Posted on 08/12/2023 6:49:01 PM PDT by SeekAndFind
Back when we first started waging economic warfare on Russia following the invasion of Ukraine, we slapped all manner of sanctions on Moscow and various Russian businesses and oligarchs. (Unless they had business ties with Hunter and Joe Biden, of course.) There were sanctions on Russian oil, vodka, caviar, and many other exports. But there was one product that conveniently didn’t get any sanctions. That would be uranium. Why? Because we use a lot of uranium for a variety of things, particularly in our nuclear reactors, and we didn’t want to upset the apple cart. Russia is a major exporter of Uranium, although Kazakhstan is far and away the biggest exporter, so dealing with Kazakhstan is basically just dealing with Russia and the difference is subtle.
So why does this matter? Because with the U.S. and much of Europe importing so much of their uranium from the Russians, Vladimir Putin has a very powerful card to play should he decide to use it. Much the same way that China controls too much of the technology supply chain, Putin could wreak havoc on our nuclear energy industry simply by shutting off the flow. And our energy grid is already teetering on the edge of collapse at times. (Associated Press)
The U.S. and its European allies are importing vast amounts of nuclear fuel and compounds from Russia, providing Moscow with hundreds of millions of dollars in badly needed revenue as it wages war on Ukraine.
The sales, which are legal and unsanctioned, have raised alarms from nonproliferation experts and elected officials who say the imports are helping to bankroll the development of Moscow’s nuclear arsenal and are complicating efforts to curtail Russia’s war-making abilities. The dependence on Russian nuclear products — used mostly to fuel civilian reactors — leaves the U.S. and its allies open to energy shortages if Russian President Vladimir Putin were to cut off supplies.
This tune will likely sound familiar to those of you who have been following the energy sector news on this site for a while. As we’ve discussed repeatedly, the United States has vast reserves of oil and natural gas. That’s why it’s so galling to see domestic production shutting down, leaving us to buy oil from places like Saudi Arabia and Venezuela. But do you know what else America has a lot of? Uranium.
The problem is that we still don’t mine nearly enough of it. And the possibility of doing more of that just decreased dramatically. You may recall that Joe Biden just declared a huge swath of land near the Grand Canyon to be a national monument. Well, that land includes a big percentage of our uranium reserves. And now they’re not going to be able to be mined.
America has enough resources to take care of its own needs in many areas. So how is it that we keep hamstringing ourselves, forcing us to rely on others for the resources we require? Of all the people in the world, why would we want Vladimir Putin holding the leash on our uranium supplies? More and more countries are making the switch to nuclear power, though the United States still lags behind in new reactor construction. There are now 60 reactors under construction around the world and 300 more are in the planning stages. Some are doing it because nuclear energy doesn’t produce carbon emissions. Others just need the energy and have fewer natural resources of their own.
The United States could be a global leader in this field just as we used to be in oil and gas production. We could be sitting at the top of that supply chain. But instead, we’re going to leave Russia and Kazakhstan in the cat bird’s seat. Under the Biden administration, we have a domestic energy policy that frankly appears suicidal. We need some smart people in charge who know how to make better deals and we need them quickly.
I believe Hillary already did that.
20% I believe.
And 10% for the Big Guy.
China missing?
The CORRECT way to punish Putin for trying to help the Russian-speakers in Donbass was the following:
1. Drill baby drill - flood the world markets with oil.
2. Isotope baby Isotope - flood the world markets with Uranium.
3. Go back to coal, if it was good enough for Jimmy Carter, then it’s good enough for America too.
4. Double our military spending and get rid of ALL of the useless ‘woke’ and other crap. Go back 50 years to how we did it during the Cold War regarding women and gays.
Plenty of other things too. But have we done any of that? Nope, we are instead GOING in the OPPOSITE DIRECTION...which is why I keep pointing out that are REAL ENEMY is in the White House, not the Kremlin.
Uranium One
Better hope that the Friends of Biden Inc. doesn't take notice.
Surely, you remember Uranium One. The Clintons sold 20% of our uranium to Russia after being stroked to the tune of a $500,000 speakers fee for Slick and millions funneled to and laundered through the Clinton Foundation.
Did you see that the Russians set off a bunch of smoke bombs at the bridge and the Neocons Supporters had a Gorbasm...they claimed that the bridge was blown up. Too damn funny!
One of them got a maximum amount of mucus all over their computer screen...
Shutting down domestic production and becoming dependent on imports is a typical move for the Globohomo Regime.
The EU had significant natural gas production and they shut it down for imports from Russia. For example, Groningen Gas field in Holland is the largest in Europe and slated for shutdown Oct 1, 2023.
They are also doing the same for farms and food production.
Drilling and mining will not fix the 40-50 people who brazenly shoplifted at the mall in the next post.
The FedGov hates America.
Anything to destroy the last beacon of liberty and freedom on this planet - that is their MO.
I hate them. I hate their ideas. I hate their actions. I hate the spirit that empowers and drives them.
May G_D judge them and destroy them.
It was Russian sources that said the Ukrainians had fired missiles at it, and moreover that the Russians had closed the bridge. It was therefore, at least, a successful harassment of bridge traffic. We will wait to see if there was significant damage.
The available videos of the attack are also all from Russian sources.
Since the Ukrainians demonstrated an ability to reach the bridge with their missiles, it means that they now have the means to hit precision targets at least that far away, which covers all of Crimea. If they are using old S200s to do that it also means that they probably have significant numbers of these things.
Novorossyisk may also be in range, TBD. There is a lot of merchant shipping there. Also, very likely, airbases in the Krasnodar area, where much of the Russian Airforce stages from into the south front.
When it comes to trashing nuclear power in the USA, the Democrats needed no help from Putin.
Russia still supplies about 30% of enriched uranium fuel used inside the US nuclear power industry
I’m really surprised they haven’t simply stopped shipment. We are, and have been for years, enabling and abetting Ukrainian nazis to kill Russians and attack their country
In many ways they are more diplomatic, strategic and reasonable than us
The Russians did not buy uranium one to get US uranium assets. Yes, we have such resources but they are not the worlds cheapest, we’re dismantling our nuclear industry, and the entire industry here must deal with rabid environmentalists and a bloated and leftist regulatory structure. It’s a crappy business. We should not kid ourselves about how skilled or attractive we are relative to the rest of the world
The Russians bought Uranium One to get the company’s JV assets in Kazakstan, which at the time was ramping up to become the largest and cheapest supplier in the world, right on Russia’s border.
AND YES, the Clinton’s DID sell fed.gov permission for the deal to be allowed. Once the sale was completed, Russia sold or shut down the US assets. They had no interest in them
“It was therefore, at least, a successful harassment of bridge traffic.”
Yippee. The Palestinians have been ‘harassing’ the Jews for 75 years and what has that got them? Like Ukraine, the Palestinians would have done better by NOT being terrorists.
Link?
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