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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Steve203 🐝 HONORARY
SHREWD
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Number: of 84361 
Subject: Re: Good Summary: US v Iran
Date: 04/27/26 10:20 PM
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No one can accurately assess what Trump is likely to do, but he does want an off-ramp.

Are we sure about that? Did Trump the Conqueror bargain in good faith with Iran last summer, just before bombing them? Did Trump the Magnificent bargain in good faith with Iran last February, just before bombing them? Does anyone really think he is bargaining in good faith now?

Not everyone wants the oil to flow freely.

$30m an hour: big oil reaping huge war windfall from consumers, analysis finds

The conflict pushed the price of oil to an average of $100 (£74) a barrel in March, leading to estimated windfall war profits for the month of $23bn for the companies. Oil and gas supplies will take months to return to pre-war levels and the companies will make $234bn by the end of the year if the oil price continues to average $100. The analysis uses data from a leading intelligence provider, Rystad Energy, analysed by Global Witness.


theguardian.com - Big oil huge war windfall consumers

The price of oil had been in a downtrend, for about 4 years. That problem has been "fixed".

Steve

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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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