$110/bbl oil 12 hours before the US markets even open isn't "barely a blip" my dude. All the "experts" were saying $100 this week. Try $200. Maybe ten days before $10/gal gas?
If the world is so cucked that it will give a terrorist regime free rein to fuck with oil prices after only a week when they don't even have a nuclear weapon, the world deserves whatever it gets.
How will Europe or China or Russia be able to do anything here? The US still has the massive stockpiles of Oil and the only refineries that can handle Venezuelan oil. Plus only shipping channels to Asia or Europe.
Why do you think the world has tolerated Iran's shit for this long?!?!?!?! There's nothing that could be done - as the world's half-wit population is suddenly realizing.
It ends with Iran free and renamed Persia. Fuck the world
Trump has made it very clear that he doesn't give two shits about people complaining about oil prices, and all the members of his cabinet are on the same page.
I don't like higher gas prices. But I can deal with it. Plus, Winter is about over.
Summer blend/spring time usually means higher gasoline prices anyway, bit later than March I guess though. May-ish, so this might be pretty bad for awhile.
Some US allies will begin looking to further diversify their friendships/alliances so they don't find themselves waking up 10 or 20 years from now caught between the US and some other shitty foreign power. Some nations may grow closer to the US simply because they fear our mercurial nature. Unless we end the Iranian regime as it stands now, I can't imagine all this doing good for us. Then again, we fucked over Iraq and fought decades long wars without collapsing or losing all our allies. We even built stronger relations with some so IDK. ¯\_ (ツ)_/¯
Maybe. If it goes to 5 a gallon where I live, then I will start to be annoyed. But it won't be a deal breaker. Still worth it to see the Revolution burn.
The entire premise of the petrodollar is that the world tolerates our bullshit so long as we guarantee the free flow of oil. Well Trump has just proven to the world that we can no longer do that. Russia and China can though. Their ships can transit. There is now exactly ZERO reason for any middle-eastern country to host us now or even pretend to like us. The true puppets will now face overthrow because again we are now impotent in the eyes of the Arab world and can protect nothing.
Because despite their constant threats, they didn’t actually fuck with the flow of oil.
I guess it proves that you can still beat the surveillance state by just dressing up like the riddler.
Let's say no one does anything, and they eventually develop those nukes they bragged about being away from finishing. Should we all just admit defeat, throw up our hands, and say "They won the games, folks. Guess they were lucky to spawn in the oil area"?
I'm not talking about gas prices so much as I am the entire global financial system as we all know it. It's all based on the US guaranteeing shipping. That's what has allowed us to run up $40 TRILLION in debt and still eat. I don't think it's quite sinking in what that means.
It'd be nice, but probably won't happen. Iran just elected Khameni's son as new leader and he's pretty pissed off since his wife and dad were killed.
Not that concerned. I've heard this all before.
Ollie the Weatherman voice: "SHE DEAD!"
