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Russia faces battle with Saudi Arabia over European oil market share

Russia faces battle with Saudi Arabia over European oil market share thumbnail
European oil refineries seem to be turning to Saudi instead of Russian crude. The Kingdom has been cutting prices to win market share away from Russia which accounts for 25 percent of crude consumption in Europe.

According to Reuters, oil majors Exxon, Shell, Total and Eni have been buying more crude from Riyadh for their refineries in Western Europe and the Mediterranean in the past few months at the expense of Russian oil.

“I’m buying less and less Russian crude for my refineries in Europe simply because Saudi barrels are looking more attractive. It is a no brainer for me as Saudi crude is just cheaper,” a trading source in a major European company told Reuters, who preferred to stay anonymous.

The average price of Russian Urals oil in January – September 2015 was about $ 54.40 per barrel (compared to $ 105.07 for the same period last year). However, an analyst from Russia’s Uralsib bank Aleksey Kokin says Saudi contracts with European companies are looking at benchmarks such as Brent and Dubai, which are priced at $48-49 per barrel.

“And the Saudis are ready to offer a discount of $0.5-1.00 per barrel to this price,” he told Russian online newspaper Gazeta.ru.

According to the analyst, Russia provides nearly 25 percent of the oil used in Europe (Europe consumes about 14 million barrels a day, or 700 million tonnes of oil per year). The Russian share of European oil imports is around 35 percent.

“Saudi Arabia can painlessly provide Europe with an additional 1 million barrels per day,” says Kokin.

This would come at Russia’s expense and its share of the European market would decline by almost a third, he added.

Rosneft CEO Igor Sechin says Saudi Arabia is reducing prices to reach new markets.

“In terms of competition, we are seeing now that Saudi Arabia has even come on the Polish market, where it has never been; it’s supplying raw materials through Gdansk. Actively dumping,” he said.

Russian Energy Minister Aleksandr Novak echoed Sechin’s concern, saying that Saudi Arabia’s entry into the Eastern European markets was “tough competition.”

RT



60 Comments on "Russia faces battle with Saudi Arabia over European oil market share"

  1. Kenz300 on Fri, 16th Oct 2015 6:55 am 

    It is time for OIL companies to take their heads out of the sand and begin to change their business models.
    They need to become “ENERGY” companies by embracing alternative energy sources while reducing their dependence on fossil fuels.

    Oil and Gas Companies Make Statement in Support of U.N. Climate Goals – The New York Times

    http://www.nytimes.com/2015/10/17/business/energy-environment/oil-companies-climate-change-un.html?&moduleDetail=section-news-2&action=click&contentCollection=International%20Business&region=Footer&module=MoreInSection&version=WhatsNext&contentID=WhatsNext&pgtype=article

  2. rockman on Fri, 16th Oct 2015 7:38 am 

    I suspect that it isn’t so much a case of the KSA is stealing market share from them as it is Russia not willing to sell its finite revenue source at too big a discount:

    “Russia also doesn’t have a single state-owned company that controls the nation’s oil production, such as the Saudi Arabian Oil Co. or National Iranian Oil Co. The number of publicly traded producers means the nation couldn’t curb output like an OPEC member, said Sechin of state-owned Rosneft, which accounts for about half of Russian oil exports.

    Russian oil companies aren’t clamoring for an alliance with OPEC. They are actually outperforming their international peers on metrics such as cash flow and profit margins. Russian oil extraction and export tax rates shrink at lower prices, giving companies a buffer against the slump in crude.”

    IOW Russia is selling oil…Russian companies sell oil. And they have a huge advantage over all other global companies: their tax rate is indexed to the price of oil. The lower the price the less taxes they pay. IOW their net income doesn’t drop as much as lower oil prices might indicate.

    Some folks have questioned why oil producers don’t cut production to conserve their finite resources in the face of lower prices. This may be such an example. If Chesapeake were saving a lot of tax money like a Russian company they might be able to afford to hold back a good bit of their shale production.

  3. Hello on Fri, 16th Oct 2015 8:12 am 

    I never understood this market share business for oil.
    If you don’t sell it to Europe, then sell it to somebody else, there’s plenty of addicts out there.

    What’s the big deal?

  4. BobInget on Fri, 16th Oct 2015 8:29 am 

    Make that 43 nations not involved in a the lower case third world war.

    Cuban troops have arrived in Syria. The military forces from the communist nation President Barack Obama recently decided to normalize relations with are believed to be preparing to staff Russian tanks. The Cuban soldiers are also reportedly going to advise the armed forces under the control of President al-Assad and may be going to fight the U.S.-backed Syrian rebel forces in Damascus.
    The head of the military in Cuba, General Leopoldo Cintra Frias, recently visited Syria and led a group of military personnel to join forces with Russia, Fox News reports. A United States official confirmed on Wednesday that paramilitary and special forces units from Cuba were indeed on the ground in Syria, according to intelligence reports. The Cuban troops might have arrived in the civil war-torn Middle East nation via Russian planes, N

    Read more at http://www.inquisitr.com/2496919/cuban-troops-in-syria-running-russian-tanks-spark-world-war-3-fears/#iGRqm4lAEhASfifu.99

  5. BobInget on Fri, 16th Oct 2015 8:44 am 

    If paying attention, you noticed the a formable opposition coalition gathering around Saudi Arabia’s ‘market share’.

    Russia, Iran, Iraq, Venezuela, Indonesia,
    and eight non OPEC members,
    http://uk.reuters.com/article/2015/10/13/uk-opec-venezuela-idUKKCN0S72LQ20151013

    Every delegate will be carrying a symbolic knife ready to plant in Caesar’s back.

    Take this to a bank. Russia, Iran, Iraq, Venezuela will dictate oil prices after this coming Wednesday.

  6. BobInget on Fri, 16th Oct 2015 10:07 am 

    ‘Big oil’ exiting shale, for now….

    Occidental Petroleum Corp (OXY.N), the fourth-largest U.S. oil producer, has agreed to sell all of its North Dakota shale oil acreage and assets to private equity fund Lime Rock Resources in a deal worth around $500 million, according to sources familiar with the matter.

    The sale, which marks the first exit of this downturn by a major oil company from the Bakken shale formation, includes all of Oxy’s roughly 300,000 acres in the state, including a 21,000 square-foot regional office built just three years ago.

    Lime Rock, which already operates in North Dakota, is buying the assets as the oil industry contends with the worst crude price crash in more than six years, a drop the fund used to its advantage.

    http://www.reuters.com/article/2015/10/15/us-limerock-occidental-bakken-idUSKCN0S92QR20151015

  7. BobInget on Fri, 16th Oct 2015 10:14 am 

    UK faces gas/electrical shortages.
    This winter will change our entire energy dynamic, just watch.

    http://www.telegraph.co.uk/finance/newsbysector/energy/11933020/national-grid-blackout-risk-factories-paid-switch-off-keep-lights-on.html

    Factories may have to shut down on weekday evenings this winter to keep household lights on as Britain faces the worst power crunch in a decade, National Grid has warned.
    There is an “increased likelihood” that there will be “insufficient supply available in the market to meet demand”, forcing the UK to rely on “last resort” measures such as paying factories to power down, National Grid warned.
    The risk of blackouts will be the highest since 2007/08, even once emergency plans to reduce energy demand from businesses and fire up old mothballed plant have been deployed, analysis released on Thursday shows.
    Britain’s spare capacity margin – the effective ‘safety buffer’ between peak electricity demand and available power supplies – will be just 5.1 per cent once the emergency measures are used.
    Without such intervention to artificially bolster supplies, the margin would have fallen to just 1.2 per cent, the lowest in a decade National Grid confirmed. (30)

    Unlike the US and Canada, GB doesn’t have
    gas fired , stand-by plants that can be put on line in hours. This winter will be an acid test for wind-power.

  8. BobInget on Fri, 16th Oct 2015 10:31 am 

    Coming Down Pipeline: US Energy Credit Lines Face 35-40% Cuts

    (National Law Review)

    posted on: Thursday, October 15, 2015
    The recent TMA Global Annual Conference in Scottsdale Arizona gave us a great opportunity to swap intel and war stories. The buzz at the conference was around the oil and gas sector. It created immediate and ongoing comment, not just at the conference but also in the wider media. See web link from Bloomberg.

    As the US banks complete their bi-annual reviews of oil and gas loans, we anticipate that borrowing bases will decline between 35 and 40%. This will inevitably cause some producers to be

    unable to meet financial covenants;

    unable to secure future borrowings;

    kicked into repayment provision territory; and

    charged higher interest rates for second lien loans.

    Whilst the price of oil per barrel has stabilised, it has more than halved to less than US$50 a barrel over the last 12 months. Producers and service companies have been hanging on in there, but for how much longer?

    At the macro level OPEC and the Saudis may not be on the same page, possibly because it’s impossible. The Saudi Arabian Monetary Agency foreign reserves have dropped by US$73 billion since the beginning of the oil price decline last year and are being used to fund the deficit created by the drop in oil prices plus reinvesting in more stable sectors. Fund managers cannot be enjoying that ride.

    Blackrock, one of the largest managers of gulf funds, reported second quarter net outflows from EMEA of US$24.1 billion against an inflow of US$17.7 billion in the previous quarter. The Saudis can fund the oil pump, but the pressure is on OPEC.

    The ongoing loan prices are having a catastrophic effect on investment and cap expenditure across the breadth and depth of the sector with, likely, worse to come. OPEC estimates that worldwide cap expenditure in the sector will be cut by US$130 billion in the next year. Wood MacKenzie, the energy consultancy, say that US$1.5 trillion of future spending is uneconomic at current barrel prices and so the squeeze continues down the pipeline.

    The producers continue to cut costs where they can and put pressure on service providers. Comparisons are being drawn with the automotive industry which had to re-think its macro operating strategy some time ago. Unnecessary specialist and technical iterations needed to be and were ironed out. The fact that the oil and gas sector has 250 sizes of valve stems in current use, each one a 1000th of an inch different in size, illustrates where lack of cross industry collaboration can end up.

    It is likely the pressure on service industries will reach peak over the next 18 months, sniffer dogs are noted as being a cheaper and more effective way of pinpointing gas leaks rather than using teams of contractors; rig clubs are being formed amongst the smaller operators as they join forces to hire drilling rigs more cheaply, and of course, the cost cutting with contractors continues. In the UK and Europe there has been some restructurings in the sector but not at the same level as we have seen in the US – watch this space.

    More than US$200 billion worth of oil and gas assets are for sale globally according to IHS Inc. with deals expected to accelerate in Q4 and into 2016.

    So, a fundamental shift in the sector is on the horizon and new funds, established private equity houses and other sector players are looking to make a timely entrance and/or killing!

    – See more at: http://www.natlawreview.com/article/coming-down-pipeline-us-energy-credit-lines-face-35-40-cuts#sthash.9OGwGHb8.dpuf

  9. Newfie on Fri, 16th Oct 2015 10:32 am 

    Europe can burn 14 million barrel sod oil a day and I’m not allowed to burn one joint in my own living room. Where’s the justice ?

  10. BobInget on Fri, 16th Oct 2015 10:50 am 

    Thoughts;

    When KSA went to war with Iran, opting to weaponize crude oil, except for military expenditures, world spending dropped off a cliff.

    When the US and Saudi Arabia decided to defend
    a puppet president in Yemen, that fateful adventure sealed the Saudi dynasty for all time.

    Today we see no fewer then 40 nations in conflict,
    deeply impacted by wars in Iraq, Syria, Sudan,
    Yemen and Libya. Four million Syrian refugees,
    millions more from Afghanistan to Libya flooding into Europe just when they are least needed.

    Next week will see dramatic changes in the way crude oil is allocated. If I’m wrong and nothing happens in Vienna, matters will worsen.

  11. BobInget on Fri, 16th Oct 2015 11:15 am 

    Further escalation:

    Israel perturbed by the arrival of 3,000 Iranian troops in Syria with 2,000 CubansDEBKAfile Special Report October 15, 2015, 12:25 PM (IDT) Tags: Iranian forces in Syria, Russian forces in Syria, Israeli security, Palestinian terror, Golan,
    Iran’s underground silo for ballistic missiles
    Iran’s underground silo for ballistic missiles

    Israel and Iran engaged in a duel of messages on Wednesday and Thursday (October 14-15), with Russia standing behind Iran.
    Israeli military and intelligence sources were uncharacteristically forthcoming when they revealed on Thursday, Oct. 15, that 3,000 Iranian Revolutionary Guards troops had secretly landed in Syria. This was the largest Iranian ground force ever to set foot in Syria.
    Until now, Israel had kept under close wraps any intelligence obtained about the movement of the Iranian forces. However, in consideration of the large number of troops, the continuation of the Russian and Iranian airlifts of forces to Syria, and the possibility that the Iranian troops could be deployed on the Syrian side of the Golan, Israeli leaders decided to go public in this latest development.
    This is because of their grave concern that Iran may take advantage of the IDF’s transfer of forces from its northern borders to the domestic fronts for quelling the current outbreak of Palestinian terrorist violence, to go for territorial gains on the Golan and the Israel-Lebanon border.
    The IDF released information Wednesday night that it had sent drone and intelligence gathering units from the Northern Command to the center of the country to deal with the Palestinian terror.
    The intelligence-gathering units are relatively new, attached recently to field brigades and divisions for supplying data gained by observation posts, forays behind enemy lines and questioning captured prisoners. The transfer of these units to the center of the country presents the IDF with difficulties on other fronts and may leave the military with no option but to start calling up army reserves very soon, if the wave of terror does not end.
    Fearing the IDF may strike its forces in Syria, Tehran sent Jerusalem a deterrent message: the revelation of its underground tunnel networks for launching and storing ballistic missiles.
    The missiles were shown loaded on dozens of giant trucks with team standing ready for launching, to show Israel that all his ready for immediate action, including war.
    Revolutionary Guards chiefs were shown on Iran’s state TV inspecting the tunnels and the missiles and trampling contemptuously on US and Israeli flags.
    The previous day, Iran announced that its forces had conducted a test of the new “Emad” long-range ballistic missile, without specifying the weapon’s range or the date and location of the launch.
    In Washington, the Obama administration’s response to these messages was low-key, describing the ballistic missiles as a certain violation of the UN arms embargo against Iran.
    In another military development connected to the Golan, US defense sources revealed Wednesday night that that Russia had airlifted to Syria Cuban army units to fight alongside the army of Syrian President Bashar Assad. The sources said they were members of Cuban armored corps units who would drive Syrian tanks, adding that the Cuban chief of staff, Gen. Leopoldo Cintra Frias, arrived in Syria with the troops.
    DEBKAfile’s sources: The arrival of the Cuban forces broadens the Russian war effort.
    The fact that Cuban troops will man Syrian tanks attacking rebel groups represents a dramatic achievement for Russian President Vladimir Putin’s proxy war in Syria.
    They are not in the Middle East for the first time. In 1974, the USSR flew two Cuban tank brigades to Syria and placed them opposite IDF positions on Mt. Hermon and other parts of the Golan. From February to May, the IDF traded heavy artillery fire with the Cubans, accompanied by dogfights between Israeli and Syrian warplanes. This war, conducted on the Syrian side by Russian officers, ended on May 31,1974 with the signing of a separation of forces agreement between Israel and Syria.

    In addition to demonstrating Russia’s strategy of establishing an international military coalition to support President Assad, the deployment of Cuban troops serves as a clear hands-off signal to Israel.

  12. BobInget on Fri, 16th Oct 2015 11:17 am 

    I hope everyone gets it.
    Cuban troops are proxy for Venezuela and a direct
    slap in the kisser to Saudi Arabia.

  13. Davy on Fri, 16th Oct 2015 12:07 pm 

    Bob, excellent thread on the military situation in Syria. Keep it coming it is fascinating to see how all these actions play out. I am of course very worried for all of us. This is a black swan geopolitical event that can bring the global system down.

  14. beamofthewave on Fri, 16th Oct 2015 1:18 pm 

    Saudi Arabia is awful, I hope they get slapped, crucifying a teenager for protesting is disgusting.

  15. Boat on Fri, 16th Oct 2015 5:44 pm 

    I see Cuban tank operators exploding in their tanks.

  16. apneaman on Fri, 16th Oct 2015 6:27 pm 

    Boat, is that the fantasy you jack off to?

    Why not? Fantasy military victories are all you have had since WWII ended. Unless you count droning women, kids and hospital patients a victory.

  17. GregT on Fri, 16th Oct 2015 6:42 pm 

    “I see Cuban tank operators exploding in their tanks.”

    Why do I not find that the least bit surprising? 🙄

  18. apneaman on Fri, 16th Oct 2015 7:04 pm 

    U.S. Carrier Strike Groups Locations Map – Oct. 16, 2015 (IMPORTANT)

    “Comment by the Saker: the big news here is that the USA has pulled the aircraft carrier Theodore Roosevelt (CVN-71) out of the Persian Gulf and that, for the first time in many years, no US aircraft carrier will be patrolling these waters. In fact, there are currently no US aircraft carriers anywhere near the Middle-East. Funny fact: Theodore Roosevelt was the 26th US President and Russia fired exactly 26 cruise missiles, after which the Theodore Roosevelt withdrew. Coincidence or the the Kremlin send a message to Uncle Sam?”

    http://thesaker.is/u-s-carrier-strike-groups-locations-map-oct-16-2015/

    Maybe it’s heading to the South China sea?

  19. makati1 on Fri, 16th Oct 2015 8:05 pm 

    Ap, if the South China Sea is where they are headed, that is another blunder by the ‘exceptional’ country. China has ‘carrier killer’ missiles so I doubt it causes any great concern to the Chinese. The entire South China Sea is under that missile umbrella.

    I also read about the mighty US navy’s retreat from the area of danger. They are now up against real power, not some 3rd world militia. Even the 3rd world militias were able to kick their ass and prevent their success after a decade of trying. The USN Paper Tiger flees the scene. LOL

  20. Truth Has A Liberal Bias on Sat, 17th Oct 2015 12:31 am 

    “In 1974, the USSR flew two Cuban tank brigades to Syria and placed them opposite IDF positions on Mt. Hermon and other parts of the Golan. From February to May, the IDF traded heavy artillery fire with the Cubans, accompanied by dogfights between Israeli and Syrian warplanes. This war, conducted on the Syrian side by Russian officers, ended on May 31,1974 with the signing of a separation of forces agreement between Israel and Syria.
    In addition to demonstrating Russia’s strategy of establishing an international military coalition to support President Assad, the deployment of Cuban troops serves as a clear hands-off signal to Israel.”

    http://www.debka.com/article/24950/Israel-perturbed-by-the-arrival-of-3-000-Iranian-troops-in-Syria-with-2-000-Cubans

  21. Truth Has A Liberal Bias on Sat, 17th Oct 2015 12:46 am 

    China is going to be launching attacks from it’s aircraft carrier.

    http://www.debka.com/article/24926/

    ‘Merika is no longer a dominant power. Preeminent but not dominant. China and Russia can cooperate to successfully oppose ‘Merika. And when they do they collect a following, to-wit Iran and Cuba.

    Prior to WW2 Germany tested out it’s military procedures by participating in the Spanish Civil War. In a similar way China is battle testing it’s J15’s and it’s aircraft carrier.

  22. Davy on Sat, 17th Oct 2015 6:33 am 

    There is more to it than having a carrier. It is the coordination of naval assets and training. China and Russia have built up neither. Their carriers are just show items both expensive an ineffective. It will take a decade to make them into a force to be reckoned with and we know here there will not be a decade left for the fossil fuel war pigs. Postmodern war pigs will be the “in” by then. Carriers are an expensive undertaking. Neither nation alone or together have any of the mojo impact from their carriers the anti-American’s would like to see.

    All this military jingoism by the anti-Americans is much like all the trumpeting of the Brics economically last year. That sure got quiet. The same is true of the Russian campaign in Syria. Another straight out of Hollywood reality TV show. These air wars are never that effective. They can destroy some assets that are massed in the open but once the assets are dispersed it is a different story. The US hammered IS in Kobani because they were massed. The air campaign has been the usual spending huge sums of money to pick off a few targets of opportunity. If you at least try to avoid civilians then that greatly restricts your operations. To be effective you level the country and even that is only so effective. Rubble makes for great hiding.

    The Russians will put good use to the air power when they are supporting the ground offensive. I imagine the truth will be told and the Russian with rather little experience at bombing campaigns have killed significant amount of civilians and destroyed large amounts of infrastructure for limited results. The cruise missile show was well just a show. You anti-Americans can talk up the Russians but let’s wait and see when the dust settles what really is accomplished.

    I am sure glad all those comments on how wonderful and peace loving Putin is are over. Now we are seeing what Putin really is and how he is equally capable of starting WWIII just as the neocons in DC. The global world has entered a new phase of multipolar proxy wars. It appears the ME will be the playground. We have no room for error in this region. If the proxy war grows to a larger war oil assets could be destroyed. It would only take a 10% reduction in oil supply to derail the global economy. Look at the disruption currently with just a few percent over or under the goldilocks range of supply and demand. We are in very dangerous territory.

  23. Truth Has A Liberal Bias on Sat, 17th Oct 2015 8:38 am 

    http://www.democracynow.org/2014/9/15/who_pays_the_pro_war_pundits

  24. Truth Has A Liberal Bias on Sat, 17th Oct 2015 8:42 am 

    Last but not least

    http://youtu.be/vaw0rWI5idA

  25. rockman on Sat, 17th Oct 2015 2:51 pm 

    Davy – “Their carriers are just show items both expensive an ineffective.” Yes and no. Against a modern never opponent they are a big fat target. But against a lesser force they are a power force extender. Just consider how the US has been able to extend operations into regions where they had no bases. But put those same assets up against a force with sufficient anti-ship weapons it’s a very different dynamic. Just consider what happened to British naval forces in the Falkland’s war.

    Unless one of the super powers stands against the Chinese carriers they should be a very effective tool against lesser nations.

  26. makati1 on Sat, 17th Oct 2015 8:20 pm 

    China is not out to conquer the world, like a certain other country, so it does not need carriers. Nor does Russia. Both now have missiles that make carriers obsolete, except as mentioned by rockman, against 3rd world aggression.

    Just like the old army tank of yesteryear. The Germans had little panzerfausts that could be fired by boys and old men and take out any tank nearby. That made them obsolete for close fighting and now they are only expensive steel coffins on tracks for the most part.

    That is why I still think any real war will end in nukes as that is the only way the Us has a chance to ‘win’. No one will come out the winner this time.

  27. Davy on Sat, 17th Oct 2015 8:23 pm 

    OOps, someone forgot that China and Russia do have carriers and both are interested in world domination.

  28. GregT on Sat, 17th Oct 2015 9:27 pm 

    What is your point Davy?

    visualcapitalist.com?

    “United States is a sophisticated and highly diversified economy that is based on services, finance, and consumption from the middle class.”

    Does this honestly sound healthy to you? Or are you arguing in favour of China? I can’t tell.

  29. GregT on Sat, 17th Oct 2015 9:31 pm 

    Also Davy,

    The US has more aircraft carriers than the rest of the world’s nations combined. Not that obsolete military hardware will really make much of a difference.

    https://en.wikipedia.org/wiki/List_of_aircraft_carriers_by_country

  30. dissident on Sun, 18th Oct 2015 1:01 pm 

    Davy is full of sh*t as usual. Russia has one functional carrier that is more like a battleship thanks to its array of heavy missiles. This boat is a relic of the USSR period. I note how the typical NATO hick thinks there is no difference between the USSR and Russia. That is like thinking there is no difference between Germany today and the Nazi Germany of the 1930s and 40s.

  31. antaris on Sun, 18th Oct 2015 1:13 pm 

    The Chinese don’t need carriers or military might as they are taking over the world by just imagrating and reproducing.

  32. GregT on Sun, 18th Oct 2015 2:24 pm 

    “The Chinese don’t need carriers or military might as they are taking over the world by just imagrating and reproducing.”

    They have certainly taken over Vancouver BC, I’ll give you that antaris. Move a hundred miles away in any direction, and there are almost none. Another very good reason to make a move..

  33. Davy on Sun, 18th Oct 2015 2:40 pm 

    Greg I don’t have time for your petty word plays. Read it and learn something.

  34. Davy on Sun, 18th Oct 2015 2:42 pm 

    Greg, I though North Korea had the most carriers? DUH someone is as dumb as a jar of dirt.

  35. GregT on Sun, 18th Oct 2015 2:47 pm 

    Davy,

    My view is not clouded by allegiance to anyone. I only tell it as I see it. Sorry if you find that to be ‘anti’ or ‘pro’ anything. It isn’t, and I’m not.

  36. Davy on Sun, 18th Oct 2015 2:51 pm 

    Dizzy, thanks for telling the top secret ins and out of the mighty part time Russian carrier. That is more old news and and more “duhs”. Someone is as dumb as a jar of Canadian dirt. This Nato Hick like when the elusive dizzy talks to me. Most of the time you show how much of a coward he is and does not engage. BTW Dizzy what dumb ass country are you from? Are you Russian Dizzy? You sure like to worship Putin.

  37. GregT on Sun, 18th Oct 2015 2:53 pm 

    “Greg, I though North Korea had the most carriers? DUH someone is as dumb as a jar of dirt.”

    Not sure what your intention is here Davy. Are you kidding?

  38. GregT on Sun, 18th Oct 2015 2:55 pm 

    I’m pretty sure that dissident is an American Davy.

  39. Davy on Sun, 18th Oct 2015 3:03 pm 

    Greg, Look, you guys gang banged me last night. You guys wanted to draw blood. I don’t forget these things. I am pissed right now. Let me lick my wounds and things will calm down in a day or so. Just avoid me for a day. I will avoid you and the Ape. We used to be friends and we all have allot in common. Let’s avoid further battle for the sake of a clean board.

  40. apneaman on Sun, 18th Oct 2015 3:05 pm 

    The Chinese don’t need carriers or military might as they are taking over the world by just feeding the west’s insatiable appetite for consumer gluttony and never ending distraction from reality. Who gives a fuck. Did we have some special ordained right from above to rule the world? No, in addition to the military might/threat it was education, the rule of law and institutions that functioned because the law was once enforced more times than not or at least enough to matter. Sold out for more toys, comfort and convenience. Don’t blame the Chinese, we went to them. Millions are completely happy with neoliberalism, corporate personhood, dismantling of unions, free trade and all the rest of it, and the rest did nothing, so fuck em. Collective, it’s our tree and we are sitting in it. If your society is a loser piece of shit, it’s because your society is a loser piece of shit. No need to look beyond your border. Look at your neighbors, family and in the mirror.

  41. GregT on Sun, 18th Oct 2015 3:10 pm 

    I’m honestly sorry that you feel that way Davy. I have a great deal of respect for you. You really should try to separate yourself from your corrupt political overlords, and their corrupt institutions. The more that you stand up for them, the more you look like one of them. Just sayin’.

  42. Davy on Sun, 18th Oct 2015 3:29 pm 

    Greg, this is really about friendships and unwritten rules that govern friendship. It is also about maintaining a clean board for the critical mission of putting out a coherent message. We should not get too extreme one way or another or there is a loss of respect from those who visit and are not active participants. If we can’t be friends then we need to talk about rules of engagement for the health of the board. I am not the type to back down. I enjoy a fight and a challenge. Since our battles are with words they can selfishly take away from others experiences and learning here. This also reflects poorly on us and our maturity and intellect. We are dealing with passionate subjects. Those who are here regularly should agree to disagree on some things and disengage from too much battle. I am going to stop rambling now but I think you get my point. This is about us as humans as much as it is about the greater world.

  43. Boat on Sun, 18th Oct 2015 3:49 pm 

    Davy,

    Greg, this is really about friendships and unwritten rules that govern friendship.
    This also reflects poorly on us and our maturity and intellect.If we can’t be friends then we need to talk about rules of engagement for the health of the board.

    Listen to Davy cry like a girl. Health of the board lol Maturity and intellect…please.

    All in your little group will turn on each other in a heartbeat. But ya’ll speak in that code that I wouldn’t touch because of embarrassment. Black swans, red queens, corrupt political overlords. Maybe your gay because that isn’t man talk from the farm.

  44. apneaman on Sun, 18th Oct 2015 3:56 pm 

    Boat, I didn’t think you had it in ya. You are learning something afterall.

    Yabut boaty

    https://www.youtube.com/watch?v=GMVTOxELjfU

  45. apneaman on Sun, 18th Oct 2015 4:03 pm 

    BTW boat it’s “you’re gay” as in “you are gay” not “your” as in “is this your gay boyfriend named boat?”.

  46. Davy on Sun, 18th Oct 2015 4:04 pm 

    I stand by what I said boater and notice I didn’t direct it toward you. I knew it would zoom over your little mind.

  47. GregT on Sun, 18th Oct 2015 4:08 pm 

    Davy,

    I expect my friends to tell the truth. I don’t care whether that truth is uncomfortable or not. If I find the truth to be uncomfortable, then it is myself that needs to make adjustments. The truth is the only thing that really matters.

  48. onlooker on Sun, 18th Oct 2015 4:08 pm 

    Davy, I just wanted to say I read a little of your biography from the other post. I just wished to say I truly admire someone of your background, realizing the futility of the consumeristic lifestyle not just for the planet but for yourself. So we do not just have to bash each others we can dole out some respect. That does not mean we have to be chummy chummy

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