US admits Russian fossil fuel export revenue increased after sanctions

[Natural Citizen]

Russia is earning more from fuel exports than prior to the start of what's going on with the Ukraine.

This from US Senior Advisor for Global Energy Security, Amos Hochstein, while speaking to the Senate Subcommittee on Europe and Regional Security Cooperation.

When asked whether Moscow was in fact making more from its fossil fuel exports, compared to several months ago and prior to sanctions, Hochstein replied: “I cannot deny that.”

Russia's energy revenue higher now than just before Ukraine war, U.S. official says

Russia may be getting more revenue from its fossil fuels now than shortly before its invasion of Ukraine, as global price increases offset the impact of Western efforts to restrict its sales, U.S. energy security envoy Amos Hochstein told lawmakers during a hearing on Thursday.

www.reuters.com

Anyway. It's $5.49 per gallon here.

Who are the Biden administration's sanctions really hurting?

 

[CrusaderFrank]

Biden followed WEF orders to push the US dollar off the cliff while Soros is still breathing.

Russian oil now trades in gold backed rubles

 

[Natural Citizen]

Relevant reading...

Department of Defense discloses 46 US funded biological research facilities in the Ukraine

 

[Gabe Lackmann]

Russia is earning more from fuel exports than prior to the start of what's going on with the Ukraine.

This from US Senior Advisor for Global Energy Security, Amos Hochstein, while speaking to the Senate Subcommittee on Europe and Regional Security Cooperation.

When asked whether Moscow was in fact making more from its fossil fuel exports, compared to several months ago and prior to sanctions, Hochstein replied: “I cannot deny that.”

Russia's energy revenue higher now than just before Ukraine war, U.S. official says

Russia may be getting more revenue from its fossil fuels now than shortly before its invasion of Ukraine, as global price increases offset the impact of Western efforts to restrict its sales, U.S. energy security envoy Amos Hochstein told lawmakers during a hearing on Thursday.

www.reuters.com

Anyway. It's $5.49 per gallon here.

Who are the Biden administration's sanctions really hurting?

lol....I remember a few months ago nearly half of the people were in support of them on here.

Where are those people at now?...shhhhhhhhhhh.

YOU KNOW WHO YOU ARE.

 

[sparky]

Anyway. It's $5.49 per gallon here.

Who are the Biden administration's sanctions really hurting?

not these guys...>>

~S~

 

[Gabe Lackmann]

not these guys...>>

View attachment 656094

~S~

You're an idiot...

 

[struth]

not these guys...>>

View attachment 656094

~S~

what’s their profit margin?

 

[Mac-7]

Russia is earning more from fuel exports than prior to the start of what's going on with the Ukraine.

This from US Senior Advisor for Global Energy Security, Amos Hochstein, while speaking to the Senate Subcommittee on Europe and Regional Security Cooperation.

When asked whether Moscow was in fact making more from its fossil fuel exports, compared to several months ago and prior to sanctions, Hochstein replied: “I cannot deny that.”

Russia's energy revenue higher now than just before Ukraine war, U.S. official says

Russia may be getting more revenue from its fossil fuels now than shortly before its invasion of Ukraine, as global price increases offset the impact of Western efforts to restrict its sales, U.S. energy security envoy Amos Hochstein told lawmakers during a hearing on Thursday.

www.reuters.com

Anyway. It's $5.49 per gallon here.

Who are the Biden administration's sanctions really hurting?

The reason to boycott russian oil is so that NATO is not dependant on putin for energy

Diversifying sources is a good thing particulary in times like this

 

[sparky]

what’s their profit margin?

About 79,300,000 results (0.39 seconds)

Search Results​

Featured snippet from the web​

The top five oil companies alone—Shell, ExxonMobil, BP, Chevron, and ConocoPhillips—brought in more than 300 percent more in profits than in the first quarter of 2021. That is a total of more than $35 billion in profits in just three months.May 17, 2022

 

[struth]

About 79,300,000 results (0.39 seconds)

Search Results​

Featured snippet from the web​

The top five oil companies alone—Shell, ExxonMobil, BP, Chevron, and ConocoPhillips—brought in more than 300 percent more in profits than in the first quarter of 2021. That is a total of more than $35 billion in profits in just three months.May 17, 2022

do you not understand my question?

 

[1srelluc]

Damn, I should have bought rubles and held.

 

[Gabe Lackmann]

Damn, I should have bought rubles and held.

It's illegal for Americans.

Believe me, I was looking at every angle possible three months ago.

25% of the world's oil and these dipshits thought that was going to work.


...Actually, they KNEW it would not work...but the sharp drive up in global prices will only help push their agenda.

Zero carbon...eat the bugs...get in the pod.

 

[ESay]

Russia is earning more from fuel exports than prior to the start of what's going on with the Ukraine.

This from US Senior Advisor for Global Energy Security, Amos Hochstein, while speaking to the Senate Subcommittee on Europe and Regional Security Cooperation.

When asked whether Moscow was in fact making more from its fossil fuel exports, compared to several months ago and prior to sanctions, Hochstein replied: “I cannot deny that.”

Russia's energy revenue higher now than just before Ukraine war, U.S. official says

Russia may be getting more revenue from its fossil fuels now than shortly before its invasion of Ukraine, as global price increases offset the impact of Western efforts to restrict its sales, U.S. energy security envoy Amos Hochstein told lawmakers during a hearing on Thursday.

www.reuters.com

Anyway. It's $5.49 per gallon here.

Who are the Biden administration's sanctions really hurting?

If you read the article more thoroughly, you would find out that the majority of Russian oil was sent to European market. At the same time, European sanctions on Russian oil will take effect only in the end of the year.

Russian natural gas wasn't included in the sanctions list at all.

 

[BlindBoo]

Shocking. With the price of oil, US Oil Companies are making record profits, again.

 

[gipper]

not these guys...>>

View attachment 656094

~S~

We can ALWAYS count on Uncle Sam supporting big oil and big pharma unconditionally.

 

[gipper]

Russia is earning more from fuel exports than prior to the start of what's going on with the Ukraine.

This from US Senior Advisor for Global Energy Security, Amos Hochstein, while speaking to the Senate Subcommittee on Europe and Regional Security Cooperation.

When asked whether Moscow was in fact making more from its fossil fuel exports, compared to several months ago and prior to sanctions, Hochstein replied: “I cannot deny that.”

Russia's energy revenue higher now than just before Ukraine war, U.S. official says

Russia may be getting more revenue from its fossil fuels now than shortly before its invasion of Ukraine, as global price increases offset the impact of Western efforts to restrict its sales, U.S. energy security envoy Amos Hochstein told lawmakers during a hearing on Thursday.

www.reuters.com

Anyway. It's $5.49 per gallon here.

Who are the Biden administration's sanctions really hurting?

If the Russians can’t obtain p&i insurance to transport their oil in tankers, they could be shut down.

Insurance Ban Is The EU’s Biggest Blow Yet To Russian Oil Exports | OilPrice.com

 

[CrusaderFrank]

not these guys...>>

View attachment 656094

~S~

How much have State and Federal governments collected in gasoline taxes?

 

[BlindBoo]

How much have State and Federal governments collected in gasoline taxes?

U.S. state and local motor fuel tax revenue 2019 | Statista

In 2019, state and local governments in the United States collected about 52.31 billion U.S.

www.statista.com

 

[sparky]

do you not understand my question?

yes, and i'll up the ante'

Shocking. With the price of oil, US Oil Companies are making record profits, again.

The Oilocracy....

We can ALWAYS count on Uncle Sam supporting big oil and big pharma unconditionally.

Who owns who is the Q Gip.....

How much have State and Federal governments collected in gasoline taxes?

whatever % they've legislated....

from the bowels of the internet>>>>

A whole lot of truth about gas prices, and to those that say: "the president doesn't set the price of gas"... pay close attention and maybe read it twice:

From a production worker in a refinery on the Gulf of Mexico:
"You've been lied to by the President and his phony cronies, but I want to set the record straight. I'm going to tell you the truth, so pay attention"....

1. There is enough recoverable crude oil within the continental US to supply current and projected future demand for 400+ years, and that's just the oil we know about. It doesn't account for future discoveries. That's a fact...

2. We do not need to import a SINGLE DROP of foreign crude oil. The domestic oil industry can easily meet, and even surpass domestic demand. We've done it before, and we can do it again. That's a fact...

3. The domestic oil industry currently cannot satisfy domestic demand due to oil drilling restrictions imposed by the federal government. That's a fact...

4. The price of EVERYTHING revolves around oil, and the law of supply vs demand dictates the price of oil. When oil is plentiful, commodities are cheap. When oil is scarce, commodities are more expensive. Right now, domestic oil is scarce, and the price of everything is high because of these restrictions imposed by the federal government. That's a fact…

5. We import foreign oil from countries that drill and produce it much cheaper than we're able to because they do not implement all of the environmental safeguards that we do. Their methods are FAR more destructive to the environment than ours are. That's a fact...

6. Every year, the federal government leases tracts of land to oil companies so they can explore on it for oil. If enough oil is found during exploration, the company can then apply for a drilling permit which allows them to drill a well. If no oil is found during exploration, or if the amount found is not enough to be profitable the lease expires without ever being drilled on. Leases that are active, but not being drilled on does NOT mean that oil companies are being lazy, or are trying to keep the oil for themselves, etc. etc. It means they've either explored the lease for oil and found nothing, or found oil but it's not enough to justify drilling for. That's a fact...

7. it’s not Russia's fault, or China's fault, or Ukraine, or India, or Venezuela, or Iran, or Bangladesh, or any other countries' fault as to why everything is so expensive right now. It's Joe Biden's fault, because he is suppressing the domestic oil industry for political gain.
EVERYTHING depends on crude oil... but you might not know that if you believe the lies that are being told about oil and the oil industry.

~S~

 

[gipper]

If you read the article more thoroughly, you would find out that the majority of Russian oil was sent to European market. At the same time, European sanctions on Russian oil will take effect only in the end of the year.

Russian natural gas wasn't included in the sanctions list at all.

It looks like Russia is doing great economically. It appears the western imperialists have shot themselves in the foot. Dumb warmongering assholes.

Russia is not only winning on the battlefield, but are kicking ass economically too. Great job Joe and the neocons.

Russia's ruble is the strongest currency in the world this year​

The Russian ruble is the best-performing currency in the world this year.
Two months after the ruble's value fell to less than a U.S. pennyamid the swiftest, toughest economic sanctions in modern history, Russia's currency has mounted a stunning turnaround. The ruble has jumped 40% against the dollar since January.

Why the ruble recovered​

The main reason for the ruble's recovery is soaring commodity prices. After Russia invaded Ukraine on February 24, already high oil and natural gas prices rose even further.
"Commodity prices are currently sky-high, and even though there is a drop in the volume of Russian exports due to embargoes and sanctioning, the increase in commodity prices more than compensates for these drops," said Tatiana Orlova, lead emerging markets economist at Oxford Economics.
Russia is pulling in nearly $20 billion a month from energy exports. Since the end of March, many foreign buyers have complied with a demand to pay for energy in rubles, pushing up the currency's value.
Russia's ruble is the strongest currency in the world this year

Russia is winning the economic war - and Putin is no closer to withdrawing troops​

The perverse effects of sanctions means rising fuel and food costs for the rest of the world – and fears are growing of a humanitarian catastrophe. Sooner or later, a deal must be made.
It is now three months since the west launched its economic war against Russia, and it is not going according to plan. On the contrary, things are going very badly indeed.
Russia is winning the economic war - and Putin is no closer to withdrawing troops | Larry Elliott

Is America the Real Victim of Anti-Russia Sanctions?​

By misjudging the size and importance of Russia’s economy, the West might have taken steps toward its own isolation​

Remember the claims that Russia’s economy was more or less irrelevant, merely the equivalent of a small, not very impressive European country? “Putin, who has an economy the size of Italy,” Sen. Lindsey Graham, R-S.C., said in 2014 after the invasion of Crimea, “[is] playing a poker game with a pair of twos and winning.” Of increasing Russian diplomatic and geopolitical influence in Europe, the Middle East, and East Asia, The Economist askedin 2019, “How did a country with an economy the size of Spain … achieve all this?”
Seldom has the West so grossly misjudged an economy’s global significance. French economist Jacques Sapir, a renowned specialist of the Russian economy who teaches at the Moscow and Paris schools of economics, explained recently that the war in Ukraine has “made us realize that the Russian economy is considerably more important than what we thought.”
Anti Russia Sanctions Have Backfired on America

Russia becomes India’s second biggest oil exporter in May, say trade sources​

Anish Mondal - 13m ago
Russia rose to become India’s second biggest supplier of oil in May, pushing Saudi Arabia into third place but still behind Iraq which remains No. 1, data from trade sources showed.


© Provided by The Financial ExpressIn May Indian refiners received about 819,000 barrels per day (bpd) Russian oil, the highest thus far in any month, compared to about 277,00 in April, the data showed.