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Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine 

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  #1  
Old 12-19-2014, 07:38 PM
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Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine

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Ottawa (AFP) - Canada announced Friday fresh sanctions on Russia over its support for rebels in Ukraine, targeting 20 Russian politicians and Ukrainian separatist leaders as well as Russia's oil and gas sector.

This 13th round of sanctions in collaboration with allies comes after Russian President Vladimir Putin showed no willingness to change tack on Ukraine.
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Canadian Foreign Minister John Baird insisted, however, that the West's stiffening sanctions are working.

"There is no doubt that collectively the sanctions have been effective," Baird told a press conference, vowing more will follow.

The new travel bans impact mostly members of the Russian State Duma, the Russian lower house of parliament, and ministers of the self-declared Donetsk People's Republic in eastern Ukraine.

Ottawa also introduced restrictions on the export of technologies used in Arctic, as well as deep water and shale oil explorations and extraction to Russia.

http://news.yahoo.com/canada-slaps-s...211157838.html

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Old 12-19-2014, 09:59 PM
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Re: Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine

Canada has it's own reasons to fear Russia

Once the arctic is fully thawed, there's all kinds of resources under there......

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Old 12-19-2014, 10:01 PM
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Re: Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine

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Originally Posted by rob666 View Post
Canada has it's own reasons to fear Russia

Once the arctic is fully thawed, there's all kinds of resources under there......
And vice versa.

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Old 12-19-2014, 10:45 PM
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Re: Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine

I filled up my Jeep at $0.93L today. I don't remember seeing gas prices this low before.

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Old 12-19-2014, 10:48 PM
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Re: Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine

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I filled up my Jeep at $0.93L today. I don't remember seeing gas prices this low before.
It's even cheaper here.. $2.50 a gallon or $0.66L.

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Old 12-19-2014, 11:05 PM
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Re: Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine

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It's even cheaper here.. $2.50 a gallon or $0.66L.
Your gas is actually cheaper than bottled water.

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Old 12-19-2014, 11:08 PM
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Re: Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine

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Originally Posted by mr black View Post
I filled up my Jeep at $0.93L today. I don't remember seeing gas prices this low before.
Back in 09 it was around 60c/litre for a while...... Oil bottomed out around $30 a barrel or so.

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Old 12-19-2014, 11:11 PM
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Re: Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine

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Back in 09 it was around 60c/litre for a while...... Oil bottomed out around $30 a barrel or so.
Back in 99 it was $1/gal or $0.27/L.. But with inflation it's about $1.65 in todays money. It's expected to get down almost to $2/g.

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Old 12-19-2014, 11:12 PM
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Re: Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine

Quote:
Originally Posted by rob666 View Post
Back in 09 it was around 60c/litre for a while...... Oil bottomed out around $30 a barrel or so.
Where do you live where it was 60 cents a litre? Wow!

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Old 12-19-2014, 11:14 PM
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Re: Canada Slaps New Sanctions on Russia Oil Sector Over Ukraine

Quote:
Originally Posted by rob666 View Post
Back in 09 it was around 60c/litre for a while...... Oil bottomed out around $30 a barrel or so.
2008 but close enough..


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