'This Is Not Good': U.S. Oil Prices Surge After Russia Attacks Ukraine

Stephanie Ruhle joins Morning Joe to discuss how Russia's attack on Ukraine will impact the U.S. economy, including prices of oil, wheat and corn.

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'This Is Not Good': U.S. Oil Prices Surge After Russia Attacks Ukraine

[williamleonard]

My trading journey was a matriculation of highs and lows, literally just like the market. Any hopes of a quick resolution to tensions on the Ukraine border were dashed late on Monday,

[jonky]

That “Oil Independent” thing sure would be great right now.

[suroot]

This may sound ridiculous, but if allow remote work to remain the normal and invest in secure network infrastructure from this point forward then there could be less immediate demand for gasoline.

[stopmakingsense]

Here we go again.... They raise prices when there's no reason to. This inflationary period is corporate made and sanctioned.

[sisilessthan]

this is what happens when yall let big oil companies run energy. instead of going green and preventing this ultimately paying less in the long run, yall rather stay stuck and complain while the rich get richer.

[kevinmoton]

Oil companies couldn't wait to gouge us on this one

[gregolonious]

This won't end with Ukraine. History is a teacher, people. He will take another country if nothing is done.

[cheesewiz]

All Americans should pull their money out of the bank, to send a message to this Administration, that we don't want any part of this nonsense.

[ToowokeforFlorida]

Prices will go up because we import WHEAT AND CORN???? I’m sorry, what exactly do Nebraska and Iowa grow then?

[riandraegon]

Oh for God sakes. When are we going to get off the “oil price outrage” and first of all, realize this up and down has been going on forever and secondly, fossil fuels have to go. Wean, America, wean!

[richardlaub]

Facts...The US is the largest producer of oil and makes up 20% of all oil produced in the world. The US is the largest producer of corn. 90 million acres are planted each year and half is used as livestock feed. The US is the 4th largest producer of wheat in the world. At 47.3 million metric tons. All three (oil, corn and wheat) are exported so there is enough to supply the US. My question is, why will the prices go up if we don't use any of those products from Russia? Riddle me that Batman.

[betamagakkklowns]

"I don't see why it WOULD be Russia" - tantrum traitor 45 ✌️🥴

[blondstoner]

Sure would love to be hearing mean tweets about right now...

[jasonpaints]

Wow. Bet you wish Biden hadn't quashed the pipeline from Canada huh? Lmao

[puppetmaster]

Actually if every country could get away from oil today Russia would be on its knees. What else have they got, Lada's?

[thilomanten]

Of course Captain Bonespurs with his stable genius would have secured peace in our times. LMAO

[JKLauderdale]

We pay our farmers to NOT produce crops. Mayhaps it's time to revisit that train of thought?

[jamesmasch]

The oil companies are licking their chop$$$!!!

[reynardfoxx]

Good. This will create more incentive to develop non-fossil fuels. Until then, we'll be dependent on oil producing countries.

[ianmaidment]

Oh no we gotta pay more for gas.... people are dying... maybe it's time to make the switch to electric vehicles