Comments by "knoll" (@knoll9812) on "Russian Oil Thrives Despite European Sanctions (Here's How...) || Peter Zeihan" video.

  1. Politically difficult but economically rational would be to let Russian crude back on the market. The volume would increase and the price would drop. This would cut Russian profit. Europe could pay a 20£ per barrel tax which could go straight to Ukraine . This would knock that amount of the price that Russia would get
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  2. World needs Russian oil and therefore no embargo. The price cap us way if reducing Russian profit which is the next best thing.
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  3. The dirty refiners make money.
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  4. Opposite is true
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  5. Refineries need large volumes of water and are on the coast
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  6. Not a sanction and not mandatory
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  7.  @nicolasolton  they wouldn't. This is voluntary. If the west imports Russian oil the global market price drops everywhere. China and India are not going to support Ukraine
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  8. End of next year
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  9. Working a bit
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  10. Tobago
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  11. About a billion per refinery.
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  12. Russia has burned through 400 billion if reserves. When reserves gone the economy dives. There won't be money to buy domestic goods
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  13. India is paying Russia less for the oil than if there was no price cap in place
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  14. They have burned through 400 billion of reserves. Any economy would grow if you pump that into it
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  15. Wouldn't you?
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