China-Russia natural gas pipeline has completed construction

 

The eastern route of the China-Russia natural gas pipeline has completed construction, which will allow natural gas from Russia to cross nine provinces, municipalities and autonomous regions to reach Shanghai, ensuring #energy supplies for eastern China. https://t.co/L6qbw71FOa

— China Daily (@ChinaDaily) December 11, 2022

Let me hit you with a what if.

A reader informed the blog that China has established the use of their currency to purchase oil from the Middle East.

China and Russia has completed their natural gas pipeline with more to come.

India and the rest of the non-Western allied world is still buying oil from Russia.

What if Russia takes care of its friends (China, India and a few other select countries) and takes it energy off the market?

No more sales at all to Europe.  No covert sales to the US.

Nothing at all to the West.

What if Opec sets up competing markets.  One outside the Western system and another established within the Chinese system.

What would that do to energy prices.  How much would we pay for gas during the summer driving season?  How high would fertilizer and other essential good cost then?