this post was submitted on 24 Aug 2024
1077 points (97.2% liked)

Memes

45893 readers
2106 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] explodicle@sh.itjust.works 13 points 4 months ago (1 children)

FWIW prices are really high now here in America too, and we weren't relying on Russian oil.

[–] BeardedGingerWonder@feddit.uk 1 points 4 months ago (1 children)

Oil has a single price on the global market, doesn't matter if you're in the US or Europe.

[–] xthexder@l.sw0.com 4 points 4 months ago* (last edited 4 months ago)

As it turns out, moving oil across the ocean is really expensive. Even if you can buy oil at the same price in the US and Europe, it's still cheaper to buy it locally and not have to deal with moving it.