At this point the oil cartels are holding Trump hostage. “Drill, baby, drill,” cut into their profits. So now they can cut supply and blame it on him even though Iran’s capacity for making war on anyone is lessening by the hour.
D_Ethan_Bones on
>Brent crude, the oil blend that sets worldwide prices, has jumped 24% to [over $90](https://www.investing.com/commodities/brent-oil) a barrel since Operation Epic Fury began. The highest Brent price of Trump’s second term is already impacting U.S. gasoline prices.
And then in another few weeks things will be back to normal.
Sucks to be China for the moment, but that straight is not halfway from USA to Europe nor halfway from USA to East Asia. This is a regional offense to neighbors who have also spent the past few days shooting down mullah missiles, and have largely already stated they have their own right to respond.
The solution is the same as the solution to Iranian proxies lobbing missiles at shipping elsewhere in recent history, *cut it off at the source.* Shipping was under attack long term until we changed leadership and suddenly started fighting back.
Sea_Taste1325 on
Adjusting for inflation, the price in 2008 was $226.
4 Comments
At this point the oil cartels are holding Trump hostage. “Drill, baby, drill,” cut into their profits. So now they can cut supply and blame it on him even though Iran’s capacity for making war on anyone is lessening by the hour.
>Brent crude, the oil blend that sets worldwide prices, has jumped 24% to [over $90](https://www.investing.com/commodities/brent-oil) a barrel since Operation Epic Fury began. The highest Brent price of Trump’s second term is already impacting U.S. gasoline prices.
And then in another few weeks things will be back to normal.
Sucks to be China for the moment, but that straight is not halfway from USA to Europe nor halfway from USA to East Asia. This is a regional offense to neighbors who have also spent the past few days shooting down mullah missiles, and have largely already stated they have their own right to respond.
The solution is the same as the solution to Iranian proxies lobbing missiles at shipping elsewhere in recent history, *cut it off at the source.* Shipping was under attack long term until we changed leadership and suddenly started fighting back.
Adjusting for inflation, the price in 2008 was $226.
I was 100% for Operation Epic Furry before this.
High gas prices is not a winning policy.