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TexasTowelie

(122,674 posts)
Fri Sep 29, 2023, 08:08 AM Sep 2023

Russian Economy Starts to Collapse as Fuel Shortages & Price Rises Cause Chaos in Russia - Joe Blogs [View all]



RUSSIA has BANNED the Export of All Gasoline & Diesel due to Chronic Shortages & Rapid Price Rises in Russia. These events are highly unexpected as Russia has HUGE reserves of oil and also operates 44 Mega-refineries. These issues have caused problems for FARMERS who are currently in the key Harvesting period for CROPS and raised concerns over Food Supplies. In this video I provide more details on the problems that Russia is now facing and also look at the impact on the price of oilm which is now rising again, on the Global Economy.

Chapters:
0:00 Intro
5:13 OIL PRICES
9:11 RUSSIAN OIL PRICES
11:07 RUSSIAN OIL REVENUE
14:08 RUSSIAN RUBLE
16:47 USA OIL STORAGE
19:02 SUMMARY & CONCLUSION
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