RE:US, EU, G7 and Australia announce new price capAs someone who claim to invest so long, you don't think critically. Cuba and North Korea are small countries that sanctions hurt when there was vast technological differences. Russia is huge on vital resources and in an age where you cut off swift or visa, they pop up a system.
Its so crazy canada had to find loopholes to send them machinery back to them, on jow dependent Germany is on them for power.
Then the main buyer of their oil is the world most depended upon nation for manufacturing. Thus they continue to be more competitive buying cheap oil.
Not saying sanction does not have teeth but its not what it used to be l, because alternative has been and continues to be created.
Who ets hurt in the long run, North Americans. In Canada our power bill and gas bill both for heating and driving is way up and we have more oil than we need.
Then you spend months posting doom and gloom and switch all of a sudden in the last two weeks its like the headlines makes you think. Did you buy BTE, SGY, CJ, MEG, NVA, WCP in the cents range?
Hopefully you did then and made big bucks like many and was not singing these say retherotic by just going with the headlines.