{"id":4850,"date":"2015-01-26T06:44:53","date_gmt":"2015-01-26T11:44:53","guid":{"rendered":"http:\/\/olduvai.ca\/?p=4850"},"modified":"2015-01-26T06:44:53","modified_gmt":"2015-01-26T11:44:53","slug":"russian-sanctions-might-be-obamas-greatest-blunder","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=4850","title":{"rendered":"Russian Sanctions Might Be Obama\u2019s Greatest Blunder"},"content":{"rendered":"<h3><a href=\"http:\/\/oilprice.com\/Energy\/Crude-Oil\/Russian-Sanctions-Might-Be-Obamas-Greatest-Blunder.html\" target=\"_blank\">Russian Sanctions Might Be Obama\u2019s Greatest Blunder<\/a><\/h3>\n<p>One of the greatest foreign policy blunders of the Obama Administration was the push by the U.S. for economic sanctions against Russia. That led to Russia fleeing into the arms of China for refuge. In response, Russia, Europe\u2019s largest and most populated country, is now intent on moving its vast storehouse of resources eastward, strengthening America\u2019s largest emerging rival.<\/p>\n<p>Over the last two years, the two countries have completed a $700 billion agreement for Russia to deliver energy to China, amounting to about 17% of Chinese annual supply, for a period covering twenty years, with China financing much of the initial costs of pipeline construction.<\/p>\n<p>What Russia has done, in that one move, is to help repair a major hole in China\u2019s military armor, making it invulnerable to a U.S. cut-off of sea bourn energy supplies, which until now was one of the greatest fears of Chinese military strategists.<\/p>\n<p>From the Chinese perspective, this is a gift that fulfills its wildest dreams. It\u2019s also a gift that could severely undermine the West&#8217;s plans to deliver expensive Liquified Natural Gas (LNG) to China and Asia, while already facing competition from Qatar and Australia LNG, will now also run up against Russian pipeline gas through China.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russian Sanctions Might Be Obama\u2019s Greatest Blunder One of the greatest foreign policy blunders of the Obama Administration was the push by the U.S. for economic sanctions against Russia. That led to Russia fleeing into the arms of China for refuge. In response, Russia, Europe\u2019s largest and most populated country, is now intent on moving [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[130,281,324,584,694,827,834],"class_list":["post-4850","post","type-post","status-publish","format-standard","hentry","category-geopolitics","tag-china","tag-europe","tag-foreign-affairs","tag-obama","tag-russia","tag-united-states","tag-us"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4850"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4850\/revisions"}],"predecessor-version":[{"id":4851,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4850\/revisions\/4851"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}