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Ukraine Prepares To Impose Russian Gas Transit Ban, Commit Economic Suicide

Tyler Durden's picture




 

While Ukraine has long since ceased being a customer of Gazprom (for the simple reason being that it can't afford to pay for historical gas purchases let alone future ones, and with a long cold winter just 3 months ahead, Kiev is praying that its brand new Western "allies" will give it the loans it needs to buy Europe-sourced gas), the bulk of Russia-sourced gas into Europe still transits through Ukraine.

Not surprisingly, Ukraine correctly understands this is the last trump card it has in any negotiation with the west, or the east. It is this trump card that went into play moments ago when Ukraine's Prime Minister who recently resigned and whose resignation was not accepted, said that Ukraine is considering banning the transit of all Russian "energy resources", i.e. European gas.

More:

Ukraine ready to impose sanctions against any transit via its territory, including air flights and gas supplies to Europe, Prime Minister Arseniy Yatsenyuk said Friday. Ukraine's Parliament will vote on the sanctions on Tuesday. Kiev has also prepared a list of 172 Russian citizens and 65 companies predominantly Russian to put under sanctions for “sponsoring terrorism, supporting the annexation of Crimea, and violating the territorial integrity of Ukraine,” Yatsenyuk said at a briefing on Friday.

 

Proposed sanctions include asset freezes, bans on certain enterprises, bans on privatizing state property, refusing to issue licenses, and a complete or partial ban on transit- both aviation and gas.

 

We simply have no other choice,” the Prime Minister said, adding that Ukraine will use part of the $17 billion IMF aid to achieve energy independence, and may go to the World Bank for help.

 

Ukraine wants to “put a stop” to its gas dependence on Russia, its main source for energy to heat homes and buildings, but understands it will not be an “easy” process, Yatsenyuk told reporters.

 

The Prime Minister estimates Ukraine could stand to lose $7 billion as a result of imposing sectorial sanctions against Russia, its biggest trading partner after the European Union.

 

“There is no doubt that Russia will continue its course in Ukraine it began a decade ago- banning Ukrainian goods, decreasing cooperation, pressure, and blackmail,” Yatsenyuk said.

 

On Monday the Ukrainian government said it plans to mirror Western sanctions and target Russia’s financial, energy, and military sectors.

 

Ukraine imports nearly 50 percent of its natural gas from Russia, which in 2013 totaled 27.7 billion cubic meters of natural gas.

 

If approved, a halt to Russian gas transit would hit Europe as the continent gets 15 percent of the energy it needs from Russia. In June Gazprom, Russia’s national gas company announced it was stopping deliveries to Ukraine, but would continue to ship 180 billion cubic meters of gas to Europe.

So in summary, Ukraine will destroy its economy, incurring $7 billion in costs, just to spite Gazprom and force Europe as leverage and to escalate the conflict, because without Russian gas Europe is powerless.

Who wins here? Clearly not the Ukraine people, who are looking at not only soaring inflation as Kiev will have no choice but to inflate away this $7 billion loss through "printing", not to mention have a cold winter to look forward to. The answer: Burisma Holdings, where Joe Biden's son is a director and which will promptly commence shale gas exploration as an "alternative" to Russian gas, over the objections of the local people - after all can't let a crisis go to waste.

And who funds all of this? Why you dear US taxpayer, via IMF loans, which will be used to pay for young Master Biden's Christmas bonus!

The only question is whether Europe will merely stand there and wait as 15% of its energy is suddenly cut off (hint: no).

Or Russia for that matter. However, it is here that that other wildcard comes in the play: the South Stream pipeline which bypasses Ukraine entirely, and enters Austria by way of Bulgaria, Serbia and Hungary.

  • TRANSNEFT: UKRAINE'S POSSIBLE TRANSIT BAN WILL HURT EU, UKRAINE
  • TRANSNEFT: RUSSIA HAS ALTERNATIVE ROUTES IF UKRAINE IMPOSES BAN

However there is a big unknown: the Bulgarian government, which has been on the fence whether to support Russia, or Europe's bureaucrats (if not corporations) who want South Stream halted for now as that would mean their entire "investment" in Ukraine has been for nothing. Although should Ukraine truly proceed with cutting off Russian gas transit, Europe will have no choice but to give its blessing to the South Stream. In the process Ukraine will shoot itself in the foot and commit leverage suicide.

And it doesn't even have to be the South Stream. As RIA reports, Russia delivers about 14 million tons of oil to European consumers via the Druzhba pipeline laid through Ukraine. “We can easily divert these supplies to Druzhba’s northern leg in Belarus,” Transneft spokesman Igor Dyomin said. “Ukraine’s sanctions will be directed against Hungary, Slovakia and Czech Republic.”

Lots of moving pieces in the months ahead, and one can be certain that with John Kerry running the show on behalf of the US, things are about to get far worse than they are right now.

 

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Fri, 08/08/2014 - 08:54 | 5064419 Stoploss
Stoploss's picture

LOL!!!

Angie signed off on that???

Fri, 08/08/2014 - 09:03 | 5064488 Headbanger
Headbanger's picture

No but Obongo sure did!

Cause it has to be yet another one of his brilliant sanction ideas.

Fri, 08/08/2014 - 09:06 | 5064512 Tao 4 the Show
Tao 4 the Show's picture

Ukraine refuses to pass gas?

(Watch for really big explosion as the pressure builds.)

Fri, 08/08/2014 - 09:11 | 5064562 jmcadg
jmcadg's picture

Lol. They're past that ... now shitting themselves!!!

Fri, 08/08/2014 - 09:17 | 5064610 StychoKiller
StychoKiller's picture

The stoopid has to gone to ridonkulous speed in ultra-plaid!

Fri, 08/08/2014 - 09:20 | 5064630 Urban Redneck
Fri, 08/08/2014 - 09:33 | 5064709 Latina Lover
Latina Lover's picture

The USSA controllers are very happy to force the Ukraine into bankruptcy to screw Russia, screw EU and steal Ukrainian assets for pennies on the dollar. After all, the Ukrainians and Russians are just animals to be culled on behalf of the plantation owners. 

 

This will not end well for the Ukraine (what's left of it)

Fri, 08/08/2014 - 09:36 | 5064763 Latina Lover
Latina Lover's picture

BTW, if the Ukrainian government wants to self immolate, let them.  It's obvious, however, he USSA controllers would rather destroy something than allow someone else to have it.

Fri, 08/08/2014 - 09:40 | 5064777 krispkritter
krispkritter's picture

Ukrainian Roulette, same as Russian Roulette but you use a semi-auto...

Fri, 08/08/2014 - 10:03 | 5064906 MalteseFalcon
MalteseFalcon's picture

"Europe-sourced gas" = oxymoron

Biden's son is going to produced fracked gas in the Ukraine.  Before this winter?

It's clear the Ukraine (and their backers) are desperate.

Game over.

Fri, 08/08/2014 - 10:07 | 5064924 Occident Mortal
Occident Mortal's picture

This story can't be real.

 

Are the US handing the Ukraine back to Russia by telling their puppets to commit suicide?

 

 

This story doesn't make sense.

Fri, 08/08/2014 - 10:12 | 5064951 macholatte
macholatte's picture

no sarcastic comments from me regarding Biden or his kid cause last time I got censored.  That's right. My comment was removed from ZH. Not a rumor... fact.

Thanks Tyler for being just another NSA pawn.

 

 

Fri, 08/08/2014 - 10:21 | 5065000 Dollarmedes
Dollarmedes's picture

I told you months ago; blow the pipeline. Ukraine's now doing the next best thing.

I wonder how Russia will fare with no fruit, no vegetables and no gas revenue.

Fri, 08/08/2014 - 10:44 | 5065121 strannick
strannick's picture

 

 

And, with its latest greatest and perhaps final act of epic treachery and stupidly, Ukraine manages to piss of both west and east..

Fri, 08/08/2014 - 10:46 | 5065146 BaBaBouy
BaBaBouy's picture

O/T

WOW... HOW LOW CAN THESE FUCKERS GET ???????????????????????

ISIS Now Butchering KIDS...

http://www.dailymail.co.uk/news/article-2719698/President-Obama-authoris...

Fri, 08/08/2014 - 10:59 | 5065238 Keyser
Keyser's picture

You need to ask their minders in Saudi Arabia, Qatar, Israel and the US...

Fri, 08/08/2014 - 11:17 | 5065340 Bollixed
Bollixed's picture

Is Madeleine Albright on the loose again???

https://www.youtube.com/watch?v=RM0uvgHKZe8

Fri, 08/08/2014 - 12:43 | 5065802 Againstthelie
Againstthelie's picture

It's a well planned plot and so far everything is going according to plan, all EU-ZIO-vassals are functioning as expected:

http://rafzen.wordpress.com/2013/12/03/kliczko-lubawicz-kaczynski-and/

Fri, 08/08/2014 - 10:50 | 5065135 BaBaBouy
BaBaBouy's picture

.

Fri, 08/08/2014 - 10:38 | 5065084 sushi
sushi's picture

What part of "FUCK THE EU" did the EU not understand?

 

Fri, 08/08/2014 - 11:01 | 5065253 Keyser
Keyser's picture

Victoria Nuland merely expressed the opinion of the neo-con radical zionist led CFR... The US is nothing but a proxy for Israel, whether Obola approves or not... 

Fri, 08/08/2014 - 10:41 | 5065101 ThirdWorldDude
ThirdWorldDude's picture

"I told you months ago; blow the pipeline. Ukraine's now doing the next best thing..."

Yes, and blowing their brains out is the best solution for Ukrainians out of the mess Uncle Sugar put them in...

Fri, 08/08/2014 - 10:42 | 5065109 The Blank Stare
The Blank Stare's picture

Type in "Google Map", that should give you your answer.

Fri, 08/08/2014 - 11:12 | 5065325 tony wilson
tony wilson's picture

 

they will do fine numbnuts

 

 

While many in the world are completely dependent on large scale agriculture, the Russian people feed themselves. Their agricultural economy is small scale, predominantly organic and in the capable hands of the nation's people. Russians have something built into their DNA that creates the desire to grow their own food. It's a habit that has fed the Russian nation for centuries. It's not just a hobby but a massive contribution to Russia's agriculture.

http://naturalhomes.org/naturalliving/russian-dacha.htm

 

 

Russia's small-scale organic agriculture model may hold the key to feeding the world

http://www.naturalnews.com/037366_Russia_home_gardens_food_production.html

 

 

 

Fri, 08/08/2014 - 15:48 | 5067094 general ambivalent
general ambivalent's picture

Maybe, but that doesn't sound too good for microwaveable bacon and popcorn chicken.

Fri, 08/08/2014 - 12:40 | 5065773 richsob
richsob's picture

Dollarmedes: "I told you months ago; blow the pipeline. Ukraine's now doing the next best thing.

I wonder how Russia will fare with no fruit, no vegetables and no gas revenue."

Laugh my ass off. Enjoying the down arrows? This is precisely the point I made weeks ago but all the Russian honks on this website almost shit their pants when they heard it. Game theory insists this would happen for the Ukrainians to rebalance the situation. The pain Ukraine would feel will be serious. But the pain they will make the Russians feel is just as bad because the Russians NEED that revenue. This a fight for survival in Ukraine. It's a fight for pride in Russia. The West is slowly, slowly coming to realize the stakes. MH17 tipped the scales against Russia in the average European's mind. This will come to a conclusion when Russian leaders decide to decompress the situation by pulling back their military support for the insurgents.

Fri, 08/08/2014 - 11:04 | 5065258 Urban Redneck
Urban Redneck's picture

It's a strangely interconnected world we post in. Look above at Headbanger's insult of Obongo, and imagine what happens if his account were to be deleted...

Unforeseen things can happen when the Fates use their shears and begin cutting strings

Fri, 08/08/2014 - 11:23 | 5065382 pods
pods's picture

Was it your comment or was there something above it that got axed?  

It has been happening when sac kills another "I make $9500 per hour swallowing donkey milkshakes" post.  I had a great comment get tossed that way.

I really doubt that Biden's kid would get any protection here.

It is just any comment below the one killed gets axed as well.

pods

Sun, 08/10/2014 - 11:34 | 5072624 mkkby
mkkby's picture

@macholatte, were you born retarded or did you have a serious head injury?  ZH has constantly reported on vice faggot's corruption on this matter.  Get over yourself.  You probably forgot where you commented.  It was probably on some gay blog instead of ZH.

Fri, 08/08/2014 - 10:09 | 5064933 the phantom
the phantom's picture

I just read in the news that Poroshenko is releasing the strategic chocolate reserves for the winter... problem solved!

Fri, 08/08/2014 - 10:34 | 5065061 The Blank Stare
The Blank Stare's picture

Latin Lover, I don't know who the fuck you are, but you sure have a witty sense of humor. LOL

Fri, 08/08/2014 - 11:19 | 5065362 Invinciblehandaxe
Invinciblehandaxe's picture

Im so looking forward to the day when the nazi USA government starts bombing all those fat retarded americans. It is coming. Mr Putin just ban the import of all EU cars so little hitler Meekel goes in hell. Nazi State Agency surely does have some shit on that hitler Frau so she will just keep shutting the fuck up no matter what. The day the dollar is recognized for the piece of shit it is cant come any sooner. Let the brainwashed americans feel their own ignorance.  Surely the ukie nazis will be hanged by their own when the winter comes. Someone should bomb the brotherhood pipeline on our side in EU so the ukie nazis wont get no gas from Europe.

Fri, 08/08/2014 - 12:07 | 5065594 Greenskeeper_Carl
Greenskeeper_Carl's picture

I'd say they "commited economic suicide" the moment they started getting involved with the IMF or the EU. Look no further than greece, italy, portugal, etc. Such unneccessary suffering brought about by abject stupidity is appalling. Its going to be a cold winter in the Ukraine and Europe. Should be entertaining as hell to watch. I just hope when they try to turn this 'trade/sacntion war' into a real war, the people of these countries are smart enough to say no.

Fri, 08/08/2014 - 12:23 | 5065664 FeralSerf
FeralSerf's picture

Sounds like another Zio-swindle to me.

Who always seems to end up with the real assets at a few pennies on the dollar?

Hint:

"The time to buy is when there's blood in the streets." -- Baron Rothschild

Fri, 08/08/2014 - 09:20 | 5064633 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Ukraine is in a state of desperation. Putin has schooled them and their western backers. This is the last destructive option.

Fri, 08/08/2014 - 09:41 | 5064656 AssFire
AssFire's picture

"$17 billion IMF aid to achieve energy independence"

Huh? sounds like major dependence to me.

Fri, 08/08/2014 - 09:52 | 5064856 The Big Ching-aso
The Big Ching-aso's picture

It looks like they're....

Between a shale rock and a Ukraine place.

Fri, 08/08/2014 - 11:39 | 5065476 Poundsand
Poundsand's picture

"Sounds like slavery to me."  There, fixed it for you.

Fri, 08/08/2014 - 12:12 | 5065618 Greenskeeper_Carl
Greenskeeper_Carl's picture

no shit. "we will cut off the russian gas supply to europe since we can't pay our bills to russia for the gas we already used, and hope the EU/US will hand us more benniebux to pay for it"

Or maybe bidens son and his fracking company will come to the rescue? what a farce. These US and euro companies are going to bleed that country dry. Their govt and people will be lucky if they see pennies on the dollar

Fri, 08/08/2014 - 09:18 | 5064621 Tabarnaque
Tabarnaque's picture

If Europe is stupid enough to support that then look for their economies to implode and massive civil protest to occur in several countries. All that without Putin doing anything! Putin stays clean and Europe implodes! The cracks in the "Sanction Coalition" will quickly appear. Political heads will roll at next elections.

Fri, 08/08/2014 - 09:27 | 5064692 Winston Churchill
Winston Churchill's picture

Now Putin can intervene with Europes blessing, to assure continuity of supply.

The Uke junta are mental retards.

When goods don't cross borders,troops do.

Fri, 08/08/2014 - 09:58 | 5064896 corsair
corsair's picture

One piece of puzzle is still missing: MH17 findings.

Fri, 08/08/2014 - 10:36 | 5065071 HardAssets
HardAssets's picture

MH-17 ? What's that ?

Failure of that meme, means down the Memory Hole it went.

Of course Americans are so dumbed down that most of them believed the propaganda.

Fri, 08/08/2014 - 11:03 | 5065262 Keyser
Keyser's picture

Same can be said for MH-370... How quickly people forget... 

Fri, 08/08/2014 - 12:03 | 5065577 KnuckleDragger-X
KnuckleDragger-X's picture

Thinking is HARD....

Sat, 08/09/2014 - 12:59 | 5070057 tonyw
tonyw's picture

So just get the propaganda out first and keep repeating it until any real facts come to light then just stop.

Most sheeple will have the initial propaganda imprinted.

 

Fri, 08/08/2014 - 11:16 | 5065344 tony wilson
tony wilson's picture

listen pardone ner

what ever you do do not mention the black boxes in the uk

just keep the mantra going putin new hitler that is all that jewish matters

Fri, 08/08/2014 - 10:05 | 5064917 the phantom
the phantom's picture

if you think Russia has not seen this move coming for a while... you just haven't been paying attention. This is the Ukie equivalent of the "hail Mary" pass.  Somewhere, Putin is smiling.

Fri, 08/08/2014 - 10:16 | 5064981 Winston Churchill
Winston Churchill's picture

The nuke reactors are the hail mary pass, or should I say the "come to jesus' pass.

These nutjobs will blow them up in they think they are about to lose.

Fri, 08/08/2014 - 09:45 | 5064815 Kirk2NCC1701
Kirk2NCC1701's picture

This move is dumb plus suicidal for the junta.

They've given Russia all the pretext they need to end their acts of Terrorism on Ukraine, Russia and Europe.

Junta, prepare to have Russian tanks rolling up to your lame ass Parliament, and to get booted out.

After that, order can be restored within 72 hours of Martial Law, and after Normal Ukes get their Gov back.

Fri, 08/08/2014 - 11:03 | 5065232 The Blank Stare
The Blank Stare's picture

Just what the banker/warmongers are asking for. 

 

https://www.youtube.com/watch?v=jtnC28jAA9k

Fri, 08/08/2014 - 11:01 | 5065252 Tabarnaque
Tabarnaque's picture

The Russians won't need to roll their tanks on Kiev. The Governmet in Kiev is taking care of its own destruction. 

Fri, 08/08/2014 - 11:06 | 5065279 The Blank Stare
The Blank Stare's picture

Tomorrow's breaking news..."Obama signs an Executive Order for a security pact with Ukraine"

Fri, 08/08/2014 - 16:06 | 5067206 general ambivalent
general ambivalent's picture

US Warns Russia: Further Humanitarian Aid Would Be Invasion

http://abcnews.go.com/US/wireStory/us-warns-russia-intervention-ukraine-...

Fri, 08/08/2014 - 10:15 | 5064969 Ghordius
Ghordius's picture

Tabarnaque, have a look at the map: the "green" countries have a different opinion on that than the "orange and yellow" ones. or the "grey" ones

Tyler's insight here is interesting: "However there is a big unknown: the Bulgarian government, which has been on the fence whether to support Russia, or Europe's bureaucrats (if not corporations) who want South Stream halted for now as that would mean their entire "investment" in Ukraine has been for nothing. Although should Ukraine truly proceed with cutting off Russian gas transit, Europe will have no choice but to give its blessing to the South Stream. In the process Ukraine will shoot itself in the foot and commit leverage suicide."

as a small reminder: the next EU Commission is not yet formed. One key post is the Foreign Affairs one. Italy wanted it's own FM to take that post, Poland, the Baltics and the UK are huffing and puffing about it, saying she is "too Russian-friendly"

one possible candidate which would be a compromise is... Bulgarian

meanwhile, those "bureaucrats" (when are the Tylers going to drop this cheap propaganda?) have found a new "line in the sand": plpelines should not belong neither to the producers nor the consumers of the merchandise, and so avoid oligopolies

so Bulgaria is the current "keystone" (pun intended), the one country sitting at the edge. the Ukrainian gov is making one bluff too many, I think

Fri, 08/08/2014 - 10:58 | 5065235 Tabarnaque
Tabarnaque's picture

Then expect another bank run to happen soon in Bulgaria as the Western Fascist/Globalist Banksters firm their grip over them. Still, this is coming at a huge cost to Europe. Look at a third dip recession to quickly expand like a cancer out of control. Their already fragile banking system will crumble this time. Europe's bureaucrats are as insane as Nero when he burned his own Rome

Fri, 08/08/2014 - 11:35 | 5065456 angel_of_joy
angel_of_joy's picture

Bulgarians need Russian gas for their economy too. Now that their former pipeline (coming through Ukraine, via Romania) will just lay there empty, the South Stream pipeline will suddenly become a priority. October is already quite cold in that part of the Balkans. That's less than 2 months away...

Fri, 08/08/2014 - 10:32 | 5065047 fxrxexexdxoxmx
fxrxexexdxoxmx's picture

It is not like Russia needs customers.They will just sell their hydrocarbons to other people. Yeah this has no potential to harm Putin or the people of Russia, who needs Europe?

Fri, 08/08/2014 - 09:22 | 5064648 junction
junction's picture

Move over, Ukranian dogs, another dog and pony show is starting.  The U.S. just started bombing ISIS positions. 

Fri, 08/08/2014 - 10:05 | 5064920 MalteseFalcon
MalteseFalcon's picture

Bombs? Where are the drones?

Oh, that's right, bombs can miss.

Fri, 08/08/2014 - 08:54 | 5064420 world_debt_slave
world_debt_slave's picture

more popcorn

Fri, 08/08/2014 - 09:52 | 5064858 The Chief
The Chief's picture

What will the drooling, boy-loving Ukrainians think up next?

Fri, 08/08/2014 - 10:14 | 5064964 azat501
azat501's picture

If this continues, there wont be anymore popcorn to eat, what you are gonna eat will be bullets or missiles nomatter where you are.

Fri, 08/08/2014 - 08:54 | 5064423 rsnoble
rsnoble's picture

So let the entire population fucking freeze just to get that precious IMF money!  

Next thing you know the EPA will claim juristriction and outlaw wood burning.

Fri, 08/08/2014 - 08:59 | 5064462 rsnoble
rsnoble's picture

Notice the death and destruction that always follows the elites actions to 'make things better'.

Fri, 08/08/2014 - 09:12 | 5064563 Keyser
Keyser's picture

I'm from the US and am here to help...  If you hear these words, RUN!!!!!!

Fri, 08/08/2014 - 09:15 | 5064587 rsnoble
rsnoble's picture

No doubt!  I've said it before that any country that has a plane full of US business types trying to land should immediately refuse entry or shoot them down.

Sat, 08/09/2014 - 13:05 | 5070069 tonyw
tonyw's picture

any country that has a US embassy should close it down and all NGOs such as USAID coz the only thing they'r aiding are the US oligarchs.

 

Fri, 08/08/2014 - 10:08 | 5064934 DaveyJones
DaveyJones's picture

The international dog catcher

Fri, 08/08/2014 - 09:12 | 5064573 rsnoble
rsnoble's picture

Before I get busted.........'jurisdiction'.  I've been doing a lot of mnemonics lately and for some reason I pictured a boa constrictor and that's how it came out.

Fri, 08/08/2014 - 09:27 | 5064691 knukles
knukles's picture

I loved the original!

Fri, 08/08/2014 - 09:40 | 5064775 rsnoble
rsnoble's picture

LOL thanks.

Fri, 08/08/2014 - 08:54 | 5064424 buzzsaw99
buzzsaw99's picture

the usa may bomb you, they may curse you, they may steal your last piece of meat.

Fri, 08/08/2014 - 09:13 | 5064571 Keyser
Keyser's picture

But Barry will be happy to give you a reach-around...

Fri, 08/08/2014 - 09:15 | 5064597 booboo
booboo's picture

"I'll show you mother fuckers, let me blow my other foot off"

Fri, 08/08/2014 - 09:43 | 5064802 conscious being
conscious being's picture

That reminds me of this clip, showing the Kiev Junta in action.

http://m.youtube.com/watch?v=am-Qdx6vky0

Fri, 08/08/2014 - 10:18 | 5064993 acetinker
acetinker's picture

Thanks for that CB, I needed it!  "I'm da only one in dis room qualified"...BANG!  Priceless!

Fri, 08/08/2014 - 12:22 | 5065661 Keyser
Keyser's picture

My brother, who is not a black cop, but is an ATF Class 3 automatic weapons manufacturer did the same fucking thing one day in my home... He pulled out a Colt 1911 trying to impress a friend of mine, and intentionally began tugging on the trigger, thinking the grip safety would prevent discharge... WRONG... The bullet ricochet'd all a metal post and lodged in a piece of furniture... Needless to say my friends beat-feet outtta there while I read my brother the riot act...  

Fri, 08/08/2014 - 19:41 | 5068143 acetinker
acetinker's picture

Ya' know, it really ain't funny, but I can't stop laughing.  Brother popped off a .380 in the living room?  How long did it take to get your hearing back?

Fri, 08/08/2014 - 08:56 | 5064425 Eyeroller
Eyeroller's picture

But, but, but.... the TWEET said everything was fine (we've got the green futures to PROVE it)!  What are Bloomberg and CNBC going to do now!

Fri, 08/08/2014 - 08:56 | 5064428 LawsofPhysics
LawsofPhysics's picture

Eventually Ukraine will go back to Russia, in many ways they never really left.

same as it ever was.

Would be a shame for somthing "unforeseen" to happen to that Baltic Sea pipeline.

Fri, 08/08/2014 - 10:08 | 5064938 MalteseFalcon
MalteseFalcon's picture

The Baltic pipeline put an end to the "Poland Game" permanently.  Germany insisted.

South Stream is coming.....

Fri, 08/08/2014 - 08:57 | 5064439 pods
pods's picture

Fucking NWO mole.  Have fun running to the World Bank for loans to help.

Sincerely,

John Perkins

Fri, 08/08/2014 - 09:10 | 5064548 kowalli
kowalli's picture

pods

Fri, 08/08/2014 - 09:16 | 5064604 Ignatius
Ignatius's picture

And people wonder why Germany invaded in WWII.

Russia sits back and let's Ukraine take the heat for shutting off the gas.

Fri, 08/08/2014 - 08:58 | 5064453 IReallyDontCare
IReallyDontCare's picture

Fear not, the politicians of Ukraine that impose this sanction have enough cash from the 5 billion the US sent to keep them warm and well feed during the coming winter.

Fri, 08/08/2014 - 09:23 | 5064653 demoses
demoses's picture

Cash will keep them warm - dollar bills are as good as timber... soon the only function that the bills will provide :)

Fri, 08/08/2014 - 09:00 | 5064464 Kina
Kina's picture

Merkel now in over her head.

Fri, 08/08/2014 - 09:15 | 5064593 Keyser
Keyser's picture

Hardly... The logical thing is for Russia to expand pipelines running to the EU through Germany... Let the Ukrainians and their western masters eat cake... 

Fri, 08/08/2014 - 09:00 | 5064466 ThisIsBob
ThisIsBob's picture

Do it!

Fri, 08/08/2014 - 09:02 | 5064482 JustObserving
JustObserving's picture

Hundreds of CIA, FBI and Blackwater advisers in Ukraine cannot be wrong. And since when has the Nobel Prize Winner ever been wrong?

Fri, 08/08/2014 - 09:48 | 5064837 conscious being
conscious being's picture

Hey Joe Bidden's kid can't be wrong. Dad wouldn't send him on a wild goose chase would he? That would make Joe look like an air head.

Fri, 08/08/2014 - 09:05 | 5064504 the not so migh...
the not so mighty maximiza's picture

i don't belive it untill i see the tweet

Fri, 08/08/2014 - 09:04 | 5064507 Seize Mars
Seize Mars's picture

IMF: Ukraine, if you want some money, you have to pick a fight with the separatists. That's how this works.

Ukraine: <Shits Pants> Will this do it?

IMF: Well, no. We think your pant-shitting is great. But we need you to pick a fight. Try killing some defenseless civilians.

Ukraine: <Shitting...> Uh...

Fri, 08/08/2014 - 09:50 | 5064851 conscious being
conscious being's picture

Air brakes.

Fri, 08/08/2014 - 09:10 | 5064520 Eyeroller
Eyeroller's picture

Son of Plugs...

Fri, 08/08/2014 - 09:05 | 5064521 Dubaibanker
Dubaibanker's picture

Some of the important points from this article from April 2014:

The gas market chaos in Ukraine – and what the EU could do about it

More than 60% of the gas consumed in Ukraine is imported, and almost all from Gazprom (in 2013, about 26 bcm).

The key challenges for the Ukrainian gas sector is its excessive dependence on Russian imports and highly unfavourable supply contract with Gazprom. Although, in 2013 Ukraine lowered its imports from Russia by 15%, according to Ukrainian transmission system operator Ukrtransgaz, and in 2014 aims for a further reduction, such decreases are formally inconsistent with the applicable contract. The agreement concluded in January 2009 obliges the Ukrainian side to purchase 41 bcm of gas per year, with a take-or-pay clause and a prohibition on re-export. In practice, it prevents the effective diversification of supplies.

As more of than half of gas the EU imports from Russia passes through Ukraine, the Russian actions are also endangering Europe’s security of supply.

Natural gas is the most important energy source in Ukraine’s energy mix, at about 40%. With consumption in 2013 at 50.4 bcm, Ukraine is one of the biggest consumers in Europe.

Baning Russian gas passing through Ukraine is economic suicide.

Question is: Why would Ukraine do this when their second PM resigned in less than 1 year? Who is calling the shots here?

Fri, 08/08/2014 - 09:13 | 5064581 ThisIsBob
ThisIsBob's picture

Yes and it will likely upset a few more people in the EU, who by now should be getting weary of supporting US shenanigans.

Fri, 08/08/2014 - 09:24 | 5064655 conscious being
conscious being's picture

Who's calling the shots? You break it you own it Knoodleman.

Seeing their army is getting slaughtered, this move kind of makes sense for the Junta. Whatelse have they got? If they wait til October to pull this stunt they will force Europe to agree with Russia that the Kiev Junta has to go as the most expedicious way to get the gas turned back on.

Fri, 08/08/2014 - 12:37 | 5065753 FeralSerf
FeralSerf's picture

Who's calling the shots?

Who's going to be the new owners of the Palestinian gas deposits once the Pals move out of Gaza? (Why don't they just become Egyptians already?)

Who's going to own and operate the new pipeline through Syria to Europe?

Anyone got any guesses?

Fri, 08/08/2014 - 12:38 | 5065756 FeralSerf
FeralSerf's picture

.

Fri, 08/08/2014 - 09:06 | 5064523 Youri Carma
Youri Carma's picture

Paul Craig Roberts: “By Russia’s low key and unthreatening response to Washington’s aggression, thereby giving the West the mistaken signal that Russia is weak and fearful, the Russian government has encouraged Washington’s drive to war.” http://www.paulcraigroberts.org/2014/08/06/will-putin-realize-russia-holds-cards-paul-craig-roberts/

Fri, 08/08/2014 - 09:08 | 5064543 Tao 4 the Show
Tao 4 the Show's picture

What is going on is so much more Machiavellian than PCR describes.

Fri, 08/08/2014 - 09:36 | 5064754 Winston Churchill
Winston Churchill's picture

PCR greatly underestimates the true level of evil, now in control of Pax Americana.

He is a good man , so its understandable that he has no concept of how depraved it is..

Fri, 08/08/2014 - 09:33 | 5064733 photonsoflight
photonsoflight's picture

Someone needs to tell obama that Ukraine is in fact a sand trap. Perhaps then he might understand whats going on.

Fri, 08/08/2014 - 09:57 | 5064883 sleigher
sleigher's picture

If your opponent is of choleric temper, seek to irritate him. Pretend to be weak, that he may grow arrogant.

Sun Tzu

Fri, 08/08/2014 - 09:59 | 5064899 Kirk2NCC1701
Kirk2NCC1701's picture

Know thy enemy.
Know thyself.
- The Art of War

Fri, 08/08/2014 - 09:10 | 5064527 RaceToTheBottom
RaceToTheBottom's picture

Feel sorry for Slovakia who are on the downstream side of that Ukraine gas transit line....

Actually just a ploy to hurry up the war and becoming a ward of the EU

Fri, 08/08/2014 - 09:13 | 5064565 NoWayJose
NoWayJose's picture

Damn Putin is good. Putin probably wants to cut off gas to the EU (something that will end this sanction war, split the EU and US, and get him SouthStream) - and now he gets the Ukies to take the credit for doing it!

Fri, 08/08/2014 - 09:26 | 5064669 yrbmegr
yrbmegr's picture

Nah.  It'll just mean LNG into Europe.  Reverse flow the pipes to Ukraine.  Cake walk.  Good billables for KBR.

Fri, 08/08/2014 - 09:39 | 5064776 BlindMonkey
BlindMonkey's picture

ISIS just can't wait to suicide bomb a working LNG plant on the east coast. The mushroom cloud would be EPIC. Just the kind of thing to put on the cover of your terror prospectus.

Fri, 08/08/2014 - 10:43 | 5065113 yrbmegr
yrbmegr's picture

What's stopping them?

Fri, 08/08/2014 - 13:48 | 5066277 BlindMonkey
BlindMonkey's picture

I know we have regasifier stations but I don't think we have any cryo ones.

 

http://en.wikipedia.org/wiki/List_of_LNG_terminals#United_States_and_Pue...

Sat, 08/09/2014 - 13:21 | 5070108 tonyw
tonyw's picture

but there is one due to start construction in Q4 this year and be in operation by 2018! Cheniere Sabine Pass terminal, surely that is good enough, can't they just wear a few more sweaters until then??


Fri, 08/08/2014 - 10:04 | 5064912 Kirk2NCC1701
Kirk2NCC1701's picture

Let's see... Russian gas now, vs. American or ME LNG in 2 years.
Riiiight!

Fri, 08/08/2014 - 10:32 | 5065043 BlindMonkey
BlindMonkey's picture

2 years? You are an optimist!

Fri, 08/08/2014 - 10:44 | 5065107 yrbmegr
yrbmegr's picture

6 weeks, tops.  It's an easy project.

Sat, 08/09/2014 - 13:22 | 5070114 tonyw
tonyw's picture

you couldn't even get the permit applications ready in six weeks.

Fri, 08/08/2014 - 09:33 | 5064727 Anarchy 99
Anarchy 99's picture

Yes, makes you wonder how many in Kiev's government are actually working for Russia, maybe even Porky?

Fri, 08/08/2014 - 09:55 | 5064871 conscious being
conscious being's picture

Not Porky. He's done some evil stuff, like shelling civillians for instance. But otherwise I agree with your comment.

Fri, 08/08/2014 - 12:34 | 5065689 Kirk2NCC1701
Kirk2NCC1701's picture

At some point, true Ukrainians will have to step in and save it from the Junta. The same way some in the German military tried to get rid if Hitler, when they realized that either Hitler must die or Germany dies.

Resistance takes many forms, including passing of insider info, a fifth column that spreads disinformation, deliberate incompetence, and passive resistance.

Fri, 08/08/2014 - 09:13 | 5064578 FlyinHigh
FlyinHigh's picture

Might work out ?

Fri, 08/08/2014 - 09:27 | 5064685 conscious being
conscious being's picture

Work out for who? The crazy Zato project that is the Kiev Junta is already past it's due date.

Fri, 08/08/2014 - 09:20 | 5064584 Atomizer
Atomizer's picture

I can hear the phone rings melting off the IMF handle.

Fri, 08/08/2014 - 09:18 | 5064600 TalkToLind
TalkToLind's picture

Rescued...by ordinary people!  This could have never happened in Urmerica where entitled sheeple must WAIT for gubermit "experts" to arrive and tell them what to do and think.  Perth people kick ass.  

https://www.youtube.com/watch?v=nZx4MichXXE 

Yeah it's off topic, so what.

Fri, 08/08/2014 - 10:49 | 5065167 NotApplicable
NotApplicable's picture

You'd get shot by the "authorities" if you tried that in the US. The first thing they do at any disaster is to "secure a perimeter," which they perfected after Hurricane Katrina.

WalMart semis full of bottled water? Nope, sorry can't come in. Only the Red Cross/National Guard is allowed to distribute aid.

Satan's spawn, indeed!

Fri, 08/08/2014 - 09:16 | 5064601 Spungo
Spungo's picture

If there's no heat in buildings, water pipes burst. No water = death, riots, war. This is going to be a really bad winter.

Fri, 08/08/2014 - 09:35 | 5064746 Debugas
Debugas's picture

water pipes do not burst because you water them down beforehand

Fri, 08/08/2014 - 09:18 | 5064623 roadhazard
roadhazard's picture

Putin is apparently feeling the the sanctions. I am hearing that he is trying to get the rebels to start talking to the Uke Gov.

Moar @ eleven

Fri, 08/08/2014 - 09:43 | 5064803 BlindMonkey
BlindMonkey's picture

EU posed 3 month sanctions. He threw down 12 month sanctions.

Guess who is playing the longer game here?

Fri, 08/08/2014 - 09:52 | 5064863 roadhazard
roadhazard's picture

 Great move from a country with their economy already in the toilet. I'm all for sanctions against both sides. Sanctions is not bullets.

Fri, 08/08/2014 - 10:00 | 5064884 conscious being
conscious being's picture

Yeah, I agree.

With the US economy in the toilet and the dollar about to crash, its evil of Obama and the neocons to be killin off more US jobs with their war provoking sanctions.

Fri, 08/08/2014 - 11:19 | 5065361 roadhazard
roadhazard's picture

I know for a fact that the US does little business with Russia. And war is good for those in the replacement glass business.

I'm still waiting for a toe tapper repubican to say Obama wipes his ass with the wrong hand. I would get a tweet account so I could re tweet that. Good times.

Fri, 08/08/2014 - 10:07 | 5064930 BlindMonkey
BlindMonkey's picture

I will up vote you for the "sanctions is not bullets". I don't see that you are correct with the "economy in the toilet" quip. They have been somewhat hurt by the sanctions but it is a drop in the bucket to the damage a hot war would have done. I like the way this plays for them on the long term.

Fri, 08/08/2014 - 11:32 | 5065371 roadhazard
roadhazard's picture

The sanctions came after they were already in the toilet. The US media is already starting to blame sanctions for everything that ails the US.

Fri, 08/08/2014 - 10:51 | 5065185 NotApplicable
NotApplicable's picture

Yes, it's far more humane to starve/freeze people to death, rather than subject them to gunfire.

Fri, 08/08/2014 - 11:28 | 5065378 roadhazard
roadhazard's picture

I'll bet I can get warm better that I can dodge a bullet. You must be faster then me.

 

And Max Kaiser is funny... or is sometimes. And he has guests that are smarter than he is. I turn him off when he gets to humping bit coin.

Fri, 08/08/2014 - 10:51 | 5065181 tsuki
tsuki's picture

Which rebels?  The ones in Kiev battling Porky the Pimp and his neo-Nazis, or the Resistance in the East?

Fri, 08/08/2014 - 11:22 | 5065380 roadhazard
roadhazard's picture

good point

Fri, 08/08/2014 - 12:39 | 5065771 basho
basho's picture

you forgot the /s tag lol

Fri, 08/08/2014 - 09:20 | 5064631 atthelake
atthelake's picture

it's just a matter of time before they get around to killing Americans, for whatever reason.

Fri, 08/08/2014 - 09:25 | 5064651 THE DORK OF CORK
THE DORK OF CORK's picture

This is a clear effort on behalf of the Anglos to destroy or perhaps redirect  the European entreport (see Germany) and transfer  surplus capacity to the far west of Europe.

Using pointless for most capitalistic overproduction metrics Ireland is already booming.......

http://www.cso.ie/en/releasesandpublications/er/vlftm/vehicleslicensedforthefirsttimejuly2014/

Fri, 08/08/2014 - 09:23 | 5064654 GeorgeSilver
GeorgeSilver's picture

"If you don't surrender I'll shoot myself in the face"

Fri, 08/08/2014 - 09:44 | 5064814 BlindMonkey
BlindMonkey's picture

Their obvious next move would be to bring in a plane load or two of Liberian refugees.

Fri, 08/08/2014 - 09:23 | 5064659 yrbmegr
yrbmegr's picture

I'm sure Berlin and Kiev have contingency plans in place for gas supply to Europe and Ukraine.  That's part of what they're "considering".

Fri, 08/08/2014 - 09:27 | 5064674 Anarchy 99
Anarchy 99's picture

Why do I get the feeling that this was set up years ago, the Russian strategist could have made and implemented plans to bypas these gas routes, but chose not to, maybe this is the "wedge" needed to uncouple the EU/US boys from each other.

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