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U.S., not Europe, to ban Russian petroleum products
Posted by: Steve G.
Date: March 08, 2022 08:57AM
note: the U.S. has been warning to Europeans for decades not to cozy up and depend on Russia for energy supplies. They thought otherwise. (Merkel was the latest)

[www.cnn.com]
President Joe Biden on Tuesday is expected to ban Russian oil, natural gas and coal imports to the US, according to three sources familiar with the decision.

The US will make the move unilaterally, without its European allies, due to disagreement among European nations about whether to ban Russian energy imports. EU countries have significantly more exposure to Russian energy than the US.
US officials decided, given the extreme political pressure at home, they could move without the coalition and not create major issues.

Biden is expected to address the new steps at 10:45 a.m. ET. Bloomberg was first to report the expected move.
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Re: U.S., not Europe, to ban Russian petroleum products
Posted by: Ombligo
Date: March 08, 2022 09:55AM
So we are turning to Venezuela. A country that truly does not like the US. I could easily see them jacking up prices or canceling imports to us.



“No persons are more frequently wrong, than those who will not admit they are wrong.” -- François de La Rochefoucauld

"Those who cannot accept the past are condemned to revise it." -- Geo. Mathias

The German word for contraceptive is “Schwangerschaftsverhütungsmittel”. By the time you finished saying that, it’s too late
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Re: U.S., not Europe, to ban Russian petroleum products
Posted by: hal
Date: March 08, 2022 02:19PM
I just love how the republicans are demanding we stop RU imports while simultaneously blaming Biden for high gas prices.
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Re: U.S., not Europe, to ban Russian petroleum products
Posted by: Filliam H. Muffman
Date: March 08, 2022 02:34PM
How about having the oil companies drill on some of the 6,000 current leases in the US that don't have any operations?



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Re: U.S., not Europe, to ban Russian petroleum products
Posted by: pdq
Date: March 09, 2022 08:28AM
Quote
hal
I just love how the republicans are demanding we stop RU imports while simultaneously blaming Biden for high gas prices.

As I noted in another thread, Paul Krugman in his latest NYT column:

Quote

Overall, then, the Putin-made energy crisis will be serious but probably not catastrophic. My biggest concern for the United States, at least, is political. You mightn’t think that Republicans could simultaneously demand that we stop buying Russian oil and attack President Biden for high gasoline prices. That is, you mightn’t think that if you’d spent the past 25 years sleeping in a cave. In fact, that’s exactly what’s about to happen.

It’s just what they do.
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Re: U.S., not Europe, to ban Russian petroleum products
Posted by: Acer
Date: March 09, 2022 01:07PM
Republicans: $1 more a gallon for gas? Biden!
Also Republicans: $750 for a vial of insulin? Market forces!
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