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New US sanctions for Russia on war anniversary


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Posted

If the powers to be in the USA had any brains they would have been producing a lot more oil and gas to keep the prices down. Russia is very happy with the high oil price as it lets them buy much more weapons to fight the Ukraine people.

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Posted
35 minutes ago, vandeventer said:

If the powers to be in the USA had any brains they would have been producing a lot more oil and gas to keep the prices down. Russia is very happy with the high oil price as it lets them buy much more weapons to fight the Ukraine people.

I guess some people will never be happy.

https://www.reuters.com/business/energy/us-poised-become-net-exporter-crude-oil-2023-2022-12-19/

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Posted (edited)
35 minutes ago, vandeventer said:

Too bad a lot went to China.

There is no law forbidding to sell to China, or forbidding brokers to resell to China (which is what happened).

On top of it, it's a global market so China did not get any favour. They paid the global market price and would have bought from another supplier at the same price anyway.

 

BTW, what means "A lot"? Which % of oil exports went to China in 2022?

Edited by candide
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