Western allies want to punish Russian president Vladimir Putin while keeping oil flowing.
U.S. gas prices have been up and down throughout the year and now more uncertainty is on the horizon as a European Union embargo on Russian oil imports kicks in along with a price cap on crude out of Russia. WSJ explains how these moves could impact prices at the pump for Americans. Illustration: WSJ
#WSJ #oil #russia
24 Comments
🇺🇸🪖"Well stocked with crude".
Europe think of firewood winter is coming come winter you have to freeze like a mouse when you freeze form the cold america will come to help you ????‽
Europe think of firewood winter is coming come winter you have to freeze like a mouse when you freeze form the cold america will come to help you ????‽
I'd rather trade the Crypto market as its more profitable. I make an average of $15,000 per week even though I barely trade myself<<<<<<<<<
Price fixing always leads to shortages. That’s what happened to the US when Nixon did it.
Because this has worked before 😂
very bad move by USA and EU
This price cap will effect developing countries and it will push them in inflation but Europe and western nations mindset is like " Europe problems are the world problems but the world problems are not Europe problems " S. Jaisankar
Import bill of EU from Russia :
Oil, Gas and Coal is 6 times, infinite times and 50% more respectively than that of India.
Feb to Nov
EAM Jaishankar schools hypocrites!
" we are not going to pay you more than the high price you charge us now"
That's going to drive down cost. ( sarcasm)
Look at Biden hurting us Americans in a failed attempt to hurt Russia. Its almost like hes actually trying to hurt Americans and destroy this country.
First
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Let them eat cake! That’s Biden’s solution!
Drill morons! Drill!
Oil will crash $60 . To match the price cap. The USA 🇺🇸 rule the world .
I live in central Florida and for about two weeks now there have been gas stations with no gas
The west has been doing a great job sanctioning it's own people.
Can’t wait till my sun ☀️ roast these special ed’s up off my earth, prepare for gamma radiation 🔥🔥🤖🧬🤡⚡️🛸
Pro-Putin trolls working overtime below in the comments.
Actually, the price of the gasoline and energy started to rise sharply long before the Eastern Europe conflict.
Hope EU stop buying Russian oil & gas and set a example… hopefully they have the guts to do that I am sure they have ……even after stocking as much as Russian oil and gass…❤
Please cap the price of US oil and opec for the good of humanity and set a great example..
Best of luck just don’t get frozen my friends in EU
Colossal?
Kati Hobbs just got busted cheating in Arizona we need to check every state no way fetterman win he’s as smart as Biden and Biden isn’t as smart as a rock