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Sanctions & Saber Rattling Doesn't Stop The US From Importing Russian Petroleum
Submitted by SRSrocco via SRSroccoReport.com,
Americans would be quite surprised to know that even with all the U.S. Government sanctions and threats of war with Russia, we still import a significant amount of petroleum from the former communist country. How much petroleum does the United States import from Russia? Actually, a lot more when we focus on net imports.
While the U.S. imports more oil from certain countries, we also export finished products in return. For example in January, the U.S. imported 831,000 barrels per day (bd) of crude oil and petroleum from Mexico, but also exported 787,000 bd of petroleum products for a net import of only 44,000 bd.
So, what amount of net crude oil and petroleum did the U.S. import from Russia during January? Look at the chart below:
As it turns out, Russia is the U.S. second largest non-OPEC source of net petroleum products in the month of January. As we can see, Canada is the largest at 2.9 million barrels per day, Russia at 389,000 bd, Columbia 264,000 bd, Chad 93,000 bd and Mexico at 44,000 bd.
If we include OPEC countries net petroleum imports, Russia ranks 4th:
Canada = 2,950,000 bd
Saudi Arabia = 816,000 bd
Venezuela = 597,000 bd
Russia = 389,000 bd
Of the 4,825,000 bd of net U.S. crude oil and petroleum product imports in January, Russia’s 389,000 bd accounted for 8% of the total. When I did the research, I was quite surprised that the U.S. imported this much petroleum from Russia. Which is also why I find articles such as this one quite hilarious:
Ukraine: why the EU should block Russian oil imports
“However, the West’s heaviest economic weapon — a comprehensive embargo on oil imports from Russia — has not yet been employed, and is only sporadically discussed in public. The West is now intensively debating military-technological and training participation in Ukraine’s defence against action by Russia’s proxies.
But there is little consideration of the entire gamut of available western economic means to end the war. This is all the more surprising as EU sanctions against oil imports from Russia would be less costly for European countries than is often assumed. The EU’s large monthly purchases of Russian oil could be replaced by an increase of imports from other oil-exporting countries.”
The individual who wrote this article believes it’s a good idea for the EU- European Union to put pressure on Russia’s involvement in the Ukraine by cutting cut oil purchases. He continues with the following mind numbing wisdom:
If the West did not trade with Russia as much as it still does, the Kremlin would not have the financial means to conduct its “hybrid” operations — military interventions, propaganda campaigns, political manipulations, etc, in Moldova, Georgia and Ukraine.
I gather the author believes it’s only Putin who is the BOOGEYMAN in this Ukrainian situation. Furthermore, does he realize the U.S. still imports a nice chunk of its petroleum from the Russian Bear?? For some strange reason, the West seems to be suffering from serious BRAIN DAMAGE. While propaganda is taking place on both sides, it seems as if the West is dishing out a great deal more BS than Russia.
I make it an effort not to chat with people on this issue because they simply regurgitate what they hear or read from the MSM. According to information from the weekly John Batchelor-Prof Stephen Cohen interviews on Russia found on TFmetalsReport, Putin has an 86% approval rating by its citizens while Obama comes in at 45%.
Some may think those high Putin approval ratings are manipulated. However, the west also does polls in Russia and comes up with roughly the same approval ratings.
That being said, I don’t like to get into a political debate because it isn’t based on sound REASON or LOGIC. It’s based upon the misinformation, garbage or propaganda the MSM puts out on a daily basis. You cannot debate a person who is brainwashed in this fashion.
Regardless of the collective BRAIN DAMAGE of the West, the United States after all its saber-rattling, shipping of weapons and military personal to Ukraine, sanctions and some of the worst anti-Russian propaganda seen since the Cold War, the U.S. still imports a significant amount of petroleum from Russia.
This is the world we live in today…. total and complete BULL EXCREMENT. Believe me you, I am not anti-American. I am just anti-BS.
So, there you have it. I thought readers would find this information quite interesting. Nothing like the U.S. TALKING OUT OF BOTH SIDES OF ITS MOUTH to make ya feel right at home. We are living in interesting times. The amount of volatility in the markets is increasing and I fear the pressures will get so great, we will finally have our GREAT UNRAVELING sooner rather than later.
If you think you are smarter than the markets and are holding onto your U.S. Dollars, U.S. Treasuries, 401k, IRA, CD’s, or any other Wall Street issued paper garbage, waiting for the perfect time to get into physical gold and silver…. sorry, YOU AIN’T. The folks in charge of the pulling the strings already know what’s coming and when, and you and I aren’t including in that group.
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Such a tell about which fights are real and which are kabuki. It was the same with Venezuela and 76 in the US?
At any rate, there can be no 2 without 1 and so all things will and do return to 1.
There is a single axis on which this entire drama is turning, and it does not care for nation, race or religion.
Sequence 14...
https://www.youtube.com/watch?v=gYBO6cJUsFA
Rules are for the little people, so guess who makes big political donations to the right people.....
"the West seems to be suffering from serious BRAIN DAMAGE ... it seems as if the West is dishing out a great deal more BS than Russia."
This is what happens when you snort too much ziocaine. You start believing the lies.
Sanctions and sabre rattling don't stop Israel from importing Iranian pistacchios either.
Nuts!
And still you all are missing the big picture... look like people actually need pictures to understand something and forget the other...
What is not being shown in nice pictures is who is actually buying the bankrupt companies or the near death once.
Saudi Arabia alone has bought over 14 billion in oil fields in North America especially. For peanuts.
Excuse Me Sir, do you have a moment to talk about our Lord and Saviour, Cthulhu?
Come let's join hands and ask to be eaten first by the Great Dark Lord and Savior of the Void together. "ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn." or in plain english "In His House at R'lyeh dead Cthulhu waits dreaming."
May his noodley appendage touch and render the entropy wished for.
Say, you wouldn't happen to be from Innsmouth, would you?
It's more than a bit hard to believe that US is a net importer of petroleum products from Chad.
Barry's father was actually from Chad. Rumor has it so was Barry.
Are you really telling us that Barry was once a hanging Chad?
Brilliant, only on ZH could a hanging chad reference be made.
"...it seems as if the West is dishing out a great deal more BS than Russia."
When dealing with an idiocracy like the ussa, britiannia or europe one doesn't need to make up bullshit. It's there for the taking.
Nope. The came from Broward County Florida.
Brain damage can only occur if there is a brain present...on the other hand, I suupose there could have been shit damage or maybe ass damage...well, you get the point.
That country is actually called Colombia
.
Only until the national electrification program is complete, after which it will be called Coulombia.
Anything is better than the evil American oil bizness unless democrat owned. Unless the gov is pushing their nuclear ambitions on geological faultines!
As long as the American oil industry remains sanctions for centuries how are we going to support evil oil peeps in other countries!
I have no doubt that the same cancer afflicting US politics is manifest in Russia and China, and had they the resources of the US, they would be doing the same thing. There are no heroes here.
What do you guys think about that?
With very few exceptions China and Russia don't ride into a foreign jurisdiction guns blazing demanding resources.
You're obviously not a scholar of history.
And those American Dollars are used to buy gold,not U.S. Treasuries.
And the gold has been knocked down to a remarkably low price. US - bullet, meet foot.
Some of it is Rockefeller petroleum.
Sanctions don't apply to the Rocks.
The Former Communist Country? That was how many decades ago? The constant propaganda bullshit is getting tiresome.
Correction:
The former slave owning English colony and current warmongering zionist oligarchy known as the US is currently importing oil from the capitalist Russian Federation to help fuel its warships in its quest to make the world safe for Israel at any cost.
A simpler version
"The former democracy known as the US is currently importing oil from the capitalist Russian Federation."
USSR is not USSA enemy - the dumb black muslim is
Speaking of sanctions, my closest liquor store had a sign up Friday - "Due to recent Russian agressions we will not be selling any Russian vodka." Cashier said for one year. Score one for MSM.
i've never understood why financial websites such as ZH omit discussing numerous financial links between the east/west.
this ZH article is the exception.
for an example of my original statement, i've never seen anyone discuss "Sea Launch".
from their wikipage:
Sea Launch was established in 1995 as a consortium of four companies from Norway, Russia, Ukraine and the United States, managed by Boeing with participation from the other shareholders.
now them are some strange bedfellows. the rockets are soviet kenits, and the launch techs are ukranian. when they do the count from 10, it is done in russian and english. funny as hell. especially the launch failures.
i know this is small potatoes compared to oil importing, but there is tremendous kabuki theater going on. all anyone is talking about is the sanctions this sanctions that. no one is listing / talking about the everyday functioning links between east/west.
the lead in for every report on ukraine/russia/US should be something like, "ok, everyone bend over so we can blow this smoke straight into your ass".
No Government is going to prevent the Money Changers from making a nickel no matter how many dead bodies they have to step over.
I remember one Russian saying: "You say that Russians are blind and prone to believe in propaganda, but we actually knew very well that it was communist propaganda in our media during the Soviet times, we just thought it is quite normal that politicians and media lie, nothing to be excited about, and we knew how to "read between the lines". But when I came to the USA after the fall of communism, I was surprised to see that Americans also have propaganda, but they actually BELIEVE it? How strange is that?"
THOSE words are very true.
UNFORTUNATELY...my Russian friends seem less aware at the moment that the Russian press is as full of propaganda as is the western.
Maybe it wil reverse again in another two or three years?
Aren't 98% of US ammo imports from Russia ?
I read both Russian and US news.
I see far more threats of war in the Russian news than in the US news. Comparatively, the US at least is mostly ignoring Russia except for the occasional complaint about aircraft flying with transponders off, and the occasional comment that Russia's conduct in Ukraine is very geopolitically dangerous. I don't see any of the equivalent demonization of Russia as the modern Nazi party.
In the Russian news, however, I frequently see mentions of turning major western cities, and even entire countries comprised of tens of millions of people into 'nuclear ash'. I see similar news broadcasts at least one every other night on Russian channel 1. I see articles in ASTOUNDING quantity asserting that the entire west of the world is full of ravening homicidal Nazi sympathizers whose only desires are to 'cut Russia to pieces' and ship its people to externmination camps...meanwhile Russians blithely continue to work, live, and vacation in the west before returning home to rail against the Nazi some more. It is a very Jekyll-and-Hyde sort of arrangement, which shows no signs of being a genuine fear...or else the Russians would be fleeing to Russia for vacation rather than to Miami.
So with that context, why exactly would I be suprised - or even care at all - that the US buys a lot of oil from Russia????
????
????
This is of interest why????
That is because you dont read russian articles. You read SOME articles selectivly translated from russian into english by propagandists.
He also reads only selected US media articles, so as not to get a complete view of what his country is really doing and saying.
As a card carrying American Patriot he believes that ignoring evidence means it not only ceases to exist, the polar opposite must be the truth.
Curious
You haven't read anything about the largest war games in the history of NATO in the Baltic and Eastern European countries going on right now?
I'm submitting your comment to the Ministry of Silly Comments.
You are seeing Russia from your back porch, you obviously are not reading, fixed it for you ......
Ssshhj! Don't tell the EU.
Russian coal too http://www.mining.com/web/us-utilities-turn-to-colombia-russia-for-coal-...
UK to start directly buying Russian gas
24 March 2014, (RT)
http://rt.com/business/russia-uk-gas-imports-825/
Novo Nordisk Plans to Move Forward With Investments in Russia
23 January 2015, by Matthew Campbell and Albertina Torsoli (Bloomberg)
http://www.bloomberg.com/news/print/2015-01-23/novo-nordisk-plans-to-mov...
RWE to Proceed With Dea Sale to LetterOne - Despite British Objection, Transaction to Go Through Monday, RWE Says
1 March 2015, by Selina Williams - London (Wall Street Journal)
http://www.wsj.com/articles/rwe-to-proceed-with-dea-sale-to-letterone-14...
Fridman’s L1 Appoints Browne Chairman as RWE Dea Deal Closed
2 March 2015, by William Kennedy and Tino Andresen (Bloomberg)
http://www.bloomberg.com/news/articles/2015-03-02/fridman-s-l1-appoints-...
Exxon’s Russia Exposure Surges as Long View Outweighs Sanctions
3 March 2015, by Joe Carroll (Bloomberg)
http://www.bloomberg.com/news/articles/2015-03-03/exxon-s-russia-exposur...
Exxon is Goldman Sachs pick over Chevron, ConocoPhillips
10 March 2015, by Claudia Assis - San Francisco (MarketWatch)
http://www.marketwatch.com/story/exxon-is-goldman-sachs-pick-over-chevro...
FOOLED YA!
Why is the US, recently predicted to be the largest producer of crude oil in the world, busy importing 4,825,000 bbd.
Because 'peak oil' is not here and the bursting of the subprime bubble 6 years ago successfully DELAYED its inevitable arrival.
And the busy bees that are the American government are saving for that unavoidable, rainy day when there is barely enough fuel to patrol the homeland streets and drone the homeland skies.
We're proud to announce that 4,825,000 barrels were kept in the ground in January 2015 against the lamentable Day of the Empty Tank.
The truth about the conflict with Russia >> http://wp.me/p4OZ4v-1Gm