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Iran is doing this without a navy
There is one thing to say here, USA wants the price to be high so it can throttle china.
The obligatory "5d chess" comment despite all the evidence to the contrary.
I don’t estimates of these investments firms seriously! They talk like today’s scenarios will stay put forever - whether good or bad.
I understand that the impact to Americans is that for every penny increase in the price of a gallon of gas, averaged over a year, is about $1 billion in consumer spending . So if the average price goes from $2.99 to $3.49 , that’s 50 billion dollars.
Yes. But without new money in economy, that $50B is not being spent elsewhere.

So Oil barons getting rich, at the expense of everyone else.

“Make America Feel Poor Again”