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Originally Posted by SnS_12 They don't have that advantage anymore.
The United States became a net oil exporter in 2020 under Trump's leadership, marking the first time in the 70 years the government has tracked the trade in petroleum that America shipped more oil abroad than it imported. But after Biden took office the US is again a net importer thanks to his administration pursuing policies to squeeze oil-and-gas producers to limit production and eventually go out of business in the US. Hence, there is a growing call for the industry to be revived again and bring down Energy costs. |
As per sources on the web, they are preparing for massive production increase currently and after August 2020 it has been increasing considerably and consistently. Shutting Russia gives clients to the 'reviving' oil industry of USA. One of the sources is below:
https://www.politico.com/news/2022/0...ussia-00014778 Quote:
Originally Posted by thanixravindran Fuldagap - Isn't few years back OPEC and Russia were flooding the market with oil to push Shale gas producers of USA to go out of business (at the level that it doesn't make sense to do fracking but just buy the oil) and then started raising the prices? Also, isn't during Pandemic Saudi and Russia both were again pushing the prices down after failed negotiations on production cuts and finally agreed on the prices after bleeding themselves severely? |
USA started to push the prices down first. They actively supported their fracking companies to indulge in price war against Russia. Russia did not budge though. In this price war Saudi suffered a lot because its crude oil costs were much higher than those of Russia's, although lower than that of US shale companies producing oil through fracking. During the pandemic, USA cut down on oil production too, so much so that some of its companies went bankrupt.
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Originally Posted by thanixravindran Can USA now simply not produce enough Shale gas to stabilize its pump prices? I know the US is the biggest consumer of energy but is their need so high that they cannot be self sufficient with Shale Gas? Or is it simple case of economics that those corporations just use this high prices for profiting? |
USA is doing that consistently. As per the source cited above they have been increasing it considerably since August 2020. Alaska floats on oil they say.
Self sufficiency is not always the goal even if a country has considerable reserves of a commodity. Commodities like coal and crude oil are also used for other goals related to long term macro and strategic plannings and decisions. IMHO USA couldn't win against Russia in the oil price war so trying different tactics to get Russia engaged in geographic conflicts aimed at destroying Russia's economy and its relations with other countries. However, China has come out to be a very strong supporter of Russia, the degree of which was not so much evident earlier that it would be so high. Just before the onset of this war, Russia secured a 30- year oil deal with China.
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Originally Posted by SnS_12 More info on the biological research labs and how the Russians have planned this attack and their objective.
From the video..
US goes to Iraq in search of WMD and come back empty handed. Russia goes to Ukraine and finds WMD.
Russia has been fighting this war with one hand tied at the back and which the West is showing as Ukraine is giving them a tough time and are pushing them back.
Ukrainian’s themselves are saying that the Russian military has been very polite to them and all this is said by a former US Marine Corps Intelligence officer. |
Whenever I see "spies", "int officers", "agents" and terms like that on the media, I tend to ignore them mostly. This community, from whichever country, is tight lipped even after retirement or leaving the job if they actually worked on something. People, even from India, who claim on Youtube or other media to be former employees of int agencies or 'spies' or 'agents' are simply bluffing or just looking for fame. Even the likes of AS Dulat or B Raman or any other significant int figure from our country, never revealed much even in the best books they wrote. Same is true for other countries as well. Since the well trained or the really important seldom come to light, such "int officers" as the one cited in the video become honeypots for the civilians. As a Private in the Marine Corps, it is quite doubtful he'd know as much as he claims or would have gotten his hands on as important subjects as discussed in the video. There are many on the internet who claim to be what they never were. There is almost nothing that can be done to ascertain the veracity of such videos, discussions or interviews.
An anecdote from the 19th century:
Sidney Reilly, the so called greatest spy ever, used to work for Britain (now MI6/5). In his very long, amusing and complicated exploits, one was when he was operating in Russia and helped Germany secure a massive Russian order for marine weaponry and vessels. Britain was supposed to get it, it being the ace of marine force in the world at that time and also due to the fact that Reilly himself was supposed to fetch that massive order for Britain.
Britain was pissed off with Reilly so much so that he was considered a traitor. Only 2 or 3 people in Britain's agency knew what Reilly was really upto. Being in a prominent position in Soviet, Reilly had influenced the decision makers there to grant the order to Germany instead of Britain. He did that so as to gain access to the 'blueprints' of German marine vessels and pass on those to his boss in Britain's agency. This made sure that Britain had an edge over Germany in any oncoming tussle in the seas. This was a secret till decades of time to come.
Reilly was later killed by Joseph Stalin, mostly what happens to real guys who actually work.
Lesson being, what happens behind the top secret curtains can never be known to anyone. There is no media or an analyst who has access to such a high level of decision making.
IMHO the real objectives of the war in Ukraine can never be ascertained from USA's or Russia's perspective. It could only be revealed in bits and pieces over an extremely long period of time. As an observer sometimes even a passionate civilian with no connection whatsoever to the 'machinery' might also be able to 'see' what is going on but that will best be categorised as speculation.
Why the host of the video looks like James May though?