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Dear Ukrainians, Your Gas Bill Goes Up By 50% On May 1, Have A Nice Day

Tyler Durden's picture




 

We assume this is not what President Obama meant when he said "costs"...

  • *UKRAINE TO RAISE GAS PRICES FOR HOUSEHOLDS 50% FROM MAY 1
  • *UKRAINE TO RAISE GAS PRICE FOR HEATING UTILITIES 40% FROM JULY

As we warned previously, "the honeymoon is over" and it seems, from today's address, President Obama is about to mandate who and where the free market for natgas delivers it supply.

Of course, this is not about to get better anytime soon:

  • *NAFTOGAZ UKRAINY SAYS GAS DEBT TO GAZPROM IS $1.7B: KOBOLYEV

But President Obama is disappointed in the free market.

“We’ve already licensed, authorized the export of as much natural gas each day as Europe uses each day; but it’s going into the open market; it’s not targeted directly,” President Obama says.

 

It’s going through private companies who get these licenses and they make decisions on the world market about where that energy is going to be sold,” Obama says at news conference in Brussels

Time for another executive order? We suspect a 50% gas price hike may just be another tipping point...(as we noted before)

What is certain, is that the struggling population, most of whom never wanted the recent political overhaul and were quite happy with life as it was, will suddenly demand a return to the living standards under the old, if "horrible" regime, and demand an even quicker overhaul of the current administration.

Something Putin knows all too well.

Why does he know it? Because current events are a carbon copy of what happened in 2007 that led to the infamous 2008 Ukrainian political crisis.

What happened in 2007? This:

Ukraine agreed to pay close to $180 for every thousand cubic meters of natural gas it gets next year from Russia, Russia's state-run gas monopoly said, marking a nearly 40% increase over current prices.

 

The deal, which comes after months of negotiations between Moscow and Kiev, is part of what Russia describes as an effort to stop giving energy supplies to former Soviet republics at cut-rate prices.

 

That effort escalated into a full-blown dispute two years ago, when Russia cut supplies to Ukraine. The dispute affected some European countries, raising concerns about Russia's reliability as Europe's main energy supplier.

 

OAO Gazprom said Ukraine agreed in a deal signed by Ukrainian Energy Minister Yury Boiko to pay $179.50 for every thousand cubic meters it buys from Russia next year. Gazprom said transit prices would be set at $1.70, the price for gas shipping across Russia.

 

Ukraine currently pays $130 for every thousand cubic meters of gas from Russia.

 

In October, Russia urged Ukraine to make good on what it said was a $1.3 billion debt for gas shipments, a demand described by some Ukrainian officials as an effort to influence Ukrainian politics after September's parliamentary elections.

 

The deal comes a week after Gazprom said it would pay as much as 50% more next year for natural gas from Turkmenistan. Russia controls nearly all gas exports from the Central Asian nation.

Funny how history not only rhymes, but sometimes repeats itself. Verbatim.

 

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Wed, 03/26/2014 - 10:49 | 4593674 1000yrdstare
1000yrdstare's picture

Who runs Barter town?

Wed, 03/26/2014 - 10:54 | 4593707 SWRichmond
SWRichmond's picture

A better question is, who benefits from higher energy prices worldwide?

Wed, 03/26/2014 - 10:59 | 4593735 eclectic syncretist
eclectic syncretist's picture

Is this another one of Obama's sanctions? 

Wed, 03/26/2014 - 11:04 | 4593763 MillionDollarBonus_
MillionDollarBonus_'s picture

Ukrain needs to start moving away from fossil fuels anyway - hopefully this will accelerate the process. This is a great opportunity for the Ukrainian government to invest in green technologies; not only will this help solve the global energy crisis - it'll also create jobs and support the economy.

Wed, 03/26/2014 - 11:07 | 4593778 Independent
Independent's picture

LOL Green, the only thing green is their grasslands, they have no reliable windpower, or hydroelectric dam potential, no geothermal, and they are not as sunny as Spain.

Wed, 03/26/2014 - 11:13 | 4593812 RealityCheque
RealityCheque's picture

I hear paper money makes great heat. In a pinch...

Wed, 03/26/2014 - 11:15 | 4593830 Manthong
Manthong's picture

Ready...  Fire...  Aim!!

Wed, 03/26/2014 - 11:44 | 4593971 Chupacabra-322
Chupacabra-322's picture

Blackwater works for whomever pays the most, the banksters on Wall Street who funded this "revolt". Now these peddlers of democracy are trying to silence those who don't agree with the ones who took power in Kiev. It is interesting to note, the extreme right wing who helped, or most likely were duped into making the revolt possible is now being taken out by the unelected US, IMF imposed puppet in charge, Yatsenyuk. So much for democracy,

Putin will not have to do anything at all, as those in charge who are following the flawed policy of the clueless US state department will surely spark a civil war. It is also noteworthy that the right wing candidate who is planning to run for the Presidency of Ukraine and his supporters, want nothing to do with the EU, NATO or Russia for that matter, which most likely reflects the real sentiment of most Ukrainians. Since the days of the Kozaks, Ukrainians have always sought to be independent of anyone. Neutrality, a non-aligned policy and real independence would have prevented the annexation of Crimea, preserved peace and the territorial integrity of Ukraine. The foisting of Yatsenyuk, one of the most unpopular politicians upon Ukrainians by the EU/US/IMF cabal is sure to result in discord and the possibility of more violence in Ukraine. The question is, as these mercenaries start assassinating anti Kiev leaders and citizens, will Russia just stand by?

Wed, 03/26/2014 - 12:59 | 4594315 Ifigenia
Ifigenia's picture

"Blackwater works for whomever pays the most, the banksters on Wall Street who funded this "revolt". Now these peddlers of democracy are trying to silence those who don't agree with the ones who took power in Kiev. It is interesting to note, the extreme right wing who helped, or most likely were duped into making the revolt possible is now being taken out by the unelected US, IMF imposed puppet in charge, Yatsenyuk."

The extreme right, Right Sector, thrust the jews now they pay the price.

Wed, 03/26/2014 - 13:17 | 4594387 studfinder
studfinder's picture

I've noticed that the sunflower oil sold at both WalMart and Trader Joes is from the Ukraine.   Pretty good stuff, although strong if you are use to refined (not cold pressed)...  Ukraine does have one thing that everyone needs and that is fertile farmland, not that Russia doesn't have a ton of that too...

Wed, 03/26/2014 - 14:03 | 4594588 usednabused
usednabused's picture

LMAO at MDB. He's gotta be the stupidest fucker yet....

Wed, 03/26/2014 - 14:03 | 4594590 usednabused
usednabused's picture

LMAO at MDB. He's gotta be the stupidest fucker yet....

Wed, 03/26/2014 - 11:14 | 4593819 semperfi
semperfi's picture

they can use aborted fetuses - American women can provide about 1,500,000 per year

Wed, 03/26/2014 - 11:39 | 4593947 donsluck
donsluck's picture

Check out Freakonomics (the book). The unprecedented drop in the US crime rate in the late '80s and '90s can be linked to the legalization of abortion 20 years earlier. Amazing when unwanted children are aborted, the overall society benefits. In the last 15 years, however, abortion has become much less available and out-of-fashion. I suggest talking to a grade school teacher about the quality of family life (and student problems) today.

Wed, 03/26/2014 - 11:46 | 4593982 Zymurguy
Zymurguy's picture

A factual link agreed upon by whom?  The authors?

 

"abortion has become much less available and out-of-fashion"

 

Hey keep piling it on.  I hear Obama may need a new spokesperson soon, you're pretty good.

Wed, 03/26/2014 - 14:32 | 4594739 Anusocracy
Anusocracy's picture

Aborting the offspring of those who have low cerebral control is a good thing.

Hunter-gatherer mothers would inspect their newborns and kill it if it were physically malformed.

Abortion promotes that for mentally malformed.

Wed, 03/26/2014 - 11:47 | 4593991 CH1
CH1's picture

Homeschool for the win.

Wed, 03/26/2014 - 12:07 | 4594087 Greenskeeper_Carl
Greenskeeper_Carl's picture

pretty sure thats been debunked. But even if it hasn't, I still cannot condone the killing of an unborn child for no reason(not talking about cases of rape, etc). Take responsibility for your actions. I say this as a 'devout' athiest. I believe it is also unconstitutional, since each person is supposed to be entitled to life, liberty, and the pursuit of happiness. I have seen my 12 week gestation son moving around on an ultrasound, and heard his heartbeat. No matter how much those on the left like to pretend otherwise, that is a tiny person in there people are deciding to kill, usually for no other reason than to avoid taking responsibility for the choices they made. whatever problems society has, they won't be solved by choosing to end the ives of our unborn children

Wed, 03/26/2014 - 13:09 | 4594354 amberwavesofsom...
amberwavesofsomething's picture

For what its worth, Rothbard had a pretty interesting argument for abortion. Was not pretty, and even most die hard Libertarians couldnt really stomach it, but it was in line with his overall philosophy.

Wed, 03/26/2014 - 14:44 | 4594837 Anusocracy
Anusocracy's picture

Embryo comparisons:

http://home.honolulu.hawaii.edu/~pine/book1qts/embryo-compare.html

A 'human' is an animal until it has shown it is not an animal.

Most killing thieving enslaving destroying 'humans' are still animals.

Wed, 03/26/2014 - 13:14 | 4594380 Totentänzerlied
Totentänzerlied's picture

LOL and that is supposed to matter precisely how?

Economic reality trumps everything except biology, physics, and thermodynamics.

Keep the kid, create another hopeless cradle-to-grave welfare dependent basket case with a parent (yes just one parent) who doesnt want him/her and has no time for him/her and can't properly care for or raise him/her by any remotely sane definition of "properly", who has no prospects for advancement except by becoming another serial debtor, that is exactly what every healthy society needs, unwanted, unloved, unnecessary, children it is no way able to accomodate.

Here's the real litmus test: how about you volunteer to pay for all these kids, from age 0 to 16 (I hope you're a mutlimillionaire)? No, doesn't sound like such a great idea now, now does it?

Wed, 03/26/2014 - 15:21 | 4595036 teslaberry
teslaberry's picture

any talk of 'abortion debate' should be grounds for having your entire screename banned from zh. 

this is IRRELEVEVANT TO THE TOPIC KEEP YOUR NOISE ELSEWHERE OFF THIS SITE.

Wed, 03/26/2014 - 16:09 | 4595365 Keyser
Keyser's picture

With 7+ billion souls on the planet, someone needs to start making decisions on procreation, even though it is a morally reprehensible topic. 

Wed, 03/26/2014 - 13:28 | 4594421 Totentänzerlied
Totentänzerlied's picture

Trying to argue factually with mental cave-dwellers, gets no one anywhere.

"Amazing when unwanted children are aborted, the overall society benefits."

Any anthropologist or ethnologist could tell you that, and they have a million years of direct supporting evidence from every human society that has ever existed. Selective infanticide is older than Homo sapiens. And yet here we are today still arguing this point with deluded fools.

Here's another boring and factual third-rail taboo: The fastest, easiest way to increase labor power is to decimate the working population, because demand is relatively inelastic. The converse is true too: rapid population growth destroys the value of labor. For bonus points: figure out how this historical fact is directly related to the rise of capitalism and the credit economy.

Wed, 03/26/2014 - 12:34 | 4594189 Pesky Labrador
Pesky Labrador's picture

fossil fuels, hehe

Dinasours didn't make oil, its a natural by product that the earth produces.

Wed, 03/26/2014 - 12:44 | 4594241 tony wilson
tony wilson's picture

hey milliondollar bonus why not suggest to soros a cabbage powered power stations.

nice and green

unless it's a red cabbage

Wed, 03/26/2014 - 15:20 | 4595028 teslaberry
teslaberry's picture

you want funny sarcasm, there was a clean coal article on wired magazine of all places. 

 

yea, just read the comments section. you laugh at their stupidity. but I cry when i realize a generation of fools dominates our current discourse. a generation of brainwashed morons many of whom have gone to college. 

 

I think this is the first generation of human beings having received higher education---and the end result is they have LESS ability for critical thinking as a direct result of higher education relative to those 'less educated' than themselves. 

 

As a person who has been in top 10 law and business schools and colleges. I've come to believe that the indoctrination in them has achieved a level to actually dumb them into thinking they are smarter for not questioning the ivy line. 

this is what it means to have a detached elite. a generation of 'rich' sheep many of whom will themselves be scalped by those who are more aggresive , clever, or connected than themselves. 

 

'coal is bad' . please. you couldnt' get thse people to use their brain if you hit them over the head with a giant lump of coal. 

Wed, 03/26/2014 - 16:14 | 4595396 Keyser
Keyser's picture

One can find uninformed and ignorant people everywhere. I find this genuinely odd considering the fact that researching a topic has never been easier. 

 

Wed, 03/26/2014 - 11:12 | 4593810 ParkAveFlasher
ParkAveFlasher's picture

Obama is such a bleeding con or dope.  He loves higher energy prices because higher prices in the US mean a higher tax basis for his government.  DC hates cheap oil.  DC hates cheap anything.  Cheap anything means low demand for debt, which is the only product that DC trafficks in .

Wed, 03/26/2014 - 12:09 | 4594094 Greenskeeper_Carl
Greenskeeper_Carl's picture

debt is also just about the only thing we export, in the form of FRNs

Wed, 03/26/2014 - 10:55 | 4593714 john39
john39's picture

how long until western ukranians ask for a referednum to join Russia?    what does the EU possibly have to offer Ukranians? LGBT rights? the situation is a joke.

Wed, 03/26/2014 - 10:59 | 4593733 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Russian doesn't want Western Ukraine, the motherland wants the eastern portion. 3, 2, 1 to further succession from Ukraine in the east. 

Wed, 03/26/2014 - 11:13 | 4593813 Omen IV
Omen IV's picture

Western Ukraine is a fascist cesspool - even if offered Russia wont take it - let it merge with Poland and the EU - and take the debt with it

the east will have a referendum or a revolution by the end of summer to bolt to Russia - 36 months from now - Obama will have nothing to show for his Putch but chaos in the west and calm waters in the eastern Ukraine

the article today on Al Queda / Syria in the NYT today  is parallel case of results of US interference - all chaos and more militant groups exploited by USA looking to create instability

 

Wed, 03/26/2014 - 11:56 | 4594040 therover
therover's picture

Creating instability is the main goal. Not democracy, not fairness, not ecomomics. It all comes down to creating instability in regions in order to exploit ANYTHING.

 

 

Wed, 03/26/2014 - 14:09 | 4594623 BlindMonkey
BlindMonkey's picture

Creative.  I think you nailed it.  Let's modify Rothchild's maxim to add that if no blood in the streets exists to create a buying opportunity, the smart money creates the blood in the streets.

Wed, 03/26/2014 - 11:33 | 4593923 walküre
walküre's picture

Nobody ever asks for a referendum to "join" Russia Referendum asks you to say "yes" or forever hold your breath.

The discount expired anyway. Russia didn't want to sell at 40% discount, why would they? Russian state is near bankrupt - again. They need every penny they can get their hands on. Russia's demographics are a dark black hole. No kids. Anyone stupid enough to have kids in Russia trains the kids to leave when they're old enough to start their lives and careers in either Europe or North America. There are no immigrants from Europe or North America lining up to enter Russia. Russia is a dead man walking. Has been such for a thousand years. Russians soul is sad and heavy. Only Vodka can bring short term peace.

Wed, 03/26/2014 - 12:07 | 4594082 johny2
johny2's picture

brighten up! as per your own words for 1000 years they have been a dead man waking, and still they are pretty much alive. 

bankruptcy is only possible if you load up on debt and than get cut off from the credit. at least 2000 years old practice.

Wed, 03/26/2014 - 12:55 | 4594291 walküre
walküre's picture

They're barely alive and again, Russians that have the means will always send their kids out of the country and probably relocate themselves. Russian expats don't consider themselves part of Putinistan.

Wed, 03/26/2014 - 13:13 | 4594335 johny2
johny2's picture

russia has been running a surplus for quite a while now, and they have even saved some money ( even if they choose to hold their savings in us paper, showing a lot of trust in my opinion )

talking on behalf of the russian expats is quite a tall order for me, I am supposed to trust you know most of them?

if the present scheme survives in the same form, expect ukraine debt to rise tenfold, and the whole industry to be in property of the certain parties, and the residential properties under mortgage.

for blueprint on ukraines IMF/CIA planned present and possible future, read on wiki "the economy of yugoslavia", years 90 onward.  

 

Wed, 03/26/2014 - 12:32 | 4594181 CrashisOptimistic
CrashisOptimistic's picture

from the article:

"Why does he know it? Because current events are a carbon copy of what happened in 2007:

They are not a copy of 2007.  There is a difference.  The IMF.

 

The upcoming price hikes will be FAR more than specified so far.

1) Russia/GAZPROM agreed to a price cut from the European norm in December as part of the deal of Ukraine joining the Russian economic bloc.  The Ukraine has broken that deal and will lose that price cut.

2) The IMF, as it has done elsewhere, has demanded that govt subsidies on oil and gas be stopped.  No cushioning the price of citizens.  They will have to pay the full amount.  The IMF has done that because the gov't expenses in this are so high (and to stop encouraging more consumption that results from the lower prices).  So this will be about 40% and is what the article is referring to.

But the GAZPROM increase will be 80%.  The sum, 120%.

Wed, 03/26/2014 - 12:53 | 4594285 walküre
walküre's picture

GAZPROM is in the business of selling GAS. If the price of gas is too high, they will sell less gas as consumption and demand gets lowered. Lower volume, higher prices and their net income will be the same. Unless Ukraine either produces more gas themselves or venture into alternative energies. There are options and the pancake has always two sides.

 

Wed, 03/26/2014 - 16:25 | 4594893 angel_of_joy
angel_of_joy's picture

Russia is a dead man walking. Has been such for a thousand years. Russians soul is sad and heavy. Only Vodka can bring short term peace.

If this passes for "strategic thinking" nowadays in Germany (and EU ), there is no wonder that you guys are in such a miserable shape. As for Russians, for a 1000 years old "dead man walking" they're not doing too badly...

Wed, 03/26/2014 - 10:57 | 4593723 tempo
tempo's picture

US frac gas is a joke. Very capital intensive, 30%/yr decline rates and high abandonment costs. Frac gas are the leftovers. Exporting LNG to bankrupt countries in the EU would only be supported by Obama. Ukraine, wake up, make friends with your powerful neighbor, stop listening to the meaningless speeches from the US about help. We are bankrupt and corrupt.

Wed, 03/26/2014 - 11:22 | 4593863 crazzziecanuck
crazzziecanuck's picture

Ukrainians have to stop dwelling on the past, actually.  Yanukovich was straddling both the EU and Russia and playing both rather well, kleptocrat or not.

Now that the "Ukrainian" nationalists have decided to snub Russia in favour of the EU, they're going to discover hard truths.  About half of the French polled said they want France to leave the EU (not just the Euro), so you have a situation where you have one group banging on the door screaming "let us in" while the French (and others like Greece) are on the other side banging and screaming "let us out."

Like I was always told, be very careful what you wish for.

Wed, 03/26/2014 - 12:02 | 4594061 KickIce
KickIce's picture

Anymore it's like having connecting rooms in Hotel California with a lion in one room and a tiger in the other.

Wed, 03/26/2014 - 11:23 | 4593725 Independent
Independent's picture

Sure isn't the natives.  I was just reading that the Vampire Squid, aka Goldman Sachs is making a killing off of speculating on food commodities and also buying up farmland.  Guess Ukraine is the next fertile ground for that money making scheme.

http://journal-neo.org/2014/03/24/the-financial-elite-and-the-global-lan...

Wed, 03/26/2014 - 15:11 | 4594978 sessinpo
sessinpo's picture

Independent       I was just reading that the Vampire Squid, aka Goldman Sachs is making a killing off of speculating on food commodities and also buying up farmland.

----

It's easy for them to make money (using depositors and tax payer money). They can speculate with ease because they buy the production as well as the transportation. Can we say manipulation and corruption.

Wed, 03/26/2014 - 11:13 | 4593815 Freddie
Freddie's picture

The Troika has spoken.  Prepare to live like the Greeks.  Thank the dual citizens.

Wed, 03/26/2014 - 10:50 | 4593675 I woke up
I woke up's picture

It's the "free" markets fault

Wed, 03/26/2014 - 11:00 | 4593738 101 years and c...
101 years and counting's picture

in other words, get ready Amerikka for a big spike on your nat gas bills.  we not only supply europe with gasoline and diesel (because of sanctions on Iran), we will now send as much nat gas to europe as needed.  higher energy prices = inflation = good = wet panties for yellen.  add in the CA drought and higher food prices, and there is a pool under her.

Wed, 03/26/2014 - 11:15 | 4593826 Shrapnel
Shrapnel's picture

There goes breakfast

Wed, 03/26/2014 - 10:51 | 4593682 LawsofPhysics
LawsofPhysics's picture

“We’ve already licensed, authorized the export of as much natural gas each day as Europe uses each day; but it’s going into the open market; it’s not targeted directly,” President Obama says." -

 

In other words, expect the following message in the near future; "Dear American customers,  Your gas/oil bill will be going up by 200%, Have a nice day..."

Wed, 03/26/2014 - 10:53 | 4593698 Winston Churchill
Winston Churchill's picture

For the children,its only fair.

Wed, 03/26/2014 - 11:00 | 4593739 IridiumRebel
IridiumRebel's picture

Soon those children will become wise to what's what and hit the streets....oh wait. They have iPads and DWTS. Debt serf on!

Wed, 03/26/2014 - 11:00 | 4593745 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Yes, what about the children and the debt dumped upon them.

Wed, 03/26/2014 - 11:09 | 4593790 LawsofPhysics
LawsofPhysics's picture

I fully expect that all businesses that require energy as an input (like farming/food) to pass this generous gift on to their customers as well...

hedge accordingly.

Wed, 03/26/2014 - 10:51 | 4593683 IridiumRebel
IridiumRebel's picture

Nothing says Recovery! like your energy bills going up by a shitload. Welcome to Democracy! And by Democracy, I mean having a forced and manipulated coup that is fostered by foreign interests so they may install an unelected Bankster/Goldman puppet to do their bidding. 

FREEDOM!

Wed, 03/26/2014 - 10:51 | 4593684 starman
starman's picture

"From Russia with love"!

Wed, 03/26/2014 - 10:52 | 4593689 Magnum
Magnum's picture

Germans next...

Wed, 03/26/2014 - 10:52 | 4593694 PlusTic
PlusTic's picture

You Fuck with the Putin, you get the horns!

Wed, 03/26/2014 - 10:53 | 4593696 Greenskeeper_Carl
Greenskeeper_Carl's picture

Don't worry Ukrainians. I'm sure your benevolent overlords in Brussels who you want to be enslsved to will make everything ok. All they ask is your endentured servitude and that of your children. Just borrow moar money from the IMF. You can always pay it back once you are fully integrated into the EU and your economy really takes off, just ask Greece, Spain, Portugal.... Those guys are doing great.

Wed, 03/26/2014 - 10:53 | 4593697 Drachma
Drachma's picture

Here where I live in the great communist experiment called Kanada, my local prefecture has blessed us with a 40% increase in our natgas rates, and they've warned us that we better get use to it, you know, the weather and all.

Wed, 03/26/2014 - 11:13 | 4593817 Dr. Richard Head
Dr. Richard Head's picture

Makes sense to me.  It's like never cold in Canada!

Wed, 03/26/2014 - 12:29 | 4594172 cifo
cifo's picture

Drachma, at least you have the choice to hedge (as I do).

Wed, 03/26/2014 - 10:53 | 4593699 vote_libertaria...
vote_libertarian_party's picture

No problem-o, just print some.

 

D'OOHHHHH!!!!

Wed, 03/26/2014 - 10:54 | 4593701 Jason T
Jason T's picture

burn wood baby.. 

Wed, 03/26/2014 - 10:56 | 4593722 john39
john39's picture

bankers give off more btu's, pound for pound.

Wed, 03/26/2014 - 11:04 | 4593740 Independent
Independent's picture

Burn wood they don't have lol, most of Ukraine is steppe ie grasslands.  I guess they can pick up the cattle dung and dry it and use it as fuel.  That would be like what the Tatars did with the Ukraine slaves who they made pick up the dung.

This is all meant to impoverish them so severely they sell all their land and then their women to the slave masters.

Read the section on the 'Fate of the Captives', about halfway down, to see how history is about to repeat itself....

http://en.wikipedia.org/wiki/Crimean-Nogai_raids_into_East_Slavic_lands

Wed, 03/26/2014 - 11:55 | 4594037 Wahooo
Wahooo's picture

Very interesting link. Since history rhymes, it would be crazy for Putin to back away from Crimea.

Wed, 03/26/2014 - 17:32 | 4595765 Independent
Independent's picture

I've learned quite a bit being on this site Wahooo, from the stories and the people who post comments and links.  I agree Crimea is extremely valuable from many perspectives, military, cultural, historical, and its damn pretty place to be able to vacation too.

Wed, 03/26/2014 - 10:54 | 4593703 Kaiser Sousa
Kaiser Sousa's picture

fucking morons...

croglidites seem to have not thought their dumb ass thug fuled EU/US/MONEYCHANGER backed coup through doesnt it????hey quick look over there -

they puttin' Silver on Sale again in the midst of an overall economic/geo-political meltdown...

http://www.kitco.com/charts/livesilver.html

how unusal....

Wed, 03/26/2014 - 11:00 | 4593737 Cursive
Wed, 03/26/2014 - 11:26 | 4593892 Kaiser Sousa
Kaiser Sousa's picture

ur point?

Wed, 03/26/2014 - 10:54 | 4593706 Bollixed
Bollixed's picture

Too bad we can't sell them the gas coming out of DC...

Wed, 03/26/2014 - 10:55 | 4593709 Cursive
Cursive's picture

What is certain, is that the struggling population, most of whom never wanted the recent political overhaul and were quite happy with life as it was, will suddenly demand a return to the living standards under the old, if "horrible" regime, and demand an even quicker overhaul of the current administration.

Something Putin knows all too well.

 

Certain?  Who would substantiate this?  Yanukovich was corrput.  People took to the streets in November 2013.  If the same happened here in America, am I suppossed to take sides with Obama?  Nancy Pelosi?  Harry Reid?

Wed, 03/26/2014 - 10:55 | 4593711 Dr. Engali
Dr. Engali's picture

That's good for stabiliteeeeeeee.

Wed, 03/26/2014 - 10:55 | 4593713 lemarche
lemarche's picture

AT LEAST GAZ HIKE IS JUST BEFORE THE SUMMER !!! :))

THEY WILL HAVE A FULL WARM SUMMER TO DIGEST THE NEWS !!

 

(AND F** POUTINE AND THE RUSSIANS ANYWAY !)

Wed, 03/26/2014 - 11:09 | 4593715 ronron
ronron's picture

but 

Wed, 03/26/2014 - 10:55 | 4593716 ronron
ronron's picture

but russian citizenship is free. single file.

Wed, 03/26/2014 - 10:56 | 4593717 semperfi
semperfi's picture

"We assume this is not what President Obama meant when he said "costs"..."

No, but Obama did say:

"if you like your gas you can pay your gas bill"

"you didn't pay that"

Wed, 03/26/2014 - 10:56 | 4593721 Ironmaan
Ironmaan's picture

Ukraine can thank our mom jeans wearing president. What a fucking homo.

Wed, 03/26/2014 - 10:57 | 4593727 One And Only
One And Only's picture

I feel your pain Ukranians. Obama did this to my cost of healthcare.

Wed, 03/26/2014 - 11:08 | 4593784 ShrNfr
ShrNfr's picture

The total US debt went up 70% too.

Wed, 03/26/2014 - 11:03 | 4593759 shutdown
shutdown's picture

Russia should roll right up to the east bank of the Dnieper River. I mean, they should do it right now and get it over with. Most of the people east of Kiev are Russian and would welcome the return to their fatherland by tossing flowers at the passing soldiers.

Wed, 03/26/2014 - 11:07 | 4593775 Winston Churchill
Winston Churchill's picture

Motherland.

Wed, 03/26/2014 - 11:11 | 4593801 shutdown
shutdown's picture

Oh, yeah, you're right, of course. Motherland is Russia. Fatherland is that other country. And Homeland is the US. I got it now.   

Wed, 03/26/2014 - 11:30 | 4593904 crazzziecanuck
crazzziecanuck's picture

Time isn't ripe for it yet.  Have to let the pot simmer a bit.

Wed, 03/26/2014 - 11:05 | 4593766 Whatchamacallit
Whatchamacallit's picture

And meanwhile, here in the US, more fracking to get more gas for Europe .. 

Wed, 03/26/2014 - 11:06 | 4593767 Unknown Poster
Unknown Poster's picture

Appearantly an "autherized, licensed" free market is the best kind.

Wed, 03/26/2014 - 11:06 | 4593773 holmes
holmes's picture

No problem Ukraine: bring on the solar panels and wind turbines.

Wed, 03/26/2014 - 11:07 | 4593779 SheepDog-One
SheepDog-One's picture

Welcome to the New-Oldworld Order......now get back on those oars and ROW, damn peasants!!

Wed, 03/26/2014 - 11:08 | 4593785 Itchy and Scratchy
Itchy and Scratchy's picture

Good news is the Hillary is about to release large supply methane butt gaz anytime soon!

Wed, 03/26/2014 - 11:08 | 4593786 alentia
alentia's picture

No one said that freedom is free, sometimes it's even cold.

You can have Putin's protection and allow his apparatchiks to protect (rape) you forever or stand free and cold.

Wed, 03/26/2014 - 13:18 | 4594391 walküre
walküre's picture

Putin would have tinkered with the gas prices and flow anyway. None of this is unexpected. That's why the Ukrainians wanted to get rid of Yanu and get the West onboard to help develop Ukraine. The land ownership in Ukraine is still a problem after all these years. Thanks, Putin.

Wed, 03/26/2014 - 11:08 | 4593787 DannoH
DannoH's picture

This is a great opportunity to restart Chernobyl and start construction on units 6, 7, and 8. Keep your gas russia, we have mighty nuclear bottle empire!

Wed, 03/26/2014 - 11:14 | 4593822 Itchy and Scratchy
Itchy and Scratchy's picture

Kenyan: 'Russia didn't build that Nat Gaz!'

Wed, 03/26/2014 - 11:14 | 4593824 RealityCheque
RealityCheque's picture

That "tame" inflation is not behaving according to the Fed metrics.

Can you hear that? can you smell that?

I do believe a shitstorm is on the horizon.

Wed, 03/26/2014 - 11:16 | 4593835 BullyBearish
BullyBearish's picture

Your money is THEIR money and they can ALLOCATE it any way they want...and will

Wed, 03/26/2014 - 11:18 | 4593841 Infinite QE
Infinite QE's picture

Ah, isn't Bolshevisim great?

 

Any Ukrainian with a lick of sense should be joining Putin to help hang the Bolsheviks and pack them all up to a camp.

Wed, 03/26/2014 - 11:18 | 4593844 Itchy and Scratchy
Itchy and Scratchy's picture

ECB : 10M Windmills asap

Wed, 03/26/2014 - 11:19 | 4593848 walküre
walküre's picture

Dear Julija T

Kindly give me your mailing address. Nevermind one bullet to the head, I will send you a box of ammo. Just make it happen.

Best regards

Ex Putinista

Wed, 03/26/2014 - 11:25 | 4593885 muleskinner
muleskinner's picture

Obama is talking out of his ass and where all of the gas originates that is going to the open market.

har

Wed, 03/26/2014 - 11:32 | 4593911 dogismycopilot
dogismycopilot's picture

Russians just repossed the entire Ukrainian Navy.

Time to pay the Gazman.

Wed, 03/26/2014 - 11:32 | 4593915 Jack4952
Jack4952's picture

Ode to the IMF                  

I got me a job at the IMF,

Pays me 2000 dollars a day.

Went to work at nine,

Drank champagne and red wine,

As I lent all the money away.

 

I pay no taxes!

Ain’t that a shame?

But it’s not my fault,

Congress is to blame.

 

I lent to Italy, I lent to Spain,

I lent to Greece, then to Greece once again.

Money for the people?

Oh, Heaven forbid!

Paid interest to the banks,

That’s all that we did.

 

Give us your factories,

Give us your ports,

Close down your shops,

Sell everything short.

 

Give us your gold,

“Oh, No!” they would holler,

But we took it all anyway,

A penny on the dollar.

 

Now we are moving into Kiev on the Dnieper,

We’ll loot it and run,

It’s surely no “keeper”.

Let NATO and Germany clean up our mess,

Chancellor Merkel can afford it the best.

 

We promise them Heaven,

Adding digits to their screens,

And if they don’t pay,

We send the U.S. Marines.

 

To the man in the street with the hole in his shoe,

Searching for work, but there’s nothing to do.

To him and to all.

Only paper are we throwin’,

And when we get through,

There’s only destruction and ruin.

 

Wed, 03/26/2014 - 11:33 | 4593921 SmittyinLA
SmittyinLA's picture

Wouldn't it be funny if Germany left the EU and all its debtors and joined the asset & resource based trade block leaving all the PIIGs with nobody to tax but broke diverse France.

Wed, 03/26/2014 - 11:35 | 4593926 kellycriterion
kellycriterion's picture

Anyone with half a brain can deduce why Greece and Cyprus were admitted to the EMU. Will the Ukraine become a bigger fiasco? Rumor has it that Ukrainians have a greater fondness for corruption, crime, welfare than PIIGS. I'm not qualified to judge, but the available evidence is daunting.

Wed, 03/26/2014 - 11:36 | 4593938 dogismycopilot
dogismycopilot's picture

EU and IMF white slave traders and organ traders are going to make a killing this winter...literally.

Wed, 03/26/2014 - 12:04 | 4594064 Debugas
Debugas's picture

Shell has come to Ukraine and will frack it all over starting with Donetsk region

http://inagist.com/all/448484420098740224/

Wed, 03/26/2014 - 13:12 | 4594368 walküre
walküre's picture

There is lots of potential in Ukraine. The Putinistas here really think none of this would have materialized if the Ukraine hadn't ousted Yanu? Russians wanted Crimea and got it. They may want to take more with another fake "referendum" that's pulled out of Putin's ass. Here we know elections are rigged when Bush or Obama gets a slim majority. In Russia, Putin is elected President for Life and the clowns here all think that's wonderful and legit. I don't get it.

Wed, 03/26/2014 - 12:07 | 4594083 Fix It Again Timmy
Fix It Again Timmy's picture

Candy Crush will donate 25% of its profits to the Ukraine, to help the Ukrainians....

Wed, 03/26/2014 - 12:37 | 4594192 SpanishGoop
SpanishGoop's picture

The shelf life for milk in the Ukrain will be more than 2 months after they join the EU.

 

Wed, 03/26/2014 - 12:42 | 4594233 tony wilson
tony wilson's picture

damn you all to hell.

we the rite sector free jewish nazi of kiev have books to burn.

much many old museums and fashioned furniture for woods.

  yulia yulia is working on showers and cookers for the millions of local russians to burn.

this will provide warmth and plenty of gold teeths

are giant cabbage patches with cabbages on will provide us with cabbage steaks,cabbage vegatables and cabbage desserts.

cabbage tea and coffee.

looting and mass rape will provide the bouncy bouncy fun release

today are nazi leaders  are being killed one at a time but i predict much more fun

before this 1000 year reich has run.

Wed, 03/26/2014 - 13:16 | 4594382 walküre
walküre's picture

Dude, the gulags are in Siberia. Your pal Putin has a direct line to the gulags and sends anyone who doesn't worship him straight there. Your schtick is getting old. Try supporting Kim Jong Un for a change. He desperately needs your help in the PR department.

Wed, 03/26/2014 - 13:42 | 4594473 silvermail
silvermail's picture

Dude, Gulag - it is over 800 FEMA camps that was built throughout the U.S., are your employers from WH.

Wed, 03/26/2014 - 14:07 | 4594613 walküre
walküre's picture

You seriously want to compare FEMA camps to the Gulag? All FEMA conspiracy is hyperbole until proven fact. May that day never happen.

Wed, 03/26/2014 - 15:11 | 4594979 silvermail
silvermail's picture

What prevents me say that FEMA is Gulag camps, if you can argue on behalf all of the Russian emigrants and even on behalf of Putin?
You can read thoughts from a distance? You should go to a circus act with such tricks, but not take part in political discussions.

Wed, 03/26/2014 - 14:04 | 4594597 Volkodav
Volkodav's picture

useless talkings...get your head checked

Wed, 03/26/2014 - 14:09 | 4594619 walküre
walküre's picture

there are no camps or gulags in Ukraine - fact

all of Putin's real oppostion is eliminated - fact

Wed, 03/26/2014 - 15:15 | 4594998 silvermail
silvermail's picture

Dreamer and storyteller, have you ever seen the "real opposition to Putin?" Give me one name of this mythical "real opposition", so I can laugh.

In Russia now not present any patriotic opposition.
In Russia now is only people, who call themselves " opposition", but in reality, they are only paid agents of Washington and nothing more.
If tomorrow , they will receive instructions from Washington about how to kiss ass Putin , they will kiss Putin's ass , strictly following the instructions of their masters from Washington.

You know the difference between the concept of "opposition" from Pontius "fifth column" ?
Opposition - is primarily patriots of their country and their people , who want to make life better.
The Fifth Column - is primarily mercenaries who receive grants and instructions for their subversion anti-people and anti-state activities from abroad.

I repeat, in Russia today, there is no opposition , there is only the fifth column of Washington.

Wed, 03/26/2014 - 13:17 | 4594388 ZeroFreedom
ZeroFreedom's picture

Can Ukraine barter all their naval ships that Russia just took. Would call it even and start over. Gas for ships and land.

Wed, 03/26/2014 - 14:11 | 4594630 Volkodav
Volkodav's picture

Vineyard of the Saker: Analysis of factions and similarities to the 1917.

http://vineyardsaker.blogspot.com/

Wed, 03/26/2014 - 14:18 | 4594671 Sizzurp
Sizzurp's picture

Sometimes cutting off a country's energy supply leads them with no choice but to fight.  At least that's what Japan did.  Putin is playing his energy card, but if he pushes too much, he may get more than he bargained for.

Wed, 03/26/2014 - 15:17 | 4595014 silvermail
silvermail's picture

Oh yes, this is a very brave decision - to fight against Russia without fuel.

Wed, 03/26/2014 - 16:29 | 4595489 Volkodav
Volkodav's picture

useless talkings

enjoy your downvotes

Wed, 03/26/2014 - 14:33 | 4594758 kenezen
kenezen's picture

Dear Ukraine. You created an illegal revolution in getting rid of a nasty dictator who happened to be legally elected. (Something Obama should seriously dwell upon)  Then you had the nerve to object to an Independent territory called Crimea under a separate Constitution taking a legal vote (Unlike You Guys) and 97% agreeing to separate from your ugly asses!

Have a nice day

Crimea!

Wed, 03/26/2014 - 15:22 | 4595043 silvermail
silvermail's picture

It's not Ukraine created this ugly revolution. It was created of group of criminal insurgency, with support and funding from Washington.
Believe me, the majority of Ukrainians against this  fascists junta. For this reason, the fascists are afraid of a referendum.

Wed, 03/26/2014 - 15:01 | 4594941 rosiescenario
rosiescenario's picture

....and I had been worried that our LNG industry might not be a growth opportunity. Dumb me.

 

We (big oil) ship them LNG at about a 100% price premium from what they used to pay and then we (us tax payers, that is) "loan" them money so they can pay their bill to big oil, which then makes the "correct" political (and other) contributions to keep the D.C. wheels greased.

 

There is a certain symmetry to this that is quite appealing, if you are at the top.

Wed, 03/26/2014 - 15:05 | 4594960 Itchy and Scratchy
Itchy and Scratchy's picture

Will they still get a free furnace filter?

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