De Facto Ban On Russian Oil News Today : Breaking News, Live Updates & Top Stories | Vimarsana

banning russian oil into the united states probably wouldn t be that big of a deal for the simple reason that we don t really use much russian oil here. just 90,000 barrels per day were sent into the united states by russia in december. that s less than 2% of total u.s. oil import. the bigger question is whether or not there s outright sanctions put on russian oil. not only the united states wouldn t use it but virtually no one would be able to. our allies and europe use a lot of russian oil. that would be a bigger deal. in the meantime, people just don t know what s going to happen with sanctions. no one really wants to touch russian oil, banks, there s been this de facto ban on russian oil. that s driven up oil prices at the pump. national average up to $3.84 a gallon. highest level in a decade. 11 cents increase overnight. haven t seen anything like that since hurricane katrina in 2005. ....

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