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that's a huge boon for US dominance actually. Exporting oil for $$$, china having no way to get massive quantities of cheap oil, etc.
by calvinmorrison 7mo ago
that's a huge boon for US dominance actually. Exporting oil for $$$, china having no way to get massive quantities of cheap oil, etc.
- idiotsecant 7mo agoYes, foreign nation building with murky win conditions and a steadily increasing cost ledger are famously pretty good for US dominance
- sebmellen 7mo agoRussia and the US, from a “market share” standpoint, will be massive benefactors… but the knock-on effects of having a crippled global energy economy will be significant. As much as it may seem like a narrow political win for the US to prevent Chinese access to energy infrastructure, China will continue to electrify. At the same time, the US is still massively dependent on shipping and industrial outputs from China. It's all entangled. As are the interests of most energy companies.
- bdangubic 7mo agoChina will be just fine mate :) They are smartly just watching US destroy itself from within and outside and chillin'
- calvinmorrison 7mo agoThey have a heavy dependence on imported crude from the middle east, and their alternative sources like pipelines from russia do not have enough to cover them, their domestic resources are max tapped and thier strategic supply cannot last for an extended period.
- Gud 7mo agoWhich will resume trading in Yuan. Anyone who bends the knee, will get to buy oil. But not the US, and not in dollars. Serious 20D chess, it’s so genius it’s incomprehensible.
- calvinmorrison 7mo agodoesnt matter what its trading in, you need to be able to physically move the goods.
- bdangubic 7mo agoyea, this is why they are sitting idle and doing nothing right now, makes sense /s
- rapsey 7mo agoConocoPhillips and Exxon just announced a 20 billion hit due to attacks. No one will leave this thing unscathed.