This is unbelieving laughter at what this kind of thing means, and the kind of massive world manipulation that's going on.
Looks like the Globalists are ALL IN against Putin...
Posted on 02/28/2022 9:23:24 AM PST by blam
BP's decision to abandon its stake in oil giant Rosneft is the first high-profile example of the self-sanctioning by companies of their business links to Russia, a process likely to have major short- and long-term implications for energy markets.
BP's dramatic exit of its 19.75% share of Rosneft could cost the London-listed oil major as much as $25 billion, a hefty price to pay in order to be seen to be doing the right thing in response to Russia's invasion of neighboring Ukraine.
"I have been deeply shocked and saddened by the situation unfolding in Ukraine and my heart goes out to everyone affected. It has caused us to fundamentally rethink BP's position with Rosneft," BP Chief Executive Bernard Looney said.
BP's severing of three decades of ties to Russia puts the pressure on other Western oil majors to reconsider their business links as well.
Shell & Other Oil Majors
These include Shell, which owns 27.5% of the Sakhalin-2 liquefied natural gas (LNG) plant on Russia's Pacific island of Sakhalin, and France's TotalEnergies, which as a 19.4% stake in Novatek, a 20% interest in the Yamal LNG venture and 21.6% in the Arctic LNG 2 project.
If other Western companies seek to exit their Russian operations, the ramifications are likely to be significant.
The short-term implications are that those Western companies will likely no longer lift cargoes of crude oil and LNG from these operations.
This means they won't buy, trade or transport the volumes that they had in the past.
This doesn't necessarily mean that the crude and LNG won't be sold or delivered, but it will make it harder for the Russian companies involved to market and sell the cargoes that used to be taken by the Western oil majors.
(snip)
(Excerpt) Read more at newsmax.com ...
And just like that, Woke was all popular, again.
This will force Biden to resurrect Trump’s energy policies.
But watch the Potato-in-Chief try to take credit for them.
Why do I think this is just an excuse to explain away why a gallon of gas at the pumps now costs so much more?
Gee, if only we had a way of getting all that shale oil to market...........................
Now they can blame Russia Russia Russia for the ailing economy and high gas and energy prices. After all we were at war will be the mantra.
Those of us who are not fools know that inflation and energy prices were high well before Russia invaded the Ukraine but the MSM will provide Biden cover and propagate the lie.
I just paid $3.29 a gallon for regular at my local/rural service station.
Oh no. Far from it. This will hasten the implementation of the Great Reset and Chinese mores on Taiwan. Things are certainly moving fast.
Just my speculation.
He won’t do that. He’s going to expect Americans to suffer rather than contradict his own policies.
Anyone willing to bet that later on, we learn that Goldman Sachs or Black Rock have bought up BP’s Rosneft shares for pennies on the dollar?
Not surprised, I've purchased gas for 61 years and BP has never cared about me, and always gouged me for an inferior product.
If Putin is hitler, what was BP doing there in the first place?
I remember the day that Ubama took office. Gas was $1.86 national average. It NEVER got below that except under President Trump - once.
The cheapest gas near me yesterday was $3.48/gallon... my price to pay for a war we have no business messing with, for a President we have no business supporting.
I think China is going to make a play for the Russian Far East. Taiwan is just a distraction to make Russia have a false sense of security such that Putin took 40% to 50% of his Siberian forces to play in Ukraine.
Russia is vulnerable.
Ya. But BP has clean bathrooms.
This is unbelieving laughter at what this kind of thing means, and the kind of massive world manipulation that's going on.
Looks like the Globalists are ALL IN against Putin...
I could see that happening too.
I think Putin started believing his own press as a tough guy but the Russian army ain’t the Soviet Red Army and appears to be no more than a paper tiger. The only he has is nukes and I doubt any of his command staff would follow a launch order.
Next year we will be yearning for the good old days when gas was $5/gallon.
I just paid 3.58 in Western Lower Michigan, up from 2.92 recently.
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