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YZF 7 hours ago | parent | next [-]

Oil is a globally traded commodity so the US definitely does care. The US also does consume oil from the gulf.

That said this term is not going to be acceptable to anyone so it's likely not going to happen. It remains to be seen where we'll be after the two week ceasefire that Iran declared it would never accept (no ceasefire, only end of war). Iran certainly has some leverage but so does the US.

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throwaway7783 8 hours ago | parent | prev | next [-]

So we go and say "a whole civilization will die tonight".

	▲	zozbot234 36 minutes ago \| parent \| next [-]
		> So we go and say "a whole civilization will die tonight" As it turns out, it's not just Trump's immense wealth that's worthy of a Croesus.
	▲	direwolf20 2 hours ago \| parent \| prev [-]
		They had to rapidly back off when they realized which civilization that was

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abhiyerra 8 hours ago | parent | prev | next [-]

California is more reliant on foreign oil. https://www.energy.ca.gov/data-reports/energy-almanac/califo...

And seems about 23% comes from the Middle East. https://www.energy.ca.gov/data-reports/energy-almanac/califo...

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epistasis 7 hours ago | parent [-]

Gas prices going up across the country shows that all of the US is reliant on foreign oil, even if none of it ever touches the state.

The idea of counting "reliance" based on the exact shipping route that serves you today is nonsense.

	▲	abhiyerra 7 hours ago \| parent [-]
		All oil is global commodity and the US refineries can’t take the oil that the US produces. So they mix it with heavy sours from Canada so the refineries can handle them. So a lot of the oil in the US is dependent on foreign oil as you said.

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epistasis 8 hours ago | parent | prev | next [-]

I don't think you understand how commodity markets work, in particular oil, which is easy to ship relative to extraction costs.

It literally doesn't matter where the oil comes from, it only matters how much gets shipped! Only an utter fool could say something like "closing off the strait of Hormuz doesn't matter because our oil doesn't come from there." One merely has to look at current US gas prices to see how utterly silly that notion is!

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yellowapple 7 hours ago | parent [-]

> One merely has to look at current US gas prices to see how utterly silly that notion is!

We could probably slash gas prices by banning oil exports, thus removing domestic oil supply from global market pricing (barring smuggling). The oil industry would probably hate that, though, for obvious reasons.

Ultimately, though, this is yet another wakeup call for why an economy and society built around lighting a finite resource on fire is a bad idea, and hopefully this time around that wakeup call sticks.

	▲	adwn 6 hours ago \| parent [-]
		> We could probably slash gas prices by banning oil exports, thus removing domestic oil supply from global market pricing (barring smuggling). To my understanding, you couldn't do this, no. The US is a net oil exporter, but many of its refineries are tuned for processing oil with a chemical composition that isn't found in the US, or not found in sufficient quantity. So the US has to both import and export oil, it can't just replace imports with exports.

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skeeter2020 7 hours ago | parent | prev | next [-]

yeah, that's why the biggest single problem facing Trump right now is the price of gas at US pumps, which is weird because based on your understanding of global trade it hasn't gone up at all...

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estearum 8 hours ago | parent | prev | next [-]

Funny how the only people who believe that are the people who have been wearing the red hats for years now

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dzhiurgis 8 hours ago | parent [-]

[flagged]

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estearum 8 hours ago | parent [-]

Uh no. It is empirically not egg on the face of the people who believed it was not possible to improve the Iran situation militarily. The US's failure just proved them correct.

Yes, I agree this is bad. In fact it's worse than it was a few weeks ago.

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YZF 7 hours ago | parent [-]

[flagged]

	▲	ImPostingOnHN 5 hours ago \| parent [-]
		Your post makes a lot of bold claims (lack of support post-attacks, current missile production numbers, large portion of internal security folks killed). From where did you get that info? > I'm not sure that we are worse than a few weeks ago By every measure I can find, we are worse off: everything costs more, I am at greater risk of attack at home and abroad; the theocracy in Iran has moved to consolidate power similarly to the theocracy in israel; more Iranians support the regime since they're all being attacked together; the global standing and trust of the USA is further diminished; allies have been shunned and insulted; war crimes are now OK according to the USA; billions have been wasted; stocks of interceptor missiles and other weapons are dangerously depleted; the USA and israel look like losers on the world stage now. Oh yeah, and a bunch of innocent people (including lots of children) were killed in the bombing. And that's all right now, no "wait and see". Are there any measures which indicate we're better off? Even if we assume the ones you listed were true, they are outweighed by all the damage listed above, and aren't particularly valuable to the USA, which generally did not suffer from random Iranian missile strikes or invading Iranian internal security forces prior to this war.

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Onavo 8 hours ago | parent | prev [-]

Oil is a mostly liquid (pun intended) market.