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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 4:32 pm to Powerman
Posted on 2/23/24 at 4:32 pm to Powerman
Cheap compared to what? Bidens's first 3 years in office?
The price for a barrel of oil more than doubled between 2020 and 2022, from an average of $44.28 to $94.90.
But yeah, definitely getting it cheaper now.
The price for a barrel of oil more than doubled between 2020 and 2022, from an average of $44.28 to $94.90.
But yeah, definitely getting it cheaper now.
4
Posted on 2/23/24 at 4:37 pm to PaperTiger
quote:
The price for a barrel of oil more than doubled between 2020 and 2022, from an average of $44.28 to $94.90.
They rushed in here and showed how ignorant and politically blinded they are. They have no clue what is happening globally and how everything this administration is doing is helping Russia and China while screwing us.
Posted on 2/23/24 at 4:48 pm to PaperTiger
quote:
The price for a barrel of oil more than doubled between 2020 and 2022
So before the sanctions were imposed? shite by the sounds of it, the russian sanctions made oil cheaper. Since the sanctions were imposed, the price of oil is down 36% following the initial spike, in real terms.
Posted on 2/23/24 at 5:05 pm to PaperTiger
quote:
The price for a barrel of oil more than doubled between 2020 and 2022, from an average of $44.28 to $94.90.
But yeah, definitely getting it cheaper now.
I guess Biden should order up another pandemic or beg the Saudis to flood the oil markets and wipe out another 3rd of the domestic oil industry.
Posted on 2/23/24 at 8:16 pm to PaperTiger
quote:
The price for a barrel of oil more than doubled between 2020 and 2022, from an average of $44.28 to $94.90.
Was demand the same in 2020 as it was in 2022? Did something happen in 2020 to curtail demand?
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