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Russia will no longer accept "compromised currencies" for its gas. Rubles only.
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49RFootballNow Offline
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Post: #41
RE: Russia will no longer accept "compromised currencies" for its gas. Rubles only.
Germany's issue is on the one hand it needs Russian gas, but on the other it needs to continue exporting to it's largest trade partner, who also happens to be the leader of it's alliance coalition.
03-24-2022 03:56 PM
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BlueDragon Away
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Post: #42
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(03-24-2022 09:23 AM)UTSAMarineVet09 Wrote:  
(03-24-2022 09:21 AM)Todor Wrote:  
(03-24-2022 09:08 AM)bullet Wrote:  
(03-24-2022 08:36 AM)49RFootballNow Wrote:  Seems like a good place for this:

[Image: COMM-everythings-bigger-in-texas-0413201...;width=960]

You really don't want to tick off the Texas market.

Too bad your little Texas graphic is so factually wrong. Try again though. Perhaps someone not from Texas can help you with it.

https://www.bing.com/images/search?view=...t=4&sim=11

What was wrong with the numbers from Texas?


I think its a safe bet that Texans standard of living dwarfs the Russian way of life.

Todor would be living in a mud hut if he was still in Ruskyland.
(This post was last modified: 03-24-2022 05:45 PM by BlueDragon.)
03-24-2022 05:45 PM
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BlueDragon Away
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Post: #43
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(03-24-2022 09:45 AM)ballantyneapp Wrote:  
(03-24-2022 09:23 AM)UTSAMarineVet09 Wrote:  
(03-24-2022 09:21 AM)Todor Wrote:  
(03-24-2022 09:08 AM)bullet Wrote:  
(03-24-2022 08:36 AM)49RFootballNow Wrote:  Seems like a good place for this:

[Image: COMM-everythings-bigger-in-texas-0413201...;width=960]

You really don't want to tick off the Texas market.

Too bad your little Texas graphic is so factually wrong. Try again though. Perhaps someone not from Texas can help you with it.

https://www.bing.com/images/search?view=...t=4&sim=11

What was wrong with the numbers from Texas?

i'm not clicking on a bing(LOL) link, but my guess is the main gripe with that chart is the difference between nominal GDP and GDP by PPP (purchasing power parity).

theres pro/cons to both, but IMO russia is a closed enough economy that PPP isn't as useful as in truly open economies.

Your facts are as solid as the Texas Economy.
03-24-2022 05:47 PM
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TIGERCITY Offline
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Post: #44
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
United States and the European union strike gas deal. United States will produce more gas



(This post was last modified: 03-25-2022 11:11 AM by TIGERCITY.)
03-25-2022 11:10 AM
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Post: #45
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(03-25-2022 11:10 AM)TIGERCITY Wrote:  United States and the European union strike gas deal. United States will produce more gas




Biden is going to get hounded by the progressive greens.
03-25-2022 11:35 AM
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Attackcoog Offline
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Post: #46
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(03-25-2022 11:35 AM)bullet Wrote:  
(03-25-2022 11:10 AM)TIGERCITY Wrote:  United States and the European union strike gas deal. United States will produce more gas




Biden is going to get hounded by the progressive greens.

Maybe. Oil of course can be stored in tanks---but gas requires high pressure infrastructure from well head to the shipping point. I dont know if its still the case, but as recently as a few years ago, natural gas in most of the northern shale fields was simply being flared off because there was no infrastructure to send it anywhere. Assuming its not already being done---building the infrastructure to capture that flared gas from existing wells in that area would be something everyone would agree with. It would provide us and our allies a cheap source of gas that is essentially a waste product right now.

However, as I said before---as a nation---we need to stop pretending that the electric car and renewable energy is going to make us energy independent anytime soon. Its not. In some parts of the nation---it never will (for starters---solar and wind are not necessarily viable everywhere in the US). As a nation---we need to understand that we MUST be energy independent and the only way to do that in the short term in drill baby drill. Green renewable energy is fine where it works---but that technology needs to be improved to the point that it more efficient and can be produced with fewer rare elements (because we have little access to them).
(This post was last modified: 03-25-2022 11:50 AM by Attackcoog.)
03-25-2022 11:47 AM
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Post: #47
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(03-25-2022 11:47 AM)Attackcoog Wrote:  
(03-25-2022 11:35 AM)bullet Wrote:  
(03-25-2022 11:10 AM)TIGERCITY Wrote:  United States and the European union strike gas deal. United States will produce more gas




Biden is going to get hounded by the progressive greens.

Maybe. I dont know if its still the case, oil of course can be stored in tanks---but gas requires high pressure infrastructure from well head to the shipping point. As recently as a few years ago, natural gas in most of the northern shale fields was simply being flared off because there was no infrastructure to send it anywhere. Assuming its not already being done---building the infrastructure to capture that flared gas from existing wells in that area would be something everyone would agree with.

However, as I said before---as a nation---we need to stop pretending that the electric car and renewable energy is going to make us energy independent anytime soon. Its not. In some parts of the nation---it never will (for starters---solar and wind are not necessarily viable everywhere in the US). We need to understand that we MUST be energy independent and the only way to do that in the short term in drill baby drill. Green renewable energy is fine where it works---but that technology needs to be improved to the point that it more efficient and can be produced with fewer rare elements (because we have little access to them).

Cutting off Russian oil purchases is largely symbolic. Oil is fungible. But if Europe cut off Russian gas purchases, the Russians would just have to flare it or shut in production. That would hurt Russia.
03-25-2022 11:49 AM
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Attackcoog Offline
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Post: #48
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(03-25-2022 11:49 AM)bullet Wrote:  
(03-25-2022 11:47 AM)Attackcoog Wrote:  
(03-25-2022 11:35 AM)bullet Wrote:  
(03-25-2022 11:10 AM)TIGERCITY Wrote:  United States and the European union strike gas deal. United States will produce more gas




Biden is going to get hounded by the progressive greens.

Maybe. I dont know if its still the case, oil of course can be stored in tanks---but gas requires high pressure infrastructure from well head to the shipping point. As recently as a few years ago, natural gas in most of the northern shale fields was simply being flared off because there was no infrastructure to send it anywhere. Assuming its not already being done---building the infrastructure to capture that flared gas from existing wells in that area would be something everyone would agree with.

However, as I said before---as a nation---we need to stop pretending that the electric car and renewable energy is going to make us energy independent anytime soon. Its not. In some parts of the nation---it never will (for starters---solar and wind are not necessarily viable everywhere in the US). We need to understand that we MUST be energy independent and the only way to do that in the short term in drill baby drill. Green renewable energy is fine where it works---but that technology needs to be improved to the point that it more efficient and can be produced with fewer rare elements (because we have little access to them).

Cutting off Russian oil purchases is largely symbolic. Oil is fungible. But if Europe cut off Russian gas purchases, the Russians would just have to flare it or shut in production. That would hurt Russia.

They had to temporarily shut down production years ago when the USSR collapsed. Because the of the structure of their fields---a shutdown apparently results in much of the well production being lost forever. Apparently last time it happened it took them 30 years to rebuild that lost production---so---the world may not want to force that set of circumstances on Russia because that means the current oil inventory shortfall will not likely be a short temporary blip---but instead become a years long new "normal".
(This post was last modified: 03-25-2022 11:57 AM by Attackcoog.)
03-25-2022 11:56 AM
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Todor Offline
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Post: #49
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(03-25-2022 11:10 AM)TIGERCITY Wrote:  United States and the European union strike gas deal. United States will produce more gas




This might be some kind of PR victory in the short term, but Europe cannot simply pay higher than market price for the sake of politics forever just to make a point, all the while losing the Russian market for many things they sell which are now not being sold.
03-26-2022 01:02 AM
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Todor Offline
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Post: #50
RE: Russia will no longer accept "compromised currencies" for its gas. Rubles only.
So, no countries admit to paying Rubles for their gas, but the Ruble has rebounded to pre sanction levels. (It was actually worth more last I checked) Odd occurrence indeed. Lol. All the talk about Russians sanctions and they have done very little because Russia was prepared. They have been under international pressure to try to get Putin out and it’s all been a failure. They have about a 10 year head start on the western reactionaries.

https://www.washingtonexaminer.com/opini...-its-value
(This post was last modified: 03-31-2022 11:59 PM by Todor.)
03-31-2022 11:56 PM
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glacier_dropsy Offline
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Post: #51
RE: Russia will no longer accept "compromised currencies" for its gas. Rubles only.
The ruble is still backed by about a state of Florida level economy.
04-01-2022 12:31 AM
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Todor Offline
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Post: #52
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(04-01-2022 12:31 AM)glacier_dropsy Wrote:  The ruble is still backed by about a state of Florida level economy.

Which puts it up among the largest in the world. The size of an economy doesn’t determine what a currency it’s worth. Basic Econ. Sorry.

The west has most likely caved and is paying in Rubles behind the scenes. Either that or Russias economy is doing even better than we thought. Strong currencies don’t happen just because.
04-01-2022 12:36 AM
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glacier_dropsy Offline
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Post: #53
RE: Russia will no longer accept "compromised currencies" for its gas. Rubles only.
The size of the city doesn't determine how many will weep when it is bombed.
04-01-2022 12:54 AM
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Todor Offline
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Post: #54
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(04-01-2022 12:54 AM)glacier_dropsy Wrote:  The size of the city doesn't determine how many will weep when it is bombed.

Move the goalpost often03-lmfao
04-01-2022 02:54 AM
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shere khan Offline
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Post: #55
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(04-01-2022 12:54 AM)glacier_dropsy Wrote:  The size of the city doesn't determine how many will weep when it is bombed.

Rhetorical nonsense
04-01-2022 06:38 AM
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glacier_dropsy Offline
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Post: #56
RE: Russia will no longer accept "compromised currencies" for its gas. Ruble...
(04-01-2022 06:38 AM)shere khan Wrote:  
(04-01-2022 12:54 AM)glacier_dropsy Wrote:  The size of the city doesn't determine how many will weep when it is bombed.

Rhetorical nonsense

Consistently proud of being an ass.
(This post was last modified: 04-01-2022 07:38 AM by glacier_dropsy.)
04-01-2022 07:38 AM
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