Hungary Thwarts the EU’s Sanction Proposal to Ban Russian Oil Imports
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36 comments on Hungary Thwarts the EU’s Sanction Proposal to Ban Russian Oil Imports
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36 Comments
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1 year ago
More like the nannycrats are nuts for thinking Hungary will willingly sacrifice themselves and they have no problems with that to get what they want. Idiots.
1 year ago
One wonders why Germany, the axis of the EU, needs little Hungary to save the day. It seems that Germany decided to succumb to U.S. mastery the moment Frau Merkel left office. Nordstream 2 was all done while she was in power. The absolute first second she was out and the traffic light coalition put Scholz in, that was it. Nordstream 2 was dead. Biden said in a press conference with Scholz that he would stop Nordstream 2. At the time, it appeared like news to Scholz, who was standing nearby. However, it might have been shock at Biden’s indiscretion rather than the blockage of the completed pipeline. EVERYTHING that’s happened in Ukraine since ties directly to the end of Nordstream 2. And so Germany is tied directly to all decisions made since then.
1 year ago
I think everything happening in Europe has to do with the US desperately trying to keep Russia and Germany apart. Because if Germany and Russia ever ally, which I believe is inevitable, the US will lose any grasp in the old world. Except for maybe the UK. Germany owns mainland Europe. So whatever they do, everyone will follow.
I remember the press conference where Biden said he would stop NS2. With or without German permission. Scholz looked like he had been punched in the gut. How humiliating it must have been. Doubt he’ll ever forget that.
1 year ago
“I think everything happening in Europe has to do with the US desperately trying to keep Russia and Germany apart. Because if Germany and Russia ever ally, which I believe is inevitable, the US will lose any grasp in the old world.”
Agreed. The decision for Europe is to buy Russian gas and prosper or become an economic deadzone reliant on the US.
This post from Michael Hudson supports that theory. Again Im sanctioned from links. Google the following:
The Dollar Devours the Euro | Michael Hudson (michael-hudson.com)
“It is now clear that today’s escalation of the New Cold War was planned over a year ago. America’s plan to block Nord Stream 2 was really part of its strategy to block Western Europe (“NATO”) from seeking prosperity by mutual trade and investment with China and Russia.”
1 year ago
“Finally, I am quite certain that Germany does not really want to block Russian oil.”
Bingo!
Germany is probably very happy that Hungary does its bidding to keep oil and gas flowing.
What comes to EU and the veto rights, France and Germany are doing their best to get rid of the voting rights of the smaller member countries.
I am from Finland and joining NATO before the Russian “special operation” and attack against Ukraine was out of the question in the minds of most Finns. We wanted to remain neutral but Putin’s actions changed the political reality. It is also laughable to claim that Finland and Sweden joining NATO would lead to WW3. Just look at the Baltic states that joined NATO immediately after the Soviet Union collapsed 1991. Nobody – even Russia – is threatening them or claiming that their membership is a reason for Russian aggression. I believe they had enough of being bullied by Russians during the Soviet times.
1 year ago
it seems to me the only purpose of joining NATO is to anger Russia. It doesn’t serve any other purpose. And if Russia was no longer a threat, there would be no need for NATO. So, it’s in NATOs best interest to continually anger Russia.
1 year ago
And I thought NATO’s purpose was to prevent Cuba from invading Bermuda.
1 year ago
Membership enables Finland to make special financial demands on the EU and NATO.
It’s only reasonable, they’re right on the border with very dangerous Russia.
1 year ago
What precisely does Russian interference in Ukraine have to do with Finland or Sweden? That is the first question. The second question is, what does Finland and Sweden have to do with military interventions in the middle east and north Africa? Because that’s what NATO has been doing in the last 20 years: exerting military force in places VERY FAR from the North Atlantic.
1 year ago
Europe will need to find ways to live without Russian oil because Russian oil will become far less reliable.
Russia’s ability to continue to produce oil and gas is going to decline over time. Now that foreign firms have withdrawn their experts and highly skilled workers, Russia is left without the people needed to maintain production. Sanctions on parts and equipment will slowly erode production as well. There is a significant amount of replacement parts and equipment regularly needed in maintaining existing production. Half of this equipment is already produced in Russia, but the other half needs to be imported, and that has now stopped. It is like a car maker. They make half of the parts in-house for each car, but import the other half. That’s a big problem.
And once wells and fields get shut in (an expensive operation) many of them cannot economically be brought back online.
1 year ago
“This is how we will be remembered: either the Union who managed to…send a very clear message to Russia”
And that very clear message is, “We’re as dumb as rocks”.
I think Putin already knows.
1 year ago
Hungary wants oil-storage facilities & new pipelines in exchange for allowing this to go ahead. It boils down to a transaction: the EU gives Hungary energy infrastructure, Hungary removes its veto. It’s a decent plan, given that there’s every reason to think that the Russian oil ban can be removed or renegotiated, while it’s very difficult to remove energy infrastructure once it’s set up.
1 year ago
Good thing one NATO country can thwart Sweden and Finland’s inclusion into NATO. I expect France among others to say no way to WWIII.
1 year ago
One has to wonder whether WW3 is simply inevitable. When economic times are bad, there is a lot of unrest. Sri Lanka is a current example.
War is a way of focusing the anger of the public away from their government, toward a claimed external threat.
1 year ago
War is legalized murder to take someone else’s stuff. Russia, Canada, and the US are 3 countries that I can think of that are resource abundant and have the capability to be self sufficient without taking someone else’s stuff.
1 year ago
US oil production is at a peak and will decline substantially in the coming years. US natural gas also near a peak and yet supposedly more of that will be going to Europe.
1 year ago
Wells that have been declared “DRY” when checked years later found to have oil in them again..
Oil doesn’t come from decaying “DINO’s”!!!
1 year ago
Yes, fossil fuels is marketing strategy
1 year ago
It doesn’t *only* come from that but a large part does.
Just because wells have oil in them in the future doesn’t mean new oil was made. Oil that was previously there could also be seeping back into the vacated space. That’s the whole premise behind fracking.
1 year ago
USA only thinks it is self-sufficient. The reason is a profligate lifestyle, and absolute disdain for future planning. The only plan is for the imperial military to get what it wants, but that doesn’t solve the problem with water scarcity.
Canada is very much the same in terms of lifestyle, but pretends to be peaceful – until now.
1 year ago
There is also a funny thing, in NATO. One of its members, Turkey, occupies one third of the territory of another member, Cyprus. And NATO and UE, so hysterical about the invasion of Ukraine by Russia, have nothing to say about the invasion of Cyprus by Turkey (since 1974…).
1 year ago
Also not widely known, the borderland between Turkey, Greece, and Bulgaria is very tense. Fences and barbed wire are not recent there, and not only to stop migrants.
IMHO, Greece and Bulgaria is in NATO to a great degree because of Turkey.
Turkey was roped into NATO when it was a poor, developing country, and now it has independent designs.
But then again, this is not the first time Europe has cut her nose to spite her face. In the Crimean war Britain, France and other European countries allied with Muslim Turkey against Russia.
Intelligent life is rare indeed.
1 year ago
Turkey has voiced their concerns about allowing more NATO member states!!!
1 year ago
Slightly off topic and disturbing, Schiller Institute interview with US senator (and Vietnam vet):
link to schillerinstitute.com
1 year ago
Interesting discussion from this interview.
Can we expect more splintering in Europe. Europe in its current path will be an economic deadzone dependent upon the US.
Europe for my two cents that is an accurate description of where Europe is heading unless there is a change and realizing that getting its energy from Russia is in its own best interest. And again Ive been sanctioned for whatever reason for links. Google the following if interested.
Economist Michael Hudson on decline of dollar, sanctions war, imperialism, financial parasitism – YouTube
1 year ago
Not sure if this is an apples to apples comparison, but I’m a fan of gridlock when it comes to US politics. I usually prefer the president and congress to be from opposing parties. I think it keeps everyone honest (or more honest).
As for one country being able to block changes in the EU, why not? Why should any country give up their autonomy? Every country should protect their best interests.
1 year ago
“I think it keeps everyone honest (or more honest).”
While that would be far-fetched at least both cannot do all they want. Biden, Warren, AOC et.al – we would be talking quadrillion.
1 year ago
Their demands aren’t unreasonable. They’re just looking to hold things together without russian oil, and I bet what they want is cheaper than all the weapons we’re sending to Ukraine. Might even be more effective, if we can starve russia out.
1 year ago
“They’re just looking to hold things together without russian oil,”
The reality is they cant keep things together without Russian oil, PERIOD. That is the choice facing them, become an economic deadzone or move forward. The best thing the Europeans could do right now for their own prosperity would be to sign long term energy agreements with Russia.
1 year ago
If they start getting chilly, they’ll build nuke plants. Fossil fuel is finite anyhow. Russia will run out at some point. Might as well get ahead of it and deprive the russians of money to make war machines.
1 year ago
How are you going to “starve Russia out” when the world’s food (wheat, oil, natural gas, uranium, palladium, etc) comes from Russia?
This is the great mystery of these absurd sanctions – it’s like the EU is saying, “I’m going to teach you a lesson by starving myself to death”. The only effect of all these sanctions is that Mr Putin might find it slightly harder to buy his next Burberry jacket.
1 year ago
Lithuania has one of the most contemptible governments on earth. Hating Russia seems to exceed concern for their own people or anyone else. They used to have almost 4 million people, now maybe 2.7. Their birth rate is a joke and they lose thousands from natural deaths each year. While the world lurches towards famine, they stop Belarus potash.
There’s a detailed discussion on The Saker about the EU refinery problems, trying to leave Russian oil.
1 year ago
From Wikipedia:
“During the occupation of Lithuania, at least 130,000 people, 70% of them women and children, were forcibly transported to labor camps and other forced settlements in remote parts of the Soviet Union, such as the Irkutsk Oblast and Krasnoyarsk Krai.”
It’s almost as if they have a legitimate grievance and distrust of russia.
1 year ago
“Meanwhile, the US can come up with $40 billion in a flash, without even a close look at the details.”
…
We have to pass the bill to find out what‘s in it
Coincidence – sheer coincidence – McConnell just made surprise visit to Ukraine. I mean no chance McConnell told Zelensky he’d shove this bill thru Congress if he promised to cycle back much of the loot to favored MIC contractors that support Republicans.
1 year ago
The constitution is Calvin Ball now. Anything is possible.
1 year ago
Actually, we have to pass the bill to find out how the bureaucracy will define the implementation.