It’s economic warfare by Russia, China, and the mullahs.
And people are so stupid here they think it is a good thing.
You want a bunch of US boys to die in the Middle East for 25 more years? Then kill US domestic production by allowing dumping of oil at less than its price of production.
It’s good that Iran is beset by sanctions, COVID-19, low oil prices and now locusts. Maybe with all of the hurdles Iran’s funding of terrorism will decline ... or stop.
I’d like to see Hamas in the market for begging bowls.
Ditto that!
WE NEED A TARIFF ON IMPORTED OIL NOW!!!!
That's purely a function of domestic policy. Clearly we have the ability to ramp up oil production quickly and effectively in this country. If we have to magically start fighting in the Middle East again over oil, it's not because of our need for their oil but the need for politicians to distract us with more bullshit.
Frankly, I think they've spent that dime. People are sick to death of endless ME garbage with the hajis, and Trump showed how fast we can become #1 in energy production. God help the next suited clown who gets on TV with a straight face and tells us how important it is to spend American lives and money in another ME shithole for no definable reason other than some vague "moral imperative."
The instability in oil and natural gas as you say is NOT a good thing. Impossible to make business decisions with this much volatility in the industry. Seriously should oil shale just shut down permanently?