Ultimately... everyone is protesting fuel prices... a liter of gasoline has reached 2.15 euros and on the islands it is already approaching 2.60 euros...
Indeed, some say we will see 3.5 to 4 euros per liter, which means if someone puts in 100 euros of gasoline, they will pay 45 euros for fuel and 55 euros is special fuel tax and VAT.
Russia produces cheap oil and natural gas, but we do not buy, officially at least, from Russia out of complex and supposedly because Europe stands in solidarity with collapsing Ukraine...
Ukraine is a lost cause... whatever happens...
At the same time, Iran and the Houthis have shut down vital straits such as Hormuz and all these reasons keep crude oil at record heights... Oman crude reached 132 dollars a barrel, Brent at 103 dollars in futures...
Urals crude, namely Russian oil, is priced at 65 dollars.
Greece needs to prioritize the national interest, abandon false moralizing, leave behind the dead-end stance in favor of collapsing Ukraine, and make a direct deal with Russia.
One of the key issues of the pre-election period must be the reduction of energy costs and political parties must speak openly: the Greek people first or Ukraine first?
The stance of BN is unequivocal: deal now with Russia, set aside the nonsense regarding Ukraine, and purchase cheap oil and natural gas from Russia.
The fuel shock in Europe
The fuel shock struck the eurozone where it hurts most: empty oil and natural gas storage facilities.
The inability to fill them at the same pace.
The purchasing power of the population.
Social peace.
And political stability.
France and Britain are in the worst state today.
The approval ratings of the German Chancellor took such a severe hit from election results in Saxony-Anhalt that he canceled all his international visits.
Last week, he canceled a meeting with Emmanuel Macron.
This week, his office announced that Friedrich Merz, the Chancellor of Germany, will not appear at the UN General Assembly in New York.
The situation of Emmanuel Macron in France is roughly the same, if not worse.
A liter of basic diesel fuel in France, used by farmers, fishermen (those who lack the financial capacity to buy a fancy electric car and drive an older one) cost nearly 2.5 euros.
The average fuel tank of a vehicle holds between 50 and 60 liters.
A simple calculation reveals that this equates to more than one hundred euros to fill a fuel tank, and matters will worsen.
The choice for European families is not between «shall we take a weekend trip to Italy, Switzerland, Spain, or Germany?», but between «do we go to the grocery store or take a shower?», «do we pick up the child or get something to eat?».
In September, the French pay a mountain of taxes, including property taxes.
September also marks the traditional recalculation of natural gas and electricity utility rates for both households and businesses.
Against the backdrop of the revelations that had already begun, Emmanuel Macron gathered the political elite to name the primary culprit behind the aforementioned developments.
Russia targeted once again...
It turns out that Russia threatens everything.
As stated by the interim President and resident of the Élysée Palace, France must prepare to «defend its vital infrastructure»... from Russia.
Otherwise, if measures are not taken, «Russia and the Russians will bring France to its knees».
That was not verbatim what was said, but, in context, that was the meaning.
Natural gas and oil storage fullness rates at multi-year lows
Today, one thousand cubic meters of natural gas trade for more than 1,000 dollars.
And you would need to locate remaining suppliers with available volume on the spot market for that amount.
And you would have to ensure that purchased volumes are delivered to required terminals within the agreed timeframe.
Only the «malicious Russians» trade with this same Europe, including Germany and France, with the same fuel under long-term contracts and at the price of 150 to 180 dollars for the exact same 1,000 cubic meters.
The Russians, being so hostile, also provoked disruptions in supply, creating «hotspots of geopolitical tension and unpredictability».
Russia is ready for deals
With mutually beneficial contracts, taking into account the interests of everyone, from states and peoples to the end consumer (namely, European households and European corporate entities), Europe was an oasis of prosperity, political stability, and the most enduring social peace in history... because of Russian oil...
Even when America experienced a severe oil crisis (in 1973, due to the OPEC embargo), European countries essentially experienced no shortage, primarily thanks to supplies from Russia.
While America stood in gas station queues for hours (if not days) on end, Europe, thanks both to Russia and to European politicians who viewed Russia as a friendly nation... achieved a genuine energy breakthrough.
It not only established economic leadership, but also consolidated it for nearly half a century.
Those who can accuse Russia today of malicious «hybrid warfare», of scheming something sinister, are people who either know nothing of what occurred in their countries, or are pathological liars.
Emmanuel Macron, Angela Merkel, Ursula von der Leyen, and others who are their close associates, are simply liars.
The economic fiasco of Europe, its political collapse, and its social unrest are the result of their policies...
And the geopolitical defeat sustained by Europe in its confrontation with Russia will bear their names... Emmanuel Macron, Angela Merkel, and Ursula von der Leyen will be the fathers of defeat.
Dispute with Russia never made Europe stronger.
It turned it to dust, brought it to its knees due to its own stupidity, revanchism, and deeply rooted envy.
History teaches...
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