USA vs Russia

USA vs Russia

What does one do when they can’t sleep? They do research on industry related articles…and wishes they didn’t!

EIA states the following regarding our import “ban” from Russia from March 29th.

“The President’s executive order, however, does not restrict U.S. energy imports originating in other countries that transit through Russia or depart from Russia’s ports. Crude oil exported from countries including Kazakhstan, Azerbaijan, and Turkmenistan moves through Russia’s energy export infrastructure. Crude oil from Russia can be imported into the United States if it is marketed and loaded with a certificate of origin verifying that the crude oil is of non-Russian origin.”

If you think there’s no Russian product in those tanks mixed in from neighboring countries, I have a bridge to sell you…

Happy Sunday!