Russia invades Ukraine

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I saw Forbes said we get 3.5% of our oil from Russia. Seems like we could save 3.5% if all the lead foot drivers eased off the accelator. Not to mention eliminating unnecessary idling. That could be a good grassroots effort to combat the issue with Russian oil.

Of course it seems like oil companies, speculators, etc. can still drive the price up without a change between supply and demand.
 
About half of the product we get from Russia is crude oil and the rest is partially refined oils, to be mixed with other crudes to create the right blend for a refinery. All of it can be substituted with other crudes, albeit some would be imported as well. The real effect on the market will be the competition for other crudes to replace Russian oil in countries more heavily dependent on it. As far as conservation goes, I bet my region some could save that much if we had smart traffic signals. I'm sure a gallon of every tank I burn is wasted at red lights with no crossing traffic.
 
About half of the product we get from Russia is crude oil and the rest is partially refined oils, to be mixed with other crudes to create the right blend for a refinery. All of it can be substituted with other crudes, albeit some would be imported as well. The real effect on the market will be the competition for other crudes to replace Russian oil in countries more heavily dependent on it. As far as conservation goes, I bet my region some could save that much if we had smart traffic signals. I'm sure a gallon of every tank I burn is wasted at red lights with no crossing traffic.
Limiting travel will help. Being strategic about one’s day… grocery shopping for the week, not for a day or two. The price of gas is going to naturally change peoples habits a little bit.

I read on NYT that nickel will be in high demand / short supply because it is often sourced from Russia, and this is a vital component of battery powered vehicles. So going electric may not really the tool to energy independence either.

I say find a beater hatchback and dig your heels in, buds. This ain’t gonna fix itself overnight.
 
I saw Forbes said we get 3.5% of our oil from Russia. Seems like we could save 3.5% if all the lead foot drivers eased off the accelator. Not to mention eliminating unnecessary idling. That could be a good grassroots effort to combat the issue with Russian oil.

Of course it seems like oil companies, speculators, etc. can still drive the price up without a change between supply and demand.
And they will increase their prices much more than 3-4%
 
finally... I get a little credit around here ;)

when talking about commodities, remember these are sold on international markets, with global supply and demand driving prices. so domestic prices are going to be driven at least on part by global supply and demand. so just because we don't buy much oil or wheat from Russia doesn't matter so much.

then of course there is the big corporations who will use any excuse to price gouge in the name of profits

let this be a lesson... we need NEW energy technologies... wind and solar aren't going to get the job done.

the shame of it is that they have likely been suppressed for decades
 
This is more of an information war, with the prominent winning.
It's sad.
What about the thousands of innocent people of the Donetsk and Luhansk who have been slaughtered? They petitioned Russia for help.
It doesn’t seem near as bad as it is being portrayed in MSM. If one reads between the lines, there seems to be acts put on to make it look worse than it is.
With each side having a desire to have their "story" heard - it's very unlikely to know the truth. Unless one is not only seeing what's going on in Ukraine, but thoroughly/unbiasedly investigating witnesses and evidence pertaining to events. All we're left with, is to use our discerning judgment on the perceived integrity of persons reporting.
Even if it is as bad as it may look, much more Donbas people have/are being killed, than those from the beginning of this Russian intervention.

Much can be gathered about a person by their demeanor and countenance. Watching Putin’s address about this recent Russian intervention, one can sense he’s likely speaking the truth. You don’t get a feeling he’s being phony, or is lying.

Many may dismiss this video, but at least give it a listen.
 
Of course there is some truth to what you are saying. It is difficult to discern the “truth” from our easy chairs in America. For example, a few months ago many main stream media outlets were running articles about how horrendously corrupt Ukraine is. Now, suddenly, they are a model democracy and their leader is the next Winston Churchill.

At any rate, what Putin has done is unforgivable. He likely underestimated the resistance he would face, and may have painted himself into a strategic corner. He also seems more and more detached from reality to me as a far away observer.
Much can be gathered about a person by their demeanor and countenance. Watching Putin’s address about this recent Russian intervention, one can sense he’s likely speaking the truth. You don’t get a feeling he’s being phony, or is lying.
It’s easy to look convincing when one is delusional and believes his own craziness:
George Costanza Seinfeld GIF
https://media3.giphy.com/media/j0a8...e2f6446a17d64f1b40dd8b79b8&rid=giphy.gif&ct=g
 
This is more of an information war, with the prominent winning.
It's sad.
What about the thousands of innocent people of the Donetsk and Luhansk who have been slaughtered? They petitioned Russia for help.
It doesn’t seem near as bad as it is being portrayed in MSM. If one reads between the lines, there seems to be acts put on to make it look worse than it is.
With each side having a desire to have their "story" heard - it's very unlikely to know the truth. Unless one is not only seeing what's going on in Ukraine, but thoroughly/unbiasedly investigating witnesses and evidence pertaining to events. All we're left with, is to use our discerning judgment on the perceived integrity of persons reporting.
Even if it is as bad as it may look, much more Donbas people have/are being killed, than those from the beginning of this Russian intervention.

Much can be gathered about a person by their demeanor and countenance. Watching Putin’s address about this recent Russian intervention, one can sense he’s likely speaking the truth. You don’t get a feeling he’s being phony, or is lying.

Many may dismiss this video, but at least give it a listen.
In other words, you're a sucker for Russian propaganda.
 
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