Ukraine - Russia Conflict
- Thread starter randomradio
- Start date
How would it be falling when economies are growing? Road transport is 57%, and I suspect 7% will remain. Ships and aircraft will continue using fossils fuel and likely increase slightly. All the other sectors will grow, hydrogen will increase.Non-transport uses for oil are very low. Basically less than 30%. And even that's falling.
Russia has become the biggest supplier of the two largest growth markets for oil though. To them, it's a win.
Europe needs India. And not merely for trade. India is very crucial for the overall security of Europe, both physical and financial. Plus the fact that the global center of gravity is slowly moving back towards India.
It would like to get on well with India, but it won't allow India to bypass oil and gas sanctions for Russia, as regards EU/NA imports. Global centre measured by PPP or nominal? Africa and South America are developing too don't forget, that will pull it back the other way in time.
Their media wasn't dumb enough to call it a goodwill gesture. It's a sensible move given the position of forces.
It was only a matter of time, it's been a logistics hub for supplies and ammo, and it's been used for Iskander-M launches.
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Makes sense, leave nothing for the enemy.
I think that's called an own goal.
Russian air force really is pathetic. Where are the SU-35/30SM CAP? Why aren't Ukrainian airstrips bombed? USAF would never allowed such nonsense they would have taken out enemy airbases the first week of a war or allowed some enemy prey to take off so that USAF predators can feed and not feel left out and bored. It's mindboggling that there's no Russian air force stopping such attacks.
That clearly wasn't a residential target, whatever that hit. Explosion is too big.
Yep, their air and counter-air was the most over-estimated ability pre-war.
Another ship/boat harpooned.
DoD: Ukraine Sinks Russian Supply Ship With Harpoon Missile - USNI News
Ukrainian forces used a Harpoon missile to sink a Russian resupply ship headed to Snake Island, a senior defense official told reporters Friday afternoon. The sinking of the ship helped Ukrainian forces retake Snake Island, which had been in Russian control since the early days of the invasion...
news.usni.org
The Americans being politically stupid, or politically motivated in this case.
This war is very, very good for America. Yeah, there are inflationary pressures, but getting the Europeans off their butts is worth such a small price. They will make up for it with energy exports to Europe by next year.
The most important thing Biden has done since becoming President is force the militarisation of Europe, and in time too. I bet Clinton would have initiated this plan well before the pandemic had she won. This would have bought the US 4 additional years, instead of Trump helping Russia earn 4 extra years, which we now know allowed enough time for Russia to militarise. Trump's reelection would have given the Russians an additional 4-6 years. I guess the US got really lucky there.
Peak = peak. It doesn't matter how many new countries come up, developing countries are at least 30 years away from consuming oil at the same rate as the EU for them to compensate for the loss of the EU market. So it's unlikely to ever happen. Developing countries are now preferring renewables.
Putin’s Media Blitz on Africa Food Crisis Sparks Alarm in Europe
(Bloomberg) -- European governments have been alarmed by a Russian disinformation campaign that seeks to deflect criticism that President Vladimir Putin’s war with Ukraine risks leaving millions of people in Africa facing famine.Most Read from BloombergPerson of Interest in July 4 Parade...
'Peak' doesn't mean that it won't be valuable afterwards. Adjusted for inflation, the highest price of gold was in 1980, but gold is still valuable. You miss what I'm saying, the world population is growing, and the global economy is growing in general, so non-transport uses will increase. It won't fully adjust for the loss of personal transport but oil will still be very profitable for those with low production costs. Not all oil uses even have emissions, so it's nothing to do with renewables.
America this, America that. No talk of what Russia is doing ever. Russia has no agenda. Russia has fired more cruise missiles of Kalibr type alone in Ukraine than the NATO has fired of any type of cruise missile since 1990. In fact, that became true a month ago. This doesn't include Kalibrs used in Syria or other stand-off missiles used in Ukraine (Iskander-M/Ks, P-800s, Zircons, Kh-22/32s, Kh-59MK2/Kh-69s. They have no means of persuasion, only force.
PS: Presidential terms are always 4 years in the US. Maximum is 8 years (2 terms).
