5 ms·
The US has given over $8B in aid. Also natural gas prices are going to hurt this winter. Gasoline prices hurt this summer, both directly and in transport costs.
by galangalalgol 4y ago
The US has given over $8B in aid. Also natural gas prices are going to hurt this winter. Gasoline prices hurt this summer, both directly and in transport costs.
- jryhjythtr 4y ago>The US has given over $8B in aid That's throwaway change, compared to the amount spent on Covid. >Also natural gas prices are going to hurt this winter. The US is the world's biggest producer of natural gas, at least while fracking is still largely permitted.
- throwaway2037 4y agoI was surprised when I read this part: <<The US is the world's biggest producer of natural gas>> Then, I checked Google. Yep, you are right: https://www.worldometers.info/gas/gas-production-by-country/ https://www.worldometers.info/gas/gas-production-by-country/ In my mind, I was mixed up with world's largest exporters. Last I knew, it was a race between Qatar and Australia. But wrong again! It is Russia: https://en.wikipedia.org/wiki/List_of_countries_by_natural_gas_exports https://en.wikipedia.org/wiki/List_of_countries_by_natural_g...
- bombcar 4y ago$8 billion comes out to $25 per person in the US. It’s nothing compared to anything. Heck, it’s only four powerballs from last weekend.
- varjag 4y agoThe US have been spending $20B¹ per year on air conditioning for troops in Afghanistan. ¹2011 figure
- ksala_ 4y agoCompletely unrelated to the thread, but I had to google this. This seems to be the source https://www.npr.org/2011/06/25/137414737/among-the-costs-of-war-20b-in-air-conditioning https://www.npr.org/2011/06/25/137414737/among-the-costs-of-... Reading the notes at the bottom, it seems like the number might be somewhat realistic, but should really be called the cost of shipping fuel and securing it to Afghanistan, some of which was probably used for aircon.
- varjag 4y agoMy point is $8B in 2022 money for defeating Russia in field is deal of the century.
- nibbleshifter 4y agoBargain basement prices!
- ksala_ 4y agoYes, I agree, I don't think that $8B is a lot of money for the US, especially in the military context. I was just surprised at the number and shared some back story.
- nradov 4y agoOnly a fraction of that $8B in aid was direct cash payments to Ukraine. Much of it went to US defense contractors and was recycled into the domestic economy. Higher fossil fuel prices hurt US consumers, but most of that value is flowing to US energy companies and ultimately to US investors. The vast majority of fossil fuels burned here are also extracted and refined here; we only import a little.