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1490wayb · 56-60, M
you are exactly right...they are a paper tiger only...the world feared them for TOOOOO LONG.
samueltyler2 · 80-89, M
@TradEmily benefitting whom? the big US fossil fuel companies, all friends of POTUS!
samueltyler2 · 80-89, M
@1490wayb they were essentially neutralized, true they did sponsor terrorism, but agreed to not go towards an atomic bomb, until that deal was abolished, then it became much worse.
ElwoodBlues · M
@TradEmily says
Yep, those sharp spikes in gas & diesel prices in Mar 2026 are NOT caused by inflation. They're caused by Iran shutting down the Strait of Hormuz. Demand for fuel is what they call "inelastic." That means world fuel prices have to go pretty high to drive world demand down by 20%.

It's interesting that renewable energy sources can be measured in equivalent barrels of oil per day. The US consumes about 20 million barrels/day of oil, plus an additional 4 million equivalent barrels from wind & solar. Every new wind & solar project is displacing more oil demand.
but prices are now going up thanks to the war right?
Yep, those sharp spikes in gas & diesel prices in Mar 2026 are NOT caused by inflation. They're caused by Iran shutting down the Strait of Hormuz. Demand for fuel is what they call "inelastic." That means world fuel prices have to go pretty high to drive world demand down by 20%.

It's interesting that renewable energy sources can be measured in equivalent barrels of oil per day. The US consumes about 20 million barrels/day of oil, plus an additional 4 million equivalent barrels from wind & solar. Every new wind & solar project is displacing more oil demand.
1490wayb · 56-60, M
@ElwoodBlues dont forget more expensive summer blend
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