Nothing’s been resolved. So it’s actually ‘17% for 3-5 years *so far.”*
Chraum on
geez, the ripple effect this could do. 17% gone for 3 to 5 years is the kind of sentence that quietly ruins a whole lot of energy planners’ weekends.
Mikrail on
Oh, excellent! This is fine! No problems here. Just normal people doing normal things. No chance of escalation. This will be the worst of it now, everything is fine!
go_go_tindero on
good news for the US LNG exporters and for Russia.
shoot_your_eye_out on
Impeach.
Xephrine on
So America is actively hurting the world for three to five years here. Fantastic.
ubertrader123 on
Guess they would want their $400 million dollar plane back from trump.
Ijustreddit92 on
I would bet that the prices will never go down. Whatever happens now, they will be pointing to this day and blaming the high costs of fuel on this for years. Just like how prices rose during Covid and then kept high whilst the weight and sizes of food products decreased, or how now companies will get the money back from the tariffs but the prices will stay the same and the consumer will pay it. Multiple record years for oil companies, endless bonus payouts for those high up in the companies and the consumer will get fucked again. All because an old billionaire who was on a high from using the military in Venezuela thought he could take out the leader of Iran and they would bow to America. The same guy who probably hasn’t filled up his own car at the fuel pumps for 40+ years.
Tiny-Run5590 on
I’d be laughing over these authoritarian slave countries being hurt financially, if it didn’t also hurt everyone else
Horse_and_Fart on
That should help quieten down the Epstein files
stopeer on
Man, whatever investment Putin made in Trump is the best deal in the history of humanity.
NotAnotherEmpire on
Iran, having a petrochemical industry, knew what to hit.
Tsarin on
Hey look, Venezuela is suddenly a profitable place to invest in infrastructure…
Sufficient-Grass- on
Heh. 80 years of progress on a global economy ruined by Trump in 3 weeks.
CamilloBrillo on
Renewables transition has never looked better
Small-Literature9380 on
At what point do the sane nations in the world take some action to protect their financial, political, agricultural and industrial stability from the side effects of this harebrained, delusional venture? We can shake our heads over the US Government being handed over to a geriatric puppet, we can shudder at genocidal uncontrolled “accidental” killings of innocents, but the world, in it’s entirety, is now in a very dangerous place. We cannot rely on, or trust, the abilities of the leaders of the directly involved combatant countries to even control the spread of the damage, far less put the genie back in the bottle. It would be a sad irony if the triggers for the end game of human civilisation were pulled by creatures like Trump and Netanyahu, but perhaps they are what we deserve.
Dry_Ass_P-word on
Yes but have you considered an old deranged pedo felt something in his bones.
hunkyboy75 on
“Donald, Sheikh Tamin here.”
“Oh, hi Tamin. How’s it going?”
“We want our fucking plane back, you moron. That’s how it’s going.”
Blackjaquesshelaque on
Time to invest in electric
malthar76 on
No one could have predicted this!
/s
Dull-Entertainer6967 on
“Nothing bad can happen. It can only good happen.”
SHUT_DOWN_EVERYTHING on
Somebody should put a leash on Netanyahu.
This is just a taste. There are city sized refineries in the region that have been growing nonstop for decades, some are 100+ year old. They’re all very flammable and easy targets.
If everyone goes all out, $200 gas will become the baseline and world economy will lose an entire decade. Forget the economics, the human catastrophe in the region and beyond would be immeasurable. We don’t just extract oil for oil. There are 100s of byproducts we depend on daily.
porcupinedeath on
Just burning up the fossil fuels for fun now are we? Not even using it for anything useful just putting that shit into the air for funsies
Jerry_Atric69 on
Anyone got an old Falcon?
Roofincold on
It will be painful for years thanks to Donnie. Anyone who tries to twist this any other way is delusional.
Nobody wanted this war but him and Bibi, we need this shit to be put to bed and begin rebuilding.
What many don’t understand beyond stock markets and rich people outcry is that the poor will suffer more, those that barely get by will now have to struggle even more. It’s ridiculous!
I gotta fill up my car today because this shits about to jump to 10 bucks a gallon
brilliantpants on
I’m so tired.
PrecedentialAssassin on
But Kegseth said that Iran’s military capacity was at 0%
tantalum2000 on
It seems that Iron knows what it is doing.
They aren’t going to “win” by going might against might. They are going to cause as much disruption to the world as possible to try to force the US and Israel to pull back. While Iran had hit some neighboring targets and oil fields before, with the US and Israel really going after Iran’s oil fields it opened the door for all hell to break loose.
There was no way Iran was going to stand by and have their fields destroyed and let their neighbors that house US bases etc be left untouched. That math is pretty simple to do. Just like the closing of the strait. I’m not sure anyone did that math before launching the initial attacks.
nuNconfused on
Who would’ve thought a government with an inferior professional military had the strategy to attack the west economically instead of solely militarily. /s
The dumber part is now Iran is creating the blueprint on how to handle US aggression. Fuck car bombs in major cities or mass shootings, blow up refineries and oil fields.
bandwagonguy83 on
Where are those sticks with Trump saying “I did that”?
WolverinesThyroid on
Guys I think I figured out the 9D Chess Blurns Ball strategy! We are going to destroy oil production in the world to force renewables. By this time next year everyone will own electric cars, our air will be cleaner, my gut will be gone, my wife will love me again, and my kids will respect me.
All hail the US president!
badtemperedpeanut on
This might be the end of gas and oil industry.
joedotdog on
This is done to relieve sanctions on russia’s lng supply to europe.
37 Comments
Nothing’s been resolved. So it’s actually ‘17% for 3-5 years *so far.”*
geez, the ripple effect this could do. 17% gone for 3 to 5 years is the kind of sentence that quietly ruins a whole lot of energy planners’ weekends.
Oh, excellent! This is fine! No problems here. Just normal people doing normal things. No chance of escalation. This will be the worst of it now, everything is fine!
good news for the US LNG exporters and for Russia.
Impeach.
So America is actively hurting the world for three to five years here. Fantastic.
Guess they would want their $400 million dollar plane back from trump.
I would bet that the prices will never go down. Whatever happens now, they will be pointing to this day and blaming the high costs of fuel on this for years. Just like how prices rose during Covid and then kept high whilst the weight and sizes of food products decreased, or how now companies will get the money back from the tariffs but the prices will stay the same and the consumer will pay it. Multiple record years for oil companies, endless bonus payouts for those high up in the companies and the consumer will get fucked again. All because an old billionaire who was on a high from using the military in Venezuela thought he could take out the leader of Iran and they would bow to America. The same guy who probably hasn’t filled up his own car at the fuel pumps for 40+ years.
I’d be laughing over these authoritarian slave countries being hurt financially, if it didn’t also hurt everyone else
That should help quieten down the Epstein files
Man, whatever investment Putin made in Trump is the best deal in the history of humanity.
Iran, having a petrochemical industry, knew what to hit.
Hey look, Venezuela is suddenly a profitable place to invest in infrastructure…
Heh. 80 years of progress on a global economy ruined by Trump in 3 weeks.
Renewables transition has never looked better
At what point do the sane nations in the world take some action to protect their financial, political, agricultural and industrial stability from the side effects of this harebrained, delusional venture? We can shake our heads over the US Government being handed over to a geriatric puppet, we can shudder at genocidal uncontrolled “accidental” killings of innocents, but the world, in it’s entirety, is now in a very dangerous place. We cannot rely on, or trust, the abilities of the leaders of the directly involved combatant countries to even control the spread of the damage, far less put the genie back in the bottle. It would be a sad irony if the triggers for the end game of human civilisation were pulled by creatures like Trump and Netanyahu, but perhaps they are what we deserve.
Yes but have you considered an old deranged pedo felt something in his bones.
“Donald, Sheikh Tamin here.”
“Oh, hi Tamin. How’s it going?”
“We want our fucking plane back, you moron. That’s how it’s going.”
Time to invest in electric
No one could have predicted this!
/s
“Nothing bad can happen. It can only good happen.”
Somebody should put a leash on Netanyahu.
This is just a taste. There are city sized refineries in the region that have been growing nonstop for decades, some are 100+ year old. They’re all very flammable and easy targets.
If everyone goes all out, $200 gas will become the baseline and world economy will lose an entire decade. Forget the economics, the human catastrophe in the region and beyond would be immeasurable. We don’t just extract oil for oil. There are 100s of byproducts we depend on daily.
Just burning up the fossil fuels for fun now are we? Not even using it for anything useful just putting that shit into the air for funsies
Anyone got an old Falcon?
It will be painful for years thanks to Donnie. Anyone who tries to twist this any other way is delusional.
Nobody wanted this war but him and Bibi, we need this shit to be put to bed and begin rebuilding.
What many don’t understand beyond stock markets and rich people outcry is that the poor will suffer more, those that barely get by will now have to struggle even more. It’s ridiculous!
Looks like that “investment” in Trump for support in the purchase of Argentinian gas fields will pay off bigly! [Harold Hamm- Continental Resources Argentina][Harold Hamm- Trump Mega donor buys rights to massive Argentinian oil/gas reserves](https://oilprice.com/Latest-Energy-News/World-News/Harold-Hamms-Continental-Resources-To-Buy-Oil-Assets-In-Argentina.html)
Well this is going swimmingly…
I gotta fill up my car today because this shits about to jump to 10 bucks a gallon
I’m so tired.
But Kegseth said that Iran’s military capacity was at 0%
It seems that Iron knows what it is doing.
They aren’t going to “win” by going might against might. They are going to cause as much disruption to the world as possible to try to force the US and Israel to pull back. While Iran had hit some neighboring targets and oil fields before, with the US and Israel really going after Iran’s oil fields it opened the door for all hell to break loose.
There was no way Iran was going to stand by and have their fields destroyed and let their neighbors that house US bases etc be left untouched. That math is pretty simple to do. Just like the closing of the strait. I’m not sure anyone did that math before launching the initial attacks.
Who would’ve thought a government with an inferior professional military had the strategy to attack the west economically instead of solely militarily. /s
The dumber part is now Iran is creating the blueprint on how to handle US aggression. Fuck car bombs in major cities or mass shootings, blow up refineries and oil fields.
Where are those sticks with Trump saying “I did that”?
Guys I think I figured out the 9D Chess Blurns Ball strategy! We are going to destroy oil production in the world to force renewables. By this time next year everyone will own electric cars, our air will be cleaner, my gut will be gone, my wife will love me again, and my kids will respect me.
All hail the US president!
This might be the end of gas and oil industry.
This is done to relieve sanctions on russia’s lng supply to europe.
I fucking guarantee it.
If you were Iran – would you stop?