3 ms·
> Russian oil was about 8% of the US supply. This comment betrays a deep lack of understanding about how pricing works for fungible commodities. Russian oil i
by BaseballPhysics 5y ago
> Russian oil was about 8% of the US supply.
This comment betrays a deep lack of understanding about how pricing works for fungible commodities.
Russian oil is a huge chunk of the world supply, and oil is sold on a global market.