Kinda funny seeing our country that has voted to destroy its own energy reserves and gas reserves in the name of chasing to stop some mythical theory that co2 is going to kill us all and then threatening to destroy another country that doesn’t abide by the climate myth.
The US knows that sanctions on Russia failed since Russia can just hold their economy by their vast energy sector. So now they are threatening to destroy it by 2030 somehow.
Washington will pursue its sanctions policy on Russian energy “for years to come” as it seeks to halve Moscow’s oil and gas revenues by 2030, a senior US official told the Financial Times on Friday.
The US has been leading international efforts to restrict Russian oil and fuel exports since the beginning of the Ukraine conflict last year.
Explaining Washington’s policy aims, Assistant Secretary of State for Energy Resources Geoffrey Pyatt told the FT: “The goal of these sanctions is to change Russia’s behavior and to ensure that [President Vladimir] Putin is not in a position, whenever some kind of peace is achieved… to use three or four years to rearm and prepare himself and prepare his military for stage three of the Ukraine invasion.”
The EU and G7 countries imposed a $60-per-barrel price ceiling on Russian seaborne crude which bans Western firms from providing insurance and other services to shipments of Russian oil, unless the cargo is purchased at or below the set price. The mechanism was introduced in December 2022 and was intended to reduce Moscow’s export revenues. It was followed by similar restrictions in February on exports of Russian petroleum products.
While Moscow’s revenues from oil and gas sales dropped by 46% year-on-year in January after the price cap was first enforced, they have since risen dramatically, dealing a blow to Western attempts to curb Russia’s energy proceeds.
European Nations are caving since their windmills and solar panels couldn’t replace all the natural gas and oil that comes out of Russia and now they are buying it again either from Russia directly or through India.
The US is an energy independent country that chooses to not use it in the name of stopping a gas we breathe out and something that is needed for plants to live.
Russia doesn’t care that the leading Green gay country is going after their natural resources that have been beneficial to their economy and their living standards compared to what the rest of the NATO world has chosen. Unless this means Biden is going to open up the oil fields and natural gas deposits Russia doesn’t care because it makes them money.
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