I remember a lot of your wise asz smack talk. So much of it that I don't recall the specific exchange on this issue to which you refer..a fan wrote: ↑Fri Oct 28, 2022 1:43 pmI seem to remember telling you that pipelines have two ends. You made fun of me for it.old salt wrote: ↑Thu Oct 27, 2022 1:25 pm From Defense One in today's D brief
..........That's why Russia's "invasion of Ukraine is prompting a wholesale reorientation of global energy trade, leaving it with a much-diminished position," according to the report, which predicts a decline in Russia's share of internationally traded energy—from 20% in 2021 to 13% in 2030, "while the shares of both the United States and the Middle East rise" in that same period..............
Remember our exchange that you were flunking the grad school seminar because you couldn't name a single downside to Putin's stupidity? Remember how I told you Putin was checkers masquerading as chess?
Putin had not yet invaded at that point & no one thought he would.
You were still telling me he was the leader of a weak nation of little consequence with a gdp smaller than Italy.
He misjudged the competence of his military & underestmated the competence of Ukraine's mlitary, as did the rest of the world.
If you think Putin's energy blackmail is inconsequential, you're ignoring the disruption it's causing to global energy markets & the global economy, which will only continue to worsen. The EU's embargo of Russian oil does not begin until Dec. The late onset of winter this year allowed the EU to top off NG reserves but they will be drawn down by next winter unless more Russian NG finds it's way back into the global market. New energy supplies can't be brought on that quickly. Soaring energy prices are prompting supply shuffles -- there will be losers. This is driving toward a global recession. Zelensky is telling displaced Ukrainians not to come home yet. Living conditions in increasing parts of Ukraine are becoming pre-industrial age as winter approaches. They're cutting down old growth forests in Germany for firewood.
https://www.foxbusiness.com/economy/thr ... es-dwindleEurope Is Sacrificing Its Ancient Forests for Energy
https://www.nytimes.com › World › Europe
Sep 7, 2022 — While trees can be replanted, it can take generations for a growing forest to reabsorb the carbon dioxide from burned wood. “Using wood ...