Tag: Energy

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply + More

Tina Marie (Ms. Cat)

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply (Archived)

Related:

The House voted to ban the import of Russian oil even though Biden already banned it by executive order

Bank of America predicts that a ban on Russian oil exports could push prices as high as $200 a barrel – and breaks down why this could trigger a global recession or stock market crash

But the strategists noted that the status of the United States as an energy independent country – meaning it produces as much energy as it consumes – could mitigate the impact of this. US-listed oil stocks Exxon Mobil and Chevron were both up by just under 1% Monday.

To Punish Russia The ‘Liberal Order’ Attempts To Suicide Itself

Tina Marie (Ms. Cat)

The ‘west’ had failed to understand Russia’s need to act. It has failed to make the necessary commitments, and accept Russia’s reasonable demands, to avoid the struggle. In consequence it will now fall apart. The knee-jerk reaction to Russia’s ‘special military operation’ in Ukraine will, as Alastair Crooke writes, lead to the end of the ‘liberal order’:

To Punish Russia The ‘Liberal Order’ Attempts To Suicide Itself