Russian Oil Import Ban

[bdhsfz6]

Fox News reported on a Quinnipac survey that claims 71% of Americans support a ban on Russian oil imports, even if it meant higher fuel prices.

Most Americans back banning Russian oil even if domestic gas prices jump: poll

A new national poll indicates that most Americans back the banning of Russian oil imports even if domestic gas prices jump higher

www.foxbusiness.com

Since those involved in agriculture would be hit hardest by higher fuel prices, how do those here feel about this?

 

[IH3444]

The Chinese will buy their oil, we in turn will continue to buy Chinese products, so indirectly we will still be buying Russian oil, and supporting the Russian war against Ukraine.

 

[newbury]

Since those involved in agriculture would be hit hardest by higher fuel prices, how do those here feel about this?

Most here are only partially involved in Agriculture.

 

[sea2summit]

We have plenty of oil if we'd use it. Alaska pipeline is already built and paid for and operates at only about 25% of historical rates and never pumped 100% capacity. I'm sure there are many other sources not even close to capacity.

 

[workinonit]

The kicker is that there is absolutely no need for higher fuel prices or shortages anywhere with or without Russian oil. This is all self inflicted.

 

[CloverKnollFarms]

The ban will be announced at 1045am.
We could be energy independent. We choose not to be. Any increase is of our own making.

 

[jyoutz]

We have plenty of oil if we'd use it. Alaska pipeline is already built and paid for and operates at only about 25% of historical rates and never pumped 100% capacity. I'm sure there are many other sources not even close to capacity.

A few years ago, the Interior Department offered lots of oil leases on the northern slope of Alaska. No oil companies bought the leases because production costs are too high in Alaska. Maybe the economics have changed, but there’s still cheaper oil fields in the lower 48 to produce.

 

[jyoutz]

The kicker is that there is absolutely no need for higher fuel prices or shortages anywhere with or without Russian oil. This is all self inflicted.

When we started exporting oil a few years ago, it became priced on the world market, not just based on US supply and demand.

 

[sea2summit]

A few years ago, the Interior Department offered lots of oil leases on the northern slope of Alaska. No oil companies bought the leases because production costs are too high in Alaska. Maybe the economics have changed, but there’s still cheaper oil fields in the lower 48 to produce.

No argument but compared to slave or near slave labor anywhere in the US is more expensive which is one reason why we do what we do, over regulation is the other. But on the other hand what would it do to inflation if we spent all our money here? If there were "American made" gas stations I'd go out of my way to patronize them.

 

[Rockbadchild]

dark times for the agriculture industry ahead, if that collapse, everything collapse. This is directly link to politics so can't elaborate on the subject but Canada has 10% of the world reserve rank in third and Russia as 5%, somebody need to take action and this problem goes away.