So, Iran is producing 1.8 Million barrels a day, more than ever. They are about to close the strait of Hormuz, which has 30% of the world oil supply passing through it (Iranians just boarded a cargo ship openly in the Strait, just the first of many). Not to worry though, we have a Strategic Oil Reserve (Oh wait, Biden drained it to keep oil prices low). Now Russia is producing more Oil and gas than ever and China is buying it. Where will Europe get its oil and gas? Russia? Hmmmm. How much will gasoline be in a month? Do we have any business in the Middle East? Figure it out. Whether we help Israel or not is immaterial. They will take care of themselves Can we take care of ourselves? It is looking a little shaky on that.
Some good points I had not even considered
It’s going to be a disaster like everything else the resident touches
There are a lot of moving pieces and the current generation of Freepers do not seem to be aware.
Algorithms are censoring much of the internet now and current Freepers abhor foreign found information. Or cannot seem to relate it down the line to the effects on the United States.
If multiple countries are getting their people out of Israel ASAP (and they are), we are days away from really catastrophic events.
We now have the highest national debt in history of world. Interest payments will very soon be the highest item in spending, bigger than defense spending. Prepare yourself for shock and awe straight ahead. We are now Titanic sailing into huge group of icebergs.
PS Strategic Oil Reserve: Biden just said he won’t be refilling it either this past week until oil falls below $79.
Good luck with that.
Price at the pump jumped 30 cents last week but dropped 20 cents at the end of the week. Still, up 10 cents from the first of the month. Too much fluctuation so something is going on.