People (especially people on Facebook, why do I go on Facebook?) don't seem to understand globally traded commodities and the idea that the price of oil in the US is directly affected by the price of oil in Europe.
I don't bet that we import much Russian wheat but if Europe stops importing Russian wheat they'll need American wheat to make up for it... -Curt On Tuesday, March 8, 2022, 12:50:20 AM EST, OK Don via Mercedes <mercedes@okiebenz.com> wrote: Classic supply and demand - what's to be surprised about? On Mon, Mar 7, 2022 at 10:25 PM Kaleb Striplin via Mercedes < mercedes@okiebenz.com> wrote: > News just now said something about if we cut off import of oil from Russia > prices will go up even further. So these prices now are WITH Russian oil? > And if we cut it off it will obviously go up more? Or did I miss hear > this? They also said lots of grain comes from Russian and the price of > grain and flour will soon skyrocket? > > Sent from my iPhone > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > -- OK Don "Whenever you find yourself on the side of the majority, it is time to pause and reflect." Mark Twain “Basic research is what I’m doing when I don’t know what I am doing.” Wernher Von Braun 2013 F150, 18 mpg 2017 Subaru Legacy, 30 mpg 1957 C182A, 12 mpg - but at 150 mph! _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
