EU To Impose Full Embargo On Russian Oil Next Week, Will Send Price Above $185 According To JPMorgan

Via ZeroHedge

Update (13:15 ET): What was largely a theoretical modeling exercise until moments ago, is set to go live because Reuters reports that the EU is set to declare a full embargo on Russian oil after this weekend’s French election:

  • EU GAS PRICE TO SHOOT UP AS EU TO DECLARE EMBARGO ON RUSSIAN OIL AFTER FRENCH ELECTION NEXT WEEK – SOURCE

Why wait until after the election to launch the embargo? Simple: Europe’s bureaucrats are correctly terrified that the coming oil price spike to push the vote in Le Pen’s favor, which is why Europe will wait until after the election (when Macron will supposedly be the next president of France, as Belgium hopes) to announce it publicly.

More below (and in the full JPM report available to pro subs).

* * *

Despite the clear intentions of western government to cripple Russian energy production, loadings of Russian oil have so far been surprisingly resilient, so much so that Russia’s current account balance is at all time highs.

According to JPMorgan, shipments in the seven days to April 16 hit 7.3 mbd, only 330 kbd below the 7.58 mbd averaged in
February before the start of the war.
Remarkably, JPM calculates that Russian crude exports are averaging 360 kbd above pre-invasion volumes, while exports of oil products like fuel oil, naphtha, and VGO have declined by 700 kbd (full report available to pro subscribers in the usual place).

As previously observed, the decline in product exports combined with a 200 kbd drop in Russian domestic oil demand has resulted in Russian refineries cutting runs. The volume of refining cuts in April has risen to 1.3 mbd, almost 0.6 mbd above usual April maintenance. By late March, a sharp reduction in domestic refining throughput triggered production shut-ins.

With that in mind, JPM now estimates that Russian production shut-ins will amount to 1.5 mbd in April, vs its initial forecast of 2 mbd (the forecast of a 1 mbd loss of Russian exports for the rest of the year remains unchanged for now).

Underlying JPM’s projection is the assumption that European buyers will cut their purchases of Russian oil by about 2.0-2.5 mbd by the end of the year and that Russia will be able to re-route only about 1 mbd out of that.

The three ways JPM gets to its 2.0-2.5 mbd estimate are:

  1. Russian crude spot contracts account for about 1.8 mbd of total exports, while about 0.3 mbd of products are sold on spot terms, giving us a likely disruption of 2.1 mbd,
  2. As of today, nine European countries plus the US, Canada and the UK have committed to cut their imports of Russian oil by ~2.1 mbd,
  3. 26 major European refiners and trading companies have suspended spot purchases or intend to phase out 2.1 mbd of Russian imports.

Of course, it will come as no surprise to anyone that aggressive purchases of Russian oil by China and India – who have both ramped up purchases of Russian oil in the past two months, and Turkey has also increased volumes to pre-COVID levels – have offset some of the loss. Given time, JPM estimates that together these three countries can likely import an additional 1 mbd beyond what they are importing today.

Which brings us to the big question: if Europe follows through on its warning to expand sanctions to all Russian oil, what happens to the price? Well, according to JPMorgan, nothing good.

As JPM’s commodity strategist Natasha Kaneva writes, she has reviewed various scenarios should Europe expand its sanctions to include Russian oil, and warns that “any immediate embargo measure taken by the European Commission will have a severe impact on the global oil market with risks to price entirely to the upside in the short-term.”

The bank has examined three potential tools the EU could use to sanction Russian oil, from the most aggressive, a full embargo on imports from Russia, to the more conservative, taxes or price caps on Russia oil imports. In any scenario, to avoid the extreme price spikes, the market needs time to adjust.

A look at the various scenarios, starting with the most draconian:

  • A full and immediate embargo is likely to hurt European consumers more than Russian producers in the near term. More importantly, a full, immediate ban would likely drive Brent crude oil prices to $185/bbl as more than 4 mbd of Russian oil supplies would be displaced with neither room nor time to re-route them to China, India, or other potential substitute buyers.

Some more details on the “full embargo” scenario:

Though India has already increased its imports of Russian oil to three times 2021 levels, its ability to continue to act as a sink for displaced Russian oil supply remains in question as the US warns India not to increase imports further.

  • However, if Europe implements an embargo more slowly, e.g. over a period of months, similar to the European ban on Russian coal imports where a wind-down period of four months is in place, prices are unlikely to rise much higher than current levels.
  • In a slower phase out, Russia would have more time to adjust its oil flows toward friendlier buyers and global ex-OPEC+ supply growth would have time to grow sufficiently to fill at least some of the Russia-sized hole in global oil supply.

The EU is also entertaining less drastic alternatives to a full embargo which would allow Europe to continue to receive Russian oil supply while still applying financial pressure on Moscow. These alternatives include introducing i) special taxes and ii) price caps on European imports of Russian oil.

  • Because the operational breakevens for Russian oil are less than $10/bbl and Russia’s Energy Minister has said the country will sell to “friendly countries” at “any price range,” Russian producers could likely still afford to continue to deliver oil to European consumers, even under tariffs of 90% or a price cap of $20/bbl. Either of these options may provide a politically-acceptable middle ground, allowing the EU to make a show of force while maintaining its Russian energy lifeline
  • Additionally, under a price cap, the EU is considering establishing an escrow account into which oil buyers would deposit the difference between the market price of oil and the level of the price cap. These funds would either be entirely dedicated to rebuilding Ukraine after hostilities cease or be provided to Russian producers at a later date net of costs to rebuild Ukraine. Sending additional funds to Russian operators, even at a later date, likely carries with it political risk, but the promise of more revenue in the future would go further to guarantee continued supply from Russia.

In any of these scenarios, it is obvious that Russia will turn to friendlier buyers for its exports of crude oil and oil products. China and India have both already ramped up purchases of Russian oil in the past two months and Turkey has also continued to ramp up purchases of Russian oil toward pre-COVID levels in spite of the conflict in Ukraine.

Together, these three countries can likely import an additional 1 mbd beyond what they are importing today, with China replacing other East Asia buyers of oil from Eastern Russia like Japan and Korea and Turkey and India picking up cargoes of Russian oil from the Black Sea and Baltic ports opportunistically.

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121 Comments
m
m
April 19, 2022 4:14 pm

Yahoo!
And may the odds be ever in your favor!

motley
motley
April 19, 2022 4:24 pm

Aaaannnnnnnddddd just like that. We’re all AMISH.

ran t 7
ran t 7
  motley
April 19, 2022 5:45 pm

‘cept without the farm fields, or the horses, or the outhouses.

Colorado Artist
Colorado Artist
  ran t 7
April 19, 2022 7:33 pm

And those whacky beards.

hardscrabble farmer
hardscrabble farmer
April 19, 2022 4:41 pm

It’s all coming together perfectly, isn’t it?

ran t 7
ran t 7
  hardscrabble farmer
April 19, 2022 5:47 pm

pretty much, and across all political national cultural and legal boundaries. gee, it’s like there’s some tribe in the background that’s infiltrated every relevant nation and institution and industry on earth to coordinate it all ….

SmallerGovNow
SmallerGovNow
  ran t 7
April 20, 2022 8:40 am

^^^^ +1,000 … Chip

Anonymous
Anonymous
  ran t 7
April 20, 2022 8:15 pm

Europeans will be impoverished and may face famines, but their is no reason it should happen to the U.S. unless it has been planned.
Give America sound money, a rule of equally applied laws and minimal government ans see what happens…
There is historical precedent to learn from and do it even better this time.

It's the Jews Stupid
It's the Jews Stupid
  ran t 7
April 21, 2022 10:07 am

Welcome to JewWorld.

BL
BL
  hardscrabble farmer
April 19, 2022 5:48 pm

Just like we knew it would.

Ken31
Ken31
  hardscrabble farmer
April 20, 2022 12:31 am

So perfectly, it is almost like it is planned.

Steve
Steve
  hardscrabble farmer
April 20, 2022 3:25 am

Almost like they’re collapsing everything on purpose, right?

Doohickey
Doohickey
April 19, 2022 4:46 pm

If the common European goes along with this government scam then the average European must have shit for brains. They’ll be paying the equivalent of $20 for a gallon of petrol and $25 for a pound of ground beef. There’s only one logical reason for the EU promoting such insanity. They want WW3. After they cause the economy to collapse – the blame will get transferred over to Putin – and Russia becomes the target. The US and EU think tanks haven’t yet figured out what to do with Putin’s 6000 nukes yet. I guess they’ll cross that bridge when they come to it.

ran t 7
ran t 7
  Doohickey
April 19, 2022 5:50 pm

oh they know exactly what to do with the russian nukes. think of them as skynet, provoking russia to nuke its enemies over here.

Iska Waran
Iska Waran
  Doohickey
April 19, 2022 7:16 pm

At this point I’d almost prefer that Russia nuke the US. It’s called taking one for the team – when your team is the one without the blue-haired tranny psycho child groomers.

ran t 7
ran t 7
  Iska Waran
April 19, 2022 7:32 pm

“right now the only thing worse than for it all to collapse would be for it all to not collapse.” somebody on zh.

Anonymous
Anonymous
  Iska Waran
April 20, 2022 8:18 pm

Can we presume you live in a place that’s highly unlikely to be even near anywhere it might be worth nuking? And you have a well supplied luxury bunker?

It's the Jews Stupid
It's the Jews Stupid
  Iska Waran
April 21, 2022 10:08 am

Just DC please. It would be a tremendous favor.

SmallerGovNow
SmallerGovNow
  Doohickey
April 19, 2022 7:27 pm

The EU needs cover for its coming financial collapse… Chip

Steve
Steve
  Doohickey
April 20, 2022 3:26 am

I find it rather touching that the globalists think they will survive what they are creating here. No bunker is deep enough, no hiding place far enough away to save them.

Anonymous
Anonymous
  Steve
April 20, 2022 8:31 am

How tight is the bubble they have created to think this?

messianicdruid
messianicdruid
  Doohickey
April 20, 2022 9:58 am

” I guess they’ll cross that bridge when they come to it.”

They will issue catcher’s mitts to replace masks.

SmallerGovNow
SmallerGovNow
  Administrator
April 19, 2022 7:29 pm

Intensity and chaos expand until decades of events happen in weeks and months… Chip

Karen
Karen
  Administrator
April 19, 2022 10:01 pm

“conclusive climax”

Is it just me, or does it seem that everything is ready to implode/explode at the same time?

Not coincidental, I think, we’re at the spring season of God’s appointed times, and once again are seeing another potential war heating up between the Israelis and Palestinians. I’ve posted several times before how I believe a war between the two could perfectly fit the prophecy of the woman of Rev. chapter 12. The current narrative being built is that a possible war is coming, much worse than occurred about this time last year for 11 days, that the tension is ready to explode, the authorities are trying to get a handle on it sending out many military battalions, extra border police and the like, even calling upon citizens to carry a weapon. With everything else happening at once, I believe we should be nearing that time, especially as we get closer to the Second Passover which is on, or about, May 15th. It could also extend to Pentecost (I think it falls about June 2nd this year), but I lean towards the Second Passover simply because, well, it’s the Second Passover!

Here’s the interpretation:

And the serpent [Satan] cast out of his mouth water [Satan’s people] as a flood [hoard or large mass of people] after the woman [Palestinian Christians], that he might cause her to be carried away of the flood [chased by the hoard of Satan’s people]. And the earth helped the woman, and the earth opened up her mouth [the earth splits open from an earthquake] and swallowed up the flood which the dragon [Satan] cast out of his mouth.” Rev. 12:15-16

So, if the war escalates, pay close attention. If this scenario happens, it would mark the beginning of the 3 and a half year Great Tribulation, and the 4th Seal which seems like hell on earth.

The Scriptures say that we should watch and pray that we will be counted worthy to escape all those things coming to pass.

Karen
Karen
  Karen
April 19, 2022 10:32 pm

Israelis March to West Banks’ Homesh, Amid Tensions with Palestinians
<ahref="https://www.jpost.com/arab-israeli-conflict/article-704602&quot;

Right-wing Activists Plan Jerusalem Flag March Amid Temple Mount Tensions

Karen
Karen
  Karen
April 21, 2022 6:06 pm

I should’ve explained why I posted the above links. I think they show how the settlers and citizens are banding together and could fulfilled the “flood” prophecy.

bucknp
bucknp
  Karen
April 21, 2022 6:29 pm

Biblical reading in it’s entirety is a process of learning the Gospel of Jesus Christ. Praise the Lord.

Ken31
Ken31
  Karen
April 20, 2022 12:33 am

It is an absolute blasphemy that those bastards are allowed to call themselves “Israel”.

messianicdruid
messianicdruid
  Ken31
April 20, 2022 10:04 am

“Personally, I stop dealing with people when I discover they are Name Stealers.”

https://clifhigh.substack.com/p/the-new-jew-question?s=r

Anonymous
Anonymous
  messianicdruid
April 20, 2022 8:31 pm

I bet that not only do they not miss you, they are probably happy to no longer having to deal with you.

motley
motley
  Anonymous
April 21, 2022 9:07 am

Really? They worship every single shekel they can lay their hands on. So …. no.

Anonymous
Anonymous
  motley
April 21, 2022 7:33 pm

Do you have special stereotypes for every group you see as different from your ideal humans? Stereotypes based on ancient slanders and unproven assumptions?

You have all the hallmarks of white trash, and we all know what white trash are like; ignorant. No doubt you are ignorant of the history that led to Jews being the bankers of Europe, the money lenders, the financiers of all sorts of beneficial trade.

Red River D
Red River D
  Ken31
April 20, 2022 4:47 pm

It is actually justice.

Jacob stole Esau’s name when he perpetrated his deception against his blind father.

Now Esau has stolen Jacob’s name, and the deception is perpetrated against Jacob, himself now blind to the game.

Anonymous
Anonymous
  Ken31
April 20, 2022 8:30 pm

I really think it best that questions of blasphemy should be left entirely to God. Men have proved to be far too partial and biased about what constitutes blasphemy.

bucknp
bucknp
  Ken31
April 21, 2022 6:36 pm

We all fall short because we are flesh. It’s unfortunate the geopolitical ramifications of what you speak.

Anonymous
Anonymous
  Karen
April 20, 2022 8:27 pm

It’s actually mostly just one Scripture, the one that does even more prophesying that Daniel.

Had I been at the Council of Nicea, I would have argued to bury Revelations and include the Gnostic Gospels in the Bible. Perhaps some of the Bishops did argue just that.
I bet scribes took notes and wrote up the proceeds of the meetings and archived them somewhere after the Council was over. Too bad that almost 2000 years later, they are stil classified at the highest level.

Fleabaggs
Fleabaggs
  Anonymous
April 20, 2022 8:40 pm

Anon.. I’ve long been calling myself a double Anti Nicene Christian. I’m a pre Nicene Council Christian who is Anti Nicene Council.

motley
motley
  Anonymous
April 21, 2022 9:07 am

They knew what they were doing.

Anonymous
Anonymous
  motley
April 21, 2022 7:36 pm

Indeed. They were Doing Constantine’s bidding, creating a State Religion for the Roman Empire, and just incidentally, making the Emperor and the Empire ‘Holy’.

bucknp
bucknp
  Karen
April 21, 2022 6:19 pm

Read Romans , read the Book of John. Then maybe Revelations.

Steve
Steve
  bucknp
April 22, 2022 5:00 am

What about reading Jesus?

The Boogie Man
The Boogie Man
  Administrator
April 20, 2022 12:27 am

What’s your gut tell you about where were at in this cycle? Another profound essay would be a blessing right about now.

lamont cranston
lamont cranston
April 19, 2022 5:12 pm

Vicki Nuland was right, sorta. Instead of F*** the EU, the EU is f***ing itself.

Iska Waran
Iska Waran
  lamont cranston
April 19, 2022 7:19 pm

By “EU” she meant the goyim generally.

Fleabaggs
Fleabaggs
April 19, 2022 5:19 pm

Whoever heard of partial sanctions against someone we are at war with but not at war with.
EU to impose FULL embargo.

https://www.zerohedge.com/markets/full-embargo-russian-oil-would-send-brent-185bbl-jpmorgan

EU to to block Russian coal. We mean it this time.
https://www.zerohedge.com/news/2022-04-18/eu-block-russian-coal

Oil From Biden’s Emergency SPR Release Is Heading For Europe
Tyler Durden’s Photo
BY TYLER DURDEN
MONDAY, APR 18, 2022 – 08:45 PM
Joe Biden’s decision to release 180 million barrels of oil from the US Strategic Petroleum Reserve – one million barrels per day for 180 days, ending just before the midterm elections which the Democrats will lose in an avalanche – was meant to help lower US gasoline prices “because Putin price hike.” Instead, it is heading for Europe.
https://www.zerohedge.com/commodities/oil-bidens-emergency-spr-release-heading-europe

Couple this with controlled Railroads stopping deliveries of fertilizer to the grain belt right at planting. Then add the brown hordes coming over the border by the gazillions and cargo shipping slowdowns from Asia ad nauseum.

Still think Russia and China aren’t in on the conspiracy?

If it sounds too fantastic to have been coordinated by an assortment of alleged clowns running our governments, just harken back to the beginning of the Covid hoax. They said the same thing. Still not sold? travel back to Nam and our theft of the heroin market from the Frogs and suddenly we have a heroin scourge breaking out nationwide.
Still not convinced. Try an unauthorized version of WWII or WWI.

Build your faith and family while you still can. You’ll be needing both to get through to the other side.

Anonymous
Anonymous
  Fleabaggs
April 20, 2022 8:38 pm

Historically, trade wars have led to shooting wars, because embargoes and blockades are acts of war.

Of course if your embargo destroys your own Union, probably nobody will see it as an act of war. Except the citizens behind the wall, who will suffer.

Anonymous
Anonymous
  Fleabaggs
April 21, 2022 10:30 am

There are no sanctions.
A sanction is when you deprive someone else of something they need.
When you deprive yourself of something you need, it’s called a boycott.
Usually, people have reasons to boycott that override their need of the thing boycotted.
What is it that the U.S./EU/NATO need more than (ultimately fungible) energy?

Anonymous
Anonymous
  Anonymous
April 21, 2022 7:40 pm

I don’t know, but I can see that the U.S./EU/NATO are moving lots of weapons and war material into Ukraine, presumably so the Russians can have them whenever they really want them. The MIC has wish lists of new weapons and weapon systems that they want to see go into large scale production. Maybe there is a connection?

Trapped in Portlandia
Trapped in Portlandia
April 19, 2022 5:41 pm

Apparently most Europeans never saw the movie Blazing Saddles. If they did they would realize the black sheriff pointing a gun at his own head and threatening to shoot was a joke. Sheriff Bart never pulled the trigger, unlike the Europeans.

Stucky
Stucky
April 19, 2022 5:51 pm

Looks like I’m gonna own nothing and be real damned happy about it a lot sooner than I thought.

Melty
Melty
  Stucky
April 19, 2022 6:00 pm

Is this what they mean by voting it in and having to shoot your way out? Madness and psychopathy rule the day.

The Boogie Man
The Boogie Man
  Stucky
April 20, 2022 12:32 am

Just make sure they get your fire arms bullets first, if you have any to part with.

Ken31
Ken31
  Stucky
April 20, 2022 12:41 am

You know, I think we will get by.

Anonymous
Anonymous
  Stucky
April 20, 2022 8:43 pm

“No man shall know the day or the hour”.
Jesus

You have to decide for yourself who to believe- Jesus, Daniel, or that hallucinating hermit who lived too long alone on an island.

Melty
Melty
April 19, 2022 5:54 pm

There must really be some dirt on a grand scale in that shithole called Ukraine that has to be suppressed. This has become surreal. I’m with HSF. This has to be part of a scheme to destroy it all so they can BBB.

Iska Waran
Iska Waran
  Melty
April 19, 2022 7:22 pm

This – from the very probably murdered by Ukronazis Gonzalo Lira – explains Nuland’s psychopathy:

SmallerGovNow
SmallerGovNow
  Iska Waran
April 19, 2022 7:31 pm

She’s a fucking EVIL skank. I don’t know what tribe she’s from, but it’s EVIL… Chip

Anonymous
Anonymous
  SmallerGovNow
April 19, 2022 10:03 pm

https://en.wikipedia.org/wiki/Victoria_Nuland

Victoria Nuland was born in 1961 to Sherwin B. Nuland, a surgeon born to Ukrainian Jewish immigrants

The plot thickens

Anonymous
Anonymous
  Anonymous
April 20, 2022 6:53 pm

Maybe I should have said the matzo ball soup thickens.

Steve
Steve
  SmallerGovNow
April 20, 2022 3:28 am

She makes HRC seem like Mother Teresa

Harrington Richardson
Harrington Richardson
  Steve
April 20, 2022 11:20 am

She’s a beloved neocon superstar. Dickface Cheney calls her “Tory.”

Red River D
Red River D
  Harrington Richardson
April 20, 2022 4:49 pm

Dick always had a thing for fat ugly girls.

Even back in his SecDef days.

Anonymous
Anonymous
  Melty
April 20, 2022 4:03 pm

Could be that the dirt is that Covid was cooked up in Ukraine by us (U.S.) and released not by WIV but at the military games there.

Fleabaggs
Fleabaggs
  Anonymous
April 20, 2022 5:12 pm

That’s what Unz has been saying for two years now. He has an entire file of articles on his site unz.com

m
m
  Fleabaggs
April 21, 2022 6:54 am

Uhh – Unz has also been saying for two years now that the shit shot is a real “vaccine” and does good things for the people who take it.
And anybody who believes otherwise is a conspiracy theorist, and shouldn’t comment on his [Ron Unz’] articles.

Fleabaggs
Fleabaggs
  m
April 21, 2022 8:23 pm

As usual ~m~ you are full of beans. Trashing the character of a guy Like UNZ with no supporting evidence is cheap.
Here is his most recent statement from Jan. 17, 2022.

Read what he really said about having been mostly undecided but has allowed dozens of very outspoken critics of the vaccines and covid itself to post their articles on the front of his widely read website day after day for two years.

I have never liked your sorry ass but the more I see of you the more it turns to contempt.

https://www.unz.com/runz/covid-deaths-and-vaxxing-deaths/?highlight=safe+vaccine

m
m
  Fleabaggs
April 22, 2022 3:45 am

I have trashed Unz’s opinion on a very specific fact, which is especially asonishing when one looks on how many other third rails Ron had been able to look past the mile-thick bullshit – but where exactly did I trash his website? You know reading comprehension would really help, FB.

And you were reading Ron’s articles for longer than 3 months back, and never have seen anything disturbing, i.e. that set’s off your bullshit meter big time??

– – –
I’m lazy now and drop you a good quote from someone I trust more on the specific matter than Ron:

“On 8/15/21, however, Ron Unz had written: https://www.unz.com/announcement/covid-to-vaxx-or-not-to-vaxx/

‘Beginning late last year, several of our regular columnists became vocal anti-vaxxers with regard to the new Covid vaccines, and as a result our website was swarmed by their zealous adherents, who soon began pushing their determined message on entirely unrelated threads. This greatly irritated me, and I made increasing efforts to drive them away. This is not an anti-vaxx webzine, and I was concerned that it might become perceived as such.

[Ron:] I didn’t know or care anything about the vaxx issue one way or the other, and was disturbed that so many seemingly rational people had suddenly become obsessed by that topic.’

It’s irrational, then, to be “obsessed” with the Covid vaccines, according to Unz.

Having written two articles about the Covid “vaccines,” I’d say that, like most of us, I didn’t want to deal with vaxx at all, except that vaxx has become an unavoidable obstacle and even threat in my life. We have no choice but to be “obsessed” with vaxx.” – Linh Dinh

Anonymous
Anonymous
  Melty
April 20, 2022 8:47 pm

Every record, and everyone who knew or knows in Ukraine must be eradicated in order to protect the corrupt politicians who have been enriching themselves there. The people must not learn the truth lest the powerful be pulled down.

BL
BL
April 19, 2022 5:59 pm

I will be heading out to the salvage stores in the morning, the Amish run these stores and there are some pennies on the dollar deals if you are lucky. I want to be sure to get drug and first aid supplies looking better and you need to get quality canned meat while you can. Like I said in another thread, buy what you need NOW.

SmallerGovNow
SmallerGovNow
  BL
April 19, 2022 7:33 pm

Red Feather Canned Butter. Expensive but ten year shelf life. And I can attest I had a seven year old can I opened yesterday and it was delicious… Chip

BL
BL
  SmallerGovNow
April 19, 2022 7:56 pm

SGN- I keep my Red Feather butter in the fridge, my stash is 12 y/o, I don’t think there is a set shelf life.

Anonymous
Anonymous
April 19, 2022 6:07 pm

Always remember, the government never ad.its a mistake.

If they’re dumb enough to go through with it, they won’t retract it.

It’s hard to believe the Fench farmers will send any food to Paris as well.

Anonymous
Anonymous
  Anonymous
April 21, 2022 7:42 pm

Farmers sell food so they can continue being farmers. It’s the food distributors who take food into Paris.

The Duke of New York
The Duke of New York
April 19, 2022 6:14 pm

Don’t worry EU, Biden will just keep emptying the SPR and send it over at a really fair rate (+10%)

Anonymous
Anonymous
  The Duke of New York
April 21, 2022 7:45 pm

Why not? We have an all electric Green Military now, right? And they are forbidden by conscience from using carbon fuels… I guess Biden’s masters don’t see any need for a strategic reserve of anything. Or is it that their strategy is to prepare to surrender?

Toujours Pret
Toujours Pret
April 19, 2022 6:30 pm

macron will probably be appointed like last time. Whatever happened to the yellow vests?

Steve
Steve
  Toujours Pret
April 20, 2022 3:29 am

The Yellow Vests only riot when money is involved. They aren’t so bothered about freedom.

Iska Waran
Iska Waran
April 19, 2022 7:14 pm

Oil sales being fungible (although not without a lag), won’t Russia just sell their oil to China and India, and the oil that China and India would have bought from the Middle East will be sold to Europe (and the US and elsewhere). Seems to me like trying to lower the lake level on one side of a dock by scooping up buckets of water and dumping it on the other side of the dock.

Steve
Steve
  Iska Waran
April 20, 2022 3:30 am

Yep. America’s greatest threat is China and here they are pushing Russia into China’s arms. Either the globalists are dumb and haven’t thought this through, or they have some cunning plan they think will succeed.

Harrington Richardson
Harrington Richardson
  Steve
April 20, 2022 11:34 am

The NWO is really the Atlanticist world order. The Anglosphere/NATO are intended to rule. This is the first step in taking down both Russia and China, stealing Russia’s natural resources for the enrichment of the Davos types and doing what I have no idea with the Chinese. They are willing to put us through any kind of Hell and fight to the last of our children to achieve this. They are the real enemy. Our country is being invaded with unprecedented numbers and everything is Ukraine, Ukraine! These fuqueres better hope none of us wind up in charge of dealing with them when it’s over.

Anonymous
Anonymous
  Harrington Richardson
April 21, 2022 7:48 pm

I don’t see what makes you think our planned future rulers will be Europeans. That sounds incredibly unlikely.

PSBindy
PSBindy
April 19, 2022 7:23 pm

If this was the movie A CHRISTMAS STORY. it would end with little Ralphie (I think that was his name) Getting his Red Ryder BB gun, cocking the lever, looking down the barrel to insure a BB is in place and pulling the trigger.

“OUCH!” little Ralphie exclaims, “I’ve got something in my eye.” I’ll need to look with my other eye.”

DRUD
DRUD
April 19, 2022 8:00 pm

Another bit of brilliant strategy from the Western “leaders.” Not just enough rope to hang themselves but tying the knot stepping on the Trap putting the knot around the neck and pulling the Trap just so the Russians don’t really have to do anything at all.

I know a lot of people around here believe the TPB are evil super geniuses, but this sure points to a incompetent, corrupt, morans model.

Red River D
Red River D
  DRUD
April 20, 2022 4:54 pm

TBP doesn’t think TPB are evil geniuses.

We’re just in awe at how far they can stretch stupidity and gross incompetence!!! And the dumber they are, the faster their agenda comes to fruition.

Make sense of that if you can.

Folly12345
Folly12345
April 19, 2022 8:56 pm

Since I first saw this earlier today my biggest question is how much oil do they actually believe they will get under a price cap scheme where the difference will be saved to an account to rebuild Ukraine? I would think the tap would be immediately turned off. The hubris of even suggesting such a plan is truly mind boggling. I mean my expectations were low but holy shit.

overthecliff
overthecliff
April 19, 2022 9:19 pm

What will happen when the niggers get hungry?

Glock-N-Load
Glock-N-Load
  overthecliff
April 19, 2022 10:32 pm

Holes in heads hopefully.

Aunt Acid
Aunt Acid
  overthecliff
April 19, 2022 10:35 pm

Moar vibrancy.

Aunt Acid
Aunt Acid
  overthecliff
April 19, 2022 10:42 pm

Moar vibrancy of course.

Cedartown Mark
Cedartown Mark
  overthecliff
April 20, 2022 10:16 am

Where’s my EBT?

Anonymous
Anonymous
  overthecliff
April 20, 2022 12:59 pm

Just reference the recently posted Twatter vid of the she boon taking meats & such from a white woman’s shopping cart, throwing it in her trunk, with absolutely zero hesitation.

If the food crisis ends up as bad as they’re predicting, you’ll need an armed guard w you at the grocery store parking lot.

Anonymous
Anonymous
  Anonymous
April 20, 2022 8:53 pm

You’re thinking that there will be food in the stores? For how long?

YourAverageJoe
YourAverageJoe
  Anonymous
April 21, 2022 6:20 am

That was staged.
None of the food being stolen was in shopping bags.
Who doesn’t use shopping bags?

Anonymous
Anonymous
  overthecliff
April 20, 2022 8:51 pm

They’ll eat you.

MrLiberty
MrLiberty
April 19, 2022 10:24 pm

Its like they are begging the citizens of every nation on earth to rise up in violent revolution.

Anonymous
Anonymous
  MrLiberty
April 19, 2022 11:41 pm

Isn’t that what needs to happen so the Anti-Christ can appear and save the day?

messianicdruid
messianicdruid
  Anonymous
April 20, 2022 10:30 am

“Little children, it is the last time: and as ye have heard that antichrist shall come, even now are there many antichrists; whereby we know that it is the last time.”

Anonymous
Anonymous
  messianicdruid
April 20, 2022 8:57 pm

Don’t these Anti-Christs worry about Satan? The Earth is after all still Satan’s Dominion, granted him by God if I have it right… Why a need for an Anti-Christ when Satan is already here? Will they work together?

Anonymous
Anonymous
  MrLiberty
April 21, 2022 10:39 am

They’ve been doing so for years/decades. It’s like small raids to test one’s enemy’s defenses. The raids get bigger and more aggressive, and at some point you’re satisfied you can safely and easily take the city.
This could be where they take the city.

Anonymous
Anonymous
April 19, 2022 11:02 pm

What could possibly go wrong by punishing every western nations citizenry especially American families economically to allegedly combat a war instigated by CIA , WEF , NWO and of course the US State Department and Executive Administration to provide the Biden family with millions !
Remember the former head of the CIA under Bush was on the Board Of Burisma holding Hunter Biden’s hand and keeping his nose in the bag no doubt !

Ken31
Ken31
April 20, 2022 12:42 am

If they wanted to economically destroy “the West”, I can’t imagine they would do anything different. It is all before our eyes.

Lumpy Choad
Lumpy Choad
April 20, 2022 2:37 am

Quit worrying… Inevitably natures EMP will occur again Humanity badly needs to be reminded of its absolute cosmic insignificance In 1859 it fried telegraph stations What would Carrington 2.0 do to our little electrodigitalnet world..? Well hell why not wouldnt it be perfect

Anonymous
Anonymous
  Lumpy Choad
April 20, 2022 10:16 am

Lumpy : Add the grand Solar minimum cycle that we have entered that has reduced crop yields for centuries as these leftist assholes run about in private jets crying your lawnmower is screwing up the planet !
We in for a real awakening / Reckoning .
Grand Solar Minimum does a lot of interference from magnetic fields to planetary pole shifts and a shit load of cataclysmic weather changes from storms and floods to blizzards and droughts !
They are NASA and they know it !
LMAO

Anonymous
Anonymous
  Anonymous
April 20, 2022 9:07 pm

Crop yields have been increasing for centuries, but the lack of fertilizer and diesel fuel, not to mention computer chips and other farm machinery parts, is going to drastically lower more than just yields.

Anonymous
Anonymous
  Lumpy Choad
April 21, 2022 10:44 am
Steve
Steve
April 20, 2022 3:24 am

Hey, I’m in Europe. Did I miss the vote on this?

RiNS
RiNS
April 20, 2022 12:26 pm

Here is a great resource for content on war in Ukraine. It is unfiltered by Western media.

https://t.me/s/intelslava

Ghost
Ghost
  RiNS
April 20, 2022 12:33 pm

Seen any news regarding Gonzola Lira? Rumor that he’s been captured is being floated.

RiNS
RiNS
  Ghost
April 20, 2022 2:15 pm

I haven’t heard anything though my gut sez it is doubtful he is still on this side of the sod. It always seemed foolish to me that he was online tempting fate. It is not wise to be posting contrarian videos that cast aspersions on the Ukie cause from behind enemy lines.

I always had mixed feelings watching those videos. It always seemed like I was sitting in back seat of a car, sneaking a peek from window on a drive by at an accident scene. Having watched several of Lira’s livestreams, I found it hard to wrestle with the my suspicions that he was sealing his fate by acting out in this way.. In fact in several of his video’s his internet would get disconnected, maybe three letter agencies were trolling about trying to track him down. Worse for him, like the person behind LibsofTIkTok he was gaining followers and enemies in all the wrong places of the narrative we are forced to live. In several of the broadcasts, there’d be a break and people in livestream would begin to wonder.. The entire show was, in my eye’s, a train wreck from start to end.

comment image

The interruptions should have been the hint. In one video he even bragged about how smart he was in school. He might have been gifted he was but not wise in real life…. Props to him, I suppose, for being so fearless in the face of danger. Still, I am not sure what he proved by carrying on like this.. his fate is secured in the hands of the SBU. He really would have been better off at the end of the day laying low until the Russian’s rolled into central Kharkov. I mean, common sense should have informed him that they’d be there soon enough.

A good lesson though in my eyes watching this TV. The lesson being that when in the hinge of a fourth turning it is best to lay low and avoid moving around when there are boots are on the ground. It is much better for now at least to let the controllers think that they get to decide what I can see.

Ghost
Ghost
  RiNS
April 20, 2022 2:41 pm

I suspect you may be correct and, like you, I had mixed feelings about his livestreams. The one that really surprised me and, I think, got him attention he probably didn’t need was the impromptu interview with Scott Ritter. I think that may have been the last thing I saw and I posted it at ClubOrlov. It was taken down almost immediately, so I’m assuming Dmitry Orlov himself removed it. If I’m wrong, he will see this and correct me perhaps.

Ghost
Ghost
  RiNS
April 20, 2022 3:01 pm

This news is a shock… that he is dead.

https://www.youtube.com/watch?v=oonmPZM9XJ0

Red River D
Red River D
  Ghost
April 20, 2022 5:04 pm

You’re the one who turned me onto this fella’s (Lira’s) videos, Ghost. I watched a few of them, and then I heard him say he was living in Kharkov.

Immediately I thought, WELL… there’s only ONE WAY this will end.

There’s a not-so-fine line between bravery and daring psychopaths to kill you. Gonzo was clearly and firmly on the wrong side of that line.

The psychos will always oblige. Gonzo wasn’t as smart as he thought he was, but he was smart enough to know what he was signing himself up for.

That is, if there’s truth to any of this. Something does smell a little “off” about the whole thing. But these days, virtually everything seems to emit a similar odor!!!

Ghost
Ghost
  Red River D
April 21, 2022 2:49 pm

In spite of my laughing above when you were asked if you were bipolar, I will admit I’d looked into GL’s background a bit and sort of called him the “accidental” war correspondent, but all in all he did a really good job with the reports I saw. Is why I included so many of his videos, including the recent one with Scott Ritter.

Since he was in close contact with Ritter and a couple others, I give great credence to Ritter’s bad news.

And, yes. He did seem to be “aware” of the grave danger he posed to himself by creating and distributing the videos, but he also believed (as we all really want to) he had a right to post his livestreams and that he was being careful.

There is always a courier.

Anonymous
Anonymous
  Ghost
April 20, 2022 5:44 pm

I was thinking if he wasn’t dead he probably was wishing he was.

m
m
  Ghost
April 21, 2022 7:00 am

Zero evidence so far, just hearsay.

I give it 80% he’s dead, and 20% he’s got a super close call and therefore went dark.

m
m
  m
April 21, 2022 8:18 am

From https://t.me/ScottRitter/28

A point of clarification—I have no direct evidence that Gonzalo has been killed. I was clear I was referring to “reports emerging” about his demise. But Gonzo said any disappearance of more than 12 hours should be treated as if something bad had happened to him. It’s been five days. If this had been a New York Times reporter disappearing in Russian controlled territory, it would be headline news—especially if a Chechen “hunter killer” team had taken credit for his death. But with Gonzo—silence. Which was the whole purpose of the post: to raise awareness about his disappearance.

It's the Jews Stupid
It's the Jews Stupid
April 21, 2022 10:06 am

Just wait until the coming famine sends hoards of the unclean from Africa and the Middle East into Europe. Goodbye white civilization.

Anonymous
Anonymous
  It's the Jews Stupid
April 21, 2022 7:53 pm

“The Unclean”?

Anonymous
Anonymous
  Anonymous
April 22, 2022 11:25 am

Yes, literally and figuratively. What did you think was being sent….cream if the crop?

falconflight
falconflight
April 21, 2022 7:33 pm

Another crisis gambit for The Green (Communist) agenda. Hurry up and play Soundgarden’s “Blow up the Outside World.”