12-20-2022, 09:41 AM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 26,554
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Quote:
Originally Posted by Dondilion
Another fallacy. The price of oil had more to do with spot pricing than the war in Ukraine. As a matter of fact price was rising before the war.
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Au contraire, tovarich.
Oil prices were rising globally even prior to the full escalation of the war. However, when Russia attacked Ukraine, the price of crude oil in the global market skyrocketed from around $76 per barrel at the start of January 2022 to over $110 per barrel on 4 March 2022.
https://www.gep.com/blog/mind/russia...d-gas-industry
It must get tiresome defending everything comrade Putin does. 
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