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DrBillLemoine's avatar

If you look at the developments of 15 months--Trump 2.0--you'll see he's succeeding at several of his and his puppet managers' objectives. The war on Iran tightening petroleum supplies gave him the excuse to lift sanctions on Russia to give them more cash and boost the war again Ukraine and Putin's national economy. No oil transiting the Strait of Hormuz raises worldwide prices per barrel of crude oil everywhere--a 20% global shortage. Russia is said to be a gas station nation with an army, so they profit again and Ukraine has potentially more weapons bought with the cash windfall against it. Some of the oil that does leave Ira is going to China which has been supporting their partner Russia. Despite American excess production of oil, our multinationals are also raising gas prices to make a windfall pile of cash paid by you and me aside from national gas taxes and income taxes.

Lately Iran was joined in its blockade of the Strait by The Donald, himself, looking to piggyback on the extortion of tolls from tankers leaving the Iranian gulf. Always the one to profit from another's ideas, Trump can add that income to his coffers via more infamous shenanigans. Always looking to grift another buck.

Trump also favors China where his daughter holds lucrative rights to sell her cosmetics. So allowing tankers to leave Iran for the Far East is a bone for President Xi.

And of course there's Trump's fellow-traveler crooked Bebe Netanyahu. Abetting Bebe's ongoing war against Iran and its proxies is keeping him as Israeli President--out of courts and resulting jail. Without war, those Israeli courts will continue pursuing lawless Netanyahu till they throw away the key.

Meanwhile the Saudis under killer Mohammed Bin Salman continue to funnel billions of dollars to son-in-law Jared. So let's look for other drilling countries like Indonesia and OPEC, Organization of Petroleum Exporting Countries, to increase production, as they have done in the past, to keep prices stable if a little higher, but not too high to encourage revolution as global inflation and economic productivity slow down. Norway comes to mind, a natural to supply Europe. Thankfully I don't drive like I used to so pump prices for me are a nuisance but not backbreaking.

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