Posted on 08/18/2022 7:26:42 PM PDT by dennisw
“...KSA produces far more oil than it burns...”
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Good post.
What is KSA?
Kingdom of .... Saudi Arabia
Very interesting in regards to Russian oil production and transportation. Thanks!
Kingdom of Saudi Arabia
Thank you for confirming why Russia invaded Ukraine.
I would have to agree with that. Our electric bill is already up considerably this summer, and despite the usual histrionics from some of our local TV mets, this summer has not been extraordinarily hot for us. (5th or 7th hottest July on record at our local NWS office, but June was only a bit over avg. and August so far and in the long range forecasts has been and looks to be significantly cooler than avg.)
That bill even though coal still makes up quite a bit of local power generation, as does hydroelectric. :-(
As others have noted, quite a bit of the author’s speculation has not come to pass. However, and in regards to many of the comments here, I’d caution that “The West” is clearly playing a very long game here, with often nearly as much incompetence as the Russians. At most we are in the 2nd inning (which probably IS a successful part of the West’s current strategy). Much can go wrong though, and some certainly will, with the current fools in charge.
Pubbie candidates in the US need to coordinate and get out a clear message that CHEAP energy (and policies to get there fast via vastly increased production here) is likely the only way to prevent a serious and prolonged recession.
Low energy prices ding Pooty badly too. Without them... This struggle could last a decade. :-(
In the United States, the long term price ceiling for oil is around $100 per barrel in a free market.
That is the price at which fracking and other technologies become economically viable.
We're dealing with geriatric LARPers; role-players pretending to know about a topic, while having no actual connection to it beyond what they hear from State department mouthpieces on Fox news.
“Thank you for confirming why Russia invaded Ukraine.”
I think hatred of Russians drives you to claim that.
Russia’s natural resources are being sold to the world via black market transactions. Europe turns a blind eye because it deprives the Russian state of free market profits.
Russia’s natural resources remain fungible while its currency is not. Whether it’s realized or not Russia’s economy is returning to the primitive command-directed economy of the Soviet era. Impoverishment. A Cyrillic North Korea.
Bad Vlad as a communist humanitarian needs a set of new photots for UK Daily Mail.
You too # 53
This is why living in the USA is better.
You’ve riled up the Little Pukin butt lickers!
For all your globalist warmongering needs, turn to George Soros. (also sponsored by Pfizer)
Speedy thanks and you know more than I know.
And I copied you on archive.is for what I post that needs it.
+++ ероям слава! — Slava Ukraini and FVP! (F Vlad Putin) +++
A bad look indeed. Are you dealing with heating oil or natural gas? --- I have lived there as in Beantown and I like heating oil. Coming right (piped up from basement)into the cooking stove to heat the top level of a triple decker.
“It’s a bad look for you to be admitting you have no skin in the heating costs game from the Ukraine-Russia conflict”
Not only that but Florida has nuclear power plants too. I’ve been down there enough to know that summertime energy costs probably equal everything out in total energy expenditures. Not only that but sales tax is higher in Florida.
Blaming Florida is like taking a knee, it’s not the problem. The problem is our energy Independence has been shut off. That’s the problem. Focusing on that issue is constructive, look towards November. Push the energy issue, push the border issue. Push the recession. Push civic virtue!
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