Official 2022 Russian Energy Shock Thread

[Orbital-Fetus]

Shaq is far from retarded. He just sounds like it.

my man said half of 80 was 20...multiple times!

 

[ill]

All I’m reading in response to this thread is some variation of blah blah fossil fuel dependency… why is that the responsibility of regular people who have already been ravaged financially by covid? Is there any consideration for the working people outside of protecting them from Putin and Democratic values nonsense?

Russia bad. America good. So we won!!
/thread


Thats all that's needed for most of these dudes. They don't actually care about the nuances.

I get exactly what you’re saying and it’s hilarious that liberal posters are talking that bullshyt.
Talk about going against your own self-interest


Gas prices were trending up partly because Biden cancelled the pipeline and implemented policies to favor EV.
Instead of opening up home grown oil production, he’s courting previously hostile nations because foreign oil = good and clean and domestic oil = dirty and bad for the environment.
We're heading to a global recession and possible depression in the next year and these guys think your average person should buy a Tesla to weather the storm

The best part is people actually think energy sanctions are going to cripple Russia. Its March. Winter in Europe is mostly over so they don't have to worry about gas prices for a few months. It'll be real interesting how much leverage Russia has come November when the cold comes back and Europe realizes its paying 8x for energy and the West won't be able to replace what they just lost from Russia. Never mind the fact Russia will just pivot to Asia (China, India) and build pipelines through their own territory thus not needing EU permits and approvals.

 

[YaThreadTrashB!]

biden inherited most of it, inflation, the energy shortage. but the dems' terrible politics isn't doing them any favors

"just go buy an electric car" is not the solution america is looking for



no one wants to hear this shyt. we want to hear what you're doing about gas THIS MONTH

Average price of ev is 56,000


Just go buy one tho

complete idiots

No one is forcing you to buy an EV. The automakers are planning to do that themselves. They haven't been spending hundreds of billions on EV R&D for nothing.

As for energy prices, the prices were rising rapidly due to the conflict, not this recent decision. You want energy prices to stabilize, you find ways to end the war.

Gas and food has been steadying rising for awhile now

 

[YaThreadTrashB!]

 

[thatrapsfan]

Of course multiple variables influence global oil prices and they cant be isolated to this sanctions decision.

But I dont see the rationale behind this.

America isnt a major importer of Russian energy, so it wont cripple Russias ability to finance the war. The most significant importer (Western Europe) remains opposed to energy sanctions, because of the impact itll have on their domestic consumers.

So why do anything to further stoke energy markets that are already on fire? The US Government should ultimately be focused on shielding its own citizens from fall out of the current energy spike.

If you want any evidence this policy will come nowhere near achieving its intended goals, consider that the US is simultaneously negotiating new deals with Iran and Venezuela as they impose this. In both cases, the sanctions did little to nothing to dislodge the Iranian or Venezuelan Governments or adjust their domestic and foreign policy. So why would they be successful now?

 

[Broke Wave]

Damn you used to be a decent poster at one time.

Well you’re really not gonna like this one


Kenya is unjustly and illegally occupying Somali land, killing Somali civilians and trying to steal Somali waters. You have yet to one time denounce the actions of that corrupt government and instead choose to parade the colonial flag which gifted my ancestral lands to colonial stooges.

 

[Broke Wave]

Russia bad. America good. So we won!!
/thread


Thats all that's needed for most of these dudes. They don't actually care about the nuances.

I get exactly what you’re saying and it’s hilarious that liberal posters are talking that bullshyt.
Talk about going against your own self-interest


Gas prices were trending up partly because Biden cancelled the pipeline and implemented policies to favor EV.
Instead of opening up home grown oil production, he’s courting previously hostile nations because foreign oil = good and clean and domestic oil = dirty and bad for the environment.
We're heading to a global recession and possible depression in the next year and these guys think your average person should buy a Tesla to weather the storm

The best part is people actually think energy sanctions are going to cripple Russia. Its March. Winter in Europe is mostly over so they don't have to worry about gas prices for a few months. It'll be real interesting how much leverage Russia has come November when the cold comes back and Europe realizes its paying 8x for energy and the West won't be able to replace what they just lost from Russia. Never mind the fact Russia will just pivot to Asia (China, India) and build pipelines through their own territory thus not needing EU permits and approvals.

All these future scenarios are obvious to anyone who is paying attention. If the intended target of the sanctions is Russian oligarchs and Putin, lol. If the intended target is the Russian people, that is cruel and nonsensical but now we know that it will be mostly ineffective due to emerging markets like Africa and East Asia’s new demand in the last 4 years.
But if the intended target is the citizens of the west, their bank accounts, the trillions of dollars given out by western governments during COVID, increased social control and censorship, maybe you can see this entire Ukraine episode as a highly effective mission by special interests rather than some freedom mother russiya Merica Ukrainiya Solidarity war story. East vs West ice Cold War meme battle.

 

[Robbie3000]

Well you’re really not gonna like this one


Kenya is unjustly and illegally occupying Somali land, killing Somali civilians and trying to steal Somali waters. You have yet to one time denounce the actions of that corrupt government and instead choose to parade the colonial flag which gifted my ancestral lands to colonial stooges.

 

[Broke Wave]

If you want to change the subject to something totally unrelated like the supposed reduction in my “posting quality”, I can pivot the discussion to something more pertinent like your implicit support of Kenyan Aggression against Somalia.

 

[Spidey Man]

Next time somebody attacks the Saudi oil fields we should just decline the call. Let them handle it on their own

 

[Spidey Man]

Oil prices tumble after UAE says it wants OPEC to increase production - CNN

At least the UAE knows what's up. Get down or lay down

 

[thatrapsfan]

Iran nuclear talks on hold over last-minute Russian demands

Russians blocking Iran deal - so doesnt look their supply will be on the market anytime soon.

UAE also walked back their statement re: increasing production:

UAE says it is committed to OPEC+ agreement, monthly mechanism

 

[d3koms]

The USA needs to start drilling!

 

[MischievousMonkey]

‘Defining moment’: how can the US end its dependency on fossil fuels?

“Biden is in the ideal position to declare a national climate emergency and use his existing emergency powers to push the accelerator on renewable energy,” said Jean Su, senior attorney at the Center for Biological Diversity, one of the signatories.

“There’s a war with a fossil fuel oligarch and we are in a climate war, so we need to attack this on a wartime footing. The best thing we can do is defend the world from the violence of fossil fuel combustion. This is the defining moment of the Biden presidency and of the climate emergency itself.”

The burning of fossil fuels also directly kills nearly 9 million people around the world each year from toxic air pollution and is the primary driver of global heating that scientists warn will acutely harm half of the planet’s population. The International Energy Agency has warned no new fossil fuel projects can commence if the world is to avoid disastrous climate change.

[...]

Freeing the US from its ravenous appetite for oil, gas and coal will be a sizable task. Nearly 80% of US energy consumption comes from fossil fuels, with the country burning through around 20m barrels of petroleum, around a fifth of the global total, every day. The US is the world’s leading crude oil producer and imports a large volume of oil – usually heavier, thicker product than it can pump at home – from other countries. Four million barrels of oil flow each day from Canada alone.

“The clean energy tax credits and other provisions would really catalyze the industry and achieve significant reductions,” said Orvis, who has calculated that the support for wind, solar and electric cars would slash US oil demand, make 70% of the electricity grid run on clean energy and ensure around half of vehicle sales are electric by 2030. Wind and solar grew at the fastest rate in US history last year.

The ailing coal industry could be phased out “fairly easily” within a decade, according to Orvis, although further federal, state and city standards and incentives are required to cut pollution from buildings, manufacturing and the remaining car fleet, promote energy efficiency and to install heat pumps in place of gas-fired furnaces.

The oil and gas industry, and its allies in Congress, has a different framing of the concept of “energy independence”, accusing Biden of stymying a vast increase in drilling on public land even as it sits on millions of acres of unused permits in order to reap the benefits of an oil price that has hit near record highs.

“The first, immediate action item is to increase our domestic oil and gas production on both federal and non-federal lands,” said Joe Manchin, the centrist Democrat and Senate energy committee chairman who has accused Vladimir Putin of using energy as a “weapon” against the US and whose opposition has so far blocked the passage of Build Back Better.

Experts say an increase in domestic drilling would take months, or even years, to influence gasoline prices that are determined by the vagaries of a global oil market. “The idea of energy independence is sort of ridiculous, oil is a global commodity and we export a lot of oil and gas ourselves,” said Michael Webber, an expert in energy resources at the University of Texas.

The oil lobby is kicking Congress and America's ass.

 

[Secure Da Bag]

This has been the most disastrous administration for average Americans in any of our lifetimes. Not even the financial crisis in 08 can match the scale of destitution and poverty that grips the western world on such a massive level.

Trump gotta an account here now?