Ukraine mega thread

[SunnySide]

Originally Posted by sdskinsfan2001

Nato, U.N., absolutely useless for us to be in. We pay all the money, our men and women do most of the dying, etc. The whole world takes advantage of us.

If we were fully energy independent, as we EASILY could be and should be, this would be a Europe problem and still should be. We give our debt to China and buy energy from Russia. We give our greatest enemies great leverage over us. I swear we're trying to lose. Weird stuff.

I guess I'm officially back to sharing political opinions. I made it 52 days without saying anything possibly argumentative. Just a little short of 365 days, but still about 45 days longer than I thought I would make it.

Russia is one of the world’s largest oil producers. According to the 2021 BP Statistical Review of World Energy, in 2020 Russia produced 10.1 million barrels per day (BPD) of crude oil and natural gas condensate. That was good for second place behind the U.S. at 11.3 million BPD. Saudi Arabia was third at 9.3 million BPD.

However, the U.S. also consumes far more oil (17.2 million BPD) than Russia (3.2 million BPD) or Saudi Arabia (3.5 million BPD). The net result is that the U.S. is a net importer of crude oil, while Russia and Saudi Arabia are major crude oil exporters.

But that leads to the question of how sanctions on Russia might impact the U.S. market. As of late 2021, the U.S. was importing 8.5 million BPD of crude oil from all countries. Canada was our top supplier, sending the U.S. 4.5 million BPD. (Having secure oil supplies from close allies highlights the importance of the Keystone XL Pipeline expansion). Mexico was second, at 700,000 BPD, and then Russia at 595,000 BPD. Saudi Arabia was our 4th largest supplier at 555,000 BPD.

Thus, Russia supplied 7% of U.S. crude oil imports in late 2021 – a significant number. Replacing that oil will put additional upward pressure on global oil prices, virtually assuring that oil will exceed $100/bbl if the situation further escalates.
https://www.forbes.com/sites/rrapier...h=36dee2d518c3

Seems like we need to invest in renewable energies and electric cars etc and get away from fossil fuels. We need to revisit the Keystone Pipeline.

We are the worlds No. 1 producer of oil and gas ... and we consume more than we make.

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We nor any member country of NATO pays money to NATO. Thats not how it works. I know Trump has repeated the inaccuracy a million times.