Its all in the pipeline.... A lot of smirking and gloating on BBC news about how the sanctions against Russia are having their effect and how as a result (also of the manipulated lower oil prices) the Ruble is crumbling. Concerning indeed but is nobody seeing the bigger picture? Last week Putin cancelled the south stream pipeline in favour of a pipeline to Turkey. In addition to the massive oil and gas deal with China, final talks are now on their way with India about a pipeline which would run through Xinjang in China to India. China is laughing all the way to the bank now, they are just hoarding cheap oil and once the pipelines from Russia are completed they will switch to that as it always is cheaper getting it from the tap than if it has to be bottled and shipped. Meanwhile back at the ranch the US and Saudi Arabia are desperately trying to get their pipeline going - unfortunately they would have to defeat IS first and remove Assad from his chair....
Posted on: Thu, 11 Dec 2014 06:44:26 +0000
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