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qainin t1_j20jx1b wrote

There is plenty of US, Saudi and Norwegian oil available.

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almostthere69420 t1_j21bnuw wrote

I’m in Alberta Canada. The 4th biggest proven oil reserves are about a 5hour drive away. And that proven oil reserve is only 65% of Canada’s oil

And the country is under 70% of perm-a frost. Wonder how much is under there we can’t see lol

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Epyr t1_j21e6nd wrote

The issue with Canadian oil is that it's expensive to refine compared to a lot of other oil sources.

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Allemaengel t1_j21lwe0 wrote

I'd certainly be willing to spend more buying oil from a friendly democratic neighbor this helping their economy than aiding a country attempting to annihilate its peaceful neighbor.

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HamRove t1_j2266ym wrote

Small Modular Reactors are going to be a game changer for Alberta if oil remains relevant for the foreseeable future. Steam extraction coupled with nuclear would be incredible.

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almostthere69420 t1_j21gu1y wrote

Well you could get cheap oil from Russia 👍

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ric2b t1_j23uaaj wrote

No thank you, gross. At least have some middleman skim most of the profits away from Russia first.

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falcon_640 t1_j221cqw wrote

Ah yes, one genocidal regime for another

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voiceof3rdworld t1_j20vk7g wrote

Then why didn't the West simply stop buying Russian oil in February last year? Obviously the supply isn't enough to last all Western countries if they don't buy Russian oil. Especially given the oil cuts OPEC plus made. If there was plenty like you say, they would have made a ban not a price cap. Now prices will increase and more money will flow into the cophers of the Kremlin basically, the west creating the opposite of its intended outcome..

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obliviousjd t1_j20y4o3 wrote

This might come as an absolute shock to you. But real life isn't a video game, production takes time to ramp up, and for the last year that is exactly what the west has been doing.

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[deleted] t1_j20zrxj wrote

[deleted]

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obliviousjd t1_j210ept wrote

Amazing, everything you just said was wrong.

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[deleted] t1_j210icy wrote

[deleted]

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obliviousjd t1_j2114a9 wrote

Seriously Google is free. Takes 2 seconds to look up global Oil Production is up. But if that's too much work for you then you can go on believing whatever narrative suits your world view.

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Radditbean1 t1_j20zo5a wrote

Russias oil price went down, it's lost 20% since Dec 2nd.

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voiceof3rdworld t1_j2114q6 wrote

Oil prices this year have been still much higher the last couple years even if they went down 20 percent. This year had a mean average of 94.07 dollars per barrell.

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