—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?
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.
Ruble looks pretty strong these days. Must be due to the sky-high price of oil that we’ve created for Russia.
Really? Even with the Ukrainian Army led by the Ghost of Kyiv on the outskirts of St Petersburg?
The sanctions are really sanctions on Americans, not Russia.
“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”
By “pumped”, they mean delivered by pipeline. That makes up only about 1/4 of normal Russian oil sales to the EU. And there were no sanctions on that, during this time - so some customers stocked up a bit, because it was no secret that sanctions were coming.
“The (newly enacted) embargo applies only to seaborne crude and petroleum products, for now covering just 75% of imports from Russia.”
That other 3/4s has declined already, more than pipeline shipments have increased, and the whole of that 3/4s is now slated to stop entirely in the next 7 months or so.
Total Russian oil sales to the EU run between 3-4 million barrels per day, about half of Russia’s total exports. Last week’s agreed upon reductions will put an end to the bulk of that, by Christmas.
How much are we bringing in the back door?
And the pipeline runs through Ukraine. What a mess.
Plus billions of dollars are being laundered thru Ukraine to politicians in europe and the USA. Raining money to those corrupt people while thousands of others are being killed or maimed.