Ukraine - Russia Conflict

jetray said:
West to gulf and other countries, increase oil output as we want to stop consuming oil in near future. There is going to be radical shift geopolitics in next 10 years, gulf countries which were under US protection might themselves find under threat by west.

www.euractiv.com

EU nations approve end to combustion engine sales by 2035

The EU's 27 member states approved to end the sale of vehicles with combustion engines by 2035 in Europe, officials announced early Wednesday (29 June), marking a major victory in the EU's bid to reduce CO2 emissions to net-zero by 2050.
www.euractiv.com www.euractiv.com

there is no stopping russian oil, even saudi indirectly use it.

finance.yahoo.com

Now Egypt Emerges as Major Supplier of Fuel Oil to Saudi Arabia

(Bloomberg) -- Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsTesla Cuts 200 Autopilot Workers as California Site ClosesTrump’s Final Scene Didn’t Go According to ScriptBig Tech Sinks Stocks Bruised by Recession Jitters: Markets WrapChina Cuts Travel...
finance.yahoo.com finance.yahoo.com
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They will stop selling petrol/diesel cars in 10-15 years, but the will remain on the road. You also have industrial equipment still, ships, planes etc. And oil makes far more than just fuels.

Maybe not, but it can be reduced dramatically. Saudis have no need of it.
 
BMD said:
They will stop selling petrol/diesel cars in 10-15 years, but the will remain on the road. You also have industrial equipment still, ships, planes etc. And oil makes far more than just fuels.

Maybe not, but it can be reduced dramatically. Saudis have no need of it.
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Transportation consumes more than 50% of the oil produced, once mass transportation is removed from picture, europe & US produce enuf oil and would not need any imports. Which literally means gulf will no longer be that important and also west will be free to wage war without much consequences on economic front.
 
jetray said:
Transportation consumes more than 50% of the oil produced, once mass transportation is removed from picture, europe & US produce enuf oil and would not need any imports. Which literally means gulf will no longer be that important and also west will be free to wage war without much consequences on economic front.
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Transportation involves more than just cars though. US maybe, Europe no, especially not with increasing population. There are many powerplants that also run on gas. In 50-60 years it might be irrelevant but that's a long time.

Besides, selling 200 barrels at $x is better than 150 at $1.1x. Costs per barrel is negligible for them, so it's mostly all profit at almost any likely price. And with Russia getting blocked from the EU and North American markets, their market share will increase massively.

www.nber.org

Limits on OPEC Output Increase Global Oil Production Costs

www.nber.org www.nber.org

OPEC members generally face much lower costs of production than other producers. In Saudi Arabia and Kuwait, production costs per barrel rarely exceeded $10 per barrel throughout the study period, and median costs were $5.40 a barrel. At the 95th percentile, the production cost was about $10 per barrel.
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The Russian Defense Ministry showed footage of a Mi-35 helicopter sortie in Ukraine. Pilots of the Mi-35 in the roll-up mode carried out an attack on targets and at low altitude left the air defense of Ukraine.



The blow of Russian soldiers from the Kornet ATGM was caught on video. A group of Ukrainian soldiers moved along the forest belt towards the positions of the Ukrainian army. To strike at the enemy, the Russian crew used the 9M133FM-2 missile with a thermobaric warhead, this type of missile can hit infantry and light equipment at a distance of up to 8000 meters.


The militia in Donetsk carried out the modernization of the BMP-2, equipping it with dynamic armor and a Romel box. Also, the protection of the T-64 tank was significantly enhanced, additional elements were added to the standard elements of dynamic protection. "Rommel box" - a turret tank box designed to store ammunition and ammunition, was widely used in the Second World War on the tanks of the African Corps of the German army. The BMP-2 was protected by dynamic armor and equipped with a Romel box, also with dynamic protection. The Ukrainian T-64 tank was reinforced with dynamic protection, and even better than the protection that is on the modernized T-64 tank, and was also equipped with a Romel box.

 
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Hellish "rain" for the occupier from the 24th brigade of the Armed Forces
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Couldn't stand the blows! Zaluzhny showed how the Armed Forces expelled the Russians from Zmiinyi
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Looks like they have a howitzer that can hit Zmiiny Island at a range of 70km. ;)

 
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