Global Sea Ice Area Second Highest On Record as the ICPP claims this is the warmest year ever. The cold cycles have shifted mainly to Europe and Asia this winter, this month. While we have a global oil glut caused by derivative futures deals made by traders, all the oil export nations including Russia and Saudi Arabia are seeing profits fall. The US is betting on Russia falling into chaos due to this but I am betting it will be the Saudis who will fall.
I marvel at how liberals seem to adore extremely cold temperatures and think that glaciers are ‘verdant’ and polar bears and penguins are cute and cuddly and better than kittens. They are now determined to pretend that extreme cold is lovely even though they, themselves, will run off to warm places whenever possible: Icy conditions continue across UK after coldest night of the year | UK news | The Guardian
As is typical in ALL, yes, all ‘liberal’ media, the peasants posting there all sneer about worries that we may be sliding into another Little Ice Age. Indeed, one reader who is scared we will roast to death in this Hottest Year Ever, sneers:
Is this such a big deal?
This is what the weather ought to be like in these latitudes, and why the fuss?
In the 15 th and 16th centuries the winters were much much more severe than today in our country.
It is because our winters are generally milder is what we should be worried about.
All sensationalism , hype, and tabloidesque tosh.
Note how this weather hysteric who thinks we will roast to death complains that it was very cold during the Little Ice Age so why not now? The Little Ice Age is the new normal for them.
The weather hysterics are the liberals! Then when we all point out that their dreaded global warming is finished and we are now in global cooling, they, not us, get even more hysterical and so to keep up their antics, the climatologists who are making oodles of money off of claims of global warming, outright lie about basic weather statistics.
As this map shows, LA and Florida will be still somewhat warm, that is, above freezing! Whoopee. And this last week has been warmer than usual, that is, the blanket of ice and snow on my mountain actually melted.
It is now below freezing again and will remain this way for a while. Just the other day, it was freezing even in LA. Boy, were they all bitter about this, too!
Back to economic news, the West wants to end confrontation with Russia over Ukraine – EU foreign policy chief says while ‘More stable & prosperous than ever’? NATO officially ends 13-yr mission to Afghanistan gives the Russians a good laugh. Even as the elites in the EU and US hiss and boo Putin and sneer at Russia having economic problems due to the sudden oil glut, the trillion dollars lost in the Afghanistan adventure is never mentioned.
In Battle to Defang ISIS, U.S. Targets Its Psychology is typical of US liberal media. ISIS was launched by the US and Saudi Arabia with generous help from Israel. It models itself on the great ally of the US: Saudi Arabia. How on earth does the US ‘change the psychology’ of a pathological movement that apes Saudi Arabia and was birthed by the US itself?
The sudden fall in oil prices is now pinching many governments that the US relies on for keeping a lid on angry Muslims: Algeria calls for OPEC to cut production | UTSanDiego.com
While Algeria has some $200 billion foreign reserves, enough to cover imports for the next several years, it is heavily dependent on its oil revenue which provides 97 percent of its hard currency income and 60 percent of the budget.
Saudi Arabia and the US cynically decided that the oil financial reserves were big enough (the US has near zero reserves) to keep producing export oil in excess to deliberately drop prices and thus, bankrupt Russia. The calculations used to do this are dubious at best.
It relied on Russia having no allies. We saw this at the recent G8 meetings where Putin was openly sneered at and treated like they were all in Junior High. China then invited Obama over to be fleeced over the issue of non-existing global warming and they got a deal which destroys the remains of US industry while getting a green light to continue burning coal.
So they are sitting pretty thanks to Putin deciding to no longer expand business with the EU and instead, send as much gas and oil to China and do all this using only rubles and yuan cutting out the US petro dollars…and this is a huge victory for Putin, not a defeat.
All the Muslim oil export nations use their oil profits to run socialist style welfare states. While the elites skim off most of the profits to live wildly luxurious lives all of this is being squeezed badly and since all are running mainly off of oil profits in the past, all of them will see their bank accounts drop.
This includes places inside the US such as Alaska and Texas, Oklahoma, etc. will have financial hardships due to falling energy profits. How they will all cope is to be seen. I suspect the Saudis will throw in the towel soon and bite the bullet and drop oil exports to correct the situation but maybe they are suicidal? We shall see who will blink first and I am betting it won’t be Putin.
Here are two graphs showing how England, once the Engine of Production to the World, has turned into a net energy consumer: Gas from Norway, coal from Russia: eight graphs on the UK energy system | Carbon Brief from 2013:
To avoid Russian coal, England has begun burning wood imported from all over including the US. This is the end result of environmentalism run amok: these trees are being stripped from forests that supposedly will save us from CO2 roasting us to death but the same people fearful of roasting to death due to CO2 are also demanding this wood burning be done to stop coal burning.
I see a trap here! The fact of the matter is, England is being used by the elites to further their plans to seize Russian resources via hook and crook. Only the Chinese will beat them all at this game, as usual.
China announced that Russia will not fall into bankruptcy. And they are the ones with solvent bank accounts, not the US nor UK.
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