We don’t need them but yet here we are....
MrDeadsr
Its not about the US needing it, its about companys wanting it so they can sell it.
zombiejedediah
Ah, but there's no such thing as "enough money". Ever.
LordKingSalmon
I listened to an interview on someone who works oil. They were talking about how a while back they thought the U.S. was about to run out
LordKingSalmon
of oil, but then they found new technology for working in shale, and found huge reserves in Texas.
DavidBrooker
US reserves grew from ~25 billion barrels to ~35 billion between 2010 and 2015, with new fields discovered, and new technologies. 1/2
DavidBrooker
However, that's still a 30% decline, overall, since the 1970s when Prudhoe Bay was discovered, and at current US production levels, 2/3
DavidBrooker
represents less than a decade of supply. Something will need to change quite soon. 3/3
DavidBrooker
Define 'has enough'. The US has capacity to produce all of its own oil needs. However, it's 20 million barrel a day consumption would 1/2
DavidBrooker
consume its entire 35 billion barrel proven reserves in five years. As consumption continues, prices rise, and a larger body of proven 2/3
DavidBrooker
reserves open (as proven reserves are defined by 'economically recoverable' oil). But you may see that this is not entirely favorable. 3/3
hokeyreligions
Maybe, it's better for us to drain them first, then use our own?
SirLyonhart
That's the plan. Use up theirs while we can buy it. Reserve ours for the bad times.
TheAnswerWasAlwaysMoreLube
The really sad thing is that the oil is doing irreversible damage to our environment, and we should be more focused on phasing it out.
VultureTX
it's not irreversible on a geologic scale. And even Bill Gates said total renewable power won't solve emissions.
GCRust
I'll give you millions of dollars to not.
TheAnswerWasAlwaysMoreLube
I heard someone describe climate gas emission as "Finding millions of years of bottled farts, then popping the cork in an elevator"
Titsonthewing
Imagine if the biggest customer of a lil shop just stopped buying. Imagine the stability....of said shop.
1Plebian
We do *now*.
RoughToiletPaper
Money please...!
FrankPembleton
I never thought I could hate any characters more than Daphne's family on Frasier but these two fucks. And tom
TheGhostofKennyRogers
Pwease*
FlyYouFLCL
*Asking for more Money Pwease Intensifies*
goflyblind
Bukkhockey
Don't be suspicious, no don't be suspicious
goflyblind
time to start a casino in tajikistan!
Bukkhockey
Tajiiiiikasanananananananananan
itshammertime66
ParadoxicalSheep
I give this actor some real credit. I HATED his character on Parks and Rec, solo cringey
Asmor
I loved him. Hated his sister, but I loved Jean-Ralphio. That thing where he acts like he's whispering but sings aloud gets me every time.
Noob3rts
That's the merit of a solid actor. If you can feel your emotions going wild, positive or negative, that's solid acting.
gigglefitsmcgee9000
He's the voice of live action Sonic, so prepare to cringe again
samuraiyu
Well he was the voice of BB-8 also apparently.
chaseNC
I thought that was Bill Hader?
ath1337e
We'll see. In parks and rec he was supposed to be cringey. He played his role well. Maybe he'll do the same for sonic.
OneCoolFrood
But if Sonic isn't supposed to be cringey but totally is, where does that leave the voice actor?
pareidoliaperson
Who else has a crush on her? https://imgur.com/sqAu3gh
KellyH77
I'd shove it up her
BaxterBriggs
Lol sex with you must be fun
K2theAisle
I mean you have to be attractive to date Captain America right?
CarlottaVonSprockett
I think they’re referring to the movie “Gifted,” but maybe they date IRL too?
K2theAisle
The did date IRL for a bit also.
goflyblind
LoTRFanatic42
"You're in eighth grade? I thought you were somebody's mom."
FrankPembleton
congrats, you are tom
JasonDoodle
me
StealthCow
Except Iran.
unpunnyfuns
And Norway
Phaggotboy
Or Iraq or Burma
MojoJojoAnnaBanana
And Brunei
tonx916
zombiejedediah
And Iraq
littlegingerone
And Sudan
bleblebla
And Russia
khora
it's complicated
kohrah
is this thread the Yakko's all countries song again
ElZaghal
except the usa themselves
slapdashery77
For now.
YouGotBird
Except saudi arabia
SarcasticComment
Trump commented that he cares more about military contracts with Saudi Arabia than embassy murders.
ImperialPlanetologistOfDune
And Venezuela.
Densteef
Maduro ftw
AntiProtonBoy
That’s kinda not in the middle east.
[deleted]
[deleted]
JupitersWitch
Everything depends on how you look at it but there’s no disproving the fact that communism is a menace.
Bokse
Nah
Retromorphic
No disproving the fact that American foreign policy is a menace either. At this point you guys might as well be fascist invaders
JupitersWitch
Non sequitur.
CurlySwede
I wouldn't disagree, I would say that any true ideology is a menace. You need parts of each to function in the real world.
Retromorphic
What has Venezuela ever done to you? Leave people alone for once in your fucking existence
CommunCreator
If by leaving them alone you mean not buying their oil, we’re doing that.
Retromorphic
That's totally fine just don't steal their oil
CommunCreator
Given that oil sales are a huge portion of their national economy and the US the largest potential customer, it’s kinda NOT fine for them.
MultiplePersonalitiesProfile
Sure, go on convincing yourself that Iran is that much worse than every other country around it.
Somerichdude
Since Iran is the biggest funder of world terror groups, I'm gonna go ahead and say fuck Iran.
MultiplePersonalitiesProfile
Says who? The same people who cried wmds on Iraq?
Somerichdude
The people who said there were wmds was all the Western countries intelligence community in '03. May have to do with Saddam saying he did.>
Somerichdude
But yeah the new state department said it, I really don't think Trump wants a war with his election coming.
HorusDidNothingWrong
Yes because when I think happy peaceful countries who didnt do nuffin, Iran is at the top
MultiplePersonalitiesProfile
Not at all. Just because it’s not nice doesn’t an it’s the devils nation and you know it. Don’t be dishonest.
JupitersWitch
It doesn’t excuse how their leaders treat their people. Whataboutism only causes people to look the other way.
MultiplePersonalitiesProfile
No it doesn’t excuse their leaders. Neither does it excuse America’s treatment of the country. Saying war is not justified is 1/
MultiplePersonalitiesProfile
different from saying Iran’s leaders are nice and caring. 2/2
JupitersWitch
Iranian officials do not care about caring or checks and balances. They will continue to cause their people great suffering regardless.
incorrectgamertag
No, no, they're innocent in all this. That's what the media keeps telling me. Orange man bad. He needs to leave them alone /s
BriefausdemGeist
Bolton more than Ignoramus
EdwardStarsmith
Bolton has no business being in any position of authority and anyone who puts him in one is telling me they are an idiot.
NoOneKnowsImLying
Roose was a good lord though, the Red Wedding was inevitable and he just wanted to end the war.
PotooGeatAndWise
It's like complex problems require complex solutions and the OrangeMan is a pigeon trying to play chess.
Himser
Chess, he thinks hes playing snakes and ladders and everyone else is playing chess.
TrappedInABubbleGumFactory
Is that the Slytherin version of the original Muggle game?
popejubal
Orange man bad. Iran regime bad. Orange man trying to replace Iran regime even worse.
Memeeater
Tbf I blame the US and UK for the current regime. Change my mind, online geopolitical discussion edition
popejubal
1/ I don't think you're wrong since there could have been a better current regime if we hadn't propped up the Shah. Trying to replace it now
popejubal
2/2 would be an even bigger clusterfuck, though.
incorrectgamertag
I wish we could, that would be a good discussion. You're probably at least partially right in that statement to.
lawideas
Yeah, the US is the only country that does nasty stuff to maintain critical resources. Just us. No one else does that.
TheFragnatic
It certainly ain't, but it is the worlds most powerful nation, in influence, economy and military might. They SHOULD be held to the highest
TheFragnatic
standard. Not saying we should ignore the rest at all, but saying other countries are worse doesn't matter.
morphoyle
Everyone should be held to the same standards. You don't get a break on bad behavior just because you are smaller or less successful.
ThorinNL
But we will throw your regime out anyway and install our own m/puppets. Because we want control over everything.
jekath
I'm pretty sure Norway has their own government. I mean; the US has done questionable things, but lets not get carried away.
openbobspls
US has little to no control over the oil market.
fracitimout
The 2012 oil downturn proved we have a lot of control. OPEC tried to flood the market to kill US shale oil. US is now biggest oil producer
1Plebian
It's not like it didn't work, oil production dropped heavily, and slowly worked its way back.
fracitimout
The goal was kill US shale. That failed. Bad operators went out of business but good ones dropped their break even cost and are better now
fracitimout
Than they were before. SWN in Texas needs a $20 a barrel price in order to make money now. They used to need 50-60. OPEC has lost a lot of
Kukiniloa
FYI, the USA is the world's largest oil producer
nerdtypething
yeah but why stop when you can get even more?
Phaggotboy
And? OPEC is more important than the US
LurkerMcLurkface
Petrodollar is a thing and gives them some power in that market.
Klingon00
We don’t even buy much of Iraqi oil. Most of that goes to China.
Wafosh
duhhh if you steal something then its not buying....
Phaggotboy
What? The US didn't steal Iraqis oil lmao
Wafosh
no, sorry they just plunderd it straight up
1Plebian
I'm pretty sure that guy gets his politics from memes and college students.
SCP1504
Sad thing is, we get more oil from Canada than we do the Middle East...
Whatsname
and at a huge discount!
Schmerbie
We are more energy independent now then we've been since like the 50s. This is a very good thing
barnwolf
WW2 Japan: "I want to have oil Independence!"
TheRockDude
you mean the "security threat" we put steel tariffs on?
smileyvstheworld
Everyone always says it’s about oil, but it’s really about the metric fuckton of military might the AP allows us to keep in their countries
evilcarp
Its about the price of oil. Remember the almost $5 a gallon gas after we took Iraq's oil off the market? Guess who pocketed that money?
KronaSamu
Middle east is less than 20% of us oil imports.
JayEnfield
https://upload.wikimedia.org/wikipedia/commons/6/67/U.S._oil_Imports_by_Country_of_Origin.png
evilcarp
US corporations still profit from that oil. Reducing the supply or cost of oil US corps don't profit from increases US corps profits.
Heeeyyooouuuguuuyyys
Even sadder is how parts of Canada protest against Alberta oil and building pipelines, and would rather use opec oil
DaveTheScientist
It is. Most of those groups get funded from US oil companies, keeps the cost of Canadian oil down.
JAC0BY
Most of the oil from the middle east goes to Europe
Bluebagger126
And Asia.
symphony99
And Japan
JupitersWitch
Thanks to the infrastructure paid for by the Bank of England and defended mainly by the US. People balk at industrialization on their phone.
Santorrr
Which is how the USA fucks up our economies by proxy.
TheFragnatic
If you mean Europe no, this is the reason Europe is hesitant to condemn saudi and the likes. USA may be the main actor right now, but half
TheFragnatic
of Europe has their hands in this cookie jar.
gtsr
That's why the Ukraine affair broke when Europe got too close to Russia and its oil.
JupitersWitch
The hands that people ignore. Oust England on Imgur and all the loyalists come to their defense even though England has been the 1/
TinFoilKat
That’s not a sad thing, it’s a good thing. No war involved and both countries benefit.
Whatsname
You're so cute, oblivious of how low Canada sell its oil to the USA thanks to the "tree huggers" paid by American Interests. So cute!
JupitersWitch
Canada is buy oil from another country instead of investing in it’s own industry thanks to tree huggers.
JupitersWitch
*buying
DaveTheScientist
Ha. Canada gets hosed, big time. We badly need to open up to other markets so we get what our oil is actually worth.
JupitersWitch
Canada needs the pipeline and people to quit protesting against drilling and refineries as well as a strong leader.
yowalkonthefaceofshreck
We are getting a pipeline so the us can screw us over more and we need a leader who can actually solve issues. Strong leaders are there to
yowalkonthefaceofshreck
Won votes and get elected for their sponsors, we need a competant leader.
DaveTheScientist
Yup, and yup. We need several more pipelines, as they're just the best way to move oil.
1Plebian
I'm not sure if you're being sarcastic
MattTheImperialRadarTechnician
And the canadians get screwed on the deal since the US buys it at a discount of what it would be worth on the global market.
barbarian818
The same is true of most of the power generated at Niagara Falls and a few damns in Quebec. Due largely to int'l agreements that locked in
barbarian818
rates. So the US is still largely paying historical pricing. As a Canadian, I don't have a problem with this. You always give discounts to
barbarian818
long term bulk customers. Besides, they helped pay for some of the infrastructure, especially at the Falls.
JupitersWitch
They would have been less screwed if not for the Keystone pipeline fallout. Getting them off Saudi oil improves their economy.
JayEnfield
Them's the breaks of a monopsony. Which is indeed a word.
Robvp
Thanks, I just learned a new word
Lexgeddon
"monopsony: A market in which there is only one buyer." I'll be damned. And even imgur's spell-check thinks it's fake.
Kavic
Ah yes. Monopsony, the monopoly game by sony.
PaintYourWagon
Thanks for this, now I can look really smart when I start haggling prices with the kids who set up that lemonade stand next door!
MattTheImperialRadarTechnician
Well, TMX just got approved, so things may change.
JayEnfield
Oh, that cluster ain't done fucking.
SolictedDickPicsUponRequest
Did you discover this word thru an article about a female would-be economist who wrote the book before grad school? That’s where I saw it
SolictedDickPicsUponRequest
Source: https://www.npr.org/sections/money/2019/06/18/733510647/apples-buying-power-and-the-woman-who-named-it
JayEnfield
I discovered this word through getting an economics degree. ;)
SolictedDickPicsUponRequest
Very awesome!