Re:Satellite Detects Largest Release of Methane in the World
by toss1 on Wednesday June 15, 2022 @02:24PM
(#31757117)
No.
The argument by throwaway71271's is pointless and made only as a distraction from the initial point that Russia is a petro-state heavily dependent on oil export - without those EXPORT revenues the entire state is at serious risk of collapse.
Obviously EVERY economy has many critical components that are yet a small percentage of the overall economy; your mention of food is an excellent example. These are not the question here.
The only relevant point is that the USA is not even close to dependent on it's exports of oil and gas. In fact, NatGas exports were entirely banned until recently. If all USA oil & NatGas activities were suddenly done on a nonprofit basis at cost, the economy would only shrink marginally. If Russia did the same thing, it would likely collapse on a timescale of single-digit months.
The argument by throwaway71271's is pointless and made only as a distraction from the initial point that Russia is a petro-state heavily dependent on oil export - without those EXPORT revenues the entire state is at serious risk of collapse.
Obviously EVERY economy has many critical components that are yet a small percentage of the overall economy; your mention of food is an excellent example. These are not the question here.
The only relevant point is that the USA is not even close to dependent on it's exports of oil and gas. In fact, NatGas exports were entirely banned until recently. If all USA oil & NatGas activities were suddenly done on a nonprofit basis at cost, the economy would only shrink marginally. If Russia did the same thing, it would likely collapse on a timescale of single-digit months.