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re: The irony of funding Ukraine is that the conflict is keeping oil prices high.

Posted on 2/23/24 at 9:32 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35745 posts
Posted on 2/23/24 at 9:32 pm to
quote:

How's Russia's currency doing compared to ours?



Pretty fricking shitty.
Posted by Monty Brewster
Member since Feb 2024
232 posts
Posted on 2/23/24 at 9:34 pm to
quote:

The Green New Deal type policies out of this administration is the remaining 90%.


Russia salivates. 2 year investigation revealed no collusion. And still, a vote for Trump is “a vote for Putin”
Posted by cwill
Member since Jan 2005
54754 posts
Posted on 2/23/24 at 9:35 pm to
quote:

Huh? What facts are these? Please tell me where all the jet fuel the world consumes comes from. How's Russia's currency doing compared to ours?


Oil price is lower post sanctions, Russia is selling oil at a discount to that lower price.

quote:

How's Russia's currency doing compared to ours?


The ruble is an irrelevant currency.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35745 posts
Posted on 2/23/24 at 9:40 pm to
quote:

Relative to what? Definitely not relative to the money everyday folks have in their pockets.


Relative to historical averages and/or other notable periods in recent US history.

It's not the cheapest it's ever been, but it's really not that expensive given the fact that dollars are worth so much less vs 2020.

Btw some of yall fricking bitch about gas prices no matter where they are. There were people bitching even when it was all the way down to in the mid 2's last year.
This post was edited on 2/23/24 at 9:46 pm
Posted by davyjones
NELA
Member since Feb 2019
30546 posts
Posted on 2/23/24 at 9:48 pm to
I’d be fine with whatever the price of gas could possibly be right now if it weren’t for everything else being double what it was during the Trump administration. All that added up, yes, lots of reason to bitch.
Posted by loogaroo
Welsh
Member since Dec 2005
31643 posts
Posted on 2/23/24 at 9:56 pm to
quote:

Oil price is lower post sanctions, Russia is selling oil at a discount to that lower price.


It would be lower without the sanctions.
Sanctions are financing Russia and their war with Ukraine.
This post was edited on 2/23/24 at 10:00 pm
Posted by cwill
Member since Jan 2005
54754 posts
Posted on 2/23/24 at 10:01 pm to
quote:

It would be lower without the sanctions.


How? It’s in the market. There’s no oil missing from the market. In fact, there’s now a discounted tranche of cheaper oil in the market.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35745 posts
Posted on 2/23/24 at 10:14 pm to
quote:

How? It’s in the market. There’s no oil missing from the market. In fact, there’s now a discounted tranche of cheaper oil in the market.


I hope this baw isn't in a downstream trading/planning dept. Dude doesn't know up from down.
Posted by HooDooWitch
TD Bronze member
Member since Sep 2009
10302 posts
Posted on 2/23/24 at 10:18 pm to
quote:

Everything this administration does furthers global conflict

I can't tell if you're waking up, or still in the fog?
Posted by BigoBoys
Arizona
Member since Aug 2019
594 posts
Posted on 2/23/24 at 10:23 pm to
Nope,Joe Biden is responsible for the high gas prices.
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