Trump is Only angering them, and escalating it faster.. Liberal lefties, simping for Palestine. Who is in charge, here?.

Richard T said:

Yes, the loss though was from selling their oil production way into the future. From your article: "Both companies are looking at steep paper losses from derivatives positions opened at the beginning of the year, when oil prices were low." The earnings will climb once those poor contracts are off the books. Meanwhile other oil companies are doing great. BP profits doubled, The oil stocks are doing great in anticipation of this windfall. PBR the Brazilian State oil company is doing so well that the government imposed a 12% windfall tax on all exports. U.S. exports are surging, refiners, shippers, etc. Where do you think the raise in the oil and gas prices at the pump are going? $30m an hour: big oil reaping huge war windfall from consumers, analysis finds
The closing of the strait is a huge boost to any oil company with reserves or refineries that are not affected as long as they did not sell oil into the future and take huge paper losses.

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Derivatives don't tell us much about what is going on in the real world, the real economy.

“Oil companies in the United States and abroad are profiting from higher prices for crude oil and fuels today, but they face a far more uncertain future market environment.”

See below, under Analysis

From chokepoint to crisis: The Strait of Hormuz and global oil markets | Brookings

Oil prices are likely to rise further as the Strait of Hormuz remains closed, and once it opens, the market will take months to normalize.

www.brookings.edu

Richard T said:

Yes, you could be right. The best path forward though seems to build alternatives to the strait, as is occurring. Otherwise, the USA is more likely to bear the costs of setting the strait free with our money and blood just for a few years of open seas. I will say too that the USA oil companies benefit immensely from Iran suppressing the strait traffic.

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chilehed said:

I wasn't responding to you.

The USA is the bear, and the evil murderous scumbags running Iran have been poking it for nearly fifty years. The window of opportunity for us to respond appropriately was about to close, and thank God Trump was in office to do it rather than another of the feckless or complicit people we've had in the past.

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iluvatar5150 said:

lol, this is certainly a take.

The US started poking Iran first and has continued to poke them along the way. The first foray was our orchestrating of the 1953 coup that deposed the democratically-elected PM and re-installed the Shah, who many have argued was a US puppet. When the Iranian people deposed him in the 1979 revolution, the US imposed financial sanctions on Iran, freezing somewhere north of $100 billion (inflation adjusted) of their assets and then granted asylum to the Shah who sought medical treatment in the US.

In 1979, Iranians stormed the US embassy and took a bunch of people hostage. The primary goal of the hostage takers was to get the Shah returned to Iran to stand trial. The hostage crisis was resolved in 1981 with the Algiers Accords, the terms of which the US never fully abided by.

During the Iran-Iraq war in the 80's, the US supported Iraq, who was the aggressor. Later in the war, the US engaged in direct military action against Iran and also shot down one of their passenger airliners.

Fast forward to the Obama administration and we finally worked out a multilateral agreement to slow down Iran's nuclear program in exchange for removing sanctions. That agreement, which by all accounts Iran was abiding by, was in effect for two years before Trump unilaterally withdrew from it and reimposed sanctions. Iran tried to keep the agreement going and offered to abide by its terms if Europe could get around American sanctions, which they couldn't, so the deal died and there was no longer anything keeping Iran from expanding their enrichment program.

None of this is making excuses for anything Iran has done along the way, but the notion that they're the only one doing any poking is ludicrous. WE were the ones who reneged on the JCPOA. WE have shown ourselves to be untrustworthy. This world we've been living under for the last 8 years where Iran has been stockpiling as much enriched U as they can - this is Trump's world. It's his "plan" (or lack thereof) that's set these terms. He took what he perceived to be a lousy plan, ripped it up, and then replaced it with nothing. And now you guys are literally thanking God for the war that he's brought.

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Vambram said:

Your progressive liberal worldview is definitely on display in that post.

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FreeinChrist said:

Reagan was caught trying to secretly sell arms to Iran to secretly fund the Contras who were trying to overthrow the government in Nicaragua. Of course, his Tower Commission, which he appointed, didn't find proof. What a surprize. Reagan loyalists did not find proof. The USA needs a law or amendment that president's cannot appoint their own investigators.

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tobelieveinHim said:

Let's put it this way,.. In America, in a rock n roll band, it's the lead singer who is always the jerk.. Generally speaking. And, in America American women tend to gravitate, towards the lead singer. Yet, somehow the majority of them are voting in favor of Islamic communists. Tell me again, who's the jerk of America, and who and what is leading us rn..
Most women, naturally gravitate towards the jerk. Yet, somehow they believe that Palestine might be a great place. Make it make sense. Because it doesn't. America

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iluvatar5150 said:

lol, this is certainly a take.

The US started poking Iran first and has continued to poke them along the way. The first foray was our orchestrating of the 1953 coup that deposed the democratically-elected PM and re-installed the Shah, who many have argued was a US puppet. When the Iranian people deposed him in the 1979 revolution, the US imposed financial sanctions on Iran, freezing somewhere north of $100 billion (inflation adjusted) of their assets and then granted asylum to the Shah who sought medical treatment in the US.

In 1979, Iranians stormed the US embassy and took a bunch of people hostage. The primary goal of the hostage takers was to get the Shah returned to Iran to stand trial. The hostage crisis was resolved in 1981 with the Algiers Accords, the terms of which the US never fully abided by.

During the Iran-Iraq war in the 80's, the US supported Iraq, who was the aggressor. Later in the war, the US engaged in direct military action against Iran and also shot down one of their passenger airliners.

Fast forward to the Obama administration and we finally worked out a multilateral agreement to slow down Iran's nuclear program in exchange for removing sanctions. That agreement, which by all accounts Iran was abiding by, was in effect for two years before Trump unilaterally withdrew from it and reimposed sanctions. Iran tried to keep the agreement going and offered to abide by its terms if Europe could get around American sanctions, which they couldn't, so the deal died and there was no longer anything keeping Iran from expanding their enrichment program.

None of this is making excuses for anything Iran has done along the way, but the notion that they're the only one doing any poking is ludicrous. WE were the ones who reneged on the JCPOA. WE have shown ourselves to be untrustworthy. This world we've been living under for the last 8 years where Iran has been stockpiling as much enriched U as they can - this is Trump's world. It's his "plan" (or lack thereof) that's set these terms. He took what he perceived to be a lousy plan, ripped it up, and then replaced it with nothing. And now you guys are literally thanking God for the war that he's brought.

Click to expand...

Dale said:

You mention the US military shooting down an Iranian airliner. That was a case of mistaken identity, not a policy decision.

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Valletta said:

Perhaps you missed it, Trump was going to impose a 20% transit fee on oil tankers but instead neighboring countries approached hims about investing in the U.S. so the costs to the U.S. can be recovered.

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Dale said:

Derivatives don't tell us much about what is going on in the real world, the real economy.

“Oil companies in the United States and abroad are profiting from higher prices for crude oil and fuels today, but they face a far more uncertain future market environment.”

See below, under Analysis

From chokepoint to crisis: The Strait of Hormuz and global oil markets | Brookings

Oil prices are likely to rise further as the Strait of Hormuz remains closed, and once it opens, the market will take months to normalize.

www.brookings.edu

Click to expand...

tobelieveinHim said:

Let's put it this way,.. In America, in a rock n roll band, it's the lead singer who is always the jerk.. Generally speaking. And, in America American women tend to gravitate, towards the lead singer. Yet, somehow the majority of them are voting in favor of Islamic communists. Tell me again, who's the jerk of America, and who and what is leading us rn..
Most women, naturally gravitate towards the jerk. Yet, somehow they believe that Palestine might be a great place. Make it make sense. Because it doesn't. America

Click to expand...

tobelieveinHim said:

It's an exaggeration, over assumption. My point, is you have all these liberal lefties, simping for Palestine meanwhile these same girls will go for the lead singer.. And no matter what his demeanor, The lead singer is usually the jerk..

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tobelieveinHim said:

No. The music thing is an example, That Most women when they have nothing to do with politics, in their free time.. They'll usually go, For the "bear." In this case, they're Not tying that in together.

When these overgrown teenage girls, go put on their blue hair, and go to a concert, they almost always choose the lead singer. Except in this case.

I pay attention to Candace Owens rn, because I have no idea what is going on there, and this is all tied back to Trump, and the current administration..

Most liberal women will vote, "Free Palestine" but, choose the head guy in a band, of music that isn't allowed in Muslim culture. It's just irony. I don't know who to trust. There's too much conspiracy. Israel may be guilty of all of them. Middle Eastern religion, is Not good Not either of them are!

But, I have learned that neither is Mormon or Catholic.

It's just irony, that the same blue, haired girls going to concerts, are also voting for terrorists, and Communists!

Not really referring to Trump. Trying to separate that into something else.
But, with the conspiracy theory, surrounding Charlie Kirk..

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