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