White House officials are bracing for oil prices to surge past the $150-a-barrel mark as the Iran war stretches into its second month and the Strait of Hormuz remains largely closed, according to a new report.
In recent weeks, the average cost of a barrel of crude has hovered around $100, a figure that the Trump administration now sees as the new “baseline,” though a potential spike to $200 hasn’t been ruled out, a source familiar with the matter told Politico.
As a result, officials have entered “all hands on deck” mode, urgently evaluating options to tame soaring oil prices — which pushed gas above $4 a gallon this week and risks inflating costs across the broader economy.
Except it’s going to devastate a lot of people financially who don’t deserve it. So ireally don’t find it funny.
But if gas hits that high it will devastate rural areas and the people who voted for this
Who is it going to financially devastate? Most Americans have no investments, no savings, and no retirement. 10,000% inflation is almost as hard to deal with at 50% for people living paycheck to paycheck already. For the investors/ruling class, a free falling dollar does a lot more damage.
30% of the American public voted for these grifting idiots, not just the president, but his enablers too. This slightly disproportionately affects rural areas. We should be getting off of gas and investing in green energy anyway.
I choose to laugh. It’s better than what the people of Iran got out of it.
Man, I wonder if a better president would have come up with some kind of treaty to prevent Iran from obtaining nuclear weapons.
How many times has iran been attacked for being two weeks away from nuclear weapons in the past 50 years?
What are the chances these are all true?
in last 40 years, there were 2000 weeks. 1998/2000 or 99.9% of weeks this statement was proven false.
If this doesn’t devastate those fuckers I hope literally anything else does. They need to pay.
Pay the piper now or pay him later when the earth rises 2C over global average due to no one changing their habits.
Idle hands are the devil’s playground.