special ed
1st Sergeant
- 5,240
- May 13, 2018
Ad: This forum contains affiliate links to products on Amazon and eBay. More information in Terms and rules
That is all the sanctions are designed to do. They can't and won't impede ongoing military ops for some time to come, assuming Russia has laid in reserves of vital materials, which is my understanding.
I doubt that will happen. The Saudis are preventing OPEC from increasing daily production, keeping prices up; but most American oil productions nowdays (56% or so the last time I read) is from fracking or refining sand-oils (i.e. "tight oil"), which doesn't turn a profit above ~$45/bbl or so. Now, oil is at ~$110/bbl right now, but the low prices over the last three-four years have seen frackers etc go bust in America the last four years or so, and it will take some time to restart those ops.
Saudis can pull a profit at $12-14/bbl because their oil is easy to get at. The Russians need about $30/bbl to come out ahead, but with sanctions in place that number will surely rise.
If we go that route, Americans must be ready for $6/gal for gas, for the reasons given above.
I used to work in the oil and gas industry. I was going to comment in agreement and elaborate why, but I think it might go too far out of the topic realm. You covered it nicely…
I manage a gas station and pay attention to this stuff.
Sorry if I went too far off-topic, but I thought it needed addressing.
That is more a patch than a solution. The problem for the argelian gas is that the pipes from there to Spain and Europe run through Morocco and both countries are once again at odds (so bad this time that there are no ambassadors) and Morocco don't let the gas go by so it has to be carried by ship and there isn't any where near the transport capacity to ship all needed neither the capacity to process the natural gas back from liquid state to gas state.For example, Algeria has offered to increase production.
The P-39 rules and the Mustang, FW 190 and Spitfire were rubbish!Well, if things do turn nasty and we all get vaporized, at least we can console ourselves in the knowledge that we maintained the moral high ground....right?
The stuff I was going on was different but it's always good to get more info.I manage a gas station and pay attention to this stuff.
Sorry if I went too far off-topic, but I thought it needed addressing.
No you were good. I was going to jump into the economics that everyone ignores, which would have gone way out there. I decided to leave it alone.
The economics is why the sanctions do indeed matter, right? I know that they take more time to bite, and that the sanctions cannot and probably will not save Ukraine, unfortunately. But it beats all hell out of Global Thermonuclear War.
Volodymyr Zelenskyy Has Reportedly Survived 3 Assassination Attempts In The Last Week
The Kremlin has dispatched two separate groups of mercenaries to Kyiv in an attempt to kill the Ukrainian President.www.yahoo.com
Ukrainian National Security and Defense Council Secretary Oleksiy Danilov told a Ukrainian television network that anti-war elements in Russia's Federal Security Service (FSB) have been essential in helping foil some of the plots.
I used to be totally ignorant of macroeconomics before starting my Masters in Business Administration. I'm still no where near being an expert, but I really enjoy it now and understand it a lot more. My studies were eye opening to say the least.
One more week and I graduate!
The P-39 rules and the Mustang, FW 190 and Spitfire were rubbish!
i like you will graduate in BA but i don't see the connection within BA and macroeconomics can you explain?I used to be totally ignorant of macroeconomics before starting my Masters in Business Administration. I'm still no where near being an expert, but I really enjoy it now and understand it a lot more. My studies were eye opening to say the least.
One more week and I graduate!
The P-39 rules and the Mustang, FW 190 and Spitfire were rubbish!
The stuff I was going on was different but it's always good to get more info.
We should ship some Groundhogs to Ukraine and give those Russkies a taste of their favorite medicine!
And for good measure, send them Buffaloes -- lots and lots of Buffaloes.