The End of Russian Oil

[piezoe]

Russia is insisting on pricing in rubles, both imports and exports. Their foreign exchange Dollar and Euro reserve accounts have been impounded. What they are doing is both smart and an act of desperation. They know that some countries are still very much dependent of Russian natural gas and oil. By insisting on payment in Rubles they know they have these countries over a barrel , so to speak. To obtain sufficient Ruble reserves to pay for the Russian oil and gas that they depend on, these countries may have to agree to export products to Russia and accept payment in Rubles. This is not something they would ordinarily do. I don't know if this clever Russian ploy will succeed for long, however, because Western Europe is working feverishly to free themselves from dependence on Russian oil and gas.

 

[Overnight]

If memory serves, there is a fuckton of oil reserves off of Norway's coast. Maybe Europe should consider tapping that ass?

Oh, right, I forgot. They cannot do that, because a sea turtle might die.

Oh well, hope they enjoy $20 per gallon gas. All to save that turtle.

 

[piezoe]

Russia doesn't lose anything, Russia saves its resources and sell it to someone trustworthy and Europe economy will choke very fast without gas.

or they can laugh with rats at their houses without hotwater under three blankets when temperature in their house aproaches freezing mark next winter

By next Winter, Putin will be gone. The Russian people will have had enough of him and his senseless war. They will be tired of their sons returning in body bags. They will be tired of empty shelves in stores. They will be tired of incredibly high prices for imported items. They will be asking "why?"

 

[Overnight]

By next Winter, Putin will be gone. The Russian people will have had enough of him and his senseless war. They will be tired of their sons returning in body bags. They will be tired of empty shelves in stores. They will be tired of incredibly high prices for imported items. They will be asking "why?"

So what you are saying is...The USA will win the poker game with Putin. Hmm!

 

[CET]

The comment is referring to technical expertise used in maximizing the oil recovered/produced from the reservoir.

And yes Russia is still selling its oil to China and Asia. Maybe someone knows if they are having to give a discount to make it happen or the buyers are just making Russia discount it because they can.

 

[piezoe]

If memory serves, there is a fuckton of oil reserves off of Norway's coast. Maybe Europe should consider tapping that ass?

Oh, right, I forgot. They cannot do that, because a sea turtle might die.

Oh well, hope they enjoy $20 per gallon gas. All to save that turtle.

Yes. The world is awash in oil . There is more than enough potential production to replace Russian oil and gas. It is a matter of time, distance, price, and politics.. Nevertheless, there is plenty of oil and gas.

 

[Overnight]

...It is a matter of...

No, it is a matter of none of those things you mentioned. It is a matter of the sea lion, and the sea urchin, and the great barrier reef, and the loggerhead turtle, and the blue whale, and my favorite of all time...the Spotted Owl!

I capitalize that one, because it has always been my favorite tree-hugger sex toy.

The world will never ever stabilize until we can get off this conservation band wagon that has gone insane.

 

[piezoe]

So what you are saying is...The USA will win the poker game with Putin. Hmm!

I think so. China is siting out this hand, and that leaves Russia playing against most of the world.

 

[SunTrader]

No, it is a matter of none of those things you mentioned. It is a matter of the sea lion, and the sea urchin, and the great barrier reef, and the loggerhead turtle, and the blue whale, and my favorite of all time...the Spotted Owl!

I capitalize that one, because it has always been my favorite tree-hugger sex toy.

The world will never ever stabilize until we can get off this conservation band wagon that has gone insane.

If that helps you sleep at night thinking that ...... then go right ahead blissfully ignorant.

 

[Overnight]

If that helps you sleep at night thinking that ...... then go right ahead blissfully ignorant.

You are the ignorant one if you do not realize that fossil fuels do not just give us car juice. I have posted missives on that before, and you have seen them.