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Oil nears $110 a barrel after gas field strike

bbc.com

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Re: Oil nears $110 a barrel after gas field strike

#61

Post by reillyse »

cyberax wrote: post #3
fla10212 wrote: post #2

The natural gas field strike very conveniently increases the EU dependencies on US LNG. The diversification via Qatar had already been shut down, now Israel drives the Iranian gas buyers to compete on the world market. It is a great plan. The Gulf Monarchies are weakened (that is what you get for your Trump bribes ...), the EU is weakened, and the US controls all energy flows. China can use the land route to Russia.…

[flagged]

A terrible idea, you think the Russians are going to appreciate you killing their leader?

A better idea is to try to get Russia to join the EU and use an open market to exert control over the more extreme behaviors and tendencies in Russia. A lot of Russian behavior is based on paranoia (completely justifiable paranoia when you see the way the US is behaving) so perhaps having them in the European fold will chill them out a bit - obviously this is far fetched but it's at least a way to fix this long term.

Re: Oil nears $110 a barrel after gas field strike

#62

Post by onedognight »

loudmax wrote: post #22
fla10212 wrote: post #2

The natural gas field strike very conveniently increases the EU dependencies on US LNG. The diversification via Qatar had already been shut down, now Israel drives the Iranian gas buyers to compete on the world market. It is a great plan. The Gulf Monarchies are weakened (that is what you get for your Trump bribes ...), the EU is weakened, and the US controls all energy flows. China can use the land route to Russia.…

> It is a great plan. Let's be real here. Nothing this administration ever does is planned.

> Nothing this administration ever does is planned.

You are joking, right? Project 2025 has achieved 50% of its goals in record time[0]. Trump disavowed both it and invading Iran, but make no mistake. Both were “the plan”.

[0] https://www.project2025.observer/en

Re: Oil nears $110 a barrel after gas field strike

#63

Post by bigbadfeline »

rwyinuse wrote: post #44
thow7987922o wrote: post #31

Earlier quoted context omitted.

[dead]

End of civilization takes a lot more than high oil/fertilizer prices, even if it causes famine in poorer countries.

> End of civilization takes a lot more than high oil/fertilizer prices,

Energy prices factor into everything else, so there literally will be a lot more than higher oil/fertilizer prices.

The end of civilized relations between countries is a sign of sick and dying civilization and we are there already, plenty of other evidence too.

> even if it causes famine in poorer countries.

So compassionate of you.

Re: Oil nears $110 a barrel after gas field strike

#65

Post by josefritzishere »

krior wrote: post #56
pphysch wrote: post #45

Earlier quoted context omitted.

There are vague allegations of Iran being the "leading state sponsor of terror" on one scale, and then Israel openly doing a genocide and starting wars of aggression and assassinating countless civilian and military leaders on the other scale, with a growing number of American bodies as cannon fodder. It is up to you to decide where justice lies.

Are you blaming Israel for american troops in Iran? Is the US not a sovreign nation anymore?

This is a valid question, and the answer is unfortunately no. There's a lot to unpack there but basically the president is acting unilaterally and in a manner which advance the interests of foreign nations.

Re: Oil nears $110 a barrel after gas field strike

#66

Post by skeeter2020 »

pphysch wrote: post #25
cyberax wrote: post #3

Earlier quoted context omitted.

[flagged]

These "decapitation" strikes can't be much more than narcissistic projection. Trump and Netanyahu are "unilateralists" (de facto dictators) and narcissists, and think everyone else must be as well, ergo decapitation strikes must be successful. It may have been true in the case of Maduro, but the jury is out (we also "decapitated" Hugo Chavez in the early 2000s but he came roaring back). It is emphatically not true in…

It really feels like we need to re-read or Orwell to understand how these countries operate. Trump believes the narrative you spelled out above because it's simple and reinforces his personal view, but it's just not true of these long-lived autocratic states. You may see power concentrated in a single individual but the entire system behaves the same way. "Kill the body and the head will die" takes a lot more work & discipline then lopping off a few necks of the hydra and hoping they don't multiply.

Re: Oil nears $110 a barrel after gas field strike

#67

Post by SauntSolaire »

reillyse wrote: post #53
jmclnx wrote: post #9

Again the US admin proves how dumb they are, even Pres. Bush II knew it would be real stupid to attack Iran. But one thing, higher oil prices may get the US to really get working to avoid Climate Change. Yes, some progress has been made, but real CO2 emissions is increasing. The only time it decreased a bit was during the Covid Shutdown. But one plus may occur, higher price of oil. Yes, higher prices will cause suffe…

I think you are failing to understand how (some) people think in the US. Expensive oil for some means that we should drill more oil wells. There is money sitting under the ground and we stick a pipe down and get it - AMAZING. That is how people think about high oil prices. If oil was to go to zero people would stop pumping it and burning it (for that to happen the alternatives have to be cheaper/better). That is what…

The demand for oil will likely never truly go to zero; too many products (outside of energy generation) rely on their byproducts.

As for the bigger picture — yes, higher prices for oil might spur extraction in regions outside of the middle east, but that's a local only viewpoint. Globally, higher oil prices reduce consumption and make green alternatives more attractive on net.

Re: Oil nears $110 a barrel after gas field strike

#68

Post by 1718627440 »

SV_BubbleTime wrote: post #5
fla10212 wrote: post #2

The natural gas field strike very conveniently increases the EU dependencies on US LNG. The diversification via Qatar had already been shut down, now Israel drives the Iranian gas buyers to compete on the world market. It is a great plan. The Gulf Monarchies are weakened (that is what you get for your Trump bribes ...), the EU is weakened, and the US controls all energy flows. China can use the land route to Russia.…

EU has had a lot of time to recognize the situation they have been in regarding energy. Sorry, but this will never not be not amusing. Where Trump being a stopped clock warns the UN about relying on foreign energy and the German delegation laughs as they were shutting down their nuclear and increasing reliance on Russia for energy. https://m.youtube.com/watch?v=FfJv9QYrlwg

> EU has had a lot of time to recognize the situation they have been in regarding energy.

There is no case of they just needed to pay attention earlier. The problem is known. There is just no good solution. Drastically scaling back energy consumption isn't going to happen any time soon and would harm the economy. So we can choose between Russia, the Middle East and the USA. Best would be of course to reduce fossil use, but that is orthogonal.

Re: Oil nears $110 a barrel after gas field strike

#69

Post by 1718627440 »

bigbadfeline wrote: post #63
rwyinuse wrote: post #44

Earlier quoted context omitted.

End of civilization takes a lot more than high oil/fertilizer prices, even if it causes famine in poorer countries.

> End of civilization takes a lot more than high oil/fertilizer prices, Energy prices factor into everything else, so there literally will be a lot more than higher oil/fertilizer prices . The end of civilized relations between countries is a sign of sick and dying civilization and we are there already, plenty of other evidence too. > even if it causes famine in poorer countries. So compassionate of you.

In the worst there will be some people dying, a lot of people get poor and maybe democracies will be replaced by feudal structures. It's still far away from the end of civilization.

Re: Oil nears $110 a barrel after gas field strike

#70

Post by DanTheManPR »

cyberax wrote: post #3
fla10212 wrote: post #2

The natural gas field strike very conveniently increases the EU dependencies on US LNG. The diversification via Qatar had already been shut down, now Israel drives the Iranian gas buyers to compete on the world market. It is a great plan. The Gulf Monarchies are weakened (that is what you get for your Trump bribes ...), the EU is weakened, and the US controls all energy flows. China can use the land route to Russia.…

[flagged]

The West is getting very cavalier about murdering the government officials of other countries.
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