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Russia doubles fossil fuel revenues since invasion of Ukraine began
The Guardian ^ | 4/27/22 | Fiona Harvey

Posted on 04/28/2022 7:25:48 AM PDT by JonPreston

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To: canuck_conservative
money by itself is useless in a war

What? Your president has chosen money as the weapon to damage Russia, and it has failed spectacularly. Putin is now raking in twice as much. The rest of your post is a mix of propaganda and delusion and unworthy of comment. Please try harder.

21 posted on 04/28/2022 8:02:17 AM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: EEGator

From what I read, chip production is behind orders (there’s so much demand), so even if Russia secretly sent an order via a bogus company, there would still be a long delivery delay

China could send them some of their own in-house stock, but then China is depleting their own supply of these important components ... and since China is planning to invade Taiwan at the earliest opportunity, they probably want to have as much stock on hand as possible


22 posted on 04/28/2022 8:04:49 AM PDT by canuck_conservative
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To: econjack
Biden’s stupidity depends upon perspective.

Are you assuming these things “he” did prior to and after Russia’s invasion are not designed intentionally to do exactly what they are doing?

Some are winning big thanks to Biden and I wonder what they will do next.

Like the song says, “Everybody wants to rule the world.”

23 posted on 04/28/2022 8:06:40 AM PDT by GBA (Endeavor to persevere)
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To: canuck_conservative

Chip production is behind, another blessing of globalism.
I understand some foundries are being built in the US, but that will take time.

Overall, there will be global ramifications from the war, and more so from the sanctions imposed.
What message is conveyed when the US can turn a switch and hold/steal all of a country’s money involved in SWIFT?
It’s a very small amount now, but some countries are diversifying monies aside from the dollar.


24 posted on 04/28/2022 8:09:48 AM PDT by EEGator
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To: EEGator

Geeze, what a looser he turned out to be and he gave us that Patriots Bill. What a bunch of communist malarkey.


25 posted on 04/28/2022 8:11:25 AM PDT by RetiredArmy (Free Will. GOD gives you the choice I accept or reject Him! Choose Him. It depends on you.)
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To: GBA
Good song. It ends Real Genius...


26 posted on 04/28/2022 8:11:36 AM PDT by EEGator
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To: RetiredArmy

DHS
TSA
Patriot Act

He also tried to shove “comprehensive immigration reform” aka Amnesty...
Islam is a religion of peace
Never fought which led to the more dangerous Hussein...


27 posted on 04/28/2022 8:13:26 AM PDT by EEGator
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To: bantam

I was very unpopular when Bush was seeking the nomination.

There were lists with my name on them, and people I’d never talked to before
here, referencing them to trash me for not being behind him even on threads
having nothing to do with him.

Today people see in him what I saw in him then.

Too late!


28 posted on 04/28/2022 8:14:30 AM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which it stands.)
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To: PGR88

Everything the progressives and neocons in Washington DC do has the exact opposite of their stated intentions.

- - - - - - -

Perfectly written. Stated intentions.


29 posted on 04/28/2022 8:16:46 AM PDT by TTFX
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To: tlozo
Louis J Wilson, senior adviser at campaigning group Global Witness, said Russia's willingness to violate its own contracts meant businesses now had no excuse for continuing to trade with Russia.

Would you supply oil/natural gas for free when its costing you Billions to produce and transport?
Why would Russia do that?

“Fossil fuel majors and commodity traders who have continued trading in Russian fossil fuels, claiming that they are forced to do so by their long-term contracts, should take note of the value of the agreements they hold with Russian entities. Russia is willing to tear up these contracts to support their own war effort,”

Nobody needs commodity traders.
Russia doesn't need them. Plenty of traders of all kinds in Russia.

30 posted on 04/28/2022 8:18:48 AM PDT by SmokingJoe
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To: canuck_conservative
Ukraine is under no such embargo, and continues to be freely supplied, so they can keep making drones and other high-tech weapons.

So the Ukrainians are now manufacturing drones...

Yeah Sure GIFs | Tenor

And the Ukrainians are now winning. I guess that is why more than 10% of the Russian population have now become refugees. /s

31 posted on 04/28/2022 8:22:41 AM PDT by fireman15 (Irritating people are the grit from which we fashion our pearl. I provide the grit. You're Welcome.)
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To: fireman15

9 weeks already, and “mighty Russia” can’t even conquer an area the size of a medium US state, against a much smaller opponent

THIS was the country that was supposed to give the whole US military a real challenge? that was supposed to roll over Western Europe in weeks, capturing major cities like Berlin, Vienna, Prague?

and now Russia reduced to bragging about capturing tiny villages

that’s pathetic


32 posted on 04/28/2022 8:34:42 AM PDT by canuck_conservative
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To: PGR88
..... My theory is that this is the planned economic part of the so called Great Reset. Right after the global societal changing magical mystery Virus .... Then .... right on cue .... Enter the creation and emergence of a new global economy outside of what the old world's economic system was built around without those old boring nations at the helm .

... You know ....Out with the Old ... In with the New ....... World Order.

33 posted on 04/28/2022 8:40:06 AM PDT by R_Kangel ("A nation of sheep will beget a nation ruled by wolves")
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To: JonPreston; PGR88; EEGator; SmokingJoe

Poland was transitioning but Putin gave them what they wanted just not the way they wanted it. The EU reps behavior and tone gave away they were peeved, did not want this to happen now, and I imagine EU reps had an earful from Poland and Bulgaria. Perhaps a Russian rep said if you sanction us then we get to treat you badly.

The Russians did enough shelling to keep 5X as many Ukranian troops bottled up at Kyiv. While the world was fixated upon them, the Russians were taking cities in the east and south. The same experts that bungled Afghanistan, like Secretary “Raytheon” Austin, no doubt advised the Ukrainians.

Russia only went in with a fraction of its troops and hardware, no doubt has alot almost unknown to the world given at the start media outlets said nowhere near all the Russia troops and armor were going in.

Putin turned off the gas to Poland and Bulgaria, Russia has massive gold, oil and gas reserves, is self-sufficient, around 80% of the world’s countries did not sign on to sanctions or agree to not buy oil, China and India are among them, as are others no doubt.

Russia was making money hand over fist when oil was selling at $88 a barrel, and sanctions don’t appear to have hurt the ruble as it has returned to its pre-sanctions level.

Now they are raking in 2X.


34 posted on 04/28/2022 8:55:08 AM PDT by Its All Over Except ...
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To: DoughtyOne

Problem was Bush was running against McCain. Judas vs Judas. I lived in Arizona, so voted for W. I later came to hate him and loathed those “Day in the Life” butt kissing threads here.


35 posted on 04/28/2022 8:56:27 AM PDT by Luke21
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Reminder:

Ukraine is using human shields:

Wshington Post, 3/28/22: Russia has killed civilians in Ukraine. Kyiv’s defense tactics add to the danger

“Virtually every neighborhood in most cities has become militarized, making them potential targets for Russian forces ...” More at the article.


36 posted on 04/28/2022 8:57:24 AM PDT by Its All Over Except ...
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To: JonPreston

Russia has nearly doubled its revenues from selling fossil fuels to the EU...since Biden shut down domestic fossil fuel production!


37 posted on 04/28/2022 8:57:54 AM PDT by G Larry (Anybody notice that Satan is hard at work?)
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To: G Larry

US Fossil Fuel production is not shut down.

Don’t believe propaganda, even GOP propaganda.

US crude production is about 11.9 million bpd. The highest it has ever been was 12.7 mbpd. It is a struggle to get back to that level for various reasons, and Biden pipeline policy is at most minor among them.

Alaska flows are dying. That requires even more increase from shale to get back to 2019 levels. The shale revolution was mostly financial, not technical fracking wizardry (FYI fracking was invented by Russia decades ago). Lending sources flowed money to frackers, and they pumped at a loss. Rarely a profit.

Those lenders are now reluctant. Oil’s price could return to zero (literally negative or zero) and how do they get repaid then?

But maybe too much detail, there. The core reality is oil output is not down very much at all from the max, even with the somewhat redefinition of condensate vs crude API 40 vs 45.

Oil is not infinite. Fields do go empty. The US was the Saudi Arabia of the world in the first half of the 20th Century. Our territory is strewn with empty oil fields. More every day.


38 posted on 04/28/2022 9:05:59 AM PDT by Owen
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To: Luke21
I later came to hate him and loathed those “Day in the Life” butt kissing threads here.

Political sycophants acting like elderly Bobby soxers.

39 posted on 04/28/2022 9:08:25 AM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: Owen
Will you get off it?!?!?

Biden stopped the Keystone pipeline, stopped drilling on federal lands, is reimposing environmental restrictions lifted by Trump, among a variety of other constraints he's imposed that impact development and production.

Those policies ARE the reason for the rise in the cost of gas and the basis for increased profits for Putin!

Your "oil is not infinite" comment is of no importance for the next 100 years.

40 posted on 04/28/2022 9:12:32 AM PDT by G Larry (Anybody notice that Satan is hard at work?)
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