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To: canuck_conservative
BTW, these have no effect on US gas prices, since Russia does not export to the US

This statement is prim facia evidence that you are a neophyte who has no idea what he is talking about. The price of crude is set by supply & demand, production costs, and market sentiment. Now a country certainly has the right to undercut that price, but they rarely do so. When the do so, it's an indication that there is an oil glut in the marketplace.

What Determines Oil Prices?

11 posted on 04/05/2024 6:59:37 AM PDT by Robert DeLong
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To: Robert DeLong; Skywise; Starboard; wildcard_redneck

Then it’s all Putin’s fault.

There would be no war-induced shortages if Putin hadn’t started this war in the first place, right?


13 posted on 04/05/2024 7:03:45 AM PDT by canuck_conservative (NATO - now celebrating 75 successful years of keeping the Russian monsters out!!)
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