Oil Price Jumps on Trump’s Russia Sanctions
Brent crude oil price went up from about $61 to $66 per barrel. Putin has been bracing for this and is counting on continuing to sell India and China.
China, however, is in a such a leadership position with renewable energy, they will only if Putin offers real steep discounts.
India is still old school, but Putin will also have to offer steep discounts.
So why isn't Trump doing the one thing that will rob Putin from his oil position of power? I'm talking about renewable energy
That's because the oil industry bankrolled his campaigns. Of course he subsidizes oil, something MAGAs are clueless about.
China, however, is in a such a leadership position with renewable energy, they will only if Putin offers real steep discounts.
India is still old school, but Putin will also have to offer steep discounts.
So why isn't Trump doing the one thing that will rob Putin from his oil position of power? I'm talking about renewable energy
That's because the oil industry bankrolled his campaigns. Of course he subsidizes oil, something MAGAs are clueless about.
