yes if we remember two years ago when oil went negative it's because we don't have on and off switches for this shit. takes a long time to get up and running and once it's on, it's on. it's why the energy shock that is going on right now is a shock but, as always, the market will overcorrect (since many are trying to get a piece of the pie when it's expensive) to the point of oil glut and we'll be on cheap oil and gas once again. russia being unable to move its product will be detrimental to its economy and to the very infrastructure that is supposed to move the product
US is going to push for more sanctions. we're just starting
meanwhile I'm seeing some reports of russian planes flying into Ukraine then into Belarus and bombing Belarus. Putin really is a one-trick pony
the craziest thing is
https://www.youtube.com/watch?v=VE6DtG72O-8&t=4378s that's a russian propogandist interviewing someone who is wondering if the plan is "like in the bible where they walk around doing nothing but trumpeting until Zelenskyy surrenders" and stating this is "like [soviet invasion of] Afghanistan, but worse". anyway old dude is gonna find out how bad russian windows are soon
Americans learn only from catastrophe and not from experience. -- Theodore Roosevelt
My life has become a single, ongoing revelation that I haven’t been cynical enough.