• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      link
      fedilink
      arrow-up
      18
      ·
      6 days ago

      I suspect the global economy is kind of like a chicken running with its head cut off at this point. The energy shortage is structural and cannot be fixed in the near term. And the effects of that have been masked by the fact that tankers were already out when the war started, and took some time to get to their destination, then by countries opening up the reserves. Now both of these amortization measures are exhausted, and we’ll see the real price of energy take effect.

      • eldavi@lemmy.ml
        link
        fedilink
        English
        arrow-up
        8
        ·
        6 days ago

        i fully expect the brunt to be felt after the midterm elections – sparing trump and his ilk from the worst of the fallout.

  • Retiredtoflorida@lemmy.world
    link
    fedilink
    arrow-up
    9
    ·
    6 days ago

    He is trying to temporarily lower diesel prices before the midterm elections.

    What they aren’t talking about is that trump also has drained the US strategic petroleum reserve. When they stop drawing that down, things will get really ugly.

  • Gerudo@lemmy.zip
    link
    fedilink
    arrow-up
    7
    ·
    6 days ago

    Hey! You over there! Yeah, so we started a fight we can’t win and it cost us all our gas reserves. Give us yours now. Oh you had nothing to do with it? Who cares, gimmie gimme gimme!

    • ghost_laptop@lemmy.ml
      link
      fedilink
      arrow-up
      13
      arrow-down
      4
      ·
      6 days ago

      nothing to do with it? lol, they are perpetrators of genocide, murder, rape and pillage.

      • Gerudo@lemmy.zip
        link
        fedilink
        arrow-up
        4
        arrow-down
        6
        ·
        6 days ago

        Did I miss a story where France and Germany attacked Iran and interfered with a massive traffic lane of diesel? This is all on the US.

        • eldavi@lemmy.ml
          link
          fedilink
          English
          arrow-up
          6
          ·
          5 days ago

          they sanctioned and condemned iran for defending itself. lol

          and that’s on top of the sanctions that they’ve already been complying with for decades.

        • cfgaussian@lemmygrad.ml
          link
          fedilink
          arrow-up
          9
          ·
          6 days ago

          Yes, you missed the fact that European governments, EU and NATO provide both verbal and material support to US wars of aggression. Europe is complicit in genocide and deserves everything that is coming to it.

  • Soot [any]@hexbear.net
    link
    fedilink
    English
    arrow-up
    2
    ·
    5 days ago

    I don’t understand the motivation here - isn’t the US an exporter? Surely high prices benefit the green line

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      link
      fedilink
      arrow-up
      5
      ·
      5 days ago

      There are real shortages at this point, and the US doesn’t produce nearly enough diesel to cover the shortfall. The US is looking at an economic crisis at this point with diesel going through the roof. Much of the transportation and farming depend on it. There’s absolutely going to be a cap.