THE INTERNATIONAL FORECASTER editor Bob Chapman writes: We find it of special interest that George and the neocons do not get bent out of shape as Paul Martin, Canada’s PM, returns from China with an agreement to cooperate in a wide variety of energy projects, including plans for a pipeline and ports that would allow oil from Alberta’s tar sands to move to Canada’s west coast for export to China, rather than the US.
If you notice this information failed to appear in the US media.
China will invest $100 billion in a series of energy deals to extend its influence. Four hundred million will be spent in Venezuela in the oil and gas industry. President Chavez has suspended the operations of Conoco Phillips, Harvest Oil and Chevron Texaco. That is a little payback for the antics of the CIA and George and the elitists.
Russia is supplying two-thirds of Europe’s gas, which makes up 62% of their energy consumptions. Germany gets 35% of its oil and 40% of its gas from Russia and that is increasing every day. Russia agreed to Japan’s financing for an $18 billion oil pipeline from eastern Siberia. After having put up $6 billion China has bought a piece of what was Yukos. The US was frozen out of the deal due to their arrogant attitude toward Russia, the US invasion of Iraq and Afghanistan at Russia’s backdoor, and interference in the recent election in Ukraine. Due to dreadful US foreign policy by US elitists, they will now have to share the oil production of Canada and Venezuela with China.
This is one of the biggest screw-ups of all time and American citizens are going to pay for it dearly with a lower standard of living. We see plenty of trouble ahead as Russia, China, Iran, India, Brazil and Venezuela band together.