Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DuncanWaring

Of course, I do. You’re missing the point. The easiest way lessen the scope of the shortage is to keep that Russian oil flowing into the global supply. You do realize C is China. China and India will hopefully give the world’s oil supply an end run around the devastatingly stupid western sanctions. Oil is at $122 today. It was a ridiculously high of $88 on 2/1. Putin has been selling oil at a 20% discount to BRICS member states. Putin gets 80% of $122 or $97 AFTER the sanctions. China can buy all the oil that Russia can export at market minus 20%. Who really takes the hit, bears the brunt of the burden for the “let’s get the damn Russians” sanctions? You and I, hemorrhaging at the gas pump, are the real losers here.


14 posted on 03/24/2022 5:29:34 AM PDT by hardspunned (former GOP globalist stooge)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: hardspunned

Well stated indeed!


15 posted on 03/24/2022 5:36:02 AM PDT by Bogie
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson