General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAnother reason Russia wants Ukraine
Official Website of the International Trade Administration
Energy Resource Guide - Ukraine - Oil and Gas
Ukraine has tremendous natural resources for meeting domestic oil and gas production needs, with estimates of approximately 900 billion cubic meters of proven reserves of natural gas. In Europe, Ukraine ranks second for gas reserves. Three Ukrainian regions contain hydrocarbons resources: the Dnipro-Donetsk basin, the Carpathian region in western Ukraine, and the Black Sea and Crimea region in the south. The Dnipro-Donetsk basin is a major oil and gas producing region accounting for 90 percent of all current Ukrainian production. The structure of hydrocarbons production in Ukraine is as follows: natural gas 89 percent, oil 7.9 percent, and gas condensate 3.1 percent. The primary source of hydrocarbons in Ukraine is natural gas, though the most lucrative gas reserves are located below 5,000 meters.
https://www.trade.gov/energy-resource-guide-ukraine-oil-and-gas
Oil is the root of much evil
elleng
(130,895 posts)Texaswitchy
(2,962 posts)Natural resources.
Hoyt
(54,770 posts)Hoyt
(54,770 posts)Yo_Mama_Been_Loggin
(107,968 posts)That didn't quite work out.
Hoyt
(54,770 posts)calimary
(81,240 posts)Made me wish we could peel ourselves off the oil standard.
JI7
(89,249 posts)Hoyt
(54,770 posts)It was wrong then, it's wrong now.
GoCubsGo
(32,083 posts)They don't call it "the Breadbasket of Europe" for nothing.
roamer65
(36,745 posts)A prolonged, Afghanistan style quagmire will put grain prices through the roof.
treestar
(82,383 posts)None of that will work. It's not the 18th century. They would have a hell of a time keeping order. How have they not learned that blunt force does not work?
Joinfortmill
(14,417 posts)He may be in for a fall this time.
sprinkleeninow
(20,246 posts)Roy Rolling
(6,917 posts)The business world is switching away from oil and gas, they see the handwriting on the wall.
Dictator-led businesses disguised as countries like Putins Russia are too-slow and stupid to face that realty. This is one of the times the Invisible Hand of the Marketplace is peaces best friend.
Its like 1800s-era armies fighting over the oats for their horses. Eventually, armies became mechanized and horses were obsolete. The marketplace will make a Russian invasion of Ukraine such a financial drag that citizens of both countries will revolt.
Thats my story and Im sticking to it.
58Sunliner
(4,386 posts)Two articles from the Atlantic-The Reason Putin Would Risk War
https://www.theatlantic.com/ideas/archive/2022/02/putin-ukraine-democracy/621465/
And one about diplomacy and Russia.
https://www.theatlantic.com/ideas/archive/2022/02/lavrov-russia-diplomacy-ukraine/622075/
Hekate
(90,677 posts)Any Ukrainian with a memory for their history has no desire for the Russian embrace. It is garbage to say (as Tuckems has done) that Vlad just wants to protect his borders.
From what, pray tell? Far better that the EU recognize Ukraine as the valuable resource it is and as the valuable buffer against Putin that it is. As far as membership in NATO goes, thats up to the current members who imagines for a second that Putin gets any say in the membership of that important alliance?
All that and energy resources too.
hippywife
(22,767 posts)this is the reason that comes up.
Wicked Blue
(5,832 posts)Metallic minerals - Mineral Resources of Ukraine
https://eng.minerals-ua.info/golovna/metalichni-korisni-kopalini/