Russia and Ukraine flashpoint

[shavenferret]

BFR said:

shavenferret said:

ok, I get that.  The producer, as you are saying will get more money but the buyer/customer will spend more.  Which of these, the buy or producer do we care more about in this discussion?

Also, the producer won't be getting more profit  since Ukraine is hurting the refineries, storage depots, and distribution of the oil. The higher price is needed because of these efforts.  Gazprom or whatever just posted some horrible financial statements.  Man, i'm from Texas, and i know all about oil you can't win this i'm afraid. 

Yes, the higher the price of oil goes, the more the producer gets....But, the more likely the buyer seeks an alternate producer who has cheaper oil.

Ok, but either way, russia's oil sector isn't doing good. And the military which has to use a lot of gasoline, is going to spend more and more now that russian gas prices have gone up. Also, I'm sure you realize that the supply of oil and therefore gasoline is going down, and so that will hamper the Russian military.