This is not the first time that Trump has claimed a quick resolution to the Russian-Ukrainian war. He believes that the key factor for this is the price of oil. According to his estimates, if the price per barrel is around $40, Russia will not be able to sustain its military forces.
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by Prior-Case58
10 comments
Thick as mince.
Anyone who thinks trump is doing maths is crazy. Maybe his team are but he surely isn’t.
“USA to subsidize world oil prices, guaranteeing a ceiling of $40 and sending trillions of USD to India and China”
Easy peasy lemon squeezy check mate.
I wonder how absurdly low oil prices would affect ongoing green energy projects.
That actually sounds like a reasonable tactic.
The US could suppress the oil price artificially to pressure Russia, but that would cost hundreds of billions.
What is the source of this?
I highly doubt the OPEP+ will allow this, they will cut the oil production and stop the exporting. The US would spend crazy amout of money by doing it. Is cheaper to send more guns to Ukraine and put political and economic sanctions
At $40 per barrel American domestic production is not viable. This would decimate the oil patch with the only winner being Saudi Arabia, although they can’t sustain $40 for long due to the social programs in-country that are supported by oil revenue.
*”The oil glut of the 1980s, which followed the 1979 oil price shock, was a direct contributor to the collapse of the Soviet Union in 1991.”*
Took a while to really kick in, but it would fix Iran too.
Did he actually say this? Because I agree with it, and I fucking hate agreeing with that asshole.
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