by DemoralizerOfPanicans follow DemoralizerOfPanicans (9) ignore (4)
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Wow! With a -106% decrease in oil and gas production, the Russians must be stuffing oil back in the ground to unproduce that extra 6 percent.
MOSCOW, Aug 25 (Reuters) - Ukraine has stepped up drone attacks on Russian oil refineries and exporting infrastructure, striking the most important sector of President Vladimir Putin's economy to show it can fight back as the United States seeks to broker a peace deal.
The attacks disrupted Moscow's oil processing and exports, created gasoline shortages in some parts of Russia ...
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Ukrainian attacks on 10 plants disrupted at least 17% of Russia's refinery capacity, or 1.1 million barrels per day, according to Reuters calculations.
The drone war has pushed more crude towards exports from the world's No.2 oil exporter at a time Washington is pressing China and India to reduce purchases of Russian oil.
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Russia had tightened its gasoline export ban in July to deal with a spike in domestic demand even before the attacks.
There were shortages of gasoline in some areas of Russian-controlled Ukraine, southern Russia and even the Far East, forcing motorists to switch to more expensive petrol due to shortages of the regular A-95 grade.
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Russia relies on oil and gas exports for a quarter of its budget revenues, which are funding a 25% rise in defence spending this year to the highest levels since the Cold War.
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https://www.globalpetrolprices.com/Russia/gasoline_prices/?source=patrick.net
Gas in Russia is cheaper than Gas in Qatar or Bahrain or Saudi Arabia.
Unable to buy $30/lb luxury Italian Cheese, $30/bottle midrange French Wines, expensive German Audio Equipment... what will the Russians do with themselves?
Eat local cheese, drink local beer, and buy the same audio equipment from China that's on Amazon USA