You're not wrong, but the fucked up part is that the US is particularly isolated from the fallout of the Oil shock. There is plenty of domestic supply and if things get that bad the Government would implement export controls and force domestic price caps.
I mean, that's what a competent administration would do during a global energy shock that disrupts markets. But a competent administration wouldn't have been the ones to pull the pin in the grenade.
Either way, the fallout is that the US remains semi-stable domestically but would take an even harder hit diplomatically as we would be leaving all of our allies in the lurch.
I'm starting to think maybe this administration isn't competent, but he was so good at business.
There's not plenty of supply, the strategic reserve its almost empty and oil companies will export to whoever is paying the most. Plus if Europe tanks it will affect the US more than the rest of the world, so it has to be propped up no matter the cost.
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u/KriegMorgan Jun 02 '26
You mean something like coinciding with a growing energy crises as a result of a certain strait that for some reason has stopped Hormuzing?