You know that Hamas entered Israel and took lots of innocent civilian hostages, right? Which Israel enetered Gaza to get back. Hence, Israel had an extremely good reason to enter Gaza.
8oow3291d
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How is that relevant?
Wrestling terminology is once again best for describing MAGA. There are certainly "smarks" who know and don't care, yes. But there is surely also plenty of "marks", who believes it is reality. Remember how stupid the average person is.
You surely need a lot of oil tankers to sail oil across the Pacific Ocean - because each voyage takes so long. And there needs to be export oil terminals in the US towards Asia, which I assume there isn't currently, because Asia was supplied by the Middle East.
So a priory doesn't seem too surprising to me, that there is a price spread.
Does lifting sanctions on a country that you’re at war with the smart thing to do? Literally helps to fund their enemy.
It is not a zero sum game. Letting the oil through, and thereby preventing the world market from a total tail spin, probably helps the US more than it helps Iran. So is on the surface surprising, but surprisingly rational on second look.
I’m pretty sure he thinks allies of the US are beta males that follow the US alpha male…
Vance said Trump was "America's Hitler". Before Vance realized that he could get power by supporting Trump.
You seem to be using "he thinks" in the sense "Vance genuinely believes". I am not convinced Vance believes anything, his actions look like pure opportunism.
I actually don't understand what Carlin is saying, then. "The wars I don't like are bad"?
An overbroad and often false generalization is not a good joke. So yes, it isn't much of a joke.
Asia is $60/bbl higher.
Asia get their oil through the Hormuz straight. Of course their oil price is higher.
There probably isn't oil tankers enough in the world to equalize the supply between the US and Asia. Hence you should not expect the price to be perfectly equalized between the US and Asia.
We have tons of untapped oil fields
But that is likely irrelevant for the timescale of this conflict, right? Surely the lead time for bringing new oil fields online is measured in years.
Oil prices are pretty global. If you look at the prices for European oil (Brent crude) and US oil (West Texas Intermediate), then they are $14 apart. Which is not nothing, but WTI is still up by 63% from pre-war. That is still going to hurt the US economy, a lot.
Also, in the US the oil price windfall is privatized, while the oil price pain is socialized. So the US will still feel almost the full pain.
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Iran's proxy the Houthis made a promise to also only hit enemy ships. And then shot at everything that moved - ships were sunk where people could see no connection.
It is quite reasonable to doubt how precise Iran is here...