World News

39032 readers

2286 users here now

A community for discussing events around the World

Rules:

Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]

Recommendations

How to spot Misinformation and Propaganda

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

Consider including the article’s mediabiasfactcheck.com/ link

founded 1 year ago

MODERATORS

[email protected]

346

Ukraine appears to be attacking Russia's oil-and-gas industry with small, cheap drones that can bypass its air defenses (www.businessinsider.com)

submitted 9 months ago by [email protected] to c/[email protected]

23 comments fedilink hide all child comments

Oil and gas facilities in Russia have caught fire in recent weeks following suspected drone attacks.
In the latest attack, an oil refinery in the southwestern Volgograd region was ablaze on Saturday.
Russia's air-defense systems have proven to be less effective against small drones.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 0 points 9 months ago (1 children)

Supply and demand applies. In the short term, oil usage is fairly inelastic. If supply is squeezed, by Russia not being able to produce, then prices climb. This encourages the building of new plants, or the expansion of old ones due to rising profits. It also encourages affected nations to build plants, to secure their own national requirements.

To fix things, you need to attack both supply and demand. Demand is helped by reduce the friction with moving away from oil, as well as providing cost competitive alternatives. Supply is helped by forcing the externalised costs back into its pricing. This reduces profitability, and increases the pressure to change away from oil.

[–] [email protected] 0 points 9 months ago

Supply and demand applies.

Not on the local level with a global commodity like oil.

If supply is squeezed, by Russia not being able to produce, then prices climb

Not necessarily, no. Other oil producing countries might elect to release some of their reserves or increase production to keep prizes down. As I said, global commodity.

Aaaand the rest just keeps on in the same way of assuming that local supply has vital effects on the price of a global commodity, so I'm just gonna stop repeating the point you keep missing in your zeal to make one less oil refinery in the world a bad thing 🤦