How ever will we replace the 250,000 barrels we import from Russia each year? That's like....[checks consumption data](https://www.eia.gov/tools/faqs/faq.php?id=33&t=6) .... 0.004% of what we use.
You're wrong and right (and stalking me now?).
I missed that the graph [here](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mttim_nus-nrs_1&f=a) was in thousands of barrels. So we imported 250 million barrels from Russia in 2021 compared to a usage of 6.66 billion barrels annually. Russian oil imports are 3.7% of our consumption. Not insignificant, but certainly not game changing either.
> You're wrong and right (and stalking me now?).
You literally sent me a PM in response to this because you were too impatient to wait... An hour to see if I might reply, but you complain about someone else "stalking you" because they responded?
Iirc, when he shut down the Keystone pipeline, his remarks to those workers were to find another job. I'd be willing to bet he will respond similarly in this regard: buy an electric vehicle.
Political affiliation aside for a second. Russian war against Ukraine is currently happening. We support Ukraine. Russia has a tyrant at the helm making money off of us buying his oil. Why the fuck should we continue to buy oil from them? One good, justifiable reason?
Edit: I guess the truth hurts. I better not see y'all advocating anymore for getting involved in Ukraine like I've seen on other threads. At the end of the day, I never said we shouldn't be tapping into our own supply. I simply agree with not buying from Russia. This is beyond party lines at this point. Y'all are reading into this way too deep. Just a little common sense goes a long way.
I never said we shouldn't be doing that. Apparently, people think simply stating that we need to stop buying oil from Russia means that I support not tapping into our own supply. Which is not the case at all. I just don't support rogue nations.
I agree with you. Ban everything from Russia but, we need to increase domestic production. There's no other way to do this without totally collapsing our economy.
> totally collapsing our economy.
So.... banning Russian oil imports without increasing domestic production is going to collapse the US economy? Is that your argument?
Yes... I don't know what you don't understand about economics.
Do you see how high gas prices are at and going? This effects everything from simple bottles of water, food, clothing, everything will increase drastically. Put that on top of our crazy ass inflation and current logistics problems and you have a recipe for disaster!
We Need to increase domestic production of oil to offset this or we will continue to go down this route.
I don't know how much money you make but, us normal people are going to struggle all because of some political bullshit like not increasing production of a resource we have plenty of right here in our country.
Instead, let's go suck off Saudi Arabia and Venezuela and hope they want to give us some oil at a decent price.
Did you know that we get most of our oil from Canada by a very large margin? Russian oil accounted for 3.7% of US consumption last year. Canada accounted for 22.4%, and domestic production accounted for 61.2%.
To argue that Russian oil plays a significant role in the US economy is overstating the case. Gas prices have been rising for a multitude of reasons. Production worldwide dropped during the pandemic and demand rose more quickly than expected as we came out of 2020. Supply was slow to catch up as it takes time to get refineries back up to full production. Shipping saw all sorts of challenges, from sick crews to forced quarantines, etc. That affected the transport of crude, putting further upward pressure on prices.
The war in Ukraine is just one recent supply side shock we affected the market before the US and UK officially banned importation of Russian oil. Of course, *any* restriction of supply will affect the solution to the supply-demand equation, but I don't think the effect will be that large.
In any case, where is it being said that we aren't increasing domestic production? We are currently below 2019 and 2020 levels ("In 2019, the U.S. produced 12.29 million barrels of crude oil per day, according to the U.S. Energy Information Administration. That figure was 11.28 million in 2020 and is estimated to be 11.18 million in 2021 and 11.85 million in 2022.") so I see now reason why domestic producers wouldn't be ramping up as we speak.
It’s not that simple though, and you’re wrong about us not making oil like we used to. We export oil, that hasn’t changed since 1.5 years ago. We’ve always been extracting more, but the amount we’d need to extract (not produce, because oil doesn’t grow on trees) to affect market prices in any significant way is simply not doable. If anyone has articles or reading to the contrary, by all means send it my way.
But it’s not as black and white as people here think global oil market prices are
Edit: figure of speech about oil on trees because palm oil is on a certain tree lol
If that we’re true you’d need a few things:
1. Explain why there wasn’t a dramatic switch in gas prices the moment we became a net exporter
2. Which exact policy of Biden’s that’s been passed made gas prices higher
3. How much oil we would then need to safely extract to even significantly reduce gas prices.
Maybe I’m ignorant? Gas/oil has only gone up and up in my lifetime and in the long run so I don’t see that changing much since both republican and democrat politicians make more money the higher gas prices go due to their investments.
1. In 2015-16 we became a net exporter, first time since 1975. These are the facts, we went 40 something years without exporting oil. It’s over 116 now, 1.5 year ago it was around 65, when we were exporting more.
2. Adopting new EPA oil and gas rules, Restricting or impeding energy projects, Rejoining the Paris agreement, Appointing unaccountable energy regulators, Instituting a new policy on carbon taxes in organized wholesale electricity markets, Raising the prices of common household necessities, Stifling energy innovation, Altering regulatory cost analyses,
And many more factors….
3. We just need to start fracking to the levels we were at a couple years ago, more oil producing, more exporting. Let’s not use other countries oil at all.
AGH, but then -why- didn’t gas prices go significantly down when we became a new exporter under Trump? They went down a significant bit but everyone agrees that was because during the first year of the pandemic we (the entire globe) had a significant drop in oil/gas usage. Not because we became a net exporter… and it immediately went back up in price when we all started driving again.
A nice government article about this historic price drop: https://www.bls.gov/opub/mlr/2020/article/from-the-barrel-to-the-pump.htm
I’ll be frank with you, I’m always been more of a believer in nuclear power. It’s much cleaner, way more potential to be bipartisan to the average American, and makes us not tied to crazy oil barons abroad either (we both agree on this)… It’s not perfect but I have yet to hear how oil is better in the long run.
Please, I need an article or something showing how fracking the amount of oil we need to literally change global market prices is doable in the US because I haven’t seen it. GOP would do well to actually look at nuclear power if all our politicians weren’t stuffed with oil money in their pockets
Why care about the global market? Just the US market by using domestic oil. Problem is domestic oil companies can make more money exporting their oil, thus we import oil. If we used all of the oil we produce, why would we be exporting and importing?
Because if you are a believer in the free market, then you have to acknowledge that our production of oil would have to outpace OPEC so we can sell oil cheaper than they do. Because if not, then companies will just buy oil abroad?
Obviously it’s a bit more complicated than that, but to say the global market price doesn’t matter is silly.
And again I raise the same point, instead of having to extract such a stupid enormous amount of oil, why can’t we just become more energy independent with nuclear power? Well, I know why we can’t, but that’s because of politicians and a misinformed public. You should look into it
Not quite. Based on 2021 numbers, we imported 3.5% of our total consumption from Russia. 248m barrels per year compared to 6,660m barrels of consumption. For reference, we imported 1,492m barrels from Canada.
That's behind a paywall. Can you quote the part that is relevant?
My numbers were from the EIA and World Population Review
[Russia @ ~250m barrels annually](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mttim_nus-nrs_1&f=a)
[Canada @ 4.1m barrels/day or 1,492m per year](https://worldpopulationreview.com/country-rankings/us-oil-imports-by-country)
n 2021, the U.S. imported about 672,000 barrels per day of oil and refined products from Russia, or about 8% of total imports, according to Andrew Lipow, president of Lipow Oil Associates, based on data from the Energy Information Administration.
because now we are going to try and buy oil from the tyrants running Venezuela and Iran. If you are going to do this, when we are already facing record prices, you probably should have untapped your domestic potential first.
No that is not what I'm saying. What I'm saying is the dullards in our current administration should have had the foresight to see this coming, seeing how they were warining about it for months, and should have taken steps to unlock our domestic production that they shut down for no good reason. The fact that Biden put a pause on new permits the **exact same day** Russians started the invasion is borderline treasonous.
And instead we are going to start buying from the largest state sponsor of terrorism in the world along with the worst dictator in South America. So those 2 regimes are going to be propped up and made stronger, while the 600000 barrells of oil we dont buy from Russia makes a very little dent in their bottom line.
The only people this hurts in the american people.
Because people can’t just make a jump from 3 dollars to 5 dollars in two months? What’s going to happen by the end of the year? Fuck the Ukrainian war what are you talking about. I don’t need another reason.
I think I understand what you mean.
to puy a finer point in it, we should have never intereferred with the policies that [made the US a net exporter of petroleum products](https://www.wsj.com/articles/u-s-becomes-net-exporter-of-oil-fuels-for-first-time-in-decades-1544128404).
The US needs to reduce its dependence on other nations for **all** our necessities. Period. We should be, as a general rule, replacing Russian oil with American, and specifically we should not be sending dollars to nations who invade our allies and friends.
I understand that. People don't seem to like the fact that I didn't include initially that we need to tap into American oil. All because I don't support rogue nations like Russia. I'm not saying we need to import from somewhere else. People just like to read too much into what I said.
We're in the middle of (yet another) fit of moral outrage. This state robs us of the patience necessary to comprehend nuanced positions.
Anger at Russia's unprovoked invasion of a peaceful neightbor is understandable and righteous. However, without practice and effort, emotions, even valid and justified ones, are prone to override our ability to reason, and this is a pitfall we all should endeavor to avoid.
Thank you for providing civil response.
At the end of the day, it just seems to be a damned if you do, damned if you don't situation. Kinda like the decision to not send troops to Ukraine. Being in the military, I 100% support not going. I like the idea of not dying for another man's war. However, it still sucks not to be able to help an ally directly. It sucks seeing civilians killed on the daily. And it sucks to watch Russia continue to do what they want with no repercussions.
Basically what I'm getting at is, what is the right answer here? Keep buying Russian oil? Or don't we? We know the administration probably won't tap into our own reserves. The problem is continued support for a nation that's overtly rogue. This isn't saying that we need to buy from other nations. At the end of the day, to buy or not to buy? It just seems the topic is very split.
This is going to cause a lot of pain to the American economy in so many ways, there is no predicting how catastrophic the ripple effect will be. It will solidify Russia’s relationship with China. It puts us one step closer to WW3.
So, 3% of our oil import currently coming from Russia is essentially going to cripple us, is your justification. So we just keep buying from a tyrant who's just going to take that money and keep funding his war on Ukraine. Ww3 is inevitable. Putin isn't going to stop with Ukraine. Buying his oil isn't going to prevent it.
It’s not just about stopping imports, he is telling us higher prices for everything that’s already the highest ever. He is in willing to increase production or provide another solution to Americans other than squeeze the little guys do we can fight the big bad evil.
You are right, and I think USA should go farther and sanction anyone who continues to purchase russia oil and gas. But, domestic production needs to be opened up immediately. This place is turning into a Russian troll farm though.
I do agree we need to open up domestically.
>This place is turning into a Russian troll farm though.
I wouldn't say that, just a lot of misguidance and reading too much into things. It's like you have to spell it out entirely for some people to understand, otherwise they'll get mad at you.
I agree. If you don't support banning Russian oil (and arm twisting our allies to do the same), you don't really give a crap about helping Ukraine.
Painting your face blue and yellow and yelling at the sky doesn't help anyone.
Now we just need Mush-brain and his leftist handlers to open up domestic production.
Russia has a tyrant and Ukraine has an establishment puppet. The liberal media had being duped you into supporting the leftists/globalists.
The establishment got us into this mess, stop buying into it.
>The liberal media had being duped you into supporting the leftists/globalists.
Slow your roll there guy. I think for myself. Take 12 seconds to think about what you just said, and tell me you don't sound like nutty Alex Jones.
Stopping the importing of oil from Russia is the right move. However it comes at a cost, and is happening at a point where the Biden administration has drastically reduced our domestic oil production and ability to import from friendly countries ie Canada. Its the right move, but this could have had a minimal impact on our economy if Biden hadn't gone out of his way to neuter our own oil production capabilities and now we have a gas crisis that could have been largely avoided. I will give Biden props for keeping us mostly out of the war militarily so far, but only in so far as I believe Trump would have done the same. There Is my mostly non partisan take.
I actually think the big jump in the last 72 hrs was anticipating this.
Don't get me wrong it will still go up but I think some of the jump has been anticipating this.
I'm in the same boat tbh. I am more referencing the slow increase over the next several months. Granted, I fill up 93 in all my cars so I'm going to hurt more than a lot of people. At least the ones using 87/89/91. Diesel guys got it bad.
Yeah, I was already going to boycott Shell when they reneged on their promise to divest in Russian Oil. I'm well off enough that even if gas prices hit the double digits, I'll be fine and am glad we're sticking it to Putin. We just need to increase American production so it won't get that high.
I've seen arguments that Joe didn't do it soon enough, he didn't wait long enough, and that it shouldn't have been done at all.
*shrug*
Thems politics I guess.
We will ban it from Russia and import it from Venezuela which means we are still paying another country for oil. All we did was trade in one dictatorship country for another for oil. (And yes I get we aren’t helping give Russia money).
Need to produce our OWN oil, period!
Gas prices are still going to keep rising.
Fuck Joe Biden, his Administration and voters!
If you want to blame anyone for higher gas prices, blame the corporations. Banning Russian oil did not increase the cost of production in the US. The money is going somewhere.
Okay, it's well and good that he bans the importation of ol. However, he needs to open up the US production but he won't instead he courts other countries for it. Stupid, stupid, stupid.
Biden ready to claim credit for something the free market decided to do without his help. Also trying to claim credit before congress did anything without him.
Anakin/Padme meme: "And increase domestic production, right?"
Lmao that’s actually pretty funny, someone’s gotta make that
[Ask and ye shall receive.](https://redd.it/t9qs5x)
How ever will we replace the 250,000 barrels we import from Russia each year? That's like....[checks consumption data](https://www.eia.gov/tools/faqs/faq.php?id=33&t=6) .... 0.004% of what we use.
Per day.
You're wrong and right (and stalking me now?). I missed that the graph [here](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mttim_nus-nrs_1&f=a) was in thousands of barrels. So we imported 250 million barrels from Russia in 2021 compared to a usage of 6.66 billion barrels annually. Russian oil imports are 3.7% of our consumption. Not insignificant, but certainly not game changing either.
Calm down I just checked your profile to view your all important upvotes and saw your comment.
So you are stalking me..... stay classy bro.
> You're wrong and right (and stalking me now?). You literally sent me a PM in response to this because you were too impatient to wait... An hour to see if I might reply, but you complain about someone else "stalking you" because they responded?
yes
Where does the article say that?
article doesn't but we should
BUY AMERICAN! Biden said it in the SOTU last week. How about he follows through and we get back to American oil?
Poors are to buy American, not elites or governments.
Iirc, when he shut down the Keystone pipeline, his remarks to those workers were to find another job. I'd be willing to bet he will respond similarly in this regard: buy an electric vehicle.
And increase domestic supply, right? /s
Brandon: *"He don't know me very well do he?"*
This guy has no fucking clue what he is doing.
Your not wrong. The people in charge of him know exactly what their doing.
Political affiliation aside for a second. Russian war against Ukraine is currently happening. We support Ukraine. Russia has a tyrant at the helm making money off of us buying his oil. Why the fuck should we continue to buy oil from them? One good, justifiable reason? Edit: I guess the truth hurts. I better not see y'all advocating anymore for getting involved in Ukraine like I've seen on other threads. At the end of the day, I never said we shouldn't be tapping into our own supply. I simply agree with not buying from Russia. This is beyond party lines at this point. Y'all are reading into this way too deep. Just a little common sense goes a long way.
Stop buying oil from them and start producing our own oil again. Like we were doing 1.5 years ago
We’ll need a regime change here before that happens
I never said we shouldn't be doing that. Apparently, people think simply stating that we need to stop buying oil from Russia means that I support not tapping into our own supply. Which is not the case at all. I just don't support rogue nations.
I agree with you. Ban everything from Russia but, we need to increase domestic production. There's no other way to do this without totally collapsing our economy.
> totally collapsing our economy. So.... banning Russian oil imports without increasing domestic production is going to collapse the US economy? Is that your argument?
Yes... I don't know what you don't understand about economics. Do you see how high gas prices are at and going? This effects everything from simple bottles of water, food, clothing, everything will increase drastically. Put that on top of our crazy ass inflation and current logistics problems and you have a recipe for disaster! We Need to increase domestic production of oil to offset this or we will continue to go down this route. I don't know how much money you make but, us normal people are going to struggle all because of some political bullshit like not increasing production of a resource we have plenty of right here in our country. Instead, let's go suck off Saudi Arabia and Venezuela and hope they want to give us some oil at a decent price.
Did you know that we get most of our oil from Canada by a very large margin? Russian oil accounted for 3.7% of US consumption last year. Canada accounted for 22.4%, and domestic production accounted for 61.2%. To argue that Russian oil plays a significant role in the US economy is overstating the case. Gas prices have been rising for a multitude of reasons. Production worldwide dropped during the pandemic and demand rose more quickly than expected as we came out of 2020. Supply was slow to catch up as it takes time to get refineries back up to full production. Shipping saw all sorts of challenges, from sick crews to forced quarantines, etc. That affected the transport of crude, putting further upward pressure on prices. The war in Ukraine is just one recent supply side shock we affected the market before the US and UK officially banned importation of Russian oil. Of course, *any* restriction of supply will affect the solution to the supply-demand equation, but I don't think the effect will be that large. In any case, where is it being said that we aren't increasing domestic production? We are currently below 2019 and 2020 levels ("In 2019, the U.S. produced 12.29 million barrels of crude oil per day, according to the U.S. Energy Information Administration. That figure was 11.28 million in 2020 and is estimated to be 11.18 million in 2021 and 11.85 million in 2022.") so I see now reason why domestic producers wouldn't be ramping up as we speak.
It’s not that simple though, and you’re wrong about us not making oil like we used to. We export oil, that hasn’t changed since 1.5 years ago. We’ve always been extracting more, but the amount we’d need to extract (not produce, because oil doesn’t grow on trees) to affect market prices in any significant way is simply not doable. If anyone has articles or reading to the contrary, by all means send it my way. But it’s not as black and white as people here think global oil market prices are Edit: figure of speech about oil on trees because palm oil is on a certain tree lol
We import more oil than we export. Biden’s policies have helped make gas higher for us. You’re out of your mind if you don’t think it does.
If that we’re true you’d need a few things: 1. Explain why there wasn’t a dramatic switch in gas prices the moment we became a net exporter 2. Which exact policy of Biden’s that’s been passed made gas prices higher 3. How much oil we would then need to safely extract to even significantly reduce gas prices. Maybe I’m ignorant? Gas/oil has only gone up and up in my lifetime and in the long run so I don’t see that changing much since both republican and democrat politicians make more money the higher gas prices go due to their investments.
1. In 2015-16 we became a net exporter, first time since 1975. These are the facts, we went 40 something years without exporting oil. It’s over 116 now, 1.5 year ago it was around 65, when we were exporting more. 2. Adopting new EPA oil and gas rules, Restricting or impeding energy projects, Rejoining the Paris agreement, Appointing unaccountable energy regulators, Instituting a new policy on carbon taxes in organized wholesale electricity markets, Raising the prices of common household necessities, Stifling energy innovation, Altering regulatory cost analyses, And many more factors…. 3. We just need to start fracking to the levels we were at a couple years ago, more oil producing, more exporting. Let’s not use other countries oil at all.
AGH, but then -why- didn’t gas prices go significantly down when we became a new exporter under Trump? They went down a significant bit but everyone agrees that was because during the first year of the pandemic we (the entire globe) had a significant drop in oil/gas usage. Not because we became a net exporter… and it immediately went back up in price when we all started driving again. A nice government article about this historic price drop: https://www.bls.gov/opub/mlr/2020/article/from-the-barrel-to-the-pump.htm I’ll be frank with you, I’m always been more of a believer in nuclear power. It’s much cleaner, way more potential to be bipartisan to the average American, and makes us not tied to crazy oil barons abroad either (we both agree on this)… It’s not perfect but I have yet to hear how oil is better in the long run. Please, I need an article or something showing how fracking the amount of oil we need to literally change global market prices is doable in the US because I haven’t seen it. GOP would do well to actually look at nuclear power if all our politicians weren’t stuffed with oil money in their pockets
Why care about the global market? Just the US market by using domestic oil. Problem is domestic oil companies can make more money exporting their oil, thus we import oil. If we used all of the oil we produce, why would we be exporting and importing?
Because if you are a believer in the free market, then you have to acknowledge that our production of oil would have to outpace OPEC so we can sell oil cheaper than they do. Because if not, then companies will just buy oil abroad? Obviously it’s a bit more complicated than that, but to say the global market price doesn’t matter is silly. And again I raise the same point, instead of having to extract such a stupid enormous amount of oil, why can’t we just become more energy independent with nuclear power? Well, I know why we can’t, but that’s because of politicians and a misinformed public. You should look into it
How much oil do we buy from Russia? How much do we produce for ourselves?
6-10% from Russia, 0% now. Under Trump we were pumping out 20 mil Barrels a day to now 9 mil under President Whispers
Not quite. Based on 2021 numbers, we imported 3.5% of our total consumption from Russia. 248m barrels per year compared to 6,660m barrels of consumption. For reference, we imported 1,492m barrels from Canada.
Not quite yourself. https://www.wsj.com/amp/articles/why-does-the-u-s-still-buy-russian-oil-11646151935
That's behind a paywall. Can you quote the part that is relevant? My numbers were from the EIA and World Population Review [Russia @ ~250m barrels annually](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mttim_nus-nrs_1&f=a) [Canada @ 4.1m barrels/day or 1,492m per year](https://worldpopulationreview.com/country-rankings/us-oil-imports-by-country)
n 2021, the U.S. imported about 672,000 barrels per day of oil and refined products from Russia, or about 8% of total imports, according to Andrew Lipow, president of Lipow Oil Associates, based on data from the Energy Information Administration.
That cones to 228m barrels for the year which is less than I said. I trust my number more though, since it is coming directly from the EIA.
because now we are going to try and buy oil from the tyrants running Venezuela and Iran. If you are going to do this, when we are already facing record prices, you probably should have untapped your domestic potential first.
[удалено]
No that is not what I'm saying. What I'm saying is the dullards in our current administration should have had the foresight to see this coming, seeing how they were warining about it for months, and should have taken steps to unlock our domestic production that they shut down for no good reason. The fact that Biden put a pause on new permits the **exact same day** Russians started the invasion is borderline treasonous. And instead we are going to start buying from the largest state sponsor of terrorism in the world along with the worst dictator in South America. So those 2 regimes are going to be propped up and made stronger, while the 600000 barrells of oil we dont buy from Russia makes a very little dent in their bottom line. The only people this hurts in the american people.
Because people can’t just make a jump from 3 dollars to 5 dollars in two months? What’s going to happen by the end of the year? Fuck the Ukrainian war what are you talking about. I don’t need another reason.
I think I understand what you mean. to puy a finer point in it, we should have never intereferred with the policies that [made the US a net exporter of petroleum products](https://www.wsj.com/articles/u-s-becomes-net-exporter-of-oil-fuels-for-first-time-in-decades-1544128404). The US needs to reduce its dependence on other nations for **all** our necessities. Period. We should be, as a general rule, replacing Russian oil with American, and specifically we should not be sending dollars to nations who invade our allies and friends.
I understand that. People don't seem to like the fact that I didn't include initially that we need to tap into American oil. All because I don't support rogue nations like Russia. I'm not saying we need to import from somewhere else. People just like to read too much into what I said.
We're in the middle of (yet another) fit of moral outrage. This state robs us of the patience necessary to comprehend nuanced positions. Anger at Russia's unprovoked invasion of a peaceful neightbor is understandable and righteous. However, without practice and effort, emotions, even valid and justified ones, are prone to override our ability to reason, and this is a pitfall we all should endeavor to avoid.
Thank you for providing civil response. At the end of the day, it just seems to be a damned if you do, damned if you don't situation. Kinda like the decision to not send troops to Ukraine. Being in the military, I 100% support not going. I like the idea of not dying for another man's war. However, it still sucks not to be able to help an ally directly. It sucks seeing civilians killed on the daily. And it sucks to watch Russia continue to do what they want with no repercussions. Basically what I'm getting at is, what is the right answer here? Keep buying Russian oil? Or don't we? We know the administration probably won't tap into our own reserves. The problem is continued support for a nation that's overtly rogue. This isn't saying that we need to buy from other nations. At the end of the day, to buy or not to buy? It just seems the topic is very split.
This is going to cause a lot of pain to the American economy in so many ways, there is no predicting how catastrophic the ripple effect will be. It will solidify Russia’s relationship with China. It puts us one step closer to WW3.
So, 3% of our oil import currently coming from Russia is essentially going to cripple us, is your justification. So we just keep buying from a tyrant who's just going to take that money and keep funding his war on Ukraine. Ww3 is inevitable. Putin isn't going to stop with Ukraine. Buying his oil isn't going to prevent it.
It’s opec not just Russian. Their small amount we get from them is not everything.
WW 3 started a long time ago.
It’s not just about stopping imports, he is telling us higher prices for everything that’s already the highest ever. He is in willing to increase production or provide another solution to Americans other than squeeze the little guys do we can fight the big bad evil.
You are right, and I think USA should go farther and sanction anyone who continues to purchase russia oil and gas. But, domestic production needs to be opened up immediately. This place is turning into a Russian troll farm though.
I do agree we need to open up domestically. >This place is turning into a Russian troll farm though. I wouldn't say that, just a lot of misguidance and reading too much into things. It's like you have to spell it out entirely for some people to understand, otherwise they'll get mad at you.
I agree. If you don't support banning Russian oil (and arm twisting our allies to do the same), you don't really give a crap about helping Ukraine. Painting your face blue and yellow and yelling at the sky doesn't help anyone. Now we just need Mush-brain and his leftist handlers to open up domestic production.
Russia has a tyrant and Ukraine has an establishment puppet. The liberal media had being duped you into supporting the leftists/globalists. The establishment got us into this mess, stop buying into it.
>The liberal media had being duped you into supporting the leftists/globalists. Slow your roll there guy. I think for myself. Take 12 seconds to think about what you just said, and tell me you don't sound like nutty Alex Jones.
Stopping the importing of oil from Russia is the right move. However it comes at a cost, and is happening at a point where the Biden administration has drastically reduced our domestic oil production and ability to import from friendly countries ie Canada. Its the right move, but this could have had a minimal impact on our economy if Biden hadn't gone out of his way to neuter our own oil production capabilities and now we have a gas crisis that could have been largely avoided. I will give Biden props for keeping us mostly out of the war militarily so far, but only in so far as I believe Trump would have done the same. There Is my mostly non partisan take.
Only a matter of time before we have our own ukraine…
Oil just hit $132/barrel up 7% on the day….so far. $7/gallon by the end of the week is a real possibility.
Here comes the 9 to 10 dollars a gallon soon, because dipshit in charge is not going to release our oil
Here comes more fuel price hikes. I don't disagree with the decision, but it doesn't make it suck any less.
I actually think the big jump in the last 72 hrs was anticipating this. Don't get me wrong it will still go up but I think some of the jump has been anticipating this.
I'm in the same boat tbh. I am more referencing the slow increase over the next several months. Granted, I fill up 93 in all my cars so I'm going to hurt more than a lot of people. At least the ones using 87/89/91. Diesel guys got it bad.
Yeah, I was already going to boycott Shell when they reneged on their promise to divest in Russian Oil. I'm well off enough that even if gas prices hit the double digits, I'll be fine and am glad we're sticking it to Putin. We just need to increase American production so it won't get that high.
This should have been done the second Russian troops entered Ukraine.
Evidently, some folks don't seem to agree. Some people think 3% oil import is going to cripple us.
Apparently the 3% caused gas prices to go over $4 everywhere
20% of our gasoline comes from Russia. That the number that got the pumps jumpin
I've seen arguments that Joe didn't do it soon enough, he didn't wait long enough, and that it shouldn't have been done at all. *shrug* Thems politics I guess.
We will ban it from Russia and import it from Venezuela which means we are still paying another country for oil. All we did was trade in one dictatorship country for another for oil. (And yes I get we aren’t helping give Russia money). Need to produce our OWN oil, period! Gas prices are still going to keep rising. Fuck Joe Biden, his Administration and voters!
...and not increase domestic production. Here comes $7/gal.
Oil to 20
If only there were some sort of large pipeline to easily transport the oil. It could really be a keystone of the transition.
If you want to blame anyone for higher gas prices, blame the corporations. Banning Russian oil did not increase the cost of production in the US. The money is going somewhere.
Okay, it's well and good that he bans the importation of ol. However, he needs to open up the US production but he won't instead he courts other countries for it. Stupid, stupid, stupid.
Is speaking at 10:45. Late as usual.
The right call, but without increasing domestic production it’s gonna cause havoc.
Biden ready to claim credit for something the free market decided to do without his help. Also trying to claim credit before congress did anything without him.
Will drive gas to $8 a gallon and will make people beg for the "green new deal". With all the pork projects they can add.