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View Full Version : Exxon Quits Russian Arctic Projects Due To Cheaper Oil, U.S. Sanctions



Gunny
03-03-2018, 05:52 PM
OAN Newsroom
UPDATED 7:59 AM PT — Fri. March 2, 2018A U.S.-Russian partnership to explore and produce oil in the arctic falls apart amid heightened political and economic risks.
One America’s Kristian Rouz explains.

https://www.youtube.com/watch?time_continue=87&v=FIvl4gcQMMg

Exxon cutting its losses. Understandable. Wait for it to be politicized.

US sanctions ARE part of the reason Exxon is bailing, btw. However, so is the current cost of oil in the US.