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Oil nears $110 a barrel after gas field strike

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111–120 of 143 posts

Re: Oil nears $110 a barrel after gas field strike

#111

Earlier quoted context omitted.

[flagged]

It's Israel's behaviour that is causing antisemitism. There is a theory that they actively want this, because it encourages people (often with significant human capital) to leave western countries and move to Israel. This is not a new thing, Theodor Herzl famously said that antisemites were zionist's best allies

I also thought it was to induce their version of armageddon.

Re: Oil nears $110 a barrel after gas field strike

#112
post #38
post #11

btw fertilizer prices are now 40% higher this is going to destroy world economy on every angle fuel and now food it's like the Israeli's figured out the answer to their problem was to make it everyone's problem how about we stop giving them offensive weapons, defensive only or we'll be going through this every decade

Why are you blaming Israel? Iran has been fueling the fires for year by send piles of money and weapons to anyone who had a serious plan to attack Israel. Not that Israel is perfect, but there is plenty of blame to go around and recognizing that reality is required before we can even try to think of a solution. (I don't have one)

I give a lot of the blame to the government of Israel because it seems (according to the Trump administration) there was no real reason to attack except for Israel was going to attack and we would become targets if they did.

High ranking people in Trump's own administration (or at least until very recently) have openly stated Israel was the main reason why we got involved.

Sure seems to me in terms of our current situation, Israel really wanting to get involved in a strike is the but-for cause. At least according to what the Trump administration has stated.

Re: Oil nears $110 a barrel after gas field strike

#113

Earlier quoted context omitted.

> EU has had a lot of time to recognize the situation they have been in regarding energy. There is no case of they just needed to pay attention earlier. The problem is known. There is just no good solution. Drastically scaling back energy consumption isn't going to happen any time soon and would harm the economy. So we can choose between Russia, the Middle East and the USA. Best would be of course to reduce fossil us…

There is just no good solution. Refraining from shutting down their nuclear plants for no good reason would have been a start.

That's not a solution. A solution is something you can actually do.

Re: Oil nears $110 a barrel after gas field strike

#114

Earlier quoted context omitted.

This is a valid question, and the answer is unfortunately no. There's a lot to unpack there but basically the president is acting unilaterally and in a manner which advance the interests of foreign nations.

Minus 2? If anyone has an explanation as to how war with Iran is to the benefit if the U.S. I'd genuinely like to hear it.

Why does it matter if it is for the benefit of the US? Doing something irrational does not absolve of responsibility.

Re: Oil nears $110 a barrel after gas field strike

#115
post #56

Earlier quoted context omitted.

Are you blaming Israel for american troops in Iran? Is the US not a sovreign nation anymore?

This is a valid question, and the answer is unfortunately no. There's a lot to unpack there but basically the president is acting unilaterally and in a manner which advance the interests of foreign nations.

He is still the president of the USA. Every American over the age of 18 is responsible for his actions.

Re: Oil nears $110 a barrel after gas field strike

#116
post #33

With this prices it is cheaper to make fuel from coal, the break even price was about 80-90 USD/barrel. And if this continues for months this will pushes wind and solar and electrical cars making natural gas and oil much less relevant. Maybe that was the plan.

In the US, the frackers will switch back on if it continues long enough.

The Saudis have been trying very desperately to keep the price of oil below the threshold where that occurs.

Re: Oil nears $110 a barrel after gas field strike

#117

Earlier quoted context omitted.

> And if this continues for months this will pushes wind and solar and electrical cars making natural gas and oil much less relevant. Maybe that was the plan. This is one of the most batshit insane things I've ever read. What on Earth would make you think this?

"Trump started the war in Iran to make green energy and EVs more desirable" is an actual conspiracy theory that is going around, although, ya, definitely an unintended consequence.

Citation needed. I really struggle to believe anyone actually believes this.

Re: Oil nears $110 a barrel after gas field strike

#118

Earlier quoted context omitted.

"Trump started the war in Iran to make green energy and EVs more desirable" is an actual conspiracy theory that is going around, although, ya, definitely an unintended consequence.

High oil prices does increase demand for petrodollar, but EV adoption decreases. But I don't think revenue from petrodollar really matters much when you spend nearly $1b per day on missiles. I think real irony is that Iran keeps shipping oil to China and India. At which point US will start nabbing these tankers?

I don't think the US wants a war with China yet, so bombing a Chinese tanker sounds like a bad idea, but Trump isn't exactly the most stable genius, so who knows.

India is right next to Iran, it would be really hard to cut off trade between them. Pakistan definitely doesn't want to get involved (being an ally of the US AND China).

Re: Oil nears $110 a barrel after gas field strike

#119
post #60

Earlier quoted context omitted.

Nah, there's nothing vague around their funding and training of various militaries and militias in the area. There's more than enough war crimes on both sides to go around, and any concept of justice that is predicated on prosecuting one side exclusively is simply bankrupt. If Israeli civilians are fair game because of Israel's war crimes, then American civilians are fair game for the same reason. And I reject any th…

No one denies that Iran has strategic partnerships in the region. The question comes down to whether you believe armed resistance is ever legitimate or you blanket-dismiss it as "terrorism", in order to justify the territorial encroachment, ethnic cleansing, or mass murder that is brazenly perpetrated by Israel.

Armed resistance is legitimate as long as harm to civilians is carefully avoided.

Let's not downplay it as "strategic partnerships" and "armed resistance". It is terrorism. Both sides perpetrate it.

Re: Oil nears $110 a barrel after gas field strike

#120
post #119

Earlier quoted context omitted.

No one denies that Iran has strategic partnerships in the region. The question comes down to whether you believe armed resistance is ever legitimate or you blanket-dismiss it as "terrorism", in order to justify the territorial encroachment, ethnic cleansing, or mass murder that is brazenly perpetrated by Israel.

Armed resistance is legitimate as long as harm to civilians is carefully avoided. Let's not downplay it as "strategic partnerships" and "armed resistance". It is terrorism. Both sides perpetrate it.

Alas, both sides are very much engaged in their own brands of terrorism, and both sides' propogandists will attempt to crucify you if you call what they do terrorism.
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