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Page added on October 7, 2022
OPEC+ oil output cut ahead of winter fans inflation concerns
Global crude futures jumped this week, returning to three-week highs, after the Organization of the Petroleum Exporting Countries and their allies, including Russia, on Wednesday agreed to slash output by 2 million barrels per day just ahead of peak winter season. This is likely to drive spot prices higher, particularly for Middle East oil, which meets about two-third of Asia’s demand, industry participants said, adding to inflation concerns as governments from Japan to India fight rising costs of living while Europe is expected to burn more oil to replace Russian gas this winter.
3 Comments on "OPEC+ oil output cut ahead of winter fans inflation concerns"
Theedrich on Fri, 7th Oct 2022 10:17 pm
American troops are fighting in Ukraine. According to The Intercept at https://theintercept.com/2022/10/05/russia-ukraine-putin-cia/, “Secret U.S. operations inside Ukraine are being conducted under a presidential covert action finding.” When asked about this by reporters, Biden literally — literally — walked backwards grinning maliciously and left them ASAP. So, another lie from the criminal on the throne. Under a “covert action finding” the U.S. can commit any crime, and the complicit mainstream media will cover it up until it’s too late to do anything about it.
Thus, we now know not only that Biden, with the help of various NATO vassals (especially but not just Poland) has destroyed the Nord Stream pipeline and therewith Germany, but has been actively engaged in a secret war in Ukroidland. It becomes clearer now, just how those amazingly skillful Ukranian soldiers were able to sink the Russian flagship, Moskva, with so little training using complicated American weapons. All by themselves.
Of course, those clever Ukroids also assassinated Daria Dugina, the daughter of Aleksandr Dugin, a Russian nationalist, near Moscow on 2022 August 20 to show how powerful they were. Most recently, various news sources are reporting that the president of Ukraine, wunderkind Wolodymyr Zelensky, is calling for NATO to take “preventive action” against Russia by nuking it.
Can we now expect the demented dumbo to use another “covert action finding” to start World War Three for us? A war in which all history of America’s Western European vassals will also end forever?
Will such a “finding” be used to rig the November elections and keep the Democrats in power?
America was a nice experiment while it lasted.
Theedrich on Fri, 7th Oct 2022 10:19 pm
The Russian doctrine on using of nuclear weapons:
From: https://dfnc.ru/en/russia-news/fundamentals-of-russia-s-nuclear-deterrence-state-policy/
Fundamentals of Russia’s Nuclear Deterrence State Policy
Conditions for the transition of the Russian Federation to the use of nuclear weapons:
mass destruction against it and/or its allies, as well as in the event of aggression against the Russian Federation with the use of conventional weapons when the very existence of the state is in jeopardy.
The decision to use nuclear weapons is taken by the President of the Russian Federation.
The conditions specifying the possibility of nuclear weapons use by the Russian Federation are as follows:
arrival of reliable data on a launch of ballistic missiles attacking the territory of the Russian Federation and/or its allies;
use of nuclear weapons or other types of weapons of mass destruction by an adversary against the Russian Federation and/or its allies;
attack by adversary against critical governmental or military sites of the Russian Federation, disruption of which would undermine nuclear forces response actions;
aggression against the Russian Federation with the use of conventional weapons when the very existence of the state is in jeopardy.
The President of the Russian Federation might, if necessary, inform the military-political leadership of other states and/or international organizations about the Russian Federation’s readiness to use nuclear weapons or about the decision taken to use nuclear weapons, as well as about the fact that nuclear weapons have been used.
09.06.2020 (2020 Jun 9)
makati1 on Sat, 8th Oct 2022 3:38 pm
$10 gas by Christmas? I guess the US lost the power to control oil. about time! You don’t tell the Saudis to go fuck themselves and a few months later beg for their oil, like Biden did, and expect them to obey.
According to articles, the US “Oil Reserve” is down to about 22 days worth and falling. Trying to buy votes with lower gas prices doesn’t work if food, energy, and rent inflation is killing the family budget. For instance, I am buying fresh eggs at $1.80 per dozen. Whole milk from Australia is $1.90 per quart/liter. What are YOU paying?
BTW: As I have mentioned before, gasoline here has always been above $4.50 per gallon. It is not wasted, like in the West/US.