The United States is buying more Russian oil today than it did before the war broke out in Ukraine. To the tune of 43 percent more on a daily basis. But what about the sanctions? They don’t start for another two weeks. You can read more by clicking here.
Some people in Washington talk out of both sides of their mouths, but you already knew that!
We’re Losing 100,000 Barrels
What happens when the sanctions kick in? We will then lose 100,000 barrels of oil a day. What will that mean when I go to buy gas? It well could mean you’ll pay a lot more than you’re paying to fill up the tank this week. An increase in the cost per gallon was already expected for the summer driving season. Also with the switch to summer blends.
Grocery Prices Will Also Keep Rising
Oh, and another log is getting tossed onto the fire called inflation. The Securities and Exchange Commission will be asking companies to list carbon emissions all along the lines of supply and production. If your company buys rubber from Indonesia, your bean counters will need to tally the climate footprint of the supplying plantation. Click here to see some examples of how this will work and how it’s going to add even more to the cost of goods and groceries.
Somehow, Biden’s White House believes you’ll be fine with all the sacrifices you’re being asked to make because you want to save the planet. As for saving Ukraine, that can wait until after April 22nd.
15 Ways You Can Help People in Ukraine Right Now
As Americans watch events unfold 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.