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EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply

 
Anonymous Coward
User ID: 80468498
Cyprus
12/03/2022 12:16 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Wait.. Theyre gonna vote on what price they're willing to pay for RUSSIAN oil ( ya know...hitler) ??



Ok. I see vlad taking an easy NOPE





Invading Europe in 1 year after society breaks down.



Crazy
 Quoting: Anonymous Coward 78213656


Forget it. Zerohedge is a Bulgarian run disinfo and economic doom outlet for the Kremlin.
 Quoting: Anonymous Coward 80458326


Fuck NATO.

Germany and Italy need to make their security and trade deal directly with Russian.

And that is what is going to happen.

Europeans have figured out this fucking useless war in the Ukraine is going to kill the Europe economy for a generation.

For what? Horse shit. Russia is hardly and existential threat to anyone in Europe.

If we can make trade deals with Communist China without moral angst, we can deal with Russia.
Anonymous Coward
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United States
12/03/2022 12:16 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
I wish the USA was a free market economy. I would be buying $1.50 Russian gas without a care in the world about Ukraine. Let us vote with our money. Those who support Zelensky can pay $4 a gallon and wear a Ukraine pin.
Anonymous Coward
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United Kingdom
12/03/2022 12:29 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
chilly

byekitty

laugh
Anonymous Coward
User ID: 80780825
United States
12/03/2022 12:30 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Wait.. Theyre gonna vote on what price they're willing to pay for RUSSIAN oil ( ya know...hitler) ??



Ok. I see vlad taking an easy NOPE





Invading Europe in 1 year after society breaks down.



Crazy
 Quoting: Anonymous Coward 78213656


Forget it. Zerohedge is a Bulgarian run disinfo and economic doom outlet for the Kremlin.
 Quoting: Anonymous Coward 80458326


Yep, and we’ve seen the same disinfo before from them.
Anonymous Coward
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12/03/2022 12:37 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Oh shut up with the how dare the EU. OPEC sets prices by setting production quotas (Russia is part of OPEC). Go ask American Oil and Gas companies on how they fair with OPEC.
 Quoting: Anonymous Coward 84852483


Russia is not an OPEC member you moron.
Anonymous Coward
User ID: 75351566
Canada
12/03/2022 12:59 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Oh shut up with the how dare the EU. OPEC sets prices by setting production quotas (Russia is part of OPEC). Go ask American Oil and Gas companies on how they fair with OPEC.
 Quoting: Anonymous Coward 84852483


Russia is not an OPEC member you moron.
 Quoting: Anonymous Coward 84872533


Yes, Russia is not part of OPEC, but OPEC sets prices and Russia sells just under those prices (discounted), and are very happy to do so.

I wonder how fucken stupid the Eurotards are sometimes?
Anonymous Coward
User ID: 84135322
United States
12/03/2022 01:17 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
How come in almost every single white country on earth the people need to show up to gov offices and homes and drag those fucks naked into the streets.

Seems pretty amazing that would be the case for so many different countries.

Then after the gov puppet rats get hung the same thing needs to be done to the 3 biggest media companies in each country.

Then on to the next and the next and the next its to many to list at this point.
JustmeTX

User ID: 84369183
United States
12/03/2022 01:35 AM

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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
The level of stupidity is truly mind blowing.

The EU can't dictate the market price of oil, no matter how much they whine, scream and virtue signal.

Supply and demand sets the price.

And the EU controls neither. LOL. Fucktards!
Justme
ThePaleOne
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User ID: 63060957
Austria
12/03/2022 01:37 AM

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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Just when finally fuel prices went down a bit.
Great job Brussels.

Thankfully this Monday my delivery of Diesel (100% mineral) will arrive.
Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
Anonymous Coward
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Canada
12/03/2022 01:43 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
The level of stupidity is truly mind blowing.

The EU can't dictate the market price of oil, no matter how much they whine, scream and virtue signal.

Supply and demand sets the price.

And the EU controls neither. LOL. Fucktards!
 Quoting: JustmeTX


Very true, i've been here on GLP for over 20 years, the stupidity in the last couple of years is off the charts, no joke.
Anonymous Coward
User ID: 84873898
Australia
12/03/2022 01:54 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
maybe instead of planning mass genocide events because russia wont sell cheap oil, we should just adjust our lifestyles to live with less of this precious and finite resource?
 Quoting: Anonymous Coward 80364149


Citizens in north america burn double the oil per capita
Compared to the rest of the world .
Oil is neither precious noe finite .
You really need to shut the trap .
Anonymous Coward
User ID: 84516296
United States
12/03/2022 02:48 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Don't know id anyone has said it yet.

Get ready for gas prices taking a flying leap, to the moon. We're goin' back to the moon!

Does anyone remember when they started talking about this about 8-9 months ago. They said it would push oil to 120-130 or so.
Anonymous Coward
User ID: 82738869
United States
12/03/2022 02:51 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Wish in one hand
Anonymous Coward
User ID: 78767898
United States
12/03/2022 02:55 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
when they drop production, those wells will start freezing, then the pipelines will freeze too.
The damage will need high tech services to bring them back to life by halliburton and schlumberger who are not there anymore.

When they come back it could take 30 years to revive.
That is what happened after the collapse of ussr
Anonymous Coward
User ID: 68231643
Canada
12/03/2022 02:56 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
The level of stupidity is truly mind blowing.

The EU can't dictate the market price of oil, no matter how much they whine, scream and virtue signal.

Supply and demand sets the price.

And the EU controls neither. LOL. Fucktards!
 Quoting: JustmeTX



cruise


The Eurocucks have no control over anything.


Russia has stated that it will not sell any oil/gas to unfriendly nations who try to impose price caps.


India, China, etc.... will happily take what's no longer sold to the Eurocucks, and at a discount to market price, just to rub it in!!!


Retards gonna retard
Anonymous Coward
User ID: 78767898
United States
12/03/2022 02:56 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
maybe instead of planning mass genocide events because russia wont sell cheap oil, we should just adjust our lifestyles to live with less of this precious and finite resource?
 Quoting: Anonymous Coward 80364149


Citizens in north america burn double the oil per capita
Compared to the rest of the world .
Oil is neither precious noe finite .
You really need to shut the trap .
 Quoting: Anonymous Coward 84873898


i always wanted to visit asstralia
awkland is beautiful
Anonymous Coward
User ID: 68231643
Canada
12/03/2022 02:57 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
when they drop production, those wells will start freezing, then the pipelines will freeze too.
The damage will need high tech services to bring them back to life by halliburton and schlumberger who are not there anymore.

When they come back it could take 30 years to revive.
That is what happened after the collapse of ussr
 Quoting: Anonymous Coward 78767898



Wrong.


Educate yourself. Grasp reality.
Anonymous Coward
User ID: 84516296
United States
12/03/2022 02:58 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Don't know id anyone has said it yet.

Get ready for gas prices taking a flying leap, to the moon. We're goin' back to the moon!

Does anyone remember when they started talking about this about 8-9 months ago. They said it would push oil to 120-130 or so.
 Quoting: Anonymous Coward 84516296


Of course I'm talking oil here.

EU demands $60 price, Putin refuses, EU then wants oil from everybody else at the going rate, which will be going up, up, and away.

Where do you think our strategic reserve oil went?

Who is going to blink first?

Who is going to pay?

If the EU sticks to their plan very long, we're going to have $10 gas. Maybe.
Anonymous Coward
User ID: 84516296
United States
12/03/2022 02:59 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Don't know id anyone has said it yet.

Get ready for gas prices taking a flying leap, to the moon. We're goin' back to the moon!

Does anyone remember when they started talking about this about 8-9 months ago. They said it would push oil to 120-130 or so.
 Quoting: Anonymous Coward 84516296


Of course I'm talking oil here.

EU demands $60 price, Putin refuses, EU then wants oil from everybody else at the going rate, which will be going up, up, and away.

Where do you think our strategic reserve oil went?

Who is going to blink first?

Who is going to pay?

If the EU sticks to their plan very long, we're going to have $10 gas. Maybe.
 Quoting: Anonymous Coward 84516296


Our oil.. jeesh.
Concorde Warrior F-BVFA

User ID: 84424473
France
12/03/2022 03:00 AM

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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Man, these Eurocucks are fucking stupid.
Every single move they make only strengthens Russia and weakens Europe.
 Quoting: Anonymous Coward 68250052



Why would the E.U. determine the sales price for Russian oil? It's not their oiil to decide.

Russia can sell their oil at whatever price they decide. If they don't agree to the price, cut them off.

If not to the E.U. they can sell it to India, or China or Japan or who ever wants to buy it.

Fuck the E.U.


Idol1
I came. I saw. I Concorde.

For once you have tasted Concorde you will walk the earth with your eyes turned skywards, for there you have been and there you will long to return.

"I would say today we can integrate all religions and races EXCEPT ISLAM."
Singapore's founding father Lee Kuan Y ew
Anonymous Coward
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United States
12/03/2022 03:01 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Man, these Eurocucks are fucking stupid.
Every single move they make only strengthens Russia and weakens Europe.
 Quoting: Anonymous Coward 68250052



Why would the E.U. determine the sales price for Russian oil? It's not their oiil to decide.

Russia can sell their oil at whatever price they decide. If they don't agree to the price, cut them off.

If not to the E.U. they can sell it to India, or China or Japan or who ever wants to buy it.

Fuck the E.U.


Idol1
 Quoting: Concorde Warrior F-BVFA


they have no means of delivery dipshit
Anonymous Coward
User ID: 84516296
United States
12/03/2022 03:02 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Don't know id anyone has said it yet.

Get ready for gas prices taking a flying leap, to the moon. We're goin' back to the moon!

Does anyone remember when they started talking about this about 8-9 months ago. They said it would push oil to 120-130 or so.
 Quoting: Anonymous Coward 84516296


Of course I'm talking oil here.

EU demands $60 price, Putin refuses, EU then wants oil from everybody else at the going rate, which will be going up, up, and away.

Where do you think our strategic reserve oil went?

Who is going to blink first?

Who is going to pay?

If the EU sticks to their plan very long, we're going to have $10 gas. Maybe.
 Quoting: Anonymous Coward 84516296


Our oil.. jeesh.
 Quoting: Anonymous Coward 84516296


Still might not happen.

They were "nearly reaching an agreement" in March or so, then pushed to October, and here it December and they're nearly to an agreement, again.
Fhirinne

User ID: 79463692
United Kingdom
12/03/2022 03:06 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Its about time the peoples joined together and told our stupid gov to FO.
You are the CEO of your own wellness. You need to take back your health from the disease-care system
Vigilo ex Umbra

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Netherlands
12/03/2022 03:07 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Man, these Eurocucks are fucking stupid.


Every single move they make only strengthens Russia and weakens Europe.
 Quoting: Anonymous Coward 68250052



As if the brightest political- and strategic intellectuals have planned it…

ANNIS RELIQUIT XXI
Concorde Warrior F-BVFA

User ID: 84424473
France
12/03/2022 03:08 AM

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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
they have no means of delivery dipshit
 Quoting: Anonymous Coward 78767898


What means of delivery? Could you be more clear?

You should stop calling registered members names, for one.

burnit
I came. I saw. I Concorde.

For once you have tasted Concorde you will walk the earth with your eyes turned skywards, for there you have been and there you will long to return.

"I would say today we can integrate all religions and races EXCEPT ISLAM."
Singapore's founding father Lee Kuan Y ew
Anonymous Coward
User ID: 84135322
United States
12/03/2022 03:20 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
they have no means of delivery dipshit
 Quoting: Anonymous Coward 78767898


What means of delivery? Could you be more clear?

You should stop calling registered members names, for one.

burnit
 Quoting: Concorde Warrior F-BVFA


He obviously means that there is no way for other countries to get oil from Russia. Atleast anywhere near the amount needed.
Anonymous Coward
User ID: 11646200
United Kingdom
12/03/2022 03:21 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
Man, these Eurocucks are fucking stupid.


Every single move they make only strengthens Russia and weakens Europe.
 Quoting: Anonymous Coward 68250052


It's what they want, otherwise how will they "build back better" as they say.
Anonymous Coward
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United States
12/03/2022 03:30 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
"A far harsher, separate EU embargo on Russian crude traveling by sea or via pipeline is set to take effect on Dec. 5, in an attempt to financially curtail Moscow’s war effort.

American negotiators worry that the EU embargo, combined with the threat of cutting off insurance and other services for vessels shipping Russian oil, will send crude prices upward, unintentionally boosting the Kremlin’s revenue.

The White House hopes that the price cap will encourage the EU to relax its draconian plan to completely ban the importation, financing, and insuring of Russian oil shipments."



So that makes two reasons for oil prices to go up.

EU price embargo

Cutting off insurance and services to Russian vessels.
Anonymous Coward
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United States
12/03/2022 03:47 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
[link to www.zerohedge.com (secure)]


FRIDAY, DEC 02, 2022 - 11:03 AM
The European Union reached a deal on Friday to cap Russian oil at $60 a barrel, paving the way for G7 nations to launch an 'unprecedented mechanism,' as the Wall Street Journal reports.


The move came after overcoming a last-minute push by Poland to lower the cap, for which the European Commission had originally proposed between $65 and $70 per barrel. In short, the EU came down to Poland's price, which had become a point of contention for more than a week.
 Quoting: Anonymous Coward 80638402


I have not studied this as closely as other issues, but I have trouble identifying any leverage that the EU has over Russia. When that is the case, this kind of rhetoric ends up being symbolic and <wait for it...> idiotic.
Anonymous Coward
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Poland
12/03/2022 04:29 AM
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Re: EU To Set $60 Price Cap On Russian Oil; Kremlin Vows To Ignore, Cut Supply
bumpbumpbump





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