State Duma Deputy Delyagin: the release of oil reserves in the US is a sign of an emergency the emergency of the situation, says State Duma deputy Mikhail Delyagin. In a conversation with “Lenta.ru” he explained that for some time this will help keep prices down, but the problems caused by the excessive enthusiasm for green technologies will not go anywhere.
Earlier, US President Joe Biden announced the release of 50 million barrels of oil from the country's strategic reserve. The decision to use strategic reserves was also made by China, India, Japan, South Korea and the UK.
Such a decision by Biden will provoke a fall in prices, but Russia is not threatened by such a situation, Delyagin is sure.
“The use of strategic reserves is a sign of an emergency. This measure to contain the rise in oil prices stems from the fact that the climate fraud addiction and the strong leap forward in the field of green technologies have plunged the West into an energy crisis. And it is impossible to restrain the rise in prices, to keep them at an acceptable level, taking into account the impoverishment of the middle class, – the deputy is sure. – This is an emergency measure. But the consequences of climate fraud will not go away from this. ”
For Russia, according to Delyagin, this is fraught with nothing. For a while, prices will indeed fall, but, according to him, not critical. Moreover, the federal budget this year was filled to such an extent that it would have survived a whole year without additional injections.
“We have accumulated 19.3 trillion rubles of unused budget. You may not receive any income for a year, and no one will notice this except the clerks of the Treasury. Of course, the stock market will drop a little too, because it always drops. But in itself, a slight drop in oil prices against the background of other problems is not fundamental for us, “concluded Delyagin.