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<blockquote data-quote="fedx" data-source="post: 5471830" data-attributes="member: 64891"><p>You said Putin won't sell it for $60, so he won't be having Western tankers at his ports. He won't even be using his own tankers if they only want to buy it at $60 a barrel, they'll just sit in their docks. He does still have an oil pipeline to Europe, so he doesn't even need a tanker to haul it. It's going to come down to who blinks first. I'm guessing Europe will, because they will freeze to death without oil. Putin can sit back and wait it out. I mean if they are only willing to buy it at $60, he can say no. Who will be hurt worse? People freezing or Putin just sitting back and waiting? Putin has the leverage.</p></blockquote><p></p>
[QUOTE="fedx, post: 5471830, member: 64891"] You said Putin won't sell it for $60, so he won't be having Western tankers at his ports. He won't even be using his own tankers if they only want to buy it at $60 a barrel, they'll just sit in their docks. He does still have an oil pipeline to Europe, so he doesn't even need a tanker to haul it. It's going to come down to who blinks first. I'm guessing Europe will, because they will freeze to death without oil. Putin can sit back and wait it out. I mean if they are only willing to buy it at $60, he can say no. Who will be hurt worse? People freezing or Putin just sitting back and waiting? Putin has the leverage. [/QUOTE]
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