I have mentioned the control of Arctic resources previously as one of many reasons for the targeting of Russia by NATO.So, it is interesting to note that the sanctions are geared towards prohibiting Russia from accessing it's Arctic resourcesBefore we get to the sanction we are going to FLASHBACK to December 2011. Back more then 2 & 1/2 years ago.... Cause sometimes you have to go back to the future - Pun intended
Who controls the Arctic, controls vast resources
Just a quick post. A little something to think about...If you had doubts that the NATO world army has designs on Russia, as they do the bidding for banksters, big oil and other global robber barons, clear your brain of those doubts. Now.
The Arctic CircleThe Arctic. Resource rich and largely under the control of Russia-
Some of the world's richest reserves of the stuff are buried beneath the beds of the Berents sea, North of Russia and well into the Arctic Circle. It's estimated that this area holds somewhere around a quarter of all the oil reserves in the world.
Get the picture? Vast resources, untapped. Notice the expansive Russian coastline?
*Now, let's check out the sanctions. The "coordinated" sanctions
From this article "Coordinated Sanctions Target Russia's ability To Tap It's Oil Reserves
The United States and Europe kicked off a joint effort on Tuesday intended to curb Russia’s long-term ability to develop new oil resources In announcing coordinated sanctions, American and European leaders went beyond previous moves against banking and defense industries in an effort to curtail Russia’s access to Western technology as it seeks to tap new Arctic, deep sea and shale oil reserves. The goal was not to inhibit current oil production but to cloud Russia’s energy future.
The new strategy took direct aim at the economic foundation of Russia, which holds the largest combined oil and gas reserves in the world. The growth of the oil industry in the last two decades has powered Russia’s economic and geopolitical resurgence since the collapse of the Soviet Union and enriched allies of President Vladimir V. Putin. Russia pumps about 10.5 million barrels of oil a day, making it among the largest producers
“The biggest edge that Western energy companies still have is their technological edge — that’s why these sanctions have the potential to have significant impact,” said Michael A. Levi, an energy expert at the Council on Foreign Relations. “Chinese companies can’t step in and provide shale technology where U.S. companies are blocked. They can provide capital; they can provide people. They can’t fill in on the technology front.”
The technology cutoff could be important because Russia is only now at the early stages of developing new Arctic, deep sea and shale resources.
Europe has still not gone as far as the US, however, Europe is clearly run by a bunch of idiotic sychophants & toadies, who are, as I had feared willing to harm the entire European populace to appease Washington.
European governments moved ahead despite concerns that Europe would pay an economic price for confronting the Kremlin more aggressively. While their actions went far beyond any previously taken against Russia over the Ukraine crisis, they were tailored to minimize their own costs. The arms embargo, for instance, applies only to future sales, not to the much-debated delivery by France of Mistral-class helicopter carriers that resemble bigger aircraft carriers. And the energy technology restrictions do not apply to Russian natural gas, on which Europe relies heavily.
Really, Europe?