The United States is now buying more Russian oil than it did before the war in Ukraine broke out. 43 percent more every day. But what about the sanctions? They only start in two weeks. You can read more from click here.
Some people in Washington speak with both sides of their mouth, but you already knew that!
We’re losing 100,000 barrels
What happens when the sanctions take effect? We will then lose 100,000 barrels of oil per day. What does this mean if I buy gas? It could well mean you’re paying a lot more than you’re paying to fill the tank this week. A rise in the cost per gallon was already expected for the summer driving season. Also with the switch to summer blends.
Food prices will also continue to rise
Oh, and another log is thrown into the fire called inflation. The Securities and Exchange Commission will require companies to list carbon emissions along supply and production lines. When your company buys rubber from Indonesia, your bean counters need to record the carbon footprint of the supplying plantation. Click here to see some examples of how this will work and how it will increase the cost of goods and food even further.
Somehow, Biden’s White House thinks you’ll be content with all the sacrifices you have to make to save the planet. The rescue of Ukraine can wait until after April 22ndnd.
15 ways you can help people in Ukraine right now
As Americans watch events in Ukraine, many wonder how they can help. Below is a list of organizations responding to the crisis in Ukraine, along with information on how you can support their various missions.