Suncor Energy Inc. T.SU

Dark Oil

[mrbb]

EU secretly importing russian oil in ghoship

And where is all this dark oil going? Well, to the West- the same power that lectures India about not buying Russian oil.

United Shame of American secretly ramp up russian oil import after sanctioning it

Interestingly, not one prominent American media organisation is reporting about the ongoing steep hike in imports of Russian oil by the United States. It is almost as if the media has been gagged and is being disallowed from reporting the truth of Biden’s economic campaign against Russia.

It goes to show how distorted info one get from mainstream news and your politicians

[Clemxb7]

Honest to God I cannot believe the tripe some people believe. It’s on the internet, it’s on a somewhat coherently put together webpage so ipso-facto it must be true! Believe this: Russian production is screwed now that Shulmberger and Haliburton have pulled out their expertise. If Russian oil backs up in the system and they shutter wells its usually means forever because of the types of fields

[mrbb]

i guess putin had took your advice and hence keep pumping oil, sell it at deep discount to keep the oil wells running rather than shutter wells.   

[mrbb]

The article was reporting what is and had happened, it (nor I) didn't says it will continue unabated. Russia will reluctantly have to shut in production but likely gradually, keeping their best oil field running as they is always a black market for cheap oil.  World energy supply chain will re-configure.  

[mrbb]

it explain why oil is still ~ $105, under the old high of $147/bo.  If and when EU truly shut off russian oil, oil should be $185.  Maybe you trust yahoo news better.  Oil could jump to $185 a barrel if the EU agrees to an immediate ban of Russian crude exports, says JPMorgan (yahoo.com)  

[Clemxb7]

You only have to look at Venezuela to see what happens when the US pulls out expertise and blocks spare parts. I don't recall China being considered a powerhouse in Hydrocarbon extraction. Oil is America's wheelhouse. The Russian fields have been relying on American companies and parts to keep optimal flow. Putin is in big trouble especially if he cant claim big victory in Ukraine. Who

[mrbb]

So you think venezula is comparable to russia?? Russia know how to make rocket, space station, first human in space, have satellites in space, 20+ nobel prize winners, played large part taking germany in WW2, have hypersonic missiles, ICBM nukes, drilled the deepest well (12.2 km) in the world, etc   Surely they know how to drill some new wells and maintain existing oil/gas wells. The BP