Defense Secretary Pete Hegseth insists “regime change has occurred” in Iran and said that the US is focused on pursuing a deal to end the war.
So count Trump in amongst those who don’t understand how global oil markets work.
Trump be running this country like he ran his casinos. He’s raping the nation like he raped children.
And he can’t just give up, file for bankruptcy and scam his way out of this mess.
Or maybe he can get MAGA to donate their money and children to fight the war.
He is trying so hard to destroy this country. I think he just might do it this year.
If so, petrol prices wouldn’t be the reason. Prices of around $10 per gallon are quite typical for the world’s top economies. While higher prices due to oil prices and due to taxes aren’t economically equivalent, higher petrol prices have numerous benefits to the economy and spur innovation in energy efficiency. The undertaxation of petrol ranks among the significant factors contributing to the stagnation of the US economy.
One has to include shortages of fertilizer, and the shortages of fuel that Asia faces now. As other experts point out, those shortages alone will result in demand collapses that will reach back to the US.
Some believe the US has already collapsed. We’re just experiencing the after shocks.
It’s looking that way.
I’m expecting a full-on financial collapse by the fall, with bank runs, etc. The U.S. was already in a precarious financial position, and oil prices aren’t coming down anytime soon. Buckle up, as 2026 is definitely going to be an interesting year in these interesting times we’re living in.
Be lucky if we make it that far.
I’m waiting for the part in the story where Trump is assassinated by Russia.
I actually still have that game, both for Xbox and PC
Why would they do that. Trump has been great for them.
A few reasons.
- Trump is old. They can only use him for so much longer.
- Trump’s death can be used to make him look like a martyr and to spin whatever crazy story they want. “AOC killed him! I saw it with my own eyes!”. He can be more useful in death than he was in life.
- Like the Russia in Shattered Union, Russia can support various successors and acquire a much more dependable puppet than Trump.
Can we surpass 2022 gas prices? I believe that trump can outperform Biden in this regard
Everyone tried to blame Biden for the spike. Wasn’t his fault that we had the worldwide whiplash in demand for fuel once Covid started to clear.
We all said rightly that the president doesn’t control gas prices, at least those of us who had half a clue how economics worked did.
I guess we were only partly right.
Because when you bomb a country that controls a passageway for 20%+ of the world’s oil and LNG placing oil shipments in a chokehold, you sure as hell affect gas prices.
Wasn’t his fault that we had the worldwide whiplash in demand for fuel once Covid started to clear.
Even that wasn’t the cause. It was the start of the Ukraine war disrupting all of Russia’s supply on top of rebounding demand and idled production elsewhere.
It was so far outside the presidents control it was hilarious, but that didn’t stop all the MAGA yahoots from putting Biden “I did that” stickers on the gas pumps.
Meanwhile the current spike is 100% completely undeniably Trumps own fault, yet everyone scrapes down the trump “I did that” stickers I keep putting up.We all said rightly that the president doesn’t control gas prices, at least those of us who had half a clue how economics worked did.
The logic is mostly sound because president’s don’t have a magic dial to control oil prices. But the logic also has sane decision making baked into it - president’s consider the effects that their actions will have on the price of oil and don’t do shit like this that will definitely increase it. Since that sanity no longer holds , the logic no longer holds .
What happened in June 2022? Bouncing back from COVID?
- Russian invasion of Ukraine 2) Summer blend
And even though all this was rather obvious, the redcap dumbasses were blaming Biden, because, well, they are really fucking stupid.
And Return to Office mandates at many places.
Seems like a variety of things contributed. The two biggest things I can see are recovery from covid meant more driving meant more gas consumption, and Russia invading Ukraine meant higher oil prices.
I see what happened here… Gas was getting very cheap, and that’s no good for the people employing the yacht builders.
Come on Taco! You can do better! I wanna see it reach the double digit!
Most pumpsbare not desigmedbto display 10s of dollars. Gonna be interesting what they come up with.
Dollars per liter? It’d be a little funny to see this be the reason for a pivot to metric. “Ooh, gas is only $3 now!”
I can’t tell what part of this story achieves the highest level of bullshit.
Wonder who we can steal it from…
Well… depends on if he wants to betray bonesaw or Putin.
I’m in the EU. Why not bomb the US and take their oil like the paedo is doing.
I don’t think you have enough bombs. The US is kinda huge…
You never know, unless you try.
