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Monday, November 7, 2022

Could this be the reason for the war in Ukraine?

© Getty Images / Jake Wyman

Could this be the reason for the war in Ukraine? 

I found this on RT, but they are quoting the Financial Times. I haven't verified that the quotes come from FT, but I have heard this story elsewhere. 

Aggregate net income for publicly listed oil and gas companies operating in the United States exceeded $200 billion for the second and third quarters of the year, according to analysis of earnings reports and estimates carried out by S&P Global Commodity Insights for the Financial Times.

The media outlet reported over the weekend, citing the analysis, that US oil producers have cashed in on a period of geopolitical turmoil due to the conflict in Ukraine that has shaken up the global energy market and sent prices skyrocketing. The $200 billion figure, which included supermajors, mid-sized integrated groups and smaller independent shale operators, marks the sector’s “most profitable six months on record and puts it on course for an unprecedented year,” it wrote.

“Operating cash flow will likely be record-breaking – or at least very close to it – by year’s end,” executive director for upstream equity research at S&P, Hassan Eltorie, told the FT.

Okay, there's been a lot teeth gnashing over the price of gasoline and how it's all Biden's fault and Biden is going to fix it, both of which are balderdash. I say that because I don't think Biden is operating independently, I think he's just a puppet and someone is pulling his strings. 

Or it could be that he's just a member of 'the club' that actually runs thing and they needed a front man to go out and tell stories to the press and they picked Joe. Doesn't matter whether the stories are true or not, just as long as they are really stupid or insane because that's what you need to get people's attention these days.

So what the club decided was that the oil companies weren't making enough money. Then they wondered how they could fix that, and then they had a good long think and said "why don't we start a proxy war with Russia?"

I'm pretty sure that's exactly what happened. If you want to stretch your imagination, imagine that the Russian arms makers were in on it. They needed more money to build up their armaments and what better way to do that than to increase the price of oil that Russia was exporting.

New World Order, bah! It's never gonna change, the world has always been run by the rich and that's the way it's going to be.



1 comment:

  1. Putin wanted a land route to the piece he got away with. Oil is a good income but Ukraine's grain would bring in a lot of money plus good for a political weapon, and the Ukraine has a lot of lithium which will be in demand.

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