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//Bitcoin 𝕵ack 🐐

//Bitcoin 𝕵ack 🐐

@bitcoinjack

|+| I'll eat when I'm hungry #Bitcoin |+| Magic @thestorecloud //

Planet Earth เข้าร่วม Eylül 2011
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//Bitcoin 𝕵ack 🐐
//Bitcoin 𝕵ack 🐐@bitcoinjack·
The fertilizer story
Peter Zeihan@PeterZeihan

The real problem is nitrogen-based fertilizers, which are, as a rule, derived from oil-based naphtha or natural gas. Currently, Qatar takes natural gas produced at its South Pars gas field, which was recently struck by Iran, to make ammonia and convert it into urea. Urea is a natural gas-based fertilizer made primarily of nitrogen that you can spread in physical form, whether pellets or ground powder. This one facility in Qatar is responsible for about 11% of global urea production, the primary method that people use to apply nitrogen. Collectively, the Persian Gulf is responsible for between 30 and 35% of global ammonia production. And all of that has now gone to zero. Now, of the three primary fertilizer nutrients (nitrogen, phosphorus, and potassium), nitrogen is the one I am least concerned with in the short term, because it can be derived from either natural gas itself or oil. Here in the United States, we are a net oil exporter, have scads of natural gas, and can produce pretty much all the nitrogen we need. But now, due to recent attacks on Persian Gulf infrastructure, a large majority of the globe cannot do the same. In the short term - in the U.S. - we're likely to avoid massive shortages of nitrogen-based fertilizers. Yes, prices will rise, but we won't have actual shortages. But if you fast forward one, two, three, ten, or twenty years, the rest of the world will be in chronic nitrogen deficit. That's before you consider shortages of the other materials that are likely to manifest in the years to come. So, prepare for an environment where global food production stalls...and then crashes. #agriculture #farming #fertilizer #geopolitics

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Jacob Frautschi
Jacob Frautschi@JacobFrautschi·
@bitcoinjack would be a shame if China still has more leverage on Hormuz after this war 🙄
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//Bitcoin 𝕵ack 🐐
//Bitcoin 𝕵ack 🐐@bitcoinjack·
@VengeanceBTC NL sits on gas reserves that can power the entirety of Europe for 3 years if it was the only supply They have poured 500 meters of concrete into some of these wells and are proceeding with the remaining ones
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//Bitcoin 𝕵ack 🐐
//Bitcoin 𝕵ack 🐐@bitcoinjack·
@cryptolev11 Yup but you can pour concrete in your own wells so that way you are sure you have no own supply when you depend on the rest of the world Also, NL only stocked up to only 71% The european average to only 80%
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Cryptolev
Cryptolev@cryptolev11·
@bitcoinjack LNG cannot be stocked up the same way petroleum can be
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Innerdevcrypto
Innerdevcrypto@Innerdevcrypto·
imagine sitting on one of the largest gas fields in the world, filling the wells with concrete, because of some minor earthquakes, while one could literally make every person complaining about this a millionaire, while still extracting around 1 trillion$ worth of value at today´s gas prices. The infrastructure is also still intact with a vast gas-pipe network in the country instead the clowns opt for building more windmills, the national gas-reserves are down to 7%, and energy-costs out of control how people not mount a revolution is just unbelievable 🤨 netherlands is not just ruled by a woke/left-wing parasitical ruling class and judicial system, it is literally infested everywhere and will collapse the country while the herd applauds it on
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//Bitcoin 𝕵ack 🐐
//Bitcoin 𝕵ack 🐐@bitcoinjack·
EU leaders keep saying they will stock up soon and that supply security isn’t at stake And then this happens
Arnaud Bertrand@RnaudBertrand

I hate to be the bearer of bad news but if infrastructure like this 👇 gets blown up, as of this moment it will take at least a decade to recover from this war - and the truth is that the world's energy picture is probably changed forever. This single facility 👇produced roughly 20% of global LNG supply (aljazeera.com/news/2026/3/18…) and, as of 2011, had taken $70 billion to build (energyintel.com/0000017b-a7be-…). What makes this even worse is that Iran's strike on this was retaliation after Israel attacked their South Pars gas field which draws from the same natural gas reservoir, which is the world's largest by far (9,700 km² - about the size of Qatar itself). Heck, on the list of the 25 largest natural gas fields (en.wikipedia.org/wiki/List_of_n…) this single reservoir holds roughly 40% of their combined recoverable reserves - and is nearly 6 times bigger than the 2nd biggest field in the world. And, unlike many of the others on the list, it's only at 10% depletion (meaning 90% of the gas is still there). Which means that, probably for many years, a huge share of the gas from the world's largest reservoir simply won't be extractable, as infrastructure on both sides - Qatar's and Iran's - has now been blown up. From a global energy supply perspective, we're deep into worst-case scenario territory.

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//Bitcoin 𝕵ack 🐐
//Bitcoin 𝕵ack 🐐@bitcoinjack·
Why are people surprised that prices dislocate when transport and insurance have local bottlenecks causing spreads? It’s like a broken exchange that is insolvent and people can no longer get their money out and volatility causes market makers to ask insane premiums to make the market. Prices will see strange distortions.
Chris Martenson@chrismartenson

How do I explain that massive gap between US oil futures and the ROW? Manipulation of oil futures by the US government and/or its proxies. The line in the sand is $100. These efforts will backfire and are highly destructive to market function. 8 days - lol 👇

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//Bitcoin 𝕵ack 🐐
//Bitcoin 𝕵ack 🐐@bitcoinjack·
@yugo23 If the US wasn’t strong they wouldn’t pay almost half the price asia is paying
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Air23Jordan
Air23Jordan@yugo23·
@bitcoinjack If the USA was really powerful, they wouldn't have to resort to social networks excuses.
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Mave
Mave@Mave12198174·
@bitcoinjack Yeah, seems to me that China hopes that their reserves will suffice. In fact, they have huge oil reserves. Pricing is still an issue for the US though as oil is priced globally.
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//Bitcoin 𝕵ack 🐐
//Bitcoin 𝕵ack 🐐@bitcoinjack·
The brent crude vs wti vs middle east spread is going to haunt Europe and Asia, with the Asian market hurting the most The US holds strong cards here, unless China intervenes, no?
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Edw66.GEMS
Edw66.GEMS@edwindewit1966·
@bitcoinjack Buy as much food and store it for later... War might end...broken pipes aren't fixed in 6 months to a year Skyrocketing prices Have fun
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