Comments by "Hardtack \x26 Beans" (@hardtackbeans9790) on "The G7 Price Cap is Working Surprisingly Well" video.

  1. I pay a little less for gas/petrol than before the war. I think the pandemic has more to do with recessionary prices we see now than the conflict in Eastern Europe. That effect (with some immediate exceptions) will come later.
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  2. I think he said Brent is an American standard (sorry, I'm not going back to relisten) not US. Although for trading Brent is a US standard at least for trading. There are many other countries besides the US in America. WTI, Brent, Ural, and many others are just benchmarks for grades of fuel. Not all oil in US is comes from West Texas either. Almost every field has it's standard so I doubt Canada for example, uses Brent as a benchmark but they might. With so much of a mash up of different grades & benchmarks, I'm willing to cut TLDR some slack if they say one little thing wrong.
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  3. Come on . . . You guys at TLDR must have it all wrong. I have in on good authority from several troll/bots that russia has hundred of oil tankers already & soon to have thousands. They would simply use their single small pipeline to China to pump millions of barrels a day. That their old & new 'best friends without limits' would pay $150 barrel. That Orclandia would set up shipping insurance from scratch that would be accepted worldwide. You guys need to stop reporting Western propaganda. 🤣🤣🤣
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  4.  @manapany_6392  I was just going to say the bureaucracy that creates the paperwork (in triplicate) is an even more formidable force to be reckoned with.
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  5.  @damianm-nordhorn116  Hundreds of different grades of crude. The oil industry are busy little beavers assigning a field with a certain grade of petroleum. More acronyms than the military . . . Well, almost.
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