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FFS America, you don't get it both ways. You should have come down ruthlessly on anyone trading with Russia. But you did it all limp wristed and weakly.
Get a grip, get those weapons to Ukraine because there will be no stopping Putin if Russia wins this. And your orange idiot will back him all the way.
tbf, leveling secondary sanctions on both China and India would probably burn the global economy to the ground, and wouldn't even accomplish the desired goal. They just don't need us if they all have each other. We're not as powerful as we pretend, unless you count our direct military capabilities.
I despise war, but if you gotta defend, destroying the enemy’s fuel supply is a great tactic. I am sure Ukraine is not exactly worried about global oil prices lmao
ffs, William Spaniel already made a video about this. Ukraine is only targeting Russian oil because the US is withholding military aid. There's no incentive for Ukraine to weaken its war efforts and keep oil prices low, if the US isn't going to give Ukraine anything in return. You can't go around complaining about the economic impact of a WAR.
Isn't it the republicans withholding aid to Ukraine? So bombing refineries would drive up prices, making Biden unpopular, increasing the likelihood of Trump getting elected which would make more aid even more unlikely? Or am I missing something? 🤔
Not bombing them allows Russia to make money though, so it seems both choices are bad ones here.
That's a good point. I hadn't considered that incentive. It's possible that maybe Ukraine will hold off on oil attacks until after the election, then.
provoking retaliation
wtf does this even mean? Russia is balls deep into ukraine destroying everything, short of nukes what else can they really do?
provoking retaliation
Fuck do they think Russia has been trying to do this whole time, send hugs?
The US should probably pass their lethal aid package if they want a seat at the table.
And then sit back and watch the refineries burn
And maybe start selling oil to Russia similar to what they did when they started selling gas to Europe during the last couple of years
Fuck that noise. As much of the oil refineries and all other Russian production capacity as possible must be destroyed
Ukraine still allows Russia to send gas through some of their pipelines. Trade is important.
But yeah, the US should really help and pay back some of the huge benefits they've received. Biden could send US troops to Kyiv and Lviv tomorrow if he cared.
I guess the point is that this might be counterproductive - the panic on the market may drive the oil price so that the overall it is positive to Russia’s war effort.
warning that the drone strikes risk ... provoking retaliation, according to three people familiar with the discussions.
Yeah, Russia might even start a war with Ukraine if they didn't stop! Could you imagine that?
warning that the drone strikes risk driving up global oil prices
Good. Where are those sanctions on anyone buying Russian oil anyway? You didn't hesitate when it was about trade with Iran.
and provoking retaliation,
From a country they are already in all out war with? What, so Russia was holding back until now? Only killing half the civilians and raping half the women they could have?
Fuck these people complaining about oil prices when people are fighting for their lives. Disgusting!
I'm definitely all for Biden being re-elected, but somebody got to tell him to shut the fuck up sometime.
Sounds like an oil corpo paid a bribe.
The only thing more dangerous than being the US's enemy, is being their ally.
The US reaps all the rewards from huge weapons and LNG exports, while refusing to send any troops or even further aid.
They're literally the only major economy with significant growth right now due to that, but offer nothing to help Ukraine or Europe.
They're ~~literally~~ the only major economy
You don't need the "literally".
offer nothing to help Ukraine or Europe.
Bullshit. You could have performed a simple search about your claims before posting that.
The Joe Biden administration and the U.S. Congress have directed about $75 billion in assistance to Ukraine, which includes humanitarian, financial, and military support, according to the Kiel Institute for the World Economy, a German research institute. (This figure does not include all war-related U.S. spending, such as aid to allies.) The historic sums are helping a broad set of Ukrainian people and institutions, including refugees, law enforcement, and independent radio broadcasters, though most of the aid has been military-related. Dozens of other countries, including most members of the North Atlantic Treaty Organization (NATO) and the European Union (EU), are also providing large aid packages to Ukraine.
My country's government is guilty of a lot of terrible things, but don't make things up, like every other shit-heel on the internet these days.
I'm curious how an oil refinery in Russia affects global oil prices in any significant way? I would imagine it would lower prices globally.
Don't refineries turn oil into fuel, like gasoline? To the best of my knowledge countries don't typically export gasoline, do they? I thought they exported crude.
Wouldn't being unable to refine crude, mean they need to export more crude, since they can't indefinitely store it, thus bring down oil prices? In the short-term, I wouldn't be surprised at an increase in global price due to news media/speculation, but long term effect, I could only imagine global crude price going down.
On the other hand, I would of course think local gas/fuel prices would skyrocket in Russia due to not being able to refine it.
I'm sure I'm very much wrong in my logic; if someone on the internet wouldn't mind correcting me with a proper explanation. Of course this is all based on refinery attacks, I didn't read this specific article, but I am not aware of oil rigs/oil extraction sites being attacked (that would clearly be a separate situation if it is happening).
Oil prices in this case is a broad term. Countries that can refine crude prefer to do so, as it makes a lot of money. At the end of the day, the normal person at the gast station doesn't care if the crude was cheaper or more expensive. They care about what they pay for gasoline.
More specific to the infrastructure often the oil is directly delivered to the refinery and only the refined products make it onto the market at all. So by cutting off the refinery also the oil exploration that comes before is cut off from the market.
Prices are determined based on supply and demand, so any event which decreases the global supply, even in sectors where most of the world was not being given market access, will drive the price up for everyone else.
This is why Biden has been approving drilling projects left and right while transitioning America off the stuff, America's prices are subsidized, but the world gets squeezed big time by supply fluctuations elsewhere, it's basically a spooky action at a distance way to try and subsidize global prices to artificially keep them low same as America's oil prices.
Dont mess with my dino juice
-America
But for reals, that's dumb ass hell.
