This is like listening to General Turgidson

 

Take a broader look and see what’s happening in Asia , Australia and Europe. Some widebody guys may be getting some extended layovers when there’s no Jet A to fill up your plane. They are actually having shortages . If it continues to escalate and mines start hitting ships in the gulf, it’s anyone’s guess .

https://simpleflying.com/airline-jet-fuel-shortage-running-dry-warning-weeks/

 

nope, the prediction was a 9/11, Great Recession type event for the industry. A/C order Cancellations, furloughs and oil at $150.

The debate wasn’t about disruptions to gas prices that are still lower than 3 yrs ago or 15 yrs ago.

Up until the point that happens all the few here are doing is trying to find any talking point that tries to prove themselves correct. Last week it was “nobody planned for Iran to attack/restrict the SOH.” Before that it was “Trump is being run by Isreal” even though he’s been talking about Iran for decades, well before he became 45 & 47.

 

Perhaps it’s time for Europe and Asia to actually pony up some resources to help insure the right of passage in the strait of Hormuz and enforce maritime free access. We’ve been carrying far more than our fair share of policing the oceans since the Marines took Tripoli.

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^^^ THIS ^^^ all these countries have become accustomed to the U.S. being the police force and spending all the $$$ and resources to protect their interests… needs to stop.

 

Tripoli! Lindsey hears that, he’ll go ballistic.

 

Indoors only when under arms. At least that was the policy from the greatest branch there ever was.

 

I love when the hat debate comes up and they go "but in the military..."

"IN THE MILITARY I DIDN'T WEAR HATS INSIDE UNLESS ARMED" (rare exceptions for things like retirement and promotion in quasi indoor spaces like hangar)

The best part is when an ACP who never served one day tries to tell me how it was in the Navy. (24 years, 15 AD, 9 RES)

 

That’s the cost of being the dominant global power and having the most powerful and capable navy in the world. Do you really want China policing shipping lanes? We took on the role of policing the seas from the Royal Navy after World War II, and you can still see the remnants of that system today with the Strait of Gibraltar.

You can argue others should contribute more, and they probably should, but we don’t ensure free trade out of the kindness of our hearts. It’s the price of maintaining a system that benefits us more than anyone else. Between China, Japan, South Korea, and India, we do nearly $1 trillion in trade, it’s 100% in our interest to ensure that oil keeps flowing.

Iran has already signaled it wants oil traded through the Strait of Hormuz tied to the yuan and is effectively charging a “toll” for passage in yuan. That was a very deliberate choice, and meant to hurt the US as much as possible.

That said, we've backed ourselves into this corner with Iran. The physical and economic damage is done. We’re quickly leaving ourselves with very few options.

 

We do that to ensure trade is done in US dollars, it's what allows us to run $1T in deficit every year and print with impunity.