Hypocritical Irony Alert: Guess who's buying Russian oil by the boatload?

The U.S. has been squeezing the Russian oil and gas industry since 2014.

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Just the other day we prepared to sanction our European allies for wanting to buy Russian gas.
We are determined to crush the Russian energy export market, unless they bend to our will.

Or so you would think.

In the first half of May, 13 ships from Russia delivered almost 5 million barrels of crude and oil products, according to a report by Caracas Capital Markets managing partner Russ Dallen. More supplies are en route, with American refiners set to triple their monthly intake of Russian crude, the largest foreign producer outside of OPEC. "Lately, Russian shipments coming to the U.S. seem to be on steroids."

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OK. I get it. Do as I say, not as I do.
I've seen this game before.
Which explains how "effective" the sanctions have been.

Russia has 21 companies on this year's Forbes Global 2000 list of the world's top corporations. Surprise! Seven of them are oil and gas companies.
...All seven of the Russian oil and gas firms on the Global 2000 have moved up the ranks this year. Gazprom is Russia's largest. It's ranked as the 40th largest corporation in the world, up from 43 the previous year.

Rosneft, the Russian oil and gas company run top-down by Igor Sechin, a man referred to behind the scenes as Darth Vader in Moscow, is now the world's 52nd largest corporation, up from 73 in 2017.

Our unilateral sanctions that have targeted these specific, government-owned Russian oil/gas companies, have grown and gotten richer under U.S. sanctions, partly because the U.S. itself has dramatically increased its imports of Russia oil.
Obviously other nations should respect our sanctions. Not.

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U.S. about to sanction Turkey

Turkey has a little more than two weeks to decide whether to complete a complex arms deal with the U.S. or risk severe penalties by going through with an agreement to buy a missile system from Russia, according to multiple people familiar with the matter.

By the end of the first week of June, Turkey must cancel a multibillion-dollar deal with Russia and instead buy Raytheon’s U.S.-made Patriot missile defense system — or face removal from Lockheed Martin’s F-35 program, forfeiture of 100 promised F-35 jets, imposition of U.S. sanctions and potential blowback from NATO.

As it stands now, the U.S. State Department’s current offer is the final one, multiple sources who spoke on the condition of anonymity told CNBC when asked whether the deadline had room for more extensions.

Turkey, a NATO member, is slated to receive the Russian-made S-400, a mobile surface-to-air missile system, next month. The S-400 is said to pose a risk to the NATO alliance as well as the F-35, America’s most expensive weapons platform.

The world's largest merchant of death doesn't like the competition

The United States has sanctioned two Russian arms manufacturers and a missile training center for allegedly violating international arms control restrictions on exports to Iran, North Korea and Syria.

The move was a response to the Russian entities' transfer of restricted goods, services and technologies to the countries in violation of a U.S. law, a State Department notification posted on the U.S. government’s Federal Register said Tuesday.

The new sanctions target the Gatchina surface-to-air missile training academy, the high-precision weapons maker Instrument Design Bureau (KBP) Tula and the Moscow Machine Building Plant Avangard. Avangard manufactures missiles for Russia’s S-400 and S-300 systems.

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In the winter of 2017-18 we bought Russian LNG in the Boston area. We needed it because it was an especially cold winter. So the US is trying to convince other countries to buy us oil and LNG but we buy Russian. I don't see Russia buying US oil and LNG. Russia is a reliable supplier and decouples business from politics, unlike the US where everything is politics.

The US has a severe energy problem in the near future. Fracked gas and oil are money losers in almost every quarter and the capital debt just keeps growing. On top of that the wells are short lived. We have a huge habit. The solution is of course to get off of oil and gas. Given the vested interests that's not going to happen. Screwing with Iran and Venezuela has worsened the problem, to the point now of buying Russian. I'll bet that Russia is using the proceeds to buy Venezuelan oil and sell it in Asia. It amazes me to see how America is run by really stupid people. Open mouth, insert foot, pull trigger. Yes, that stupid. We're lucky that Russia will sell us oil and LNG. I expect to see a big thank you to President Putin.

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Capitalism has always been the rule of the people by the oligarchs. You only have two choices, eliminate them or restrict their power.

is an integral part of the entire Project of the New American Century. Just as Dick Cheney's Halliburton violated U.S. sanctions on Iraq and paid an affordable fine for doing so, culprits engaged in ISIS oil smuggling during the current war in Iraq and Syria have never been brought to justice, though they have been easily identified by military surveillance .

In 2015 Putin accused the government of Turkey of allowing and taking part in the smuggling of ISIS oil:

https://www.theepochtimes.com/putin-says-russia-has-more-proof-isis-send...

Putin Says Russia Has ‘More Proof’ ISIS Sending Oil Through Turkey
BY JACK PHILLIPS
November 30, 2015

Russian President Vladimir Putin said it has received new intelligence that oil from areas controlled by ISIS is being moved through Turkey on a widespread scale.

Putin said that the Su-24 that was downed by Turkish jets on Nov. 24 in an attempt to secure ISIS oil deliveries into the country. The Russian president delivered his comments at the Paris climate change summit on Nov. 30.

“At the moment we have received additional information confirming that that oil from the deposits controlled by Islamic State militants enters Turkish territory on industrial scale,” he said, according to state-funded RT.

“We have every reason to believe that the decision to down our plane was guided by a desire to ensure security of this oil’s delivery routes to ports where they are shipped in tankers,” Putin added.

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snoopydawg's picture

@Linda Wood

Vlad had to shame Obama into lobbing a few bombs at the hundreds of miles long convoys. Obama said that he had to be careful because he didn't want to hurt civilians. lol... this from the kill list Tuesdays dude who said that he was "good at killing." Who knew?

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America is a pathetic nation; a fascist state fueled by the greed, malice, and stupidity of her own people.
- strife delivery

the state of affairs, including the oil resources being smuggled, in this discussion:

https://www.youtube.com/watch?v=zs06DsEVHFk

Putin: "US Is Arming ISIS Terrorists In Syria/Iraq For Oil Control"

Published on Nov 20, 2016

[10/22/2014] Putin revealed that the US and its allies (Saudi Arabia) are arming ISIS in order to control oil fields and overthrow Asaad in Syria. Valdai Discussion Club in Sochi, Russia

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