Sanctions on Russia

Carl Lee27 said:And where exactly is Europe supposed to be getting its gas from anyway?

What on earth does your question have to do with my stance on fracking? My opinion on that specific method of extraction has absolutely nothing to do with the current crisis or the energy policies of the EU.

The EU should have taken precautions much earlier to prevent this catastrophe; I pointed out long ago in a PDF that the Germans were essentially digging their own grave by pushing forward with Nord Stream 2, a project that effectively funds the Russian military and fuels the destabilization of the entire EU.

The gas business with Russia will persist for years to come, continuing right up until the moment the EU manages to construct the necessary infrastructure required for diversifying supply and ensuring further distribution.

At this very moment, even if we had an infinite supply of American gas at our disposal, it wouldn't provide significant relief because we simply lack sufficient LNG terminals, nor are there enough LNG tankers in existence to transport that volume of gas.

Carl Lee27 said:Let me just circle back and really drive this point home because we’re talking about sanctions on Russia here: where on earth is Europe supposed to pull 550 billion cubic meters of gas from every single year? Like, specifically? Where is Europe going to go to refill all those storage facilities? If it isn't coming from Russia, and if we aren't looking at massive fracking operations in the USA—which I know was what the previous guy was suggesting—then where exactly is this gas coming from?

The answer is actually far more straightforward than the complexity being forced upon us here.

Diversification is the golden rule, and fortunately, the EU seems to finally be waking up to that reality... or more simply put: if we were previously pulling roughly 50% of our supply from cheap Russian gas, the goal now is to cut that dependency in half.
What supports this strategy is the fact that there is enough gas available even without Russia, especially when you consider how drastically energy consumption fluctuates depending on the season.

Best regards,

Anthony Hill5 said:What on earth does your question have to do with my stance on fracking? My opinion on that specific method of extraction has absolutely nothing to do with the current crisis or the energy policies of the EU.

The EU should have taken precautions much earlier to prevent this catastrophe; I pointed out long ago in a PDF that the Germans were essentially digging their own grave by pushing forward with Nord Stream 2, a project that effectively funds the Russian military and fuels the destabilization of the entire EU.

The gas business with Russia will persist for years to come, continuing right up until the moment the EU manages to construct the necessary infrastructure required for diversifying supply and ensuring further distribution.

At this very moment, even if we had an infinite supply of American gas at our disposal, it wouldn't provide significant relief because we simply lack sufficient LNG terminals, nor are there enough LNG tankers in existence to transport that volume of gas.

They're Magnificent, honestly, because it's really the only way we can kick Russia out of the European energy market entirely. We need fracking in the US, and frankly, we should be doing it in Europe too.

Bryan Booth82 said:The answer is actually far more straightforward than the complexity being forced upon us here.

Diversification is the golden rule, and fortunately, the EU seems to finally be waking up to that reality... or more simply put: if we were previously pulling roughly 50% of our supply from cheap Russian gas, the goal now is to cut that dependency in half.
What supports this strategy is the fact that there is enough gas available even without Russia, especially when you consider how drastically energy consumption fluctuates depending on the season.

Best regards,

Not really, especially not over in Europe.
And wow, you really nailed that point about the seasons—truly a stroke of genius there, because I'm sure absolutely nobody in Europe ever thought to fill up the storage facilities during the summer months.

Carl Lee27 said:They're Magnificent, honestly, because it's really the only way we can kick Russia out of the European energy market entirely. We need fracking in the US, and frankly, we should be doing it in Europe too.

Not really, especially not over in Europe.
And wow, you really nailed that point about the seasons—truly a stroke of genius there, because I'm sure absolutely nobody in Europe ever thought to fill up the storage facilities during the summer months.

Of course there's plenty of gas available; Europe isn't on Mars. There is absolutely no point in trying to convince ourselves otherwise—mark my words, we certainly won't be running short next year.
As for your claim that nobody thought to fill the gas reserves during the summer... I think you're dead wrong on that one.

Look, I’m no expert in the gas industry, but I am perfectly capable of listening to people speaking multiple languages.
In Germany, for instance, the Minister of Economic Affairs was quite clearly explaining the necessity of filling storage during the summer—something I personally wasn't aware of until he said it. So, the debate is already well underway, and there are plans to legally mandate distributors to bolster their reserves.

Beyond that, I think it’s become blindingly obvious to any serious distributor or government that, at the very least for the coming period and certainly for next winter, they need to secure much larger stockpiles than they did before that criminal aggression began.

There is no reason to underestimate us Americans or Europeans, regardless of who you personally support... because let's face it, there aren't 500 million idiots living in the EU.
Try to tune out the Russian propaganda for once.

Best regards,

Carl Lee27 said:They're Magnificent, honestly, because it's really the only way we can kick Russia out of the European energy market entirely. We need fracking in the US, and frankly, we should be doing it in Europe too.

Not really, especially not over in Europe.
And wow, you really nailed that point about the seasons—truly a stroke of genius there, because I'm sure absolutely nobody in Europe ever thought to fill up the storage facilities during the summer months.

I have already laid out the reasons why such a feat is impossible.

As for the broader fallout from these sanctions—

Revolut has officially blocked all monetary transactions within Russia and Belarus.

PayPal is pulling out of Russia altogether.

Furthermore, JPMorgan predicts that Russia is headed toward a total economic collapse, mirroring the disaster seen back in 1998.

JPMorgan Warns Russia Faces 1998-Like Collapse in Economy

Export earnings disrupted, imports set to buckle, analysts say
Federal Reserve sanctions and the SWIFT cut-off have intensified the pressure.

Is it not inevitable that twenty years from now, instead of debating the drunken antics of Yeltsin, the new generations will be dissecting the era of a botoxed Putin?

Quincey:

I honestly don't even know where to start with this one because there is just so much to unpack, but I really feel like we need to sit down and actually talk about what’s happening right now. It feels like everything is moving at such a breakneck speed lately, you know? One minute you think you have a handle on things, and then suddenly the entire landscape shifts under your feet, and you're just left standing there trying to make sense of the chaos. I was thinking about it earlier while I was grabbing coffee—just staring out the window, watching people rush by—and it hit me how much we take for granted regarding stability. We assume things will just stay the way they are, but that’s never the case. It’s never the case! And I mean, I saw what Carl Lee27 was saying earlier about the shifting dynamics in the economy, and honestly, I couldn't agree more, though I think there's an even deeper layer to it that we're all missing. It's not just about the numbers or the headlines; it's about the actual, lived experience of navigating this uncertainty every single day. It's exhausting, isn't it? Just trying to find your footing when the ground keeps turning into sand. I truly believe if we don't stop and reflect, if we don't take a second to breathe and look at the bigger picture, we're just going to keep spinning our wheels in circles. We have to be intentional, we really do. Carl Lee27 says: Look, it’s pretty obvious we have plenty of gas, I mean, come on, Europe isn't out on Mars or something! There’s really no point in us trying to convince ourselves otherwise or stressing out about it right now—honestly, let's just see how it plays out. I'm telling you, we definitely won't be running short on gas next year.

I’ve always felt that if you can actually see something coming—if you can map out the trajectory and wrap your head around what's likely to happen—then you aren't just sitting there helpless, you know? There's this sense of agency that comes with foresight. It’s like, once you have a clear prediction in hand, you suddenly find yourself holding the steering wheel instead of just being a passenger in the car. You gain this certain level of leverage, a way to nudge things in your favor or at least brace yourself for the impact. To me, predictability isn't just about knowing the future; it's about having the opportunity to actually step in and exert some kind of control over the outcome.
Look, if I can just throw one piece of advice out there—and please, don't take this the wrong way, because I still firmly believe we’re all just kind of grasping at straws here and speculating without any real data to back us up—but you really ought to try and find a way to monetize this unique perspective you have. Seriously! Because right now, if you look at anyone else in the market, absolutely nobody shares your sentiment. It's like you're standing on a completely different island than everyone else.
The market is already bracing itself for at least a partial shutdown of supplies coming out of Russia, and honestly, we’re all just sitting here watching the fallout from decades of pure, unadulterated idiocy coming out of Germany. It's wild how much this hits us now because of decisions made years ago.

Quincey:

I honestly don't even know where to begin with this one, because my mind is just racing through a million different thoughts at once, but I feel like we really need to sit down and have a serious heart-to-heart about what’s actually happening right now. It feels like everything is moving so fast, you know? Like, one minute you're just going about your day, grabbing a coffee at Starbucks or driving down the interstate, and the next thing you realize is that the entire landscape of how we live and interact has shifted under our feet. And I mean, I’m not trying to be dramatic or anything—really, I’m not—but there’s this underlying sense of urgency that I can't shake, no matter how hard I try to ignore it. It’s like when you’re watching a massive storm roll in over the Midwest; you see those clouds building up on the horizon, all dark and heavy, and you just know that things are about to get intense. That’s exactly how I feel looking at the current state of things. We talk and we talk, and we debate and we argue, but does anyone actually feel like we're making progress? Or are we just spinning our wheels in the sand while the world keeps turning faster and faster? I find myself staring out the window sometimes, wondering if everyone else feels this same restless energy, or if it's just me being overly sensitive about the way society is evolving. It’s exhausting, truly, to constantly be processing these shifts, but I think it's important that we stay awake to it, even if staying awake is the hardest part. Carl Lee27 says: Regarding that whole thing about how nobody thought to fill up the gas storage facilities during the summer months... honestly, I think you might be missing the mark on this one.

🙄
Wait, seriously? You’re telling me I’m wrong? Are you actually, for real, absolutely certain about that?

Quincey:

I honestly don't even know where to start with this one because there is just so much to unpack, but I feel like we really need to sit down and talk about what’s actually happening here. It feels like everyone is rushing toward a conclusion without really looking at the nuances, you know? I was sitting there thinking about it this morning—probably over too much coffee, if I'm being honest—and it hit me how much we tend to overlook the small details that actually drive the big shifts in our society. It's like when people talk about major economic changes in the US; they focus on the massive headlines from Wall Street, but they forget about the actual impact on a family living in a suburb outside of Chicago or something similar. We need to be more thoughtful! I'm not trying to be difficult, I promise, I'm just genuinely concerned that we're losing that sense of careful observation. I mean, look at how we react to everything lately—it's all instant gratification and quick takes, whereas I think we owe it to ourselves to slow down just a little bit and really weigh the consequences before we jump on the bandwagon. Does anyone else feel that weight, or am I just overthinking things again? I really want to hear what you guys think, truly. Carl Lee27 says: Look, there’s really no point in underestimating us Americans, regardless of who you might personally root for or whatever side you think is winning the argument... but let's be real here, it's not like there are 500 million idiots living in the EU.

Oh, man, just what we needed. Right in the heart of Europe, you’ve got this massive powerhouse—the literal engine of the EU—acting like they’re being dead serious when they try to pull the plug on nuclear energy just so they can pretend natural gas is some kind of "green" miracle solution. It’s all happening under the guise of fighting climate change, of course, but honestly, it feels like such a massive, misguided pivot.
I mean, let’s be real here—there is absolutely no way you could cram 500 million idiots into the EU when the total population is only around 447 million! The math just doesn't add up, does it? It's physically impossible!

I honestly don't even have the energy to dive into all that Russian propaganda nonsense right now. I'm just not going to touch it.

Anthony Hill5 said:I have already laid out the reasons why such a feat is impossible.

As for the broader fallout from these sanctions—

Revolut has officially blocked all monetary transactions within Russia and Belarus.

PayPal is pulling out of Russia altogether.

Furthermore, JPMorgan predicts that Russia is headed toward a total economic collapse, mirroring the disaster seen back in 1998.

JPMorgan Warns Russia Faces 1998-Like Collapse in Economy

Export earnings disrupted, imports set to buckle, analysts say
Federal Reserve sanctions and the SWIFT cut-off have intensified the pressure.

Is it not inevitable that twenty years from now, instead of debating the drunken antics of Yeltsin, the new generations will be dissecting the era of a botoxed Putin?

You haven't actually explained anything at all here; you've just laid out your own ideological biases and some personal wishful thinking that I honestly think is more likely to be granted by a genie in a bottle than by any kind of "green" energy policy coming out of the EU.
And even that, just in really brief bullet points.

Masquerade said:...On top of all that, Putin's popularity in Russia is actually on the rise according to the latest polls. ...

If you happened to catch that video linked yesterday, you'd see that these internal polls aren't worth a damn. If you were to walk up to an average American on the street and ask if they support Putin, they’d probably tell you anything just to get you to move along. I guess the credibility of those surveys is basically zero.

Timothy Nelson5 said:It was all about Trump.
The first thing that clueless, senile Biden did was basically sign off on sabotaging our own growing hydrocarbon industry just to push the Green New Deal.
The liar media refuses to highlight this as what it actually is—one of those catastrophic moves that gave Putin the ambition to start a war in Ukraine.

If that exponential growth in US production and LNG exports to the EU had kept going, Putin would have thought twice, very carefully, about risking an invasion of Ukraine (which, by the way, for anyone who hasn't caught up, happened because of newly discovered hydrocarbon reserves near the Black Sea coast...)

How exactly are they supposed to ramp up exports to the European Union when the EU lacks the necessary LNG terminals? I suppose the issue isn't on the supplier's side, but rather on our end. Though, maybe this whole mess will just resolve itself thanks to Putin.

Carl Lee27 said:Quincey:

I honestly don't even know where to start with this one because there is just so much to unpack, but I really feel like we need to sit down and actually talk about what’s happening right now. It feels like everything is moving at such a breakneck speed lately, you know? One minute you think you have a handle on things, and then suddenly the entire landscape shifts under your feet, and you're just left standing there trying to make sense of the chaos. I was thinking about it earlier while I was grabbing coffee—just staring out the window, watching people rush by—and it hit me how much we take for granted regarding stability. We assume things will just stay the way they are, but that’s never the case. It’s never the case! And I mean, I saw what Carl Lee27 was saying earlier about the shifting dynamics in the economy, and honestly, I couldn't agree more, though I think there's an even deeper layer to it that we're all missing. It's not just about the numbers or the headlines; it's about the actual, lived experience of navigating this uncertainty every single day. It's exhausting, isn't it? Just trying to find your footing when the ground keeps turning into sand. I truly believe if we don't stop and reflect, if we don't take a second to breathe and look at the bigger picture, we're just going to keep spinning our wheels in circles. We have to be intentional, we really do. Carl Lee27 says: Look, it’s pretty obvious we have plenty of gas, I mean, come on, Europe isn't out on Mars or something! There’s really no point in us trying to convince ourselves otherwise or stressing out about it right now—honestly, let's just see how it plays out. I'm telling you, we definitely won't be running short on gas next year.

I’ve always felt that if you can actually see something coming—if you can map out the trajectory and wrap your head around what's likely to happen—then you aren't just sitting there helpless, you know? There's this sense of agency that comes with foresight. It’s like, once you have a clear prediction in hand, you suddenly find yourself holding the steering wheel instead of just being a passenger in the car. You gain this certain level of leverage, a way to nudge things in your favor or at least brace yourself for the impact. To me, predictability isn't just about knowing the future; it's about having the opportunity to actually step in and exert some kind of control over the outcome.
Look, if I can just throw one piece of advice out there—and please, don't take this the wrong way, because I still firmly believe we’re all just kind of grasping at straws here and speculating without any real data to back us up—but you really ought to try and find a way to monetize this unique perspective you have. Seriously! Because right now, if you look at anyone else in the market, absolutely nobody shares your sentiment. It's like you're standing on a completely different island than everyone else.
The market is already bracing itself for at least a partial shutdown of supplies coming out of Russia, and honestly, we’re all just sitting here watching the fallout from decades of pure, unadulterated idiocy coming out of Germany. It's wild how much this hits us now because of decisions made years ago.

Quincey:

I honestly don't even know where to begin with this one, because my mind is just racing through a million different thoughts at once, but I feel like we really need to sit down and have a serious heart-to-heart about what’s actually happening right now. It feels like everything is moving so fast, you know? Like, one minute you're just going about your day, grabbing a coffee at Starbucks or driving down the interstate, and the next thing you realize is that the entire landscape of how we live and interact has shifted under our feet. And I mean, I’m not trying to be dramatic or anything—really, I’m not—but there’s this underlying sense of urgency that I can't shake, no matter how hard I try to ignore it. It’s like when you’re watching a massive storm roll in over the Midwest; you see those clouds building up on the horizon, all dark and heavy, and you just know that things are about to get intense. That’s exactly how I feel looking at the current state of things. We talk and we talk, and we debate and we argue, but does anyone actually feel like we're making progress? Or are we just spinning our wheels in the sand while the world keeps turning faster and faster? I find myself staring out the window sometimes, wondering if everyone else feels this same restless energy, or if it's just me being overly sensitive about the way society is evolving. It’s exhausting, truly, to constantly be processing these shifts, but I think it's important that we stay awake to it, even if staying awake is the hardest part. Carl Lee27 says: Regarding that whole thing about how nobody thought to fill up the gas storage facilities during the summer months... honestly, I think you might be missing the mark on this one.

🙄
Wait, seriously? You’re telling me I’m wrong? Are you actually, for real, absolutely certain about that?

Quincey:

I honestly don't even know where to start with this one because there is just so much to unpack, but I feel like we really need to sit down and talk about what’s actually happening here. It feels like everyone is rushing toward a conclusion without really looking at the nuances, you know? I was sitting there thinking about it this morning—probably over too much coffee, if I'm being honest—and it hit me how much we tend to overlook the small details that actually drive the big shifts in our society. It's like when people talk about major economic changes in the US; they focus on the massive headlines from Wall Street, but they forget about the actual impact on a family living in a suburb outside of Chicago or something similar. We need to be more thoughtful! I'm not trying to be difficult, I promise, I'm just genuinely concerned that we're losing that sense of careful observation. I mean, look at how we react to everything lately—it's all instant gratification and quick takes, whereas I think we owe it to ourselves to slow down just a little bit and really weigh the consequences before we jump on the bandwagon. Does anyone else feel that weight, or am I just overthinking things again? I really want to hear what you guys think, truly. Carl Lee27 says: Look, there’s really no point in underestimating us Americans, regardless of who you might personally root for or whatever side you think is winning the argument... but let's be real here, it's not like there are 500 million idiots living in the EU.

Oh, man, just what we needed. Right in the heart of Europe, you’ve got this massive powerhouse—the literal engine of the EU—acting like they’re being dead serious when they try to pull the plug on nuclear energy just so they can pretend natural gas is some kind of "green" miracle solution. It’s all happening under the guise of fighting climate change, of course, but honestly, it feels like such a massive, misguided pivot.
I mean, let’s be real here—there is absolutely no way you could cram 500 million idiots into the EU when the total population is only around 447 million! The math just doesn't add up, does it? It's physically impossible!

I honestly don't even have the energy to dive into all that Russian propaganda nonsense right now. I'm just not going to touch it.

You haven't actually explained anything at all here; you've just laid out your own ideological biases and some personal wishful thinking that I honestly think is more likely to be granted by a genie in a bottle than by any kind of "green" energy policy coming out of the EU.
And even that, just in really brief bullet points.

I fail to grasp how anything in my previous post could possibly be interpreted as ambiguous. What exactly is it that remains unclear?

Anthony Hill5 said:What on earth does your question have to do with my stance on fracking? My opinion on that specific method of extraction has absolutely nothing to do with the current crisis or the energy policies of the EU.

The EU should have taken precautions much earlier to prevent this catastrophe; I pointed out long ago in a PDF that the Germans were essentially digging their own grave by pushing forward with Nord Stream 2, a project that effectively funds the Russian military and fuels the destabilization of the entire EU.

The gas business with Russia will persist for years to come, continuing right up until the moment the EU manages to construct the necessary infrastructure required for diversifying supply and ensuring further distribution.

At this very moment, even if we had an infinite supply of American gas at our disposal, it wouldn't provide significant relief because we simply lack sufficient LNG terminals, nor are there enough LNG tankers in existence to transport that volume of gas.

Perhaps you could enlighten us as to how exactly we intend to conjure hundreds of LNG tankers, massive terminals, and vast storage facilities out of thin air overnight?

There’s no need to try and overhaul everything overnight. We’ll just continue buying from Russia whatever we absolutely have to. We have plenty of time to work on a few things: a) building out our terminals, b) commissioning tankers, c) shifting a portion of our industry back toward domestic oil, and d) constructing new power plants.

Nothing of substance happens overnight, and frankly, there isn't anything that *needs* to happen overnight.
Look, even with all the sanctions in play, Russia simply cannot afford to cut off our access to their gas or oil. If they actually tried to pull that kind of stunt, the chart I posted yesterday would look like child's play compared to what would happen to the Ruble and their entire economy. Within a year, they’d be looking at North Korea with envy.

Natural gas isn't even the main issue here. Between expanding LNG terminals in places like Cleveland and ramping up storage capacity—not to mention diversifying our energy mix with both renewables and traditional sources—we’ll be hitting 80% of Europe's gas needs without Russia by next winter. The only real headache right now is the price tag. If this conflict (or just the constant tension) drags on, we could hit 100% coverage within two or three years, all while seeing those "new normal" prices cut in half. Don't hold your breath for those old, record-low prices ever coming back, especially with inflation where it is.

The bigger headache is going to be the major export companies. Especially those high-end luxury brands pulling in massive margins.

Anthony Hill5 said:I fail to grasp how anything in my previous post could possibly be interpreted as ambiguous. What exactly is it that remains unclear?

Perhaps you could enlighten us as to how exactly we intend to conjure hundreds of LNG tankers, massive terminals, and vast storage facilities out of thin air overnight?

Look, man,
Who actually argued against that? Seriously, did anyone in this thread even suggest that Europe is actually ready to handle enough LNG cargo to finally kick Russia to the curb?

I asked the same question twice now—and I'm really just trying to follow the logic here regarding your opposition to fracking—so, if we aren't doing that, where else is this diversification supposed to come from? You guys are clearly against fracking, which basically shuts the door on imports from the US, so I'm genuinely curious: if not from there, where on earth is the gas supposed to come from?

Carl Lee27 said:Look, man,
Who actually argued against that? Seriously, did anyone in this thread even suggest that Europe is actually ready to handle enough LNG cargo to finally kick Russia to the curb?

I asked the same question twice now—and I'm really just trying to follow the logic here regarding your opposition to fracking—so, if we aren't doing that, where else is this diversification supposed to come from? You guys are clearly against fracking, which basically shuts the door on imports from the US, so I'm genuinely curious: if not from there, where on earth is the gas supposed to come from?

My comments regarding American fracking were made from the perspective of American green policy, rather than addressing the immediate exigencies and gas requirements of the EU.

Take France and Germany, for instance; fracking is prohibited there. Should they simply lift those bans and begin pumping thousands of tons of chemicals into their soil to solve the problem overnight?

Maybe those Dutchmen should just tap into the Groningen gas field already

https://twitter.com/GernotWagner/sta...91565317455872

Give this thread a read

Julius Domac, the President's special advisor on energy and crisis management, sat down for an interview on N1.

His main point? Experts have been screaming for years that relying on Russian gas was a massive mistake. "All of Europe lived under this illusion that energy is just another market commodity where everyone plays by the rules. It's not. Energy is a strategic weapon," he said.

"Gas prices are going up, and they could hit levels we haven't even dreamed of."
“We’re going to be dealing with gas issues for years. Replacing Russian supply isn't cheap. Prices will climb—we could see them hitting insane heights, maybe even 2000 euros per cubic meter. That kind of spike triggers massive inflation and wrecks agriculture,” Domac warned.

He pointed out that while we need to pivot to renewables, there's no magic switch. “Time is the one factor we can't control right now.” He didn't hold back on our past failures either, citing disastrous mistakes in domestic gas production and the slow rollout of green energy.

And it's not just gas; oil prices are also spiraling.

“Russia produces a massive amount of oil, but sanctions are choking those sales. This whole energy situation is purely geopolitical, and that means it can be manipulated. In this scenario, the USA is making a killing. It’s all politics,” he noted, adding that predicting the endgame is nearly impossible right now.

“Europe underestimated the situation by relying too much on handshakes.”
“The only real financial winner of this war is the USA,” he claimed. “Europe completely misjudged the situation by thinking they could just rely on diplomatic agreements.”

He believes the old mantra of the global market—that everything is up for sale—is dead. “Energy isn't some luxury you choose to buy or not. You have to secure it, or you don't have it.”

Carl Lee27 said:Look, man,
Who actually argued against that? Seriously, did anyone in this thread even suggest that Europe is actually ready to handle enough LNG cargo to finally kick Russia to the curb?

I asked the same question twice now—and I'm really just trying to follow the logic here regarding your opposition to fracking—so, if we aren't doing that, where else is this diversification supposed to come from? You guys are clearly against fracking, which basically shuts the door on imports from the US, so I'm genuinely curious: if not from there, where on earth is the gas supposed to come from?

Whether it’s from Qatar, Norway, or Canada—they’re all riding with the USA and leading the pack in LNG exports. Honestly, for the US to source from Norway just makes the most sense since shipping costs are way lower... You could definitely ramp up production there too, so we'd see even more gas flowing in from Norway down the road...

Look, all the stats say gas demand is gonna tank over the next decade—so this whole thing is basically just a short-term headache... Building some massive pipeline across the Mediterranean wouldn't even make financial sense anyway.

Regarding those Russian sanctions—I'm reading that they’re actually hitting them way harder than expected because all those foreign companies are just pulling out of Russia entirely... It's like they didn't even see that coming, and honestly, there's no way for them to make up for that kind of loss...

AMD, Intel, Samsung, Apple... the whole damn tech industry basically bet everything on the Russian market...

People are losing their jobs left and right—the whole economic backbone of this country is just collapsing... And let’s be real, Russia is way more dependent on the West than anyone wants to admit. Take oil extraction, for instance—they need our tech just to get the stuff out of the ground. Even the aviation industry is hitting a wall now that Boeing and Airbus have cut off the supply of spare parts... everything is falling apart...

Aeroflot, S7 Airlines, Nordwind Airlines, AirBridgeCargo, UTAir, and Rossiya Airlines—it’s a massive hit, and we're talking about just one single slice of the business...
Volkswagen basically shuttered all their plants in Russia—they'll probably just scrap the whole production line for good at this point...

Nord Stream 2 is dead—shut down completely and they’ve handed out pink slips to every single official involved. You realize that was probably the biggest private investment ever, right? So yeah, all that cash just vanished into thin air... but honestly, that’s not even the worst part of this whole mess...

Germany's building two new LNG terminals—which basically means Russia is gonna lose its biggest customer for good... finally...

I don't think we can even begin to wrap our heads around the total damage here—we're looking at a massive wave of Russian banks and corporations just going under... They’ve already bled out so much capital on the stock market, not to mention the plummeting value of every single Russian company out there...

With his military sitting right there on the border, Putin had every single card in his hand—he could've demanded anything... But by launching this invasion of Ukraine, he didn't just wreck that country, he basically signed his own political death warrant too...

Carl Lee27 said:Quincey:

I honestly don't even know where to start with this one because there is just so much to unpack, but I really feel like we need to sit down and actually talk about what’s happening right now. It feels like everything is moving at such a breakneck speed lately, you know? One minute you think you have a handle on things, and then suddenly the entire landscape shifts under your feet, and you're just left standing there trying to make sense of the chaos. I was thinking about it earlier while I was grabbing coffee—just staring out the window, watching people rush by—and it hit me how much we take for granted regarding stability. We assume things will just stay the way they are, but that’s never the case. It’s never the case! And I mean, I saw what Carl Lee27 was saying earlier about the shifting dynamics in the economy, and honestly, I couldn't agree more, though I think there's an even deeper layer to it that we're all missing. It's not just about the numbers or the headlines; it's about the actual, lived experience of navigating this uncertainty every single day. It's exhausting, isn't it? Just trying to find your footing when the ground keeps turning into sand. I truly believe if we don't stop and reflect, if we don't take a second to breathe and look at the bigger picture, we're just going to keep spinning our wheels in circles. We have to be intentional, we really do. Carl Lee27 says: Look, it’s pretty obvious we have plenty of gas, I mean, come on, Europe isn't out on Mars or something! There’s really no point in us trying to convince ourselves otherwise or stressing out about it right now—honestly, let's just see how it plays out. I'm telling you, we definitely won't be running short on gas next year.

I’ve always felt that if you can actually see something coming—if you can map out the trajectory and wrap your head around what's likely to happen—then you aren't just sitting there helpless, you know? There's this sense of agency that comes with foresight. It’s like, once you have a clear prediction in hand, you suddenly find yourself holding the steering wheel instead of just being a passenger in the car. You gain this certain level of leverage, a way to nudge things in your favor or at least brace yourself for the impact. To me, predictability isn't just about knowing the future; it's about having the opportunity to actually step in and exert some kind of control over the outcome.
Look, if I can just throw one piece of advice out there—and please, don't take this the wrong way, because I still firmly believe we’re all just kind of grasping at straws here and speculating without any real data to back us up—but you really ought to try and find a way to monetize this unique perspective you have. Seriously! Because right now, if you look at anyone else in the market, absolutely nobody shares your sentiment. It's like you're standing on a completely different island than everyone else.
The market is already bracing itself for at least a partial shutdown of supplies coming out of Russia, and honestly, we’re all just sitting here watching the fallout from decades of pure, unadulterated idiocy coming out of Germany. It's wild how much this hits us now because of decisions made years ago.

Quincey:

I honestly don't even know where to begin with this one, because my mind is just racing through a million different thoughts at once, but I feel like we really need to sit down and have a serious heart-to-heart about what’s actually happening right now. It feels like everything is moving so fast, you know? Like, one minute you're just going about your day, grabbing a coffee at Starbucks or driving down the interstate, and the next thing you realize is that the entire landscape of how we live and interact has shifted under our feet. And I mean, I’m not trying to be dramatic or anything—really, I’m not—but there’s this underlying sense of urgency that I can't shake, no matter how hard I try to ignore it. It’s like when you’re watching a massive storm roll in over the Midwest; you see those clouds building up on the horizon, all dark and heavy, and you just know that things are about to get intense. That’s exactly how I feel looking at the current state of things. We talk and we talk, and we debate and we argue, but does anyone actually feel like we're making progress? Or are we just spinning our wheels in the sand while the world keeps turning faster and faster? I find myself staring out the window sometimes, wondering if everyone else feels this same restless energy, or if it's just me being overly sensitive about the way society is evolving. It’s exhausting, truly, to constantly be processing these shifts, but I think it's important that we stay awake to it, even if staying awake is the hardest part. Carl Lee27 says: Regarding that whole thing about how nobody thought to fill up the gas storage facilities during the summer months... honestly, I think you might be missing the mark on this one.

🙄
Wait, seriously? You’re telling me I’m wrong? Are you actually, for real, absolutely certain about that?

Quincey:

I honestly don't even know where to start with this one because there is just so much to unpack, but I feel like we really need to sit down and talk about what’s actually happening here. It feels like everyone is rushing toward a conclusion without really looking at the nuances, you know? I was sitting there thinking about it this morning—probably over too much coffee, if I'm being honest—and it hit me how much we tend to overlook the small details that actually drive the big shifts in our society. It's like when people talk about major economic changes in the US; they focus on the massive headlines from Wall Street, but they forget about the actual impact on a family living in a suburb outside of Chicago or something similar. We need to be more thoughtful! I'm not trying to be difficult, I promise, I'm just genuinely concerned that we're losing that sense of careful observation. I mean, look at how we react to everything lately—it's all instant gratification and quick takes, whereas I think we owe it to ourselves to slow down just a little bit and really weigh the consequences before we jump on the bandwagon. Does anyone else feel that weight, or am I just overthinking things again? I really want to hear what you guys think, truly. Carl Lee27 says: Look, there’s really no point in underestimating us Americans, regardless of who you might personally root for or whatever side you think is winning the argument... but let's be real here, it's not like there are 500 million idiots living in the EU.

Oh, man, just what we needed. Right in the heart of Europe, you’ve got this massive powerhouse—the literal engine of the EU—acting like they’re being dead serious when they try to pull the plug on nuclear energy just so they can pretend natural gas is some kind of "green" miracle solution. It’s all happening under the guise of fighting climate change, of course, but honestly, it feels like such a massive, misguided pivot.
I mean, let’s be real here—there is absolutely no way you could cram 500 million idiots into the EU when the total population is only around 447 million! The math just doesn't add up, does it? It's physically impossible!

I honestly don't even have the energy to dive into all that Russian propaganda nonsense right now. I'm just not going to touch it.

You haven't actually explained anything at all here; you've just laid out your own ideological biases and some personal wishful thinking that I honestly think is more likely to be granted by a genie in a bottle than by any kind of "green" energy policy coming out of the EU.
And even that, just in really brief bullet points.

https://en.wikipedia.org/wiki/Whataboutism

LP

This massive thread breaks down how much Russia actually relies on the West and China. It covers where their reserves are, why everything is so overpriced (basically just paying premiums to line the pockets of Putin's buddies), and how China is playing everyone to their own advantage. Tons of charts, images, and actual useful data here.

You can see right here why sanctions are going to hit them as hard as they're about to. If you think there's a better place for this discussion, feel free to move it.

https://twitter.com/kamilkazani/stat...55858456567809

Just another possibility—though, obviously, don't hold your breath on this one.
If Putin falls by autumn and Russia tries to play nice just to ease those sanctions and get the country back on its feet,
they might start pumping twice as much gas through Nord Stream 2 at half the price!?

Larry Fox5 said:Whether it’s from Qatar, Norway, or Canada—they’re all riding with the USA and leading the pack in LNG exports. Honestly, for the US to source from Norway just makes the most sense since shipping costs are way lower... You could definitely ramp up production there too, so we'd see even more gas flowing in from Norway down the road...

Look, all the stats say gas demand is gonna tank over the next decade—so this whole thing is basically just a short-term headache... Building some massive pipeline across the Mediterranean wouldn't even make financial sense anyway.

Regarding those Russian sanctions—I'm reading that they’re actually hitting them way harder than expected because all those foreign companies are just pulling out of Russia entirely... It's like they didn't even see that coming, and honestly, there's no way for them to make up for that kind of loss...

AMD, Intel, Samsung, Apple... the whole damn tech industry basically bet everything on the Russian market...

People are losing their jobs left and right—the whole economic backbone of this country is just collapsing... And let’s be real, Russia is way more dependent on the West than anyone wants to admit. Take oil extraction, for instance—they need our tech just to get the stuff out of the ground. Even the aviation industry is hitting a wall now that Boeing and Airbus have cut off the supply of spare parts... everything is falling apart...

Aeroflot, S7 Airlines, Nordwind Airlines, AirBridgeCargo, UTAir, and Rossiya Airlines—it’s a massive hit, and we're talking about just one single slice of the business...
Volkswagen basically shuttered all their plants in Russia—they'll probably just scrap the whole production line for good at this point...

Nord Stream 2 is dead—shut down completely and they’ve handed out pink slips to every single official involved. You realize that was probably the biggest private investment ever, right? So yeah, all that cash just vanished into thin air... but honestly, that’s not even the worst part of this whole mess...

Germany's building two new LNG terminals—which basically means Russia is gonna lose its biggest customer for good... finally...

I don't think we can even begin to wrap our heads around the total damage here—we're looking at a massive wave of Russian banks and corporations just going under... They’ve already bled out so much capital on the stock market, not to mention the plummeting value of every single Russian company out there...

With his military sitting right there on the border, Putin had every single card in his hand—he could've demanded anything... But by launching this invasion of Ukraine, he didn't just wreck that country, he basically signed his own political death warrant too...

Look, if we're talking about the biggest exporters on the planet, you've got Australia, Qatar, and the USA. And honestly, out of those three, Americans have by far the most potential to actually ship stuff over to Europe.

Now, Canada LNG isn't even exporting yet. Like, at all. They're currently building their only terminal up in British Columbia, which is backed by major players like Japan, China, Malaysia, and Korea. So, if any shipments eventually start coming out of Canada, they'll mostly likely just end up flowing through US terminals anyway.
Norway is also kind of a minor player in this specific context, just one terminal pushing maybe 6 to 7 billion annually.

That really leaves Qatar and Australia to pick up the slack, and they'll definitely cover some of the demand. I can't say for sure about Australia, but Qatar is actually planning to ramp up production. The catch—and it's a bit of a headache—is that just like the Russians, they much prefer those long-term contracts, and a huge chunk of their capacity is already locked down for Asia.