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Posted on 03/26/2026 1:03:43 AM PDT by Reverend Wright
[WASHINGTON] Trump administration officials are examining what a potential spike in oil prices as high as US$200 a barrel would mean for the economy, according to sources familiar with the matter, a sign senior officials are studying the possible fallout from extreme scenarios for the Iran war.
(Excerpt) Read more at businesstimes.com.sg ...
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The White House has denied it, but I don't believe them.
The higher oil prices go, the more radical the potential regulation and intervention would need to be. Price controls, rationing, export bans, refinery regulation etc.
And if they need to do drastic intervention, they need to plan for that.
Ever hear of the story of
the goose that layed golden eggs?
America is like that goose.
Except we don’t die and we
are coming back very pissed off.
Our new eggs will erase your
sorry useless lives.
“...what oil as high as US$200 a barrel would mean...”
It means ‘No nuke for Iran’!!😁
It means only illegal aliens would have enough cash from Uncle Sam's welfare plans to buy gasoline. If you are a U.S. citizen working stiff who spent 65 years of your life paying into the Social Security System, you'll get nothing.
Just wait until the 2028 elections. The f'n Congress hasn't turned one of Trump's EO's into law. Not one.
I figger food prices would go up 20-30%. Due to higher transport prices.
Why not look at $500 per barrel? Eventually it’ll be there..maybe not for decades but I’ll get there. If the left gets in office in 2028 then minimum wage will be $50.00 an hour...which is worse?
Take your meds.
lol. A truck carrying 20 tons of food gets 5 mpg. How much fuel per pound per mile does the truck use? How much per pound at 3 bucks per gal? At 5 bucks?
There is very little difference.
What we have seen from other countries already is refined products bans, or outright oil export bans.
If oil were to get to $200/barrel, we would see a lot more of that.
For example, if Canada would do an export ban (to keep prices low for Ontario and Quebec :) ), the USA would have to also do so if it hadn’t already.
The inflationary impact of higher oil prices increases the cost structure of almost everything. But one thing hich is different for the USA vs past oil crises, the USA is now an oil exporter, so the devaluation risk is not there.
The opposite actually. The dollar is liable to skyrocket, which creates its own risks.
That’s a tough one.
I have always thought that oil prices are capped by coal-oil conversion.
Which at current coal prices (very) rough guess maybe $175/barrel
Now carry that calculation through every step in the supply chain — including the driver’s compensation.
>> examining what a potential spike in oil prices as high as US$200 a barrel would mean for the economy
It means my XOM stake is going to the MOON!!! Woo hoo!!!
[Trump dance]
I’ll sell a couple shares and have gas money for the whole year!
Up sucking dick early I see.
Does your goat have a smile on her face this morning?
It means impeachment again because the republicans will get hammered in the midterms.
It means speaker Jeffries and majority leader Schumer…
Fuel is used in growing and production, fertilizer and other aspects. Farming is a low profitability business. Nearly tripling the costs of oil from normal would be devastating to food prices.
It wouldn’t devastate the end consumer. That math doesn’t work.
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