Saturday, January 16, 2016

Russia Breaking Wall St Oil Price Monopoly

Russia has just taken significant steps that will break the present Wall Street oil price monopoly, at least for a huge part of the world oil market. The move is part of a longer-term strategy of decoupling Russia’s economy and especially its very significant export of oil, from the US dollar, today the Achilles Heel of the Russian economy.

Later in November the Russian Energy Ministry has announced that it will begin test-trading of a new Russian oil benchmark. While this might sound like small beer to many, it’s huge. If successful, and there is no reason why it won’t be, the Russian crude oil benchmark futures contract traded on Russian exchanges, will price oil in rubles and no longer in US dollars. It is part of a de-dollarization move that Russia, China and a growing number of other countries have quietly begun.

Read Artcile Here


Zeetip said...


I guess with zap & whooli having strayed from Mami's admin roles, several show hosts won't be posted here any more?

Funny thing happened to Sandy Hoax tool Delphi-Deanna, who's even an SH 'profiteer' in the form of her ~600 page "Screening..." book. Just listening to Delphi’s latest Jan 16 show, with a guest who’s an ex cop talking about race & crime. Beginning at 1:24:30, out of the blue and obviously without knowing Delphi’s public SH position, cop says:

"[…] if you don’t realize Sandy Hook, by now, is a complete false flag, you’re... you’re DEMENTED!! […]”

and that SH dialog goes on from that priceless statement for the next 7 mins; check it out!

Scorpio said...

I can't speak for the other admins, but I won't be posting any of DS's shows for obvious reasons. I frankly don't care what she has to say about anything as she has thoroughly discredited herself on many levels, imho.

Zeetip said...

so is whooli still a mod here? I see his new blog seems to have been launched around new years.

I think I know where to find all the scheduled/free shows mami's was posting prior to a couple months ago when zap left. It was just convenient to have most of them aggregated here, plus I discovered a few new hosts here. Often downloadable mp3 versions were posted here too, when all the show pages offer is sometimes an embedded player console, and/or youtube console (think: false flag weekly news).