Yes, a lot higher. That's what it costs Russia to extract, $42-$44 plus $10-$12 per barrel to ship. So you can see why selling it to China and India for $30 is an issue.
![]()
Russian Oil Production Among Most Expensive in World - The Moscow Times
Russia is one of the most expensive places in the world to produce oil, new analysis produced for Saudi Arabia’s state-owned oil giant Saudi Aramco has found.www.themoscowtimes.com
![]()
China And India Are Buying Russian Crude At A 40% Discount | OilPrice.com
As the EU struggles to agree upon a price cap for Russian crude, China and India are buying as much of it as they can at huge discountsoilprice.com
I don't see it as any different than Joe Biden selling our strategic oil reserves in order to help himself in the midterm elections.
For all we know, that's oil coming from some Russian strategic reserves. Surely they have them as well.
I'm not sure where your going with this.
You're acting like Washington can bankrupt the Russian federation with sanctions only a relatively modest part of the world will agree to.
I think that's a naive and arrogant perspective. There's still plenty of big economic players out there willing to trade with Russia. Some may even do it just to thumb their noses at Washington.
I read somewhere just last week that China, Russia and India are recording record levels of trade and commerce.
I just can't fathom the childishness in thinking Washington can snap it's fingers and bankrupt the Russian federation with sanctions because Joe Biden says so and the rest of the world will comply.
For fucks sake dude, they haven't managed to bankrupt North Korea much less Iran in 30 years and with one hell of alot more competent administration's than Joe Bidens.
Get some sense here man
Washington CANNOT starve Russia into compliance. You should kick yourself in the ass for believing that nonsense.
I realize Washington press corps may be saying something like that, but those are stupid , dishonest people that work for stupid downright wretchedly dishonest people.
Plus, they live in a bubble where they only hear themselves
Last edited:
