- Mar 3, 2022
Not really, the rest of the world can buy oil from whoever sell it. The 'rules based world order' (aka the west) can only buy from either the US or west asia. IOW you're allowed to only buy the more expensive stuff. Different markets, different monpolies.Snowy winter is not an apocalypse. We'll survive.
This is good. that the largest consumers (China, India) buy cheap hydrocarbons. This means that market demand will lower prices from other sellers.
Also, I'm sure Ukrainians will survive. We'd have to wait and see how much camradrie the rest of the europe has with ya all when the snow starts falling.