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

To: MinorityRepublican

the ruble is trading at a multi year high, oil/gas prices are elevated=Putin is prospering. The Dem doubling of the price of fuel before any invasion enabled this and the 2014 invasion. He funded the anti fracking movements for a reason.

The solution ofc is to flood the world with oil and watch him run home. Yet, I haven’t heard it mentioned not even one time.


26 posted on 03/10/2023 10:53:44 PM PST by Freest Republican (This space for rent)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Freest Republican

Oil prices are not elevated. They are in a prewar range. Oil (petroleum) is the main Russian export, by far.

https://oilprice.com/

Natural Gas prices are not global, as piped gas is a local resource. The best global price is for LNG, production and sales of which spiked due to the restrictions of Russian deliveries (in various ways).

This is also back at prewar levels, again after spiking in 2022.

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/lng/021623-weakening-lng-prices-spur-renewed-spot-demand-in-south-asia

Note that Russian gas sales to China are not a substitute market vs sales to Europe, as the source of the gas in each case (Europe and China) is different, widely separated gas basins.


41 posted on 03/10/2023 11:50:27 PM PST by buwaya (Strategic imperatives )
[ Post Reply | Private Reply | To 26 | 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