Comments by "Far Centrist" (@far_centrist) on "Gas Prices Surge as Russia Keeps Crucial Pipeline Closed" video.

"emergency meeting" aka the "we're going to meet up and talk nonsense to show you folks that we are doing something" plan
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US no longer exported their LNG to europe. they dont even have enough for themselves currently. at least if they want to subsidize to keep the economy stable. especially with winter closing in
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@ErikB605 the analogy didn't work because people dont need mcdonalds to live (maybe in america they do but whatever). however gas and oil is an essential energy commodity that's the backbone to powering our civilization. so people will keep buying.
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@ErikB605 well that's true but russia doesn't have to export them to the EU. Currently india, china, turkey, and the UAE have been big export partners for russian energy. So russia can play the long game, while the EU can't, because its industry depends greatly on energy imports. And the one that provided cheap energy for them before the war was russia. I think the EU will buckle before the winter arrives.
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@ErikB605 if russia wants to make top profit then yeah. But between supplying a hostile country or selling it elsewhere, the choice is obvious. And like i said, it's sustainable due to the high market price and high demand. China, india, and UAE keeps buying more and more russian energy to refine and resell at an inflated price. Recent reuters article had outline that the EU is buying more indian oil and chinese LNG. Where did you think it came from? And russia is selling crude oil to india for a 30% discount. That's not a "fraction". At the end of the day, the point stands, russia can play the long game, even at a loss of profits, the export income is still more than enough to support the russian economy. And time is not a luxury the EU has, either they will cave and lift sanctions, or they will resort to dictatorship. Protests had started all over the EU. prague, paris, amsterdam, etc. All came from the same root, high market price due to sanctions.
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@ErikB605 yes, but remember that russia isn't the one that's facing a crisis. Current exports more than make up for the loss of selling to the EU. Sure russia profits less, but it still profits. Meanwhile the EU is rationing gas and facing blackouts with electricity prices went through the roof. Like i said, russia can play the long game, till the EU comes to their senses. If they never do, a long term solution is currently being built. If russia is in a great need for money, they won't shut down or complicate the nord stream 1 issue in the first place. The fact that they do means they are doing alright in terms of energy exports.
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@ErikB605 they cant, that's why they are currently building a new pipeline.
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@therealjohnnyfu agreed. Not to mention low national debt which most of them no longer has to be paid since the US has blocked the payment and financially hurts US debtors just to put on an illusion that russia has "defaulted", a narrative that no one really believes.
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