Oil Price Increases After Biden Shuts Down Drilling Permits Again

[Fernando]

Not at all U.S. And NATO Economic Sanctions created inflation not Putin. Our plan was a self inflicted economic head shot and not thought out very well.

Death blow sanctions should have been applied by Obama when Russian invaded Crimea.
Biden is strong leader in taking a strong response which may cost him the Presidency.
I and future generations will see in the long run, the sanctions cost Putin and Russia lost in prestige and world stage. Turning point of world order.

 

[glenn walker]

Not at all U.S. And NATO Economic Sanctions created inflation not Putin. Our plan was a self inflicted economic head shot and not thought out very well.

The reality of sanctions on Russia is that they invited retaliation. Putin is free to freeze Europe this winter. He has slashed supply from major pipelines such as Nord Stream 1 by up to 80%. World oil prices have surged and eastern Europe’s flow of wheat and other foodstuffs to Africa and Asia has been all but suspended.

 

[Fernando]

The reality of sanctions on Russia is that they invited retaliation. Putin is free to freeze Europe this winter. He has slashed supply from major pipelines such as Nord Stream 1 by up to 80%. World oil prices have surged and eastern Europe’s flow of wheat and other foodstuffs to Africa and Asia has been all but suspended.

Putin has been dangerous since he'd been in office.
His Ukraine invasion is final straw and excuse for US and NATO to rally the people to sanction Putin out of office. Putin must go.

 

[glenn walker]

Death blow sanctions should have been applied by Obama when Russian invaded Crimea.
Biden is strong leader in taking a strong response which may cost him the Presidency.
I and future generations will see in the long run, the sanctions cost Putin and Russia lost in prestige and world stage. Turning point of world order.

Putin has been dangerous since he'd been in office.
His Ukraine invasion is final straw and excuse for US and NATO to rally the people to sanction Putin out of office. Putin must go.

You can have emotional tantrums but the sanctions are not working, in fact there helping him and hurting both the U.S and NATO economies. Russia has never been a big exporter anyway , except oil, gas, minerals and grains. We just made them richer and what they do need is available from China, Vietnam, N Korea , Iran, Turkey and Middle Eastern Countries.

 

[Fernando]

You can have emotional tantrums but the sanctions are not working, in fact there helping him and hurting both the U.S and NATO economies. Russia has never been a big exporter anyway , except oil, gas, minerals and grains. We just made them richer and what they do need is available from China, Vietnam, N Korea , Iran, Turkey and Middle Eastern Countries.

One of the motivations to go Green was to break Russia's economy since oil is all Russia has to sell to the world.
That and along will sanctions will devastate Russia to a 3rd world country with few things to sell to the world.

 

[Dublin ohio]

One of the motivations to go Green was to break Russia's economy since oil is all Russia has to sell to the world

Where did you come up with that. Going green has done the exact opposite.

 

[glenn walker]

One of the motivations to go Green was to break Russia's economy since oil is all Russia has to sell to the world.
That and along will sanctions will devastate Russia to a 3rd world country with few things to sell to the world.

Please Stop we are not going green for 20 plus years . Now Europe is using more Oil, Gas and Coal then ever before. China and 75% of the rest of the World are not going green anytime soon. This rhetoric about how we are going to turn them into a 3rd world country is non-sense, they dont have a million people a year flooding their borders, with people coming from Third World South American Countries. You watch too much CNN

 

[glenn walker]

Where did you come up with that. Going green has done the exact opposite.

And he says he has a MBA : ) LMAO

 

[glenn walker]

How International Economic Sanctions Harm the Environment and Set Back going Green by up to 15 years or more.​

• Economic sanctions are associated with negative environmental impacts
• Sanctions increase the natural resource dependency of the economy of the sanctioned states
• The environmental impacts of sanctions have major health, human rights, and justice implications that require serious attention
• By targeting the economy of a sanctioned state, sanctions are used to force the sanctioned state's policy makers to change their actions. But the impacts of economic sanctions on a country can go beyond its economic sector and cause significant collateral damages to ordinary citizens and their economic welfare. Economic sanctions are also associated with significant unintended environmental impacts that have major health, justice, and human rights implications. This study explains how the current economic sanctioning schemes turn the environmental sector into an inevitable victim of the battle between the sanctioning states, seeking behavioral change through economic pressure, and the sanctioned state, determined to pursue its so-called “abnormal” plans at the expense of causing damages to its natural resources.

 

[Terrel L. Shields]

The FED is independent and is responsible for controlling inflation.

The FED is about as independent as choices for the Supreme Court. They bend to political pressure as readily as any other political hack. I predicted that the FED would raise rates but the pain will get so bad, they will back off in order to keep jobs up.

Speaking of which - the "unemployment rate" is a joke. If you hold 2 jobs you are counted twice. If you quit looking for work or don't draw unemployment you are not counted in that rate. And as the population has increased, the number of people EMPLOYED (not unemployment rate) has fallen. So what has happened to those people? They all die of Covid - nope they are not counted as employable thus making the "unemployment rate" a lower figure than the reality is. We are employing over 1,000,000 less people than pre-pandemic. And recent numbers are seeing a decline while the trend under Trump was higher and higher employment... We are very likely to see that employment number continue to drop during the year and all this nonsense about millions of available jobs is BS and that will evaporate when the economy slows and the zombie companies file bankruptcy.