Latest / Macroaggressions / #646: Rally Around the (False) Flag (Clip)

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#646: Rally Around the (False) Flag (Clip) · Macroaggressions

• 0:04
  I think we have been coming at this wrong.
• 0:08
  I mean, I think like the war is the end goal.
• 0:13
  No, the war is like the reaction.
• 0:17
  My fear is the solution
• 0:20
  because if the goal is to create energy lockdowns,
• 0:23
  we're gonna have real problems here
• 0:25
  because something has just,
• 0:27
  some things have been happening here.
• 0:28
  I mentioned that there,
• 0:30
  everybody's kind of renegotiating these deals
• 0:32
  and they're signing oil pipeline deals
• 0:35
  that Genie Energy was deeply involved in this in Israel.
• 0:39
  It's part of the reason why they wanted Gaza.
• 0:41
  There's a pipeline that's supposed to run through there
• 0:43
  that in the future they want that.
• 0:45
  But something else happened
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  that I think is worth mentioning.
• 0:48
  United Arab Emirates pulled out of OPEC Plus
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  and that is a huge deal
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  because they were like the number three producer there.
• 0:57
  I think a lot of people think UAE, Dubai, Abu Dhabi,
• 1:02
  they don't really know too much about,
• 1:03
  they produce a ton of oil and gas.
• 1:05
  I mean, I know that they produce some or a lot.
• 1:09
  I don't know if you know just how much,
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  a staggering amount.
• 1:13
  And the problem has been when you join OPEC,
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  which is a consortium of, it's cartel,
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  they set up the rules.
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  And part of what the rules are
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  is that you can't just produce as much gas as you want.
• 1:29
  They want you to produce a certain number of barrels.
• 1:31
  Let's just say it's,
• 1:33
  I think the numbers were like,
• 1:36
  UAE was allowed to produce 2.5 million barrels a day.
• 1:41
  But their capacity was like 4.5 million.
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  So what they're looking at every day is,
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  damn, we could be making so much more money
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  if we were allowed to.
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  It's not that we don't have the will
• 1:55
  or the ability to pull more oil and gas out and sell it.
• 2:00
  We can't.
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  We're legally bound by the terms of this OPEC structure
• 2:07
  that we just can't produce anymore.
• 2:09
  Now they've left.
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  And with that means that they're now no longer
• 2:15
  bound by OPEC rules.
• 2:17
  So they can produce as much as they want.
• 2:19
  Now, if they were to do that,
• 2:20
  if UAE were to crank everything up
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  and start producing more,
• 2:25
  there might not be as big,
• 2:27
  it might offset some of the potential energy crisis, right?
• 2:31
  But UAE is on fire, okay?
• 2:34
  And they've been getting their oil fields hit by missiles.
• 2:37
  So they're not in a position to really, right now,
• 2:41
  at least to increase capacity.
• 2:43
  But in the future, they may be able to, right?
• 2:46
  They will at least have the legal ability to do that.
• 2:49
  So I wonder if the real goal is energy lockdowns, right?
• 2:54
  Agenda 2030, it's coming.
• 2:56
  Like it's coming, we're three and a half years there, you know?
• 3:00
  Like it's not too far away.
• 3:02
  Hey, thanks for watching that clip.
• 3:03
  If you wanna watch the entire video,
• 3:05
  it is available as well or you can check it out
• 3:07
  as an audio podcast, wherever podcasts are served.
• 3:10
  Thanks a lot.