by Thomas Catenacci
The Daily Caller
Shell, one of the world’s largest oil and gas corporations, apologized for buying petroleum products from Russia and announced it would immediately cancel all future transactions.
The London-based corporation will immediately stop buying Russian crude oil, and it will not renew its term contracts as part of the announcement, it said Tuesday. Shell will also work in “close consultation” with governments worldwide to remove Russian volumes from its crude oil supply chain…
“While we should not be funding Putin’s war against Ukraine by buying Russian oil, the reality is that oil is a global commodity,” Steve Milloy, a former member of the Trump transition team, said on Tuesday. “So Putin will sell his oil elsewhere, like China, and global prices will continue to rise.”
“The only way out of this crisis is to unleash the US energy industry, which the Biden regime refuses to do because doing so would wreck its pointless and economically disastrous climate agenda,” Milloy said.
