Sanctions on Russia

David Torres2 said:Honestly, you can pretty much forget about every single one of those nine points right now. German politicians haven't even started moving on this, and there’s zero political will. They’re still sleeping on the job.

We need gas for heating, electricity, industry, and even food—since we need it for fertilizer—all while inflation (on paper, anyway) is already sitting at 7.5 percent.

Wholesale gas prices are 20 times higher than they were back in the spring of 2020, and electricity is up 8 times compared to 2020. The CFO over at Exelon just casually announced that those costs are going to have to be passed down to consumers,
depending on how much they manage to stock up on reserves this summer and what kind of price they grab.👍

Over here in Austria, electricity prices jumped another 20% starting back in May.

Since you're clearly sitting on the data, why don't you enlighten us? Who's actually most dependent on Russian gas? I'm talking specifics—how much of residential heating, which industries, or which power plants are hooked on it.

David Torres2 said:Honestly, you can pretty much forget about every single one of those nine points right now. German politicians haven't even started moving on this, and there’s zero political will. They’re still sleeping on the job.

We need gas for heating, electricity, industry, and even food—since we need it for fertilizer—all while inflation (on paper, anyway) is already sitting at 7.5 percent.

Wholesale gas prices are 20 times higher than they were back in the spring of 2020, and electricity is up 8 times compared to 2020. The CFO over at Exelon just casually announced that those costs are going to have to be passed down to consumers,
depending on how much they manage to stock up on reserves this summer and what kind of price they grab.👍

Over here in Austria, electricity prices jumped another 20% starting back in May.

Keep in mind, we're talking about nine different points across the entire European Union, not just Germany. And strangely enough, Germany is the only one left without a plan for guessing when to shut down their nuclear plants—Belgium has already backed away from that idea, so we'll just have to wait and see what the Swiss decide to do.

By the way, new EU sanctions on Coal America have just been finalized:

This is hardly a minor issue. We're looking at 25% of exports within the EU, plus another 25% from other "Western" players who might jump on board (think Korea or Japan...).

https://tass.com/economy/1432637

The article claims Borrell praised the ruble.

Zachary Jackson4 said:https://tass.com/economy/1432637

The article claims Borrell praised the ruble.

So, it’s just a total coincidence that the main Russian news agency is publishing pro-Russian propaganda? I guess you're acting all neutral—going straight to their own website to "do your research."🤦

Just a quick reminder that Russia unilaterally canceled their coal shipments for the Plomin power plant, despite having a signed contract in place.

Back in February, Russian coal exporters refused to deliver the massive amounts of coal promised to Duke Energy for the Plomin facility, leaving the whole plant facing potential shutdown. Since Plomin handles about nine percent of the electricity needs, Duke Energy is now scrambling to find a replacement for that Russian coal.

For some reason, this article frames the cancellation as Russia’s retaliation for America supporting Ukraine, but let's be real—this was happening well before the full-scale invasion. It's not like Russia doesn't desperately need the cash; they're just trying to squeeze the EU by turning off the gas taps.

casualtiger2 said:Sources say the EU is looking at banning imports of Russian coal, chemicals, and wood

More new EU sanctions coming.

I’m not entirely sure how much this will actually hurt Russia, but compared to the total value of goods being imported into the EU, this is just pocket change.

The Russian currency is holding its own against sanctions: "The Ruble has shown significant resilience.

https://www.cope.es/programas/herrer...220405_2010577

Better? That's just another empire built on lies.

Gerald Chavez7 said:Yeah, look—up until February 24th, everyone was terrified of provoking Russia. They just didn't believe an actual invasion was coming—that much is obvious. Then, two days later, the entire political landscape did a complete 180.

Everything. 🙂 (Once I track down the link, I'll drop it back in here.)

Current suppliers—as it stands.
2) domestic reserves
3) LNG capacity limits
4) coal
5) cutting back on consumption
6) renewable energy sources
7) Mass electrification of transport—because clearly, we haven't had enough sudden shifts to deal with lately.
8) Heat pumps in apartment buildings—now that's an interesting one.
9) Guessing when they’ll finally pull the plug on the nuclear plants.

EDIT: So, there you have it—155 billion cubic meters of gas. That’s the entire Russian import volume for a single year right there.
https://twitter.com/mark_lynas/statu...82300901900292

I’m feeling a little optimistic about this—but hey, it might actually work.

1. What kind of "black" list of existing suppliers are we talking about?
2. Minimal to nonexistent.
3. You can't source nearly enough, and we don't even have the LNG terminals ready.
4. Nice idea, but where are the actual power plants?
5. I'll give you this: it's the best point. Turn everything off and you won't need gas. 🙏
6. You can't replace traditional fuels with that garbage, nor can you build new infrastructure in any realistic timeframe.
7. Where are you getting millions of EVs and thousands of heat pumps from? And better yet, where's the electricity to power that whole scam?
8. Everyone should do it, sure, but that’s a process that takes years. We lack the skilled labor, likely the materials, and honestly, it probably won't move the needle much on national energy consumption anyway.
9. They'll have to do it, though there will be plenty of issues there too.

Gerald Chavez7 said:Yeah, look—up until February 24th, everyone was terrified of provoking Russia. They just didn't believe an actual invasion was coming—that much is obvious. Then, two days later, the entire political landscape did a complete 180.

Everything. 🙂 (Once I track down the link, I'll drop it back in here.)

Current suppliers—as it stands.
2) domestic reserves
3) LNG capacity limits
4) coal
5) cutting back on consumption
6) renewable energy sources
7) Mass electrification of transport—because clearly, we haven't had enough sudden shifts to deal with lately.
8) Heat pumps in apartment buildings—now that's an interesting one.
9) Guessing when they’ll finally pull the plug on the nuclear plants.

EDIT: So, there you have it—155 billion cubic meters of gas. That’s the entire Russian import volume for a single year right there.
https://twitter.com/mark_lynas/statu...82300901900292

I’m feeling a little optimistic about this—but hey, it might actually work.

It's impossible. Not even close. We should have thought ahead instead of being this dependent on Russian gas. It's a total utopia to think you can replace that amount of energy immediately—it's a utopia even if you look two or three years down the road.

analogbear5 said:Since you're clearly sitting on the data, why don't you enlighten us? Who's actually most dependent on Russian gas? I'm talking specifics—how much of residential heating, which industries, or which power plants are hooked on it.

the whole industry is sitting on about 20 billion cubic meters

Just translate the article yourselves and you'll see exactly what kind of mess we're in and what's coming down the pipe.

David Torres2 said:So, they’re really going all the way on this one.

For anyone who wants a decent translation instead of just relying on Google Translate, you should grab imtranslator for your Firefox browser.
It gives you a really solid translation from English or German into American English.
Just highlight a sentence or a few of them, click the little button that pops up, and boom—you've got your translation.

OFF, but might be handy:

Personally, I use this translator on Firefox: https://addons.mozilla.org/en-US/fir...r-paginas-web/

It's pretty great because it can automatically translate entire websites in certain languages (like Russian or Ukrainian, for example) without you even having to click anything. Plus, there’s an icon right by the address bar that lets you translate the whole page in just two clicks!

Belarus will pay for gas in rubles. Everyone wins.

Zachary Jackson4 said:https://tass.com/economy/1432637

The article claims Borrell praised the ruble.

The interview mentioned in your link... such a shame TASS didn't include the rest of what Antony Blinken said. You know, about the war crimes in Kyiv, or Putin's authoritarian regime, and all that.
He made another great point: Zelensky needs less applause and more actual help. Specifically, weapons.

And as for Zelensky, he needs less applause and more support

Joshua Myers432 said:1. What kind of "black" list of existing suppliers are we talking about?
2. Minimal to nonexistent.
3. You can't source nearly enough, and we don't even have the LNG terminals ready.
4. Nice idea, but where are the actual power plants?
5. I'll give you this: it's the best point. Turn everything off and you won't need gas. 🙏
6. You can't replace traditional fuels with that garbage, nor can you build new infrastructure in any realistic timeframe.
7. Where are you getting millions of EVs and thousands of heat pumps from? And better yet, where's the electricity to power that whole scam?
8. Everyone should do it, sure, but that’s a process that takes years. We lack the skilled labor, likely the materials, and honestly, it probably won't move the needle much on national energy consumption anyway.
9. They'll have to do it, though there will be plenty of issues there too.

It's impossible. Not even close. We should have thought ahead instead of being this dependent on Russian gas. It's a total utopia to think you can replace that amount of energy immediately—it's a utopia even if you look two or three years down the road.

The Germans are probably going to be freezing this winter and part of next, but they'll figure it out. That's just how Germans are. They aren't like North American folks or Frenchmen. If you tell a German to freeze, they'll just freeze without making a huge scene about it. I mean, maybe.

I wouldn't be surprised at all if Mexicans and Russians living in Germany start driving trucks with flags through the streets. Everyone else? Well, they'll probably just grab some space heaters and thick socks.

Sam Alvarez4 said:The interview mentioned in your link... such a shame TASS didn't include the rest of what Antony Blinken said. You know, about the war crimes in Kyiv, or Putin's authoritarian regime, and all that.
He made another great point: Zelensky needs less applause and more actual help. Specifically, weapons.

And as for Zelensky, he needs less applause and more support

It is a pity. However, the Tass headline remains consistent with the topic at hand.

David Torres2 said:the whole industry is sitting on about 20 billion cubic meters

Just translate the article yourselves and you'll see exactly what kind of mess we're in and what's coming down the pipe.

Oh, I totally forgot to mention
1 billion cubic meters = ~37681 TJ

Out of the total 55 billion cubic meters, about 35% goes to Industry, 50% to heating, and the remaining 15% goes toward electricity.

The primary power providers

boldotter2 said:The Germans are probably going to be freezing this winter and part of next, but they'll figure it out. That's just how Germans are. They aren't like North American folks or Frenchmen. If you tell a German to freeze, they'll just freeze without making a huge scene about it. I mean, maybe.

I wouldn't be surprised at all if Mexicans and Russians living in Germany start driving trucks with flags through the streets. Everyone else? Well, they'll probably just grab some space heaters and thick socks.

The Germans might be willing to freeze, but their industry 🤦

will sink, taking the rest of us down with it.

Joshua Myers432 said:1. What kind of "black" list of existing suppliers are we talking about?
2. Minimal to nonexistent.
3. You can't source nearly enough, and we don't even have the LNG terminals ready.
4. Nice idea, but where are the actual power plants?
5. I'll give you this: it's the best point. Turn everything off and you won't need gas. 🙏
6. You can't replace traditional fuels with that garbage, nor can you build new infrastructure in any realistic timeframe.
7. Where are you getting millions of EVs and thousands of heat pumps from? And better yet, where's the electricity to power that whole scam?
8. Everyone should do it, sure, but that’s a process that takes years. We lack the skilled labor, likely the materials, and honestly, it probably won't move the needle much on national energy consumption anyway.
9. They'll have to do it, though there will be plenty of issues there too.

It's impossible. Not even close. We should have thought ahead instead of being this dependent on Russian gas. It's a total utopia to think you can replace that amount of energy immediately—it's a utopia even if you look two or three years down the road.

This is bottom-tier stuff; there isn't any actual depth to your argument.

Gerald Chavez7 said:This is bottom-tier stuff; there isn't any actual depth to your argument.

Making this happen anytime soon? Yeah, that's just not happening.
It's like trying to use a cocktail umbrella as a parachute while you're freefalling.
Look, if the big shots running the major US corporations are saying they're in a bind, then the conversation is over. Period.

David Torres2 said:Making this happen anytime soon? Yeah, that's just not happening.
It's like trying to use a cocktail umbrella as a parachute while you're freefalling.
Look, if the big shots running the major US corporations are saying they're in a bind, then the conversation is over. Period.

Look, those industry CEOs would scream bloody murder if anything threatened their year-end bonuses... and bad business definitely hits those pockets. You really have to look at the context here—who’s actually talking and what's their angle? Sure, things might get tricky for some people, but we aren't looking at a total apocalypse either.

Gerald Chavez7 said:This is bottom-tier stuff; there isn't any actual depth to your argument.

Let’s break this down point by point. The only issue here is that your points are nothing but hot air.

Europe—and specifically Germany—can't afford to be left without Russian gas. That's why this won't happen. Not even if the Russians level Kyiv and Rammstein to the ground.

How Europe ended up in this corner is a question for our incompetent politicians, but really, what else can anyone expect from them?