Punishing Russia With Sanctions
POSTED BY: THG
UPDATED: Tuesday, August 4, 2026 04:52
VIEWED: 33436
PAGE 29 of 63
Quote:
Originally posted by THG:
A change for the better for sure.
Get back to me when their already expensive petrol prices jump even higher.
Then watch what happens here in November.
--------------------------------------------------
Me: "Remember Covid?"
Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"
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Quote:Same as in 1972, when the poor white trash voted for the Republican Party, followed by the oil crisis. It was an excellent transfer of poor white trash money to the wealthy Texas oil men. The old men at the Petroleum Club of Houston still reminisce about how it was a great time to get richer.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by THG:
A change for the better for sure.
Get back to me when their already expensive petrol prices jump even higher.
Then watch what happens here in November.
https://en.wikipedia.org/wiki/1972_United_States_presidential_election
https://en.wikipedia.org/wiki/1973_oil_crisis
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Back on-topic
Quote:
What Can Be better Than Stealing?
More stealing! LOL, Germany wants to expropriate Russia-owned refineries in Germany. Now, Poland wants the piece of the action too.
As Poland desperately attempts to restore the flow of Russian gas to the country, its government has ordered Russian Novatek to hand over pipeline infrastructure or face legal action amounting to infrastructure expropriation. On Friday, a Polish government spokesman told the Associated Press that Russian Novatek Green Energy had been ordered to make its pipelines available to Polish companies and that failure to comply would mean legal action. Invoking crisis management laws, AP cited government spokesperson Piotr Mueller as saying that the fate of Novatek, Russia’s second-largest natural gas producer, “depends on whether this Russian firm, linked to Russia, will cooperate in the proper way …. whether the employees, acting on some instructions, will not be trying to block this process in some way”.
But, wait a minute, it was Poland, if my memory doesn't fail me, who wanted spot-pricing initially, which drove prices through the stratosphere, and then Poland underscored at every opportunity her independence from Russian totalitarian gas. And now she is desperate. Oh my, such a Polish thing to do. Sure, let Poland cease [seize- SIGNY] the pipe-line, see what happens. Polish political top brass should recall a fundamental principle of any war, bet that hot, cold or merely economic. It reads like that: war is a very democratic affair--the enemy also has a say.
Understanding this fundamental principle seems to escape the minds of EU "elites" and as the result each time they get slapped in the face by Russia they get hysterical and forget, in addition to other forgotten things, that normal governance, same as normal war-fighting, is done based on contingency planning. Russians do contingency planning 24/7 and the results are showing in the last 8 years.
MORE AT
https://smoothiex12.blogspot.com/2022/04/what-can-be-better-than-steal
ing.html
-----------
Pity would be no more,
If we did not MAKE men poor - William Blake
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Quote:
Originally posted by SignyM:
Back on-topicQuote:
What Can Be better Than Stealing?
More stealing! LOL, Germany wants to expropriate Russia-owned refineries in Germany. Now, Poland wants the piece of the action too.
Vladimir Putin threatens to seize assets of Western businesses that have left Russia
Russian President Vladimir Putin responded Thursday by saying that if foreign companies shut down production in Russia, he favored a plan to “bring in outside management and then transfer these companies to those who want to work.”
https://www.usatoday.com/story/money/business/2022/03/13/russia-putin-
threatens-to-seize-assets-of-departing-western-companies/7026192001/
Putin Allows Russian Airlines To Steal Foreign Aircraft
Putin’s new law lets airlines register foreign planes in Russia
https://onemileatatime.com/news/putin-russian-airlines-steal-foreign-a
ircraft/
I've been reading about Putin doing this long before your post comrade. I guess other countries decided if Putin's going to do this so should they.
T
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How to slash Putin’s oil revenue, avert a price shock for the West and fund Ukraine reparations
(Craig Kennedy is an energy professional. He is writing a book on the history of Russian oil and civil society.)
The West today is by far Russia’s largest customer, absorbing some 6 million barrels a day of Russian oil — over half Russia’s total output. By contrast, Russia’s export infrastructure to Asia is relatively modest. The first and only pipeline to China and the Pacific wasn’t completed until 2019 and carries less than 15 percent of Russia’s total output.
So, what would happen to those 6 million barrels a day if the West stopped buying? Russian officials have threatened to send it “elsewhere,” while the media have focused on stories of stepped-up sales to China and India. But this threat of a redirection to Asia is a paper tiger.
To begin with, Russia’s pipeline capacity to Asia is already full. This means the redirected oil would need to travel by sea from terminals on the Black Sea and the Baltic. To move that much oil over such a long distance would require some 230 supertankers — 30 percent of the global fleet — operating day in and day out. Such a massive seaborne flotilla (if it could even be chartered in the first place) would require a small army of third-party enablers: marine insurers, bankers, commodities traders, vessel owners, etc. Some of these third parties have already been avoiding the Russia oil trade, fearful of current sanctions. If the West imposes a full, coordinated embargo on Russian exports, including sanctions on third parties enabling the trade, most ships in the flotilla would never set sail. The sanctions risk would be too great. Instead, the volumes previously flowing West would end up “stranded” on Russian shores.
Which begs the question: What would Russia do with all that stranded oil? The answer highlights Russian oil’s second strategic vulnerability. Russia lacks large-scale storage capacity, so the only option would be to leave all this oil in the ground — that is, not to produce it in the first place. Known as “shutting in production,” this scenario would be severely damaging to Moscow for several reasons, some self-evident others less so.
Most obvious would be the loss of vital export revenues. Less evident, however, is the extensive damage a prolonged, large-scale shut-in could do to Russia’s upstream production capacity. Russia is not like Saudi Arabia, where advantageous geology and advanced infrastructure create immense swing capacity — the ability to vary production levels quickly and efficiently. Most Russian oil wells have meager flow rates and poor economics. A prolonged, large-scale shut-in would mean laboriously closing tens of thousands of these marginal wells, many of which could never return to profit. It could also compromise complex pressure maintenance programs critical to field profitability.
Restoring lost production capacity at marginal fields after a long shut-in would be a very slow and costly process — if it is possible at all. When Russia suffered a major drop in production in the early 1990s, it took over a decade, along with large amounts of Western capital and technology, to restore production to its previous levels.
Beyond operational consequences, there would be still other negative consequences of a shut-in. It would weaken support for Putin in Russia’s important oil producing regions. It would erode Russia’s standing in the OPEC+ cartel, and it would put Russia’s export market share at risk. Finally, it would deprive Putin of the key source of economic rents used to maintain his authoritarian rule.
With diversion to Asia a chimera and shutting-in a catastrophic risk, Russia turns out to be far more reliant on the West to absorb its oil than many Western policymakers may realize. And this dependency gives the West the leverage needed to impose smart oil sanctions that can achieve Western objectives while minimizing self-harm.
How would such sanctions work? Western governments would start by announcing a full em
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Quote:
Originally posted by second:
How to slash Putin’s oil revenue, avert a price shock for the West and fund Ukraine reparations
Democrats don't get to tell you any of that.
Gas prices were already well over a dollar more per gallon than they were a year prior, before you were able to point out Ukraine on a map.
--------------------------------------------------
Me: "Remember Covid?"
Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"
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Quote:I have been in the meetings where the price of fuel is decided. Politicians have no way of changing those prices, except in countries like Venezuela, Libya, Iran. By the way, those 3 countries are selling a gallon of gasoline for less than 20 cents. US Refineries could sell it that low, but why would they? The US government will have to nationalize the refineries and oil fields before that happens. It has happened before, during WWII prices were set by the Federal government, but not since. I am not worried or sorry that Americans can't understand how fuel prices are set, but that is your problem. I set prices, so tough luck for poor white trash who are buying fuel.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by second:
How to slash Putin’s oil revenue, avert a price shock for the West and fund Ukraine reparations
Democrats don't get to tell you any of that.
Gas prices were already well over a dollar more per gallon than they were a year prior, before you were able to point out Ukraine on a map.
Venezuela Gasoline prices, US Gallon, 25-Apr-2022
https://www.globalpetrolprices.com/Venezuela/gasoline_prices/
https://fred.stlouisfed.org/graph/?g=OJU5
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Two, send me money buddy. Lots of it. We're friends, right?
T
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Quote:Did you ever hear of John D Rockefeller? He didn't become a philanthropist until after he retired. I'm not retired.
Originally posted by THG:
Two, send me money buddy. Lots of it. We're friends, right?
T
Rockefeller and associates controlled almost all oil production, processing, marketing, and transportation in the United States. The Sherman Anti-Trust Act broke up Mr. Rockefeller's Standard Oil Company and Trust in 1911, but by the 1970's it was obvious to me that all those former parts of Rockefeller's Trust had reassembled themselves to take the maximum amount of money away from Americans. That is why the price of gasoline goes up and down in synchronization at all gas stations. They are adjusting prices to take the maximum possible money from fuel buyers. Between the cracks separating those big oil companies there was room for little people like me, all thanks to the Sherman Anti-Trust Act.
Fortunately for people who sell fuel, there was no 20th Century version of Senator John Sherman to draft a new and more effective version of the Sherman Anti-Trust Act to handle this obvious collusion (a word incorrectly used about Trump/Russia but actually describes what oil companies are still doing in the 21st Century).
It is possible to draft legislation to control not just American gasoline prices, but also the price Putin gets for his oil. That article explains how Putin could be bullied into lowering his prices because of the geology of Russian oil fields: https://www.politico.com/news/magazine/2022/04/26/sanction-russian-oil
-without-hurting-west-00027478
https://www.britannica.com/topic/Standard-Oil
https://www.archives.gov/milestone-documents/sherman-anti-trust-act
The world’s largest oil companies are churning out massive profits in the first few months of the year even as they face uncertainties created by Russia’s war with Ukraine.
https://web.archive.org/web/20220430185559/https://www.houstonchronicl
e.com/home/article/Oil-majors-Exxon-and-Chevron-yield-hefty-profits-17137826.php?utm_campaign=CMS%20Sharing%20Tools%20(Mobile)&utm_source=t.co&utm_medium=referral
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by second:Quote:I have been in the meetings where the price of fuel is decided. Politicians have no way of changing those prices, except in countries like Venezuela, Libya, Iran. By the way, those 3 countries are selling a gallon of gasoline for less than 20 cents. US Refineries could sell it that low, but why would they? The US government will have to nationalize the refineries and oil fields before that happens. It has happened before, during WWII prices were set by the Federal government, but not since. I am not worried or sorry that Americans can't understand how fuel prices are set, but that is your problem. I set prices, so tough luck for poor white trash who are buying fuel.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by second:
How to slash Putin’s oil revenue, avert a price shock for the West and fund Ukraine reparations
Democrats don't get to tell you any of that.
Gas prices were already well over a dollar more per gallon than they were a year prior, before you were able to point out Ukraine on a map.
Venezuela Gasoline prices, US Gallon, 25-Apr-2022
https://www.globalpetrolprices.com/Venezuela/gasoline_prices/
https://fred.stlouisfed.org/graph/?g=OJU5
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
I've paid about $150 for gas so far this year. I'm not worried about me, honey.
So why was gas only $2.20 here almost the entire time Trump was President?
Oil companies were just being nice between 2016 and 2020, huh?
Don't break your back shilling so hard.
--------------------------------------------------
Me: "Remember Covid?"
Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"
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