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LINK Ukraine-Russia Conflict Update 3.08.22 | Reuters

▪︎Russia warns it could turn off gas pipeline to Germany. German citizens without an alternate heating source are fixing to get really cold because their politicians are in an 'EU stranglehold'.

▪︎Oil price rises as U.S. considers Russia import ban --

•••White House expected to announce Russian oil ban -- Western sanctions have already cut off Russia from international trade and financial markets. Two people familiar with the matter told Reuters that Biden would announce a ban on Russian oil on Tuesday.

•••Russia is the world's biggest exporter of oil and natural gas, and until now its energy exports had been exempted from the international sanctions.

•••Although the United States is not a leading buyer of Russian oil, its allies are likely to come under pressure to also wean their economies off Russian energy so they can raise the prices

•••The U.S. announcement will also intensify the impact of the war on a global economy already suffering supply shortages and price surges as it lurches out of the pandemic crisis. In the United States, gas pump prices have already hit a record since Russia launched the invasion.

"That's the cost of standing up for freedom and standing alongside the Ukrainian people, but it's going to cost us," U.S. Senator Chris Coons, a Democrat, told CNN. How generous they are with the money the Fed keeps printing. Its not going to cost this 'political hack' but its going to hurt US citizens already strapped by obiden's failing economy and rising inflation.

*With Buttigieg thinks pushing consumers to buy electric vehicles is the answer to rising gas prices. The issue he fails to grasp is that the power grid combustion turbines require petroleum to run and kinetic energy at this point inefficient to meet energy consumption. 🙄

▪︎Russian offensive significantly slower, says Ukraine. I wonder whether a slow pounding versus a fast pounding is the most important thing in Ukrainian's minds at the moment. 🤔

▪︎Frightened residents flee -- The United Nations human rights office said it had verified 1,335 civilian casualties in Ukraine, including 474 killed and 861 injured, since the conflict began Feb. 24. War is hell...

dd54 8 Mar 8
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JOE has announced that the U.S. will no longer buy Russian oil!!!!
JOE did NOT announce that HE would re-start pumping AMERICAN OIL, or American Pipe Lines!!!!!
SO, are YOU ready for $7.00 to $10.00 dollars gasoline???????
Here is a thought, what do you think that would do to the AMERICAN FARMER, just as they are getting ready to start Spring planting?????????? Not to mention Harvest time this fall!!!!!!!
How hungry do you think we will get???????

Serg97 Level 8 Mar 8, 2022

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