The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 27159
Likes: 34521


Then don’t drive your car if it bothers you that much.


Or buy an electric car.

Oil supplies are fungible internationally. Supplies in the US dropped precipitously during the Trump Admin. Not due to any of their policies or Biden’s. Because the price fell off a cliff and much of domestic production became uneconomic. That’s an expensive switch to turn off, and back on again.

Even with that reality the US is the largest worldwide producer by a significant margin. But Russia happens to be #2, and has been described as a gas station masquerading as a country. We do have allies who depend on Russia as a primary supplier, but we’re not one of them.

As long as oil remains the primary way we power our lives, Russia, along with other pariahs like Venezuela, Saudi Arabia, and even Iran will continue to support themselves with their one commodity of value. One commodity economies tend to become dysfunctional and ultimately pariahs, like all 3 of those. If you’d like to cut that financial spigot off, we’ll have to hammer the value of the oil they depend on, because the US can’t become the world’s gas station.

(In response to this post by FrankGallagher)

Posted: 03/02/2022 at 08:36AM



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Current Thread:
 
  
Joe Biden: "Buy American (except for Russian oil)" ** -- FrankGallagher 03/02/2022 07:18AM
  Some countries are doing bans correctly -- WahooMatt05 03/02/2022 07:53AM
  Are you proposing to raise gas prices? ** -- WahooMatt05 03/02/2022 07:38AM
  Yes ** -- GoochlandHoo 03/02/2022 08:06AM
  Every time you fill up your car ..,, -- FrankGallagher 03/02/2022 07:58AM
  They are heading up regardless of Joe's actions ** -- Tuckahokie 03/02/2022 07:54AM

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