Putin Is Now Selling More Oil at Higher
Prices Than Before Joe Biden's Embargo
Red State,
by
Andrew Malcolm
Original Article
Posted By: Imright,
6/13/2022 10:55:42 AM
Joe Biden’s much-heralded international embargo of Russian oil purchases has flopped.Vladimir Putin is selling more oil to the world now than before his unprovoked invasion of Ukraine provoked Biden’s ineffective boycott.Not only that, but because of the economic and political uncertainty surrounding the Russian’s “special operation” and the mixed response of other countries, the global price of oil has surged about 30 percent.So, Putin is not only selling more oil because of his war. He’s also reaping much greater revenues at higher prices because of his war. Which provides far greater sums to finance the now prolonged fighting that Biden professes to oppose.
Reply 1 - Posted by:
john56 6/13/2022 11:05:59 AM (No. 1184512)
Maybe Sleepy Creepy Crooked President Uncle Joe should remove all his sanctions against Russia and Putin. That way, he might have LESS business than he is WITH the sanctions.
9 people like this.
Reply 2 - Posted by:
wilarrbie 6/13/2022 11:08:28 AM (No. 1184515)
Can we recall a US President?
12 people like this.
Reply 3 - Posted by:
Quigley 6/13/2022 11:12:52 AM (No. 1184520)
Schmoe started the war in a manner similar to how he finished the Afghanistan war.
In both cases living up to obumbum’s frank assessment of him. We can all use 66% less energy but still pay the same price!!
Why? I don’t know; I’m not a gas station attendant.
Won’t it be great when we quickly transition from oil and gas to something that does not yet exist ?
11 people like this.
Reply 4 - Posted by:
thomthomp 6/13/2022 11:43:06 AM (No. 1184546)
Russia growing wealthy and stronger and better able to attack American interests, all thanks to Biden policies. IMO, not an accident , not a misjudgment, but all part of the plan.
13 people like this.
Reply 5 - Posted by:
volksford 6/13/2022 12:10:03 PM (No. 1184568)
Biden couldn't pour pee out of a boot with the directions on the heel. World class screw up.
9 people like this.
Reply 6 - Posted by:
bad-hair 6/13/2022 12:16:48 PM (No. 1184578)
Never underestimate Joe Biden's ability to F things up.
9 people like this.
Reply 7 - Posted by:
mean Gene 6/13/2022 12:27:13 PM (No. 1184590)
This is a sideways blackmail payment from joe (because of his, Hunter's and his bro's corruption that Russia has video proof of.)
It is a feature of the Ukraine/Russia war, not a bug.
8 people like this.
Reply 8 - Posted by:
DVC 6/13/2022 12:28:48 PM (No. 1184594)
How much did they pay Hunter?
8 people like this.
Reply 9 - Posted by:
red1066 6/13/2022 1:00:41 PM (No. 1184638)
#2 I've been calling for a new presidential election well before 2024. Of course, the founders never envisioned an administration as incompetent as the Biteme administration to ever be elected to office.
6 people like this.
Reply 10 - Posted by:
kono 6/13/2022 1:27:13 PM (No. 1184676)
Incompetent, #9? The foundation of America featured a framework of checks and balances that made it capable of adjusting and adapting to changing circumstances and crises with marvelous regularity. It took some planning and coordination to bring it down, and Zhou seems to be doing a rather capable job of national implosion. (I'm sure he had help, though, to be fair...)
2 people like this.
Reply 11 - Posted by:
Birddog 6/13/2022 1:33:30 PM (No. 1184681)
Biden too could be making more money from higher Oil prices and production, but he won't allow more production.
Still...Exxon had a good year(they had $20billion in losses in 2020) Making $23Bilion last year, nearly $25Billion in the last 12 months....this is AFTER paying 1 3/4 times that amount in Taxes, over $40Billion.
Yet again last month the Govt posted NEW records in the amount of Tax Money collected, nearly every month sets a new record.
4 people like this.
Reply 12 - Posted by:
MattMusson1 6/13/2022 1:39:25 PM (No. 1184687)
Remember - the Invasion did not push prices up. The Sanctions pushed the prices up.
2 people like this.
Reply 13 - Posted by:
Starboard_side 6/13/2022 2:53:02 PM (No. 1184743)
If he's selling more oil than before, there is no shortage.
The main item that changed since Jan 2021 is the United States is not allowing producers the ability to bring their oil to market. They have been hamstrung by regulators and banking rules created by Democrats.
After all, they're okay to import oil from Venezuela and the Middle East, however. which only punishes companies in the United States and every consumer.
2 people like this.
Reply 14 - Posted by:
Solid_Oak 6/13/2022 3:31:29 PM (No. 1184774)
Biden is a compromised President. As a result of the Biden corruption (Joe, Hunter and Joe's brother), the Chinese, Russians and who know who have the goods on the President. Biden's first move was to cut oil and gas production, and regulate the hell out of the entire process. Prices jump up of course. About 70% of Russia's economy is oil and gas sale. Biden made Russia rich overnight. Putin wouldn't have been able to fight a sustained war without Biden's (Obama) help. Now he is talking about eliminating the tariffs on China. I'm afraid we went from "America First," to "America Last."
3 people like this.
Reply 15 - Posted by:
danu 6/13/2022 3:55:16 PM (No. 1184795)
curiously, obummeroids never make a mistake in favour of freedom and prosperity for WTP.
1 person likes this.
Reply 16 - Posted by:
Namma 6/13/2022 5:16:26 PM (No. 1184843)
see...Putin getting our keystone pipeline shut down and drilling has paid off for him.
1 person likes this.
Reply 17 - Posted by:
DW626 6/13/2022 6:09:20 PM (No. 1184858)
Democrats will never understand the law of supply and demand.
They simply refuse to.
1 person likes this.
Reply 18 - Posted by:
mifla 6/14/2022 7:01:02 AM (No. 1185204)
Vlad should send a thank you note to Biden.
0 people like this.
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