Adam
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
In the winter of 2017, the Ukrainian regime following the lead of neo-Nazi radicals, decided to ban all imports of coal from Donbass, one of the most abundantly coal rich places in the world. To add to the troubles, existing coal burning power stations in Ukraine had been designed specifically with Donbass coal in mind as Donbass coal has certain particles which make it unique to other varieties around the world.
The blockade of cheap local coal is said to have cost the regime $550, a figure which becomes all the more magnified when one considers that the regime is practically bankrupt.
The solution to the problem has been found and its an expensive one. Kiev has agreed to purchase large quantities of American coal, coal which has to be expensively shipped from Pennsylvania to the north-west Black Sea.
Ukraine has proudly announced that it shall receive 700,000 tonnes of American coal this year.
RT on Twitter: “Tripling Prices: Ukraine paying more for American coal – EIA https://t.co/7DDWYgmsmo pic.twitter.com/ZGoa7X59tt / Twitter”
Tripling Prices: Ukraine paying more for American coal – EIA https://t.co/7DDWYgmsmo pic.twitter.com/ZGoa7X59tt
At three times the price of Donbass coal, the hefty price of long-distance coal shipments is not just demonstrative of the Ukrainian regime’s detachment from economic realities, but a wider lesson in how ideology can warp any sense of logic and pragmatism.
If Ukraine accepted the peaceful, democratic self-determination of the Donbass republics and if indeed it accepted the will of other regions to do the same, Kiev could realistically save a great deal of money. There is no chance that the industrial parts of Donbass will ever return to Kiev’s rule and the over all inefficiency of tax collection in Ukraine means that cutting costs is more important and more realistic than trying to find ways to increase revenue. According to many reports, one of the best options Kiev has come up with in order to raise revenue is by selling Soviet made rockets to North Korea.
In trying to save face by pretending that expensive American coal is somehow a better option than cheap coal from a nearby place, Ukraine is doing what all ideologues eventually do: they are putting fanaticism before common sense.
This is what led Hitler to invade Russia in the winter and it is also what has led Donald Trump to think it is possible to ‘win’ a war in Afghanistan.
The move also serves as a lesson to Europe that in paying for expensive imports of US natural gas as Lusitania just did and as Poland is set to do, they are not harming their former Russian suppliers, they are only harming themselves.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
Guess what? Bankrupt Banderist Ukraine will not pay for this US coal. It will be the US taxpayer mugs. Just as it is the EU taxpayer mugs that pay for Banderised Ukraine to get Russian gas via Poland, called “European gas”. What a bunch of mugs and fraudsters!
Stupid is as stupid does.
I was about to write: 3x more expensive becomes a bargain when you won’t have to pay for it. Similar to your pov.
Yep, that’s about the size of it. Free milk at Trump’s tweets, ehr…I mean teats.
Very good !!!!
As Lusitania [sic] just did? LOL I wonder how that sprat factory aka the Lusitanian economy is doing. The irony is that only Russians eat sprats.
I think Putin should simply match the price for LNG that The Land of Imbeciles is charging their vassals for it.
See above.
Subliminal ship sinking analogies to Ukraine, no doubt.
Russian LNG is ALREADY cheaper than US LNG to European customers.
Russia Welcomes US LNG Supplies to Europe – Putin
But it is not so much because what is “…said to have cost the regime $550,….” as this will be manageable for the average family (unless Adam means another figure, but The Duran will keep publishing typos, appearing consistently substandard to the media they correctly criticize). Pity, as I really appreciate what Adam and others mean. Sorry to be a bit petulant, but I want TheDuran to remain “top”.
See above
Adam works non stop. Take a vacation Adam. Go to Crimea!
$550? Lusitania? Who’s proof reading this stuff?
ROFL !!!!!!!!!!!!!!!!!!
Judging by the video winter has come early to Ukraine this year. Or maybe like Narnia it’s always winter and never summer now.
It must seem so to the majority of hapless Ukrainians under the heel of two fascist juntas, Their own Rada and the US…
Ukraine experienced a record drop in the consumption of coal during the first half of 2017. Such a record decrease in the consumption of coal was driven by the suspension of supplies of goods from the Anti-Terrorist Operation Zone. However, emergency measures in the energy sector introduced by the Ukrainian government which were in force until 17 July 2017 have proven their efficiency: http://ukraine-economy.org/2017/08/24/coal-consumption-in-ukraine-dropped-by-a-quarter/
They don’t refer to these people as “MEAT-HEADS” for nothing, unbelievably stupid or what ????