@bidetmarxman: A few hours ago, the pressure in Nord Stream 2, the undersea gas line connecting Russia and Germany, plummeted and began leaking gas bubbles into the Baltic sea near the Danish island of Bornholm. 🧵...…
almost a third in less than a year??? wow lol. i can only imagine that as things get worse, the rate of usage over the long term will only go up, not down
yeah especially with how integral the petrodollar is to dollar hegemony and neo-imperialism. what with saudi arabia also looking to sell oil to china in yuan, and BRICS+ proposing more usage of national currencies…sure is a wild time to be alive
And MBS just got named PM of KSA… a massive move away from the US sphere.
It was big for me to understand that one arm of the KSA royal family has been trying to reform away from Wahhabism for like 60 years. And the Western backed arm is pro-Wahhabism.
that’s interesting, i didn’t know that at all although it’s no surprise that the US prefers the most reactionary slice possible. i feel like, whether through less sectarianism, eurasian integration, or recognition of the US as a common enemy, we could see cooling down in the contradiction between turkey and SA, again spelling doom for US oil by pushing them out of syria. nothin like adding even more fuel (or less, in this case?) to the fire haha. also might spell doom for israel too
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The only reason oil hasn’t exploded is that the gov has tapped into the SPR and passed it off as if they secured more oil. We are fucked.
haven’t they used, like, a surprisingly large portion of it too? i recall seeing something about that in the past few months
According to this it has been depleted by 27% so far
https://www.msn.com/en-us/money/markets/the-release-and-refill-of-the-strategic-petroleum-reserve/ar-AA12fFLB
almost a third in less than a year??? wow lol. i can only imagine that as things get worse, the rate of usage over the long term will only go up, not down
The US is an oil empire… The spice must flow and if it doesn’t, it all implodes. But with the global south standing up…
yeah especially with how integral the petrodollar is to dollar hegemony and neo-imperialism. what with saudi arabia also looking to sell oil to china in yuan, and BRICS+ proposing more usage of national currencies…sure is a wild time to be alive
And MBS just got named PM of KSA… a massive move away from the US sphere.
It was big for me to understand that one arm of the KSA royal family has been trying to reform away from Wahhabism for like 60 years. And the Western backed arm is pro-Wahhabism.
that’s interesting, i didn’t know that at all although it’s no surprise that the US prefers the most reactionary slice possible. i feel like, whether through less sectarianism, eurasian integration, or recognition of the US as a common enemy, we could see cooling down in the contradiction between turkey and SA, again spelling doom for US oil by pushing them out of syria. nothin like adding even more fuel (or less, in this case?) to the fire haha. also might spell doom for israel too
Holy shit
oil prices are rising again… we’re back to over $6/gal here
maybe this will be the year of the gigantic San Andreas earthquake that collapses California’s economy and thus the economy of the US