Thread: Fuel Oil
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Old 04-11-2022, 08:37 PM   #25
John Mercier
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Quote:
Originally Posted by FlyingScot View Post
They do have consequences. All of us have seen Russia invade Ukraine, Trump praise Putin immediately afterwards, and Biden move aggressively to reduce the flow of Russian oil.

So I agree that oil prices would be lower, and Vladimir Putin happier, if Trump had won.

I think the world would be a much more dangerous place in that scenario.
Russian oil is still entering the global market. Even if it goes to China and India, the supply they would have purchased flows to other countries that are banning Russian oil. The products are for the most part fungible.
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