Comments

You must log in or register to comment.

kigor1988 t1_j1uzs67 wrote

So nice of them... thats gonna make sure the money i spend on gas wont end up in russain hand, thanks putin!

81

skydivingbear t1_j1v0pqg wrote

None of the countries that imposed the cap buy Russian oil though. Wait why am I expecting anything Russia does to make any sense

412

Jaded_Prompt_15 t1_j1v1rpi wrote

India is still going to buy it all, even if it's "normal" price because others will charge more due to increased demand.

India gains nothing long term, but if they'd take the short term lose we'd all be better off in the long run

13

holy_drop t1_j1v3b0j wrote

Only countries that have the ruling rings can buy their oil

48

ImaginaryRoads t1_j1v3q46 wrote

Wait, just two days ago, he was telling Europe that Russia could resume pipeline deliveries for them at any time. I swear, this guy gives me whiplash so bad!

10

autotldr t1_j1v7vr2 wrote

This is the best tl;dr I could make, original reduced by 82%. (I'm a bot)

> Finding an antibody that attaches to the M protein - which flags it to the immune system - can stop the bacteria from infecting the body's cells - but these antibodies have proven hard to locate.

> The researchers therefore focused on examining antibodies in patients who had recovered from Strep A infection and identified three so-called monoclonal antibodies.

> Monoclonal antibodies are identical copies of each other, and in this case target a single protein of Strep A. The researchers then investigated in animal studies whether it is possible to use the antibodies to strengthen the immune system in its fight against the bacteria.

Extended Summary | FAQ | Feedback | Top keywords: antibody^#1 Strep^#2 protein^#3 bind^#4 infection^#5

−14

autotldr t1_j1v7wc7 wrote

This is the best tl;dr I could make, original reduced by 82%. (I'm a bot)

> Finding an antibody that attaches to the M protein - which flags it to the immune system - can stop the bacteria from infecting the body's cells - but these antibodies have proven hard to locate.

> The researchers therefore focused on examining antibodies in patients who had recovered from Strep A infection and identified three so-called monoclonal antibodies.

> Monoclonal antibodies are identical copies of each other, and in this case target a single protein of Strep A. The researchers then investigated in animal studies whether it is possible to use the antibodies to strengthen the immune system in its fight against the bacteria.

Extended Summary | FAQ | Feedback | Top keywords: antibody^#1 Strep^#2 protein^#3 bind^#4 infection^#5

−12

grumbly102 t1_j1v80ne wrote

"Comes into force on Feb. 1, 2023". That's... optimistic planning horizon. Accidents happen.

204

Arrow2019x t1_j1vdwod wrote

Banning all the countries that don't want to buy from you anyway

13

JimmyEDI t1_j1vhkpi wrote

Replying to dogerell (#1,096,732)

There are ways to circumnavigate Ship to Ship transfers. Most notable of which entails putting the ship at danger by switching off the transponder or ghosting its location to somewhere else. STS transfers are down but the consequence for everyone is high, not just the Russians. It’s a difficult ecosystem, you have refineries, tankers, consumers all vying for the stuff. Russian oil will be used by Ukrainians in their vehicles and they won’t even know it.

9

geon2k2 t1_j1vlldx wrote

Replying to Jaded_Prompt_15 (#1,094,671)

Why would india buy at normal price? They'll buy it even cheaper than the price cap. Russia cannot stop the oil coming from Siberia as they cannot restart it, if they stop it. Everything will freeze and will become a thick gel. It took western companies nearly 30 years to restart production after they stopped it in the 90s.

14

akuma211 t1_j1vmb1c wrote

Welp guys he got us, Putin playing that 4Dfchess by sanctioning Russia himself... 🤣🤣🤣

What's next on the list, Russia blowing us it's own airbases lmao

8

NaCly_Asian t1_j1vmk4v wrote

Replying to geon2k2 (#1,097,466)

if Russia stops production completely and takes all their oil off the global market, it would cause the oil price to jump drastically. If India pays 'normal' prices now (say, 80 dollars), it would be cheaper than the elevated prices with messed up supplies (maybe 150+ dollars).

−2

Consistent_Box908 t1_j1vo09w wrote

Replying to Kneepi (#1,097,731)

You are right. You stop using the well and you simply killing it. It’s not something that can be just stopped and started once in a while. The whole infrastructure would be devastated. If this were so simple they would have stopped by now. They simply can’t.

Btw it’s British/Americans companies that provide insurance for the ships. So if India doesnt have a pipe that covers 90% of their demand they will pay higher price anyways cause someone needs to ship it.

6

geon2k2 t1_j1vomw8 wrote

Replying to NaCly_Asian (#1,097,624)

Why the downvote though. What i said its true, do your checks. If russia stops producing, yes international price will increase but russia will be in even a bigger hole that they are now. Also did you knew they cannot stop production for siberian oil? If not and you learned something from that post, why the downvote?

6

rubywpnmaster t1_j1vpii9 wrote

Replying to pete1901 (#1,094,773)

The insurance issue is going to bjork that up royally in January. Ships holding Russian crude will basically be barred from having the required insurance needed to dock in any major western port.

Also, ship to ship transfers are high risk when in port. Doing them on the high seas off the coast of Portugal is a disaster waiting to happen. You could see said countries militaries seizing those vessels WHEN this happens.

24

EdenG2 t1_j1vq7hp wrote

Seems like Russia should be worried about having to cap wells that will be too expensive to restart.

25

JimmyEDI t1_j1vsrmn wrote

Replying to rubywpnmaster (#1,098,050)

I don’t know about STS out the coast at Portugal, can you link me a source to these? The frequency of the STS are higher in the Med, The gulf, and the Indian Ocean. They are nutters but they do care for themselves. Also the military can’t seize a tanker if they are not readily visible/transponder is off.

The insurance aspect is however something that does stop them offloading. Which is what was seen by Istanbul.

7

LessWorseMoreBad t1_j1vtyby wrote

Replying to geon2k2 (#1,097,466)

From a "whatever is good for India" perspective, India needs to realize that they have Russia by the short and curlies. They should stop buying for a month and then see how much lower they can get the price.

But, they wont do that b/c going by their choices over the last year Modi has the forward-thinking capability of a goldfish.

0

putsch80 t1_j1vx5za wrote

Replying to Tony2Punch (#1,098,342)

There aren’t many non-Western insurers, and for those that exist their insurance is often not considered sufficient/creditworthy by western ports where these ships could dock.

19

Shultzi_soldat t1_j1w7f6k wrote

He is selling under cap just becouse he doesn't want it to look like he is complying....4d chees.

4

NaCly_Asian t1_j1wluar wrote

Replying to geon2k2 (#1,097,928)

My thinking is that if the EU has to back down from the price cap due to the effects on their economy, Russia can dictate terms on restarting the oil deal, which I would assume would cover the fines from the breaches of contracts and other compensation. It comes down to who blinks first. Also, OPEC could also tighten the supply even more.

also, I did not know about the oil industry and the effects of stopping the oil drilling. thanks for the info :)

1

OldDefinition1328 t1_j1wmazi wrote

Poopin just can't seen to get enough of shooting himself in the foot.

2

MegamanD t1_j1woiav wrote

Thanks for making that cap $0 Vlad.

3

Nargodian t1_j1wwc7h wrote

Replying to sudo_rm-rf (#1,103,546)

Distinct in what context? Is it which oil field it was drawn from? If my GCSE chemistry is correct: crude oil is just a bunch of different hydrocarbon chains. I suppose there may be other molecules kicking around. Is it just the composition of theses molecules in the crude that demark it.

3

Dash_Harber t1_j1x0hgg wrote

Yeah, that'll save your economy, banning potential customers.

3

dudeonrails t1_j1x1kw2 wrote

Someone’s falling out a window over this.

1

MerryGoWrong t1_j1xdt1t wrote

Replying to BLRNerd (#1,100,193)

These are the same guys who thought they could roll in and take over the entire country of Ukraine in 3 days while being greeted as liberators. Accurate predictions aren't really their thing.

16

SearcherRC t1_j1xfqea wrote

I'm pretty sure those countries were already looking elsewhere anyways. This is just Putin puffing his chest and trying to act tough.

1

VanillaIcedTea t1_j1xft9k wrote

Russia can try and outlaw the price cap as hard as they damn well please. The two biggest remaining markets for Russian oil (China and India) are both already buying well under the cap price anyway, and that's to say nothing of the utter lack of capacity in the shipping industry that is neither flagged in a country that agreed to the price cap, or covered by an insurance company based in a country that agreed to the price cap.

2

Mental-Cat-5561 t1_j1xmzc1 wrote

Can some brave Russian take this pos out and go down in history?

2

Tack122 t1_j1xt230 wrote

Replying to Mental-Cat-5561 (#1,107,416)

You clearly didn't read the post they're discussing where Dmitry Medvedev tweeted that Elon would win the Presidency of a new GOP post-civil war state that will exist by the end of 2023.

Now who's ignorance is on public display?

5

rubywpnmaster t1_j1xudt9 wrote

Replying to putsch80 (#1,099,112)

Yep the insurer has to be able to prove that they can cover what they are insuring against to be worth a damn.

US insurers only hold 8 trillion in cash and investments to be able to cover their asses. Totally easy industry to jump into.

2

prtysmasher t1_j1xylea wrote

Oh no, it hurt itself in it’s confusion.

2

vrenak t1_j1y57rg wrote

Replying to AnthillOmbudsman (#1,107,732)

EU and a few others imposed a price cap, saying you can't pay more than a certain price for russian oil, also they in reality can't move oil to other customers further away at a higher price as it also applies to the ships and their insurers.

2

sim642 t1_j1yc4h1 wrote

Putin likes to self-sanction.

1

Hulkman123 t1_j1yffir wrote

Russia seems like one of the countries that is just cursed to have bad leadership. They couldn’t keep having royalty, communism was a giant mistake, now Putin

2

Melodic-Hunter2471 t1_j1ysj5e wrote

Ah yes. The international policy equivalent of stomping your foot down, crossing your arms and screaming “you can’t make me!”

1

PanteraiNomini t1_j1yz8uz wrote

After those countries stopped buying it ??? Lmaaaaoooo

1

Stock_Rush2555 t1_j1zwrxr wrote

Wasn't there also just a statement made that Russia is ready to pipe gas to Europe again, I think from Yamal?

I'm on shitty mobile or I'd look it up, but this was within the last week, and it had a definitive desperation to it

1

Dancing-Wind t1_j23zx7k wrote

Replying to JimmyEDI (#1,096,933)

The goal is not to embargo Russian oil - the goal is to reduce its profitability, hence the price cap. Sure 3rd parties will try to bypass the cap but not for free. Despite all the pleadges of friendship chinese and indians are buying russian oil below market price - and that is fundamentally the goal. Also 60 cap is quite high so I imagine ppl will not bother to doge caps if its already trading at around that.

of course Russians might try to still bypass it and accept sub 60 final price for the principle of it and/or to be ready when the cap drops to 50 or 40$

1