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re: Latest Updates: Russia-Ukraine Conflict.
Posted on 8/14/26 at 1:02 pm to texag7
Posted on 8/14/26 at 1:02 pm to texag7
quote:
I’ve spent the last hour swapping concaves.
You wouldn’t know what a wheat plant looked like.
I've spoken with an international grain trader with 50 years of experience, mostly with Continental Grain, the 2nd largest until it was bought by the largest, Cargill. He retired at the end of July but setting up a small trading company with a friend from Europe.
Posted on 8/14/26 at 1:15 pm to Trevaylin
quote:
LNG, [methane] would never be used for synthesis gas production
Why? Price alone I would assume. Around 2005 natural gas reached over $12 per MMBtu and the assumption was that the US would be using LNG imports for a variety of uses, including synthesis gas production. The LNG terminals were built to bring in natural gas, not export it.
Fracking is one of the best things to ever be developed in this country.
Posted on 8/14/26 at 2:06 pm to Tigris
quote:
Fracking is one of the best things to ever be developed in this country.
In 2005 we were importing Nat Gas at $12-15 MMBTU and we were producing 5 million bpd of crude.
And then Chesapeake figured out how to frac the Haynesville Shale. And then their engineers immediately quit and ran to the Permian and sold themselves to the independents out there who took the lessons to the oil patch.
Now in 20 years we're up from 5 million to 13.5 million and should hit 14 million next year. We've added 10% of the world's oil production to become the largest producer in the world.
If it weren't for fracking, how many wars would we be engaged in simultaneously around the world just to keep oil under $250 a barrel?
Three that I can think of. The Middle East. West Africa. And Venezuela.and probably the Arctic as well.
Our military budget would be $3 trillion a year and we would all be driving electric cars.
That's how fracking has done for us.
Posted on 8/14/26 at 2:51 pm to No Colors
Posted on 8/14/26 at 2:58 pm to Coeur du Tigre
Attack on Novorossiysk, - Aug. 12
quote:
Russian frigate "Admiral Makarov".
From this trough there will be no more "Calibers".
Loading Twitter/X Embed...
If tweet fails to load, click here.Posted on 8/14/26 at 3:03 pm to Trevaylin
quote:
LNG, [methane] would never be used for synthesis gas production to make methanol, Ammonia, Ammonia Nitrate.
Methane is the feedstock for ammonia and methanol.
NGLs. ethane, propane and butane are feedstock for ethylene and propylene. Another feedstock used is naphtha. Some crackers are quite flexible. Less propylene is produced when Naphtha is not the feedstock.
Posted on 8/14/26 at 4:19 pm to CitizenK
Posted on 8/14/26 at 4:43 pm to Coeur du Tigre
One of the biggest surprises in this war is how a country with no navy has decimated Russia's navy. Totally crazy.
Posted on 8/14/26 at 5:22 pm to CitizenK
quite a bit of India's ethylene in the 60's/70's was from ethanol, produced by fermentation of sugar cane so that would be a feed stock also.
Dow in Argentina about 10 years ago was looking into that sugar cane source for ethylene route to promote the green wokism. Thankfully it faded away.
Dow in Argentina about 10 years ago was looking into that sugar cane source for ethylene route to promote the green wokism. Thankfully it faded away.
Posted on 8/14/26 at 5:27 pm to Chromdome35
quote:
One of the biggest surprises in this war
My biggest surprise is the price Putin has been willing to pay for this sorry slice of farmland and a few coal mines
1 million men
All his armored vehicles
His major source of hard currency revenue
His educated youth
His country's birthrate
Hundreds of billions of dollars
For what,? For the Donbas? A region so destroyed in capturing it that it will cost hundreds of billions to rebuild? Money he doesn't have because he lost his primary source of revenue.
A thousand psychopaths on acid couldn't have dreamed up this nightmare for Russia
Posted on 8/14/26 at 6:04 pm to No Colors
quote:
For what,?
You forgot? To wipe out the Nazis. To destroy the bio labs. To defend against NATO. To revive Western civilization.
Posted on 8/14/26 at 6:53 pm to No Colors
quote:
My biggest surprise is the price Putin has been willing to pay for this sorry slice of farmland and a few coal mines
It is a staggering cost for so little. I think there are a lot of other reasons Putin ordered the invasion. He thought it would be easy, and bringing Ukraine back into the fold would be a victory that would secure his place in history. Or maybe the increasing prosperity of Ukraine was an unpleasant contrast to the increasing poverty of the Russian people.
Posted on 8/14/26 at 7:03 pm to No Colors
quote:
My biggest surprise is the price Putin has been willing to pay for this sorry slice of farmland and a few coal mines
Agreed, no more aid. Ukraine isn't worth it to Russia or to us.
No problem with selling them stuff as long as it doesn't leave our own stocks depleted though.
This post was edited on 8/14/26 at 7:06 pm
Posted on 8/14/26 at 7:11 pm to VolSquatch
quote:
Agreed, no more aid.
How much aid is Trump sending this year?
Posted on 8/14/26 at 7:18 pm to No Colors
quote:
How much aid is Trump sending this year?
Thankfully a lot less than Biden.
$400m or so is the most significant package so far in Trump 2 and that even hasn't been allocated entirely yet.
This post was edited on 8/14/26 at 7:19 pm
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