Biden Threatens Saudi Arabia With Unspecified Consequences for Slashing Oil Production

October 12, 2022

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6:27 pm

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165 comments

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Economics

YouTube Video

Here is the clip of president Biden threatening consequences.

Democrats Urge Freeze in Cooperation

The following video from yesterday shows Senators Dick Durbin of Illinois, and Bob Menendez of New Jersey urging the President to take action.

Senator Bob Menendez Comments

“The US must immediately freeze all aspects of our cooperation with Saudi Arabia, including arms sales and security cooperation beyond what is absolutely necessary to defend US interests.”

Senator Menendez is Chair of the Foreign Relations Committee.

Senator Dick Durbin Comments

“Look at what’s happened here. Russia and Saudi Arabia have decided they are going to have a joint effort to come to the rescue of Russia in the Ukraine at the expense of the United States. That is as clear a declaration by the Saudis that they are on the other side of history.”

Dick Durbin is Chair of the US Senate Judiciary Committee

CNN asked “Do you think Saudi Arabia wants Russia to win in Ukraine?”

Durbin responded, “Clearly it does. Let’s stop beating around the bush. … Saudi Arabia has decided they will ally with him [Putin]”

“Let’s be very candid about this. Putin and Saudi Arabia are against the United States. … We have reached the end of our rope. … The Saudis would rather be in league with Putin than the United States.”

CNN asked “Stop all arms sales to Saudi?”

Durbin responded “I am not going to vote for one. I do not see any reason to give them arms if they are allies of Putin. Let them rely on Russian MIGs or whatever they choose in the future.“

Key Fact of the Matter

It does not matter the administration or the political party. US presidents believe they can demand the world bow to their wishes.
No matter what party is in power, the US never sees its own huge role in the ongoing mess, no matter what the mess is.
Biden aims to kill the entire fossil fuel industry.
For political purposes only, Biden engaged in reckless drawdowns of the Strategic Petroleum Reserves then demanded the Saudis aid him in the midterm elections.

Reckless Actions

Think about points three and four. Why should Saudi Arabia help an administration hell bent on making its energy assets useless?

Biden treats the US oil industry no different. It’s all threats, demands and bullying while simultaneously threatening to put the industry out of business.

The US oil industry did not cooperate, nor did Saudi Arabia, for good reason, not because “The Saudis would rather be in league with Putin than the United States,” as Senator Durbin recklessly states.

Did the US Pick the Correct Ally?

Durbin is not totally wrong about the US-Saudi relationship. Administration hypocrites in both parties have sucked up to Saudi Arabia with questionable arms sales.

Terror is arguably the US’s number one export. What Saudi did to Yemen is sickening. And the US mostly looked the other way.

Look at US drone policy. How many new enemies do we make when the US accidentally hits the wrong target killing innocent kids?

Importantly, it was Saudi nationals, not Iranians, not Iraqis, not Afghans responsible for 911.

Did we even pick the right ally?

It’s impossible to understand what might have been, but recall that the US and UK overthrew a democratically elected government in Iran and replaced him with a US energy puppet.

I suspect, but cannot prove, the US could have cultivated a far better relationship with Iran than Saudi Arabia with far less effort.

Consequences of US Meddling

The world suffered through the consequences of George W. Bush’s unfounded and illegal war in Iraq. Isis resulted from the vacuum the US created. Europe was hit by a flood of immigrants that ultimately led to the downfall of Angela Merkel.

The world is suffering from US meddling in Ukraine in 2014. By supporting Ukraine in the UN and EU, US meddling set the stage for the war that going on now. That does not excuse Russia, but the US had a direct hand in current events.

I believe that it’s ridiculous to ascertain as Durbin did, that “The Saudis would rather be in league with Putin than the United States.“

But assume I am wrong. Why did it happen then?

The correct answer is Biden energy policy drove Saudi Arabia into the arms of Russia, a direct consequence of US energy policy under this administration.

Meanwhile, please consider An Inflationary Quagmire of US and EU Climate Change Hypocrisy

Also note see The Massive Clean Energy Boondoggle of Burning Trees as Carbon Neutral

So, yes, Mr. President, there will be consequences. But those consequences will not be one-sided. Damn the consequences, fire away.

This post originated at MishTalk.Com.

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165 Comments

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Scott Maze

3 years ago

Saudi Arabia promised they would “pump the last barrel of oil in this world.” I doubt we will the the ones buying it.

thomsoni

3 years ago

Time for the doctors to pay Sleepy Joe a visit?

General Ripper

3 years ago

I’m guessing all those countries signed up for Silk Road (Chinas Belt & Road) thinking it can’t get started soon enough. The’ve had all the fun they can stand with USA & Petro dollar.

Christoball

3 years ago

900 point swing today on the DOW. This is not an orderly market. This mornings gap closed so now we will see an orderly decline.

General Ripper

3 years ago

Reply to Christoball

Plunge protection team probably got direct orders from Biden’s sycophants!

Christoball

3 years ago

Hot CPI today; Would not be surprised to see an emergency Fed meeting before November to raise rates.

KidHorn

3 years ago

CPI came in really high. So, when will the inflation reduction act reduce inflation?

Avery

3 years ago

HOW DARE YOU!

dadbod

3 years ago

Great post Mish

nailed it!

Sunriver

3 years ago

The majority of US government politicians only know dualism. Nothing less, nothing more.

Either you are for us or you are against us. Republican good Democrat bad and vice versa. Middle ground is not acceptable. That is a sign of weakness.

In a nuclear age, how can the United States not have the maturity to understand there is a middle ground?

‘The first casualty when war comes is truth’ – U.S. Senator Hiram Johnson 1917.

The Cold War never ended. It was a 1989 illusion that was advertised as truth.

Dean_70

3 years ago

Every previous president has have their flaws but I’ve never seen such a high rate of failures then the Biden administration.

MPO45

3 years ago

Well at least Biden is working on the labor shortage issue.

https://www.dhs.gov/news/2022/10/12/dhs-supplement-h-2b-cap-nearly-65000-additional-visas-fiscal-year-2023

Dean_70

3 years ago

Reply to MPO45

This is designed to keep wages from rising any faster in the face of inflationary pressures that will drive the prices of labor higher.

They have been exporting inflation for decades by exporting jobs and having a loose boarder policy that allowed a consistent inflow. They are currently allowing the masses to cross the boarder by design to help control labor costs of what cannot be exported. The next phase is the increase in visas to combat labor costs.

This will eventually slow down wage increases and hurt the lower wage earners the most.

MarkraD

3 years ago

Reply to MPO45

Kinda funny, wanting to spend billions on a wall, when we could use a few workers here, no?

prumbly

3 years ago

Reply to MarkraD

The wall was never intended to stop immigration. It was to stop illegal immigration.

MarkraD

3 years ago

Reply to prumbly

Why are Russians so obsessed with US immigration?

prumbly

3 years ago

Reply to MarkraD

Didn’t know they were. I’ll check on RT

Zardoz

3 years ago

Reply to prumbly

And how’s that working out?

prumbly

3 years ago

Reply to Zardoz

Not too good, since Leftists stopped it getting built

hmk

3 years ago

Reply to MPO45

Basically they should allow any law abiding citizen that wants to work to come to the US . We need the tax money for sure.. It used to be that way.. Putting up a wall is still not a bad idea there needs to be a barrier to stop all the illegal trade sifting through the poorest border so putting up some type of barrier to stop at legal immigration is still a good idea. Whoever those liberals don’t see that

Ron Cataldi

3 years ago

Biden’s position is aligned with a majority of Americans, who oppose arms sales to Saudi Arabia, and are strongly opposed to Putin’s invasion of Ukraine. The Lord Haw-Haw factor at this blog is out of control.

prumbly

3 years ago

Reply to Ron Cataldi

Most Americans just want to be told by their state-controlled media who the Good Guys are and who the Bad Guys are. It’s Star Wars, with evil empires and peace-loving rebels forced to fight for Freedom.

But of course the real world is way more complex than that. The Ukraine conflict didn’t start in 2022. There’s a long history that led up to it with NATO expanding eastward right onto Russia’s doorstep, and promises being made to allow entry into NATO for Ukraine – a red line for Russia. As Tucker points out, would the US tolerate Russian military assets in Mexico? Did the US tolerate Soviet missiles going to Cuba in 1968?

Then there was the 2014 coup in Ukraine, where the CIA regime-change squad installed a pro-Western government. Then the 2015 Minsk Agreements that gave autonomy to the Dombas – which Ukraine immediately reneged on, shelling civilians in Dombas right up to the present and killing thousands. Then the 2019 ban on people in Ukraine using the Russian language in many areas of life. Most people in eastern Ukraine are Russian.

The moral of the story is, “Don’t poke the bear”. Who knew?

MarkraD

3 years ago

Reply to Ron Cataldi

You’re right, mind, some commenters are Russians. They’re working overtime to influence consensus among Americans.

The individuals are immediately obvious as you read them.

I don’t know anyone, right or left, that supports Putin’s latest excursion, even my Trump voting friends are against it.

hmk

3 years ago

Reply to MarkraD

You are a good little sheep trusting your dear leaders. Either that or a CIA troll.

MarkraD

3 years ago

Reply to hmk

Better than being a sheep trusting your Putin.

prumbly

3 years ago

Reply to MarkraD

I don’t think you quite realize how stupid you sound. The choice isn’t “either support the moronic Biden administration policies or support Putin”. People who see how crazy and counterproductive current government policy is aren’t automatically Putin supporters.

You need to evolve from playground politics. Time to become an adult!

MarkraD

3 years ago

Reply to prumbly

“People who see how crazy and counterproductive current government policy is aren’t automatically Putin supporters.”

True, but that doesn’t negate the fact that you’re Russian and here constantly badmouthing “the West”.

I’d even accuse you of being IRA, but you’re not sophisticated enough, too obvious.

Are you a new hire?… Maybe I can help with American pop culture, sentence structuring, slang…etc.

FromBrussels2

3 years ago

Reply to MarkraD

….stop it, your Zardoz, Realist features are beginning to show again !

prumbly

3 years ago

Reply to MarkraD

“that doesn’t negate the fact that you’re Russian” Ouch!

“Are you a new hire?” Kapow!

“you’re not sophisticated enough”. Got me again! Dang!

FromBrussels2

3 years ago

Reply to MarkraD

because western msm is doing one hell of a great relentless lying and brainwashing job…. LOL , I am sure 90% of Americans can not even indicate Ukraine on a blind map….the same for Irak, Afghanistan, libya , Somalia,Syria etc ….The list is mind bogglingly long, if you can be bothered to check, showing exactly what a criminal rogue nation the US actually is !

Pontius

3 years ago

Reply to MarkraD

Not about supporting Putin’s latest excursion, recognizing US role in provocation. Would anyone condemn Kennedy for taking military action in the Cuban middle crisis? But, unlike current administration, negotiations among adults resolved the situation bringing the world back from nuclear abyss. Conflicts tend to spin out of control rapidly despite best efforts of those in authority. Stop the madness and negotiate and end to the war. Security buffer zone for Russia (geography of area allowed rapid invasion of Russia by Napoleon and Hitler), withdraw from disputed area by Russia replaced by UN peacekeepers in the area, referendum for self-determination administered by UN in disputed areas with super majority required to adjust border. Yes, I am a commie puppet for supporting negotiations and peace.

MarkraD

3 years ago

Reply to Pontius

– “Not about supporting Putin’s latest excursion, recognizing US role in provocation.”

The U.S. had no role, Putin just attacked, NATO offered Ukraine aid after the fact when they asked.

– “Stop the madness and negotiate and end to the war.”

For Putin, this involves Ukraine conceding territories he just invaded, that mistake was made with Georgia, then Crimea.

Leaving no reason to not assume other bordering nations will face the same fate down the road, I think the old saying, “fool me once, you’re the fool, fool me twice and I’m the fool” is Russian in origin.

I will say, though, had Putin’s army not tortured, raped and killed civilians or targeted civilian structures, they might have gotten away with it – the video and pictures we saw aroused public outrage, in turn, political pressure.

whirlaway

3 years ago

“Don’t underestimate Joe’s ability to f*** things up.”
– Barack 0-bama.

xbizo

3 years ago

Pretty spot on, Mish. Saudi is acting in its own self-interest. They aren’t allies of the USA or China or Russia. Better for them to have Russia balancing out the geopolitical power in the middle east than having either China or the USA rush into a vacuum created by their collapse. Growing Saudi influence in the middle east depends on Russia surviving the Ukraine war, and it could splinter apart when they lose.

JRM

3 years ago

Reply to xbizo

Yep keep believing the PROPAGANDA by the West Intel Agencies inside the West MSM!!!

Russia launched counter-offensives from Kharkiv oblast to Kharkiv Oblast, yesterday taking many of the same villages that days ago Ukraine was bragging they had taken..

There are huge reserves of Russian troops building up behind these offensives, for Special Operation #2!!!

Watch Russian troops come back into Northern Ukraine along the East part of the Dnipro River from Belarus with embedded Belarus forces..

prumbly

3 years ago

Reply to JRM

Russia was ALWAYS going to win this conflict. It was just a matter of how many people would die in the process. And Western leaders must surely have known this all along. They have military advisers, don’t they? How utterly cynical those leaders are that they can keep providing support to prolong the conflict, lying to the public that Ukraine is winning, and knowing that this only leads to further death and destruction and will not affect the final outcome.

MarkraD

3 years ago

Reply to xbizo

Judging by the increased open dissension at the Kremlin along with non-stop gains in eastern Ukraine, I’d go with the “splinter” option.

prumbly

3 years ago

Reply to MarkraD

Ukraine has shot its bolt and Russian forces are already taking back the territory they recently lost. Ukraine threw everything into their big push and paid a heavy price in lives and equipment lost. Of course Western media refuses to report this, but it is very obvious to those who follow the military situation (as I do). Russian reinforcements are now arriving every day and soon there are likely to be major Russian offensives, probably after the autumn rains have ended and the ground firms up. How long Western media can keep the “Ukraine is winning” narrative spinning is an interesting question. What their new lie will be, I have no idea.

MarkraD

3 years ago

Reply to prumbly

“Ukraine has shot its bolt and Russian forces are already taking back the territory they recently lost.”

I’m wondering what your thoughts are on today’s Russian announcement of evacuations from Kherson?

prumbly

3 years ago

Reply to xbizo

“Saudi is acting in its own self-interest”

Exactly. The neocons think everyone is either with them or with Putin. Funny how so many of the commenters on Mish seem to share the same Neanderthal way of thinking.

Jmurr

3 years ago

The US looked the other way? You must be kidding me. The Yemeni genocide could not have been executed with American arms and planning. At any point during the last decade, a principled US President could have ended it but did not.

KenNJ

3 years ago

BIDEN has now succeeded in driving CHINA and Russia together. With this move BIDEN is driving Saudi Arabia and Russia together.

Both France and Germany are pissed off that BIDEN is sending Ukraine all the arms we have in storage. No european wants to support that Ukrainian mess.

If SA is smart they will arrange a 1970 type oil embargo in order to show JOE BIDEN he doesnt rule the world.

Joe needs to start negotiating with PUTIN and XI and SA or we will see WWIII in 2023.

worleyeoe

3 years ago

Reply to KenNJ

China & Russia were always going to align. FJB can’t negotiate with anyone. They’re all laughing at him. You don’t negotiate with a stooge.

Jojo

3 years ago

Reply to worleyeoe

You make the mistake of considering china and Russia as equals. They are not. In that relationship Xi is the boss and Putin is the bi*tch.

Captain Ahab

3 years ago

Reply to Jojo

I don’t see how you interpret worley’s comment in this way. He said they were ‘always going to align.’ Also, your claim concerning the relationship is about what I would expect from a clown. If you knew more Chinese history, you would realize that Biden’s smartest move would be to get Russia on side.

whirlaway

3 years ago

Reply to Captain Ahab

Woke Dumbocrats don’t know anything – other than what they are told by woke DONORcrat outlets like MSDNC, DNCNN etc.

whirlaway

3 years ago

Reply to Jojo

The demise of a unipolar world and the emergence of a multipolar world is something that Dumbocrats like you can’t comprehend. That is why you made that stupid comment.

And whatever happened to the woke Dumbocrat outrage about making sexist comments? Or is that rule applicable only to the others, and the woke Dumbocrats can say whatever they feel like? They have made blatantly homophobic comments about Trump and Putin as well. So, is it any wonder that normal people hate the woke Dumbocrats? Rhetorical question.

MarkraD

3 years ago

Reply to KenNJ

Putin and MBS were BFF’s as soon as Putin got into OPEC in 2016.

Germany has been sending Ukraine weapons, France is also onboard, stop reading RT and Zerohedge, that’s the problem.

Zardoz

3 years ago

Reply to KenNJ

Another advocate for the enemies of the USA, flapping his free speech in the breeze…

MarkraD

3 years ago

Reply to Zardoz

I think, at some point, the internet & social media is going to push a “1rst amendment for foreigners” topic to the SCOTUS.

Do foreign adversaries have first amendment rights inside America?

At the very least, should we at least be allowed to know what country a given commenter or poster is located?

hmk

3 years ago

Mish some here will now call you a Russian troll for telling the truth. Lets review what great world diplomacy Brandon has engaged in: Waging an unnecessary and preventable proxy war in Ukraine along with destroying and killing many innocent civilians and soldiers. Antagonizing and provoking the Russians as much as possible to the point I am afraid will result in a nuclear war. Antagonizing China over the eventual take over of Taiwan that has been a foregone conclusion for decades and well understood by the US. I have read that there are a fair amount of Taiwan citizens that are for unification with China. Not completely sure if thats accurate though. He has stated publicly that we will intervene militarily in the event of a Chinese invasion. Perfect. Now he is antagonizing OPEC with threats. Maybe they will do an embargo like they did in the seventies if he keeps it up. Meanwhile inflation continues and will get worse if he continues his idiotic and demented policies. Lets go Brandon. I see a Nobel peace prize in his future.

Zardoz

3 years ago

Reply to hmk

We’re the g$damn USA, and we’ll antagonize whoever we see fit.

hmk

3 years ago

Reply to Zardoz

Good one LOL. made me laugh.

RonJ

3 years ago

Biden wanted to put the oil companies out of business. Now he wants to be a carbon polluter.

Captain Ahab

3 years ago

Reply to RonJ

That’s the problem with dementia. He forgot. And to think ’80 million’ voted for him.

Webej

3 years ago

Well do I remember the ubiquitous inflamed rhetoric in the seventies during the oil crisis, when Canada was accused of being the
Arabs of the North.

Charging the same price for oil exports in the West as they themselves had to pay for imported oil in the East, a circumstance much too difficult & esoteric for Americans to possibly grasp. This went on for years, even at the highest government levels.

A psychiatrist would say it was congenital delusional narcissism.

Maximus_Minimus

3 years ago

Reply to Webej

Are you saying the neocon stranglehold is just a coincidence?

Naphtali

3 years ago

The US, long run by the military industrial complex as pointed out long ago by Dwight Eisenhower, has had a political influence maximally destructive to peace in the world. This influence, propelled by the increasingly apparent profits of militarism, will ultimately end the leadership of the US in world affairs. We shall see a growing confederation of sovereign states against the US and it’s policies. Ultimately, that confederation will be strengthened by the populace of the US itself. Free world trade, of products that are essential to peaceful existence, are the focus that will be necessary for the restoration of our high place among nations.

MarkraD

3 years ago

Reply to Naphtali

While you’re right about the US’s past MIC mistakes, you’re off your rocker if you think Putin’s winning in Ukraine, he doesn’t get to play the “I get to do it too” card, Bush was wrong, and Putin doesn’t get to repeat those wrongs just because of it.

Knowing fossil fuels are in demand decline, Putin has resorted to military desperation and internet propaganda tactics.

Both actions have proven to be a gnat at a picnic.

Mary

3 years ago

Reply to MarkraD

Quote. Knowing fossil fuels are in demand decline

Could you provide your source for this statement. There was a pandemic decline but use is quickly rebounding.

MarkraD

3 years ago

Reply to Mary

I should have specified “oil” demand. (fossil includes nat gas)

CAFE standards, nat gas and alternatives had already diminished oil demand from a high of 19 barrels/person in 1977, to 11 barrels/person by 2010, as of 2011 global sales of EV’s were around 55K to now 7 million.

In the last four years, from 2018, EV sales have exploded exponentially, in 2021, EV sales doubled from just over 3 million to near 7 million, total EV sales were at 5 million by mid-year this year, meaning by year’s end, EV’s will account for more than 10% of the auto market.

That percent is growing exponentially.

As for nat gas, I assume you already know we’re swimming in the stuff, the fact that our exports of LNG have exploded this year is a separate benefit, we’re now the number one gas exporter globally.

Take a peek at “LNG” ticker.

Mary

3 years ago

Reply to MarkraD

Deleted

Christoball

3 years ago

Reply to MarkraD

“CAFE standards, nat gas and alternatives had already diminished oil
demand from a high of 19 barrels/person in 1977, to 11 barrels/person by
2010”

Oil demand has been lessened by more efficient cars and appliances. It was small technological advances did it.

MarkraD

3 years ago

Reply to Christoball

Yes, though appliances generally run on natural gas, automotive CAFE standards are the bulk of diminished demand, until recently EV’s are chiseling at it, swapping demand from oil to electricity via gas and solar/wind.

Christoball

3 years ago

Reply to MarkraD

Natural gas is a recent contributor, but mostly displacing coal. Even before the miracle of natural gas, refrigerators got twice as efficient in the time period discussed. Automotive utilization of long established technological advancements gave us the decrease in oil consumption per person.

MarkraD

3 years ago

Reply to Christoball

I think you’re misunderstanding –

“Automotive utilization of long established technological advancements gave us the decrease in oil consumption per person.”

This is CAFE standards.

prumbly

3 years ago

Reply to MarkraD

Putin IS winning the military war in Ukraine. Up to now the Russian operation has been highly restrained, with only about 70-80,000 troops in Ukraine (against several hundred thousand Ukrainians). Now the Russians appear to have taken the gloves off, with massive attacks on Ukrainian civilian infrastructure and another 350,000 troops on their way. This can only go one way, no matter how the western media tries to spin it.

MarkraD

3 years ago

Reply to prumbly

“Putin IS winning the military war in Ukraine.” “…no matter how the western media tries to spin it.”

Like I said above, too obvious.

You’re as “American” as I’m a time traveler.

We don’t refer to ourselves as “the west”, moron.

prumbly

3 years ago

Reply to MarkraD

“You’re as “American” as I’m a time traveler”

Say hello to Leonardo Da Vinci for me, next time you bump into him on your travels.

Saying “the West” is just so much more concise than saying “the US plus a motley assortment of mainly European client states”

Captain Ahab

3 years ago

Reply to Naphtali

While the US has made mistakes, I have no hesitation in saying the world is far better off not being under the leadership of Hitler, Stalin, Mao… In the modern era, Biden is clearly the village idiot, but who would you choose to lead the world? Trudeau? Macron? Putin? Xi? The EU? Merkel?

MarkraD

3 years ago

Reply to Captain Ahab

Honestly, I’m pleasantly surprised with Bidens policy in Ukraine, Putin’s “we have nukes” saber rattling didn’t phase him.

That said, yeah, Biden’s not the most charismatic.

Captain Ahab

3 years ago

Reply to MarkraD

The ‘best’ leadership is by example. Biden’s policy in Ukraine horrifies me. It is short-sighted and dogmatic, with limited consideration of consequences. We will be lucky if there is not nuclear war as a direct result.

Here’s an idea; do what is NOT expected by the other side, and in a positive way such that the outcome you want is still achieved. That takes brains, something not evident in the Biden administration.

MarkraD

3 years ago

Reply to Captain Ahab

Meanwhile, Trumps love, Kimmy and “Jina”‘s Xi observe how we handle Putin’s “I’m gonna nuke ya” rants to get away with war crimes.

“Here’s an idea; do what is NOT expected by the other side…”

Putin originally estimated it would take as little as three days to overtake Kyiv, he assumed we’d sit by and let it happen, so, you’re right on, we weren’t expected to intervene.

We were caught in a similar geopolitical quagmire back in the late 30’s, maybe Roosevelt should have kept our nose out, dunno.

worleyeoe

3 years ago

Reply to MarkraD

Putin would not have gone into Ukraine had Trump been president. First & foremost, he would have committed the necessary resources early on had Putin started to amass forces. Again, not a Trump fanboy but he was respected. FJB is worse than a child at what he’s doing.

Captain Ahab

3 years ago

Reply to MarkraD

Biden’s course of action was entirely predictable, and stems from the people around him–ie. Obama returnees. The groundwork was done in 2014 for future conflict. Is breaching a prior agreement and preserving corrupt Ukraine worth nuclear war?

worleyeoe

3 years ago

Reply to MarkraD

Biden has spent or promised $80B to Ukraine which is an egregiously outrageous amount of money. You shouldn’t be pleasantly surprised by anything FJB has done since cheating his way into office.

MarkraD

3 years ago

Reply to worleyeoe

What kind of money do you suppose it would cost us if Putin gains more leverage over oil and grains via eastern Ukraine?

Remember 2020’s oil crash when Putin flooded the market to bankrupt US oil producers?

Putin’s intentions for the “West” have been made abundantly clear, especially by Putin’s own rants in recent months.

Jmurr

3 years ago

Reply to MarkraD

That is because he is a belligerent idiot.

hmk

3 years ago

Reply to Captain Ahab

Rand Paul

worleyeoe

3 years ago

Reply to hmk

Not a bad choice.

Captain Ahab

3 years ago

Reply to hmk

He would be my choice too, but lacks appeal to low IQ voters. Also, does he have the ability to flush the crap from DC?

hmk

3 years ago

Reply to Captain Ahab

One of the things Trump put on his to do list was to have a constitutional amendment for term limits. Like I said in a post here they should be allowed only one longer term and elinimate all campaign donations and have the government fund all candidates campaigns. That would get the toilet flushing. Next in line is to flush the corrupt judicial system down the toilet with them.

worleyeoe

3 years ago

Reply to Captain Ahab

While I’m no Trump fanboy, he did a pretty good job on the world stage. Give her a couple of years, and I’ll certainly support Meloni as the chief anti Putin / Xi strategist.

In addition, key states altering their elections procedures outside of the legal / legislative process & $400M in Zuck bucks opened the door to all sorts of potentially illegal activities that turned 2020 & all future national elections into quagmires. And so no we’re stuck with the village idiot, at least until he’s impeached.

MarkraD

3 years ago

Reply to worleyeoe

Aside a romantic date with Kimmy, doing Putin some favors and starting a trade war with “Jina”, what other great things did he do in the global arena?

Captain Ahab

3 years ago

Reply to worleyeoe

In a conflict against Russia and China, the US will likely NOT win. Assuming nukes are not used, the war will be fought entirely in Europe/Asia. Europe, having been in the center of two wars, might not support the US in that conflict. Distance from the US (eg air support of convoys, plane transportation, etc) and the contiguous land mass gives the advantage to Russia and China. Also, productive capacity for a prolonged war becomes a problem in the USA, with so much manufactured overseas.

My point being that the US needs to align with Russia to prevent conflict.

MarkraD

3 years ago

Reply to Captain Ahab

China has more than us to lose economically, Russia’s military capability was just revealed and it’s shockingly inadequate, also, their military is badly depleted in the aftermath of Ukraine, not to mention 200K civilians escaping conscription to Kazakhstan alone.

Ukraine picked off 44 Russian generals with satellite technology, they were oblivious.

China has tech, yes, but I suspect their military/troops would be equivalent to Xerxes forces in Thermopylae, sheer numbers without strategy or experience.

Also, we wouldn’t be on their turf, assuming you’re referring to an escalation in Ukraine.

China has also expressed concerns with Putin’s excesses in Ukraine, they wouldn’t get involved.

Zardoz

3 years ago

Reply to Captain Ahab

Dewayne Herbert Alonzo Mountain Dew Camacho is the man for these times.

prumbly

3 years ago

Reply to Captain Ahab

I didn’t know we’re supposed to have one leader leading the world

Captain Ahab

3 years ago

President Cluster Fudge is likely considering sanctions on Saudi Arabia, in particular export quotas and price limits on oil, plus freezing/taking Saudi accounts in the US.

Zardoz

3 years ago

Reply to Captain Ahab

If the payola stops flowing, it’s only a matter of time before it gets all Game of Thronsey over there. More reasonable royals will ascend, with more reasonable prices.

Mary

3 years ago

So now the Saudis can spend their defense budget with the BRICs. Who taught Biden economics?

Captain Ahab

3 years ago

Reply to Mary

Who taught Biden economics?

That would be the two smartest people the world has ever known: Obama and Hunter

MarkraD

3 years ago

Reply to Mary

Using that logic, we’re passing up huge opportunities with North Korea.

Maximus_Minimus

3 years ago

The temper tantrums of the uni-party proves once again that the pivot away from the empire is the right way to go.

Oh, the irony.

Saudi Arabia and Co. was always offered only the export (crippled) version of US weapons. They were big buyers for what has been a protection scheme, sort of like paying Don Corleone. The uni-party is delusional about who is actually the beneficiary.

Bam_Man

3 years ago

I sense another “Color Revolution” coming up.

prumbly

3 years ago

Reply to Bam_Man

Where? Saudi Arabia or the US?

shamrock

3 years ago

I have a hard time seeing the difference between Saudi Arabia and Iran, why is one an ally and the other an enemy?

FromBrussels2

3 years ago

…. Blatantly STEALING 105 bln worth of oil in Syria in recent years is merely a drop in the ocean of course …Maybe the US should invade SA too? After all the US is a exceptional nation, a fantasy democracy getting away with global lawlesssness…. for the time being anyway, thanks to a guy in Moscow, who is straightforward , utterly smart and extremely rational , human qualities obviously in danger of extinction these days….

Doug78

3 years ago

Reply to FromBrussels2

“a guy in Moscow, who is straight forward, utterly smart and extremely rational”.

Putin is straight from what I heard but he could be in the closet. All the rest is utter bull.

FromBrussels2

3 years ago

Reply to Doug78

….of course nothing compares to the senile deep state puppet you got for a worthless leader , that s obvious

Captain Ahab

3 years ago

Reply to FromBrussels2

A bit over the top, IMHO; however, it is painfully obvious that the ‘deep state’, and its agenda, needs reigning in.

We could learn from pre-modern-era China. Governments officials were usually eunuchs, considered less likely to usurp power. With democraps occupying most high government positions in the US, this should be a key part of the Republican platform.

Doug78

3 years ago

Reply to Captain Ahab

Pre-modern China has many lessons on not what to do. They rejected every opportunity while the Europeans seized on them.

MarkraD

3 years ago

Reply to Captain Ahab

I’m completely certain “the ‘deep state’, and its agenda” is a term introduced by Russian intelligence on social media to strategically invoke American’s distrust in our own government.

I didn’t take the bait, and no, I don’t just trust my government, I distrust a foreign adversary.

Captain Ahab

3 years ago

Reply to MarkraD

Look closely at Biden’s appointments and the bias in decisions and actions–the state within the state. That is the ‘deep state.’ The concept is not new. The ancient Greeks had a term for it. In Latin, it was ‘imperium in imperio’.

It does not require a conspiracy theory, or Russian Intelligence. Deeply embedded public servants who care not for the will of the people, but their own agenda. A great example was Trump’s impeachment farce–government employees actively worked against the president even though the Biden laptop is prima facie evidence that Trump’s fears were well founded.

We have reached the point where ‘evil Russia’ propaganda dominates the mass media, thee sole reason being to coverup its prevalence.

MarkraD

3 years ago

Reply to Captain Ahab

“It does not require a conspiracy theory, or Russian Intelligence.”

No, it doesn’t, but it bears mention that Russia is actively working social forums and using this term specifically to divide Americans, especially on the Ukraine issue right now.

I have always had concerns over the MIC, money in politics, corporate control over rule of law, Citizens United, etc, etc, but of late I’m EXTREMELY mindful that doesn’t become a tool for anyone to sway me into hateful divisiveness with my kindred Americans.

Zardoz

3 years ago

Reply to MarkraD

It’s a term edgy morons use to signal that they have secret knowledge.

KidHorn

3 years ago

Anyone who disagrees with democrats is an ally of Putin.

hmk

3 years ago

Reply to KidHorn

Not quite true a lot of neocon republicans will make the same accusations.

MarkraD

3 years ago

Reply to KidHorn

A sad realty resulting from Putin’s IRA aligning more with Republicans.

The intent is to divide us, I’ve been mindful to not associate Republican talking points as “pro-Russian”.

whirlaway

3 years ago

Reply to KidHorn

It goes even beyond that. Anybody who does not want the world to end in a nuclear holocaust is a Putin puppet.

The woke Dumbocrats are basically suicide bombers. They don’t give a damn what happens to themselves or to the people around them. All they are thinking about is how to take down Putin and Trump.

MarkraD

3 years ago

Reply to whirlaway

“It goes even beyond that. Anybody who does not want the world to end in a nuclear holocaust is a Putin puppet.”

Right, it’s not like any nut-job with nukes would then see The U.S. and NATO just fold whenever a despot threatens “nukes!!”

“The woke Dumbocrats are basically suicide bombers. They don’t give a damn what happens to themselves or to the people around them. All they are thinking about is how to take down Putin and Trump.”

I’m curious, what country are you from?

Doug78

3 years ago

Let’s see. The US is now energy independent. Europe is now going all-out to be energy independent as well. Normally if your two largest clients don’t need you anymore you should be worried but Mohammed bin Salman probably feels he and the Arab world are on a roll because their demographics are very positive and demography does count but only if you can feed them all. He also expects China to step in to protect SA if the US is no longer interested and that assumption might be erroneous. Biden says there will be consequences and there will be it won’t be he who will determine what they will be and when they will be. My guess is that OPEC days are numbered.

MarkraD

3 years ago

Reply to Doug78

No need to guess.

Tesla/Musk changed everything, there’s good reason so many blogs tried talking TSLA stock down over the years, and no coincidence those blogs are pro-Russian.

Captain Ahab

3 years ago

Reply to MarkraD

Delusional. TSLA was vastly overpriced, and still is. Rather like Bitcoin with fanboys..

MarkraD

3 years ago

Reply to Captain Ahab

“Delusional. TSLA was vastly overpriced, and still is. Rather like Bitcoin with fanboys..”

Back in 2009, a good friend, fellow trader/investor, said the same of AMZN based on it’s P/E, he just didn’t see what the buzz was all about… the silly notion that people would shop online, what idiots!

Business Man

3 years ago

Reply to MarkraD

TSLA is not overpriced due to their business model (like people doubting Amazon’s business model), but rather that they have an enormous amounts of headwinds coming their way in the form of the existing automakers starting to bring better products online. If you objectively compare valuations and simple production numbers, there is an enormous premium on Tesla versus, say Volkswagen, which makes more cars and has better cars. Simply, the automakers have almost caught up, and there are a lot of them.

I admire Elon Musk, and I admire Tesla. But they will have to spend incredible amounts on R&D and pivot quite quickly in order to escape the commoditization of electric cars. Given that we are running face first into a recessionary brick wall, Tesla has some tough days ahead. That valuation is greatly at risk.

Although, this humanoid robot thing is interesting…

MarkraD

3 years ago

Reply to Business Man

Excellent points, though I don’t think R&D is their spending priority – but manufacturing, the competition in EV’s is picking up with traditional auto-makers as well as startups, TSLA has to ramp up production fast, before they lose too much share of the EV market.

FromBrussels2

3 years ago

Reply to Doug78

‘ Europe is now going all-out to be energy independent as well’ ? ! How and when and last but not least, at what price ? I am a atheist , yet I am praying these days for a exceptionally cold winter so that the clueless EU circus realises how energy independent it is, it might even stop US’ war against Russia …

Doug78

3 years ago

Reply to FromBrussels2

You must be praying for miracles now that the Russian army is being defeated with no means to turn it around. Europe will never buy Russian energy ever again. Originally everyone thought that Russia had some performing sectors and institutions but now we all see that Russia is a Potemkin village from top to bottom.

MarkraD

3 years ago

Reply to Doug78

Putin’s mistake was vesting the Russian economy too heavily in fossil fuels right at a time the world is getting out.

While he was short-sighted there, his military prowess has proven even more short-sighted.

This ends badly for Putin, and most likely his defeat comes from inside, not the west.

Even MBS is investing in fossil fuel alternatives, currently building a solar mega-city is SA, his answer to Dubai.

Doug78

3 years ago

Reply to MarkraD

No one told Putin of the “Dutch Disease”.

MarkraD

3 years ago

Reply to Doug78

Seriously, I think he’s senile, stuck in the 70’s.

FromBrussels2

3 years ago

Reply to Doug78

….wouldn t bet my biased butt on Russia’s defeat yet if I were you, with hindsight we also know we should never say never, that s why the EU , Germany in particular was quite upset with US inspired/ committed sabotage of the NS pipelines ….and, Russia is a self sufficient, debt free nation, lacking NOTHING at all from top to bottom …..

Doug78

3 years ago

Reply to FromBrussels2

If Russia lacks nothing then why did it invade its neighbor Ukraine?

FromBrussels2

3 years ago

Reply to Doug78

Why did NATO/US carpet bomb Belgrade ?

Doug78

3 years ago

Reply to FromBrussels2

Because the Serbs were practicing genocide and we wanted to stop it.

FromBrussels2

3 years ago

Reply to Doug78

….and the Kiev regime has been practicing genocide on Ukraine’s russian speaking population ….What s the difference ?

Doug78

3 years ago

Reply to FromBrussels2

No one believes that because there is no evidence.

FromBrussels2

3 years ago

Reply to Doug78

How convenient ….ain t it , brainwashed fanatic yank , we got an old saying in flemish : Wat baten kaars en bril als den uil niet zienen wil….

Doug78

3 years ago

Reply to FromBrussels2

Brainwashed like in “Putin plays 4-D Chess” and “the Russian army is invincible”. I didn’t fall for that bull but boy did you. I suppose “losing to Ukraine” is part of Putin’s plan too.

Captain Ahab

3 years ago

Reply to Doug78

Less media bias might be helpful.

Frankly, I would rather be dealing with Russia with all of its warts and political baggage than a country of religious zealots, which at the heart, despises everything the US stands for.

Doug78

3 years ago

Reply to Captain Ahab

Where do you live? I ask because proximity to war often determines your level of anxiety of being invaded.

Jojo

3 years ago

Reply to Doug78

I think he said prior somewhere that he was going to be anchoring off of Hawaii.

MarkraD

3 years ago

Reply to FromBrussels2

U.S. LNG imports to the E.U. are off the charts this year, up near 500% – making the U.S. the largest exporter of LNG in the world, and we coincidentally have 4 new plants under construction.

The situation in the E.U. is rough, but not as dire as Russians like yourself want to think, and, this is likely to be permanent changes for global gas supply. a boom for the U.S.

randocalrissian

3 years ago

kapow – headshot – right here.

“I suspect, but cannot prove, the US could have cultivated a far better relationship with Iran than Saudi Arabia with far less effort.”

I bet most of the people reading your post can easily think of one or more ways we could have accomplished this… how about a classic government overthrow, you think the people would have supported that with a revolution, wink wink nudge nudge. A page from the US classic playbook.

MarkraD

3 years ago

Reply to randocalrissian

It also seems likely Putin would have good reason to sway consensus on U.S. striking a deal with Iran, I wonder what incentivized Trump to kill that one….?

TexasTim65

3 years ago

What’s really funny is that the US only imports 500K barrels a day from Saudi Arabia. A drop in the bucket of what’s used (20 million) and I suspect US oil producers could easily ramp up shale to make up for that if need be.

Instead what Biden is attempting to do is help every other country besides the US by fixing the price and amount of oil available. Once again the US is meddling in the affairs of everyone else.

Jojo

3 years ago

Reply to TexasTim65

Somebody has to be king of the hill.

MarkraD

3 years ago

Reply to TexasTim65

We actually import most of our oil from Canada, who’s non-OPEC, the problem is total supply, while OPEC only accounts for 30% of global oil, they easily control price via supply manipulation.

FirstBlood

3 years ago

“Nobody fucks w a Biden”… THE WHOLE WORLD IS PROVING THIS TO BE ANOTHER BIDEN FALSE NARRATIVE.. only now we all get to pay for it. What a joke LMAOF

Jojo

3 years ago

Reply to FirstBlood

How did you manage to get that word past the censor?

ajc1970

3 years ago

Questioning how well he’s thought through his Presidency

https://twitter.com/Kevinliptakcnn/status/1068526102979653632?s=20&t=aecLFzxAe6bB04ktXwMOgw

MarkraD

3 years ago

Reply to ajc1970

I distinctly remember that, found myself wondering if the humorous dialogue involved having a US president in his pocket.

ajc1970

3 years ago

Reply to MarkraD

That moment struck me as a planned statement meant to poke fun at our “values.” A reminder from them to us that whenever we’re up against them as adversaries, our rules are of no interest to them and we’ll be fighting under their ruleset. It was a veiled threat.

As far as your partisan Putin-owns-Trump spew… meh, I’m not a Trump fan and there are so many legit bad things to say about him, but the Dem Party’s ability to conjure up Putin motives for everything Trump did is laughable.

MarkraD

3 years ago

Reply to ajc1970

The same applies to Tulsi Gabbard’s odd pro-Russian stance on Ukraine, and her biggest donor having ties to Putin, nothing partisan in observing any politician doing elicit bidding in exchange for money.

Our “money is free speech” system opened the door wide for foreign adversarial political interference, SuperPAC’s have far too much leniency in disclosing their funders, they’re not required to disclose their funding sources.

You have no way of knowing if you’re voting for someone on Chinese communist payroll, or Putin’s now, heck, maybe even North Korea’s getting in the game, who knows?

FromBrussels2

3 years ago

Reply to MarkraD

sure Zardoz….bought some oil today Papadave ?

hmk

3 years ago

Reply to MarkraD

This is why we will continue to circle the drain. We have the best government money can buy. There needs to be a law or constitutional amendment that socializes the elections process. All candidate campaigns are financed by the govt with a small fixed amount. No donations whatsoever are allowed. Also limit those parasites to one longer term. I think this would limit big money influence and the evil morons in Washington will legislate on what is best for the US and not what will keep them on the gravy train.

MarkraD

3 years ago

Reply to hmk

I agree with this, money is NOT free speech, it’s bribery.

With SuperPAC’s not being required to disclose their donors, we have no clue who we’re really voting for, nor what country they represent.

Captain Ahab

3 years ago

Reply to MarkraD

I am humbled. Clearly, Hunter Biden’s laptop is a dream. In fact, it is incontrovertible PROOF of a president on the take, and selling out the US…. btw, that would make Biden a traitor.

MarkraD

3 years ago

Reply to Captain Ahab

Not sure how you got to Hunter’s laptop from this discussion, but as Carrey once said, “Alrighty then”.

Jojo

3 years ago

Reply to MarkraD

Some people have a single focus mind. But OK, through Hunter in jail. He sounds like he deserves it anyway.

Would that make Ahab happy? Doubtful. He would find another Dem side something to whine about. And Joe would just pardon Hunter anyway.

hmk

3 years ago

Reply to Captain Ahab

I think in reference to my post above is that what the Biden’s did probably was technicallly legal. Even if its illegal they won’t be charged by our justice department. Thats sums up the whole problem Not a bad invesstment from the Ukrainains point of view. Briibe a sitting vice president (“legally”) with millions and get billions in return.

Rbm

3 years ago

Dont like saudis having you by the short and curlies. Change the law back to not allowing any energy exports and push for green energy.

Other than that. Seems were no better than germany.

MarkraD

3 years ago

Reply to Rbm

But a bird died flying into a wind turbine, and…they make noise.

Rbm

3 years ago

Reply to MarkraD

I like renewables. Guess as technology gets better and such maybe it will be a plus for the environment.

But currently i look at it as another domestic energy source.

MarkraD

3 years ago

Reply to Rbm

Skipping past climate change, I just like cheaper energy bills and not wondering how much of my money goes to third world despots or terrorist groups.

MarkraD

3 years ago

Bush/Cheney’s Iraq invasion had warnings, that it was going to come back to bite us when other countries used that as rationale to do the same, sure enough Putin’s used it. Professional Russian trolls are throwing it in our faces all over the internet.

“Terror is arguably the US’s number one export. What Saudi did to Yemen is sickening. And the US mostly looked the other way.”

Akin to Eisenhauer’s MIC, defense contractors fund U.S. campaigns, I cannot express enough how psychotic it is to hear a SCOTUS judge say “money is free speech”, no, it’s bribery.

It might be true that Biden’s energy policy pushed MBS to Putin, but the switch to alternatives is inevitable, EV’s are well proven now, we’re far better off deriving power from our own nat gas, solar or wind for EV’s and electric power.

My whole life I’ve hated that feeling at the pump, wondering what % of the money I just paid is funneled to terrorists, MBS’s actions with Khashoggi made it that much clearer.

Regardless of climate change, OPEC price control over us, or terrorism, I can’t see any reason to continue the status quo, and yes, it comes with growing pains.

DryDockLadyBird

3 years ago

Maybe the Saudi’s don’t like doing business with an illegitimate president? Just saying…

MarkraD

3 years ago

Reply to DryDockLadyBird

Reasonable point, a monarch won’t deem a democracy legitimate.

FromBrussels2

3 years ago

Reply to MarkraD

…a fantasy democracy , you ll mean ….with rigged elections

MarkraD

3 years ago

Reply to FromBrussels2

I wasn’t talking about Russia there, pay attention

Jojo

3 years ago

Reply to DryDockLadyBird

You’re saying that MBS has scruples? Seriously?

I say we cancel their fighter jet maintenance and parts agreement. Let them turn to Russia. Oh wait, Russia doesn’t have any parts and won’t for the decades going forward. Guess that just leaves China. Chinese are trustworthy partners! [roflol]

MarkraD

3 years ago

Reply to Jojo

Let’s not discount how they cleaned up after themselves at the Istanbul consulate, the scene was spotless, they even took the trash bags with them.

whirlaway

3 years ago

Reply to Jojo

LOL. That is how Russia has been “running out of missiles” for months and months and months. And having run out of all their missiles, they used magic to launch a barrage on Ukraine this week!

Russia running short on guided missiles, firing indiscriminately – Ukraine – Jerusalem Post – March 17, 2022
Russia Running Out of Precision Munitions in Ukraine War Pentagon Official – US News – Mar 24, 2022
Russia running short of precision missiles, say western officials – Financial Times – Apr 29, 2022
SCORCHED EARTH Now humiliated Putin is running out of MISSILES in desperate bid to defeat Ukraine, UK armed forces chief tells TalkTV – Sun – May 5, 2022
Putin ‘running out of missiles’ amid claims quarter of Russian Army now lost – City A.M. – May 6, 2022
Is Russia running out of missiles? US, Russia send mixed messages – Jerusalem Post – May 16, 2022
Has Russia Run Out of Precision-Guided Missiles? – SOFREP – May 23, 2022
Russia ‘running out’ of precision weapons – UK Defense Journal – Jun 11, 2022
Russia fires five-and-a-half ton Cold War-era missiles designed to destroy aircraft carriers at Ukrainian forces in the Donbas after running out of precision rockets, MoD says – Daily Mail – Jun 12, 2022
Vladimir Putin running short of missiles as Russian forces turn to old weaponry stock – Mirror – Jul 8, 2022
Putin left scratching head as Russia RUNS OUT of missiles to make ground attacks – Express – Jul 23, 2022
Will Russia Run Out of Precision-Guided Munitions? – National Interest – Aug 11, 2022
Russia Has Run Out of Long-Range Missiles to Terrorize Ukraine – !945 – Aug 20, 2022
No more than 45% missiles that Russia had before the war remain Chief Directorate of Intelligence – Ukrainska Pravda – Aug 27, 2022
Russia ‘running out of Iskander and Kalibr missiles’ – The New Voice of Ukraine / Yahoo – Aug 27, 2022
Ukraine Situation Report: Kyiv Claims Russia Is Running Low On Missiles – The Drive – Aug 27, 2022
Russian Federation will run out of shells, artillery and armoured vehicles by year end – Ukrainska Pravda – Aug 31, 2022
Russia Might Run Out of Weapons, Ammunition By End of Year: Report – Newsweek – Aug 31, 2022
Russia Is Running Out of Missiles. That’s Bad News for Ukraine – Defense Post – Sep 1, 2022
Alexander Kovalenko: when Russia will critically run out of missiles – Odessa Journal – Sep 2, 2022
Russia Resorting to Out of Date Missiles as Weapon Stocks Run Low: Ukraine – Newsweek – Sep 4, 2022
Ukraine believes Russia has less than 50 hypersonic missiles left because it can’t get the chips needed to make more: report – Business Insider – Sep 6, 2022
Out Of Missiles! Russia Is Left With ‘Limited Stock’ Of Hypersonic Weapons Due To Microchip Shortage – Ukraine – Eurasian Times – Sep 7, 2022

MarkraD

3 years ago

Reply to whirlaway

This week’s missile barrage cost Russia $400 million, more than half were shot down and it killed 18 non-combatant civilians.

In terms of ROI, even if Putin’s not running out of missiles, a ratio of 7 missiles/$3mil per missile per kill, that’s gonna take a lot of missiles at a cost of $20 mil per randomly killed civilian, especially where they can’t seem to hit military targets.

Biden Threatens Saudi Arabia With Unspecified Consequences for Slashing Oil Production

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