The dumb and dumber section

[SOL]

Polish PM Mateusz Morawiecki has accused the Nordic country of making ?unjust? oil and gas money amid the Ukraine conflict

Norway should share the "excess" profits it's been making as oil and gas prices soar amid the ongoing conflict between Russia and Ukraine, Polish Prime Minister Mateusz Morawiecki said at the National Youth Dialogue Congress on Saturday.

"But should we be paying Norway gigantic money for gas - four or five times more than we paid a year ago? This is sick," he said, claiming that the excess of the annual average gas and oil profit "will exceed €100 billion" this year for a country of five million people like Norway.

"They should share these excess profits. It's not normal, it's unjust. This is an indirect preying on the war started by Putin," the PM said.

Morawiecki also urged young Poles to go and shame their Norwegian "friends" over the fat gas profits online to push the country into sharing the wealth.

"Write to your young friends in Norway," he said. "They should share it immediately," Morawiecki stated, adding that it shouldn't necessarily be shared with Poland, but with Ukraine.
https://www.bignewsnetwork.com/news/272 ... l-revenues

I love the Polish people and the country. I have been there several times and its just a fabulous place. But the PM is definitely brain dead like most European leaders if he is advocating for such action. He is part of the WOKE soon to go BROKE crowd. Norway did not start the war, if they are making more money, they should not be punished. It's called capitalism.

[stefk]

Polish PM Mateusz Morawiecki has accused the Nordic country of making ?unjust? oil and gas money amid the Ukraine conflict




I love the Polish people and the country. But the PM is definitely brain dead like most European leaders if he is advocating for such action. He is part of the WOKE soon to go BROKE crowd.

But dont forget that all these people vote for these brain deads. Look at France with Macron, Germany with these greenies, Portugal and Spain with these leftists.....the majority of these people is stupid

[Yodean]

Norway should share the "excess" profits it's been making as oil and gas prices soar amid the ongoing conflict between Russia and Ukraine, Polish Prime Minister Mateusz Morawiecki said at the National Youth Dialogue Congress on Saturday.

I love the Polish people and the country. I have been there several times and its just a fabulous place. But the PM is definitely brain dead like most European leaders if he is advocating for such action. He is part of the WOKE soon to go BROKE crowd. Norway did not start the war, if they are making more money, they should not be punished. It's called capitalism.

This is a manifestation of the Neo-Marxist trend sweeping through the West. Nothing can stop this pendulum - it is very strong, like man who can use big kettlebell and hang from tree branch for long periods of time, after eating pho.

[SOL]

Polish PM Mateusz Morawiecki has accused the Nordic country of making ?unjust? oil and gas money amid the Ukraine conflict


I love the Polish people and the country. But the PM is definitely brain dead like most European leaders if he is advocating for such action. He is part of the WOKE soon to go BROKE crowd.

But dont forget that all these people vote for these brain deads. Look at France with Macron, Germany with these greenies, Portugal and Spain with these leftists.....the majority of these people is stupid

STEFK you are right i can't argue with that I should have added that I love the culture and people I met in Poland as they were all open minded. Stupidity is gaining traction in Europe and in the whole west. The leaders overrule all the sane individuals in the west especially in Europe. USA will survive for it will make Europe its slave at least in the interim. The Eurasia alliance is going to gain traction. Sad to see Europe go down for it has so much history

[SOL]

Norway should share the "excess" profits it's been making as oil and gas prices soar amid the ongoing conflict between Russia and Ukraine, Polish Prime Minister Mateusz Morawiecki said at the National Youth Dialogue Congress on Saturday.

I love the Polish people and the country. I have been there several times and its just a fabulous place. But the PM is definitely brain dead like most European leaders if he is advocating for such action. He is part of the WOKE soon to go BROKE crowd. Norway did not start the war, if they are making more money, they should not be punished. It's called capitalism.

This is a manifestation of the Neo-Marxist trend sweeping through the West. Nothing can stop this pendulum - it is very strong, like man who can use big kettlebell and hang from tree branch for long periods of time, after eating pho.

Based on trends this is a super trend in motion and it will end badly for those nations that continue to embrace this stupidity. Europe spent almost 20 years forging stronger ties with Russia now all those investments are gone. Those bridges are burnt. What is interesting is the Polish leaders were in the forefront calling for end to Russian gas and now they are crying like babies. Poland, Romania and the Baltic nations will have to be very careful when the Donbas operations end, Russia will turn its focus on them. An angry bear never forgives. The time to make deals is now. On that note, Hungary will probably be one of the few places that will shine in Europe

[SOL]

Why Shale Drillers Are Pumping Out Dividends Instead of More Oil and Gas
https://finance.yahoo.com/m/b8f17ede-07 ... s-are.html

I am only going to post some salient comments and let you guys decide if they have merit or not

In the Marcellus, drilling a normal 8 wells from one pad, I would spend about $40 million and it would take a year before I get $1 in revenue. President Biden is fighting my industry and has said he wants to put us out of business. So, you want to oppose the President of the US? Best to be conservative, return $ to stockholders and build cash reserves. What would you do

?

As gas prices spike for American drivers, fossil fuel boosters have slammed President Joe Biden for policies they say constrain U.S. energy production. “ But to understand why the industry really isn’t ramping up production, it helps to hear what its leaders are telling each other off camera. In Houston this week, where oil and gas executives are gathered for the industry’s most influential annual conference, CERAWeek by S&P Global, industry insiders are having a very different conversation than the one broadcast on cable TV. The primary thing holding back more production isn’t government policies, they say. It’s money, Getting more oil flowing requires capital and comes with high risks in a volatile oil market. With steep losses in recent memory, the investors who control the purse strings are keeping the companies on a tight leash. “Ultimately, companies have to make a decision to risk their capital… nobody knows how this episode is going to play out,” managing partner at Kimmeridge, told a packed conference room on. “I don’t think it’s realistic to think there’s going to be a collective industry response to this crisis. Unfortunately, it’s now political and not the the way the industry is leaning.” Typically, a steep rise in oil prices would drive a steep uptick in drilling, but this time around it`s political. After the industry suffered huge losses in the years leading up to the COVID-19 pandemic, investors continue to prioritize safe profits

If wheat were to be outlawed in 10 years would a farmer buy a new tractor? The reality is there will not be enough oil to plant wheat, make fertilizer, harvest it, bake it, or ship bread to your table. Or any other crop. When you get hungry blame who declared war on oil before there was a replacement

[harryg]

Polish PM Mateusz Morawiecki has accused the Nordic country of making ?unjust? oil and gas money amid the Ukraine conflict

Norway should share the "excess" profits it's been making as oil and gas prices soar amid the ongoing conflict between Russia and Ukraine, Polish Prime Minister Mateusz Morawiecki said at the National Youth Dialogue Congress on Saturday.

Typical of the culture of entitlement that we see everywhere today.

There is a French proverb/joke about marriage vows:

"What's yours is mine and what's mine is no concern of yours".

"Write to your young friends in Norway," he said.

My mind wanders, how would one calculate the odds of a Polish person even having a young Norwegian friend, let alone wanting to write to them? If we just consider physical encounters, then we need of course the population of Poland and that of Norway as base data, the likelihood of a Pole leaving Poland and going to Norway, or a young Norwegian going to Poland, or them both being in a third country simultaneously. We need also a friendliness/approachability factor for each unknown actor and data on the most likely meeting places and which of those is most conducive to a result of friendship.

I've done all the heavy lifting. Using binomial probability distribution techniques and standard deviation analysis I've come up with 1 in 2.4 million.

That's approximately 15 people in the whole of Poland who could potentially have a young Norwegian friend.

We know from experience that only one or two people in ten is likely to actually do something about it.

That gives us two or possibly three Polish people writing to their young friend in Norway.

The impact would probably be minimal.

For this irrefutable reason alone, I'm sure you'll agree, the Prime Minister of Poland is being totally unrealistic.

[harryg]

Why Shale Drillers Are Pumping Out Dividends Instead of More Oil and Gas
https://finance.yahoo.com/m/b8f17ede-07 ... s-are.html

I am only going to post some salient comments and let you guys decide if they have merit or not

In the Marcellus, drilling a normal 8 wells from one pad, I would spend about $40 million and it would take a year before I get $1 in revenue. President Biden is fighting my industry and has said he wants to put us out of business. So, you want to oppose the President of the US? Best to be conservative, return $ to stockholders and build cash reserves. What would you do

?

As gas prices spike for American drivers, fossil fuel boosters have slammed President Joe Biden for policies they say constrain U.S. energy production. “ But to understand why the industry really isn’t ramping up production, it helps to hear what its leaders are telling each other off camera. In Houston this week, where oil and gas executives are gathered for the industry’s most influential annual conference, CERAWeek by S&P Global, industry insiders are having a very different conversation than the one broadcast on cable TV. The primary thing holding back more production isn’t government policies, they say. It’s money, Getting more oil flowing requires capital and comes with high risks in a volatile oil market. With steep losses in recent memory, the investors who control the purse strings are keeping the companies on a tight leash. “Ultimately, companies have to make a decision to risk their capital… nobody knows how this episode is going to play out,” managing partner at Kimmeridge, told a packed conference room on. “I don’t think it’s realistic to think there’s going to be a collective industry response to this crisis. Unfortunately, it’s now political and not the the way the industry is leaning.” Typically, a steep rise in oil prices would drive a steep uptick in drilling, but this time around it`s political. After the industry suffered huge losses in the years leading up to the COVID-19 pandemic, investors continue to prioritize safe profits

If wheat were to be outlawed in 10 years would a farmer buy a new tractor? The reality is there will not be enough oil to plant wheat, make fertilizer, harvest it, bake it, or ship bread to your table. Or any other crop. When you get hungry blame who declared war on oil before there was a replacement

It's very concerning if people in the industry are speaking like this. What amazes me is that you don't have to be an expert of any kind to understand that if you phase out something important/vital, you need to replace it with something else.

There is also the overall question of using share buybacks to increase EPS because shareholders apparently like it and executives get nice bonuses as a result. This always seems to me to be a disgraceful use of money when one could invest in the future of the company. I'm sure we've discussed this previously.

[SOL]

Typical of the culture of entitlement that we see everywhere today.

There is a French proverb/joke about marriage vows:

"What's yours is mine and what's mine is no concern of yours".

That would aptly apply to the current WOKE crowd

My mind wanders, how would one calculate the odds of a Polish person even having a young Norwegian friend, let alone wanting to write to them? If we just consider physical encounters, then we need of course the population of Poland and that of Norway as base data, the likelihood of a Pole leaving Poland and going to Norway, or a young Norwegian going to Poland, or them both being in a third country simultaneously. We need also a friendliness/approachability factor for each unknown actor and data on the most likely meeting places and which of those is most conducive to a result of friendship.

I've done all the heavy lifting. Using binomial probability distribution techniques and standard deviation analysis I've come up with 1 in 2.4 million.

That's approximately 15 people in the whole of Poland who could potentially have a young Norwegian friend.

We know from experience that only one or two people in ten is likely to actually do something about it.

That gives us two or possibly three Polish people writing to their young friend in Norway.

The impact would probably be minimal.

For this irrefutable reason alone, I'm sure you'll agree, the Prime Minister of Poland is being totally unrealistic.

The PM has lost his marbles and is about to push his nation into a position that could force many there to lose their marbles too. Unrealistic is too kind of a word, the dude needs some juice therapy and i am not talking about fruit juice

[Cinnamon]

A picture speaks a 1000 words perhaps this one hits the 1 million mark

[Budge]

This blog post's indictment of the West's "edumacation" system is key:

"Maybe it is time the Collective West does something about its educational system.

Watching the performances of Russians and Western officials, one immediately notices that the much-touted and ultra-expensive “education “ provided in the West today is actually not up to par.

The Russian actions in Ukraine revealed a West where leaders remain emotional juveniles who continue to REACT jerkily to Russia’s deft moves. That’s when they are not busy projecting their own values and behavior onto the Russians."

"Even as a student I noticed that there’s something terribly wrong with the type of education western institutions dish out to students starting in the late 1980s. It is quite noticeable, even to an undergraduate like myself, that there is a TOTAL disconnection between what is being taught at the universities and what transpires in REAL LIFE."

"Arrogant and totally ignorant Westerners had no idea what the Russians had in stock for them when they started their stupid sanctions which they believed would destroy the Russian economy.

A little knowledge of history, geography, geopolitics, and geoeconomics should have informed the West that a country (the largest in the world) that is not only self-sufficient in food production, but produces almost all the metals required by all of the major industries and, in addition, is the world’s leading energy (oil and gas) producer, is not one to trifle or pick a fight with.

Most especially, not by a bunch of self-worshipping, resource-less, parasitical inconsequential nonentities like the EU states, who suffer from excessive self-regard.

There is little doubt the arrogance of the Collective West is fueled by ignorance which is a result of the poor quality of the education produced by the ideological institutions the West call universities, which have been transformed from places of rigorous learning into ones that produce only selfish, self-centered, narcissistic, hedonistic ideologues who are incapable of any thought beyond the ME!"

And there's more:
https://thesaker.is/its-education-stupid/

Coincidentally these items appeared at the same time on the always entertaining blog of Andrei Martyanov:

"Assurances From Schlimazel))
LOL)) These morons from pale of settlement (it is the majority of the US foreign policy "elite") are still fighting 19th century war with Russia and Russians, though Blinken derives, allegedly, from Hungarian Jews.


Kiev has given Washington assurances that US-supplied rocket launchers won’t be used to attack targets inside Russian territory, US Secretary of State Antony Blinken said on Wednesday. He was the latest US official to raise the issue, as Moscow voiced concerns over the escalation of hostilities in Ukraine. Speaking to reporters after a meeting with NATO Secretary General Jens Stoltenberg, Blinken was asked about the HIMARS multiple launch rocket systems, the latest high-tech weapon the US has committed to sending Ukraine. “The Ukrainians have given us assurances that they will not use these systems against targets on Russian territory,” Blinken said, adding, “There is a strong trust bond between Ukraine and the US, as well as with our allies and partners.”
Yes, in related news, Kiev gave Tony Blinken assurances that it doesn't rape women, kill children and torture POWs, which, of course, it does. The only qualification for this creep to be in his position is his sappy sentimental BS about his family Holocaust story (hm, I wonder, what to do with my and my wife's grandfathers, and grandmothers, who died or were killed in WWII) and that is about where the competencies of US "elites" end in terms of "foreign policy", not to speak of the fact, as I stated many times, that many of them qualify for war criminals and even criminals against humanity, which Tony surely does. But then again, it is impossible to explain to US Ivy League "social studies" or Georgetown "international relations" graduate what real war is, and what the effect of stand off high precision weapons detonating near you turn you into. It is impossible to explain to those newbies from NYC "elite" schools what it is, not that NYC "elite" schools, as its second rate cultural scene, really matter. As I said many times and continue to say--you cannot buy class no matter how you try."

https://smoothiex12.blogspot.com/2022/0 ... mazel.html

And:

https://smoothiex12.blogspot.com/2022/0 ... -head.html

[deepthinker]

https://youtu.be/d8SZeB1BVeI

Yes, Andrei is quite funny, but he does focus on facts. The above video is quite interesting. I did not know Schwab was so intellectually challenged. Look at the title of his thesis

[Yodean]

https://youtu.be/r6yxPpTouBk?t=3

*****

6 minutes, not too shabby. Another minor example of the Individual vs. the Collective Mega-trend.

[harryg]

6 minutes, not too shabby. Another minor example of the Individual vs. the Collective Mega-trend.

Interesting vid, merci.


Alone ≠ lonely


I identify with a lot of this, particularly 1, 3 (!), 5, 6, & 9

I rarely stay up late, but I usually get up very early, hope that counts.




Not that I need your validation

[SOL]

6 minutes, not too shabby. Another minor example of the Individual vs. the Collective Mega-trend.

Interesting vid, merci.


Alone ≠ lonely


I identify with a lot of this, particularly 1, 3 (!), 5, 6, & 9

I rarely stay up late, but I usually get up very early, hope that counts.




Not that I need your validation

I can attest to this, over the years I spend more and more time alone, not because I want to but because being in a crowded room with fools is even lonelier than being alone and it is 10X more aggravating. I don't need the aggravation. I tend to sleep late, as for some reason I don't feel sleepy early unless I have worked out really hard or walked in excess of 15Km