The amount supplied by Russia is equal to America’s consumption over 14 hours. So it’ll be way less than a cent difference. A non-sociopath would never push that button, so we have a sociopath in the oval office to push it for us.
A non-sociopath would never push that button, so we have a sociopath in the oval office to push it for us.
I think you got the process backwards, Trump doesn’t care about the diesel price. Trump started out wanting to help Russia. The whole diesel thing is just an invented setup, to give Trump a propaganda reason to bash Ukraine.
To see this realize that 1) Trump has always been openly pro-Russia, anti-Ukraine 2) the diesel price effect this will have is tiny 3) the political cost to Trump is completely disproportional to diesel price relief.
Fuel has very inelastic demand, and thus relatively small changes in supply can create big changes in price. The reason this won’t do shit is actually because it’s not changing the total global supply. And we aren’t getting a special price anyway as far as I know.
It’s not going to make any difference, even if Russia was sending enough diesel to get America through the next two years. That’s just not how commodity pricing works.
If Russia weren’t sending this diesel to the US it would be sending it to China or India. Because it’s going to the US they will have to buy the equivalent amount from the global market so demand and by extension price remains the same. This isn’t “new” diesel being added to the market, it’s just being redirected.
The only effect this has is that Russia can sell at global market price rather than having to take a discount to make it worth the buyer breaking US sanctions. It literally only helps Russia, America gets 0 benefit from this.
The amount supplied by Russia is equal to America’s consumption over 14 hours. So it’ll be way less than a cent difference. A non-sociopath would never push that button, so we have a sociopath in the oval office to push it for us.
I think you got the process backwards, Trump doesn’t care about the diesel price. Trump started out wanting to help Russia. The whole diesel thing is just an invented setup, to give Trump a propaganda reason to bash Ukraine.
To see this realize that 1) Trump has always been openly pro-Russia, anti-Ukraine 2) the diesel price effect this will have is tiny 3) the political cost to Trump is completely disproportional to diesel price relief.
the most recent one is only 2hrs.
How many dollars will this deal give Putin?
Fuel has very inelastic demand, and thus relatively small changes in supply can create big changes in price. The reason this won’t do shit is actually because it’s not changing the total global supply. And we aren’t getting a special price anyway as far as I know.
trumps trying to make his rubes/voters believe hes alleviated the diesel crisis.
It’s not going to make any difference, even if Russia was sending enough diesel to get America through the next two years. That’s just not how commodity pricing works.
If Russia weren’t sending this diesel to the US it would be sending it to China or India. Because it’s going to the US they will have to buy the equivalent amount from the global market so demand and by extension price remains the same. This isn’t “new” diesel being added to the market, it’s just being redirected.
The only effect this has is that Russia can sell at global market price rather than having to take a discount to make it worth the buyer breaking US sanctions. It literally only helps Russia, America gets 0 benefit from this.