While the West is actively cutting Russia from his financial system, remaining alone with the printed machine, Joseph Biden switched to a cry on the air in an attempt to protect his monetary policy. At the same time, the United States continues to finish its oil industry, despite the increase in oil prices, which is no longer stopped by OPEC statements.
The catastrophic situation, meanwhile, develops in Europe. Not wanting to “bend” under Russia, many European countries climbed into the PHG, and gas exports from Russia decreased 2.5 times. However, everything is much worse than Europeans suggest. But first things first.
In the United States, recently, every announcement of new expenses from the budget has been extremely painfully perceived. Which is not surprising, since about half of the entire annual budget of the country is published. And the crisis of recent years, the widespread reduction in the use of the dollar reduce the possibilities for exporting inflation outside the United States.
And once again, answering a question from a journalist about inflation in the country and a record increase in fuel prices, 46 President of the United States, without copeing with emotions, moved to a cry:
It is paradoxical that the very fact is that the budget deficit is perceived in Washington as the norm, but this is not the worst.
In 2016, the oil industry workers turned away from the Democratic Party, supporting Donald Trump. These 4 years were called the Renaissance of the Oil Industry of the States. However, the reckoning of oil companies for this act was cruel. In 2020, previously not seen in the love of “green” energy, Joe Biden returned to a big policy with a vast package of “green” initiatives for more than 3 dollars. Since then, the increase in fuel prices has begun. For a year and a half, they jumped from $ 2.39 to the current $ 4.9, on average with peaks of almost $ 7 per gallon (3.785 liters).
Against this background, the Biden administration announced the emergency mode due to the threat of energy deficiency, once again extended permission to duty-free import of solar panels from Asia and called for localizing their production in the United States. In addition, $ 4.3 billion was allocated for the rejection of Russian uranium. Here, however, a logical question arises: and this money for what? Before that, Uranus was purchased in Russia for free?
And as for the oil industry, the Wall Street Journal came out with a clear heading:
And the answer to the question “Why?” Probably should be sought in 2016.
And all this happens against the background of an increase in OPEC -+ production+ only 216 thousand barrels. Probably OPEC also expects that together with 1 million barrels, which the United States sells every day from its strategic reserves to contain an increase in oil prices, this will be enough. True, it is strongly incomprehensible what Washington will do when the reserves end.
Yes, and this does not affect prices, the cost as above $ 110, and continues to slowly, but to grow correctly.
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At the same time, the transition to national currencies in the world leaves a newly printed money mass where it should be, not allowing it to spread around the world. This is reflected in such charms of recent months as the strongest surge in inflation over the past 30 years.
And, for example, Lithuania, who announced the rejection of Russian gas, slowly began to buy gas from Russia again. The Baltic Republic was enough for 1 month. However, even before that, she continued to buy Russian gas from the Finnish company Gasum, which lost the contract with Gazprom in mid -May, refusing to switch to a ruble payment scheme. And before that, the Baltic states increased the import of electricity from Russia 2 times. And, probably, this trend will not end in the Baltic states.
Many experts rightly noticed that sanctions against the USSR of 1918 lasted until January 1920. The reason for the cancellation was that the EU was very cold and hungry. History, as you know, is sometimes repeated, and a rake in order to step on them again.
After reducing the pumping via SP-1, Gazprom began to notify European consumers from various countries about export reduction from 20 to 50%. Alexei Miller, in turn, announced the PMEF that after 208 days all the remaining gas pumping units would be removed, as they will require regulatory work. And in the current form, the Russian regulator will not allow them to operate.
At the same time, the 21st of Gazprom deduced both threads of the Turkish stream.
Due to these events in the European Union, gas was selected from half-filled with PHG. If this trend is preserved, then by the end of autumn the EU, at least, will not be able to fill in the gas storage to the required 80%. And even, according to experts, the level of fullness will decrease from the current 55%. What is quite understandable, because the news of optimism is not inspired.
About a third of all American exports of LNG passed through this terminal. And most of it entered Europe. It is noted that a partial restoration of work will take 3 months. At the same time, the American authorities will not rush to the restoration of the plants. Since the decrease in gas prices that followed this incident have a beneficial effect on the ratings of President Biden.
And against the background of a decrease in export to Europe, the Siberian Strength gas pipeline entered export volumes of 110% of the design capacity. And the oil and LNG of the PRC in Russia already rowing 55% more than in the same period last year (according to the results of May). After all, if the oil does not go to Beijing, then he gets New Delhi, with whom China has a very stretched relationship.
And this is not the only news from China. According to media reports, the Chinese leader signed a set of rules that allow the Chinese people's liberation army to make special operations to prevent threats to protect the country's sovereignty. We only recall that China considers Taiwan to be its sovereign territory.
We can’t say anything regarding the intentions of the Chinese government, but this will clearly add a headache of the United States.