Site icon The Punching Bag Post

Putin would be nothing if it were not for gas

&NewLine;<p>The world knows that Russia is a one-asset economy – gas&period;&nbsp&semi; That is it&period;&nbsp&semi; Without gas&comma; Putin’s Mother Russia would be a third-world country with a starving population – the kind of nation we see in Sub-Saharan Africa&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Oh yea&comma; the Madman of Moscow has nuclear weapons&comma; but could not afford an army and the weapons without the income from gas&period;&nbsp&semi; He would like to add a second asset – the grain fields of Ukraine&period;&nbsp&semi; That is looking problematic at the moment&period;&nbsp&semi; Hopefully&comma; we will not allow a defeat in Ukraine to pile on our problems after Iraq&comma; Syria&comma; Pakistan&comma; and&comma; of course&comma; Afghanistan&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Even as the Green Movement across the world is worrying about the carbon footprints of my 2009 Chevy Impala&comma; Putin is waging a war that is an environmental disaster of the first magnitude&period;&nbsp&semi; As a sideshow&comma; he is threatening to create a nuclear disaster in Ukraine&period;&nbsp&semi; But his main thrust is to use gas production as his current weapon of choice&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Whatever you may think of President Trump&comma; you must admit that he had it right when he scolded the European Union – especially Germany – for shifting their gas and oil purchases to Russia&period; Former German Prime Minister Angela Merkel had already completed one pipeline from Russia and was in the process of building a second when Putin launched the first European war since 1945 – and he is hoping for the same result&period;&nbsp&semi; The occupying Easter Europe&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The weaponizing of energy is the standard operating procedure for Russia&period;&nbsp&semi; In the days of the Soviet Union&comma; Moscow controlled the energy flowing into the homes of Eastern Europe&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>During my Winter visit to Lithuania shortly after that nation declared independence&comma; the Russian troops were still bivouacked in the woods outside of Vilnius – and the central heating was still in the control of Moscow&period;&nbsp&semi; Consequently&comma; the interior of homes and office were generally between 40- and 50-degrees Fahrenheit – including the office of the new President&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Thanks to another of Trump’s policies&comma; he left the United States as a net exporter of gas – and offered American gas as an alternative to the Russian products&period;&nbsp&semi; President Biden has turned America back to a net importer as part of his Green New Deal – but we still produce enough to dodge the fate of Europe&comma; where gas-driven inflation is hitting hard&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>While Biden likes to blame the American inflation on Putin&comma; that is political bull poop&period;&nbsp&semi; We are not nearly as dependent on Russian oil&period;&nbsp&semi; The American inflation is largely due to Washington pouring too much money into the economy – and the Federal Reserve Bank responding too slowly&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>It is entirely possible that Putin could turn off the gas spigot to Europe this Winter&period;&nbsp&semi; That would put Europe into an unimaginable humanitarian crisis&period;&nbsp&semi; And there should be no doubt that Putin would do that if he could&period;&nbsp&semi; But the backlash would be a monumental loss of revenues for Mother Russia&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Putin is already having serious problems financing his dirty little war&comma; the loss of gas income would end the invasion&period;&nbsp&semi; there would be no money to execute the war&period;&nbsp&semi; It would also create an economic crisis for the Russian people – as bad or worse than anything they have seen since the days of Joseph Stalin&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The outcome of the Ukraine war is still uncertain – and as every western leader has said&comma; &OpenCurlyDoubleQuote;Putin cannot be allowed to take over Ukraine&period;”&nbsp&semi; They need to act like they mean it&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Putin may still win the battle&comma; but it will be a Pyrrhic Victory&period;&nbsp&semi; He is doomed&period;&nbsp&semi; His oil and gas income is decreasing – and will continue to do so&period;&nbsp&semi; The United States has cut purchases of Russian gas&period;&nbsp&semi; While it is a slow process&comma; Europe is starting to build infrastructure to buy gas from non-Russian sources&period;&nbsp&semi; The major international gas providers are being encouraged to increase production to compensate for cutbacks in Russian oil&period;&nbsp&semi; Now&comma; they are not moving in that direction&comma; but it is not in the Arab world’s interest in propping up Russian oil prices in the long run&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Russian gas-related income poses an existential threat to the security of the United States&period;&nbsp&semi; The fact that Putin would dare to launch a war &&num;8230&semi; threatened to use nuclear weapons &lpar;ending the &OpenCurlyDoubleQuote;mutual assured destruction” concept that has prevented a nuclear holocaust for more than 70 years&rpar; … and is using gas as a weapon … indicates a decline in respect for – or fear of – America&period;&nbsp&semi; We have already seen how the&nbsp&semi; perception of a weaker America has emboldened every adversary – China&comma; North Korea&comma; Iran&comma; Afghanistan&comma; etc&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&nbsp&semi;Nothing the United States has done in recent years has chilled Putin’s maniacal ambitions&period;&nbsp&semi; America’s future depends on winning the war in Ukraine &&num;8212&semi; and that means disrupting Putin’s cash-for-gas economy&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>So&comma; there &OpenCurlyQuote;tis&period;<&sol;p>&NewLine;

Exit mobile version