BBC Hardtalk - Oil and Gas Discussions18 Mar 2022 10:54
I watched BBC's Hard Talk this morning which was on the EU's stupidity when it comes to oil and gas and its 60% dependency on Russia which it has keep and will for perhaps seven years be beholden to Russia as it takes them that long to transition away, if they ever can.
The gist of the program was:
"Every time you hear a European leader condemn Vladimir Putin's invasion of Ukraine it is worth remembering one salient fact - with every month that passes European nations continue to pour billions of dollars into Putin's coffers thanks to Europe's continued reliance on Russian oil and gas. Stephen Sackur is in Brussels to speak to the EU Commissioner for Energy, Kadri Simson. Can Putin continue to count on Europe's addiction to his oil and gas?"
What a non-entity she was. An Estonian, once under Russian rule herself, all she could do was waffle. Sacker gave her a "hard" time as he pointed out that Putin had Germany in his pocket as it would not allow Swift to be sanctioned because Germany uses Swift to pay its billions of euros per month to Putin for his gas and oil and that money was being used to fund the war. And Germany says it will be weaned off Russian fossil fuels in seven years.
Simson also said Van Der Laden is scurrying around the world trying to find alternative sources of oil and gas. I wonder did she approach Ryan?
One place mentioned was Saudi Arabia, as Sacker said, one dictator to another who just executed about 70 people last weekend in one fell swoop.
A final point, if Ireland thinks England is going to play big brother when Russian oil and gas are switched off and they too are left short, which could happen very fast if Putin got it in his head to do it, do you think they are going to deprive themselves of oil and gas and just send it willy-nilly on to Ireland? It took us 800 years to get rid of them Do we want them back?
And as for Norway pumping more oil and gas, I also listened to The Prime Minister of Norway, Jonas Gahr Store, on a previous episode and he said "hat war in Ukraine would not end if European countries stopped buying Russian oil and gas." and he also said Norway is pumping at capacity and will not be able to supply any more that it does at the moment so that is a bit of a "stopper" for Ireland as the gas coming from Moffatt is made up of Russian and Norwegian oil.