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Synaesthesia 7 hours ago

The big loser in this war is Europe and other roil importing nations.

The US is a major oil and has producer. It's benefiting from this war of aggression and not even taking any damage.

Oil companies and arms manufacturers are having a bonanza.

After the violence wracked 20th century I was hopeful the 21st century would be a bit more enlightened ...

cogman10 4 hours ago | parent | next [-]

> The US is a major oil and has producer. It's benefiting from this war of aggression and not even taking any damage.

Oil companies are benefiting, everything else in the US suffers. Money isn't going to trickle out of these oil companies to spur economic activity.

Nations that benefit from the war do so because of nationalized oil production. Any nation without that is going to ultimately suffer because that added oil revenue doesn't make it's way back to the public.

All nations are going to look at increased food costs and potentially even shortages next year due to increased fertilizer and transport costs.

measurablefunc 4 hours ago | parent [-]

It's not that simple. Production costs have gone up for everyone, inflation is going to get worse so the simple logic of "higher prices, higher profits" doesn't really work in this case.

cogman10 4 hours ago | parent [-]

There will be a short term long term thing with this. I agree with you that ultimately everyone loses long term. Short term the higher prices will result in higher profits which will enrich whoever owns the oil.

We aren't at the end of the inflation, though, that's going to hit. This is only the beginning. Next year will be when things really go south. At this point it's not a question of if, but rather how bad.

measurablefunc 3 hours ago | parent [-]

I agree.

cm2187 4 hours ago | parent | prev | next [-]

The US consumer will still pay more at the petrol station. Doesn't matter to them that some big oil companies are making a killing somewhere else in the US. US consumers vote.

oefrha 4 hours ago | parent [-]

Hey, everyone benefits from the rise in GDP per capita due to oil companies and MIC making a killing. /s

kackerlacker 4 hours ago | parent [-]

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thatcat 2 hours ago | parent | prev | next [-]

Pretty sure the big losers are US missile intercept systems manufactures since they've basically been outed as useless so I'm not sure who would want to buy them now. And Israel, of course, who is getting struck as a result of their over reliance on these systems. US bases are being wrecked, all the radar systems are gone, several carriers damaged - not sure that is no damage.

froggy an hour ago | parent | next [-]

Which missile intercept systems do you refer to? Surely not the Patriot which has proven to be most effective in Ukraine. Due to poor planning, it sounds like the Patriot stocks have been blown thru so now things are exposed.

JumpCrisscross 2 hours ago | parent | prev [-]

> losers are US missile intercept systems manufactures since they've basically been outed as useless

What? How? Why do you think their order books are swelling?

pzo 4 hours ago | parent | prev | next [-]

> The big loser in this war is Europe and other roil importing nations. > The US is a major oil and has producer.

US citizens are loosers as well since cost of oil increased for them as well. This will also have inflation impact on other products from them as well on top of previous tariffs.

comrade1234 3 hours ago | parent [-]

It's "losers"

orwin 3 hours ago | parent | prev | next [-]

Crude oil isn't as commoditized as LNG. Europe refineries (at least France, but probably most of Western Europe) are made to refine oil from Africa and the north sea, and wouldn't know what to do with ME oil anyway. Algeria or Libya can't suddenly sell their crude to asia or the US, because the refineries able to transform it are in europe. This will hit european countries that depends on LNG, but the impact on crude oil price in both the Texas index and the north sea index will be felt way less than in Asia.

If you are talking about the refined product: it will hurt everyone the same, except the executives from big oil, and again, not that sure, because increased transportation/transformation costs decrease productivity, and we can enter a credit crunch that will harm debt-fueled economies pretty hard..

vrganj 4 hours ago | parent | prev | next [-]

Longer term Europe is positioned to come out of this looking pretty good.

Renewables already surpass fossil fuel in the energy mix [0], this will only accelerate the shift to energy independence.

It's countries that actively resisted diversifying their energy mix like the US that will feel the long term pain.

[0] https://www.theguardian.com/environment/2026/jan/22/wind-and...

JumpCrisscross 4 hours ago | parent | next [-]

I like your optimism. But I don't see the plan. The short-term impact is going to be nasty–regardless of trend, Europe depends on imported oil and gas. The same Europe that is currently financing an expensive military buildup.

The answer is to strike a deal with China. Unfortunately, that requires compromising on some values.

> countries that actively resisted diversifying their energy mix

Rhetoric aside, America continues to add renewable capacity [1].

[1] https://www.eia.gov/todayinenergy/detail.php?id=67367

vrganj 4 hours ago | parent [-]

I have long been advocating striking a deal with China.

The US has been trying to sell out Europe to Russians in a misguided quest to win them over against the Chinese.

The only reasonable reaction is a Metternichian rebalancing of powers.

JumpCrisscross 4 hours ago | parent | next [-]

> only reasonable reaction is a Metternichian rebalancing of powers

It's rational, but it comes at costs. (And with costs.) China would have to put a stop to Putin's revanchism. Otherwise, Europe is just financing its burial and subjugation. And the EU would have to sign off on China's human-right records, and, in all likelihood, Taiwan policy. That, in turn, sets up a clash with the rest of Asia.

vrganj 3 hours ago | parent [-]

That is pretty much my opinion as well.

metalman 3 hours ago | parent | prev [-]

China is cutting two deals, one with themselves, and another with everybody else. They have one overriding rule which applys internaly and externaly, dont mess with the brand, ever ,or it will cost you more than you can pay. Also if you dig into things you will find that China has certain trade practises that they have been in place for 3000 years without a pause, and therein lies the only "deal" they will make. Another also is the recognition by China of modern Iran, bieng another "elder civilisation" that they have comonalities with but never had issue with.

laffOr 3 hours ago | parent | prev [-]

I was extremely surprised by this figure, so I checked the article and it's not "Renewables already surpass fossil fuel in the energy mix" but "Renewables already surpass fossil fuel in the electricity production" right? This is a massive difference. According to Wikipedia, fossil fuels were about 75% of the energy mix in the UK (to take on example) as late as 2024.

JumpCrisscross 4 hours ago | parent | prev | next [-]

> Europe and other roil importing nations

Europe and Asia have been royally screwed by this war. Ironically, the winners are Russia, in absolute terms, and China, relative to its neighbors.

vrganj 4 hours ago | parent | next [-]

Almost as if the US president was primarily pursuing Russian interests...

JumpCrisscross 3 hours ago | parent [-]

> as if the US president was primarily pursuing Russian interests

Comforting to imagine someone is in charge. But given the President's inability to even pursue his own interests coherently, I'm going with Putin got lucky on this dice roll.

gib444 4 hours ago | parent | prev [-]

> Ironically, the winners are Russia

Where's the irony if that was the plan?

bestouff 4 hours ago | parent | prev | next [-]

US oil producers will win yes, because the prices are going up and they can provide. But the US consumers will feel it badly.

graemep 4 hours ago | parent | prev | next [-]

The big loser is Asia. Heavily dependent on oil going through Hormuz.

> After the violence wracked 20th century I was hopeful the 21st century would be a bit more enlightened

People hope for that every century.

JumpCrisscross 4 hours ago | parent [-]

> People hope for that every century

And statistically speaking, we may have achieved it. At least since 1950, possibly since the Industrial Revolution, speculatively for millenia, war has become less lethal [1].

[1] https://en.wikipedia.org/wiki/The_Better_Angels_of_Our_Natur...

chinathrow 4 hours ago | parent | prev | next [-]

Time to get off if oil, like yesterday.

mmooss 4 hours ago | parent | prev | next [-]

> violence wracked 20th century

After WWII, I believe it was one of the most peaceful times in human history. For one thing, the post-war order - the UN, EU, international law, etc. - effectively stopped international war (with a few exceptions).

> 21st century

Even more peaceful, though the prohibition against international war has been violated with the intent of returning to the pre-WWII world.

twodave 4 hours ago | parent | prev | next [-]

"Enlightenment" is for civilizations with enough might to enforce it.

dlev_pika 4 hours ago | parent | prev | next [-]

> After the violence wracked 20th century I was hopeful the 21st century would be a bit more enlightened

The Trump presidency feels like the dying tremors of imperialist, oligarchic, patriarchal IXX century leadership that resists to disappear.

Like the other two septuagenarian boomer leaders blowing up shit across of the world - Putin and Bibi

nine_zeros 4 hours ago | parent | prev [-]

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