School Me On This Russia/Ukraine Kerfuffle

[Nike Jordan]

The U.S. imports a majority of its crude oil from Canada.

 

[biggie62]

This is the one thing the right wing media loves to spout in the US with 0 credibility. We import almost 90% of our oil just from the americas. The Middle East and Russia could drop dead and it wouldn’t affect us directly in terms of access to oil outside of pricing.

 

[WASHED KING]

I do not want to deal this blow to Russia. I didn't sign up for this.

I signed up for student loan cancelations Joe.

aepps20 Where the MAGA sign-up sheet? Kanye not answering his phone he too busy worrying about Skeet.

 

[Coupé It]

How Much Oil Does the U.S. Import From Russia and Why Did Biden Ban It?

Despite being the top global producer, the U.S. had used Russian crude to service more isolated coastal markets and keep refineries running at optimal levels.

www.wsj.com

I don’t model oil or gasoline price movements but Russian crude is such a tiny part of American supply that I can’t imagine an import block making much of a difference in gas prices

It’s a good point.

But suppliers will gauge. They’ll use every excuse to raise prices.

It’s just part of the game.

 

[Coupé It]

I do not want to deal this blow to Russia. I didn't sign up for this.

I signed up for student loan cancelations Joe.

 

[lovehateself]

But media will media . They’ll use every excuse to bash the administration

It’s just part of the game.

fixed

 

[WASHED KING]

Jokes >>>>>>

 

[heelsandeers]

It’s a good point.

But suppliers will gauge. They’ll use every excuse to raise prices.

It’s just part of the game.

The crude oil market is an extremely competitive market and every producer in that market is a price taker

They are going to produce the same amount regardless of price (unless it dips below their marginal costs of production which is rare - e.g. 2020)

World supply and demand determines what the buyers will pay for it

 

[Coupé It]

The U.S. imports a majority of its crude oil from Canada.

Who is other? We scared to say Venezuela or something?

We still acting like they don’t exist?

 

[D Double]

Standouts for me is McDonalds and Philip Morris.

Russians love burgers and cigarettes it seems. They won't be in a rush to pull out.




Russia hasn't pushed back reopening their stock market so it should be open tomorrow. Time to see the damage.

 

[Coupé It]

Standouts for me is McDonalds and Philip Morris.

Russians love burgers and cigarettes it seems. They won't be in a rush to pull out.

One of the videos I posted a Russian dude said “He doesn’t know what he’ll do because he eats at McDonalds everyday”

I was like “wuttt”

 

[lovehateself]

data has shown that ppl in colder climates tend tp smoke a lot more

 

[mplsdunk]

people used to smoke like crazy here in mn. One day it seemed like everyone just stopped.

I don’t know anyone who smokes now.

 

[frshstunna]

One of the videos I posted a Russian dude said “He doesn’t know what he’ll do because he eats at McDonalds everyday”

I was like “wuttt”

It’s ppl that do that here and McDonald’s just known as run of the mill at best…I’m not surprised it’s daily Big Mac ppl overseas

 

[jape]

Who is other? We scared to say Venezuela or something?

We still acting like they don’t exist?

who is we?
Didn't you flee to Europe cause you are a felon?

 

[frshstunna]

people used to smoke like crazy here in mn. One day it seemed like everyone just stopped.

I don’t know anyone who smokes now.

Ppl still smoke cigs but as time goes on it’s more of a taboo/weird thing so they do it in private as much as possible

 

[Coupé It]

who is we?
Didn't you flee to Europe cause you are a felon?

Close, the feds can’t catch me.

I got 5 passports, I’m never going jail.

 

[WASHED KING]

Yeah smoking cigs is socially frowned on now. Most people that do now are old, do it in secret, or switched to vapes.

 

[D Double]

Welp, there goes the burgers, temporarily at least.

 

[Nike Jordan]

Standouts for me is McDonalds and Philip Morris.

Russians love burgers and cigarettes it seems. They won't be in a rush to pull out.

McDonald's has been big in Russia since the first one opened in 1990.

 

[keko jones]

For me .. gas prices are going up because it's time for these companies to **** us without Vaseline for sheltering these past 2 years. Now that everything is opening and Corona bounced overnight .. its time for these companies to make their billions again.

 

[Coupé It]

For me .. gas prices are going up because it's time for these companies to **** us without Vaseline for sheltering these past 2 years. Now that everything is opening and Corona bounced overnight .. its time for these companies to make their billions again.

It was coming.

Now they can use Russia as an excuse too.

Nastyyy

 

[mplsdunk]

yeah, it's just another opportunity to rip everyone off so they'll do it.

kind of like "inflation" sure there's inflation but a lot of it is just companies doing it to do it and take advantage of the situation.

 

[jape]

So capitalism?

 

[Coupé It]

So capitalism?