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RUSSIA'S PRESENT TO AMERICA ON INDEPENDENCE DAY
Pravda ^
| 2002-07-03
| Vasily Bubnov
Posted on 07/03/2002 10:26:58 AM PDT by Texaggie79
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To: Texaggie79
Wow....will be interesting to see how limited this will be.
To: Hugin
Personally, I hate communists and the Chinese are hell-bent on destorying us. No partnership, no friendship. Just enemies. Let's take the fight to them while we can.
To: Mo1
I LOVE THIS CARTOON!!!
To: Hugin
I know it seems like a remote possibilty now, but who would hve predicted a US-Russia partnership 20 years ago? Certainly not this guy
Leonid Brezhnev dies from heart attack at 8:30 A.M, November 10, 1982
To: Tai_Chung
"Leonid Brezhnev dies from heart attack at 8:30 A.M, November 10, 1982" immediately after hearing U.S. President Ronald Reagan refer to the Soviet Union as the "Evil Empire" :-)
45
posted on
07/03/2002 11:11:57 AM PDT
by
MJY1288
To: Hillary's Lovely Legs; lodwick; mountaineer
I figured this needed to be copied onto the Guild, but I have zero HTML skills.
Comment #47 Removed by Moderator
To: Semper911
Seems like a tough set-up. They need a pipeline. They need some outside investment. Won't cut off OPEC altogether, but looks like it'd make a good dent.
48
posted on
07/03/2002 11:12:28 AM PDT
by
Huck
To: Texaggie79
the cost of saudi oil and other persian gulf oil countries is too high in terms of money and people...just look at the cost in lives and money at the world trade center...
To: Texaggie79
Bolshoe spaciba nashim druzyam v rossii... That really is good news.
50
posted on
07/03/2002 11:12:57 AM PDT
by
medved
To: Grampa Dave
Thanks for the ping.
BTTT for a huge middle finger to the Saudi's. I heard about this a couple of weeks ago and what is reported here is just the tip of the iceberg, that will eventually sink the Saudi "Titanic".
Now, where are all the Bush-bashers that hammered him for kowtowing to the Saudi Princes? Remember the vitriol? He's doing his daddy favors for all the business dealings, and on and on, ad infinitum.
To: Texaggie79
Can you say "RELECT THE stupid, dyslexic, drunken, frat boy"???
To: Southack
I don't want to rain on the parade, but this is more symbolic than actual. It's fairly unlikely that the US will buy a whole lot of Russian oil anytime soon.
The reason is purely economic. The world oil market automatically delivers oil to the most efficient destination. It hardly makes sense for us to buy lower quality crude that has to be shipped further.
The benefits are just as real, however. Russian oil will most likely find its natural destination in eastern Europe. That will replace oil there which probably comes primarily from the Middle East. The Gulf countries will have to find new buyers or water their lawns with it.
It's all a matter of supply and demand with logistical factors playing a large role. The US will primarily get its imported oil from Mexico and Venezuela, just as it does now. The price will continue to drop as more Russian supply reaches the market. Our actual consumption of oil from the Middle East might not drop at all, yet we will be less dependent on it because we could substitute Russian oil if we had to.
But I don't think a whole lot of Russian oil is in our immediate future. That could change if the big oil fields on their Pacific Coast are developed or pipeline capacity from Siberia is increased (although China would likely be the primary customer of Siberian oil). Russian oil could replace Alaskan oil as the primary fuel for West Coast refineries if further exploration of Alaska is not permitted.
53
posted on
07/03/2002 11:14:25 AM PDT
by
Dog Gone
To: Texaggie79
Nice find and I agree completely with your summation of the monumental ramifications of this.
To: Texaggie79
As usual, much ado about nothing. - The russians say they cannot make money at less than $25 barrel. - This scheme ain't gonna work.
As of now, it is difficult to say to what extent the oil deliveries will be economically justified. The matter of the fact is that the first tanker with Russian oil has covered a rather long way: originally, the oil was loaded onto the tanker in the port of Novorossiisk, then by the Black, Aegean, and Mediterranean seas, it was delivered to Houston. On the other hand, the route from the Persian Gulf is also rather long.
President of YUKOS, a Russian company that performs oil deliveries to the USA, Mikhail Khodorkovsky announced recently the intention to make oil supplies economically rational, one barrel of Russian oil is to cost $25 at least.
It is to be taken into consideration that Russian oil is of a lower quality than the Mideast oil.
And, consequently, its price on the world markets is much lower than $25.
55
posted on
07/03/2002 11:16:27 AM PDT
by
tpaine
To: tpaine; Texasforever; PhiKapMom; Howlin; Miss Marple; Grampa Dave
The eternal optimist has spoken!
56
posted on
07/03/2002 11:20:05 AM PDT
by
MJY1288
To: redhead
If and when they do, be assured they will associate Clinton/Gore efforts in Russia during the '90's to make sure Bush doesn't get all or majority credit.
To: Dog Gone
That could change if the big oil fields on their Pacific Coast are developed or pipeline capacity from Siberia is increased My understanding of some of the deals concluded when Bush was in Russia last, are exactly the same as your quote reflected above.
I agree with your logistical analysis, however, as new fields are developed the possibility increases.
In any event, this is HUGE.
To: Texaggie79
I haven't had time to check today. But are there any stories about this in our papers?
59
posted on
07/03/2002 11:22:42 AM PDT
by
Dales
To: DaughterOfAnIwoJimaVet
Yeah and I wonder what the criticism will be over at the Dummies. Probably something about Bush taking over the oil in Russia.
60
posted on
07/03/2002 11:23:22 AM PDT
by
gbaker
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