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bemildred

(90,061 posts)
Mon Jan 26, 2015, 05:40 PM Jan 2015

Russian Sanctions Might Be Obama’s Greatest Blunder

One of the greatest foreign policy blunders of the Obama Administration was the push by the U.S. for economic sanctions against Russia. That led to Russia fleeing into the arms of China for refuge. In response, Russia, Europe’s largest and most populated country, is now intent on moving its vast storehouse of resources eastward, strengthening America’s largest emerging rival.

Over the last two years, the two countries have completed a $700 billion agreement for Russia to deliver energy to China, amounting to about 17% of Chinese annual supply, for a period covering twenty years, with China financing much of the initial costs of pipeline construction.

What Russia has done, in that one move, is to help repair a major hole in China’s military armor, making it invulnerable to a U.S. cut-off of sea bourn energy supplies, which until now was one of the greatest fears of Chinese military strategists.

From the Chinese perspective, this is a gift that fulfills its wildest dreams. It’s also a gift that could severely undermine the West's plans to deliver expensive Liquified Natural Gas (LNG) to China and Asia, while already facing competition from Qatar and Australia LNG, will now also run up against Russian pipeline gas through China.

http://oilprice.com/Energy/Crude-Oil/Russian-Sanctions-Might-Be-Obamas-Greatest-Blunder.html

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louis-t

(23,295 posts)
1. And what would the brilliant strategists at the
Mon Jan 26, 2015, 06:04 PM
Jan 2015

'Oil and Energy Insider' have done while Pootie was attacking a neighboring country? Agree to finance his war by buying more Russian oil? These armchair generals can't see past their own faces. China is not immune to Russian treachery, either. They may soon find out it wasn't such a great deal.

louis-t

(23,295 posts)
3. The author of this piece is a right-winger.
Mon Jan 26, 2015, 06:41 PM
Jan 2015

There is no doubt. He makes assumptions that the US was involved somehow in Saudi refusal to cut production. He seems to imply that Obama should just give in to threats from Exxon. His take is that the president should make big oil's profits his highest priority. This guy is a pig.

freshwest

(53,661 posts)
7. & vice-versa. Another thread says he needed a bailout from China who'll pay pennies for Russia gas.
Tue Jan 27, 2015, 12:27 AM
Jan 2015
It won't hurt Putin, he's almost at Koch brothers levels of wealth personally. Another thread says his personal wealth is $40B. It looks like the Chinese deal is another sell-off of Russian assets in perpetuity.

KoKo

(84,711 posts)
5. Might explain why Obama was so angry during his SOTU Address about Russia/Putin
Mon Jan 26, 2015, 08:56 PM
Jan 2015

"Economy in Tatters" and his other confrontations and why Hillary Mocked Putin in Canada.


But it seems to me the USA Position shows us in a negative light where we are almost "Provoking Russia" rather than using Diplomacy....which should have been the way to go...and seemed to be what Putin wanted in his Address to his Parliament which was throwing an "olive branch" to the West....but, they chose to trash him over it.

Even here on DU the full translation of his speech and You Tube were taken out of context and attacked.

So....we get what we get when we keep acting like spoiled children who want ALL THE CANDY......and we will do whatever it takes to get it ...even if it means taking dad's gun out of the closet and shooting it wildly to see whatever we can take down.

DIPLOMACY.....Negotiating......Where did that all go in American/Democratic Policy?

 

Adrahil

(13,340 posts)
6. What, exactly, would you suggest?
Tue Jan 27, 2015, 12:05 AM
Jan 2015

Obama and company have been talking with the Russians every step of the way. The Russians are having none of it. What next?

It really does take 2 parties willing to talk. And what is there to talk about? How much of Ukraine we let Russia gobble up?

bemildred

(90,061 posts)
9. You remember when I mentioned the petulance of these guys?
Tue Jan 27, 2015, 07:05 AM
Jan 2015

Last edited Tue Jan 27, 2015, 08:16 AM - Edit history (2)

Have you noticed how the Putin-lickers always try to be polite, but the anti-Putin-lickers always start in with a string of epithets?

That is what worries me, they have got their shriveled, needy egos involved in this, it's personal.

KoKo

(84,711 posts)
11. Cheney/Rumsfled, Bush II, John McCain and their Shadow Supporters tactics/ideology
Tue Jan 27, 2015, 10:44 AM
Jan 2015

Add in Fox News and the other MSM Bully Boys and Gals hammering for over a decade waving fists and yelling...

"Bring it On".......

And where has that gotten us? MIC/MSM/Wall Street/IMF/World Bank Control and 1-2% gobble up everything and the rest of the people are of little or no consequence. Plus, its gone Global. TPIP and TPP (pending approval) follows NAFTA/GATT and the other Side Agreement Trade Deals with SoKorea, etc. already signed--furthering inequality and poverty for the citizens but more wealth, war profits and influence for the 1-2 percent of the worlds Oligarchs and Politicians.

 

geek tragedy

(68,868 posts)
8. it's not like China and Russia were strangers with only remote ties to one another
Tue Jan 27, 2015, 04:15 AM
Jan 2015

this kind of with-us-or-against-us thinking is really dumb. If we were really that concerned about China so much that it drove our Russia policy, we'd be behaving much more differently towards . . . China.

bemildred

(90,061 posts)
10. Well he is in the oil business.
Tue Jan 27, 2015, 07:07 AM
Jan 2015

"with-us-or-against-us thinking" is always dumb, it is never that simple.

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