Comments by "TheGreatDane" (@thegreatdane3627) on "War, oil price cap to weigh on Russia's budget; Moscow likely to hike tax | English News | WION" video.

  1. Urals oil has been below $60 since the price cap was implemented, so it seems to work just fine :)
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  2.  @hkfoo3333  Urals oil was around $100 a barrel last summer, now it's around $55. Russia has even admitted that they will make less money in 2023.
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  3.  @hkfoo3333  you can cope as hard as you want, fact is that Urals oil has been below the price cap level since it was implemented.
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  4.  @hkfoo3333  the price was over $60 through all of 2022, until December 5. And it has been below $60 since then.
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  5.  @hkfoo3333  russia gdp 2022: -3,5%, according to russia's central bank. EU gdp 2022: 2,2% growth, according to ECB.
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  6.  @hkfoo3333  there's more than enough gas, why do you think the price keeps falling? Today's price is 47% lower than it was a year ago, which is before the war even started. And the EU is a net exporter of wheat by the way, EU is the largest food exporter in the world.
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  7.  @hkfoo3333  the amount of LNG imported from India so far is 0. Net exporter means that you export more than you import. If Europe was running out of food, we could just stop selling to other countries. My country produce enough food to feed 15M, even though the population is only 5,5M
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  8.  @hkfoo3333  it's not a bluff. If there is a shortage of something in the world, it's not going to be in Europe. It will be the poorer countries who will have to go without, because we can pay more. That's why we have enough gas in Europe, while there is a shortage in some of the poorer countries in Asia.
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  9. yeah we heard much of the same last year, and here we are with more than enough supply and falling prices.
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