The newer Saker Community Translations team recently uploaded videos to BitChute with hard subtitles. If problems occur with making the below embedded video full-screen, go to this link: https://www.bitchute.com/video/Cg5IjCKoDvk7/
Bridging the communication gap about gas, oil and tankers, money and the failure of embargoes!
Drill Germany another a*shole, which makes 3, and dangerously approaching the scrotum from the south. Any more holes will need to be drilled on her flanks creating a cauldron type approach to the excrement build up.
Poor saps, if you’re a German there are 2 options, you either shoot yourself in the head or take to the streets with ropes.
A metaphor for the USUK North American Terrorist Organisation.
https://t.me/lu_di_z/4604
LOL.
I guess the little dog sitting atop of the bulldog barking is the EU.
Well maybe the Bulldog (the US) is beginning to have second thoughts about NATO.
Republicans drift away from supporting NATO
The Washington post
29-04-2022
After President Donald Trump threatened to upend NATO during the alliance’s annual summit in 2019, House lawmakers passed the NATO Support Act, with 22 Republicans voting against the measure.
This month, when a similar bill in support of NATO faced a vote in the House, 63 Republicans voted against it.
The vote underscores the Republican Party’s drift away from NATO.
Rep. Warren Davidson (R-Ohio) objected to NATOs direction, which places too large a burden on the US.
The resolution’s affirmation of “unequivocal support” for Ukraine risks being mistaken for unconditional support. Davidson also objected to the resolution’s endorsement of the Center for Democratic Resilience, which he called: “designed to meddle in other countries’ domestic politics.”
Tommy Vietor, a Security Council spokesman under President Barack Obama, said:
“There’s an important conversation to be had about NATOs expansion and whether it was well-thought-through.”
Some news from Slovenia about sanctions. First about gas. We are connected to 3 border countries. We get gas from Austria (Russia). We used to get some from Italy (Algeria). But now Italians also import some Russian gas and use all Algerian. Italians wanted to build gas terminal near Trieste. Our country was against and also local Italians including municipalities. Last year Croatia opened a terminal for gas on Krk island. Our government tells us that we don’t need Russian gas. The minister of infrastructure visited Croatian gas terminal last month. He also visited Qatar. He will get gas from there to Croatia and than to Slovenia and all the problems will be gone. But he has forgotten something very important. Qatar needs a few years to increase production. Terminal on the Krk island is busy for next two years. Almost no free space left. Gas line from Croatia to Slovenia is to small (only 25 – 30%) of consumption needs. But still no problem: Croatia will build second line by the first one. So, our minister is saying: no problem. Of course everbody knows the procedures of building something in Eu. It takes years. First changing building plans, than environmental study, than getting building rights from owners, than building permit and at last building. And the main question: will the neighbours first build for us or something for themselves?
So, this is how our rulers behave. Like children with no logic.
Securing alternative gas supplies is one thing. Paying 20%, 50%, or 100% more for gas is quite another. Slovenian industry may become uncompetitive with those countries outside the EU who still buy Russian gas.
This is the point that my stupid European fellows don’t understand.
Why do this gorgeous minds think that we were buying Russian gas?
Ok, they are really stupid, so they believe that we were buying because we were over trick (how) by Putin.
When the only reality is that the Russian gas is the cheaper in the world, even without counting the transportation.
Europe and US are dammed, and they are dammed because they have made 90% of the Western population stupid, short and uncultured.
Well, Slovenia asked for it. Remember, 1991. Yet, Serbia has all gas they need, from Putin directly. Happy journey to civilized Europe seems to have ended, :-(
Excellent analysis, great explanations, a video that should be shared amap.
After all, we are living a colossal farce.
Thank you so much.
Some minor editing quibbles: I’m thankful for the subtitles, but there’s more editing that needs attention. The speaker speaks too fast, with no pauses. That means the subtitles are too dense to read. When pausing the video to catch up. YouTube blanks the subtitles accidentally. If the subtitles are positioned on the TOP of the screen, a reader such as mysdelf could pause the YT player to sort out the subtitles and the other on-screen video content. The way it’s presented, I have missed most of the content while trying to sort out the playback.
Regardless, I’m thankful that someone’s trying to present this information to the English-speaking audience!
Click on settings, adjust speed to 0.75 revolutions.
As always who loses? The little people! The corporates still make lots of money , as do oligarchs -both the same- and just for this moment perhaps on opposite sides of the table. So the elephants make war and who suffers the most…the grass.
It is the little people dying and suffering , all so Ukraine elites /nationalists – a very small proportion of its people – benefit with the elites of NATOUSISRAEL, again only a small proportion of their people.
I say we do need Western leaders hanging from the lamp-posts again ; as the former have captured the state and are not in the least bit afraid of the people, in part due to the peoples’ own fault, being sheep.
A return to pitchforks and hangman’s ropes ,I say, to clean up this stinking Augean Stable…
Embargo failure? Of course!!!!
Gail Tverberg has some interesting analysis. i especially concur with this one paragraph:
“Saying that the Ukraine invasion is causing the current high price is mostly a convenient excuse, suggesting that the high prices will suddenly disappear if this conflict disappears. The sad truth is that depletion is causing the cost of extraction to rise. Governments of oil exporting countries also need high prices to enable high taxes on exported oil. We are increasingly experiencing a conflict between the prices that the customers can afford and the prices that those doing the extraction require. In my view, most oil exporting countries need a price in excess of $120 per barrel to meet all of their needs, including reinvestment and taxes. Consumers would prefer oil prices under $50 per barrel to keep the price of food and transportation low.
https://ourfiniteworld.com/2022/04/21/the-world-has-a-major-crude-oil-problem-expect-conflict-ahead/
A crisis is approaching and her last paragraph well see for yourself…
Another one of Gail Tverberg’s precipitant observations is that the Russian/Ukrainian crisis might be a fight over oil supplies … just as the US attacks on Iraq, Afghanistan, Lybia, and Syria were really about oil supplies and routes for pipelines to ensure that the “sea people” continued to control global commerce. I would like to understand the reasoning behind that vector. Can anyone help?
Look into the coal, gas, and oil reserves in the Donbass and it becomes clearer why the bankroller of Azov twisted Poroshenko’s arm to initiate his ‘ATO’.
I would like to know more of the details as well. However, generally, one can see it as the ability to modulate the price. I believe that is the whole idea behind Climate Change scare. It is not anti-fossil fuel (as it marketed t us) but allows the United States to modulate the price, amount on the market and the distribution. If say a country like Russia were allowed to fully develop its natural resources in conjunction with a nation like China (that can use the resources) it would destroy the hegemony of the West. Likewise the threat of Nordstream II between Europe and Russia. John Mearsheimer suggests that US foreign policy is all about preventing the emergence of another regional hegemon, which could challenge the United States… and that can be accomplished through finance (IMF/WB) , resource allocation or the military.
@ Rokossovsky and GoDark…
Look into geography? An interesting piece here on the why of the Afghanistan War. Very interesting!!!
https://www.theoccidentalobserver.net/2022/04/28/unpronounceable-name-incomprehensible-policies-zbigniew-brzezinski-the-afghanistan-myth-and-what-it-means-for-ukraine-ukraine-part-i/
Raises too many questions and what are the true motives underlying so much of what is occurring?
Oligarchies or the wealthy in any case are control freaks, serious Control Freaks!!! To wake up one day and realize Uh, O, our oil supplies are in the hands of our enemies would lead too many a sleepless night.
Take England for example they had no choice but to invest some trillion dollars to bring the North Sea online. Can you imagine having to depend upon foreign owners of oil and having to pay them for it? and then alas what shows up but cost increases because guess what oil needs to be mined out of the ground or sea and few are able to pay the cost for that extraction.
As for Saddam and the Middle East his threats and then actually blowing up wells and setting on fire reserves must have been very distressing for places like the White House, Langley, the Duma and Tel av?
“As for Saddam and the Middle East his threats and then actually blowing up wells and setting on fire reserves must have been very distressing for places like the White House, Langley, the Duma and Tel av?”
I believe that the U.S. bombed many of those oil wells during the war and blamed it on Saddam.
It’s well known fact that price of electricity started rise fast from June 2021. Same with raw materials generally. For instance price of litinium peaked before Feb 2022 and have stayed on high level since that. In Finland electricity market price has almost trippled since may 2021. This is the result of combination of green world fantasy, emissions trading, boneheaded German nuclear energy abandoning and not so good production of wind energy. After COVID 19 lockdown all European energy weaknesses have been revealed.
The whole European energy survival is based on folks praying for God giving windy days, for instance 10 m/s. Every 2 m/s is nightmare for consumers and business.
Depletion is local and temporary. There is no overall problem. The Tverberg article is, at least in part, a smokescreen to hide the simple fact of the matter:
The CAN/F/UK/US war in the Ukraine is designed to break Europe’s energy supply from Russia (and possibly the Middle East as well, in a later stage), and re-empower the F/UK over their former African colonies to get the oil from there, the same as to further empower the US as gas suppliers to Europe.
All Europe needs to do in order to make this plan fail is to start taking their own interests in their hands: liberation from American rule. => deNATOfication, Ent*Ami*fizierung
What is Moscow waiting to finally decapitate Kiev junta?It should have been done in week 1.
If the kiev ”power” is not decapitated, Poland will enter western naziland and Transnitra will follow or preceed.
Untill they don’t get a ‘real’ lesson(first kiev), I mean a REAL’ one, then second level countries Poland +
Romania), this war will never stop believe me, I have been writting this on this blog since week one.
It is simply logical.
I broadly agree with your view. The usual answer given to your question is “Russia was not yet strong enough.” This justifies the delay. However, Russia now has a range of weapons that give it supremacy. At least that is what is implied.
The West is often written off, for one reason or another. It should NOT be underestimated. It is strong, cunning, and evil. History proves this.
Now is the time for the genuinely free world (not shackled by the USA) to ‘ditch the dollar’ (the true source of USA might) and to ‘frighten the bejabers’ out of the West by a carefully calculated display of Russia’s strength: Kinzhal, Poseidon, Sarmat/Zircon, and Avengard, perhaps in concert with other freedom-loving countries (China, North Korea, Iran, etc)?
@war is on
“It is simply logical.”
Whose logic? We don’t know what the Russian General Staff is aiming at. Your assumption is that the objective is simply to defeat the Ukraine into submission on the battlefield, in which case your point is valid. But there maybe other considerations at play and I am not going to speculate what they might be because I might reveal Russian state secrets of my own!
Nevertheless, I can give a hint: if the intent was to defeat the Ukraine militarily, Russia would have decimated the Ukrainian armed forces and the political-administrative organs of the state within the first four weeks or so by stand-off continuous bombardments without endangering its own troops on the ground. It seems the Arbat people have in mind bigger fish to fry.
Oil and other fossil fuels will ALWAYS find their way to market.
Any attempt to prevent this will only raise the price and make the fuels more valuable.
Russia will have no problem selling every drop of oil and every cubic foot of gas it produces. If one country doesn’t want it, another country will. And the big losers will be the countries that have to pay more to export energy from more expensive sources.
Over the next couple of years many countries will decide that it is more in their interest to have good relations with Russia than to support the expansionist policies of a failing super-power on the other side of the world.
@ Ray
Yes, but as Gail Tverberg argues if the cost of extraction was lets say 200.00 a barrel of oil, the oil would be just left in the ground. Why? Nobody works for nothing. Few would be able to afford the finished product. that is why her argument revolves around affordability. What our economies need is cheap to extract oil so the producers need high oil prices to afford the investment in new fields and such as compared to the consumer which needs low prices. I work in the oil and gas sector and her argument about if only the wages of non elite workers could rise high enough to pay the increasing inflation of everything we likely wouldn’t have a problem but that clearly is not occurring. I see that every single day and its reaching a breaking point for many. Many in fact haven’t seen a raise in years and are asked to sacrifice even more for the company? Not good news but where will it ultimately end is the big overriding question?
First, the high cost of extraction principally affects the shale oil industry in the US, as can clearly be seen in the figures Tverberg provides.
Second, the oil would be produced regardless of the price in dollars or any other currency because the oil is needed and money is only printed. The true threshold of inefficiency is when more energy is needed to extract the oil than can be derived from it.
@ Lumi
Yes, EROEI. But money is only printed? Stop and look at wages of especially those of us who are non elite workers. In the manufacturing company i work in, natural gas field, it is acute to say the least. I can tell you to that one of our directors said at a townhall some years ago they would be happy to just break even. The losses have to stop!
Further the world may be still awash in oil like for example the Leviathan field in the Med. I however, have great doubts that just the Greeks consumers could ever afford the gas produced from that field.
And that reminds me when massive layoffs occurred in the Alberta oilsands and they shut down some of its production I came across at the end of that week an article that a brand new offshore rig left Nova Scotia to begin production off the grand banks somewhere. For all this to appear in the same week raised in my mind well look at that they can’t do both? they cut back in one area to start up in another?
Affordability? and its not just the shale industry, the oilsands is a mining operation and refining that is expensive?
I’ve also come to see that competition among oil companies is detrimental and are being forced to work together now.
Everything is interconnected as Gail rightly says “a self organizing system where everything is interconnected!!!”
Unbelievable, it is all BS………… ha ha ha. The game keeps right on rolling.
Nice video, thank you guys. :)
Instead of outright theft of Russian resources through warfare and financial attacks, European arrogance calls for prices set by themselves, for political reasons, rather than their ‘free market democracies’. Oil companies will continue to make money selling Russian oil. They had no problem betraying the West for the Nazis in WWII, and have no problem betraying Nazis for the West, as long as they make money, and no one challenges their right to set foreign policy.
I speculated as early as in 2003 that whole global warming agenda was based on lack of western hydro carbons. Now if 100 million cars moved to electricity it hardly cut much of oil demand. 100 million cars are using perhaps 1.5 ton gasolin (9.4 barrel) each annually. This move will reduce need of oil 2.5 million barrel daily. That’s just 3%. Similar to two years growth of world population.
We have good reasons to estimate that world needs 80 million barrels oil daily during 2030’s even if this wet dream of electric car revolution will come true.
Just like before the first world war resources are being directed to where they are not feeding the enemy but strengthening your allies. Economic total warfare which includes outright theft is now well underway and great damage is being done on both sides. The EU is now a defeated disaster with no energy policy that is doable in place and no energy stored. Using backflow to send gas to the ones who are cut off but not cut off. Industry in Germany is in great peril if the idologs in charge continue down the road they have chosen. Now that they have emptied their treasuries and armories for their proxy war in Ukraine the EU makes lots of noise but has no bullets. America is almost in revolt against Biden with prices getting out of control and a leader who cannot lead for reasons obvious to all. He and his advisious could do anything they are sacrificing thousands in Ukraine could we see Biden throw Poland into the fray they are willing. This is getting wildly out of control for the west every day that passes is a day closer to when Biden and company will make the wrong move and lite the entire world on fire.