As a heavy oil expert, with 18 patents in heavy oil production technology development and optimizations, and prior experience as a senior technical SME at a supermajor U.S. oil company that Venezuela still owes money to….I wanted to correct some of the misguided takes circulating on X.
While Venezuela has the world's largest oil reserves, those figures do not translate directly into immediate production flow rates or rapid incremental increases, which demand substantial time and investment.
With the next budget season not arriving until Q3, U.S. producers are currently committed to ongoing projects and contractual obligations. Venezuela's oil faces uniquely difficult geology, low ultimate recovery rates, and severe infrastructure deficits. From my work alongside Venezuelans who actually operated projects there, many cited rampant corruption and logistical nightmares as reasons they left the country. At current oil prices, the massive capital required for meaningful production growth simply isn't justified—one leading expert and good friend, estimates it would take at least 3 years to double output, adding about 1 million bbl/d… so not by next week….Unlike Canada, Venezuela has zero SAGD projects ZERO !!; any greenfield heavy oil development there would require at least $30,000 per flowing barrel, meaning roughly $1 billion!! for every 30,000 bbl/d increment achievable in perhaps three years. They mainly produce cold production, which is cheaper I’ll admit!! But with slower flow rates and rely on diluents and polymers which are enhanced recoveries ( EOR) that require capital and supply of these chemicals and infrastructure… more money. Finally, people seem to overlook the U.S. Midwest (PADD 2), which already processes around 4 million bbl/d of crude, predominantly from Canada ( see pic specifically on 🇨🇦) Venezuela lacks the logistical or practical means to displace that supply. Hope this clarifies things for everyone and helps the understanding of this volatile situation. Thx 🫡🪒
My Endless Rant About Mortgage Renewals: Getting A Lower Rate Is EASY
I have to keep shouting about this stuff constantly
60 days before your Renewal just make a few calls
Visit a website like https://t.co/5VIqjYGbjt just knowing current rates will get you a better deal
Neuroscientist Christof Koch explains how the ego and self centeredness are central to consciousness but that detaching from the self in Flow States or (in safe contexts) psychedelics, can allow temporary ego dissolution and profound experiences… but we inevitably return to ego.
NEW: Alberta will be the first province to add a Canadian citizenship marker to driver’s licences and ID cards, strengthening Alberta’s election system and protecting the integrity of our democratic process by ensuring that only eligible citizens cast ballots.
This change will also give Canadian citizens in Alberta a single, secure card to access programs and services more conveniently.
This was my first podcast interview post-last week's shocking assassination of a political moderate in the US.
Thank you for having me on, @natbrunell, and thank you for another terrific conversation.
Why Does EVERYTHING Take So Long To Get To Completion In Canada?
- Roads
- Bridges
- Mines
- Pipelines
- Ports
EVERYTHING
But 40 years ago it was 4X Faster
Big Idea:
Let's toss out 40 years worth of endless over regulation & see what happens
A stunning testimony from political economist Dr. Toby Rogers, PhD, before the U.S. Senate. He dismantles the official narrative on the autism epidemic with data, evidence, and a powerful personal story.
In 2015, his then-partner's son was diagnosed with autism. As a PhD student at the University of Sydney, he went to the CDC’s website to understand the causes. Trained to read primary sources, he found the CDC’s narrative did not add up.
➡️ Genetics? There’s no such thing as a genetic epidemic.
➡️ Valproic acid & thalidomide? Largely irrelevant to the U.S. population.
➡️ Older parents? The math doesn’t come close to explaining a 32,158% increase since 1970.
He changed his entire doctoral thesis to study the political economy of autism. His groundbreaking work is now among the top 10 most downloaded PhD theses in the history of the University of Sydney.
His findings:
• 22 studies claiming vaccines don’t cause autism are useless—none have a true unvaccinated control group.
• Over $2.3 billion spent on genetic research has found almost nothing because genes don’t cause sudden epidemics.
• 437 publications on environmental factors (pesticides, pollution, etc.) all ignore vaccines as a possible confounder, rendering their conclusions incomplete.
The critical missing piece? Vaxxed vs. Unvaxxed studies.
He cites 6 key, suppressed studies that the media ignores:
• The Hepatitis B birth dose increases autism risk (Gallagher & Goodman).
• Vaccination increases odds of autism by at least 4.2x (Mawson).
• Preterm birth + vaccination increases neurodevelopmental disability by over 12x.
• Vaccination + no breastfeeding increases risk 12.5x. Vaccination + C-section increases risk 18.7x (Hooker & Miller, 2021).
His conclusion, after a systematic review of 1,000+ studies: "The autism and chronic disease epidemics are primarily caused by toxicants, mostly from vaccines, and about a dozen additional toxicants."
The solution is clear: stop exposing children to these hazards.
The obstacle is political, not scientific.
We must summon the will to act.
AARON SIRI: “The way that the media and the medical profession talks about people that don't vaccinate — throw them out of school, kick them out of their jobs — the way that those folks are treated, they're not to be lectured by anybody about civility.” 🎯
Resale House Prices Falling In GTA Suburbs: Few Sales But Big Price Drops
It's taken awhile but Single Family, Semi's & Towns outside Central 416 are experiencing obvious value reduction
And some Cities & Towns in Ontario experiencing steep drops from the March 2022 peak
2/
The reason you’re emotional is because your system is undefined.
Uncertainty feels chaotic when your process isn’t quantifiable.
But when every input is tested,
And every output has a variance map
There’s no fear.
Only math.
Very cool paper. “Longer wavelengths in sunlight pass through the human body and have a systemic impact which improves vision” I have known the senior author Glen Jeffery since the mid 90s and he’s always done very interesting work. Another beauty here.
https://t.co/tBvJfkDJCq
This is probably the best answer I've ever heard to the question, "Why did God create evil?"
A professor at the university asked his students the following question:
“Everything that exists was created by God?”
One student bravely answered:
“Yes, it was created by God.”
The professor asked :
“If God created everything, then God created evil, since it exists. And according to the principle that our deeds define ourselves, then God is evil.”
The student became silent after hearing such an answer. The professor was very pleased with himself. He boasted to students for proving once again that faith in God is a myth.
Another student raised his hand and said:
“Can I ask you a question, professor?”
"Of course," replied the professor.
“Professor, is cold a thing?”
“What kind of question is this? Of course it exists. Have you ever been cold?”
Students laughed at the young man's question.
The young man answered:
“Actually, sir, cold doesn't exist. According to the laws of physics, what we consider cold is actually the absence of heat. A person or object can be studied on whether it has or transmits energy.
Absolute zero (-460 degrees Fahrenheit) is a complete absence of heat. All matter becomes inert and unable to react at this temperature. Cold does not exist. We created this word to describe what we feel in the absence of heat.”
The student continued:
“Professor, does darkness exist?”
“Of course it exists.” said the professor.
“You're wrong again, sir. Darkness also does not exist. Darkness is actually the absence of light. We can study the light but not the darkness. We can use Newton's prism to spread white light across multiple colors and explore the different wavelengths of each color. You can't measure darkness. A simple ray of light can break into the world of darkness and illuminate it. How can you tell how dark a certain space is? You measure how much light is presented. Isn't it so? Darkness is a term man uses to describe what happens in the absence of light.”
In the end, the young man asked the professor:
“Sir, does evil exist?”
This time it was uncertain, the professor answered:
“Of course, as I said before. We see him every day. Cruelty, numerous crimes and violence throughout the world. These examples are nothing but a manifestation of evil.”
To this, the student answered:
“Evil does not exist, sir, or at least it does not exist for itself. Evil is simply the absence of God. It is like darkness and cold—a man-made word to describe the absence of God. God did not create evil. Evil is not faith or love, which exist as light and warmth. Evil is the result of the absence of Divine love in the human heart. It’s the kind of cold that comes when there is no heat, or the kind of darkness that comes when there’s no light.”
This is direct result of post-1971 USD reserve status structure & the open US capital acct it mandates
US could stop this in a weekend - mandate USD deficits can ONLY be converted into gold or BTC
Gold & BTC would moon (add a zero?), inflation would rise, USD would fall sharply
Heart disease isn’t just about clogged arteries—it’s about what’s driving the damage from within.
Epicardial fat, insulin resistance, & seed oils are key players.
To understand more on how they’re connected—and what you can do about it—watch this video:
https://t.co/fN5xWYdQKv
Another symptom of "USD Dutch Disease", & why the US can no longer go to war without Chinese REE's.
"You get our industrial base, skilled trade know-how, control of global commodity assets, & ownership of US stocks; we get record stock indices, debt/GDP & wealth inequality."
@LukeGromen Hi Luke, a very happy long term FFTT subscriber. Right now markets are at all times highs and very easy credit conditions and low MOVE index. What are the chances US Admin can take another chance to achieve what they missed after April 2nd rout. Thanks!