Posted on 08/18/2022 7:26:42 PM PDT by dennisw
ping
ping
The Globalists milking the US like a cash cow don’t want any competition
Russian oil ends when the DC and Brussels globalists succeed in Moscow regime change. Those same globalists will then kill Russian energy just like they’ve crippled western energy.
I started to read this, and was amazed how out of date the author’s information was. Lots of things that are no longer true at all.
The date of the article is March
The oil will still be there and there is actually plenty of it but they probably can’t get it in any reasonable time or profitably. I’ve worked there and it is a mess without western technology, know how, industry and diligence.
Mostly it is mired in the same kind of bureaucracy, regulation and excuse making we are and that is worsening. The corruption is worse though.
His prediction of $200 oil is off, but what else is wrong? Oil prices are way down due to recessions and Vlad being able to sell his oil under the counter lower than spot prices, via India, Arabia, what have you.
Vlad is able to leak out his oil massively. Russkie Gas uses pipelines and LNG so more difficult for Banned Vlad to play his little games.
The ONLY problem with Russian oil is Eurowankers no longer having access to it. Russians are now busily selling all of that oil to Asian clients; the Eurowankers are all going to freeze and starve this winter.
I am not buying the authors pipeline blockage theory for Russian oil decline, America banning exports, or $170/barrel for oil.
But I do believe that Russia is in for declining oil output because of the sanctions, and withdrawal of the majors. Maybe worse of a decline than Venezuela experienced, because of the harsher climate, and inherently more problematic deposits.
Note the date - March 15.
We're waiting for the Russian collapse, as we're waiting for the Million Man Ukrainian Grand Offensive across the open steppes of Kherson Oblast.
Meanwhile, the hapless Ukie cannon fodder continues to be pounded to flinders in and around Artyomovsk [Bakhmut].
I'll bet "Touching His" Peter Zeihan is a Twitter bluecheck, too.
Good to know! Parasite bureaucrats are the same worldwide. But being oil/gas Parasites bothers me lots more. Inexpensive energy is our lifeblood.
That's 7 to 8 times the price of piped natural gas.
That's not gonna leave a mark - it's going to leave a CRATER in the European Union economy.
All my stuff and your stuff..... This winter will prove the wiser. As others have posted here —”Winter is coming”
https://www.youtube.com/watch?v=vPTI4m6KcJQ&t=4s
I agree he’s not up to date.
Say what you will, but “cheap” Russia natural gas turns out to be very expensive and comes with autism level invasions. Putin, Gates autistic. Is anyone on the level anymore? Biden is, he has plain ol dementia.
My natgas bill is at 70 cents a therm - double last year's price. In the summer.
It tracks the Henry Hub price, which has now gone to 9 bucks per mmBtu. That means 90 cents a therm.
I'll bet your friends and relatives are going to get a real "ding" from a tripled natural gas bill this winter...
I generally don't threaten to camp out in my natural gas supplier's front offices, with additional threats to take over the building.
So we don't have these problems.
“...natgas bill is at 70 cents a therm...”
-
Wow! that is cheap!
I don’t know where you are.
I pay twice that.
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.