Airborne and marine drone attacks are now having a major impact on Russia’s oil exports - talks of £100 million a day apparently. Oil and gas sales account for about 25% of Russia’s income. China and India are reliant on Russian crude so the supply may be affected. They might also consider the tariffs they face by buying Russian oil:
Evidence mounts that Ukraine’s two-pronged approach is working. Russian regions are short of fuel and export revenues are suffering.
Quite clever by Ukraine
Is it enough to cause oil prices to rise? If yes can be a drag on the global economy.
Russia has now banned the export of fuel following Ukraine’s attacks. Ukraine attacked Salavat for the second time in a week. This is one of Russia’s largest petrochemical complexes, more than 600 miles from the front line.
Well that is one way to ensure Europe ceases their import of Russian oil.
60 Minutes last night had segment on Russian rogue tanker severing cables in Findland’s Baltic by dragging anchors. They landed troops on the tanker by helicopter and took control. They have filed criminal charges against the captain and two officers. No info on what happens to the tanker. Can they impound it and hold it for ransom? Or sell its cargo to pay for repairs. They say multiple cables damaged and millions required to repair them. Damage was rare before war in Ukraine but now seems common. Finland has a fleet of drones to monitor for damage.
Interesting topic. This author contends that Ukraine’s strategy is effectively hurting Russia’s oil production but runs the risk of driving up oil prices for the countries whose politicians are walking a fine line between sanctioning Russia while needing their oil. Ukraine is fighting for their very existence and we are supporting them only insofar as it is expedient to us. Read it and tell me what you think:
I should have read ahead. Your post is so much more concise than mine.
Russia is now importing oil. Those drone strikes much have cause more damage than first reported:
It sounds like Russian oil terminals will be in the Ukrainian cross-hairs soon.
YT has several pro Ukraine auteurs who upload info a week before that info is reported in MSM.
This was reported a few days ago.
Russian oil terminals are threatened.
As are oil tankers.
ralph donated a few USD to the cause.
I’m always interested in sending additional dollars to Ukraine. Which cause do you use, Come Back Alive, United24, Razom for Ukraine, or something else?
Thanks!
Pete
Do you know if those tankers are carrying crude oil or refined?
I am asking because it is my understanding that the attacks on refineries is damaging but not a knockout blow because Russia is still exporting most of its crude oil:
We gave to World Central Kitchen. Not to buy weapons, obviously, but to help the Ukrainian population weather the storm. There is a way to designate foir Ukraine, but I forget how. They’re also in Gaza, but I have suspicions that the donations never get through the blockade. If/when I’m sure they do I’ll contribute there, too.
Russians are facing inflation and tax increases:
Ukraine is holding up better than I thought they would after we stabbed them in the back:
I donated to White Stork for first aid packs to those on the front lines, and United24 for defense and drone supplies.
Nope. The YT authors say that Ukraine is intentionally NOT destroying each refinery, but rather letting Russia rebuild, then hitting the refinery again. That causes Russia to use up scarce supplies.
A sunk ship is no longer part of the shadow fleet.
That’s what the YT guys say.
Like the UN, I just observe. I figure when the story is “confirmed” in the MSM, I’ll be more “confident”.
ralph
Rocketing fuel prices and now rationing:
The nation that parades as an energy superpower cannot keep its own drivers on the road. In some regions, motorists are limited to 10-20 liters per visit — if they can find gasoline at all. In others, only diesel remains.
A double whammy strategy, not only does it hamper Russia’s war effort but it brings the war home to everyday Russians specially in Moscow and St. Petersburg. The myth of “Special Operation” is debunked, It’s WAR Russkies! Maybe you should get rid of the warmongering tyrant.
The Captain
An interest talk on the state of Russia’s economy. Plenty of evidence showing the decline in certain sectors:
Refinery fires aren’t just due to war.
A huge fire broke out on Thursday night at a Chevron
oil refinery in California, one of the largest on the U.S. west coast, following reports of an explosion.No injuries were reported from the incident at the El Segundo plant, Chevron said on Friday, with the U.S. energy major’s fire department personnel and emergency services “actively responding” to the situation.
It was not immediately clear what caused the blaze.
“All refinery personnel and contractors have been accounted for and there are no injuries,” Chevron said in a statement, according to NBC.
“No evacuation orders for area residents have been put in place by emergency response agencies monitoring the incident, and no exceedances have been detected by the facilities fence line monitoring system,” the company added.
The El Segundo oil refinery is capable of refining 290,000 barrels of crude oil per day, Chevron says on its website, and its primary products are gasoline, jet and diesel.
PHOENIX - A recent fire at the second-largest oil refinery in Southern California is fueling a spike in gas prices across the Southwest, defying the typical seasonal fall decline.
What we know:
On Oct. 6, premium gasoline prices in the Phoenix area surpassed $4 a gallon, while the national average hovered around $3.20. In the Phoenix metro area, a gallon of unleaded sat at about $3.85, with premium reaching $4.50.
I paid just under $3 in Flagstaff this afternoon for regular.
DB2