Tuesday, March 8, 2022

Russian Oil Ban Predicted

Various sources are reporting the Biden administration will finally get around to banning the import of Russian oil. The practical effect of this on Russia will not be great, but we’ll feel better about where our oil-purchase dollars are going.

We’ll buy someone else’s oil exports and Russia will sell their oil to whoever was previously buying the oil we now buy, someone with fewer scruples about its source. The technical term for this property is “fungible,” meaning interchangeability.  

Was it only thirteen months ago the U.S. was energy independent, actually exporting petroleum products? Yes … yes it was. As a result of the Zuckerbucks-rigged election of 2020 we are told we voted for the mess we now inhabit. Hard to believe, isn’t it?

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Meanwhile, the Russian army is exhibiting Potemkin village-like properties in Ukraine, not precisely covering themselves with glory. The famous 40 mile column of stalled vehicles pays tribute to the Russian proclivity for ignoring maintenance. 

It’s something the DrsC observed when visiting western Russia. We saw many large buildings in serious need of upkeep, the sort of caregiving that enables buildings to last. 

For whatever reason, paint-up and fix-up doesn’t seem to be in the Russian DNA, perhaps it’s an unfortunate legacy of Soviet central planning. It rewarded completing projects, at the expense of maintaining them once completed.