Economic Impacts of Iran War
03-21-2026 | 12:05 AM
#331
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Joined: Oct 2024
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If I remember right, weren’t we energy independent not too long ago?
03-21-2026 | 04:14 AM
#332
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Joined: May 2022
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Ukraine was invaded by a neo-imperialist Russia, and oil and trade sanctions drove up global oil prices (worse in EU).
Iran has been launching ranged attacks at GCC refineries and sinching oil supply routes with threat of destruction to oil barges. These countries are retaliating with similar targeted strikes to Iran's refineries. This drives up global prices (worse in Asia) because of physical, nearly irreprable damage to gas producing infrastructure. Oil sanction on Iran have been in place since 2006.
If we can't agree on these factualy unbiased differences regardless of support for our attack or not there is no room for discussion.
03-21-2026 | 04:29 AM
#333
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Joined: Oct 2009
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in truth the USA hasn't since the 1960s produced enough crude oil to meet the demand of refineries.
example: 2025 crude oil extracted was about 13.4 million barrels per day. Refinery demand was about 16.5 mbd. A shortfall of crude oil that was just overv3 mbd.
Most of that shortfall is covered by imported oil from Canada.
03-21-2026 | 04:49 AM
#336
Gets Weekends Off
Joined: Nov 2020
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From: Enoch Powell Enthusiast
Remember 8 months ago when the Iranian nuclear program was “obliterated”, tariffs would raise so much revenue everyone was going to get a $2,000 stimmy check PLUS income tax was going to be eliminated because of DOGE cuts and tariff revenue?
I’m beginning to think my government and its media organs aren’t entirely trustworthy.
I’m beginning to think my government and its media organs aren’t entirely trustworthy.
03-21-2026 | 06:02 AM
#337
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Joined: Mar 2026
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Likes: 218
Yep, none of them complained about the so called "Putin Price Hike" (although most of the price increases, including at the pump, was really caused by the misnamed Inflation Reduction Act).
03-21-2026 | 06:46 AM
#338
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Joined: Jun 2019
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Iran has been launching ranged attacks at GCC refineries and sinching oil supply routes with threat of destruction to oil barges. These countries are retaliating with similar targeted strikes to Iran's refineries. This drives up global prices (worse in Asia) because of physical, nearly irreprable damage to gas producing infrastructure. Oil sanction on Iran have been in place since 2006.
If we can't agree on these factualy unbiased differences regardless of support for our attack or not there is no room for discussion.
03-21-2026 | 06:51 AM
#339
Perennial Reserve
Joined: Jan 2018
Posts: 14,236
Likes: 254
So, how close to Armageddon is it before it’s “imminent.” Clearly, they were further along toward worldwide ICBM then was generally believed.
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What if their progression toward nuclear weapons - which after all, IS 80 YEAR OLD TECHNOLOGY - was similarly more advanced than generally believed? Does an ICBM attack become “imminent” when it is still boosting - or must we wait until it’s in its ballistic phase of flight?
alt=""
What if their progression toward nuclear weapons - which after all, IS 80 YEAR OLD TECHNOLOGY - was similarly more advanced than generally believed? Does an ICBM attack become “imminent” when it is still boosting - or must we wait until it’s in its ballistic phase of flight?
03-21-2026 | 07:44 AM
#340
Gets Weekends Off
Joined: Mar 2018
Posts: 3,680
Likes: 245
So, how close to Armageddon is it before it’s “imminent.” Clearly, they were further along toward worldwide ICBM then was generally believed.
alt=""
What if their progression toward nuclear weapons - which after all, IS 80 YEAR OLD TECHNOLOGY - was similarly more advanced than generally believed? Does an ICBM attack become “imminent” when it is still boosting - or must we wait until it’s in its ballistic phase of flight?
alt=""
What if their progression toward nuclear weapons - which after all, IS 80 YEAR OLD TECHNOLOGY - was similarly more advanced than generally believed? Does an ICBM attack become “imminent” when it is still boosting - or must we wait until it’s in its ballistic phase of flight?
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