Sanctions on Russia

analogbear5 said:We aren't talking about chemicals here—this is about a natural resource, specifically within the context of "sanctions on Russia."

Amanda Allen4 said:Oil is essentially infinite because there is always more out there—it’s just that some of it is far too expensive to actually bother drilling for.

Nathan Thomas12 said:Right now, we’ve only mapped out enough gas and oil to last maybe 55 to 60 years.
But let’s be real—nature isn't just cranking out 100 million barrels a day to keep up with our massive appetite.

That was the stance taken by the European Commissioner for Energy, Kadri Simson. She noted that "our sanction will cover the oil needs for all member states, ensuring that we won't be buying Russian oil starting December 5th and that we've bridged the potential price gap for international buyers through our eighth package of sanctions," she told Reuters.

Beyond that, the G7 plan—designed to complement the EU embargo—is set to provide some level of support to shipping providers involved in exporting Russian oil, though this comes with a catch: it applies only at those mandated low price caps. This measure is also slated to take effect on December 5th.

William Cooper11 said:Current estimates suggest that at this rate, we'll run out of oil in maybe 40 or 45 years.

Timothy Williams5 said:The European Union is moving to cut off Russian oil imports entirely.

That was the stance taken by the European Commissioner for Energy, Kadri Simson. She noted that "our sanction will cover the oil needs for all member states, ensuring that we won't be buying Russian oil starting December 5th and that we've bridged the potential price gap for international buyers through our eighth package of sanctions," she told Reuters.

Beyond that, the G7 plan—designed to complement the EU embargo—is set to provide some level of support to shipping providers involved in exporting Russian oil, though this comes with a catch: it applies only at those mandated low price caps. This measure is also slated to take effect on December 5th.

https://www.reuters.com/business/ene...ls-2022-11-18/

Timothy Williams5 said:The European Union is moving to cut off Russian oil imports entirely.

That was the stance taken by the European Commissioner for Energy, Kadri Simson. She noted that "our sanction will cover the oil needs for all member states, ensuring that we won't be buying Russian oil starting December 5th and that we've bridged the potential price gap for international buyers through our eighth package of sanctions," she told Reuters.

Beyond that, the G7 plan—designed to complement the EU embargo—is set to provide some level of support to shipping providers involved in exporting Russian oil, though this comes with a catch: it applies only at those mandated low price caps. This measure is also slated to take effect on December 5th.

https://www.reuters.com/business/ene...ls-2022-11-18/

Joshua Myers432 said:Let’s be more precise: they won't buy it as long as this specific administration is running things in Russia.

Nathan Evans78 said:Wikipedia

BRENT CRUDE • 98.62

And we aren't even halfway through May yet. 🤣

feralhawk45 said:If we burn through half of our known fossil fuel reserves at today's rate, life on this planet—at least for us mammals—is finished. Maybe some elite few will survive under glass domes.

Sam Alvarez4 said:Washington on Poland:
''The decision to bar Lavrov from entering Poland for the OSCE ministerial meeting is provocative and lacks precedent.''

Russia has slammed Poland's move to deny entry to Foreign Minister Sergey Lavrov, ahead of a gathering of diplomats from the Organization for Security and Co-operation in Europe (OSCE).

ae.
The Poles are being such petty provocateurs... 🤣

Honestly, I love seeing how the old KGB school is crying now because they're getting shut out everywhere...
They used to think they were so vital to Europe, absolutely indispensable. Boo hoo, everyone is just so scared of us! They can't catch us if they don't know where we're looking...

Things are finally turning around...
Priceless. 😁

gentlebadger said:The truth is, they don't have any energy left to use as leverage anymore. Europe was desperate for cheap power, and Russia couldn't offer much else besides that. Now? They've become completely irrelevant.

gentlebadger said:The truth is, they don't have any energy left to use as leverage anymore. Europe was desperate for cheap power, and Russia couldn't offer much else besides that. Now? They've become completely irrelevant.

gentlebadger said:The truth is, they don't have any energy left to use as leverage anymore. Europe was desperate for cheap power, and Russia couldn't offer much else besides that. Now? They've become completely irrelevant.

wiredseal7 said:So nobody needs them just because we're having a mild autumn? Give it a minute—if a couple of cold fronts sweep in from the north, the mood shifts fast. Suddenly, those new regulations capping temperatures at 60-65 degrees become the "new normal."