Russia's Invasion of Ukraine (Official Thread)

Joined
Apr 3, 2014
Messages
71,910
Reputation
17,068
Daps
305,880
“The only way to stop Putin is to ban oil and gas exports,” Sheffield told the Financial Times in an interview on Friday. "[But] if the western world announced that we’re going to ban Russian oil and gas, oil is going to go to $200 a barrel, probably — $150 to $200 easy.”

:picard: $200 oil




Yeah I dont think we should do this just yet.

We still need a channel to Russia because we are partners with them on the Iran deal.
 

th_412

I fux deez hoes
Joined
Apr 11, 2014
Messages
1,162
Reputation
600
Daps
8,950
Reppin
Yo bytch bedroom / PITTSBURGH
“The only way to stop Putin is to ban oil and gas exports,” Sheffield told the Financial Times in an interview on Friday. "[But] if the western world announced that we’re going to ban Russian oil and gas, oil is going to go to $200 a barrel, probably — $150 to $200 easy.”

:picard: $200 oil



What i dont understand is that i've always heard American drilling companies cant make a profit when oil goes under a certain amount, but now that its high as hell and only going up wont some of the domestic supply offset whatever we lose from Russia?? Or even at a higher price we still cant extract enough to make much of a difference globally??


hopefully a 6 energy cert coli breh can come drop some knowledge:mjgrin::mjgrin::mjgrin:
 
Top