The war in Ukraine is draining Western munition stockpiles

The United States alone has given more than 1 million artillery shells, according to a report from the Department of Defense. But the U.S. is not alone. Although not to that scale, European nations have been steadily aiding Ukraine’s defense efforts. Now other allied nations are starting to worry they won’t have enough armaments for their own self-defense. The Associated Press reported that European nations are worried about their arms supplies should Russian aggression reach them.

The war in Ukraine is draining Western munition stockpiles

Biden Is Running U.S. Energy Security Into The Ground

The White House divulged late on Tuesday its plan to release 15 million barrels of crude oil from the strategic petroleum reserve to be delivered in December, as the last tranche of the emergency 180 million barrel release that the Biden Administration announced in March.

Biden Is Running U.S. Energy Security Into The Ground

Related:

Biden Manipulates Oil Price To Buy More Votes

Since its inauguration the Biden administration has sold more than 220 million barrels from the 650+ reserve. Refilling it at $70/bl, nearly $50 per barrel more than Trump was going to pay, will be quite costly.

Payback For OPEC+ Cuts? Biden May Press U.S. Companies To Limit Saudi Business, Report Says

Payback For OPEC+ Cuts? Biden May Press U.S. Companies To Limit Saudi Business, Report Says (archived)

The Biden administration wants to leverage U.S. companies with ties to Saudi Arabia but without sacrificing regional security efforts, according to the report.

The Biden administration will immediately begin scaling back its diplomatic and military activities in Saudi Arabia, at least until OPEC+’s next meeting on December 4, NBC reports, citing an unnamed senior administration official who said the meeting will “be a key test” of how OPEC+ will respond to European Union sanctions that ban Russian oil imports, effective December 5.

The OPEC+ conglomerate–a Saudi-led alliance of oil-producing countries, including Russia–plans to curb oil production by 2 million barrels a day beginning in November. The move, characterized by the Saudi government as an effort to stabilize energy markets, is expected to increase global oil prices and raise gas prices. The Biden administration has vowed “consequences” for Saudi Arabia over the announcement, and Democratic lawmakers have urged the president to halt arms sales to the kingdom, but the White House has yet to announce how, exactly, it will retaliate and is not expected to do so until Congress returns from recess after the November midterms.

The Straw That Broke the Camel’s Back: The Best Way to Respond to Saudi Arabia’s Embrace of Putin

The Best Way to Respond to Saudi Arabia’s Embrace of Putin

But this claim is unjustified. OPEC has never cut production in such a record tight market and these production cuts will lead to unsustainably low oil inventories, sending the price of oil skyrocketing out of any “acceptable band.” Furthermore, the G-7 oil price caps plan is not targeted at OPEC; it is strictly limited to Russian oil.

Nor can this Saudi move be justified by the non-existent global recession its leaders cite. Presently markets are very tight, with lush 73 percent profit margins for Saudi Arabia. In other words, there was no immediate need for Saudi Arabia to reduce supply unless they were seeking to harm the U.S. to the benefit of Russia.

Non-existent global recession?!? Low oil inventories?!? Maybe Biden shouldn’t be releasing our oil from the Strategic Petroleum Reserve?! As for never cutting production, before, looks like they have!? 🤷🏼‍♀️

She’s a Doctor. He Was a Limo Driver. They Pitched a $30 Million Arms Deal.

She’s a Doctor. He Was a Limo Driver. They Pitched a $30 Million Arms Deal.

The Biden administration encourages private sector deals for several reasons. It saves the Pentagon from further depleting its own armory after months of sending arms to Ukraine. And private sellers can provide weapons that the government cannot — like the Soviet-style weapons* already used by Ukrainian soldiers.

Whether the deal goes forward or not, the BMI documents show that the Ukraine war presents an opportunity to charge big prices. The bullets that Mr. Zlatev planned to sell were 50 percent more expensive than those publicly listed by other vendors. His grenade launchers were selling for more than twice what is listed on a price list for United Nations peacekeeping forces. Experts say these increases typically help pay the middlemen — at the expense of a nation in the middle of a war.

*Wonder if they’ll buy these?! 😉