Quote:
Originally Posted by whitev70r
Question about Russian oil. I know that it's a self-serving thing of the Western world not to impose sanctions on Russian oil. On this topic alone, I'd be willing to pay more for gas if it in anyway may contribute to the end of the invasion of Ukraine. Such small sacrifice compared to what the Ukrainian people are facing.
The question is this ... is Canada not self-sufficient when it comes to oil? We have Alberta oil fields. And is the US not self-sufficient with all their Texas refinery and all? You mean there is that much oil underneath Russia to be able to sustain their own country's needs and export so much to the Western world? Find this hard to believe.
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I can't speak to the US, but we import very little Russian crude.
It's not about our access to crude, but what cutting off Russia does to the global supply. Global supply goes down, global prices go up and Canadian crude is sold at market prices.