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OT: World Politics

Putin's running low on cash and missed her last payment.

Ukraine needs to keep hitting those oil refineries. Everything needed to fix them is expensive and time consuming. Also, a lot of O&G equipment is covered by sanctions, so hard AF to get.

I was at CNRL Horizons when this happened:


View: https://www.youtube.com/watch?v=XpDxiWyROb8

That was one coker unit going up (for reference, the upgrader unit the flame is coming out of is like 400+ feet tall...so that's a motherfucker of a flame stack coming out of it) and the total cost from what I was told ended up being 1.5-2 Billion to repair (including lost productivity) and took about 18 months to get up and running. From what I know, the ryazan facility that was just hit is about the same size as Cnrl horizons (350k barrel per day) and also suffered pretty significant fire damage post explosion.

Russia produces about 10 million barrels a day, their internal consumption is just under 4 (which they heavily subsidize the cost of). Their export sector doesn't have that much capacity if you start knocking 350k barrel facilities down for over a year on the regular
 
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Always wondered if Ukraine was waiting for the rest of Europe to be less dependent before they torched their oil refineries.

I was under the impression that civilians and oil facilities were off limits to secure military aid. But since that seems increasingly uncertain…
 
I’ll believe when I see it.

Tbh i think we're seeing a shift in real time right now with Macron taking charge like he has the last few weeks. My concern though is that Europe doesn't have the spare capacity to give Ukraine to tip the balance. I know Greece isn't exactly a power among European nations and every bit helps but that list of donations from yesterday was pretty sparse imo.

And thats what is being given because the US is updating European arsenals.
 
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