Russia, Post-Putin's War -- Oil -- May 2, 2022

Russia, post Putin's War

• The war: a race against time.
  
• Russian economy will implode summer of 2022.
• Inevitable decline of its oil industry. 
  

May 2, 2022: Rystad Energy -- the inevitable decline of Russia's oil industry. 

• While Russia’s oil and gas industry may have both been hurt by sanctions and boycotts, it is still set to see its tax revenue increase this year.
• In the long term, however, Russia’s oil industry appears to be entering a terminal decline, with Europe set on moving away from Russian energy.
• Russia will attempt to find customers for its oil and gas in the East, but it won’t be able to replace the losses it sustains from the West.

I have not read the entire article yet, if Rystad Energy misses the bigger story, I will be very disappointed in Rystad Energy: Russia needs western technology more than western technology needs Russia.  

May 2, 2022: Russian default. Getting closer and closer every day. 

 

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Finland Cancels Nuclear Deal With Russia

Link here to Charles Kennedy. If Charles Kennedy has the story, it's a big story.\.

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No More Moscow Mules

I was not aware of this until I visited local Total Wine and More store and was told they no longer "market" Moscow mules. The store rep did not know what the new name would be ... it's in development ... but I see others are calling it an "American stallion."

My wife does not drink alcohol, but she loves a certain ginger beer from Australia, which by the way has not increased in price at Total Wine and More. $6.99 for a four-pack. All the way from Australia. 

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Re-Branding

Speaking of re-branding -- from "Moscow mules" to "American stallions" a reader alerted me to Pfizer re-branding its fully approved Covid-19 vaccine.

 

Re-branding is important.

 

See this. 

And then, of course, GM re-branded its biggest scam / failure as "Ally."