Posted on 02/20/2024 11:51:02 AM PST by ding_dong_daddy_from_dumas
It certainly is hypocrisy
Good question!
Why not sanctions over China’s gulags and forced slavery?
“US to impose ‘major sanctions’ on Russia over Navalny death”
Any word of imposing ‘major sanctions’ on the Ukrainian government for killing AMERICAN Gonzalo Lira?
...I didn’t think so.
It’s a feature, not a bug.
Supposedly the NYT published Navalny's last letters, in which he criticized Trump. As you know, NYT has a paywall. I am looking for another source for these letters.
PBS is hard spinning the Russian dissident storyline today.
This is Propaganda for $Billions for Ukraine vs. Russia-Russia-Russia, and (10% for the Big UniParty, of course!!!).
If Ukraine doesn’t get more $Billions, it won’t be able to pay it’s Pensioners, while Americans are homeless...
And why weren’t these already on? Wasnt apart of one of the nine packages? Still you need 60 billion every few months to “stop” them. They take us all for fools.
It’s hard to find anything on the web about this that is not dripping with bias.
That there are any sanctions left to impose that have not already been imposed, tells us that the administration has never been serious about helping Ukraine to fight Russia.
Just like Epstein was a CIA asset ALSO ending up DEAD when in prison!! Our government has become extremely evil, turning over other governments around the world, creating wars around the world, these are UNELECTED bureaucrats creating chaos world wide and interfering in THEIR elections, assassinating their leaders and inflicting what WE THINK is best for them!! OUR government has been working against Israel for YEARS NOW, starting with the BASTARD MARXIST, MUSLIM Obama!! Now Obama running the country for his 3rd term due to the INSTALLED POTUS Biden because they KNEW he wouldn’t KNOW what the hell he was doing from the get go!!
perfect. :)
“I have read that Russia sells oil to India. India then refines the oil. The the U.S. buys the oil on the open market. It that is true, then, how is that sanction working?”
Profits are higher on refined products, than they are on crude oil.
The relative advantage changes with the price of oil (which swings widely over time), but refined products are almost always much more profitable, per barrel.
Before the current invasion, (2021), Russia made more profit in total on refined products, than they did from crude oil sales.
Refineries also employ people domestically, add demand to local supply chains, and pay taxes at the State and Local level; that are lost when the business moves to other countries.
Although it is true that India (and China, and the UAE) are re-exporting refined products made from Russian crude, the USA buys little (if any) of it. They do sell it, just not here - our own refinery capacity is cost competitive.
In addition to a reduction in refinery profits, sanctions have made Russian crude oil exports less profitable, by increasing costs and decreasing price. What used to be a round trip to Amsterdam in a week, now takes a month to get to China, and requires ship to ship transfers at sea. Insurance costs are up, the discount on the price of Russian Urals grade crude (the bulk of their exports) relative to the Brent benchmark, has widened about $10-15 per barrel since sanctions, and smuggler middlemen, like Putin’s mafia cronies, are taking a bigger skim.
Unlike crude oil, where exports were mostly tanker based (easily redirected), Russian natural gas exports were overwhelmingly through pipeline to Europe (85% of total exports in 2021). The great bulk of that has been lost already, due to sanctions (most of the rest is slated to be shut off at the end of this year). There just is not the physical infrastructure to move the great bulk (~90%) of that product to other customers.
Even though the much smaller natural gas exports from Sakhalin, through the Power of Siberia pipeline to China, and Arctic LNG continue, most of Russia’s natural gas exports - a major industry of Russia, that took over 75 years to build - have been lost due to sanctions over the invasion of Ukraine. Europe has already constructed and activated new infrastructure capacity to more than replace the amount that it used to import from Russia before the invasion, and they have signed several long term (10-20 year) contracts with other suppliers (big winners have been the USA, Norway, Qatar and Algeria).
In total, profits from hydrocarbon exports (oil, refined products and Natural Gas), declined about 2/3rds from 2021 levels, as reported by Russia’s own Ministry of Finance.
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