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Daniel Yergin: How to cut off Russian oil and gas to Europe without causing chaos

Public Policy

What seemed undoable when Russia invaded Ukraine — banning Russian oil and gas sales in a Europe that depends heavily on Russian energy — is becoming increasingly likely. But it will need to be done right if it is going to work.

Sanctions imposed against Russia in February after the war began notably excluded energy because it was feared that Europe is so dependent on Russia energy imports that severing the ties would result in skyrocketing prices, shortages and economic hardship. The European public’s support for the concerted Western response to the invasion might be undermined.

Then came almost two months of war — devastating attacks against civilians, the horrors revealed by the Russian retreat from Kyiv, the imminence of massive battles in the Donbas region. European governments have vowed to wean themselves off Russian energy over several years; but now, amid mounting revulsion over Russian President Vladimir Putin’s tactics, momentum is accelerating for European Union energy sanctions. It has already begun with Russian coal.

But gas and oil are the big-money sources for Russia’s war financing. If Europe cut off shipments completely, we calculate that it would cost the Kremlin, at current prices, more than $250 billion a year. Is it possible to do so without causing massive, destabilizing economic pain? “Self-sanctioning” — refineries refusing to use Russian oil, banks not providing financing — is already reducing European purchases of Russian energy. High import tariffs on Russian energy, intended to force Russia to take massive discounts to make its oil competitive, are now under discussion.

Completely severing Europe from Russian energy, though, will depend on skillfully managing the resulting energy shortages and turbulence. To succeed requires something that has until now been largely missing: collaboration between government and industry.

Politics needs to be put aside, along with recycled sound bites about “price gouging” that ignore the realities of shortages in the global market and discourage cooperation.

U.S. and European governments need to collaborate with companies on a daily basis, sharing information, to coordinate the complex logistics and supply chains of an oil market of nearly 100 million barrels per day. This is wartime, and that means reaching back to the government-industry collaboration of World War II and the “voluntary agreements” of the Korean War and “emergency committees” of the 1956 Suez Crisis, which at the time included temporary antitrust exemptions to permit critical information flow among government and companies.

With such cooperation, sanctions against Europe-bound Russian oil might just be manageable. According to our figures, about half of Russia’s 7.5 million barrels per day of crude and product exports go to Europe — meeting about 35 percent of total demand. President Biden’s recent announcement of a huge release from the U.S. Strategic Petroleum Reserve was a major step to help offset shortages.

U.S. oil production will increase substantially this year. Middle East producers could add more oil quickly, but that would mean jettisoning their OPEC Plus agreement and getting beyond the tensions in U.S.-Saudi relations. An Iran nuclear deal, with sanctions lifted, could quickly bring more oil to market. But Russia, a party to the deal, might not support an agreement that would add competitive oil to the market.

Some of the Russian barrels rejected by Europe would move to Asia but be sold at big discounts, and their passage would be impeded by sanctions, limits on insurance and finance, and the physical availability of ships. Here, lessons need to be applied from the 2012-2014 sanctions on Iran.

Natural gas is the biggest challenge, because of Europe’s high dependence on pipeline delivery from Russia — normally about 35 percent of E.U. demand but fluctuating down to 25 percent. While liquefied natural gas has brought much additional gas to Europe and with more to come, there is not enough additional LNG capacity globally or sufficient LNG infrastructure in Europe to offset a shortfall from turning off the Russian spigot.

Significantly expanding renewable energy will take years. But there are immediate steps that could reduce Europe’s gas dependency: temporarily using more coal; if possible technically, not shuttering Germany’s last three operating nuclear reactors; energy conservation; behavioral changes (e.g., adjusting building temperatures); and possibly some form of rationing.

These steps would be heavy lifts politically, especially in Germany, but as horrors continue to emerge from Ukraine, people might be more accepting of the moves than their leaders anticipate. To soften the economic impact, governments might look hard at Russian financial assets in Europe to compensate consumers and companies.

A decade ago, Putin denounced the “fracking” shale revolution, recognizing it as a threat. He was right to worry. If the United States had not gone from importing 60 percent of its oil to becoming the world’s No. 1 producer and, this year, the world’s largest exporter of LNG, Europe might now be his hostage. Now, Putin has revealed just how formidable a strategic asset U.S. oil and gas is — not only for the United States but also, in this deepening crisis, for Europe.

The Washington Post

38 Comments on "Daniel Yergin: How to cut off Russian oil and gas to Europe without causing chaos"

  1. Outcast_Searcher on Sat, 16th Apr 2022 7:33 pm 

    Yup. Things like planning AHEAD, working together, being willing to make minor sacrifices (like some re energy price, especially in the short term), etc. would be helpful.

    But humans, especially in large groups, aren’t too good at planning ahead or working together for common goals.

    Given the way Russia could just suddenly cut off NG to Europe, the lack of urgency re them dealing with it WOULD be astonishing to me if I weren’t used to so much incompetence.

    And they have two seasons to get on with it. ESPECIALLY if they’re even THINKING seriously about major Russian energy sanctions.

    And yes, the major way to seriously cripple the Russian economy over time is on top of what’s already being done — remove almost all their income from energy.

    Kind of hard to maintain a huge war machine, much less aggressively start wars, with little funds to work with.

    But as usual, I predict lots of waffling, little action, and then lots of finger pointing when things (predictably) go very wrong.

  2. dissident on Sat, 16th Apr 2022 11:27 pm 

    Daniel Yergin the great home of the west. LOL. This clown has been systematically wrong for the last 30+ years on oil prices and oil production. He is a yes-man for the elites and part of their circle jerk club.

    The severing of oil and gas imports could be happening this month (April) because the EU sanctioneers claim it is illegal to pay Russia in rubles. The EU is going to have to buy some rubber tubing from shyster Yergin to insert into its collective anus to get the gas it needs.

  3. Biden’s hairplug on Sat, 16th Apr 2022 11:40 pm 

    Yergin can go f* himself. It is his ilk that caused this war, because they couldn’t keep their greasy hands from Ukraine in order to use it as a weapon against Russia. Yergin is a globalist because he is a kike. Sorry Daniel, but you crossed a red line and this mistake offers the opportunity to the world to finally get you and your ilk destroyed. Ukraine is merely de hors d’oevre, the main course will be you, fed to the Red Dragon. Like these other two mid-Euradian historic menaces, the Huns and the Mongols, you terrorized Europe for a century, before you will vanish from history for good. The bell now tolls for you.

    Here Mearsheimer explains what is happening:

    He is famous for exposing “The Israel Lobby” behind the Iraq war and got away with it. He could do the same regarding Ukraine.

    Although it is unlikely that Russia will conquer the entire Ukraine, they can’t loose either. He will prevail in the East AND impose a no-NATO condition onto the country, because he can continue the war indefinately.

  4. Theedrich on Sun, 17th Apr 2022 6:11 pm 

    The “horrors” from Ukraine are fake. But they can be used to impoverish Europe.  So, go ahead, European vassals.  Become medieval serfs in order to punish Russia.  America will love that.

    The talk by John Mearsheimer referred to above by Hairplug simply presents the facts of America’s aggression toward Russia, using Ukraine as a proxy.  The true nature of this proxy war, waged by all kinds of lies and half-truths from America and its servile European nations, has been glaringly obvious to anyone who does not let himself be brainwashed by the megalomaniacs in the Pentagon and its Ministry of Propaganda, the MSM.  One does not need a Mearsheimer to explain the obvious consequences of delirium.

    The human brain was developed through the incredibly arduous, precarious and difficult process of evolution to cope with reality.  Today, vast numbers of American and other self-delusionists have decided to escape reality by damaging their brains with narcotics.  It is not hard to see what will now happen.  The masses are easily brainwashed by the Yankeeland Ministry of Propaganda (aka mainstream media or MSM) and its tentacles in subordinate countries.

    As has of old been said, the wages of sin are death.  The West and its puppets are willfully choosing doom.  The ideologically and scientifically blind but serpentine oligarchic forces fantasize that they will control the planet and drink its blood.  The preternature behind history, however, has a different plan.

    And that plan is extinction.

  5. Evan Roberts on Mon, 18th Apr 2022 7:42 pm 

    As impressive as Yergin’s hot air btu output always is, it will still leave Europe freezing to death in a new dark age.

  6. Cloggie on Tue, 19th Apr 2022 4:21 am 

    According to a new BloombergNEF report, of the top ten oil majors that are most likely to survive the energy transition, are 8 European, 1 Japanese, 1 Thai and no US oil companies:

    “Chevron, Suncor and other North American energy giants sharply lag European rivals in ‘green transition’ scorecard”

    1. Shell
    2. Total
    3. Repsol

    These companies realize best that their old business model is running out and they prepare for a future after oil, like investing in hydrogen technology.

    Says not some Euro-chauvinist (you know the type), but Bloomborg.

  7. Cloggie on Tue, 19th Apr 2022 4:41 am 

    The battle between hydrogen and battery cars still undecided:

    Mercedes has introduced a fuel cell car with a range of more than 1000 km.

  8. Biden's hairplug on Tue, 19th Apr 2022 6:53 am 

    “China and Solomon Islands sign security deal, Chinese foreign ministry says”“>

    The noose around Australia’s neck is tightening. Australia could very well be Chinese around 2030, certainly if the current Ukraine war expands into WW3 and the US will get a baseball bat planted in its face, made in China. AUKUS losing the war in East-Asia could be just the required excuse for China to incorporate Australia into its emerging Sinosphere empire. Why do you think the Chinese government has been demonizing the Australians over the past few years?

  9. Duncan Idaho on Tue, 19th Apr 2022 9:35 am 

    “There are really two Americas.” For the grifter class, government is “a tool for making money,” while “in everybody-else land, the government is something to be avoided.”

    -Matt Taibbi

  10. Duncan Idaho on Tue, 19th Apr 2022 10:06 am 

    A 35-year-old Trump nominated judge who was rated as “not qualified” by the ABA has issued a major ruling on mask mandates.

    That sums up the entire tr*mp administration and family.)

  11. FamousDrScanlon on Tue, 19th Apr 2022 2:02 pm 

    Refugee Crises, Social Collapse, Countrywide Blackouts: The Coming U.S. Climate Nightmare

    13 hours ago

    “Since I originally wrote this reblogged article last year, our climate collapse has progressed, with this spring’s extreme weather exemplifying a doubling in blackouts from storms throughout the last twenty years.”

    “Last year, environmental reporter Abrahm Lustgarten wrote about the options that the first wave of climate migration are going to have:

    The nation’s federal flood-insurance program is for the first time requiring that some of its payouts be used to retreat from climate threats across the country. It will soon prove too expensive to maintain the status quo. Then what?”

    Yergin has more than earned his wealth & status as Big Oil’s number #1 cheer leader. I don’t know if Danny boy is a true believer, but he’s very good at what he does.

    Oh Danny Boy the (oil) Pipes the Pipes are calling…

    Oh Danny Boy the Cancer The Cancer is spreading….

    “About 900 tons of melted nuclear fuel remain inside the plant’s three damaged reactors, including about 280 tons in Unit 1. Its removal is a daunting task that officials say will take 30-40 years. Critics say that’s overly optimistic.”

  12. FamousDrScanlon on Tue, 19th Apr 2022 2:19 pm 

    If anyone knows all about cock & balls it’s Turkey Carlson.

    Tucker Carlson: Tan Your Balls If You Want To Be A Real Man

    How to address the “end of men?” Carlson wants men to be “open-minded” about shining a bright red laser on their groins.

    ” Carlson has recently begun promoting a new documentary episode for his “Tucker Carlson Originals” series, in which he asks his audience to be “open-minded” about a novel proposal to address the “End of Men” — a real, not-made-up problem the Fox host has identified.

    A promo for the special shows a bunch of shirtless men doing guy stuff (shooting guns, cooking meat, swinging big axes)”

    Trump Pride: Gay Republicans on why they’re backing the president

    While LGBTQ Americans have historically been a reliable Democratic voting bloc, some gay voters say they’re “100 percent on board” with Trump this year.

    The exact size of Trump’s LGBTQ base is unclear. An unscientific survey last month by the gay social app Hornet indicated that 45 percent of its American respondents were voting to re-elect the president. But a Morning Consult poll from June found 19 percent of LGBTQ voters backed Trump, while GLAAD’s State of LGBTQ Voters report in September reported just 17 percent of LGBTQ registered voters were supporting the president.

    It gives MAGA a whole new meaning.

  13. FamousDrScanlon on Tue, 19th Apr 2022 2:29 pm 

    How Democracies Spy on Their Citizens

    The inside story of the world’s most notorious commercial spyware and the big tech companies waging war against it.

    “Commercial spyware has grown into an industry estimated to be worth twelve billion dollars. It is largely unregulated and increasingly controversial. In recent years, investigations by the Citizen Lab and Amnesty International have revealed the presence of Pegasus on the phones of politicians, activists, and dissidents under repressive regimes. An analysis by Forensic Architecture, a research group at the University of London, has linked Pegasus to three hundred acts of physical violence.”

    This a long read & it comes with an audio option, 57 mins, with an excellent narrator.

  14. FamousDrScanlon on Tue, 19th Apr 2022 6:31 pm 

    “There are really two Americas.” For the grifter class, government is “a tool for making money,” while “in everybody-else land, the government is something to be avoided.”

    -Matt Taibbi

    Great quote.

    BTW, if you become an enemy of focus for the establishment, you can have a literal mountain of fire arms and explosives, but it won’t do you any good at all, since they will ruin your life with a few swipes on a keyboard. As for the bureaucrat slave guy who works the keyboard…’ll never know him & he will forget your name by lunch time. Soon, they’ll have AI that will lay him off. Perhaps you’ll bump into each other down at the endtimes bar-N-grill where white men, who are not quite senior citizens yet, go to find company for their misery & compare lists of “others” to blame the national & their personal decline on: Jews, Chinks, Jews, Niggers, Jews, immigrants, Jews, Humanities courses you don’t understand, but are happy to hate nonetheless, Jews, Book learnin, Jews, Trash mouth Canadians, Jews, Rainbow people, Jews and last but not least da Jews!

  15. Duncan Idaho on Tue, 19th Apr 2022 6:33 pm 

    “A defrocked Bay Area Catholic priest convicted of child molestation and accused by multiple families of sexual abuse and assault during his decades-long tenure has now been arrested for allegedly killing a man while driving drunk in a gated community.”

    Typical Catholic Priest.
    Kind of a lightweight for a Priest– most would of been passed out.

  16. Duncan Idaho on Wed, 20th Apr 2022 11:20 am 

    “What’s the difference between a whore and a congressman? A congressman makes more money.”


  17. Ted Wilson on Wed, 20th Apr 2022 3:43 pm 

    “The battle between hydrogen and battery cars still undecided:”

    Ask how many automakers sell > 10,000 EV/year. There are Tesla, BYD, Wuling, Nio, Xpeng, Geely, VW, Ford, GM … and soon it will be joined by Rivian, Lucid this year.

    And how many automakers sell > 10,000 EV/year?

    Oil companies want to distract the public by saying hydrogen will compete. Even if it does, it will grab share from oil.

    MB is already selling 1,000s of EVs, their hydrogen vehicle is just for show off.

  18. Biden’s hairplug on Thu, 21st Apr 2022 1:30 am 

    More Australian panic about its own fate:

    Australia could be Chinese NEXT YEAR if NATO is so stupid to escalate in Ukraine and corner Russia. Because if it does, China will come to the aid of Russia and open a second front in the Pacific, at the cist of Taiwan, South-Korea and Australia.

    Consider the West and Anglosphere in particular over. Smart Australians should have a plan B, situated in Europe or North-America.

  19. Duncan Idaho on Thu, 21st Apr 2022 4:22 pm 

    “The Democrats are going to take care of the son of a bitch for us.”

    —Mitch McConnell

    The Fat Boy does have fans–

  20. HailToTheNewKingsAndGODsOfEarth on Thu, 21st Apr 2022 5:57 pm 

    Earth has new Kings and GOD’s. The old ones are dead. Hail to the new King’s of earth.

    First you will be turned into insectoid, then you will be executed will deadly bloody facial skin cancer, then earth will be destroyed permanently with an ever lasting ice age.


  21. Biden's hairplug on Fri, 22nd Apr 2022 7:01 am 

    For those who have problems figuring out current affairs and its relation to history:

    “Ukraine for Dummies”

  22. Biden's hairplug on Fri, 22nd Apr 2022 7:10 am 

    Gonzalo Lira is still alive!!!!!

    Great news!

  23. Biden's hairplug on Fri, 22nd Apr 2022 12:31 pm 

    German general Erich Vad says that the war in Eastern Ukraine will be decided in a few days, Russia is simply too strong:

  24. FamousDrScanlon on Fri, 22nd Apr 2022 1:19 pm 

    Public Outrage Mounts as Siberia Forest Fires Spread at Unprecedented Rate

    Russians are co-opting a pro-war hashtag to raise awareness of fast-spreading wildfires in Siberia and highlight the government’s inaction toward the crisis.

    The current area of forest fires burning across Russia is twice as large as that of the same time last year,

    Siberia has fallen victim to increasingly devastating wildfires in recent summers as historic drought conditions and anbormally high temperatures have turned the region’s vast swathes of forest into a tinder box.

    Russian officials have linked the increasingly severe fires to climate change.

    In previous years I did some research and found many fires were in the middle of nowhere. No roads, no towns & no people. Similar to the Canadian north. It would be extremely expensive & more dangerous to try and fight these fires.

  25. FamousDrScanlon on Fri, 22nd Apr 2022 1:23 pm 

    Critical wildfire conditions this week as fast-paced fire season continues

    Critically dry weather conditions continue to fuel fires across the Southwest, bringing yet another week of fire danger.
    It has been an extraordinarily busy start to the fire year in the South and Southwest, with more than 19,000 wildfires reported through Tuesday, according to the National Interagency Fire Center.

    These numbers will likely climb higher over the course of this week

  26. FamousDrScanlon on Fri, 22nd Apr 2022 1:32 pm 

    Europe suffered year of climate chaos in 2021, EU report says

    April 22 (Reuters) – Europeans endured the hottest summer on record last year, with wildfires, floods and intense heatwaves hitting the continent, according to a report by EU scientists released Friday.

    Summer temperatures were about 1 degree Celsius above the average over the past three decades, with Italy even recording temperatures of 48.8C – a provisional record for the whole of Europe.

  27. Biden’s hairplug on Fri, 22nd Apr 2022 5:42 pm 

    “Whites Responsible for Less Than 3% of All Mass Shootings In 2022 So Far—But Black Attacks Skyrocket“

    America will be on the road to recovery, once whites will do most of the mass shootings.

  28. Biden’s hairplug on Fri, 22nd Apr 2022 5:45 pm 

    “Daddies in Mommie-land”

    Daddy Putin and the western hysterical sissies.

  29. Biden’s hairplug on Fri, 22nd Apr 2022 5:46 pm 

    The situation in Ukraine:

    Things are brightening up for Russia.

  30. Biden's hairplug on Sat, 23rd Apr 2022 10:09 am 

    “Boris Johnson admits Russian victory in Ukraine is ‘a realistic possibility’ as Putin steps up onslaught”

    BoJo going off-script.

    Sleepy Joe in contrast said this the other day:

    – “to hold Putin accountable for his brutal and bloody war”;
    – “to further augment Ukraine’s ability to fight in the east — in the Donbas region”;
    to “repel Russia’s aggression in Ukraine, to beat back Putin’s savagery”;
    – “sending an unmistakable message to Putin: He will never succeed in dominating and occupying all of Ukraine. He will not — that will not happen”;
    – “to ratchet up the pressure on Putin and further isolate Russia on the world stage”;
    – “further to deny Russia the benefits of the international economic system that they so enjoyed in the past”;
    – “to continue to stand with the brave and proud people of Ukraine.”

  31. SomeOfTheNewKingsOfEarth on Sat, 23rd Apr 2022 6:44 pm 

    I said many times that earth has new Kings and GODs. The old GODs or earth have been terminated. Putin, me and some other guy in china taking care of shutting down china supply are some of the new Kings of earth. There will be no revolution against Putin because is is part of the new tems of Kings of earth, same as me.

    Russian general reveals next country on Putin’s invasion list

  32. SomeOfTheEarthKing on Sat, 23rd Apr 2022 6:54 pm 

    We also have new Kings in Europe that are there to destroy Western Europe. Everything make sense once you understand that the old Kings and Gods of earth are dead and new ones have dominion over earth.

  33. FamousDrScanlon on Sat, 23rd Apr 2022 9:03 pm 

    Record low Antarctic sea ice extent could signal shift

    “Sea ice around Antarctica shrank to the smallest extent on record in February, five years after the previous record low, researchers said Tuesday, suggesting Earth’s frozen continent may be less impervious to climate change than thought.”

    Melting sea ice has no discernable impact on sea levels because the ice is already in ocean water.

    But diminished ice cover is nonetheless a major concern because it helps accelerate global warming

    Soon enough it will be record low crop yields, fear, starvation for you & yours with your last thought “boy am I ever fucking dumb & I could not be more wrong”.

    Except for the fuck head conspiracy crew who have 48 alternate explanations made up for what climate science & the laws of chemistry & physics predicted over 30 years ago.

  34. FamousDrScanlon on Sat, 23rd Apr 2022 9:10 pm 

    Western U.S. Drought Approaches Historic Levels – Here’s Why That Matters To You

    Drought rarely receives immediate live reporter coverage and social media hashtags like a severe weather or hurricane threat. Yet, it is a significant stressor on society as well. The current drought in the U.S. West is approaching historic levels, and you probably didn’t even know it.

    NOAA goes on to point out that, “As the climatological wet season ends across portions of the West, with below average snow cover and reservoirs at or near record-low levels, concerns for expanding and intensifying drought and water resource deficits are mounting.” In a nutshell, the critical time to replenish western water supply is passing, and there are signs that the drought will continue to intensify. So what?

  35. FamousDrScanlon on Sat, 23rd Apr 2022 9:42 pm 

    Drought Is Threatening Hydropower in the Southwestern US

    If water levels in reservoirs around the region get much lower, the dams they feed into will no longer be able to produce energy.

    “..this year, the reservoir has hit a historic low, due to ongoing drought conditions in the region that have been attributed, at least in part, to climate change.”

    The Colorado River, an important source for many dams and power plants in the region, has been wracked by drought for the past 22 years—some research suggests that it is subject to the worst drought the area has seen in 1,200 years.

    1,200 years…it’s just a coincidence says climate conspiracy denier.

    Conspiracy people just love to shot how they don”t believe in coincidences, but that’s bull shit. They don’t believe in coincidences when they ‘think’ it supports their argument, but are dead silent or knee jerking when the coincidence contradicts their beliefs.
    Don’t feel bad only 100% of humans do this.

    The term cognitive dissonance is used to describe the mental discomfort that results from holding two conflicting beliefs, values, or attitudes. People tend to seek consistency in their attitudes and perceptions, so this conflict causes feelings of unease or discomfort.

    Anyways, it’s all your fault and none of mine

  36. FemaleInsectoidComingSoonAllOverTheEarth on Sat, 23rd Apr 2022 9:52 pm 

    Female insectoid through the whole video. Notice the back and shoulder on this insectoid 1:50.

  37. FamousDrScanlon on Sat, 23rd Apr 2022 10:06 pm 

    Electroverse article incorrectly claims the Sun is behind climate change


    Misleading: “Many things the article claims climate scientists “assume” are actually conclusions supported by extensive research and evidence. This includes the role of CO2 and other greenhouse gases in driving global warming.

    Inadequate Support: The article’s claims are not supported by published research. Of the two papers cited in the article, one does not support the article’s claim and the other was criticized by scientists for errors in its methods.”

    This article presents a long list of inaccurate claims, but focuses on the idea that the Sun—rather than human-caused greenhouse gas emissions—is responsible for global warming. The available evidence and research clearly shows that this claim is incorrect. Measured patterns of warming, and monitoring of incoming solar energy, rule out the Sun as the source of warming.

  38. Biden's hairplug on Sun, 24th Apr 2022 4:24 am 

    “1788. China to Make Electric Tumbrils”

    Washington is a rerun. In Paris in 1788 , creeping toward the Terror, the aristocracy was, like Washington’s upper crust, wealthy and schooled and cultured and cared not a withered farthing about the peasantry, as neither does Washington. Marie Antoinette didn’t really say, “Let them eat cake,” but they all thought it, and Hillary Antoinette, with her contempt for the Basket of Deplorables, expresses the same sentiment. There will be a price. Maybe anyway.

    I spent two weeks in this diseased city wondering, “What are they thinking? The country is disintegrating internally, inflation growing like kudzu on a Georgia roadcut, living standards falling, the schools going to hell, and Washington is worried about…the Ukraine? Things crumble, resources are desperately needed domestically, and Washington buys the B-21, which Aviation Week prices at $640 million a copy of which, by design, you have probably never heard.”

    It’s nuts. The racial situation is an intensifying disaster with continent-wide rioting, burning cities, ghetto kids graduating illiterate, desperate white people offing themselves with opioids, the rabble storming the Bastille—wait, this time I think it was the Capitol–but we need to raise prices by tariffs on China and Russia.

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