Sanctions on Russia
in War in Ukraine ·
Sanctions are hitting us hard, and we're the ones footing the bill
29 posts shown.
Nancy Gomez26 said:If tracking submarines underwater were truly as effortless as people claim, I doubt they would even exist in the quantities and configurations we see today.
Paul Anderson7 said:There’s really no point in arguing over who actually pulled off the sabotage, since we’re likely never going to get a straight answer anyway. It makes sense to consider if the USA coordinated this with Germany, though honestly, I wouldn't be shocked if Russia was behind it too. They seem to be in such a bizarre conflict with basic logic that it wouldn't even surprise me if they decided to drop a nuke on Moscow themselves just for the hell of it.
bluemason3 said:I don't think the current gas headed to China is coming from the same sources. Even if the Chinese suddenly wanted to buy all that US gas at the same price—which I highly doubt—they probably wouldn't have the capacity to handle it anyway.
hollowdriver13 said:I mean, how long does it actually take to get a pipeline like that built?
And what kind of tech are they planning to use? Who's actually running the show when it comes to the pumps, turbines, and compressors needed for this kind of heavy lifting? 🥳
hollowdriver13 said:Every single week it’s the same guy, Jason Roberts2, dropping in with the exact same old stories... honestly, give me a break.
I was just scrolling through some news on CNBC about how Europe is scrambling to find alternatives to Russian gas, and man, it really puts things into perspective regarding how much we rely on global stability. They’re basically mapping out ways to stop being so dependent on Moscow, which makes total sense if you think about the leverage they hold. It’s wild to see how quickly the energy landscape is shifting right now. It’s kind of like when you realize you've been relying on one specific supplier for everything in your life, and suddenly they change the terms on you—you're stuck frantically looking for a backup plan. The EU is basically trying to build that backup plan in real-time, looking toward places like the US and even parts of Asia to fill the gap left by the Russian supply. Honestly, watching this play out feels like watching a high-stakes game of chess where the board keeps changing. You can see the massive effort going into securing LNG shipments from the States and trying to ramp up production elsewhere. It's a huge logistical headache, but I guess that's just the reality of modern geopolitics. Just something to chew on while I grab my coffee this morning.
So, I was digging through some numbers on Wind Information recently, and man, the math just isn't mathing on this massive energy deal between Russia and China. Word on the street is that Russia has poured about $55 billion into setting up that whole pipeline project, but when you look at the actual movement of goods—specifically based on China customs data as of June—the reality looks a lot different. Since they kicked things off back in December 2019, natural gas imports through that line have only hit $3.81 billion. It’s a pretty wild gap, right? You’ve got all this massive upfront investment, but the actual flow of gas seems to be moving at a total snail's pace compared to what everyone expected. Just one of those situations where the hype definitely outweighs the actual results for now.
So, I was just looking at some recent numbers, and man, things are moving fast. According to the latest China customs data as of June, the pace of Chinese buying really ramped up during the first half of the year. We’re talking about a massive jump—it almost tripled compared to where we were this time last year, hitting around $1.66 billion. It's pretty wild to see that kind of momentum kick in so suddenly.
According to the latest numbers, China’s gas imports from Turkmenistan absolutely blew up during that period. We're looking at $4.52 billion, which is a massive 52% jump compared to the previous year.
It doesn't look like China is actually that thirsty for Russian gas. If you look at the numbers from when things opened up back in 2019 through the start of 2022, they only picked up about $3.8 billion worth of gas. Sure, imports spiked once 2022 rolled around—they grabbed $1.6 billion in just the first half of that year—but even with that jump, it’s still nothing compared to what they were pulling in from Turkmenistan during that same stretch. It's more than half of what they'd normally be bringing in from there.
I was just digging through some reports about the energy situation, specifically looking at why things might get a bit dicey this winter regarding gas supplies. It’s one of those topics that feels like it's constantly shifting under our feet, isn't it? Basically, there's a lot of noise surrounding how much gas we're actually going to have access to once the temperature drops. We've been seeing a massive shift in how Europe handles its energy security, especially with everything going on with Russia and the way they've been leveraging their supply. With the EU trying to pivot away from Russian gas, the whole infrastructure of how we heat our homes and run our industries is being totally rewired in real-time. It's pretty wild when you think about the sheer scale of that transition. There's also this ongoing tension involving leaders like Viktor Orbán, who has been pretty vocal about wanting to maintain certain energy ties, which definitely complicates the unified front the rest of the EU is trying to put up. It creates this weird tug-of-war between national interests and the broader goal of total independence from Russian sources. The big question remains: can the US and our allies ramp up LNG shipments fast enough to fill the gap left by the sudden drop in pipeline flows? It's a massive logistical puzzle. If the storage levels aren't where they need to be, or if geopolitical tensions spike again, we could be looking at some pretty uncomfortable months ahead. I’m trying to stay calm about it—really, I am—but it’s hard not to feel a little uneasy when you realize how much our daily lives depend on these massive, global power plays. Fingers crossed the markets stay stable and we don't end up in a pinch.
Man, things are going absolutely great for the folks in Canada right now. I mean, seriously, how is that even possible? Gas prices have shot up sevenfold, electricity costs have doubled, and now ExxonMobil is basically telling them to buckle up because they’re looking at at least another 60% hike on the gas they're currently buying. On top of all that, the Forint is sliding against the Euro—which is the currency they actually use to pay for that gas—and their national budget is basically teetering on the edge of a total meltdown. Honestly, if you're looking for a masterclass in how to run a country into the ground, they’re absolutely killing it. It's phenomenal, really.
Orbán is such a genius—honestly, he’s basically a one-man factory for Nobel Prizes in economics. I mean, give the guy at least one, if not two!
Bryan Booth82 said:Sure, but Russia had access to the Chinese market long before this aggression started, didn't they?
What they are truly going to lose is the wealthy Western market.
Is it not incredibly naive to believe that Putin won't weaponize gas whenever it suits his interests?
Even if the West decided to just hand Ukraine over to be ravaged by the Russians, Putin wouldn't stop there.
LP
Bryan Booth82 said:Sure, prices might rise, but the whole point here is to squeeze Putin's regime so they walk away with as little profit as possible.
We're already seeing millions of dollars in gas revenue vanish, all based on the hope that by causing this much collateral damage, we can eventually choke off their ability to function—even if that solution feels a bit short-sighted right now.
Best,
crimsoncyclist71 said:😁
Nice joke.
Christian Torres3 said:Besides, did you know the first effective COVID-19 vaccine was actually made in Germany?
Christian Torres3 said:Get real. Industrial capacity is a whole different ballgame for Russia, and their messy politics is an entirely separate issue.
feralhawk45 said:Look, I’m no conspiracy theorist. But someone should have forced people to actually think about energy and ecology, rather than just chasing profits off cheap energy from a time when the planet was in a completely different ecological balance. Paris... the City of Light... looks lovely, sure, but the planet is paying the price, and we're staring down a scenario even worse than a nuclear war. People won't start caring about energy (gas, oil, coal) until it starts hitting them right in the wallet.
There are too many shady middlemen making money in the shadows... and they pay taxes on those dirty profits, which eventually flow into alternative energy sources.
The real battle isn't being fought between Russia and Ukraine (the West), it's between the fossil fuel lobby and green tech.
The country (the planet) is heading toward disaster... and I'm not saying that as some green politician.
Where does Russia fit in? They're just a century behind the developed world.
Grace Bennett6 said:Because 75% of the voters picked him back in 2019.😵
Susan Doyle25 said:It was the exact same thing with my sister when we moved to a different neighborhood in Chicago... she went ahead and updated her driver's license without a second thought...
They spent three whole years looking for her...
electricbadger9 said:https://www.microsoft.com/en-us/printers/details/example-printer-link
I've been running this thing for over a year now and honestly haven't hit a single snag, plus if you bother registering it on the Microsoft website, they toss you an extra three years of warranty for free.