Russia Has a BIG Energy Problem
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Published 2024-06-26
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Selected Sources:
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For unbiased coverage of the Ukraine War, be sure to visit: ground.news/interest/ukraine-crisis?utm_source=ica…
foreignpolicy.com/2023/01/19/russia-ukraine-econom…
www.reuters.com/markets/commodities/how-much-crude…
All Comments (21)
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Thanks for watching! Check out my new second channel for several extra videos every week: youtube.com/@PaulJWarburg
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Putin trading Europe as a partner for North Korea. Genius 😂
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Putin thought he was a Tsar when in reality he was a gas station attendant.
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Here in the U.K most of my family have frozen to death and I’m still eating squirrel - just as Putin predicted. Oh, wait 😉
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This couldn’t happen to a crappier country
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guess russia learned a very simple truth: It is much easier to find a new supplier, than it is to find a new customer. If you have money and are willing to pay, there will always be someone willing to supply. It may take a few years to build new supply chains, but no supplier is irreplaceable. Finding a new market is much harder, especially if you are seen as an unreliable supplier.
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I don`t think there will be any Putin statues in city centers in the future
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"Started to build their portion of the pipeline before china even agreed" is so funny
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Dictator Xi to Dictator Putin: "Your dictatorship is now my dictatorship's discount gas station. Thanks for the cheap oil, comrade."
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Putin just failed Russia. It is like to loose a game on easiest difficulty
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Good video. One point you overlooked is the most technologically challenging energy projects were developed by foreign companies with outside technical experts. With those avenues gone, they can’t get replacement parts or properly maintain themZ
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Don't forget - Gazprom (russian state petroleum company) is now LOSING money instead of barely gaining it.
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When performing test crashes for the Federal Highway Safety Institute we used to mark the weak points "weak" now we just mark them "russia". Which not only means weak but poorly designed.
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Imagine Russia being a civilized peaceful country trading with its neighbours....... nah will never happen. 😏
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The really scary part for Russia is that most of the EUs gas replacement strategy was not buying gas from other producers, but replacing gas with green alternatives like heat pumps, renewable electricity and so forth. This is very likely never going to come back. Even if Putin gets replaced by a democratic government and the EU wants to buy gas from them to no longer buy from say Algeria or import LNG.
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Putin didn't realise how much of the strength and skill of the Soviet Union was, not in Russia as Putin had assumed, but in Ukraine.
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I am glad you mentioned the ukrainian discovered reserves. Most people forget about that. Ukraine could have substitute Russian gas for decades to come so Russia would have been out of business.
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Fantastic explanation! I would add that the timing of the Ukraine invasion was strategic. NATO was seen as a weak organization that outlived its purpose. When Trump was president he said that NATO had outlived its purpose. Who was going to stop Russia once Putin invaded Ukraine? Ukraine has a population about the size of California which meant it should have been a quick invasion, especially since Ukraine, like Russia, had a lot of government corruption and Zelenskyy was seen as a buffoon. The Ukraine invasion began in 2014 when Russia took control of various parts of Ukraines land. The second of invasion was supposed to be the final blow. Why President Obama did not take action against Putin during the initial invasion is a mystery to me.
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The russian trolls work so fast
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Can’t happen fast enough.