HOLY CRAP: Germany takes control of three Russian refineries

[Mac1958]

Wow, this is a pretty bold move for the desperately-trying-to-stay-the-hell-out-it Germans.

I wonder what "taking control of" actually looks like. That little blonde Russian despot probably won't like it.

Germany takes control of 3 Russian-owned oil refineries

Germany is taking control of three Russian-owned refineries to ensure energy security before a European Union embargo on oil from Russia takes effect next year.

apnews.com

 

[candycorn]

Wow, this is a pretty bold move for the desperately-trying-to-stay-the-hell-out-it Germans.

I wonder what "taking control of" actually looks like. That little blonde Russian despot probably won't like it.

Germany takes control of 3 Russian-owned oil refineries

Germany is taking control of three Russian-owned refineries to ensure energy security before a European Union embargo on oil from Russia takes effect next year.

apnews.com

I doubt the rooskies are going to take that lying down.

 

[Mac1958]

I doubt the rooskies are going to take that lying down.

Yeah, I don't think so either. I wonder what their pals China think of this.

 

[1srelluc]

It makes no sense.....How can the EU have a "embargo" on Russian oil when they are the ones getting hurt by it? I guess they virtue-signaled before they thought it through.

Putin be all like:

 

[JoeB131]

It makes no sense.....How can the EU have a "embargo" on Russian oil when they are the ones getting hurt by it? I guess they virtue-signaled before they thought it through.

Putin be all like:

They buy it from the Middle East. That was easy.

Refining capacity is actually a bigger issue right now than oil production itself. A lot of older refineries that were shut down during Covid weren't started up again because they were too inefficient.

Meanwhile, the Russians are pretty much in full retreat in the Ukraine and people in Russia are grumbling about shortages and how they got into this debacle. .

 

[j-mac]

Germany pushing toward Socialism? Say it aint so!

 

[1srelluc]

They buy it from the Middle East. That was easy.

Refining capacity is actually a bigger issue right now than oil production itself. A lot of older refineries that were shut down during Covid weren't started up again because they were too inefficient.

Meanwhile, the Russians are pretty much in full retreat in the Ukraine and people in Russia are grumbling about shortages and how they got into this debacle. .

Sure....At 4X the price....Just like they are buying Russian NG from the Chi-Coms for 4X the price.

Virtue-signaling gets expensive.

 

[candycorn]

Yeah, I don't think so either. I wonder what their pals China think of this.

China may look at it as a way of strengthening their position...the fewer allies Russia has, the stronger their role is.

 

[fncceo]

I'm not sure what this buys The Germans. A refinery isn't much use without a study source of crude to be refined. Refineries don't really store enough to keep Germany going for very long.

 

[1srelluc]

I'm not sure what this buys The Germans. A refinery isn't much use without a study source of crude to be refined. Refineries don't really store enough to keep Germany going for very long.

I get why they did it.....It's just going to cost a lot more unless they can cut them one hell of a deal from the ME.

 

[JoeB131]

Sure....At 4X the price....Just like they are buying Russian NG from the Chi-Coms for 4X the price.

Virtue-signaling gets expensive.

Doing the right thing is expensive.

So let's review, shall we. The reason why we are embargoing Russian oil and gas is because they committed an act of aggression against one of their neighbors.

So if we let Russia take the Ukraine, what's next? The Baltic States? Poland? Germany?

Seems to me that there's virtue signalling, and there is enlightened self interest. If Putin's Goal is to restore the USSR, that means getting right up into Germany itself.

 

[iamwhatiseem]

Yeah, I don't think so either. I wonder what their pals China think of this.

Considering the two met this week, I am sure they have already discussed it

 

[1srelluc]

Doing the right thing is expensive.

So let's review, shall we. The reason why we are embargoing Russian oil and gas is because they committed an act of aggression against one of their neighbors.

So if we let Russia take the Ukraine, what's next? The Baltic States? Poland? Germany?

Seems to me that there's virtue signalling, and there is enlightened self interest. If Putin's Goal is to restore the USSR, that means getting right up into Germany itself.

Mouse in your pocket?

I could give two shits about Little and Great Russia. Much less sending billions upon billions into that black hole of corruption.

 

[fncceo]

I could give two shits about Little and Great Russia.

I got a mail-order bride from there once. But, they forgot to put some holes in the box.

 

[Mac-7]

Wow, this is a pretty bold move for the desperately-trying-to-stay-the-hell-out-it Germans.

I wonder what "taking control of" actually looks like. That little blonde Russian despot probably won't like it.

Germany takes control of 3 Russian-owned oil refineries

Germany is taking control of three Russian-owned refineries to ensure energy security before a European Union embargo on oil from Russia takes effect next year.

apnews.com

The germans stupidly bought into not just globalism, but GREEN globalism at that

Turning their backs on domestic energy security for the Green New Deal was not smart

Which is a policy that your president joe biden is following also

 

[AMart]

German government did the same thing with gazprom back in April.

 

[1srelluc]

I got a mail-order bride from there once. But, they forgot to put some holes in the box.

View attachment 696894

Damn scammers.

 

[Thunk]

I doubt the rooskies are going to take that lying down.

Me either...is biden moonlighting in germany now? What a stupid move!

Here's another link from Bloomberg.

Germany Seizes Assets of Russian Oil Giant Rosneft

Germany seized the local unit of Russian oil major Rosneft PJSC as Berlin moves to take sweeping control of its energy industry, secure supplies and sever decades of deep dependence on Moscow for fuel.

www.bloomberg.com

 

[Devils_Advocate]

Well we will have a massive War, so enjoy children and if you see the sun rising at midnight, well that ain’t the Sun I tell ya!

 

[22lcidw]

They buy it from the Middle East. That was easy.

Refining capacity is actually a bigger issue right now than oil production itself. A lot of older refineries that were shut down during Covid weren't started up again because they were too inefficient.

Meanwhile, the Russians are pretty much in full retreat in the Ukraine and people in Russia are grumbling about shortages and how they got into this debacle. .

Why would they be inefficient? Tell us why.