4 ms·

The nightmare war scenario is becoming reality in energy markets

37 points by petethomas 8mo ago

WarOnPrivacy 8mo ago
https://archive.fo/YLqGx https://archive.fo/YLqGx
pixl97 8mo ago
People: "Trump, we should start moving away from ICE cars so we're less dependent on fluctuations on oil prices" Trump: "Drill baby drill, electric windmills cause liberal bird testicular cancer" Also Trump: "I am the peace president" Also Trump: "So yea, I started a stupid war and gas prices are going to go way up, oh yea, and go buy a new 6 ton family sedan that gets 10 miles per gallon" The inmates are running the jail.
- tgrowazay 8mo ago
  In 2025, the US exported more crude oil and petroleum products than it imported: https://usafacts.org/articles/is-the-us-a-bigger-oil-importer-or-exporter/ https://usafacts.org/articles/is-the-us-a-bigger-oil-importe... Gas prices were at lowest in 4 years before the Iran spike: https://www.gasbuddy.com/charts https://www.gasbuddy.com/charts
  - bluefirebrand 8mo ago
    > In 2025, the US exported more crude oil and petroleum products Another way to read this is "The US is still producing enough crude oil and petroleum to be a net exporter of these products"
  - pixl97 8mo ago
    Oil is a fungible commodity. If oil production totally stopped in the middle east for reason, our gas price would spiral out of control as we'd put oil/gas on large ships and the companies would export it for massive profits. This is why it's important to have multiple means of transport fuels, you're less subject to market variability.
- renewiltord 8mo ago
  This has always been the thing. “Climate change is horrific and will kill millions. But let’s not build infill housing because that will ruin community character. Also let’s not build nuclear or wind because it will ruin views. Why yes I am an environmentalist from San Francisco”
- Smoosh 8mo ago
  You left out a step: Also Trump: We’re cancelling CAFE because it’s woke. https://www.whitehouse.gov/fact-sheets/2025/12/fact-sheet-president-donald-j-trump-announces-the-reset-of-corporate-average-fuel-economy-cafe-standards/ https://www.whitehouse.gov/fact-sheets/2025/12/fact-sheet-pr...
mono442 8mo ago
especially bad for european union countries since they can't switch electricity generation to coal because it would push the ets price through the roof
deleted 8mo ago
[deleted]

37 points by petethomas 8mo ago

https://archive.fo/YLqGx https://archive.fo/YLqGx

People: "Trump, we should start moving away from ICE cars so we're less dependent on fluctuations on oil prices" Trump: "Drill baby drill, electric windmills cause liberal bird testicular cancer" Also Trump: "I am the peace president" Also Trump: "So yea, I started a stupid war and gas prices are going to go way up, oh yea, and go buy a new 6 ton family sedan that gets 10 miles per gallon" The inmates are running the jail.

tgrowazay 8mo ago
In 2025, the US exported more crude oil and petroleum products than it imported: https://usafacts.org/articles/is-the-us-a-bigger-oil-importer-or-exporter/ https://usafacts.org/articles/is-the-us-a-bigger-oil-importe... Gas prices were at lowest in 4 years before the Iran spike: https://www.gasbuddy.com/charts https://www.gasbuddy.com/charts
- bluefirebrand 8mo ago
  > In 2025, the US exported more crude oil and petroleum products Another way to read this is "The US is still producing enough crude oil and petroleum to be a net exporter of these products"
- pixl97 8mo ago
  Oil is a fungible commodity. If oil production totally stopped in the middle east for reason, our gas price would spiral out of control as we'd put oil/gas on large ships and the companies would export it for massive profits. This is why it's important to have multiple means of transport fuels, you're less subject to market variability.
renewiltord 8mo ago
This has always been the thing. “Climate change is horrific and will kill millions. But let’s not build infill housing because that will ruin community character. Also let’s not build nuclear or wind because it will ruin views. Why yes I am an environmentalist from San Francisco”
Smoosh 8mo ago
You left out a step: Also Trump: We’re cancelling CAFE because it’s woke. https://www.whitehouse.gov/fact-sheets/2025/12/fact-sheet-president-donald-j-trump-announces-the-reset-of-corporate-average-fuel-economy-cafe-standards/ https://www.whitehouse.gov/fact-sheets/2025/12/fact-sheet-pr...

mono442 8mo ago

especially bad for european union countries since they can't switch electricity generation to coal because it would push the ets price through the roof

deleted 8mo ago

[deleted]