Both countries have economies that rely on the production and sale of oil and natural gas. In Russia, the oil and gas sector contributes almost 40% of national revenue and more than half of the exports. In Saudi Arabia, the oil and gas sector contributes about half of the country’s GDP and 70% of its exports. The national oil company, Saudi Aramco, also contributes around 60% of the government revenue, and the government employs almost 70% of all working Saudis.
Is there one regime or government in the world that does NOT want Trump defeated in 2020? Maybe Israel?
Well The Dems are weak as water
thank Heaven PDJT has enabled the American energy industry to start recovering Russia has domestic and European customers, and the Arabs can GTH
Not believing a word of that. Russia doesn’t want muzzies but with a demonrat win, America will be muzzieland.
Biden is a broken-down old jackass who has had a decades-long career as a corrupt U.S. politician who is willing to sell us out to anyone and everyone.
To foreign leaders, Joe Biden is exactly what they were hoping to get with Hillary Clinton.
[RINOs need to stop pretending that Gabbard is a conservative, or indeed even represents US interests in any way]
OPEC Has Already Turned to the Euro
GoldMoney Alert
February 18, 2004
...The source for the euro exchange rate is the Federal Reserve, and I have calculated the euro's average exchange rate to the dollar for each year based on daily data.We can see from column (4) in the above table that in 2001, each barrel of imported crude oil cost $21.40 on average for that year. But by 2003 the average price of a barrel of crude oil had risen 26.0% to $26.97 per barrel. However, the important point is shown in column (6). Note that the price of crude oil in terms of euros is essentially unchanged throughout this 3-year period.
2001
As the dollar has fallen, the dollar price of crude oil has risen. But the euro price of crude oil remains essentially unchanged throughout this 3-year period. It does not seem logical that this result is pure coincidence. It is more likely the result of purposeful design, namely, that OPEC is mindful of the dollar's decline and increases the dollar price of its crude oil by an amount that offsets the loss in purchasing power OPEC's members would otherwise incur. In short, OPEC is protecting its purchasing power as the dollar declines.
Russia sells the EU 45 percent of its oil and a big chunk of its natural gas.
There's our enemies. Vote Trump.
The next step Trump will take is to open ANWR to drilling.
This could really help the Pacific coast US refineries.
The dynamics of this subject haven’t changed one bit since 2016 - the Russians could NOT EVER have wanted a Trump victory, as it would have (and, in hindsight, HAS) produced a virtually historical replay of the 1980s, when Ronaldus Maximus broke the back of the Soviet Union through lower oil prices and higher defense spending. Trump promised to unleash the oil industry and to build up the armed forces, and has done just that. Anyone who thinks that Putin couldn’t figure this out 4-5 years ago is an idiot, because Putin surely isn’t one by a very long shot.
And, thus, the very idea of the Russians colluding with the Trump campaign to defeat Clinton is laughable.
I thought Trump colluded with Russia to defeat Hillary and get Trump elected in 2016?
Now Russia wants the democRATS to beat him in 2020?
Can't Russia make up their minds on what they want?
Or was that collusion thing all a lie? :-)
But, Russia got him elected the first time!