Energy costs surge in a country that supposedly is energy independent?
US inflation jumps to 3.8% as energy costs surge from Iran war
451–460 of 486 posts
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#452I can't think of a single way in which the United States came out ahead in the war. We have * Demonstrated that the US simply can't offer any meaningful security guarantee to it's middle east partners. * Permanently ceded de facto control over the straits of Hormuz to Iran * Significantly strengthened the hardliners in the Iranian regime and cleared the way for them to have absolute power by eliminating all moderates…
The US oil industry is making massive amount of money directly from the people of the US on the inflated prices, since their domestic supply and refineries are unaffected. It also perfectly matches the actions a foreign country trying to harm the US would take. There's so many terrible options to choose from!
The resultant economic income elasticity / demand destruction from sudden "shocks" in energy costs will dull those gains for oil comopanies. And that shock has a longer signal.
Witness the commodity runup from the last time we blew up west Asia - the resultant liquidity squeeze would melt down the financialized economic system. A collapse only slapshod avoided by exchanging government risk for private risk on an unprecedented scale. Did the Iraq 2003 adventure actually net more money for oil companies in a 10-20 year horizon? Debateable.
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#453Earlier quoted context omitted.
> middle east partners Well, European partners are looking, too - and they are drawing logical conclusions, such as producing more interceptors locally rather than wait years for the first batches of PAC-3.
I suspect Europe is looking at Ukraine mass producing enough $2K drones to bring the Russia to its senses, and thinking the worlds next big advanced arms supplier is right next door. And unlike the USA, is grateful for the EU's continued support in their hour of need. Just like renewables, EV's and a lot of other technologies, the expensive toys the US arms producers are hawking are starting to look like relic from a…
Europe bought and already paid missiles for Ukraine from USA. USA are not delivering.
So, Ukraine cant produce what USA sells ... but USA is refusing to follow its contracts.
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#454Earlier quoted context omitted.
"A whole civilization will die tonight, never to be brought back again" - Sounds pretty wanting to harm the average Iranian to me.
I love this 'death to America, death to Israel' crowd saying 'it's just metaphor' getting so worked up over this metaphor as if such statements out completely out of line. Did you get upset when the Islamic occupiers took over Iran in 1979 and stated 'we have defeated/ended Persian culture/civilization'?
Did you get worked up over USA throwing down democratically elected president and putting hated king into powe? Because that is what preceeded revolution. This line of reasoning about USA feelings being hurt (check notes) in 1979 is profoundly idiotic. Most people here were likely not even alive back then.
And no, it was not metaphore. Trump was threatening them and stating his intent. Israel wants exactly that too. The claim here is not that iran loves america. The claim here is that Iranians hating on country that put in hated king in 1979 is weak argument about how Trump in 2026 wanted.
For that matter, American army is still murdering fishermen, it is not like it had norms against crimes.
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#455Earlier quoted context omitted.
> Long comment before yours "So a win will be returning to Obama’s Iran deal?" Where in that long comment before yours did you see an implication that anyone was thinking a return to Obama's Iran deal was a win? Why did you use the word "so"?
They talked about Iran giving up its HEU, i.e. basically returning its uranium stocks to the Obama deal days when Iran agreed to even get rid of its modest quantity of medium enriched uranium. Why are people so literal these days? The poster didn’t use a magic buzzword so no one can connect dots? An no, I don’t actually think they’d consider returning to Obama’s deal would be a win because if I had to guess anything…
So, to clarify, you were just trying to spread the meme that Iran giving up its HEU was equivalent or inferior to just holding to Obama's deal, in spite of your belief the commenter you were replying to would not agree with this, nor the instigators of this war?
Maybe don't troll. Or sealion. Or shill. Or propagandize. Not sure which of these is the best description, but it's one of them.
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#456Earlier quoted context omitted.
> I don't believe you The Trump admin has pretty low approval ratings. If some very hostile country bombed the US, is your default assumption that the folks who despise Trump would somehow support the bombing? You could probably find a few crazies that would, but wouldn't you assume people would prioritize their hate towards the people blowing up their friends, family, and property?
> If some very hostile country bombed the US, is your default assumption that the folks who despise Trump would somehow support the bombing? You're missing some very important context, which is that the IRGC slaughtered between 6,000-36,000 people in January during the protests. And they would've continued for as long as the protests lasted, and still execute people to this day. > You could probably find a few crazie…
There was systematic bombimg of universities by Israel. There was bombing of water treatment plant and basic energy infrastructure.
Claims about it not happening are a lie.
Also, double tap attacks. Even that school was dpuble tapped.
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#457Earlier quoted context omitted.
I'm sure you've at least heard what the United States' leaders have to say. To paraphrase Trump, "stopping nuclear proliferation to a group of lunatics that support terrorism". And also (still paraphrasing Trump), "the US doesn't need this as much as the rest of the world." So, perhaps this doesn't put the US ahead relative to other countries, but it puts them ahead of the counterfactual nuclear wasteland they could…
> Whether or not you believe the United States' leaders, whether or not you think there was a better way for them to achieve their goals (something something Obama deal) is up for debate. But it's very facetious to say you "can't think of a single way in which the United States came out ahead in the war," when the United States' leaders have been publicly announcing it for nearly a year. This comment doesn't make sen…
The primary objective of the United States, at least according to their leaders, is suspiciously absent from their comment. If we're being charitable, it is clear they disagree with their leaders:
> All of this to get to a point where we are negotiating a deal which is worse than what we already had with the JCPOA.
But that deal also ended nearly a decade ago, and the United States has been in talks for more than a year to strike a new deal. It is facetious to say they gain nothing by starting a war, if your excuse is they could have just not blundered a decade ago. Unfortunately, the United States does not yet have access to time travel.
To clarify, in case that was not clear:
"Yes, the leaders say they gain something, but I disagree because they wouldn't have anything to gain if we could just go back in time and fix their blunders."
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#458I understand it is a complicated calculation but to me personally, inflation feels much more than that. I have been tracking the price of milk. Around 3 months ago, i was getting a gallon of milk at $2.97, then it went up to 3.07, then 3.25. Yesterday I paid 3.40. That's like 15% gain on something as basic as milk. All numbers from the same store.
That's probably fuel costs. The milk and everything else comes in on a truck (and dairy farming is also fuel intensive itself)
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#459I can't think of a single way in which the United States came out ahead in the war. We have * Demonstrated that the US simply can't offer any meaningful security guarantee to it's middle east partners. * Permanently ceded de facto control over the straits of Hormuz to Iran * Significantly strengthened the hardliners in the Iranian regime and cleared the way for them to have absolute power by eliminating all moderates…
Your top point is honestly the biggest. Until this year, US military bases were seen as an asset. They were thought to deter attacks, and in the case of someone being crazy enough to attack the country that hosted a US military base, they sold the promise of a quick and decisive response. But for countries in the Middle East, every base was nothing but a liability with nothing but a long list of detriments. The bases…
Don't forget that US army members stayed at hotels in those same countries while Iran was attacking the US bases there. Human shields much?
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#460Earlier quoted context omitted.
Iran has no nuclear weapons. The administration simply wishes to prevent Israel from facing opponents that also have a nuclear deterrent (Israel has nuclear landmines, briefcases, missiles, and neutron bombs according to Sy Hersh). A deterrent would radically curb Israeli aggression and maybe even end the genocide in Gaza. There is little risk Iran would use a nuclear weapon. This is pure western aggression.
How does an Iranian nuke curb Israeli aggression or change Israel's behaviour in Gaza? The vast majority of Israel's 'aggression' is against armed groups in neighbouring countries that Iran funds. If a country has a peace treaty with Israel and the monopoly on violence in their territory, they experience no Israeli aggression. Iran can't credibly threaten to nuke Israel over a threat that isn't existential to Iran. A…
Israel has been committing war crime after war crime as far back since it started: https://www.reddit.com/r/israelexposed/