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6/23/2025, 11:28:15 AM
>>508439540
>Closing the Straits of Hormuz would be a disaster for the West as the resulting price shock would wreck their already fragile economies.
but usa is big oil producer and so is russia, so it would favor you guys.
thats why you give oil subsidies.
sure, the guy at the gas pump would complain - but oil industry wouldnt, and it would be good for your public deficit, you can collect taxes from them. if you collect taxes from oil companies, instead of just giving them subsidies.
"The Russian government does not directly keep all the profits from the oil industry, but it captures a significant portion through taxes, export duties, and its ownership stakes in major oil companies. "
>Closing the Straits of Hormuz would be a disaster for the West as the resulting price shock would wreck their already fragile economies.
but usa is big oil producer and so is russia, so it would favor you guys.
thats why you give oil subsidies.
sure, the guy at the gas pump would complain - but oil industry wouldnt, and it would be good for your public deficit, you can collect taxes from them. if you collect taxes from oil companies, instead of just giving them subsidies.
"The Russian government does not directly keep all the profits from the oil industry, but it captures a significant portion through taxes, export duties, and its ownership stakes in major oil companies. "
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