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Msg 465101 of 501756 at 11/23/2022 7:38:59 AM by

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In response to msg 465098 by Wilk	view thread

Re: U.S., Allies Eye $60 Price Cap For Russian Crude

Russia is one of the world's largest oil producers. World can not go without Russian oil. If Russia has to stop pipeline flow from colder areas then oil will congeal and pipeline will be out of commission until summer thaw. Game of chicken, but oil prices estimated to go well over$300/bbl if Russian flow disrupted. In that case, Russia will make plenty of money on much smaller production.

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Msg #	Subject	Author	Recs	Date Posted
465105	Re: U.S., Allies Eye $60 Price Cap For Russian Crude	doomonyou	32	11/23/2022 7:50:12 AM
465113	Re: U.S., Allies Eye $60 Price Cap For Russian Crude	Wilk	0	11/23/2022 8:07:28 AM

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