About a year ago, I was advocating that we pump more oil to provide fuel to the EU (Okay, NATO) nations. In particular, it was fracking production that would make the difference. That way Europe would stop relying on Russian suppliers. While no one officially joined in the chorus, it’s clear the powers that be did.
Tag Archives: Russia
A 21st Century Underground Railroad
When I was in elementary school, I remember being intrigued by the concept (and success of the ) Underground Railroad. Which, of course, despite the wonderful novel (and less accomplished miniseries) written by Colson Whitehead was not really a railroad line. It was just semi-formal route where slaves and free blacks could escape to safe havens in the Northern and Mid-Western regions of the USA.
Russia and Ukraine…An update
We haven’t discussed the situation in the Ukraine for a while.
But, I’m sure you know that Russia is perpetrating a slew of war crimes almost every day. They send in drones and bombs to attack civilian targets- in particular- power plants, electric grids, water supply systems and the like.
Economic Morass
I am not quite sure we thought this all the way through.
After dealing with two years of economic dislocation, supply chain disruption, and deaths due to the pandemic, we are now in yet another period of deprivation.
Grain may flow
Russia has been blockading Ukraine’s Black Sea ports for months. (95% of Ukraine’s food exports traveled this route.) Which means the world is suffering from food shortages. And, it also means Ukrainian farmers lack the funds to purchase new supplies to grow the next crop. But, even if they had the cash, they don’t have any space where they can deliver the crop harvest that is waiting to be exported, since the granaries are full and loaded ships are stuck in the ports.
Food Insecurity
We are not going to discuss the inflation taking over America. (Not to mention, this is a world wide phenomenon. After all, besides the initial supply chain disruption, Russia’s invasion and annihilation of Ukraine has boosted oil and food prices.)
Let’s Pump More Oil to Punish Russia.
Some 22 days ago, I agitated that President Biden and Mitch McConnell (as the titular leaders of their respective parties) lean on (at least) the smaller oil producers in the South and the Midwest to up their production. Not just to counteract the removal of Russian Oil from the market place , but because, as happened in the past, as our oil production increases, the price per barrel drops precipitously.
Stop Putin Now!
Putin has decided to flaunt the current world rules and invade Ukraine. After all, the world did little (almost nothing?) when he stole Crimea, and even less when he had his cronies claim semi-autonomy for the Eastern provinces of the Ukraine.
Crude- and Crude
We’ve heard TheDonald claim that it’s Saudi Arabia that is keeping oil prices down. Except, it’s the good old USA that’s performing that task.
The Russians are coming! The Russians are coming!
Here’s a firm you might never heard mentioned- but you should add it to your watch list. Especially their resources page.
Continue reading The Russians are coming! The Russians are coming!