Parliament has approved it. Hasn’t been ordered yet though by the supreme leader.
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Got an EV, I'll be okay. Sorry republicans, but surely you were expecting this, right? Enjoy the gas prices.
even if you have an electric vehicle, the stuff you rely on probably uses oil and gas for production, transportation, whatever.
The market seems to be betting that it's not happening.
TACO principle.
Oh boy can't wait for more inflation, war and destruction!
don't worry, it'll somehow be Biden's fault
Russia Like this! Krasnov did it again. Молодец товарищ Краснов.
$300 dollar barrel of oil in 3, 2, 1…
This must be a very difficult decision. It heavily affects China, as Irans biggest trade partner for oil, as well as the other exporting gulf states Iran tried to normalize relationships with during the last years. Oil prices will go up, Putin will benefit.
Is there a way to send that oil they Pakistan?
Thankfully there’s a price cap set for russian oil (at least by all the western countries), so not that much benefit for them. Don’t know is asian countries etc. still pay the full market price though.
Good on them for being smart about this. Doesn’t always have to be bombs. I thought Trump was supposed to be a good business man.
He's never been a good businessman.
Is that smart? The US largest export is oil. Spiking the prices is what they want too.
The US charges its people international prices and not based on local extraction costs.
It’s not the good of the people that they’re thinking of. The US people are just another market to be exploited. Imagine the profits that the producers can harvest
You mean that guy that had not one, not two, but three failed casinos?
I think it was 5 casinos and a casino holding company? Brb...
Edit:
Bankruptcies were...
1991: Trump Taj Mahal
1992: Trump Castle Hotel & Casino
1992: Trump Plaza Casino
1992: Trump Plaza Hotel (not a casino, just a hotel.)
2004: Trump Hotels & Casino Resorts
2009: Trump Entertainment Resorts. Which was a casino holding company. Not only did he bankrupt cannons he also bankrupted a company that syphons profits from casinos.
Apparently that’s good business? Haha
He failed Trump steaks!
Who fails steaks? I'm vegan, but who fails steaks???
The only way for us to leave the middle east alone is if they have the bomb. The further they are away from possession of the nuke, the more likely we are to invade and generally fuck with them.
Yes, because Russia and the US have been no trouble at all since they got the bomb.
What we need to do is stop using fossil fuels, and let the Middle East go back to being irrelevant.
go back to being irrelevant
Yeah, that was never true, just delusional and wishful thinking. The region has always been relevant that’s why the Greeks and Romans coveted it long before oil.
The Middle East was probably more culturally relevant before oil. You can't disregard an entire region of the planet because your narrative doesn't want to include them.
Billionaires don't want to stick their greasy fingers in culture though.
This will just give trump more leverage to drill on protected lands and build pipelines through communities, and seize private property in the US, to satisfy his American oil baron owners.
Unfortunately the oil we drill can't be refined here. So it doesn't matter if we drill more. We can't do anything with it without sending it east.
It's okay, kids can build and work the refineries.
The children yearn for the 'fines.
Why can't it be refined here?
I was curious, and this is what I found.
As of January 2024, there were 132 operating oil refineries in the United States with an atmospheric crude oil distillation capacity of 18,374,628 barrels per calendar day according to the U.S. Energy Information Administration (EIA).[94]
Here is a video about it. In a nutshell, the oil we are able to pump out of the ground is a much lower quality oil and our infrastructure is not setup to handle the low quality crude oil. In order be able to process it, we would need to spend billions for the infrastructure and it wouldn't make financial sense since the East processes it for so much cheaper.
This is exactly right and needs to be higher. This was either part of the plan or a welcome side effect.
So, for those watching, as usual, the cost of the war can and will fall most heavily on the poor.
The poor should rethink their vote next time
next time
Here's hoping there will even be a next time.
If the option to vote with paper is gone try lead.
$10 gasoline here we come.
Wow, never saw that coming. Not.
I really hope they do close it. Time for FAFO.
As much as I hate how this is going to affect millions in the US and Iran, and elsewhere, who are already struggling, I don't think anyone in the US will care unless it personally affects their own quality of life, so yeah, part of me agrees with you.
If the gas price skyrockets they will demand Donald's head. Nothing pisses Americans off more than not being able to use their cars.
You sure about that? This is MAGA. They will fall in line and say "if Biden didn't fuck this up in the first place.. then...blah blah"
They are all Team players. They will bend the knee like before.
Demand for his head, I doubt. They'll just call for a full invasion and taking of the strait and justify the strikes and invasion do to Iran closing it.