While it’s not clear US energy is interested in acquiring European oil assets, apparently they are in a position to do so because of the polycrisis.

Chevron recently spent many billions on stock buy backs so maybe it won’t happen. Many of us have predicted this situation would arise so im curious how it will pan out.

      • @frippa@lemmy.ml
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        51 year ago

        I feel like we should invent a new word, because Europe is imperializing the third world but the US is clearly imperializing Europe, its like in feudalism where smaller Lords were subject to bigger Lords that were subjects to bigger Lords etcc

        • In Open Veins of Latin America, the term for Brazil was subimperialism in that Brazil was imperialized by the US but Brazil imperialized other South American nations in turn in the arrangement to get a share of the imperialist spoils.

      • DankZedong
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        51 year ago

        Scenes when the US inevitably invades a European country due to lack of freedom