Why not take this one step further... and impose a price cap on ALL oil that comes from the Middle East, Africa and South America too?
Oh... because it won't work. :>(
The only thing that will work... is to take your foot off the neck of the North American oil & gas industry and let capitalism and the supply side fix the problem of high inflation.
I'd bet Trump could fix this in less than a year. Less than 6 months. Okay. In his first weekend he'd have the fixes in place and it would take a few months to kick in.
Prices are set by the seller, and are based on supply and demand. The seller will sell it to the highest bidder for that item. If Russia can’t sell to the U.S., then they will sell it on the open market for the highest price they can get. Once it’s sold, it can be resold several times and will probably end up in the U.S. anyway. Yelled hasn’t a clue.
Yeah, that'll really teach Russia a lesson. Price cap the valuable resource from a country under sanctions, I'm sure they'll adhere to that cap, I highly doubt they just won't sell them any at all.
Why not take this one step further... and impose a price cap on ALL oil that comes from the Middle East, Africa and South America too?
Oh... because it won't work. :>(
The only thing that will work... is to take your foot off the neck of the North American oil & gas industry and let capitalism and the supply side fix the problem of high inflation.
I'd bet Trump could fix this in less than a year. Less than 6 months. Okay. In his first weekend he'd have the fixes in place and it would take a few months to kick in.
I think he said once he would have this fixed in 30 minutes.
Communism loves “fixing things” by making the problem worse.
Prices are set by the seller, and are based on supply and demand. The seller will sell it to the highest bidder for that item. If Russia can’t sell to the U.S., then they will sell it on the open market for the highest price they can get. Once it’s sold, it can be resold several times and will probably end up in the U.S. anyway. Yelled hasn’t a clue.
Yeah, that'll really teach Russia a lesson. Price cap the valuable resource from a country under sanctions, I'm sure they'll adhere to that cap, I highly doubt they just won't sell them any at all.
Wait, is this a Tater Salad bit?! lol
well, if russia wont abide by american sanctions, we shall have to just implement MORE sanctions.
oh! that's a great word!