- Apr 5, 2007
- Reaction score
We barely imported more in 2021, most of our imports come from Canada.News outlets reporting that Russian troops are being sent into eastern Ukraine right now to “keep the peace”. Maybe coincidence…. But once again right after the close of the Olympics.
So….. does Xi move on Taiwan while the worlds eyes are in the Ukraine?
And how will Brandon respond to Putin? Perhaps this is the minor incursion Joe spoke of in the past and we do nothing. Europe will likely not do much as most countries are too dependent on Russian oil/gas and it’s still winter. Boy wouldn’t it be nice for the good kids USA to be an alternative supplier… but then again we are once again net IMPORTERS of petroleum thanks to the current energy policies. Could have help squashed this issue and boosted our economy all at once.
General rule high oil prices = more us production. Our break even point is high. Saudi’s Arabia has stupid cheap break even point.
High oil prices cause economy issues. Low oil prices cause economy issues too.
High oil prices benefit me.