The increase in the price of oil has nothing to do with the war in Ukraine. No oil fields have been destroyed and the Russians need to sell their oil to finance their war. The explosion in the price of oil is due to the unprecedented sanctions taken on Russia which has made its oil so toxic that nobody wants to touch it. As there is no spare capacity, the price of oil will continue to surge until either, Biden loosens the sanctions or there is demand destruction.
The rise in the price of oil is entirely the fault of Biden, first with his energy transition policy which has brought the price of gas at over $5 per gallon in the Bahamas and now it could double due to the sanctions imposed on Russia by the USA.
Breaking news. Biden has completely wrecked the oil market by making Russian oil untouchable. We are going to see an oil crisis not see since 1979. But remember when you pay $10 per gallon, this is to punish Putin (says Biden).
However, I fear that his conclusion may be erroneous. With this war Putin has overplayed his hand and now Biden and his European allies are intent on destroying the Russian economy, at whatever the cost may be for the rest of the world. As for NATO it will be strengthened as it is finally able to justify its existence and Finland and Sweden have expressed a desire to join.
BTW the barrel of oil is up 11% today because of the sanctions imposed on Russia (highest price since 2014). This is what you call shooting yourself in the foot. Unfortunately the Bahamas will be a collateral victim of this war.
Can she tell us why the UK has been silent on the continuous bombing by Saudi Arabia of Yemen for the past 8 years? At the last count there were over 100,000 deaths. Saudi Arabia also has a bloody dictator who cuts to pieces critics such as Khashoggi or who beheads children because they posted a critical messages on social media. But no, nothing, no outrage, no sanctions, on the contrary the UK and USA are assisting Saudi Arabia in the war against Yemen.
Also painting Ukraine as an ideal democratic and sovereign nation vs a “corrupt” Russia is just not true.
In 2016 Biden ordered Ukraine to fire the prosecutor who directed investigations into the natural gas company that hired his son to serve on its board of directors. Does that sound sovereign to you?
In 2020 the main opposition leader was put under house arrest and his assets frozen. The same year three TV channels were shut down.
About corruption, Ukraine is rated in the top 3 most corrupt countries in the world according to Erst & Young (Russia is not part of the top three).
Ukraine has neo-Nazi military units. This is from Wikipedia: "Azov Battalion, is a right-wing extremist and neo-Nazi Ukrainian National Guard unit, based in Mariupol, in the Azov Sea coastal region. It saw its first combat experience recapturing Mariupol from pro-Russian separatists forces in June 2014."
I will stop here although I could continue. When the UK will start taking the same interest in protecting persons of color being bombed, as when it happens to white people, I may start listening to you.
Proguing says...
How about making the cruise ships pay for the rehabilitation of our reefs?
On Warning over coral plague
Posted 2 March 2022, 1:57 p.m. Suggest removal
Proguing says...
The increase in the price of oil has nothing to do with the war in Ukraine. No oil fields have been destroyed and the Russians need to sell their oil to finance their war. The explosion in the price of oil is due to the unprecedented sanctions taken on Russia which has made its oil so toxic that nobody wants to touch it. As there is no spare capacity, the price of oil will continue to surge until either, Biden loosens the sanctions or there is demand destruction.
On GOVT STEPPED IN TO BLOCK BPL RATE RISE: Planned increase shelved after Cabinet ruled rise needed ministers’ approval
Posted 2 March 2022, 1:53 p.m. Suggest removal
Proguing says...
The rise in the price of oil is entirely the fault of Biden, first with his energy transition policy which has brought the price of gas at over $5 per gallon in the Bahamas and now it could double due to the sanctions imposed on Russia by the USA.
On ‘We stand with Ukraine – it will affect us too’
Posted 2 March 2022, 5:20 a.m. Suggest removal
Proguing says...
Breaking news. Biden has completely wrecked the oil market by making Russian oil untouchable. We are going to see an oil crisis not see since 1979. But remember when you pay $10 per gallon, this is to punish Putin (says Biden).
On ‘We stand with Ukraine – it will affect us too’
Posted 1 March 2022, 6:10 p.m. Suggest removal
Proguing says...
This is a good article for once by Mr. Allen.
However, I fear that his conclusion may be erroneous. With this war Putin has overplayed his hand and now Biden and his European allies are intent on destroying the Russian economy, at whatever the cost may be for the rest of the world. As for NATO it will be strengthened as it is finally able to justify its existence and Finland and Sweden have expressed a desire to join.
On Hopefully the end of NATO
Posted 1 March 2022, 3:28 p.m. Suggest removal
Proguing says...
This will only have a temporary effect. We are moving into a period of Stagflation.
On ‘We stand with Ukraine – it will affect us too’
Posted 1 March 2022, 1:52 p.m. Suggest removal
Proguing says...
When he was VP. Here is the video of him bragging about it:
https://www.youtube.com/watch?v=UXA--dj…
On ‘We stand with Ukraine – it will affect us too’
Posted 1 March 2022, 12:37 p.m. Suggest removal
Proguing says...
BTW the barrel of oil is up 11% today because of the sanctions imposed on Russia (highest price since 2014). This is what you call shooting yourself in the foot. Unfortunately the Bahamas will be a collateral victim of this war.
On ‘We stand with Ukraine – it will affect us too’
Posted 1 March 2022, 12:33 p.m. Suggest removal
Proguing says...
Can she tell us why the UK has been silent on the continuous bombing by Saudi Arabia of Yemen for the past 8 years? At the last count there were over 100,000 deaths. Saudi Arabia also has a bloody dictator who cuts to pieces critics such as Khashoggi or who beheads children because they posted a critical messages on social media. But no, nothing, no outrage, no sanctions, on the contrary the UK and USA are assisting Saudi Arabia in the war against Yemen.
Also painting Ukraine as an ideal democratic and sovereign nation vs a “corrupt” Russia is just not true.
In 2016 Biden ordered Ukraine to fire the prosecutor who directed investigations into the natural gas company that hired his son to serve on its board of directors. Does that sound sovereign to you?
In 2020 the main opposition leader was put under house arrest and his assets frozen. The same year three TV channels were shut down.
About corruption, Ukraine is rated in the top 3 most corrupt countries in the world according to Erst & Young (Russia is not part of the top three).
Ukraine has neo-Nazi military units. This is from Wikipedia: "Azov Battalion, is a right-wing extremist and neo-Nazi Ukrainian National Guard unit, based in Mariupol, in the Azov Sea coastal region. It saw its first combat experience recapturing Mariupol from pro-Russian separatists forces in June 2014."
https://en.wikipedia.org/wiki/Azov_Batt…
I will stop here although I could continue. When the UK will start taking the same interest in protecting persons of color being bombed, as when it happens to white people, I may start listening to you.
On ‘We stand with Ukraine – it will affect us too’
Posted 1 March 2022, 11:53 a.m. Suggest removal
Proguing says...
Can he also say something about Yemen and Palestine at the same time?
On Davis to speak on Ukraine issue
Posted 28 February 2022, 7:24 p.m. Suggest removal