Posted on 04/05/2014 6:51:12 AM PDT by Rusty0604
As in all things economic....Adapt or Die. The global economic landscape is changing, and the US better be ready to deal with it.
The biggest dipsheet? I thought he was the biggest sheepdip.
Once more, the shallow thinking of the Marxist elitists comes back to undermine them. Obama’s war on energy is turning out to be the chief means of making him the laughingstock of the entire world. If he and the other clowns in power had an aggressive energy development policy, they would now be dealing from a position of strength that would make the Russians and Chinese pause. Obama and his crew like being Bossy. Their own policies have ended up only making them sound bitchy. In this final phase of his Presidency, Obama is suffering from PMS (Putin Menstrual Syndrome). And Putin is loving it. As SNL pointed out, Putin comes from Warrior Jeans, Obama wears Mom Jeans.
Well hell, Obama started it when he was talking about stinkburger.
There’s something else that’s giving the House of Saud nightmares. Every other nation is looking at fracking and wondering, “If they can do it in the United States with such spectacular results, why can’t we?”
......”A Russian commodity exchange where reference prices for Russian oil and natural gas will be set in rubles instead of dollars will be a strong blow to the petrodollar......
Rosneft has recently signed a series of big contracts for oil exports to China and is close to signing a “jumbo deal” with Indian companies..... In both deals, there are no US dollars involved”.......
Russia seeks over $11 billion in ‘debt’ from Ukraine.....Gazprom is also seeking immediate payment for all recent gas deliveries to Ukraine, valued at over $2.2 billion.
Additional news is Russia is going to the Rubal backed by gold....??? That will change many equations!
The more the merrier! Need I say it? FRACK the Saudis!
Give them the mother of all FRACKS!
It’s all going to eventually lead to war in the future. They cannot continue at the trajectory the nation powers are moving without it coming to this.
Pretty amazing that one President and the EU/NATO has completely upset the entire International stage as they have..and very quickly.
With Obama’s hands ... created divisions in our Congress and Country.... but has exported his divisions on the International Stage by not having any foreign policy nor understanding how nations work....he doesn’t care...his vision is taking the USA along side the EU/Nato trajectory and has handed us over to the EU/Nato agenda for Global Dominance.....while they allow him to sit at the head of the table as if he’s still significant in order to continue to gain the revenues from our country to the IMF and World Bank..
We are not going to hurt Russia’s LNG exports.
We don’t have the capacity or the infrastructure to do that, nor do we have a way to force other countries to buy from us unless we say we are going to bomb you if you don’t buy from us
Europe is paying three times the price of natural gas in the US. Russia is using that huge profit to fund 50% of its federal budget. There would be no force involved on our part. It’s simply supply and demand. To the extent we can supply LNG reliably, which the Russians haven’t always done, we enable the Europeans to avoid Russian gouging. We have current LNG export facilities under construction. Others are waiting on permits. Russia just doubled the price of gas to Ukraine. Is that something you approve of?
What’s not to like about letting the market place cut down on terrorism and restrict cash that the Russians need for their adventures?
If Russia and China succeed in dethroning the US Dollar as the #1 reserve currency your standard of living will drop by 50%. I suppose you don't mind this.
Of course I don’ want my standard of living to drop. But what is the end game? FORCING other countries to use the USD?
How far would we go to enforce this?
Russia should be able to charge whatever the market will bear for their gas. Why isn’t this free market concept valid for them as well as us?
If the Europeans don’t like the price, they should have done something before now to be more energy independent.
Yes and yes!
Ask yourself what Putin would do in a similar situation
When it comes to world power as in geo-politics, if you cannot/will not wield power in your self interest there are other players who will be happy to do so, to take up the slack
All your libertarian notions are fine within our borders where rule of law is decent. Outside our borders they turn to self-destructive sh_t when it comes to engaging other nations in trade and commerce
How far would you go to force other countries to use the USD?
If we don’t do it someone else will....... so pick your poison. Power abhors a vacuum. So it might as well be us that is powerful and forces nations. If not us, others will. China, Russia etc Iran...use your imagination.
I live in the US and I root for the US. I am not a citizen of the world. I am not pro-Russia. I am pro-American power
What would you do? You still won’t answer that question.
No serious analyst believes any such thing. Anyone saying $20 a barrel is a charlatan of some kind.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.