As Anger Over Russian Syria Veto Mounts, Putin "Briefly" Leaves Europe In The Cold

Tyler Durden's picture




 

Yesterday we presented why when it comes to Syria, the UN Security Council can forget any attempt at "overhauling" a regime that is a cornerstone for Russian naval presence in the Mediterranean and the middle east. Today, in the aftermath of the UN reminder that it is the world's biggest collection of post-facto hypocrites, not to mention, the world's most irrelevant and ineffectual organization, anger at the Russian and Chinese veto has already manifested itself, as protesters have attacked the Russian embassy in Tripoli and tore down the Russian flag, Al Jazeera reported on Sunday. As Itar-Tass reports, "According to Al Jazeera, the riots staged by the Syria opposition involved Libyans as well. No further details are available so far. None of the Russian diplomats has been hurt in an rally stage by the Syrian opposition in front of the Russian embassy in Tripoli on Sunday, an officer from the Russian embassy told Itar-Tass over the phone. “No one has managed to break into the territory of the Russian diplomatic mission, no one of the personnel has been hurt. All are safe and sound. Although the protesters have managed to tear down the Russian flag,” the diplomat said." Still, the wily occupiers of the Kremlin preempted what they perceived as potential 'displeasure' with Russian tactics to protect its own national interests. Because as Zero Hedge has been reminding readers on occasion, Russia has something that is far more valuable to Europe than the Goldman-alum controlled printing press: it has the world's largest natural gas reserves. Which for a continent gripped in one the coldest winters on record, whose heating infrastructure is based primarily on natgas, and where Russian imports account for 25% of total nat gas, Russia has the upper hand in, well, everything. Which it gladly reminded the world of yesterday. According to the AP: Russia's state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it "had briefly reduced gas supplies to Europe amid a spell of extreme cold."  Oops... Just a fat finger there, nothing to worry about. Oh, and if anyone forgets that in the Eurasian continent it is Russia who increasingly holds all the cards, Gazprom may "briefly" cut all supplies to Europe, -40 C degree temperatures be damned. Briefly...

More:

Gazprom deputy chief Andrey Kruglov reported to Prime Minister Vladimir Putin that the cuts lasted for several days and reached up to 10 percent, but supplies are currently back to normal. Officials in Austria and France, however, have reported cuts of as much as 30 percent, and Italy said supplies were down by 24 percent Thursday.

Naturally, there is a scapegoat:

Russia previously had blamed Ukraine for the shortages, saying Kiev is siphoning off more than its share. Authorities in Ukraine have denied the accusations.

 

The mutual rebukes echoed the previous gas crises, when Gazprom supplies to Europe were cut over price arguments between Russia and Ukraine, the conduit for the biggest export pipeline for Russian gas to reach Europe.

The response chain has been activated => committees have been formed and what not.

The European Commission put its gas coordination committee on alert Friday, but insisted the situation had not yet reached an emergency level as nations have pledged to help each other if needed and storage facilities have been upgraded.

 

Putin on Saturday tried to use the situation to emphasize the need for alternative supply routes bypassing Ukraine, including the Nord Stream pipeline under the Baltic Sea, the first line of which was inaugurated in November.

Unfortunately for Europe, Russia's monopolistic control of its warmth will only increase with time.

Another Russian pipeline, the South Stream, is expected to go online in 2015 to transport Russian gas to Europe under the Black Sea.

 

Putin said the current high demand for Russian gas underscores the need for the new pipelines. Europe gets about 25 percent of its natural gas from Russia, which has the world's largest reserves.

 

"It's obvious today that there is a strong demand for these projects, which both we and our partners," Putin said.

 

He ordered Gazprom to try to meet an increased demand for the Russian gas in Europe, but added that the company's priority should be to satisfy the local demand.

But, but, can't Saudi Arabia supply the missing gas (obviously this is a joke). After all the Saudis are confident they can be the source of all crude supply even if all the members of OPEC and Russia go offline, or so the joke goes. Apparently, the answer is no:

Putin scoffed at the EU's hopes to fill a higher demand for gas

Oh, and before we forget, Russia is also the world's largest oil producer in the world having recently overtaken Saudi Arabia, and second (possibly the) largest exporter. Any questions now who has not only all the trump cards, but all the cards, period?

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Sun, 02/05/2012 - 10:30 | 2128362 Fips_OnTheSpot
Fips_OnTheSpot's picture

Delivery is back to normal - the propaganda says so

Sun, 02/05/2012 - 11:43 | 2128483 trav7777
trav7777's picture

these charts must be false...PO deniers inc. Douchinger have told me that oil productionj will rise forever.  Other morons said if I disagree, then I WORSHIP BALE.

the idiocy of the Germans to think they can shut down nuke plants...LOL

Sun, 02/05/2012 - 11:59 | 2128515 FinHits
FinHits's picture

Cold war reaches the freezing point.

Sun, 02/05/2012 - 13:21 | 2128706 12ToothAssassin
12ToothAssassin's picture

-40C or -40F ???

Sun, 02/05/2012 - 14:13 | 2128911 Christophe2
Christophe2's picture

uh, I guess you don't realize that -40 is basically the point where both those two scales intersect?  -40C ~= -40F

 

Aside: seems like temps in France are reaching near -40, but only if you take the windchill factor into effect.

Sun, 02/05/2012 - 14:52 | 2128998 Michael
Michael's picture

Fuck the UN. The UN should be irrelevant to American values. I agree with China and Russia for their decision.

What we should be promoting is universal gun ownership and put an AR17 in the hands of every Syrian citizen.

Sun, 02/05/2012 - 16:14 | 2129169 JW n FL
JW n FL's picture

 

 

other

WO9520816

 

- LEWAN MATS: 'Cold fusion may provide one megawatt in Athens' INTERNET CITATION, [Online] 02 February 2011, XP003027505 Retrieved from the Internet:

 

- See also references of WO 2009125444A1

 

https://register.epo.org/espacenet/application;jsessionid=C0EFC1CB4CE2FFB48F70B8E6F5F79D83.RegisterPlus_prod_1?number=EP08873805&tab=main

 

http://peswiki.com/index.php/News:Rossi_Cold_Fusion

 

Successful Test of 1 MegaWatt Cold Fusion E-CAT w Q&A by Sterling Allan - Oct 28 2011 - Part 3 of 5

http://www.youtube.com/watch?v=p1W3Vm1HUO8&feature=endscreen&NR=1

 

Mon, 02/06/2012 - 05:42 | 2130006 Ying-Yang
Ying-Yang's picture

Have you pre-ordered your own E-cat yet? Looks promising and I hope the company does not get nuked.

Mon, 02/06/2012 - 07:57 | 2130071 GetZeeGold
GetZeeGold's picture

 

 

Puty drives his E-cat with his shirt off........looks cooler that way.

 

 

 

Sun, 02/05/2012 - 23:34 | 2129786 mkhs
mkhs's picture

Thank god for global warming.  Imagine what it would be otherwise.

Sun, 02/05/2012 - 13:34 | 2128767 Oh regional Indian
Oh regional Indian's picture

Looks more like Schroedinger's paradox to me. Feels more like a boiling point in freezing times.

The UN is a club Plain and simple. A Bully Club and now they have a Billy Club, blue helmeted and all. I think we can shortly expect UN troops becoming parts of "willing coalitions" as democracy is gifted to all parts of th eworld, willing or other-wise.

Be nice to see it crumble under the weight of it's own fakeness. Peace my ass. Peace-keepers my ass. Raping, human-trafficking, merciless-killing. That is peace-keeping operations for you. Gratuitous LIFE photography aside.

ori

/san-onofre-33rd-parallel-4th-7th-feb-

Sun, 02/05/2012 - 14:23 | 2128942 SAT 800
SAT 800's picture

Just imagine if France had colonized India instead of England, you wouldn't know how to speak English, and we wouldn't have to read this useless crap.

Sun, 02/05/2012 - 14:52 | 2129001 Oh regional Indian
Oh regional Indian's picture

Très bon point, monsieur SadAssTroll.

ori

Sun, 02/05/2012 - 23:44 | 2129793 jeff montanye
jeff montanye's picture

nice.

Mon, 02/06/2012 - 01:53 | 2129916 BorisTheBlade
BorisTheBlade's picture

Touché

Mon, 02/06/2012 - 23:20 | 2132813 Flakmeister
Flakmeister's picture

/hattip

Mon, 02/06/2012 - 23:03 | 2132774 ucsbcanuck
ucsbcanuck's picture

What happened SAT? Your job got outsourced? Oh, you poor thing.

Anyway, time to educate you - France did colonize India:

http://en.wikipedia.org/wiki/French_India

Sun, 02/05/2012 - 13:53 | 2128829 CrashisOptimistic
CrashisOptimistic's picture

Note that the cut off of nat gas flow to Europe was done in accordance with agreements that exist with Europe for that flow -- namely that if there is a spike in Russian domestic demand, it gets supplied first and exports last.

Russia had the same extreme cold snap and so had to supply the rise in their domestic demand.

This is the reality facing the non oil producing world.  Oil producers have domestic demand and because they almost always subsidize domestic pricing, that domestic demand grows sharply.  A price of 25 cents a gallon of gasoline will generally always make it the selected solution to an energy problem (portable gasoline powered Honda generators rather than some more expensive power source).

This means that (for example in Saudi Arabia -- 7%/yr) domestic oil consumption rises and export of oil declines.  

At the present rate of export decline, Saudi Arabia will export ZERO oil by 2030.  THe world can't tolerate that, but of course neither can they from an export revenue perspective.  Bottom line: They can't grow production to fix this.

Sun, 02/05/2012 - 23:45 | 2129797 jeff montanye
jeff montanye's picture

but europe has a backup plan:  they can put their committee on high alert.  haven't had to yet, so that's like an ace in the hole.

Mon, 02/06/2012 - 09:33 | 2130231 Marco
Marco's picture

Is it really a worse backup plan than "more wars in the middle east"?

Sun, 02/05/2012 - 12:03 | 2128524 tmosley
tmosley's picture

No, you worship Ba'al because you refuse to consider even the possibliity of technological advance, or the fact that some things in life are caused by government regulation and NIMBY rather than your god, Peak Oil.

But then, you have always used any and all logical fallacies to try to make your "point" that no one should do anything and jsut sit and wait for death.  Fuck logic, fuck history, fuck supply and fuck demand, right?  Oh yeah, and before you forget, be sure to accuse everyone ELSE of using the logical fallacies you yourself take so much advantage of so you can deflect all criticism of your use of such as "coming from the KING of $logicalfallacyname".

Set up a structure of excuses and externalize your inadequacies more, faggot.

Sun, 02/05/2012 - 12:29 | 2128571 trav7777
trav7777's picture

ROTFL.

You are a moron who doesn't even know Jevon's Paradox.

Most of your post is a strawman.  Not my fault you really are the king of it.

BUT THEN I JUST WORSHIP BALE

Good fuckin god, you are stupid.

Sun, 02/05/2012 - 12:54 | 2128632 kito
kito's picture

@trav-- the two of you are worse than the Israelis and Palestinians

Sun, 02/05/2012 - 13:16 | 2128691 CrazyCooter
CrazyCooter's picture

While both of them occasionally post excellent thoughts, I don't recall anything valuable being contributed during the pissing contests.

Regards,

Cooter

Sun, 02/05/2012 - 13:40 | 2128797 chumbawamba
chumbawamba's picture

Those two need to get a room already.

-Chumblez.

Sun, 02/05/2012 - 13:18 | 2128696 francis_sawyer
Sun, 02/05/2012 - 15:19 | 2129054 Hulk
Hulk's picture

I sure hope Trav doesn't get nucs first !

Sun, 02/05/2012 - 13:07 | 2128665 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Tmosely,

Your posts don't make any sense.  First you lead with ad hom EVERYTIME, which destroys your arguement.  Next you tell me that technology will save us because it always has, another fallacy.  And on this subject, which technology?  The one that will extract oil from the ground?  Because if we stick a bigger straw in the sundae we will only drink faster.

And as far as "abiotic oil", there is no evidence of it.  None.  Find some and post it here if you have it, but since we have been having this roundabout discussion for years now, I don't believe you have it.

I understand that it is scary to think that we are on the verge of running out of our most accessable and cheapest energy source, but we don't live in Never-never Land.  The earth is a thing, things are finite.

Sun, 02/05/2012 - 13:40 | 2128799 disabledvet
disabledvet's picture

perhaps if he opened with an Ad Hummin'en attack instead...like this!
http://www.youtube.com/watch?v=SILLltMB048&feature=player_detailpage

Sun, 02/05/2012 - 13:44 | 2128810 oddjob
oddjob's picture

Travs posts dont make any sense as well. How can one be a proponent of diminishing energy supplies and take the attitude towards Silver that he does. If oil is abiotic, Silver for solar is overvalued, if oil is not abiotic , Silver is invaluable for future energy production.

Sun, 02/05/2012 - 13:55 | 2128845 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

We all have our misconceptions.

Sun, 02/05/2012 - 14:01 | 2128871 tmosley
tmosley's picture

I'm sure you meant to say "biases".

Or perhaps "religious zealotry", in which case I disagree with you.

Sun, 02/05/2012 - 14:10 | 2128883 CrashisOptimistic
CrashisOptimistic's picture

The most important item in replying to your post is to try to make something clear that the MSM waves a hand at:

There Is No Energy Crisis.  There is an oil crisis.  They are not the same thing.

There is always a smooth preference to rephrase talk about oil and instead talk about energy.  This is wrong and crushingly wrong.

Oil has no replacement.  There is no substitute.  Electric cars cannot carry refrigerated meat from Omaha to NYC.  Only diesel powered trucks do that.  It takes 740 watts to make just 1 horsepower.  A 400 horsepower engine in an 18 wheeler is 300,000 watts.  The batteries for that kind of power for a few hundred miles could not be portable.

When the talk is about oil, talk only about oil.  When it's about energy . . . it's largely a waste of time.  Energy doesn't bring food to grocery store shelves.  Oil does.

Sun, 02/05/2012 - 14:58 | 2128926 oddjob
oddjob's picture

In no way am I suggesting that electric can entirely replace carbon fuels. It can help conserve. Per acre greenhouses can outproduce farmland by a longshot. When I see ski lifts shutting down their diesel electric powerplants, then I will know there is an acute shortage.

Sun, 02/05/2012 - 15:57 | 2129135 granolageek
granolageek's picture

Electric trains however  can bring refrigerated meat from Omaha to NYC, and electric trucks can deliver it within the city limits.

 

Your point works much better in rural areas. From city to city, and within cities, electric transport is quite feasible. It would be painfully more expensive, say like $6.00 gasoline, but not catastrophic.

Sun, 02/05/2012 - 16:11 | 2129148 CrashisOptimistic
CrashisOptimistic's picture

No they can't.  You see any railways from Omaha to NYC with electric wires over them?  

Trains run on diesel.  Not batteries.  The purely electric trains (light rail) you see around are purely local and carry 2 or 3 passenger units.

It's a physics problem.  Not an engineering problem.  745 watts per horsepower.  You just can't build electrics that can do thousands of horsepower from batteries.

Want another crusher?  A team of oxen can plow 1 acre of land in 8 hours.  A John Deere 400 HP+ tractor can do it in 2.3 minutes.  And it can do that as part of hundreds of acres it must do that day to feed 7 billion people.  You can NEVER do that with batteries.  They will drain in 10 minutes, and sink the tires into mud before that because of their weight.

This is not the sort of problem that can be solved with engineering advances.  This is 80 million years of energy concentration in 42 gallons of volume.  You can't fix that in less than 80 million years.

Sun, 02/05/2012 - 18:22 | 2129402 trav7777
trav7777's picture

it is possible to do electric freight trains.  Gonna require a ton of juice and a lotta wires.  No way with batteries.

Sun, 02/05/2012 - 23:44 | 2129794 sun tzu
sun tzu's picture

Where has it been done?

Mon, 02/06/2012 - 02:35 | 2129928 Oh regional Indian
Oh regional Indian's picture

Are you guys serious?

 

All over the world. Electric Trains with hundreds of thousands of miles of overhead electricity. Just google it.

ori

Mon, 02/06/2012 - 16:13 | 2131606 DaveyJones
DaveyJones's picture

true ORI. The real idiocy of course has been blowing the back end of oil supply on wars and hummers instead of building the new systems. Every year that goes by lying and hiding and wasting only makes the transition more tragic. The new systems will have to be electric in the long run. Even nuclear takes a hell of a lot of resource and energy to build and its resource will not last that long. Much of the solution is localization - in food production, in energy ( to save transportation loss) in manufacturing, and in everything else. This is how the pre-oil world generally ran, this is how the post world will as well.  

Thu, 02/09/2012 - 17:37 | 2143619 Axenolith
Axenolith's picture

Everywhere.  Technically, all trains are electric ('Cept maybe Zimbabwe and a few others, In Zim, heard they'd taken the steam loco's out of mothballs because they couldn't pay to service the diesels a while back).  They have a big diesel engine in them that generates power to run their traction motors.  The big fans on the tops of the locomotives are for shedding the heat when they brake by dumping motion generated power into large resistors.

The distances in the US are probably to far to do it without losing an uneconomical amount of power to transmission line losses.

Sun, 02/05/2012 - 18:16 | 2129387 trav7777
trav7777's picture

HUH?

The SOURCE of oil is utterly irrelevant.

Buying silver into a price bubble is dumb.

You are guilty of petitio principii.

I shit on silverbugz and the absurd crap they say

Sun, 02/05/2012 - 20:10 | 2129548 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Price bubble?  Not in real terms.  The high was $50 decades ago.  The dollar has inflated drastically.  Silver will be at its peak price point at $150, and that is when the lemming investors will start buying.

Sun, 02/05/2012 - 19:36 | 2129511 The4thStooge
The4thStooge's picture

Tesla was working on free energy (as in unlimited, with 0 imput costs) over a hundred years ago. He was shut down by who? John P. Morgan!

Mon, 02/06/2012 - 03:08 | 2129954 matrix2012
matrix2012's picture

oddjob, may you pls explain further yr below lines:

"If oil is abiotic, Silver for solar is overvalued, if oil is NOT abiotic , Silver is INVALUABLE for future energy production."

Mon, 02/06/2012 - 10:23 | 2130343 oddjob
oddjob's picture

invaluable=valuable beyond estimation

If oil is valued for energy within, a substance that can produce near endless electricity thru sunlight has to be equally or more valuable. In 200 years there will be solar panels, but Kenworths will be few and far between.

Tue, 02/07/2012 - 13:30 | 2134323 matrix2012
matrix2012's picture

oddjob, thx for explaining

just don't think humanity can wait another 2 centuries for a very effective/cheap solar panels... 20 years may sound more acceptable :)

Sun, 02/05/2012 - 14:00 | 2128867 tmosley
tmosley's picture

There are numerous technologies out there.  The only question is "how expensive does energy or fuel (these are seperate issues, and are not to be conflated) have to become before they become economical?

The answer is "not much".  Energy dense fuel can be made from algae, or produced from natgas if you like.  Energy can currently be produced to power this process from nuclear (NIMBY!=peak anything) or wind (which has a positive EROEI, but not nearly as great as nuclear).

Peak theorists love to bring up the abiotic oil strawman, despite the fact that it has been PROVEN to exist (though the rate of replacement is very much in doubt), but that isn't the point, any more than the rise or fall of whale oil production was the point.  The real point is that oil is not the end all be all of human existance.  There are plenty of other ways.  Peak oilers don't care to change.  THey'd rather die, and they would rather not hear about anyone thinking that there is a bright future beyond the dark age of government intervention.

Sun, 02/05/2012 - 14:15 | 2128917 Flakmeister
Flakmeister's picture

You really should try to get a gig on a Fox News science and technology show...

I think you would fit right in....

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