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Putin's Crimea Bonus: Vast Oil And Gas Fields
Crimea's secession to Russia - and Putin's gracious acceptance of their request for annexation - has focused all eyes on the peninsula's landmass and rolling tanks; but, as we have noted previously, NY Times reports that when Russia acquired not just the Crimean landmass but also a maritime zone more than three times its size with the rights to underwater resources potentially worth trillions of dollars. It's all about the resources as we have noted previously but Russian officials are quick to play this down, "compared to all the potential Russia has got, there was no interest there," but as one analyst noted, Russia’s annexation of Crimea "so obvious" as a play for offshore riches. No wonder Putin is happy to take on the 'burden' of Crimea.
Donetsk's huge shale fields... And as other regions in east and south Ukraine follow in the Donetsk' footsteps, assuring Russia a land connection to Crimea and cutting off Kiev from the Donbas industrial zones and the Slavyansk shale gas, Putin wins again.
And, as NY Times notes, Crimea's offshore resources are a dramatic bonus...
As NY Times reports, when Russia seized Crimea in March, it acquired not just the Crimean landmass but also a maritime zone more than three times its size with the rights to underwater resources potentially worth trillions of dollars.
Russia portrayed the takeover as reclamation of its rightful territory, drawing no attention to the oil and gas rush that had recently been heating up in the Black Sea. But the move also extended Russia’s maritime boundaries, quietly giving Russia dominion over vast oil and gas reserves while dealing a crippling blow to Ukraine’s hopes for energy independence.
Russia did so under an international accord that gives nations sovereignty over areas up to 230 miles from their shorelines. It had tried, unsuccessfully, to gain access to energy resources in the same territory in a pact with Ukraine less than two years earlier.
“It’s a big deal,” said Carol R. Saivetz, a Eurasian expert in the Security Studies Program of the Massachusetts Institute of Technology. “It deprives Ukraine of the possibility of developing these resources and gives them to Russia. It makes Ukraine more vulnerable to Russian pressure.”
Gilles Lericolais, the director of European and international affairs at France’s state oceanographic group, called Russia’s annexation of Crimea “so obvious” as a play for offshore riches.
In Moscow, a spokesman for President Vladimir V. Putin said there was “no connection” between the annexation and energy resources, adding that Russia did not even care about the oil and gas. “Compared to all the potential Russia has got, there was no interest there,” the spokesman, Dmitry Peskov, said Saturday.
...
As for oil extraction in the newly claimed maritime zones, companies say their old deals with Ukraine are in limbo, and analysts say new contracts are unlikely to be signed anytime soon, given the continuing turmoil in the region and the United States’ efforts to ratchet up pressure on Russia.
“There are huge issues at stake,” noted Dr. Saivetz of M.I.T. “I can’t see them jumping into new deals right now.”
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We got the lucrative wheat fields of West Ukraine. Wheat up 20% this year.
France’s AirBus, according to the WSJ, has started lookin’ for another source of titanium, in case of further sanctions against Russia.
They must’ve read my post from a few days ago ;-)
http://www.zerohedge.com/news/2014-05-08/russia-says-forced-respond-warns-sanctions-not-our-method#comment-4739876
Looney
Dont worry Biden Jr. has it covered!
I can see Russia from my house and um, drill baby drill!
So Putin got tangible assets, and all America got was 33 tons of Ukraine's barbarous relics...
No wonder the USSA is so anti Russian: Putin took away their opportunity to steal the bulk of the formerly Ukrainian Oil and Gas resources. They will have to settle for financially supporting the freaks running Kiev.
BTW, Russia did not annex the Crimea. The Crimeans, majority russian, part of Russia for hundreds of years, voted to join Russia. They did not want to be ruled by an illegal government in Kiev and did not want to be IMF'ed. 5 Years from now, the average Crimean will be far richer than the average Ukie IMF/USSA slave.
Dont worry Biden Jr. has it covered!
1) The Wheat is in the south central and east. Most of the overall agriculture is in the south and east. The west is forests.
2) "In Moscow, a spokesman for President Vladimir V. Putin said there was “no connection” between the annexation and energy resources, adding that Russia did not even care about the oil and gas. “Compared to all the potential Russia has got, there was no interest there,” the spokesman, Dmitry Peskov, said Saturday."
Frankly this is credible. NYT notwithstanding, these gigantic oil and gas fields so frequently ballyhooed may not be there. In fact, the odds are against them being there. Chevron and Exxon have expressed interest in some exploration. Nobody knows if anything is there.
Google Exxon and Poland shale oil. They pulled out last January. There's nothing there.
3) This perpetual stream of bullshit about this gigantic oil or gas field and that gigantic oil or gas field almost always have no basis. And don't point at NoDak and EagleFord as what technology can do. Technology didn't do shit. Price did. If the price of oil were $50 not a drop would be coming from there.
I agree. IF there really was that much 'potential' oil and gas, we'd (read the west and it's corporate goons) have popped that mother open years ago and Ukraine wouldn't be piss broke buying oil from RUssia in the first place.
Actually this isn't quite true. The resources were never developed because the Ukrainian Oligarchs preferred to resell Russian gas to Ukraine consumers, taking a big cut, than take development risk. Ukraine is poor because the Oligarchs have asset stripped the coiuntry for 23 years.
The Russian can look at Ukraine and its oligarchs and thank Putin for saving them from the same fate. Putin took most of the oil resources back under state control and used the 500billion to rebuild Russia
we'll see how long the sanctions hold once the "EU-covery" starts to stall should be interesting when the NATOTARD dummies start to bitch slap each other ....... more cookies Vicky??
Oy? ;-)
...We got the lucrative wheat fields of West Ukraine.
Who are "WE", if you don't mind my aksin'? ;-)
Looney
The US Taxpayer...the greatest force for good the world has ever known. That's who.
Who are you if you don't mind me axin?
@zirpedge: That doesn't make you sound like an indoctrinated nazi state paid government goon at all.
/sarc
Well Moldova certainly has very good farmland and its in the west. Also they make some of the best wines in the world.
Not really man. West is mostly just beligerent nazi hicks. Good stuff if you want a violent revolution, otherwize useless.
Zirpedge: How feeble minded does one have to be in order to spout nonsense like that? It is up due to the fact that Ukraine is one of the major bread-baskets outside the United States - alongside the mid-western droughts that have been ongoing - has became a huge supplier for the world market and whose production is in jeopardy due to the CIA backed coup in Kyiv. You are either cynical or ignorant - I vote for both.
How feeble minded does one have to be in order to spout nonsense like that? It is up due to the fact that Ukraine is one of the major bread-baskets outside the United States - alongside the mid-western droughts that have been ongoing - has became a huge supplier for the world market and whose production is in jeopardy due to the CIA backed coup in Kyiv. You are either cynical or ignorant - I vote for both.
Yep last time I checked the Ukraine has no problems with adequate water. No drought there.
Obammy, you have been schooled!
The prefered technical term for that is "pantsed"...
..... that's gotta hurt...... watching Oreo and the other 'bumblers at work is getting painful ....... but it helps me laugh..... so meh..
Bonus!
checkmate is more like it
No way Russia was going to let that go, besides the Black Sea port.
Without Crimea, Russia's strategic position vis a vis the USSA would have been severely weakened. With Crimea, Russia controls the Black Sea and protects their most important warm water port.
It also keeps the USA Navy out of its backyard and it would of been very insulting to see foreigners parking their ships in Sevastopol.
Amazing. In a room full of whores, Putin finds a virgin.
Best quote of the day wahoooooo
The Romanians have another virgin right off their shore, they had a big gas field discovery, not to mention their virgins on video chat are nice too lol
"potentially worth trillions of dollars"
that's yen and rubles now, pal
Ouch!
Putin is also drilling in the Arctic and exploring more options there. Russian critters will not get in his way...
US shale sources will rollover and oil production in the US will soon resume its normal, natural decline.
Russia . . . has a lot more geography. They are going to last longer.
That arctic shit? It ain't gonna flow at $100/barrel. You want that to flow, you'll pay $175.
i've figure north of 150 in five years or less and new reserves will be tapped...
figure by then the petro / dolla will be crumbled and we special mericans will be
taking a line of credit to fill the suburban, (we deserve), cause of all the super fat asses
that need big fucking vehicles. hear a special commuter pick-up is available with over loads on the drivers side only!
keep er riden level...
See, here's the danger.
There is no law of the universe that says oil flow has to be linearly related to price.
Meaning, at $90 some fields are worth flowing from. At $100, some more. But there is no law that says there are any at $110, or $120, or $130. You may have to get to $200 before you can get flow from the next additional place.
And just in case anyone had doubts . . . this would be bad.
seriously, i agree, but with debasement, not sure what a dollar/euro yen will be worth. in todays terms, i agree.
also at 100m bbl /day usage, question will be growth, efficiency, substitution, ect. just to many factors, but at 150 shit happens both exploration and demand destruction/econ failure...
There is a further issue.
Oil companies tend to fund development out of current cashflow, As the USSA majors experience declline of current fields they will have fewer dollars to play with and be less able to internally finance capex.
We are in an era of unusually low nominal interest rates. Were rates to return to normal, and the USSA majors to seek external financing, the cost would skyrocket. This would manadate a focus on fields of significant size in order to be assured of return of capital.
The second factor is that on a field with a significant capital investment the tendency is to front end the production as much as possible so as to recover capex as quickly as possible. This is typically seen in offshore wells. Front loading the production curve tens to hurt the resevoir and result in a faster production decline.
There is a field somewhere in Texas ( cannot remember it now ) that was developed by the Mellon interests post WW2. They didn't need the additional money from the field and so they followed an exxtremely conservative production profile. That field is still producing significant volumes today while fields developed later, under a more agressive production profile, are nearing the end of life. The same is also true of the Ducch gas fields which have been produced on a conservative basis will the adjacent UK gas fields were produced mush more aggressively and are now end of life.
This is a study in dumbness ... How can so many people in our Fereral Government be so stupid. One would think that when their average salary is twice that of the general public it would be really hard for them to be that inept
Good question. We should should have government committee study the issue and make recommendations.
Perhaps Russia will be so kind as to give the US back the $5 billion it spent stirring up the shit in the regioin.
How's that whole NATO expansion thing working out, Neo-Cons?
Downarrow for incorrect terminology.....these people are not conservatives, they are communists....NeoCOMS
That's why they have "neo" slapped in front.
What is conservative about them? They are communists, the prefix neo is not relevent.
The term was coined by the Socialist Semite Democrat Media.......only dooshbuckets don't realize that their job is lying about conservatives.....
Nobody lies as much about conservatives as the neocons.
More like ex-trots.
Other important consequence of owning those water rights they can build southstream pipeline outside of Turkish and Ukrainian water rights now cutting them both out of the fold.
Putin's Crimea is surrounded long term by the Ukraine and a US base in Odessa unless he moves to checkmate this US invasion - sooner or later they are going for Russia if they have the eastern border with Fascist Ukrainian troops outfitted by NATO
his actions have changed measurably in the last two weeks - the locals need support in the east and they are not getting it
Bring in the chinese for a piece of the action and start the chaos
Good points, but I think Putin is playing this for the long term. And in the long term the U.S. is looking mighty bad.
I agree. Putin got what he wanted. OR he got what he wanted bad enough to straight take it. IF East Ukraine leaves the rest of Ukraine it's hard pressed to see if he is willing to take on that shit hole. The only part of the nation worth fighting for (to Russia) was the warm water port and the open sea lane.
I think your wrong both on how US looks and Crimea prize
Long Term defense of russian border is extremely difficult once NATO is armed and ready these Fascists will do anything for a buck they have no other choices and the US has money enough to take all of russia
this property is the last stand to protect the buffer!
I still don't see Russia annexing east Ukraine. If it's an independent nation that's good enough for Russia. Why take on the social and economic risk of east Ukraine? Why not support it as puppet state from a distance? Cheaper, safer, and you get to deny having anything to do with whatever spillover happens to roll out of the area.
Yep, that's always been the Soviet model.
Omen IV, if the USSA overtly attacks Russia, Washington will disappear in a mushroom cloud. There is no win/win for the USSA.
Energy, what the West wants and the East is trying to hang onto, has always been a secondary issue in the Ukraine crisis.
The dreams of Brzezinski, Kissinger and Rockefeller have always involved the systematic domino capture of region after region leading to world government.
Now, finally, the West vs the East settles on the old battlefield: Ukraine. The echoes of German Panzer divisions and the ruthlessness of the Red Army, the Stalins, Khruschevs, and the struggles, now boil down to an ethnic last stand of the people against the enemy they’ve always faced – the bankers, a.k.a. the Bolsheviks.
Only this time, it’s different. Because on the border of Ukraine stands a Christian strongman who from all appearances is what good princes of the old days were made – a love for and loyalty to their people.
Would that Americans had a leader, just one, who would stand for her people against this relentless drive for world domination by a superclass of oligarchs that leads, ultimately, to slavery.
And, btw, the two reasons Russia needs Crimea is for a warm water port on the Black Sea, but the more important reason is to keep Ukraine from becoming a NATO member and putting a NATO base in Crimea on the edge of the Russian border. In short, it is to stop the West’s relentless drive up to the Russian border. As Brzezinski put it during April’s Atlantic Council meeting, Putin’s opposition to the effort of the encroachment of the West is “the most important challenge to the international systems since the end of the Cold War.”
Not sure if you're waxing poetic, or just waxing your monkey. What this mouthful of shit must have tasted like as you expelled it into the world I can't imagine.
Because on the border of Ukraine stands a Christian strongman who from all appearances is what good princes of the old days were made – a love for and loyalty to their people.
Good lord, you had all that cock down your throat right there huh?
GOD made you a Moron - you have no choice in life!
The naivete is breathtaking!
this land is the buffer which will decide world history for hundreds of years which is why Rockefeller wants it before he dies
there are 1,000 generals who want to be the guy who bested Hitler and Napoleon on the march to Moscow and took it !!!!!!
Some of what you say I agree to. But Christian strongman? That was a mouthful of Putin cock and nothing more.
By Christian strongman does he mean the same Putin that visited his monastic Brothers on that remote island Valaam before deciding on the Russian direction in the Ukraine?
He went there for the whore's I suppose.....
Putin and Obama are not on the same level of leadership, neither in governing nor in Christian beliefs.
Putin’s ideologically is based on “a long-standing, deeply rooted Russian nationalist ideology, one closely bound to the Orthodox Christian faith,” according to the report, “Ideology Underlies Opposition to Putin.”
The war between Putin’s Russia and the West, says Pat Buchanan in "Christian Russia vs. Pagan America," is not with rockets. It is a cultural, social, moral war where Russia’s role, in Putin’s words, is to ‘prevent movement backward and downward, into chaotic darkness and a return to a primitive state.’
“In the new war of beliefs, Putin is saying, it is Russia that is on God’s side. The West is Gomorrah.”
“This writer,” says Buchanan, “was startled to read in the Jan-Feb. newsletter from the social conservative World Council of Families in Rockford, Ill., that, of the ‘ten best trends’ in the world in 2013, number one was “Russia Emerges as Pro-Family Leader.”
“In 2013, the Kremlin imposed a ban on homosexual propaganda, a ban on abortion advertising, a ban on abortions after 12 weeks and a ban on sacrilegious insults to religious believers.
“’While the other super-powers march to a pagan world-view,’ writes WCF’s Allan Carlson, ‘Russia is defending Judeo-Christian values. During the Soviet era, Western communists flocked to Moscow. This year, World Congress of Families VII will be held in Moscow, Sept. 10-12.’
“Will Vladimir Putin give the keynote?...
http://www.lewrockwell.com/2014/04/patrick-j-buchanan/christian-russia-vs-pagan-america%E2%80%A8
rubbish.
while i have vastly more respect for putin than obama, to say that putin's direction for russia is "pro-family" is a wild exaggeration.
there is nothing "pro-family" about being anti-gay, anti-abortion, or pro-censorship.
have whatever beliefs you like but don't try to force them on other people.
it's no good for one man to impose his will on others, tell others what type of family structure they ought to have, what they can say, etc.
whenver one man imposes his beliefs on others through force of arms, he should properly be regarded as an enemy of the people, an enemy of freedom, an enemy of humanity.
Interesting read here from David Malone
http://www.golemxiv.co.uk/2014/05/british-interests-ukraine/
Yes: As one reader said: “Great detective work David, follow the money. Heavy research involved of course. As usual the Tories are neck deep in it."
Excerpts:
“What we are looking for are ‘unofficial groupings’ of wealthy people, in close association with those in political power, who together have access to money and either the official or the less official organs of State power. Such groupings are not illegal and to find them does not indicate any wrong doing. But I think it is always prudent to know about them because when power and wealth do associate too intimately it is always a danger…
“The British position has therefore been a balancing act. They were well integrated with Yanukovych and his wealthy protectors and thus not keen to see him go, but when he seemed to back off from cooperation with Europe in favour of Putin’s Russia they might well have thought it better to look for a new man. And of course the American’s had already chosen one in Yatsenyuk. Among the Europeans the Germans and Austrians would have had to tread very carefully in any meddling that might upset Putin. My reasoning is the delicate position of German and Austrian banks in regards to Russian and Turkmenistan Oligarch money.
“Nevertheless there has been a lot of meddling in Ukraine – from all sides. Within the Ukraine, the clan which Yanukovych’s refusal to sign the European accord, would have hurt most was the large, rich and powerful Donetsk/Akhmetov clan whose businesses are oriented towards Europe. Might Mr Akhmetov have helped or funded a popular uprising that his European and, I suspect, in particular his American friends, would have been delighted with? It would have been in his interests. But again we don’t know. It is another striking coincidence of interests.
“It might be worth noting at this point that Mr Firtash has been arrested in Austria at the bidding of the Americans on grounds of all sorts of alleged economic ‘irregularlties’. While Mr Akhetov has remained at his ease. My oligarch is a business genius. Yours is a crook.”
British interests in Ukraine – a very British clan?
“It was with this picture of Ukrainian economics and politics in mind that I wondered what interests my country’s wealthy and powerful ‘clans’ might have in Ukraine. If indeed we could be said to have that sort of ‘clan’ at all. I leave it to you to decide the answer to that question. Here is what I found.
“You might not know it, I didn’t, but there is a British Ukrainian Society (BUS). Its aim, to ‘strengthen relations’.
“It turns out that its board is just full of interesting people: Lord Risby, Lord Oxford , Robert Shelter-Jones, John Wittingdale MP, Baroness Smith of Gilmorehill and Mr Anthony Fisher…”
And so it goes… What a story! Thanks!
http://www.golemxiv.co.uk/2014/05/british-interests-ukraine/
“Oh one last thing – Lord Risley is not only a member of the British Ukrainian Society but also of the British Syrian Society. Two countries where we are involved in changes of regime and both central to struggles over gas and gas pipelines.”
Big deal! Kiev got Chernobyl which will require 30 billion dollars of maintenance over the next 10 years...
that is, unless, they let it rot.
don't be surprised if they do.
Expect ANGRY Ukrainians to be exporting Chernobyl Fuel Rods and waste into Russian towns and cities as part of the compensation payback package from Russia for the unpaid bill for Russia's rental of Crimea.
Studying Russian history is such a "horror show". If there were ever such a thing as collective guilt, they would owe their very lives for 2 generations to repay it.
(Luckily, there is no legitimate thing such as "collective guilt".)
Claiming that Russians committed every crime in human history, in order to get away with your actual crimes? Does it work?
It is doubted that people have ideas on the depth of the hatred toward humanity Ukrainian Yatzi Junta Citizenists have...
That is deeply ironic coming from you.
Yeah -Ukranian intelligence is swift enough to smuggle spent fuel rods over the border to Russian towns. With the help of the CIA and Mossad they could likely smuggle over forged documents - like the forged uranium Saddam trid to get from Niger.
Exporting lol, I dont think they would survive the radiation exposure, just look at those guys who were out there on the rooftop for just a minute at a time to clean up the fuel rod remnants, most of them are dead.
Your right, it will be a challenge but the underdog is often ingenious and cunning.
Speaking of the dead, Mother Russia has much to answer for.
Whenever I read about the DC US' "cookie coup" in the Ukraine and Putin, I always feel like I am watching a game of chess by a very good player against a very bad player. You can almost see the "good player," Putin, backing off some to at least try to extract a little enjoyment, if possible, from the game.
Just redonkulous.
Exactly! Russia is trying to protect its border. It’s trying to protect its interest. And the world sees this. And, btw, NY Times, those people in Crimea are Russian.
What is John McCain doing there, for Heaven’s sake? He’s a U.S. senator representing Arizona! What is he doing in Ukraine of all places? Is he fact-finding?
As former Rep. Ron Paul said, What are we doing there (knowing of course why we are there and it is not pretty)?
And the people of Alabama are Confederates. And the people of China town are Chinese. Large parts of Russia are Mongolian and Chinese speakers and land holders.
Sure, they can claim to secede, but then they have to take a bullet to the head for that to really happen. Which of course means they die.
Crimea will never really be Russian Territory. Right now it is just in limbo. A drag Queen like Putin cannot possibly hope to hold that territory. Czarina Vladima is right now trying to find a way to gracefully back out and save face. Russians will be paying the price for his impulsive error for decades to come.
Always someone else the culprit when a Ukrainian Yatzi Junta Citizenism citizen is the guilty one.
Funnily enough, as Ukrainian Yatzi Junta Citizenism citizens are bullies, and that bullies never factor their own acts of aggression, only the retaliaton to them, it leads to a huge blindspot in terms of human rights violation.
And who is going to pry Crimea away fom Russia, no victum? You and your hasbaras? Crimea is majority Russian, and has been part of Russia for hundreds of years.
Knowing who you are, I take comfort in your post since the opposite must be true. It makes me feel good to read how upset and angry you are, writing this drivel.
@NoVictim: "And the people of Alabama are Confederates."
-------------
Yes, we are as a matter of fact.
The State of Alabama paid widows of Confederate veterans a pension through the 1920's.
The State of Alabama offers Sons of Confederate Veterans license plates. I am a member.
The people of my State seceeded, fought and died resisting Federal tyranny. My great great grandfather was captured at Fort Morgan, Alabama and was imprisoned at Elmira, New York.
There is a massive Confederate battle flag flying along side I-65 near exit 205 on the way to the beach.
The State of Alabama to this day funds the Confederate Memorial Park and maintains the Confederate cemetary.
April 28th is a State holiday - Confederate Memorial Day.
June 2nd is a State holiday - Jefferson Davis' birthday.
Maybe the next time you open your big, fat stupid fucking mouth you might want to make sure you know what the fuck you are talking about.
Pay your Federal taxes, don't mistreat your citizens, and follow Federal laws when they apply to you and you can then call yourself Martians for all the rest of us care.
...and fly the Martian flag on your state house if your dimwitted voters so choose. In fact, that might be one of your states less stupid moves, come to think of it.
Otherwise, we'll have to drop in on your state and kick your asses once again. You don't want us planting our size 14 extra wide boots up your rectums again, trust me on this.
"Is he fact-finding?"
No, he's fact-destroying.
Obama's not a "player" at all. he just reads a script. Competing committee's of Oligarchs make his decisions. it's all a game to them. A minor move in their own game amongst themselves- if it were a major decision, the Oligarchs (Elder's of Zion types) mnight actually delegate such decisions to someone who could actually play chess. delegating to controlled fools like Nuland does nothing but embarras the US. Until then -Putin is master of this dispute. That is obvious.
They may not "need" the assets, but it does keep them out of the hands of the EU.
So what? Here in the US, we can squeeze oil from solid rock and sand at a faster rate and with less effort and environmental impact than any drill and pump operation in Crimia could. That's right, the US is a net oil exporter, bitchez...they said so on CNBC!
~Idiocracy II: Reverend Upgrayedd's Ministries
If you don't count the imports, then we are a net exporter of energy. There are a number of reasons why most imports should not be counted on official US government statistics. National Security is just one.
russia's economy is in contraction. they can only grow by annexation. if the price of oil goes down, Putin will face internal dislocation!
If the price of anything goes down -the US (biggest debtor nation in History) faces contraction.
"As NY Times reports, when Russia seized Crimea in March blah blah."
Did I miss something? Did Russia really "SEIZE" Crimea?
I could have sworn Crimea voted to secede from Ukraine and rejoin Russia.
yeah, you missed a lot.
but just to start you off.. before the referendum, russia had occupied and removed ukrainian military from crimea and had prevented observers from entering crimea.
smart move by Putin. Amamzing what you can do when you have support of the people-in this case-the Crimean people.
What you miss is your Big Mama Russia shaking her big tits in your face and spraying milk in your mouth.
Is Princess Putin's hairy, little dingle really a great substitute for you?
A sure win in confusion land. And a clear attempt to avoid discussing the reality.
Ukrainian Yatzi Junta Citizenism is usually comorbid with confusion due to the total propagandic immersion.
hang the US Mainstream Government controlled Media
I do not believe for one instance that hydrocarbons were the reason Putin came to the aid of Crimea.
Putin did it to protect the Russian people there and for nothing as crass as money.
Putin love the people, he is special, not like the rest of the leaders in the world.
He is a man of the people for the people and only wants freedom for them.
/s
Well, you may be right or your views of Putin might be a tad OTT. Nevertheless, there are very many people rooting for Putin, not because they are secret socialists or necessarily agree with his politcal style or practices, but because he is standing up to the West and its fascist ideology and is helping to create a multi-polar world. That would be the best for people everywhere in place of the corrupt uni-polar world that we have been subjected to since the end of the USSR. It is only the West that is trying to prevent this development.
Putin is just like the west, only his empire lost to the west already. That he hopes to do it all over again is asinine. That so many people believe he has any real chance of 'winning' anything other than small, short term, fairly meaningless victories is less than cute.
Mind you I'm not saying this because I believe in the west's cause, or am some kind of true believer looking to follow my leaders into the breach and defeat the evil blah blah blah... I'm a realist, and Putin is out gunned, out monied, out tech'ed, and simply out of his league. Even China knows this and is making him cut a pound of flesh from his gas deal.
Russia is weak and lashing out at best. At worst, it's mostly political theater and Russia is in on the deal. Likely to trade parts of Syria later.
..yea, for the people..thats the reason every leader does anything.. All hail putin, protector of the people!
putin wanted to shake his balls at ukraine, the eu and us. and he did. thats why his public rating soared and his population will keep him power. and the reason why his billions will multiply a few fold in the upcoming years.
balance of power...the way humans can live peacefully for a few moments...
it was sarcasm....did you miss the /s?
Russia will need to pay rent for this illegal use of the land as well as market value plus a fine for the theft of any natural resource extraction in or around Crimea.
This is a game Russia cannot win. Princess Putin should be fired.
It makes the question delicate to answer at this point because as so many things with Ukrainian Yatzi Junta Citizenism citizens, it relies on fantasy.
I think he should charge Kiev for back rent since it was a Ukrainian Soviet leader that gave it to Ukraine 60 years ago.
You sound like DisabledVet - talking meaningless shit that has no resemblance to reality.
So far I see Putin holding the land and the oil - and paying virtually nothing in the way of the heavy price promised by your black Jesus.
It's only a game and we have connect 4 wizards from the west playing chess masters from the east.
Crimea is military strategic and Putin will enhance it by turning it into an economic and high tech base. Embellish it with hotels full of sun recliners for the Russian population to spend their holiday money 'onshore' instead of the Med and the south of France and you can understand the wests puppet masters anger.
Russia will always be the number 1 target of the international bankers as they do not play ball and haven't since they parked their boats off the US coast in the 19th century. The fact they have now gone full orthodox will have the London and Tel Aviv boys doing whirling dervishes !!
Phase 2 of the opp will be with us shortly in the week after the no show of the eastern oblasts rejection of the the national referendum. God help the Kiev brigade and the western multinationals who do business with them, the usual US agrobusiness brigade and junior oil companies dealing with the junta as Russia will wash their hands of them permanently.
What goes around will come back and bite you in the arse, the bankers who put the Bolsheviks in place will be rolling in their graves. The scripts are getting poorer and the actors more obvious in their desperation. In tha light, wo we should soon see Brad Pitt in another Hollywood blockbuster a la Ukranian Inglorious Bastards featuring Non existent Zionist superheroes in full fiction sometime in 2015 to help reprogram us all into better understanding the message !!
please. post.. more. comments.
So, when you consider that it's taken more than twenty years for Russia to (ALMOST) straighten out and formalize it's borders with other former soviet republics...
Well, we'll have fusion reactors before they have wells off of Krim...
The US has not just shot itself in the foot but has clearly blown it off.
The ill inspired move to support the Fascists in the east has clearly resulted in the loss of territory and a strengthening of Russia's hand.
As for sanctions, we may well be seeing the creation of a bi-polar world where each half trades only with its own partners and everything outside the circle will have to be paid for with real assets such as oil, gold and foodstuffs.
the first big dollar rejection. once these new fx chanels are in place, well bye bye petro dolla. who is next that good ole uncle sam has pissed off by pissing on them?
They could piss off Alaska. You can make an argument that the 1867 anti-semitic Tsarist regime's sale of Alaska to the US was illegal because they were persecuting the jews. Alaskan's in due time -just may agree.
LMFAO!!!!!!!!!!!!!
Yeah riiiiiiight!
the oil can be replaced but the water cannot
look at the map
unfettered access to the black sea given chockpoints on the baltic is key for survival
To extract a hypothetical trillion of hydrocarbons from the bottom of the Black Sea, the Russkies will need half a trillion to develop the field, build rigs and pipelines. Money which they don't have. They can certainly ask Chinese to develop these fields, but that will give China even more leverage in negotiating. China has plenty of gas supply now. They don't need Russia anytime soon. It's Russia that desperately needs china. here and now.
Made me laugh. Ukrainian Yatzi Junta Citizenism has really destroyed the capacity of thinking. It is really something that should be studied in depth.
<---Stooge is a BOT.
<---Stooge is just unimaginative.
Ok Stooge, are you a bot or not? You made this exact same reply as well as others in past comments.
It is VERBATIM the same message.
not a bot. http://www.zerohedge.com/search/user_comments?name=TheFourthStooge-ing
Welcome to reality for the Ukrainian Yatzi Junta Citizenism citizens subgenre known as the Banderastanis.
All in all, an entertaining read. Banderatards and their cult of personality disorder. Just waiting for the proper leash collar size to fit their neck.
Stooge you are full of shit, what the fuck is yatzi junta, the government was voted in. Russians had a choice of Putin or Putin for an illegal third term. The Russians themselves will push him before he jumps. The only fascists in this part are based in Moscow. Get out there and get a life.
And as for the Crimeans voting for annexation ? Yeh 15% of the population voted out of 59% of Russians, Ukrainians and Tatars did not vote as they did not recognise the BS
.http://www.washingtonpost.com/news/volokh-conspiracy/wp/2014/05/06/russi...
Nah you cant believe that, can you.
No. The current situation does not allow to draw that conclusion.
Ukrainian Yatzi Junta Citizenism citizens should bear with their own history or provide quality propaganda to cover their blatant lies.
Phuk, Stooge is a Russian nationalist...he loves Russia so much he is blinded to reality.
You will never truly get through to him on this. He thinks Russia is the underdog and so it is allowed to use dirty tricks and criminal maneuvers.
Love makes him blind.
You moron,
Russia has cretins knocking on their doors, from EU and from US, who want to develop those fields and sell the energy to stupidos in EU.
the names of the cretins are: Exxon, Shell, BP, TOTAL.
They have to pay, what you mentioned. Russia will collect 50% just sitting there. Means, the cretins will only have to invest and get 7% for their shareholders. End of the story.
US gov are just morons. Why do we keep them?
Is that an oops? Did Ukraine even try to develop these resources for themselves thereby generating massive revenues to better influence the ethnic Russian regions?