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Apr 3, 2022 4:10 AM

mfrybeasley

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138779

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1681

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15

https://www.independent.co.uk/news/world/europe/lithuania-russia-oil-natural-gas-eu-b2043950.html

https://m.economictimes.com/news/international/business/who-is-buying-russian-crude-oil-and-who-has-stopped/articleshow/90588978.cms

... and USA is the happy winner :) as always :)

4 years ago | Likes 3 Dislikes 0

Liquefied

4 years ago | Likes 1 Dislikes 0

Yes, moving to renewables...solar, wind, geothermal, EVs, powerwalls...oh wait, oh, more CO2 gas. :-(

4 years ago | Likes 3 Dislikes 9

What?

4 years ago | Likes 4 Dislikes 1

The pro-Russain politicians have been salty about out LNG terminal and ship since it was decided to get one in order to cut the gas prices.

4 years ago | Likes 3 Dislikes 0

Lietuva! Anrejii namai savo! Jėga!

4 years ago | Likes 46 Dislikes 0

Gesundheit!

4 years ago | Likes 2 Dislikes 0

4 years ago | Likes 1 Dislikes 0

Lithuania has also declared Taiwan to be an independent country. China has sanctioned them heavily.

4 years ago | Likes 1 Dislikes 0

If they have the money for more expensive gas...

4 years ago | Likes 2 Dislikes 0

Must be nice to have a LNG terminal.

4 years ago | Likes 1 Dislikes 0

And America profits from war in Europe again.

4 years ago | Likes 10 Dislikes 12

Are we going to come in late and finish the shit again?

4 years ago | Likes 4 Dislikes 4

We need to sort our own shit out.

4 years ago | Likes 6 Dislikes 3

Well that is weird. Almost as if the US position is getting better through this war. Wow, what a coincidence.

4 years ago | Likes 6 Dislikes 6

Yeah, maybe if Russia didn't want to lose the rest of its already small influence to the US it should stop acting like a rabid dog.

4 years ago | Likes 4 Dislikes 0

amen

4 years ago | Likes 1 Dislikes 0

Lithuania is Nato, so this could be interesting

4 years ago | Likes 316 Dislikes 14

NATO is a military defense organization. It doesn't really have anything to do with economic stuff directly.

4 years ago | Likes 3 Dislikes 0

Why?

4 years ago | Likes 60 Dislikes 2

Putin has the heebie jeebies over NATO... it's what keeps the russian population idolizing him.

4 years ago | Likes 16 Dislikes 0

They’re also EU

4 years ago | Likes 26 Dislikes 0

Eh not really. Not on that alone anyway

4 years ago | Likes 7 Dislikes 0

I for one hope EU starts to make some serious moves towards energy independence. Don't really like us being dependent on neither Rus or US

4 years ago | Likes 8 Dislikes 0

It's pronounced GEF

4 years ago | Likes 1 Dislikes 0

Wonder what will happen once Trump or a trumpist is back in power. Countries would be wise to think long terms and hedge their risks.

4 years ago | Likes 3 Dislikes 0

Yep. We've been begging Corn Pop to stop crushing American exportation and production of oil for a little minute now, glad he came around

4 years ago | Likes 3 Dislikes 3

If Corn Pop is supposed to mean Biden (and wtf is that?!?), you're lying like all GQPers. He has not "crushed" oil/gas. Lying is a sin.

4 years ago | Likes 4 Dislikes 0

You should consider why GQPers and Russians sound so similar with, inter alia, your CONSTANT lying.

4 years ago | Likes 3 Dislikes 0

I'm not a fan of US gas dependence either, considering that it feels they are only one bad president away from going fascist as well.

4 years ago | Likes 14 Dislikes 3

1/Actualy none of the Baltic states have been getting Russian gas since mid march. Russians thought they could harm us by cutting us off.

4 years ago | Likes 188 Dislikes 1

2/ But guess what. We never liked or thought of them as reliable business partners even before it happened.

4 years ago | Likes 116 Dislikes 0

I really want to visit the Baltics and Ukraine as soon as I can. You guys are awesome.

4 years ago | Likes 4 Dislikes 0

Baltic countries and Poland seem to be the only countries that understand Russia and treat the country accordingly. Everyone else are naive.

4 years ago | Likes 62 Dislikes 1

Exactly. I'm disgusted by the West right now.

4 years ago | Likes 2 Dislikes 0

Add Romania, Finland & Georgia, basically any Russian neighbor understands their relentless desire for more land while not fixing their own.

4 years ago | Likes 7 Dislikes 0

Energy dependence is a bitch. UK decided that the sanctions don't apply to coal, so now VR(Finnish state railroads) resumed importing it 1/2

4 years ago | Likes 15 Dislikes 0

https://yle.fi/uutiset/3-12383112 <- news in Finnish, same piece put trough google translate in next comment. 2/3

4 years ago | Likes 7 Dislikes 0

Just need to solve the diesel problem now. Europe gets roughly a fifth of its diesel from Russia.

4 years ago | Likes 5 Dislikes 0

in two months or so, the USA could help. As winter winds down New England stops needing a lot of US Diesel production. 1/

4 years ago | Likes 4 Dislikes 0

#2 Home Heating oil and Diesel Fuel are the same thing, In fact in places without seasons its called farm diesel or offroad diesel.

4 years ago | Likes 3 Dislikes 0

Well done, Lithuania. I bet Russia's real mad about waiting for the olympics to over this time.

4 years ago | Likes 5 Dislikes 0

Inb4 america drives up prices by 800%

4 years ago | Likes 8 Dislikes 1

Well done. All Baltic countries.

4 years ago | Likes 4 Dislikes 0

While we shouldn't get it from Russia, transporting (L)NG by ship is stupidly inefficient Vs. a pipeline. Not a great solution either.

4 years ago | Likes 3 Dislikes 0

It would need to be one helluva pipeline to reach from the Eastern US to Western Europe

4 years ago | Likes 1 Dislikes 0

Would be a "in between" fix. Long term goal is stop using coal and gas completly, anway.

4 years ago | Likes 1 Dislikes 0

keep it up, cunts. long way to go and it's gonna be expensive.

4 years ago | Likes 11 Dislikes 46

Yeah. Certainly not the cheap way out, but morally the correct thing to do. Hoping we in Finland will get on with the programme too.

4 years ago | Likes 3 Dislikes 0

user name checks out

4 years ago | Likes 20 Dislikes 1

Go to bed, Vlad.

4 years ago | Likes 27 Dislikes 4

you're a Vlad.

4 years ago | Likes 4 Dislikes 28

Fuck me, that one made me laugh. Good shit, too many Americans on here to appreciate it though :(

4 years ago | Likes 1 Dislikes 1

for you pro-russian dv fuckers - "keep it up" (continue) "cunts" (calls mates cunts) "long way.. .. expensive.." (sanctions take time/cost)

4 years ago | Likes 7 Dislikes 19

and it's not bedtime in Australia, MATE..

4 years ago | Likes 5 Dislikes 19

I got it. No worries.

4 years ago | Likes 1 Dislikes 0

Unfortunately US gas tends to be shale. Fracking bad yo.

4 years ago | Likes 4 Dislikes 0

Great news for the US because we’ve been trying to get Europe to buy our fracked gas for a few years now, with little success. /s

4 years ago | Likes 4 Dislikes 0

There are actually some who argue the war was provoked by the US to get the EU out of Russian energy dependency and buy US LNG instead ?

4 years ago | Likes 5 Dislikes 1

This ^

4 years ago | Likes 4 Dislikes 0

guess Lithuania now an "unfriendly" nation

4 years ago | Likes 64 Dislikes 2

Always was

4 years ago | Likes 1 Dislikes 0

It already was, together with the rest of the EU.

4 years ago | Likes 20 Dislikes 0

Next up on Russia TV1: V V Putin on “is it really a nation though?”

4 years ago | Likes 8 Dislikes 0

It's worth asking though: Is Russia really a nation?

4 years ago | Likes 1 Dislikes 0

Lithuenian commonwealth is more of a nation than Muscovy, and Putin knows that.

4 years ago | Likes 2 Dislikes 0

Pretty sure Putin's on record as NOT considering the Baltic states to be nations.

4 years ago | Likes 2 Dislikes 0

This is the sort of thing we need to do with China and manufacturing. It's gonna sting at first, but it must be done.

4 years ago | Likes 29 Dislikes 1

All domestic manufacturing would grind to a halt and you'd basically never get it started again before the riots destroyed everything.

4 years ago | Likes 3 Dislikes 5

Hence the sting. Some companies are working to do this as it is. I know several Japanese companies have moved out of China completely.

4 years ago | Likes 3 Dislikes 1

There's Sting, and then there's "Yeah, no". Seriously, just the drop in amazon availability would cause riots.

4 years ago | Likes 2 Dislikes 2

You don't do it all suddenly at once. You do it over time by building out your manufacturing sector. I thought that was understood.

4 years ago | Likes 1 Dislikes 1

That's a nice thought, but people will still buy the cheaper option of whatever it is you're selling.

4 years ago | Likes 1 Dislikes 0

as person who lived and still lives without amazon as postal service/other curriers worked , you dont need amazon.

4 years ago | Likes 3 Dislikes 1

It wOuLD bE DifFIcUlt So dOn'T EvEn TrY... BULLSHIT! Bring manufacturing back to the US.

4 years ago | Likes 3 Dislikes 1

We have manufacturing. We're second in output with a total living pop less than just the working age pop of China.

4 years ago | Likes 1 Dislikes 0

And we've lost more than 5 million manufacturing jobs in the last 20 years.

3 years ago | Likes 1 Dislikes 0

Ok.

3 years ago | Likes 1 Dislikes 0

I'd assume cutting ties with China would more than just sting. Our whole economy would grind to a halt and would have to be restructured.

4 years ago | Likes 2 Dislikes 1

impossible. way too much stuff is made there exclusively when we decided we wanted stuff as cheap as possible

4 years ago | Likes 1 Dislikes 0

Depending on your country we have. At least in the US there’s a lot more going on than what you see on headlines and trump tariffs. 4 1/

4 years ago | Likes 1 Dislikes 0

Years ago over half of my products were made in China and that was across multiple sectors of my industry. Now I import 0 for a multitude 2/

4 years ago | Likes 1 Dislikes 0

Reasons. Usitc.gov actually doing its job and being fast on anti dumping cases. Broken supply lines and shippers using extortion 3/

4 years ago | Likes 1 Dislikes 0

Accelerating shift back to domestic. New factories along the southern US coming online. Usually takes a few years to make them. Just 4/

4 years ago | Likes 1 Dislikes 0

In time inventory infrastructure across the US making domestic made plus LTL be net more profitable when accounting for less overhead and 5/

4 years ago | Likes 1 Dislikes 0

I hope every European country does the same

4 years ago | Likes 209 Dislikes 5

This goes into why that’s not possible at the moment without massive infrastructure construction and changes https://youtu.be/ZLyUeKa2jzY

4 years ago | Likes 1 Dislikes 0

Germany shut off their nuclear after Fukushima, easier said than done.

4 years ago | Likes 1 Dislikes 0

Except there is nowhere nearly enough supply (or infrastructure) to cover all of the EU needs in a short time frame

4 years ago | Likes 4 Dislikes 0

They can't. The pipelines exporting natural gas and oil from Norway are at maximum capacity. What Europe needs is Ukrainian gas.

4 years ago | Likes 14 Dislikes 1

Ukraine was never able to develop their gas fields in Crimean water and in the Donbass regions. If they do, it threatens Russian leverage.

4 years ago | Likes 8 Dislikes 1

[deleted]

[deleted]

4 years ago (deleted Aug 4, 2022 10:17 AM) | Likes 0 Dislikes 0

Nah, if that was the reason, it would have focused on that from the get go. This shitshow had very little reasoning to it.

4 years ago | Likes 3 Dislikes 2

They have been focusing on that. First, they tried political means, fomenting discord in the Donbass regions of Luhansk and Donetsk.

4 years ago | Likes 1 Dislikes 1

If US could cut ties with China, but you don't see that happening due to costs, unless someone pays them for the rising prices its difficult

4 years ago | Likes 2 Dislikes 0

What happens when China cuts ties with the U.S. in return? No iPhones. And many things. Ever thought of that power balance?

4 years ago | Likes 1 Dislikes 1

China already banned Iphones for most govt employees, what they will lose is sht ton of USD, like whats happening in Vietnam

4 years ago | Likes 1 Dislikes 0

?‍♂️no. I was referring to what Americans will lose if China bans iPhones and other manufactured exports to US. US relies heavily on China.

4 years ago | Likes 1 Dislikes 1

They wont lose anything except a slight delay,China is a mere sweatshop, it can be replaced easily. For instance Samsung, moved to Indonesia

4 years ago | Likes 1 Dislikes 0

Lithuania has less than 3 million inhabitants, Europe ~750 million

4 years ago | Likes 3 Dislikes 1

EU is about 450 (workout UK).

4 years ago | Likes 1 Dislikes 0

4 years ago | Likes 2 Dislikes 1

EU ≠ Europe

4 years ago | Likes 1 Dislikes 0

It's not that easy. There isn't that much gas available, a lot is tied up in long-term contracts.

4 years ago | Likes 5 Dislikes 0

Look into their volume. It is minuscule compared to what Germany and Italy buy from Russia. Easy to switch and easy propaganda.

4 years ago | Likes 4 Dislikes 2

Would take us Germans literal years to change that, sadly.

4 years ago | Likes 5 Dislikes 0

You will need to restart coal until you can swap to nuclear.there is no other way.massive nuclear expansion across eu(on E border)is needed

4 years ago | Likes 1 Dislikes 1

Love from Britain

4 years ago | Likes 1 Dislikes 0

The E border part is to dissuade rus from tactical nuc use

4 years ago | Likes 1 Dislikes 0

Germany uses gas for residential heating, not for electricity. And for industrial usage. Both can't be replaced easily, except with gas

4 years ago | Likes 3 Dislikes 0

imports from other sources. LNG gas from middle east, as example. Germany is already looking into this. Nuclear plants take btw. like 15

4 years ago | Likes 3 Dislikes 0

years of construction and are the most expensive source of electricty. Simply building more renewables is cheaper and faster.

4 years ago | Likes 2 Dislikes 0

We can't supply enough LNG. FOR SOME REASON

4 years ago | Likes 3 Dislikes 0

Because of the massive infrastructural logistics of total change from piped gas to LNG for countries as big as Germany. Cant be done quickly

4 years ago | Likes 6 Dislikes 0

LNG export terminals are also hard to get approved, People push back in the US especially when their heating bills are going up.

4 years ago | Likes 2 Dislikes 0

Then there's the other side: Germany doesn't have and won't have any import terminals until 2026 (if they decide to build one at all).

4 years ago | Likes 1 Dislikes 0

Building 3. Maybe 4 if they put another one where northstream2 should have ended. Some of them are problematic (near atomic plants, crowded)

4 years ago | Likes 1 Dislikes 0

comments are often "Gas Co says I am paying more due to market rates and supply yet they want to export more?"

4 years ago | Likes 2 Dislikes 0

(not talking gasoline here, in the US we use the term gas for both, rarely say Natural Gas for heating/cooking).

4 years ago | Likes 2 Dislikes 0

Living in one of the countries that could but haven't yet, I hope so too. But there's no denying that Germany will have trouble making 1/2

4 years ago | Likes 27 Dislikes 0

Just orderd a electrical pump for the house. Moving from gas , next step enough solar panels to power everything.

4 years ago | Likes 1 Dislikes 0

Does solar match the seasonal energy use where you live? Otherwise you're going to need *a lot* of storage

4 years ago | Likes 1 Dislikes 0

Where I come from we have this system where you get discounted what you over produce. And if there is more production than usage you get 1/

4 years ago | Likes 1 Dislikes 0

Compensated. Something like .15cents per kWh. Not perfect so Im still dependant of the nett. But batteries are far from sustainable atm.

4 years ago | Likes 1 Dislikes 0

German household cannot even switch away from gas to heat pump in such a short time, because there are not enough technician to do it.

4 years ago | Likes 4 Dislikes 0

USA HVAC professionals can work in Europe for the rest of their career installing heat pumps if they want universal health care.

4 years ago | Likes 6 Dislikes 0

it happen, and the supply chain needs to be adapted. I don't expect it to be trivial if everyone stops using russian gas. 2/2

4 years ago | Likes 26 Dislikes 1

Germany is already talking with several middle east countries, US and norway about gas imports. And H2 imports. This won't happen soon, but

4 years ago | Likes 1 Dislikes 0

last time I checked was it asumed that germany could be independent of russian gas in mid 2024. So ~2 years. Coal+oil this year.

4 years ago | Likes 1 Dislikes 0

Not that much, it's connected tot the gas roundabout. Rotterdam harbor has a gas terminal on that network

4 years ago | Likes 1 Dislikes 0

If it isn't that difficult that just makes it all the more shameful to keep buying russian gas.

4 years ago | Likes 1 Dislikes 0

Everyone says "well we just need to heat less", but it's absolutely not that easy. Certain industries would be destroyed if we just shut off

4 years ago | Likes 18 Dislikes 0

As in machinery would be destroyed. There's ovens that need days to cool down in controlled manners.

4 years ago | Likes 5 Dislikes 1

So if Russia got it off from their end…they could do major damage? (I say that simplistically, I know.)

4 years ago | Likes 1 Dislikes 0

And there's machines that use gas directly in large industrial processes. Changing that is a multi-decade project. But realistically 1/2

4 years ago | Likes 12 Dislikes 0

I expect the supply chain can cope with that if gas isn't used for creating electricity and heating too. But changing that is hard enough2/2

4 years ago | Likes 8 Dislikes 0

Germany announced a huge push in alternative energy to try and get off russian oil faster but it will still take a while.

4 years ago | Likes 9 Dislikes 0

Fun thing is if they push for alternative energy now we'll need more gas to account for bad weather. Gas is the only one to start/stop fast.

4 years ago | Likes 1 Dislikes 1

Hydro can do it quickly but Germany doesn't have much. Nuclear can also be adjusted within some power and change rate limits. 1/2

4 years ago | Likes 2 Dislikes 0

But my impression is that's about what has happened lately. More intermittency => higher dependency on fossil. Now they're doing the same2/2

4 years ago | Likes 1 Dislikes 0

Didn't they already make such a push the past decade?

4 years ago | Likes 3 Dislikes 0

they still use a lot of oil from russia and are speeding up their current timeline toward renewables and alternatives.

4 years ago | Likes 2 Dislikes 0

That was kind of my point.

4 years ago | Likes 1 Dislikes 1

Yes, but largely to replace coal and nuclear, and without any demand side restrictions like a motorway speed limit etc.

4 years ago | Likes 2 Dislikes 0

They haven't made much progress on anything except nuclear which would have been great to have right now. And IMO preferable as long 1/2

4 years ago | Likes 3 Dislikes 0