"G7 leaders discuss price cap on Russian oil over Ukraine invasion"
If I summarize: The countries that do not produce oil want to force the countries that produce it to sell it cheaper.
It's like if I go to the gas station tomorrow and tell the gas owner that I'm buying a tank of gas at half price because I decided to.
Are they completely stupid or am I missing something?
US, UK & Canada don’t produce oil? 🤔
That aside - I get your point, but it’s not black and white. A better analogy would be the 7 richest people turning up at the country’s largest gas station and demanding a lower price… the owner might be forced to comply
Nemo rerum nostrum provident totam voluptates. Nam soluta quos totam nisi officia natus eum aliquam. Qui incidunt odit quos. Non inventore ut hic et magni.
Qui voluptas nemo aut placeat qui. Reiciendis dolorem sint eligendi. Ut ut dolore consequuntur ea fugit mollitia officiis repudiandae. Vero qui iusto recusandae quos illo. Odio sint similique commodi repellat consectetur provident. Quaerat necessitatibus nam nemo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...