OPEC+ To Cut Oil Production By 2 Million Barrels Per Day

OPEC+ To Cut Oil Production By 2 Million Barrels Per Day

The specter of OPEC+ even considering such a large cut as global oil supplies are tight has sent the Biden Administration reeling. White House spokesman John Kirby on Wednesday said that the United States needed to be less dependent on OPEC+ and other foreign producers of oil. The White House was reportedly in a panic leading up to the meeting, trying to prevent OPEC+ from taking such a “hostile act”. In the runup to the meeting, the White House unleashed Amos Hochstein, Janet Yellen, and Brett McGurk to plead its case with the Gulf Nations. Evidence suggests the move had zero effect.

Related:

White House Disappointed With OPEC’s ‘Shortsighted’ Decision

In the meantime, the American Petroleum Institute (API) has criticized the administration’s energy policies, saying that dependence on OPEC and other foreign countries for our energy is a “choice”.

Video-prank with President of Moldova Maia Sandu or “a conversation that did not exist”

Oct 4, 2022 – Russian pranksters Vladimir Kuznetsov and Alexey Stolyarov (Vovan and Lexus) communicate with President of Moldova Sandu as Prime Minister of Ukraine.

Full prank with the President of Moldova Maia Sandu from Vovan and Lexus or “a conversation that did not exist” (as the Sandu administration claims).

The President of Moldova was very talkative, thinking that “Prime Minister of Ukraine Shmygal” wanted to give her compromise on opposition politicians.

She told how Moldova hangs on the verge of a total gas and electricity outage. Prices have already soared 10 times, and the president does not know how to stop the growth. Meanwhile, Sandu trades the territory of her own country, offering it to Ukraine.

Sandu also expressed her disappointment about the country’s energy dependence on Gazprom and Pridnestrovie. At the end, the president revealed the future of the Moldovan army and a possible military operation to deoccupy Pridnestrovie. And also about U.S. assistance.

Video-prank with President of Moldova Maia Sandu via Stars Save the Earth

The Euro Without German Industry

By Michael Hudson

The reaction to the sabotage of three of the four Nord Stream 1 and 2 pipelines in four places on Monday, September 26, has focused on speculations about who did it and whether NATO will make a serious attempt to discover the answer. Yet instead of panic, there has been a great sigh of diplomatic relief, even calm. Disabling these pipelines ends the uncertainty and worries on the part of US/NATO diplomats that nearly reached a crisis proportion the previous week, when large demonstrations took place in Germany calling for the sanctions to end and to commission Nord Stream 2 to resolve the energy shortage.

The Euro Without German Industry

A Ceasefire Can Ensure Ukrainian Independence

A Ceasefire Can Ensure Ukrainian Independence

There is only one way the West can prevent Ukraine from being defeated on the battlefield over the next several months and avoid a nuclear conflict with Russia: a return to diplomacy. President Joe Biden needs to call for an immediate cease-fire and armistice agreement to save Ukraine, ensure its security, and preserve its political and economic independence with control of at least 81 percent of its territory. It is in the U.S. national security interest to have Russia and Ukraine negotiate a permanent cease-fire as soon as possible and avoid potential nuclear escalation. The Biden administration should offer to not implement new economic sanctions against Russia, stop sending more U.S. troops to Eastern Europe, and suspend lethal military assistance to Ukraine in exchange for an immediate and sustained Russian ceasefire. A relaxation of sanctions following a peace deal would provide economic relief to millions of Americans suffering from a recession triggered by Western sanctions against Russia.

While writing this proposal, one of the provisions of the proposed armistice agreement I included was that Russia would resume natural gas shipments to the European Union via the Nord Stream 1 or Nord Stream 2 pipelines. But on September 27, both of them were severely damaged by acts of sabotage that appear to be retaliation against Russia. It is unclear which country is responsible for damaging the pipelines but reopening them might have saved thousands of Europeans from freezing to death this winter. The day after the pipeline attacks, former President Donald Trump offered to mediate peace talks to end the war in Ukraine out of concern that sabotaging the pipelines might spark “World War III,” particularly if Moscow believed that the United States or another NATO member was responsible.

Hypocrisy(and irony): The man, that the media cried about having his finger on the nuclear button (not to mention his tearing up of nuclear treaties and expanding America’s nuclear arsenal), is the one willing to mediate to prevent WWIII! Meanwhile, Brandon refuses to negotiate and the media cheers on nuclear war?!

Ukraine applies for NATO membership as Biden warns Putin US will defend ‘every inch’ of NATO land

Ukraine applies for NATO membership, rules out Putin talks

“We understand that this requires the consensus of all the alliance’s members… and therefore, while this is happening, we propose the realization of our proposals regarding security guarantees for Ukraine and all of Europe according to the Kyiv Security Compact,” he said.

Related:

Biden warns Putin US will defend ‘every inch’ of NATO land after Ukraine annexation

Volodymyr Zelensky Has the Worst Idea—Ever

But the latest aid package includes $1 billion in immediate military assistance to Ukraine itself—ammunition, vehicles, etc.—and another $2 billion to be split among 18 NATO members whose lawns face out onto Putin’s disputed property.

These are not things you do unless you’re expecting trouble—a lot of trouble. It’s more than a reassurance that the United States is however far behind you, that’s real money to those countries—even if it’s far less than one hundredth of an Elon Musk to us.

At the highest levels, the U.S. thinks there’s a good chance there’s going to be a fight, as Thomas Hobbes said, of “all against all.”

How Joe Biden Made the War in Ukraine a Gift to the Gas Industry

Gas execs

How Joe Biden Made the War in Ukraine a Gift to the Gas Industry

The letter, dated February 25, just one day after Vladimir Putin’s forces launched their assault on Ukraine, noted the “dangerous juncture” of the moment before segueing into a list of demands: more drilling on US public lands; the swift approval of proposed gas export terminals; and pressure on the Federal Energy Regulatory Commission, an independent agency, to greenlight pending gas pipelines.

Much of the new gas infrastructure won’t be operational for several years, which may be beyond the timeframe of the Russia-Ukraine conflict that has squeezed supplies and caused gas prices to spike. So much LNG export is planned or under construction, adding up to about half of all total US gas production, that it will probably cause gas prices to climb for domestic American users, according to Clark Williams-Derry, analyst at the Institute for Energy Economics and Financial Analysis

“It’s beginning to eat into the amount of gas available to domestic consumers,” said Williams-Derry. “We will see very severe impacts on domestic US gas prices. We will see the impacts for as long as the eye can see.”