Energy prices soar as Russia invades Ukraine

Energy Prices Soar as Russia Invades Ukraine

RMI Supply

Russia is in trouble. Even if it defeats Ukraine, the response by governments around the globe will hit Russia’s financial institutions and petroleum industry hard. Oil and natural gas exports are Russia’s “cash cow.” Russia is one of the world’s largest producers. In 2021, it produced about 11 million barrels…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.


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