Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: elhombrelibre

I think I read somewhere recently that for each dollar per barrel that the price of oil drops it costs the Russians 1 billion per week. That really starts to add up when the price drops 40 bucks.


13 posted on 12/29/2014 12:34:53 PM PST by navyguy (The National Reset Button is pushed with the trigger finger.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: navyguy
I think I read somewhere recently that for each dollar per barrel that the price of oil drops it costs the Russians 1 billion per week.

You mean they produce a billion barrels of oil per week? That sounds awfully high.

18 posted on 12/29/2014 12:52:16 PM PST by Go Gordon (Barack McGreevey Obama)
[ Post Reply | Private Reply | To 13 | View Replies ]

To: navyguy

In the US, every $1 drop in WTI equals about 2 point 2 cents per gallon in gasoline.


30 posted on 12/29/2014 1:38:08 PM PST by Eric in the Ozarks (Rip it out by the roots.)
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson