Posted on 05/20/2022 6:41:21 AM PDT by JonPreston
In May alone, Italy reportedly imported 450,000 barrels of Russian crude oil per day. This is four times more than the country was buying off Russia in February, when Russia first invaded Ukraine, according to Kpler, a commodity data company. The move will see Italy become the EU’s biggest import hub for Russian seaborne crude.
One EU diplomat told The Times: "It’s becoming clearer by the day that three sides are forming: Poland and the Baltic states, known as the Sanctionistas that want more and stronger sanctions.
"Germany, Italy, Hungary, Bulgaria — the Contras — that prioritise their own economic interests.”
(Excerpt) Read more at express.co.uk ...
I can forsee the EU falling apart over this.
Once the gas runs out people can’t move w/o gov trans and gas, heat and electricity start to be rationed.
I can too. NATO, without US taxpayer money, is over.
With crude at ~$105/barrel, the Russians have no trouble selling all the oil they can bring to market at a slightly discounted price. The EU makes no secret that it openly continues to buy Russian gas. Also they will soon be bidding against each other for Russian grain.
Don’t forget fertilizers. 30% of global export is Russian and up to a half is Russian-owned.
Yes, while at the same time telling the US that they support sanctions and will stop Russian oil "sometime in the future."
It’s back up to $113 this morning.
Italy is preparing for shortages due to this proxy war for George Soros, Klaus Schwab, Jao Bai-din, Hunter Biden, Paul Pelosi, John Kerry Jr., Christopher Heinz (Kerry), and Alex Vindman.
Italy is also likely selling it to other European countries who only pretend to boycott Russian oil.
It’s not military.. It’s economic.
Citizens will demand Gov caves. When they are alotted X hrs per day of electricity. As they don;t have the resources to produce 24*7 100% power throigh wind and solar. They have shut down most Nukes and Most Coal.
Energy will sent to “national priority” locations. Not the peons.
Gas rationed as “national security”. trucks will not deliver materials to places that make stuff. “non essential goods” will not hit shelves. massive layoffs.
And home heat, rationed or shut off..
Forced relocation from rural to Cities for better “distribution of resources”
basically, a Govt power grab on a massive scale.
The stark reality is that the German economy would severely contract or even grind to a near halt without Russian gas and oil. This is the consequence of no coal, no nuclear and no fracking in delusional green Germany. Those same policies being implemented in the US over the last 16 months under Biden and are contracting American productivity. Food shortages, high gas and diesel prices, inflation and electricity rationing are already here and getting worse.
Why not, it’s the CHEAPEST oil in the world right now, thanks to the EU.
Good point. And I’m sure Italy is not alone.
Have to keep those Ducatis and Lamborghinis running…
The horror!
People here think that Putin wants this to end soon? Why would he? He has a conflict that is both sharpening his military's skill set and is a means to get rid of officers that he doesn't want. And he is making a fortune, even if he is sick and will not be around to spend it. There is still very little down side for him.
To top it off Western media is falling all over itself publishing crap like guys carrying around airsoft weapons and falling for one hoax after another. Western media is once again proving to be as fake or more fake than Russian media. It also exposes the buffoons that fall for it every single day. Thank you Daily Mail!
So, the USA is supposed to protect and rebuild the Ukraine while the rest of NATO plays grab the sausage with Putin. The EU is just a big shakedown scheme.
An EU collapse is long overdue.
They may not have been intentional. They may have just screwed up their order. I mean, this is Italy we’re talking about.
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