Posted on 04/05/2023 5:37:44 PM PDT by delta7
Japan is an energy-dependent nation that relies on imports to function. Despite being a G7 member, Japan has remained largely silent on the Russia-Ukraine war and is the only member to deny Zelensky’s pleas for weapons. The prime minister was the last in the alliance to visit Ukraine amid the war. The G7 nations set a $60 per barrel price cap on Russian crude but granted Japan a pass.
Japan has purchased nearly 748,000 barrels of Russian oil for $70 a piece in the first two months of the year alone. All of the MSM headlines read: “JAPAN BREAKS ALLIANCE WITH WESTERN ALLIES,” as if there were an alternative. Even conservative outlets are saying that Japan has broken ties with the West. Japan is unwilling to deliberately allow its nation to crumble from an energy shortage, unlike the “Build Back Better” nations.
Oil prices surged on Monday after OPEC+ announced plans to limit production, which will lead to a rise in global prices. Energy costs affect the cost of everything from the supply chain to food. Yet, the countries that have the ability to drill, such as the US and Canada, are refusing to do so despite energy prices significantly contributing to overall inflation and economic instability.
The West chastised India and China for purchasing Russian oil. They don’t want to lose their Japanese ally and are attempting to give them a “free pass,” but only until September. What happens then? Will Japan be forced to break its alliance with the G7? The West was hoping that longstanding tensions between China and Japan would push them into this proxy war, but the Japanese government is not willing to implode its economy. Let us also remember that Japan was forced to close numerous nuclear power plants after the earthquake hit in 2011. They are completely reliant on imports. It seems that only nations willing to surrender their economies in the name of abandoning fossil fuels, with no alternative, are ousted from the West’s good graces.
Carry on Warcheerleaders, Vlad continues to fill his pockets, and the West goes further into bankruptcy, bank failures, historic inflation, historic shortages…
All by design. Welcome to the great reset…
“Japan has purchased nearly 748,000 barrels of Russian oil for $70 a piece in the first two months of the year alone.”
They are buying barrels of oil by the piece?
more ukie winning!
748,000 barrels dunbass
Can’t say I blame them. Would anyone trust the US or EU to supply them oil in a crisis?
That’s nothing, what is that 25% of a day of the demand?
Japan use to get oil from us through Alaska since it is so close by, but the puppet along with other sell outs have decided to destroy our energy grid for pseudo green energy companies that would never make it in the free market because it does not work. These so called green companies require federal subsidies to stay in business.
China, India, Russian, Brazil, Saudi Arabia, Egypt, Mexico, the rest of the OPEC Nations are growing their economies with more oil and electricity. They are adding new plants every week while we shut down our clean efficient ones here.
When countries go to war. Attacking the energy grid is usually a top target to destroy a nation. That’s exactly what is happening to our republic. We are under attack via stealth.
“Armstrong.” LOL!
The U.S. agreed to the exception on oil, and Japan has sent billions of dollars worth of aid to Ukraine including military equipment.
Can someone remind me when sanctions achieved their objective and did not lead to war?
“ Congrats Delta, you’ve just won Russian Propaganda Post of the day. Please accept your award:”
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His post seemed pretty factual to me. I guess truth is considered propaganda now?
Propaganda with half-truths are total lies.
” That’s nothing, what is that 25% of a day of the demand? “
Yes . Greets from Japan !
“MOSCOW, April 2 (Reuters) - Russia will extend a 500,000 barrels per day (bpd) oil production cut until the end of the year, Deputy Prime Minister Alexander Novak said on Sunday.
Russia announced the move within minutes of statements by Saudi Arabia, Kuwait, Oman, Iraq and the United Arab Emirates that they were also reducing output until the end of the year. Russia is part of OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies.“
The sanctions are so effective that the Russians can voluntarily cut production in a coordinated move with their OPEC+ allies. I paid $3.39/gal last week, $3.79 today. By the way, exports to India increased 22 fold last year. Yeah, we’re going to bankrupt those Ruskies.
Should Jao limit my access to gasoline, Diesel, natural gas, propane or any more complicated petroleum derived products, I’d be happy to buy Rooskie oil.
FJB/LGB
“ That’s nothing, what is that 25% of a day of the demand?”
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It’s more than “nothing”. It’s “A START”. Trends usually start small and grow bigger.
Well if you know anything about refining, you’ll realize that some Refinery are tuned to specific blends of oil, it’s quite possible that they needed some Russian oils to blend in their oil for a specific Refinery process and this is the extent of the Russian oil that they need
Et tu, Brutukawa?
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