the other mike
Diamond Member
True. Our oil and gas industry is about 8 % of GDP while Russia's is slightly more - 16 %.Wow, more aid to Putin's Russia from President Trump. It seems he's more interested in protecting Putin than all of the American Citizens.
WASHINGTON/LONDON/DUBAI (Reuters) - As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum.
In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom, four sources familiar with the matter told Reuters.
The threat to upend a 75-year strategic alliance, which has not been previously reported, was central to the U.S. pressure campaign that led to a landmark global deal to slash oil supply as demand collapsed in the coronavirus pandemic - scoring a diplomatic victory for the White House.
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Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources
As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum. In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started...www.yahoo.com
Oil production is hurting Russia, U.S. and all of the World Oil Producers, so this is just not about Russia...
When our own oil was trading in the negative region then yes a conversation must be made...