The Brink of War?

[Moses]

And go with what as the global reserve currency? There's no competition.

The Yuan and Euro aren't exactly great replacements for the US dollar.

Yeah. UK said the same about pound 100 years ago... where it is now?

[dab69]

You forgot to add point 0 (zero): to invent how to make cheap fertilizers and avoid to use gas.

Russian army quote: "Better to be deserter than fertilizer"

[Dodger]

"Stopped"??? Will stop, maybe, if will find another supplier.

We already have another supplier..."The Earth".

The future is in “biofuels” not “fossil fuels”.

Renewable hydrocarbon biofuels (also called green biofuels) are fuels produced from biomass sources through a variety of biological, thermal, and chemical processes. These products are chemically identical to petroleum gasoline, diesel, or jet fuel, therefore minimize compatibility issues with existing infrastructure and engines. International teams of well-funded leading scientists have been working on this project for over two decades now, and a variety of different Biofuels have already been developed, tested, and deemed as being environmental-friendly replacements for conventional diesel, jet fuel, and gasoline.

The situation we’re faced with now will almost certainly accelerate the production and use of these biofuels which I see as a good thing. More jobs will be created in the biofuel industry...the environment will actually start to get protected (what a concept), and production of biofuels, even in the early stages, can help offset the shortages caused by the termination of Russian energy supplies.

The full transition from fossil fuels to biofuels could take another two decades, but at least it provides our children and grandchildren with something positive to work towards and keeps the planet safe in the mean time (in more ways than one).

[cdnmatt]

Biden gives green light for Ethanol-15 gas mix for the rest of the year. So in good news, gas in the US should go down a little. In bad news, more people around the world are going to starve to death.

Also reports Russia is struggling to replenish with new troops / reserves and are at minimum weeks away from being able to do so. Instead, they're just going to cobble together units using the already battered and bruised troops that have been fighting in Ukraine, and send them in for another siege in the east.

And EU is promising another round of sanctions by Friday. Wonder if this is the one that not only bans Russia oil and gas, but also puts an embargo on it so Russia simply can't get oil and gas out to the market?

[Moses]

Wonder if this is the one that not only bans Russia oil and gas, but also puts an embargo on it so Russia simply can't get oil and gas out to the market?

Yeah. Just do it! (green - countries what supports sanctions)

Sanctions_2014_Russia2.jpg

[Moses]

We already have another supplier..."The Earth".

The future is in “biofuels” not “fossil fuels”.

Renewable hydrocarbon biofuels (also called green biofuels) are fuels produced from biomass sources through a variety of biological, thermal, and chemical processes. These products are chemically identical to petroleum gasoline, diesel, or jet fuel, therefore minimize compatibility issues with existing infrastructure and engines. International teams of well-funded leading scientists have been working on this project for over two decades now, and a variety of different Biofuels have already been developed, tested, and deemed as being environmental-friendly replacements for conventional diesel, jet fuel, and gasoline.

The situation we’re faced with now will almost certainly accelerate the production and use of these biofuels which I see as a good thing. More jobs will be created in the biofuel industry...the environment will actually start to get protected (what a concept), and production of biofuels, even in the early stages, can help offset the shortages caused by the termination of Russian energy supplies.

The full transition from fossil fuels to biofuels could take another two decades, but at least it provides our children and grandchildren with something positive to work towards and keeps the planet safe in the mean time (in more ways than one).

Once again. 80% of gas is used for to manufacture fertilizers. Fertilizers are made from gas. You can't substitute gas in production of ammonium

[cdnmatt]

Yeah. Just do it! (green - countries what supports sanctions

Google a comparison of US + EU + Australi navy vs. the rest of the world.

Yeah, I'm pretty confident an embargo is possible. There's definitely a lot of rumors floating around about it. Besides, it's US military power that has been keeping the oceans safe for commerce since the end of WWII, so....

[Moses]

Google a comparison of US + EU + Australi navy vs. the rest of the world.

Well, you mean navy will race by ocean and check every shipment. Besides it will cost billions for taxpayers, it will looks like a piracy. Less than 5% of ships are busy in delivery of Russian goods, but navy will have to check every ship. Sounds crazy, but who cares when Alzheimer ruling, right?

1617040040_36-p-dzho-baiden-39.jpg

And one more question: how navy will stop pipelines, highways and railroads from Russia to south: China, India, Pakistan, Iran, Central Asia?

[cdnmatt]

Moses, whether or not an embargo is technically possible isn't up for debate. It is.

It's whether or not the West, mainly Europe, are willing to voluntarily turn the Russian taps off. There's a decent chance Western leaders are working from the perspective that those taps are probably getting turned off in the near future no matter what anyway, so...

Then pretty near all oil fields in eastern Russia were developed post Soviet era using Western companies and technology. Now that folks like Exxon, Shell, Haliburton, Sumbergeigh and so on have all pulled out of Russia, they will slowly fall into disrepair and production from them will slowly decrease over the months, as Russia doesn't have the tech in-house to properly maintain those oil fields. That means the oil flowing to your BFF China will also slowly decrease as the months tick by.

[Dodger]

Once again. 80% of gas is used for to manufacture fertilizers. Fertilizers are made from gas. You can't substitute gas in production of ammonium

I understand the point you're trying to make, but think you may have the numbers backwards:

Most natural gas in the bulk chemicals industry is used for heat or power applications, with about 25% of bulk chemical natural gas consumption being used for feedstocks in agricultural chemicals (ie, fertilizer) and methanol production. Even with the termination of one supplier of natural gas (in this case Russia), most countries should still be able to procure enough gas to support fertilizer production until alternatives become available.

Making fertilizer from fossil fuels is responsible for more than 20% of agriculture’s huge carbon footprint, and fertilizer that washes off fields pollutes water and causes dead zones in the ocean. Not to mention global-warming from greenhouse gas emissions - which is the second-largest source of climate change pollution Worldwide. In short, making fertilizer from fossil fuels is ruining our environment.

Biofertilizers contain organic materials and are preferred over chemical fertilizers because they are not harmful, and they don’t reduce the fertility of the soil while continuous. They have apparently been in use a long time, and used for growing crops like wheat, maize, mustard, cotton, potato and other vegetable crops.

Research at Harvard University recently raised $50 million to help bring an alternative product to market—fertilizer that uses microbes, instead of fossil fuels, to give plants the nitrogen they need to grow quickly. These are the types of environmental-friendly fertilizers that the world will be transitioning to in the future. It's not like we have a choice.

I don’t doubt for a minute that there will be examples of food shortages due to the termination of Russia’s energy supplies, but attribute this more to the complexities involved in managing the massive changes in global supply-chain management than anything else.

https://news.harvard.edu/gazette/sto...eed-the-world/