tag:blogger.com,1999:blog-32841798.post8841567991341220373..comments2024-03-28T04:30:21.088+00:00Comments on Capitalists@Work: Gazprom, SpinningCityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-32841798.post-84987183972196651132014-12-09T10:04:07.913+00:002014-12-09T10:04:07.913+00:00anon, MEN: two entertaining early entries for our...anon, MEN: two entertaining early entries for our turn-of-the-year predictions compo<br /><br />(BTW, cold winter unlikely to make crude spike - gas, maybe: but it is very, very soft right now, all storage is full and a lot of new LNG capacity will be coming onstream in 2015 looking for revenues against those sunk costs<br /><br />... unless someone plays the semtex option, see <a href="http://www.cityunslicker.co.uk/2014/12/oil-price-this-is-so-big.html" rel="nofollow">earlier post</a>)Nick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-90309037837759854292014-12-09T07:48:47.425+00:002014-12-09T07:48:47.425+00:00Wouldnt it be a monumental slap in the face if Rus...Wouldnt it be a monumental slap in the face if Russia began to ask for part payment in Gold for their energy?<br /><br />What would that do to the yanks?<br /><br />Perhaps this is why the crafty Ruskies have been buying so much of the stuff of late?<br /><br />Stranger things have happened<br />MyEarlyNamenoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-66557769283708300132014-12-08T23:57:43.074+00:002014-12-08T23:57:43.074+00:00Russia, will have a bloody good belly laugh at Eu...Russia, will have a bloody good belly laugh at Europe's expense more especially if this winter is a particularly cold one and it won't be pretty, mark my words: crude prices will spike. <br /><br />Further, Europe cannot bait the Russia bear too much, Russian banks hold €billions, if it withdrew its [Russian] funds - the EU banking system would go tits up.<br /><br />Putin knows this, he is patient and Russia has a history of waiting out the Europeans, ask Von Paulus and before him, the Corsican corporal.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-91649131085269164332014-12-08T15:38:26.400+00:002014-12-08T15:38:26.400+00:00as you note, they sell via indexation everywhere t...as you note, they sell via indexation everywhere that has a choice. West Europe, they seem to have a bit more power due to the supply needs!CityUnslickerhttps://www.blogger.com/profile/15929544047783163175noreply@blogger.com