Robert Ariail by Robert Ariail

Robert Ariail

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  1. Michael wme

    Michael wme said, 8 months ago

    This weekend, temperatures are predicted to be around 65 in much of Western Europe, so they’ll agree to ‘strictly enforce sanctions’* against Russian gas.



    *Until the next cold snap

  2. omQ Release the Desaparecidos

    omQ Release the Desaparecidos said, 8 months ago

    Only some EU countries have built up storage reserves since the last Gazprom/Russian supply threat against the Ukraine; some EU countries like Bulgaria, Slovakia, have none. At least it’s coming to the end of the cold season; but heavy industry still depends on those gas supplies.
    On the other hand, Russia needs the revenue.


    Back in the day, when sanctions were being discussed against apartheid South Africa, I recall some of the media saying that SA could blackmail the world by producing gold bottle caps, or completely with-holding all gold production and ruin the world’s economy. Nah, it couldn’t and more importantly, it wouldn’t.

  3. Harleyquinn

    Harleyquinn GoComics PRO Member said, 8 months ago

    If only someone who has Russia in their back yard had seen this coming. You know after they invaded Georgia, Obama will be such a weak President they will go into the UKrane next. And then if we had the forsight to DRILL HERE DRILL NOW, say in Alaska. Yes the drilling is up on the Private lands, if it were not so we would be paying those 5 and 6 dollar a gallon gas Obama dreams of for our own good. But despite him and not opening up Alaska and shutting down the gulf, going to South American dictators and no pipelines we have managed to pump out some. But not enough to offer to other countries in times like this. But Obama sure knows how to get out the credit card and give away a billion. Putin is seeing $$ $$.
    But hey, we all got a big laugh over Kerry and the Rocky 4 jokes, and Obama when faced with "Russia is the #1 GEOPOLITICAL threat to the world and USA interest, We Obama thought we were talking about the 80’s calling, And oh how he laughed at Mitt.

  4. pirate227

    pirate227 said, 8 months ago

    Bit of a sticky wicket, eh Guvna?

  5. omQ Release the Desaparecidos

    omQ Release the Desaparecidos said, 8 months ago

    @pirate227

    …because Putin keeps pissing on it. Ok, everyone keeps pissing on it.

  6. martens misses all her friends

    martens misses all her friends GoComics PRO Member said, 8 months ago

    Possibly just as important a factor as the gas in the EU response is the presence of Russian money in their financial centers.

  7. omQ Release the Desaparecidos

    omQ Release the Desaparecidos said, 8 months ago

    @martens misses all her friends

    Business is talking…


    ‘Why Gazprom wants no new gas war’ – Reuters


    "As bankers, traders and investors gathered at Gazprom’s London offices for its annual champagne reception, the message from the world’s most powerful gas trader was clear: the Russians don’t want another gas war with Ukraine. The company, the Moscow bourse’s biggest, lost over a tenth of its value on Monday as forces loyal to Russian President Vladimir Putin tightened their grip on Ukraine’s Crimea region, rejecting the authority of a new pro-Western government in Kiev. Gazprom, once the world’s third most valuable stock, was now worth $84 billion, five times less than during the oil boom of 2008.“


    DOUBLE-EDGED SANCTIONS


    As Kerry spoke about sanctions, investment bank UBS issued a report headlined “The price of politics”.
    It devoted large sections to the history of oil crises and sanctions, including the 1967 Arab-Israeli War and the 1973 OPEC oil embargo.
    Some doubt it will come to sanctions, conscious, perhaps, that Russia is not without defences.
    “Who do you sanction? Russian state companies? Does anyone remember they have over $200 billion worth of debt to Western banks?” one banker said.
    Almost all Western banks are lenders to Gazprom, which has debt of $36 billion, some of it secured on export revenues.
    Western energy partners are in no rush to sever ties, either.
    Despite setbacks at Sakhalin, Shell remains Gazprom’s partner in the project, calling it a very successful investment.
    BP said this week it “absolutely stands” by its Russian investments, and Exxon said it didn’t see “any new challenges out of the current situation”.

  8. mdavis4183

    mdavis4183 GoComics PRO Member said, 8 months ago

    Time for USA to export gas to the EU. Cut Russia’s throat.

  9. wbr

    wbr said, 8 months ago

    of note ArcelorMittal has built biggest steel plant in europe in russia occupied ukraine and chevron has discover giant shale oil there too

  10. Bruce4671

    Bruce4671 said, 8 months ago

    IF the world is to rise the standard of living for all citizens to the level of lower middle class in the USA (maybe even those we consider to be “poverty level”) then shouldn’t all those ways to create jobs and spread the wealth be the provenance of the territory that it is found in?

    BUT that is not the way. The powerful (rich) must exploit it all………

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