Kat Tsun
eeeeeeeeeeeeeee
- Joined
- 16 June 2013
- Messages
- 1,887
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Better than nuclear. I posted something before referencing a NYT piece saying that the Biden admin were thinking of winding back sanctions on Venezuela so it could export more oil to relieve the pressure on oil prices. They're still "just thinking about it" though.View: https://mobile.twitter.com/phildstewart/status/1500968530413555712
Looks like this is their nuclear option.
It's insanely wishful thinking TBH. Maduro, and the rest of OPEC, have more or less agreed to not increase oil production due to Russian sanctions through abstention of the US sanctions and continued trade with Russia. On a more basic level, it's also hard to imagine why people who make money directly based on oil costs would want to reduce the price of oil. They're raking in cash hand over fist right now. With the knowledge that oil prices will come down in the future (we hit "peak oil" in terms of use a few years ago, it will only go down), it would be smart to just ignore shale and keep the price high.
https://www.nytimes.com/2022/03/02/business/oil-prices-opec.html
https://www.nytimes.com/2022/03/08/world/europe/venezuela-russia-oil.html
More worrying is that Russia exports a lot of grain and fertilizer to these same countries, so increase in prices of those exports are going to make food riots a possibility in some OPEC countries like Libya and Algeria.
Russia also now said it will cut off gas to Europe if oil is sanctioned.
https://www.bbc.com/news/business-60656673
I can't imagine a better time to be a shale oilman than if it hits $300/barrel, either.
Interesting thread on maps of the Russian invasion and how they can be misleading...
View: https://twitter.com/MaxCRoser/status/1500113886070071303?s=20&t=TNV_RotuKvnpkqjncG-Ejg
It's important to keep in mind this is mud season. There is no "off road" in the rasputitsa. It swallows trucks and tanks alike. War of roads means roads are the control: the maps are essentially identical but one just highlights how little you can move off road. This explains the mega convoy is not simply filtering into nearby woods and terrains as it might in more solid ground like the South African veldts or a North American parking lot: they would get stuck like the Pantsirs have been getting stuck.
It may change if the war drags on long enough for mud season to end, but that seems unlikely as it looks like a peace settlement will be reached before then, as both Russian and Ukrainian negotiators have made "steady" progress (according to both sides).
https://www.cbsnews.com/newyork/liv...ne-news-war-vladimir-putin-nato-fighter-jets/
In a more bizarre twist of the truth, perhaps a sign of the times I guess.
https://www.bbc.com/news/60589965
Conspiracy theorists really be out in force.
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