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Old 05-24-2022, 10:30 AM
 
Location: NMB, SC
43,142 posts, read 18,306,779 times
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Quote:
Originally Posted by USNRET04 View Post
China and India are buying Russian Oil, that's a couple of pretty big customers.
And several countries in Africa continue to buy oil from Russia. And because they wouldn't listen to us and stop buying the US is implementing sanctions agains them.
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Old 05-24-2022, 10:30 AM
 
Location: Taipei
8,869 posts, read 8,454,383 times
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The war will have to be over in Russia's complete retreat first.
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Old 05-24-2022, 10:32 AM
 
78,447 posts, read 60,652,129 times
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Quote:
Originally Posted by USNRET04 View Post
China and India are buying Russian Oil, that's a couple of pretty big customers.
^^This, but they're underpaying.

That being said, I think people will be very very cautious about purchasing large amounts from them in the future and being exposed to the risk of having it shut off.
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Old 05-24-2022, 10:51 AM
 
45,676 posts, read 24,035,206 times
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Quote:
Originally Posted by victimofGM View Post
You left out the fact that once Biden took office he put a stop to the oil pipeline and put a stop to measures Trump had enacted, both of which caused a spike in oil prices and a reduction in oil production within USA lands and waters. Sadly environmentalist claim to want to protect the environment but by trying to restrict oil production in USA they are hurting US workers and harming the environment by sending oil production to countries whose oil production do not have the EPA restrictions placed on US oil production. While many foreign oil production pay virtually slave wages on workers, US oil production pays living wages and supports many surrounding businesses and industries. While US oil production must meet strict EPA standards on pollution, many of their foreign counterparts don’t have such restrictions and freely pollute the air, land, and water. While a newly built refinery can produce gas and diesel in a much more efficient manner in higher volumes, environmentalist prevent such refineries from being built through lawsuits and like minded government officials.
The oil pipeline was a Canadian pipeline to take Canadian product to the USA. The bulk of the product was going to be refined in the USA but exported out of the USA.

AND you are ignoring the fact the Canadian company has gladly killed the project as Canadian oil producers have figured out how to send record setting levels of crude oil via pipeline to the Gulf of Mexico without the pipeline.

https://www.forbes.com/sites/rrapier...h=2b5dfb306b6f
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Old 05-24-2022, 11:00 AM
 
29,545 posts, read 19,640,423 times
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China is already buying Russian oil and will continue to do so

https://www.reuters.com/business/ene...il-2022-05-20/
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