Tag: embargoes

Sahra Wagenknecht SMASHES the US’ double standards

Tina Marie (Ms. Cat)

We depend on Russia more than Russia depends on us.

Sarah Wagenknecht, the new star of German politics, puts German national interests first and is not afraid to call things by their proper names. In a new interview she states openly that the government has not yet found an alternative to Russian energy resources. According to Sarah, boycotting energy resources from Russia because of the military confrontation with Ukraine does not fit in with the logic of buying energy resources from Azerbaijan, which has shown aggression against Armenia, or the UAE, which has been bombing Yemen for years, and the US, despite the “impeccable democracy” often violates the international law.

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U.S. Officials Had a Secret Oil Deal With the Saudis. Or So They Thought.

Tina Marie (Ms. Cat)

After Saudi leaders pushed to slash oil production despite a visit by President Biden, administration officials have been left fuming that they were duped.

…

“I keep listening to, ‘Are you with us or against us?’ Is there any room for, ‘We are for Saudi Arabia and the people of Saudi Arabia’?” he said. “We will have to deliver our ambitions.”

U.S. Officials Had a Secret Oil Deal With the Saudis. Or So They Thought.

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

Tina Marie (Ms. Cat)

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.

Diesel Crisis Deepens As Inventories Fall To Dangerous Levels

Tina Marie (Ms. Cat)

Diesel Crisis Deepens As Inventories Fall To Dangerous Levels

Yet right now, U.S. buyers are snapping up diesel cargos from Europe in a way similar to how Europe has been snapping up LNG cargos originally meant for Asian destinations. And supply is not going up fast enough because there is not enough refining capacity for it to go up fast enough or even meaningfully enough. And this spells a lot more trouble for both Europe and the U.S., especially in the inflation department.

It was the first thing that came to mind. 🤷🏼‍♀️

EU Pushes For More Sanctions Which Will Come Back To Bite It

Tina Marie (Ms. Cat)

On February 22, two days before Russian troops entered the Ukraine, the U.S. and the EU put reams of sanctions onto Russia. They also confiscated some $300 billion of Russia’s reserves that were invested in the ‘west’. The sanctions had been negotiated between the EU and the U.S. and prepared for over several months.

EU Pushes For More Sanctions Which Will Come Back To Bite It