Posted on 06/08/2022 1:58:03 PM PDT by Mount Athos
The eu’s ban on Russian oil, agreed on May 31st, is off to an unpromising start. Since Russia invaded Ukraine in February, the amount of its oil pumped into the bloc has been increasing.
It rose by 14% between January and April, from 750,000 to 857,000 barrels per day, according to Argus Media, a publisher.
The embargo applies only to seaborne crude and petroleum products, for now covering just 75% of imports from Russia.
Oil supplied by pipeline to a handful of countries in central and eastern Europe is temporarily exempt—a concession to Hungary, which had been blocking the agreement. Refiners in these countries are snapping up cheap Russian crude that most Western buyers are shunning.
(Excerpt) Read more at economist.com ...
—well, well—as Sleepy Joe said, “sanctions won’t do much good”—
Ol Joe is caught with his pants down. You should read the fine print on these Sanctions. They do not mean what you think it means,
. Also, if Russia is allowed to continue their scorched earth warfare, how will Ukraine pay back our $40B?
If we were still producing oil and natural gas, our economy would be going strong, we would be shipping lots of it to the EU and Russia would be economically crippled.
Russia’s record oil profits are only ‘transitory’. Give it another 5-10 years, then it’ll really hurt.
you mean NATO and EU are full of crap?
“payback our $40B”, nothing like good slapstick.
LOL, there was never any intention of paying that back.
But our high energy prices are Putin’s fault. S/
This is unpossible, because, because REASONS, and stuff.
Russia let it flow...prices went down and they're doing just fine.
If only Brandon would catch on. His climate change policy has hurt everyone...and he says it's a good thing.
As Joe said ... sanctions don’t work ... so why bother Joe?
Just another example how Biden provides aid and comfort to the enemy. (Enemy according to every Democrat and neo-con RINOs). Russian oligarchs are getting extremely rich off of high oil prices. I guess that is how things work in Russia and America. Look at who gets extremely rich in America due to endless wars run by woke generals. Meanwhile, hardworking Americans get screwed.
So this is why Putin’s switched from he ‘might nuke London’ to he’s gonna nuke the US?
Figures.
I’ll bet the EU isn’t paying their share of the war either.
“So this is why Putin’s switched from he ‘might nuke London’ to he’s gonna nuke the US?”
Can you cite a time/place actual Putin quote, or are you just repeating deep state intel agency/MSM propaganda from the same gang that lied to us about Iraqi WMDs, the Trump/Russia Collusion hoax, the totally legit 2020 election, etc etc?
$40B is 20% of the Ukrainian annual GDP WITHOUT having their infrastructure destroyed.
Ruble looks pretty strong these days. Must be due to the sky-high price of oil that we’ve created for Russia.
“If we were still producing oil and natural gas, our economy would be going strong, we would be shipping lots of it to the EU and Russia would be economically crippled.”
Non-starter with the bunch we have in the White House, also building up our military is a non-starter (even though Jimmy Carter did both in response to Afghanistan).
Would have been better off doing NOTHING about Ukraine.
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