Does everyone get it that we are funding both sides in the Ukrainian War? The US has provided $16B in military assistance on one side, and paying at the pump to help fund Putin's war on the other side, thanks to our good friends, the Saudis, and their OPEC+ alliance including Russia for cutting oil production. Putin has enormous control over the European gas and oil industry and continues driving up prices on the global market. Natural gas prices are expected to rise dramatically this winter. Gas prices briefly fell to an affordable $3/gal, leading OPEC+ to cut production to drive the price back up knowing full well they can still make record profits including Russia.
Gas and oil prices are the root of the global inflation. The problem isn't going away. Putin has too much power right now, even though the Russian people are not supporting Putin over the Ukraine invasion.
Gas and oil prices are the root of the global inflation. The problem isn't going away. Putin has too much power right now, even though the Russian people are not supporting Putin over the Ukraine invasion.