Economic Impacts of Iran War
#1651
Gets Weekends Off
Joined: Mar 2011
Posts: 3,473
Likes: 288
From: 737 FO
it’s ok to be upset your company got bought because of the policies you and your believers championed for 2+ years. I’m sure the State of Hawaii’s increasing taxes on tourists and climate initiatives will help.
With any luck our new owner will move its HQ to a more business friendly State. WA is ranked #45..that should help with the Economic Impact of Iran
With any luck our new owner will move its HQ to a more business friendly State. WA is ranked #45..that should help with the Economic Impact of Iran
#1652
Line Holder
Joined: Aug 2022
Posts: 865
Likes: 156
A few points, one I said anyone in the US…
two, EA is a company with a board of directors and appears to be a for profit Energy advisor giving advice. I view them no different than the Harvard economists predicting a recession last year. They’ll be correct or will not. If they are not, nobody will remember they’re prediction or this summary, if they are correct they get to claim” we were right!” It’s a summary with nothing to lose and everything to gain.
three, Someone should alert CNN, ABC,NBC,CBS and MSNBC, they could really be nailing Trump since $95 isn’t the true accurate cost of how the benchmark is judged.
I would think gas at the pump would be way more if we are at those prices. The good news is we
must have been here before, roughly three years ago. I’m surprised I missed your research analysis back in 2022.
Like I’ve said, no body is excited about where gas is. But it is in no way the catastrophe you pretend it to be. And as of yet, none of you and your fellow predictions have come true. Not now and not once in the last 10 yrs
#1653
Gets Weekends Off
Joined: Mar 2011
Posts: 3,473
Likes: 288
From: 737 FO
“At the time of writing, Brent crude futures are trading in the mid-$90s per barrel. That is elevated by recent historical standards, but it is not pricing a crisis. It does not signal the kind of acute supply disruption that the physical market is experiencing.”
A few points, one I said anyone in the US…
two, EA is a company with a board of directors and appears to be a for profit Energy advisor giving advice. I view them no different than the Harvard economists predicting a recession last year. They’ll be correct or will not. If they are not, nobody will remember they’re prediction or this summary, if they are correct they get to claim” we were right!” It’s a summary with nothing to lose and everything to gain.
three, Someone should alert CNN, ABC,NBC,CBS and MSNBC, they could really be nailing Trump since $95 isn’t the true accurate cost of how the benchmark is judged.
I would think gas at the pump would be way more if we are at those prices. The good news is we
must have been here before, roughly three years ago. I’m surprised nobody mentioned this company 3 yrs ago. I wonder what they’re summary was in 2022?
Like I’ve said, no body is excited about where gas is. But it is in no way the catastrophe you pretend it to be. And as of yet, none of you and your fellow predictions have come true. Not now and not once in the last 10 yrs
A few points, one I said anyone in the US…
two, EA is a company with a board of directors and appears to be a for profit Energy advisor giving advice. I view them no different than the Harvard economists predicting a recession last year. They’ll be correct or will not. If they are not, nobody will remember they’re prediction or this summary, if they are correct they get to claim” we were right!” It’s a summary with nothing to lose and everything to gain.
three, Someone should alert CNN, ABC,NBC,CBS and MSNBC, they could really be nailing Trump since $95 isn’t the true accurate cost of how the benchmark is judged.
I would think gas at the pump would be way more if we are at those prices. The good news is we
must have been here before, roughly three years ago. I’m surprised nobody mentioned this company 3 yrs ago. I wonder what they’re summary was in 2022?
Like I’ve said, no body is excited about where gas is. But it is in no way the catastrophe you pretend it to be. And as of yet, none of you and your fellow predictions have come true. Not now and not once in the last 10 yrs
#1654
Line Holder
Joined: Aug 2022
Posts: 865
Likes: 156
Lol man, I don't know what to tell you. Look up any expert in the energy industry, they're all saying the same thing. We usually only hear about the futures price because it's almost always within cents of the physical price. That hasn't been the case since the beginning of the war. Currently the futures price is being tabled a paper price and not even in the ballpark of the physical price. Never mind that we're depleting our gasoline stores be 4-8 million barrels/week. Diesel stores by almost as much. It's going to take more than a few months to recover from that. No we're never going to run out of gas here, but other countries definitely will and we are exporting a metric s-ton right now.
And like I’ve said before, your prediction comes true I’ll remove myself from this forum voluntarily.
I’ll counter with historic patterns of the oil and gas industry. I’m not going to graph it out on my little
phone here, but historically (and adjusting for inflation from the 20-30 yr past, gas at the pump and whatever price per barrel one wants to use. ( I’m going with the easy to view $95 and not a theoretical number your EA article is trying to predict). The $3.50-$4.30 currently being paid (and $6.90 in CA) lines up with the same prices paid in 2022, Obamas years, and if I really dive into it, post 9/11 and 1991.
if I remember gas was roughly $3.00+ after 9/11. I forget what the price per barrel was… I’d be willing to wager adjusted for inflation that lines up with today’s costs.
moral of the story.. we’ve been here before sans the CNN gas price ticker. Basically what I am
saying is you are being conditioned to freak out this time because…. Well we all know why…
Ill ask one question… if by the summer, or later even, if oil is in the $70’s, and gas at the pump in normal States is back in the $2.20-$2.90 range, will you still claim I’m wrong and oil is still at $150? Because if this deal is made, oil will quickly retreat to the 80’s within a few days and gas prices will retreat a good $.040-$0.50 cents shortly thereafter, but your data says the opposite should happen..
#1655
Gets Weekends Off
Joined: Mar 2011
Posts: 3,473
Likes: 288
From: 737 FO
Exporting US oil is good.
And like I’ve said before, your prediction comes true I’ll remove myself from this forum voluntarily.
I’ll counter with historic patterns of the oil and gas industry. I’m not going to graph it out on my little
phone here, but historically (and adjusting for inflation from the 20-30 yr past, gas at the pump and whatever price per barrel one wants to use. ( I’m going with the easy to view $95 and not a theoretical number your EA article is trying to predict). The $3.50-$4.30 currently being paid (and $6.90 in CA) lines up with the same prices paid in 2022, Obamas years, and if I really dive into it, post 9/11 and 1991.
if I remember gas was roughly $3.00+ after 9/11. I forget what the price per barrel was… I’d be willing to wager adjusted for inflation that lines up with today’s costs.
moral of the story.. we’ve been here before sans the CNN gas price ticker. Basically what I am
saying is you are being conditioned to freak out this time because…. Well we all know why…
Ill ask one question… if by the summer, or later even, if oil is in the $70’s, and gas at the pump in normal States is back in the $2.20-$2.90 range, will you still claim I’m wrong and oil is still at $150? Because if this deal is made, oil will quickly retreat to the 80’s within a few days and gas prices will retreat a good $.040-$0.50 cents shortly thereafter, but your data says the opposite should happen..
And like I’ve said before, your prediction comes true I’ll remove myself from this forum voluntarily.
I’ll counter with historic patterns of the oil and gas industry. I’m not going to graph it out on my little
phone here, but historically (and adjusting for inflation from the 20-30 yr past, gas at the pump and whatever price per barrel one wants to use. ( I’m going with the easy to view $95 and not a theoretical number your EA article is trying to predict). The $3.50-$4.30 currently being paid (and $6.90 in CA) lines up with the same prices paid in 2022, Obamas years, and if I really dive into it, post 9/11 and 1991.
if I remember gas was roughly $3.00+ after 9/11. I forget what the price per barrel was… I’d be willing to wager adjusted for inflation that lines up with today’s costs.
moral of the story.. we’ve been here before sans the CNN gas price ticker. Basically what I am
saying is you are being conditioned to freak out this time because…. Well we all know why…
Ill ask one question… if by the summer, or later even, if oil is in the $70’s, and gas at the pump in normal States is back in the $2.20-$2.90 range, will you still claim I’m wrong and oil is still at $150? Because if this deal is made, oil will quickly retreat to the 80’s within a few days and gas prices will retreat a good $.040-$0.50 cents shortly thereafter, but your data says the opposite should happen..
#1656
Gets Weekends Off
Joined: Apr 2018
Posts: 3,598
Likes: 45
Product inventories showed motor gasoline down by 2.5 million barrels from a week ago, 4 % below the 5 year average for this time of year and down 2.8 % from a year ago. Distillates are down 4.1 % from a year ago.
So, while there is a draw down.....I'm not sure the sky is falling, even after 75 days of interruptions.
https://us.econoday.com/byevent?fid=...&year=2026#top
So, while there is a draw down.....I'm not sure the sky is falling, even after 75 days of interruptions.
https://us.econoday.com/byevent?fid=...&year=2026#top
#1657
Thread Starter
Prime Minister/Moderator

Joined: Jan 2006
Posts: 45,098
Likes: 788
From: Engines Turn or People Swim
Good news (for pro USA people)... Iran is now capping oil wells, due to lack of additional storage capacity to handle continued production.
Once capped it's not easy to restart production, can't just flip a switch back on (google if you want all the petro engineering technical details).
Worse (for them), the longer they stay capped, the lower the ultimate production value becomes once restarted. So they are wasting more and more of their economic future every day the blockade continues.
That tends to imply that they should want a deal. Whether they comply with the terms of the deal is another story entirely (they probably will for the duration of Trump, especially since he can easily restart the blockade in mid Nov if needed).
Once capped it's not easy to restart production, can't just flip a switch back on (google if you want all the petro engineering technical details).
Worse (for them), the longer they stay capped, the lower the ultimate production value becomes once restarted. So they are wasting more and more of their economic future every day the blockade continues.
That tends to imply that they should want a deal. Whether they comply with the terms of the deal is another story entirely (they probably will for the duration of Trump, especially since he can easily restart the blockade in mid Nov if needed).
#1658
Stop breeding entirely new generations of terrorists by killing hundreds of their children.

“We continue to assess Iran is not building a nuclear weapon and that Khamenei has not reauthorized the nuclear weapons program.” –US Intelligence Report, March 2025 https://www.dni.gov/files/ODNI/docum...ied-Report.pdf
“Iran’s key nuclear enrichment facilities have been completely and totally obliterated.” –Donald Trump, 6/21/25
“It knocked out their entire potential nuclear capacity.” –Donald Trump, 7/16/25
“It’s been obliterated.” –Donald Trump, 7/31/25
“We obliterated … the future nuclear capability of Iran.” –Donald Trump, 8/18/25
“But I also obliterated Iran’s nuclear hopes, by totally annihilating their enriched uranium.” –Donald Trump, 9/20/25
“Well, they don’t have a nuclear program. It was obliterated.” –Donald Trump, 10/13/25
“… completely obliterated Iran’s nuclear capability.” –Donald Trump, 11/11/25
“It was called Iran and its nuclear capability, and we obliterated that very quickly and strongly and powerfully.” –Donald Trump, 11/19/25
“We obliterated their nuclear capability.” –Donald Trump, 12/11/25
“We knocked out the Iran nuclear threat, and it was obliterated.” –Donald Trump, 1/8/26
“… obliterated Iran’s nuclear enrichment capability.” –Donald Trump, 1/20/26
“… achieving total obliteration of the Iran nuclear potential capability — totally obliterated.”
–Donald Trump, 2/13/26 https://www.cnn.com/2026/02/24/polit...n-trump-strike
Wimps? Any rational human should be critical of a completely self-inflicted gunshot wound to America's foot causing tangible harm to our industry, to our cost of living, and especially to the struggles of our countrymen who don't have a pilot's salary.
#1659
Line Holder
Joined: Jul 2021
Posts: 621
Likes: 47
Lol man, I don't know what to tell you. Look up any expert in the energy industry, they're all saying the same thing. We usually only hear about the futures price because it's almost always within cents of the physical price. That hasn't been the case since the beginning of the war. Currently the futures price is being tabled a paper price and not even in the ballpark of the physical price. Never mind that we're depleting our gasoline stores be 4-8 million barrels/week. Diesel stores by almost as much. It's going to take more than a few months to recover from that. No we're never going to run out of gas here, but other countries definitely will and we are exporting a metric s-ton right now. We've also just recently received the last shipments of oil from the ME, the shortages haven't really even started yet.
I mean the straight was moving 20m a day, the pipelines to bypass it are probably moving half.
Other oil producers have stepped up with capacity creep.
Did they show you that storage is being depleted due to physical supply chain disruptions from 20m a day getting stalled or global demand is higher than global supply.
How come they aren’t investing in oil futures and running the price up if they are industry experts and know what’s gonna happen.
The people who do put their money in oil futures aren’t confident they are correct and they have the same info.
Iran is actively storing oil, it will go some where when/if a deal is signed.
Oil traders think someone will blink, may trump gets a good deal maybe a bad one, but no one thinks Iran will just flare off all their stored oil either way.
Last edited by OpieTaylor; 05-06-2026 at 10:10 AM.
#1660
Line Holder
Joined: Jul 2022
Posts: 1,607
Likes: 185
From: 787 FO
The Saudi East-West pipeline system (Petroline) can transport up to 7m bpd, though in early 2026, about 2m bpd was being used, leaving some spare capacity, but the Red Sea port of Yanbu can only handle about 5m bpd. So that is an additional 3m bpd and the UAE's Abu Dhabi Crude Oil Pipeline (ADCOP) is now pumping near its max of 1.8m bpd up from its normal 1.0m bpd. So that would mean an additional 3.8m bpd or about 20% of what typically goes through the Strait of Hormuz. And if the Yanbu crude heads south it has to go by Yemen and the Houthi’s and Iran has been targeting the ADCOP Fujairah terminal.
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