White House officials are bracing for oil prices to surge past the $150-a-barrel mark as the Iran war stretches into its second month and the Strait of Hormuz remains largely closed, according to a new report.
In recent weeks, the average cost of a barrel of crude has hovered around $100, a figure that the Trump administration now sees as the new “baseline,” though a potential spike to $200 hasn’t been ruled out, a source familiar with the matter told Politico.
As a result, officials have entered “all hands on deck” mode, urgently evaluating options to tame soaring oil prices — which pushed gas above $4 a gallon this week and risks inflating costs across the broader economy.
I really want to see Iran say they’ll reopen it only after trump is personally handed over to stand trial for his war crimes…
It will never work, but it’ll fracture his support and more importantly he’ll be ome convinced it’s gonna happen and start turning on his own cronies even if they’re loyal.
Trump officials bracing for nightmare scenario of renewable energy and end of global hegemony.
What exactly are they “bracing” for? Not a single one of them has to pay out of pocket for it.
They are bracing for the voters to finally turn on them. Commit fraud? It’s fine my gas is cheap. Sex with children? Eh whatever I don’t want to consider if that’s true or not as long as my gas is cheap. Bomb a school overseas? Whatever you’ve gotta do to keep my gas cheap. GAS PRICES ARE UP?! WTF IS THIS ADMINISTRATION DOING?! VOTE THEM OUT.
It’s sickening, but it seems the price of gas is really all that matters to the Republican voter.
This country has done nothing except wait for someone else to solve the “trump problem.” Protests are great to show unity and dissatisfaction, but I don’t think the regime cares. Protests are not force, and the only thing, if it isn’t obvious, this administration understands is abuse and use of force. They’d probably be fine with a Tiananmen Square scenario in the US, it would justify the final grab for power.
That said, I hope you’re right and gas is finally enough to force change. Hopefully we don’t replace one idiot with another.
The cost of diesel, the lifeblood of the U.S. economy powering freight and manufacturing, also pushed past $5 a gallon this month, marking the highest rate since 2022. Experts have warned that the elevated price of diesel, made from crude oil, will trigger knock-on effects on groceries, shipping and construction.
Around 80% of Americans live in cities, where there is nowhere to grow realistically self-sustaining quantities of food. If people can’t buy groceries because it’s no longer economically viable to ship food products to stores, what’s the point of anything else?
Kind of an off point, but in the US, if the options are: grow your own sustaining quantity of food or starve to death. We’re all starving to death.
They’re gonna nationalize our oil aren’t they? Required sale to the government at a set rate and then government will turn around and sell into the domestic and international markets to balance prices at our pumps.
It’s about the only option other than stop bombing Iran and that’s not happening.
Do it. First war and now gas prices. Two huge sore points for his base.
He really wants to kill the economy so his rich buddies can buy everything up cheap.
The GOP already knows that they have lost the majority, so they try every trick in the book to keep non-republicans from voting. But with those gas prices, even hardcore country yokels who voted for anything with “REP” to it, dead or alive, might start thinking about this.
Yeah, preparing to be even bigger assholes to hold onto power and avoid accountability.
get in line for windmill powered EVs. self own king
Trump officials prepping for nighttime scenario as Trump dies…
When is trump not a nightmare scenario?
