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re: Latest Updates: Russia-Ukraine Conflict
Posted on 3/8/22 at 8:15 pm to DabosDynasty
Posted on 3/8/22 at 8:15 pm to DabosDynasty
I'm happy they declined in a way. Time to trade with Canada a little more and get back to drilling domestically to a volume that makes sense.
1
Posted on 3/8/22 at 8:17 pm to RazorBroncs
quote:
That will only serve to piss off the American elites even more, sounds like a great idea!
What kind of control would the home offices of these companies even have over something like this happening? If the Ford plant in Russia chooses to keep making cars even though the "home offices" in America suspend their operations, what could even be done to stop them?
This could add an interesting new wrinkle to the push to bring domestic manufacturing back to America.
Happened in Venezuela as I recall, although I don't recall what degree of manufacturing was involved. Lots of hotels, etc. though.
Posted on 3/8/22 at 8:21 pm to RazorBroncs
I wouldn't want to be an American exec in Russia right now
You don't want Ivan and Sergei to come asking for your passport and become a Griner roommate. 
Posted on 3/8/22 at 8:26 pm to Sao
quote:
I'm happy they declined in a way. Time to trade with Canada a little more and get back to drilling domestically to a volume that makes sense.
Maybe this is where they should have started? Ideally before getting into a mess creating severe shortage and inflation of oil and gas? Maybe if this admin hadn’t shafted the keystone pipeline developers we’d be close to a completed pipeline with Canada to supply more oil than we lose from cutting Russia off.
Posted on 3/8/22 at 8:29 pm to RazorBroncs
quote:
What kind of control would the home offices of these companies even have over something like this happening? If the Ford plant in Russia chooses to keep making cars even though the "home offices" in America suspend their operations, what could even be done to stop them?
As connected as everything is today I'd be surprised if a Ford plant in Russia couldn't be essentially shut down remotely.
What I mean is I doubt the Ruskies could go in and just keep punching out Focus' or whatever they build without Ford being able to disable robots and other things in the plant.
Posted on 3/8/22 at 8:34 pm to DabosDynasty
We have a pipeline from Canada to Texas and other connections. We don't need the XL for flow. XL is minimum bbl per day anyway comparatively.
Posted on 3/8/22 at 8:35 pm to Sao
XL would transport more bpd than we currently import from Russia 
Posted on 3/8/22 at 8:40 pm to LegendInMyMind
quote:
quote: (Reuters) - A senior member of Russia's ruling party has proposed nationalizing foreign-owned factories that shut down operations over the invasion of Ukraine. Foreign companies including Ford and Nike have announced temporary shutdowns of stores and factories in Russia
The leadership of a country openly nostalgic for the USSR is turning towards socialism . Who’d a-thunk it. I’m sure glad I’m not one of their defenders.
Posted on 3/8/22 at 8:43 pm to DabosDynasty
Surely our 3% Russian imports are more than 470K bbl per that the XL is estimated to handle.
Posted on 3/8/22 at 8:45 pm to DabosDynasty
quote:
XL would transport more bpd than we currently import from Russia
Shhhhhhh! You're upsetting narratives, and that is unacceptable comrade
Posted on 3/8/22 at 8:49 pm to RazorBroncs
Sincerely not giving a narrative but thinking through the contingency.
Posted on 3/8/22 at 8:58 pm to Sao
KXL would’ve piped more heavy oil to Gulf Coast refineries primarily configured for heavy oil. That would’ve mostly supplanted the heavy oil or resid imported from Russia—or Venezuela if it comes down to it.
Cancelling KXL was a stupid, purely political maneuver. It has negligible impact on global oil prices but hurts logistically and geopolitically.
Cancelling KXL was a stupid, purely political maneuver. It has negligible impact on global oil prices but hurts logistically and geopolitically.
This post was edited on 3/8/22 at 8:59 pm
Posted on 3/8/22 at 8:59 pm to RazorBroncs
quote:
quote: (Reuters) - A senior member of Russia's ruling party has proposed nationalizing foreign-owned factories that shut down operations over the invasion of Ukraine. Foreign companies including Ford and Nike have announced temporary shutdowns of stores and factories in Russia That will only serve to piss off the American elites even more, sounds like a great idea! What kind of control would the home offices of these companies even have over something like this happening? If the Ford plant in Russia chooses to keep making cars even though the "home offices" in America suspend their operations, what could even be done to stop them?
Suppliers and after market parts are likely the bigger issue.
quote:
This could add an interesting new wrinkle to the push to bring domestic manufacturing back to America.
Eh, this is European manufacturing for the European market with a Ford label slapped on it. None of this is realistically coming back to the US (which in the auto world, means a Mexican maquiladora anyway, not Ohio or Detroit).
Poland, Romania, Turkey, North Africa, etc. will be the manufacturing beneficiaries of these moves.
This post was edited on 3/8/22 at 9:01 pm
Posted on 3/8/22 at 8:59 pm to RazorBroncs
Real talk. A couple of Google searches says we imported about 672,000 barrels per day of crude oil and petroleum products from Russia in 2021. They're saying that represents around 8%. Canada was 51% and I didn't see the number from Mexico (just curious about that route as well).
If we need to increase a bit from either, that is so much better than the SA or Venezuelan option.
Very interested in learning how the XL is holding us back. Reading a bit now so you guys jump in if possible.
Posted on 3/8/22 at 9:01 pm to AbuTheMonkey
Can’t wait for my Russian made Hilux with a Ford hood ornament
Posted on 3/8/22 at 9:03 pm to mattz1122
quote:
KXL would’ve piped more heavy oil to Gulf Coast refineries primarily configured for heavy oil
You're referring from Canada to Nebraska I believe
Posted on 3/8/22 at 9:06 pm to Sao
quote:
Surely our 3% Russian imports are more than 470K bbl per that the XL is estimated to handle.
XL would have transported 830k bpd. We imported 672k bpd from Russia last year.
Posted on 3/8/22 at 9:10 pm to DabosDynasty
quote:
XL would transport more bpd than we currently import from Russia
I read somewhere that the part of the Keystone that delivered oil to the U.S. was open and that they part that they wanted to complete would deliver to Mexico to be shipped overseas. Is this not accurate?
Posted on 3/8/22 at 9:10 pm to Sao
It links with the Keystone pipeline in Nebraska and continues to SE TX
Posted on 3/8/22 at 9:13 pm to Pettifogger
quote:
I know people will use this as evidence of Russia's true character But seems pretty natural to me in a war. What it really shows is that this is a real war where there are likely to be very prolonged consequences and isolation. I know that is obvious, but my generation is used to things being fixed up and put back together quickly.
On a serious note I can’t completely disagree. They’ll do what it takes to keep their economy alive which is objectively reasonable rather than some socialistic, ideological move. But on the “true Russian character” note, it’s not a terribly far removed extension of how the Russian economy has basically functioned over the last 30 years, which is mainly to say a kleptocracy serving to line the pockets of the Kremlins biggest Allies and functionaries , who were handed the keys after the break up of the ussr (which is what you have oligarchs from all the former Soviet states, including Ukraine). It’s an interesting evolution, whether or not it was planned.
This post was edited on 3/8/22 at 9:14 pm
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