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Friday, February 25, 2022

Gas and Oil flow increased out of Russia.

MUCH TALK ABOUT SANCTIONS, BUT OIL AND GAS FLOW UNINTERRUPTED

 GAS STILL TRAVELLING ACROSS UKRAINE PIPELINES


It is now obvious that the talk of sanctions is mostly just that. Ukraine was led to believe that the west had the power to protect them from Russian aggression. It is clear that the bluffing was coming from NATO and Washington. Ukraine, Germany and others considered a negotiated remedy with Russia, but Washington insisted they all stand down and refuse to give an inch on NATO expansion and Russian containment.

Consider this: Does everyone forget that Ukraine is dependent on Russian natural gas and the revenue from that natural gas pipeline? They receive $1.8 billion in revenues from the pipeline.

Did anyone take notice that while the U.S. opposes the Nord Stream 2 pipeline into Germany, the pipeline into Ukraine is never mentioned. The same pipeline that supplies gas to the company with Hunter Biden a board member. There are actually 12 pipelines supplying gas from Russia to their close neighbors. At present Russia supplies gas to Ukraine, Belarus, Kazakhstan, Moldova, Lithuania, Armenia, Latvia, Estonia, Georgia, and South Ossetia.

Russia also supplies gas to Germany, Turkey, Italy, Poland, Great Britain and the Czech republic.

They also sell oil to the United States.

Russia is also in the process of building other pipelines, the South Stream pipeline to Bulgaria, The Altai pipeline from Siberia to China and the Caspian pipeline to the Asia-Pacific region.

None of the energy flowing through these pipelines is diminished, actually it has been reported today that the flow has been increased. This includes several pipelines through Ukraine that have been unharmed.

Germany and others refused to agree to any sanctions that would endanger the flow of energy. They have foolishly shut down their nuclear plants in favor of wind and solar. Lack of enough wind in the North Sea set off an energy crisis months ago and any other disruption could lead to an economic disaster in Europe.

Italy only agreed to sanctions after a cut out was provided for Italian Luxury goods to Russia. Lamborghinis, Ferraris and expensive handbags. Italy has also announced that they are going to put coal fired plant back on line.

Germany has already put some coal plants back online.

Even Russian oil to the USA is being received uninterrupted.

China and India have decided to stay out of this fray, a combined population of 3 billion compared to 1 billion of  Europe and the US combined.

Most Mid-East oil producers have stated that they could not or would not increase production.

We saw yesterday that Ukraine has proposed talks in Minsk or Warsaw and have tentatively agreed to make Ukraine a non-aligned independent country. This offer was repeated again today. It is interesting that this news was not reported in much of the press, but has been verified from both parties.

 

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