4 ms·

High price of oil is good for Russia only if they have buyers. And yes, in the short term it will hurt us but in the longer term you are disarming the influenc

High price of oil is good for Russia only if they have buyers. And yes, in the short term it will hurt us but in the longer term you are disarming the influence of a bad actor with the added benefit of incentivizing cleaner energy and perhaps more efficient means of transportation.

netsharc 5y ago
Seems like China is fine with taking the oil. And China knows the world won't seriously sanction it...
- mupuff1234 5y ago
  Yes, but then China can easily squeeze them on the price (being the single big buyer)
  - chiefalchemist 5y ago
    True. But it's relative. Even if Russia get 75% of the market price, that's still a solid buck. And since they can control the chaos, they can manipulate price. So if everyone loses, not just Russia, and relatively The West has more to lose, where is the pain for Russia?
wara23arish 5y ago
Countries will almost definitely buy oil from them. We had Turkey a NATO member buy cheap fuel from ISIS in the past.
anm89 5y ago
They are absolutely not going to have issues selling oil . Note that the US didn't even sanction their oil because a) they need it on the market b) they know they are going to sell it anyway
chiefalchemist 5y ago
> are disarming the influence of a bad actor I have to take issue with this assumption. We've used such tactics against a number of previous bad actors, and yet those actors keep coming. The latest round (in this case against Russia) certainly wasn't a surprise about the sanctions, yes? So again, back to my OP...Exactly how effective can we expect these sanctions to be if Russia knew they were coming and that threat didn't deter them? Who is actually feeling more pain? The arc of my point is simple...Putin had a plan and we (and The West) led with our chin. What's our solution? "Print" more money? Let's not be naive, there are economic consequences to that here.
dmingod666 5y ago
'Disarming the influence of a bad actor' Russia is going nowhere. They are not NK. Consequences are never one sided, in a conflict, the other side gets a vote too.

netsharc 5y ago

Seems like China is fine with taking the oil. And China knows the world won't seriously sanction it...

mupuff1234 5y ago
Yes, but then China can easily squeeze them on the price (being the single big buyer)
- chiefalchemist 5y ago
  True. But it's relative. Even if Russia get 75% of the market price, that's still a solid buck. And since they can control the chaos, they can manipulate price. So if everyone loses, not just Russia, and relatively The West has more to lose, where is the pain for Russia?

wara23arish 5y ago

Countries will almost definitely buy oil from them. We had Turkey a NATO member buy cheap fuel from ISIS in the past.

anm89 5y ago

They are absolutely not going to have issues selling oil . Note that the US didn't even sanction their oil because a) they need it on the market b) they know they are going to sell it anyway

chiefalchemist 5y ago

> are disarming the influence of a bad actor I have to take issue with this assumption. We've used such tactics against a number of previous bad actors, and yet those actors keep coming. The latest round (in this case against Russia) certainly wasn't a surprise about the sanctions, yes? So again, back to my OP...Exactly how effective can we expect these sanctions to be if Russia knew they were coming and that threat didn't deter them? Who is actually feeling more pain? The arc of my point is simple...Putin had a plan and we (and The West) led with our chin. What's our solution? "Print" more money? Let's not be naive, there are economic consequences to that here.

dmingod666 5y ago

'Disarming the influence of a bad actor' Russia is going nowhere. They are not NK. Consequences are never one sided, in a conflict, the other side gets a vote too.