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Iran So Far Away: 2026

I don't know but it makes sense to me. Not even including geopolitics, the reserves get more and more expensive to exploit every year.
 
IMO, and I did NOT stay at a Holiday Inn Express last night, we're never going to see the number two stand alone in front of the period in gas prices unless we get another global pandemic or we finally nationalize one entire supply chain company from drilling through to refining.

Three bucks is our modern floor. It's what one dollar was to the early aughts.
I hadn't really thought about it, but I think you are right. Gas prices have gotten high enough that if they drop to $3.50, people will be celebrating, oil execs and the gov't will not have a reason to try and get the price back into the $2s.
 
One would think that escalating Iran before the midterms would be a big mistake given the war's broad unpopularity with the American public.

So I assume that's what Dump will do.
 
We are in one of those periods where state actors can't just genocide people with impunity -- there are enough cheap DIY countermeasures that non-state actors can also inflict heavy damage.

Will this be a deterrent? We'll see. It won't matter unless they target the ruling class personally.

Really only a matter of time until it starts being applied to the US too. Not just bases. We have projections of the empire scattered about the world. For that matter, a well-planned strike on Ibiza or Courchevel 1850 would winnow the next generation.

Like rioters and looters -- pass through the other neighborhoods peacefully and head for where the rich folks live. Know the enemy.
 
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Brent crude sniffing around $106 again. Strait of Hormuz closed for 228 days. Every network should be doing one of those counters like they did to Carter for the hostages.
 
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I stayed with a friend for a few days at the Aramco compound in Dahran, Saudi back in 1996. A week after leaving the Khobar Towers which are nearby were bombed by Saudi Hezbollah.

The explosion was so powerful I could feel it at my house in Manama, Bahrain - 20 miles away.

My friend was fine but it was massively impactful given how close they lived to the site.
 
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