Originally Posted by
Lowslung
As repeated many times here and elsewhere; oil is a global commodity. You take a big chunk out of circulation, we all pay more. Short of the U.S. banning oil exports & nationalizing our own industry to include recalibrating our refineries or building new ones to use our own oil (not happening anytime soon), taking that oil off market will hurt everyone. The reason we de-sanctioned Iranian and Russian oil in the middle of a war was to put downward pressure on prices that were quickly becoming untenable. As usual, these issues are far more complex than an evening news sound bite or even a 3hr podcast hosted by a UFC fighter can convey.
Oh, absolutely. And it would have been far easier to just look the other way in WWI and just concentrate on Japan in WWII and let the UK and the USSR fight it out with Nazi Germany and Italy. The US sustained a lot of casualties and civilian rationing that lasted until 1946 (
https://www.nationalww2museum.org/wa...ng-during-wwii) and incurred a lot of debt that we could have avoided had we let the rest of the world just beat itself to death protected by our two big moats to East and west.
Not sure we’d have liked the result though.
“Millions for defense, not one cent for tribute.”
―
Thomas Jefferson