Biden stopped the importation of Russian oil in 2022.
Today, Ukraine is absorbing much of the cost of the West’s hunger for Russian energy, but its people won’t be the last to suffer for our delusions.
www.msnbc.com
Data shows that Russian fossil fuel revenues are three times higher than aid allocated to Ukraine.
www.bbc.com
It's worth remembering how Ronald Reagan took down the Bolshevik empire – without firing a shot. His key weapon? Oil. As Michael
Reagan put it, "He did it without firing a shot, as we know, but he had a super weapon -- oil.
Today, President Trump aims to cut global oil prices, specifically targeting putin's Urals
crude, potentially driving it below $30. The implications are clear: the Moscow empire will not survive his term.
Back in the 1980s, a similar strategy played out. Saudi Arabia ramped up oil production from 2 million to 10 million barrels per day. This flooded the market, causing prices to plummet from $32 to $10 a barrel. For Bolshevik empire , heavily reliant on high oil revenues, this was a devastating blow. In 1986 alone, they lost over $20 billion – about 7.5% of their annual income – and their budget was already in deficit.
While this hurt Saudi Arabia's economy in the short term, it appears the US provided financial backing. As one source suggests, then-CIA Director Casey offered financial reparations to the Saudis. This is supported by the fact that in 1986, 80% of Saudi oil was sold through American companies like Exxon, Mobil, Texaco, and Chevron.
The result was that the Bolshevik empire was plunged into a deep recession. The already fragile, centrally planned Bolshevik empire´s economy couldn't handle the shock. The USSR's foreign debt soared from $30 billion in 1986 to $50 billion by 1989.
Eventually, oil prices recovered, reaching profitability for Saudi Arabia in the early 2000s. But by then, they had likely amassed substantial sovereign wealth funds from the high-price 1970s. The US, meanwhile, profited handsomely. In 1986, gas stations in America were practically giving away gasoline as a promotion.
This oil price collapse was a major factor in the US victory in the Cold War. The resulting economic hardship forced Bolshevik mafia boss Mikhail Gorbachev to make unpopular political concessions. His attempts at reform (his
empire ) were doomed by a lack of funds. Gorbachev's rhetoric fell flat with an increasingly impoverished population, who demanded accountability. This paved the way for anti-colonial harsh criticism of the entire Bolshevik imperial system. By the late 1980s, the collapse of the Bolshevik empire was inevitable.
Many people don't grasp the strategic
Reagan´s game that Trump is playing against putin´s Moscow empire. Today, Brent crude is around $62 a barrel, while Urals is much cheaper. And as reported before, "Saudi Arabia is ready to reduce oil prices to $50." Remember, the USSR's imperial economy collapsed when oil prices fell to $15-23 a barrel, and the
Moscow empire's budget is unsustainable below $42.4.
