{"id":51123,"date":"2020-10-11T10:28:39","date_gmt":"2020-10-11T10:28:39","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=51123"},"modified":"2021-12-27T05:07:23","modified_gmt":"2021-12-27T05:07:23","slug":"cutting-the-asian-suez-canal-at-the-kra-by-by-trevor-jayetileke","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/cutting-the-asian-suez-canal-at-the-kra-by-by-trevor-jayetileke\/","title":{"rendered":"Cutting the Asian Suez Canal at the \u2018Kra\u2019 \u2013 By Trevor Jayetileke"},"content":{"rendered":"

Cutting the Asian Suez Canal at the \u2018Kra\u2019<\/span><\/b> \u2013 <\/span><\/b>By Trevor Jayetileke<\/span><\/b>\u00a0\u00a0<\/span><\/span><\/h1>\n

\"Cutting<\/p>\n

Source:<\/span>Ceylon Today<\/a><\/span><\/p>\n

The COVID-19 inflicted world economic slowdown\/recession\/depression \u00a0forecasts for by the IMF compounded by \u2018sabre rattling\u2019 \u00a0in the Indian Ocean over China by the US \u00a0sabre rattling is like a bull \u00a0in a china shop.<\/span><\/p>\n

The only saving grace is energy, fossil fuels, regarded by the greenies as a devil in disguise who predict a dreadful world occurrence caused by its \u00a0harmful co2 emissions that needs to be addressed by renewables like solar and wind. what i fear most is what will happen to the industrial world to be driven by new technology of the 4th industrial revolution when the proven reserves of fossil fuels are used up and not replaced in time by new discoveries due to cuts in exploration budgets mainly by oil majors as a result of the economic slowdown of the entire world as predicted by the IMF post COVID-19. \u00a0<\/span><\/p>\n

 <\/p>\n

<\/p>\n

US No.1 producer \u00a0of Petroleum<\/strong><\/span><\/p>\n

As a consultant in energy and analyst of world trends in the field of hydrocarbons, crude oil, natural gas and Liquefied Natural Gas (LNG), the US through the new technology of fracking and horizontal drilling have moved the worlds balance of petroleum production from the Middle East to themselves \u00a0in the present decade and become the No.1 producer of Petroleum in 2019 and now is also a net exporter of petroleum products after 40 years, taking pride of place from Saudi Arabia \u00a0and Russia. The \u201cHenry Hub\u201d of Louisiana in the Gulf of Mexico Region is setting the LNG \u201cBenchmark\u201d and also now the swing producer of LNG in the World.\u00a0<\/span><\/p>\n

Donald\u2019s Trump Card\u00a0<\/strong><\/span><\/p>\n

The US has the unmatchable alliance reach with naval bases and treaties with Asian countries like Thailand who may even need the green light past US for cutting the Kra Canal. The flip side in this situation is that China has come from behind and is trying to snatch the US\u2019s \u00a0Kudos. \u00a0With a Manufacturing\/Supply Chain BASE of 1.3 Billion people, China has now stolen the march over the US using its cheap labour. Energy could turn out to be Donald\u2019s Trump Card using its conventional\/unconventional petroleum assets rather than going for the hard option which will hurt too many round the world now facing a Covid-19 \u00a0affected \u00a0economic disaster of unprecedented proportions. \u00a0<\/span><\/p>\n

Britain IRA Peace deal<\/strong><\/span><\/p>\n

 <\/p>\n

Backing up my argument is the North Sea oil which Britain discovered over 40 years ago and wanting to bring it to the surface needed the big money which necessitated finding a solution to ending the protracted\/acrimonious war with the IRA over Northern Ireland by signing a peace deal. \u00a0\u00a0<\/span><\/p>\n

\u00a0Quite recently \u2018Leviathan\u2019 gas rich Jewish Israel is about to sign a Historic Peace Deal with the United Arab Emirates \u00a0which could happen before 3rd Nov\u2019 2020 . \u00a0<\/span><\/p>\n

The US has the clout and capacity to ensure the Asia Pacific the energy security which it lacks as \u00a0its geographic region of Asia and Asia Pacific has less that 5 per cent of Proven \u00a0crude oil reserves which includes \u00a0China which is the world\u2019s 2nd largest consumer of crude oil after the US. The present supply of crude oil comes through the Straits of Malacca for all in the Asia Pacific \u00a0which \u00a0is China\u2019s \u00a0dilemma and \u00a0it needs \u00a0un-interrupted supply been locked in the South China Sea. the demand for crude oil or LNG which is \u00a0from the EAST \u00a0with supplies that could be coming \u00a0 mainly of conventional crude\/unconventional shale oil and shale gas \u00a0as LNG \u00a0 from the US. \u00a0China could do a deal \u00a0with the US to square the Trade\/Tariff \u00a0imbroglio between them \u00a0going on for the past 2 years causing collateral damage to the rest of the World. With Sri Lanka in the Middle of the Indian Ocean for \u2018each and everyone\u2019 \u00a0and if Thailand and the US together agree \u00a0cutting the Asian Suez Canal at the \u2018Kra\u2019 will be the \u2018GAME CHANGER\u2019 of the 21st Century for the Asia Pacific, will be peaceful and prosperous and rise as a result.<\/span><\/p>\n

\u00a0Trevor Jayetileke. B.Sc (Cey), Freelance Writer\/Global Petroleum Analyst. \u00a0On e-mail:-\u00a0asgjaye@gmail.com<\/a><\/span><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Cutting the Asian Suez Canal at the \u2018Kra\u2019 \u2013 By Trevor Jayetileke\u00a0\u00a0 Source:Ceylon Today The COVID-19 inflicted world economic slowdown\/recession\/depression \u00a0forecasts for by the IMF compounded by \u2018sabre rattling\u2019 \u00a0in the Indian Ocean over China by the US \u00a0sabre rattling is like a bull \u00a0in a china shop. The only saving grace is energy, fossil […]<\/p>\n","protected":false},"author":3,"featured_media":51124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20],"tags":[13619,29785],"class_list":{"0":"post-51123","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"tag-covid-19","9":"tag-trevor-jayetileke","10":"post_format-post-format-aside"},"yoast_head":"\nCutting the Asian Suez Canal at the \u2018Kra\u2019 \u2013 by By Trevor Jayetileke<\/title>\n<meta name=\"description\" content=\"The COVID-19 inflicted world economic slowdown\/recession\/depression \u00a0forecasts for by the IMF compounded by \u2018sabre rattling\u2019 \u00a0in the Indian Ocean\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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