Sanctions..

 

Crude prices will likely go even higher still after already surging following Russia's invasion of Ukraine.

Europe is hugely dependent on Russian oil imports. It gets about a quarter of its oil from Russia, by far the biggest single source of oil imports into the continent.

Ultimately, it's expected that an EU ban on Russian oil imports will result in a loss of 2 million barrels a day from Russia.

 Russia could make up the loss of revenue from sales to the EU through higher crude prices.

European citizens will be hit hard for sure, but even in the U.S., it's hard to see any relief in sight to gas prices.

The U.S. is also approaching the summer season, and the Hurricane season, so higher prices are coming. Just a thought.

Investigate..

 

Spiral..

 

The desire to humiliate Putin and reinforce U.S. global military dominance is shortsighted and dangerous. It risks escalating, expanding, and prolonging the war in Ukraine. It will vastly increase the probability of a nuclear exchange, which could easily spiral into a global holocaust. 

The highest priority of the United States should be to bring this war to a swift conclusion through an immediate ceasefire and a negotiated settlement that is fair and durable.

Yet the Biden administration under pressure from Congress and the foreign policy establishment has only ratcheted up its war aims, from containing Russia to crushing it. 

 Following a high-level visit to Ukraine, Defense Secretary Lloyd Austin described the U.S. goal as seeing “Russia weakened to the degree it cannot do the kinds of things it has done in invading Ukraine,” while Democratic leaders called for an outright military “victory”. 

With that Food shortage, Oil Prices, Steady Inflation and increase poverty around the globe, all are very welcome to this Democratic Party to keep the focus away from Domestic Issues and Mid Term Election.  Just a thought.

Transitional..

 

Shortage..

 

The Russia-Ukraine war is already taking a dramatic toll on the world economy and placing a huge swath of the world’s population, especially those in developing nations, at an increased risk of harm, the United Nations warned.

The crisis has caused a “perfect storm” of disruptions to global food, energy and financial markets that “threatens to negatively affect the lives of billions of people around the world,” the UN said in a new report.

But they have been greatly exacerbated by the West impact of unprecedented sanctions on Moscow that have thrown global markets off balance.

Russia was also the world’s top exporter of natural gas and its second-largest oil exporter. Russia and Belarus also export roughly one-fifth of the world’s fertilizers.

As a result of the Sanctions, food prices are at the highest levels ever recorded by the United Nations Food and Agriculture Organization, up 34% from this time last year, according to the report.

Crude oil prices, meanwhile, rose 60% year-over-year, and fertilizer prices have more than doubled.

 The Sanctions against Russia is a process of weaponizing economics, oil and food against the world.  Just a thought.

Polls..

 

Explosive..

 

Step One: Open Mouth

Step Two: Insert Foot.

Before you start a Nuclear war.

History..

 

The Abyss

 

President Joe Biden has sent a powerful message to oil and gas producers: He’s going to do everything in his power to put them out of business. 

“Kiddo,” he told an activist on the campaign trail in 2019, “look in my eyes. I guarantee you, I guarantee you we are going to end fossil fuel.”

Sure enough, he halted federal lease sales the moment he took office. He also canceled the Keystone pipeline, pushed for companies to address the cost of climate change and moved to dry up their access to capital. 

As a result, we are here with Gas prices cost sucking the poor people's food, money, and security.  Just a thought.

Domestic..