Monday 31 January 2022

Ukraine Crisis or Oil and Gas Casino?

 

Ukraine Crisis or Oil and Gas Casino

While most people and the mass media seem fixed on events linked to a mythological invasion, what is happening to oil and gas shares around the world?

 

There are all kinds of headlines linked to events in Ukraine, but what is the reality of it all? Who is really making truckloads of money speculating in international markets? With the Covid pandemic and the loss of economic activity, oil and gas prices went down as demand went down. Then suddenly, economic activity started to pick up and oil and gas prices went up again. 

 

British newspapers were mentioned that should there be shortages of oil and gas, Britain would be receiving gas from.... Australia? You only have to look at mapamundi to see that there is a lot more than meets the eye. Container ships bringing American fracking gas across the Atlantic? Container ships bringing in gas all the way from Australia? As some environmental activists complain about air traffic including the use of private jets, has anybody stopped to think about the footprint of ships carrying vast amounts of gas and oil across vast oceans of the world? At what cost? Suddenly, you can forget about environmental targets because what we are listening about has nothing to do environmental targets and a lot do with geopolitical objectives and speculation in world markets.

 

India and China were a lot more honest when it comes to energy needs and energy sources. Yes, they will not phase out their production of coal - just to give an example - and they will continue building up coal energy plants. Undoubtedly, any talk about shortages and especially shortages due to geopolitical situations will benefit certain investors. War in Europe? How much money can we make out of it?

 

Recently, a very expensive jet fighter went down in Asia. There were the usual comments about the best American technology falling into Chinese hands because the jet crash on 'unfriendly waters'. How much did the aircraft cost? Who cares? There will be another aircraft to replace the one that crashed, and monies will be made by certain 'investors' that would like to have another war, another massive war, because wars are money making machines. They could not care less about human lives lost or ruined.

 

In more than one way, those who invest in wars are exactly what the drug cartels are about: quick riches regardless of the thousands upon thousands of lives lost or ruined. This is the business of war.

 

The fat cats will continue increasing their fortunes. Their helpers like the authorities of NATO will see their bank accounts grow and grow and they will continue making inflammatory speeches because the more inflammatory their speeches are a major war is ever closer.

No comments:

Post a Comment