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The Water Cooler
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<blockquote data-quote="B Gordon" data-source="post: 2670116" data-attributes="member: 29719"><p>A couple of articles I scanned mentioned that very thing but implied that it is hurting Russia and Venezuela and a couple of other countries way more that it will ever effect the USA.</p><p></p><p>Even though Saudi Arabia has ramped up production, the USA has been ramping up production for several years.</p><p>Is the USA trying to destabilize Venezuela by cutting imports?</p><p>Of course not, but that is the secondary effect of us importing less crude from them.</p><p>There were even some comments that perhaps the Saudi's are ramping up production in response to the EU sanctions against Russia because there is market share to be gained as a result.</p><p>Our government was instrumental in pushing sanctions against Russia so is our government responsible for the Saudi's response?</p><p>If Russia backs off their expansionist actions and the sanctions get lifted will the Saudi's cut back on production?</p><p></p><p>Lots of things in play and I personally feel it is a good thing that we have choices domestically.</p><p>How would you like to live in Japan where just about all of their crude and natural gas is imported?</p></blockquote><p></p>
[QUOTE="B Gordon, post: 2670116, member: 29719"] A couple of articles I scanned mentioned that very thing but implied that it is hurting Russia and Venezuela and a couple of other countries way more that it will ever effect the USA. Even though Saudi Arabia has ramped up production, the USA has been ramping up production for several years. Is the USA trying to destabilize Venezuela by cutting imports? Of course not, but that is the secondary effect of us importing less crude from them. There were even some comments that perhaps the Saudi's are ramping up production in response to the EU sanctions against Russia because there is market share to be gained as a result. Our government was instrumental in pushing sanctions against Russia so is our government responsible for the Saudi's response? If Russia backs off their expansionist actions and the sanctions get lifted will the Saudi's cut back on production? Lots of things in play and I personally feel it is a good thing that we have choices domestically. How would you like to live in Japan where just about all of their crude and natural gas is imported? [/QUOTE]
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