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iqihs 6 hours ago

the entire economy of California being dependent on how Iran is feeling on a given day is crazy work

neaden 5 hours ago | parent | next [-]

Who do you think started the current war?

traderj0e 5 hours ago | parent | next [-]

This is oversimplifying war. Whoever struck first isn't necessarily the one who created the conflict.

4 hours ago | parent | next [-]
[deleted]
za3faran 4 hours ago | parent | prev [-]

In this case it is.

traderj0e 4 hours ago | parent [-]

I don't know, can see this either way. Iran's leadership has been stating for decades that they want to destroy Israel. They've been funding militias who launch rockets at Israel, during times when Israel wasn't threatening Iran's existence in any way. They were launching rockets just before this war started. But US pulled out of nuclear deal and killed Iranian leaders during first Trump administration, and has been meddling with Iran for decades.

All I'll say for sure is the US shouldn't be involved, and shouldn't have taken such a one-sided approach during Israel's founding. None of this benefits us, we simply have traitors in our government.

whatthesmack 4 hours ago | parent | prev [-]

Iran did, by killing over 1000 Americans over the last 47 years.

traderj0e 4 hours ago | parent [-]

So what, how many Iranians did the US kill?

hvb2 5 hours ago | parent | prev | next [-]

The US is an exporter of oil, so no US state will run out.

However, you do pay the market price.

doug_durham 5 hours ago | parent | next [-]

Yes it is a net exporter of oil, but not oil for gasoline. The use is a net importer of oil used for gasoline. That's because oil companies have chosen to not make the investments needed to refine domestic oil. We have to import for that.

repelsteeltje 5 hours ago | parent | prev | next [-]

The article mentions that California no longer is. Due to closures it is now a net importer of oil.

hvb2 3 hours ago | parent [-]

Sure, I'm trying to say that the US is not dependent on oil from the middle east, it produces a lot by itself

daedrdev 5 hours ago | parent | prev | next [-]

CA mandates its own blend which it is dependent on imports for

greenavocado 5 hours ago | parent | prev [-]

California is very poorly connected to the rest of the country in terms of pipelines https://www.bts.gov/sites/bts.dot.gov/files/2021-03/U.S.%20P...

smlacy 6 hours ago | parent | prev | next [-]

Yeah especially given that California is a leader in renewable energy sources.

hvb2 5 hours ago | parent | next [-]

Renewables is for electricity. Oil is used for a lot of things that electricity can't replace, or not yet

jeffbee 5 hours ago | parent [-]

Much of what fossil fuels are used for is to refine fossil fuels, a use that we don't need to entirely replace.

bdcravens 5 hours ago | parent | prev [-]

Yes, but even the renewables market is dependent on petroleum-based transport and infrastructure.

triceratops 5 hours ago | parent [-]

But the more renewables get used the less true that is.

bdcravens 4 hours ago | parent [-]

Possibly, or more infrastructure is needed to support the growing demand for renewables, and the equipment is often trucked around using standard freight (large trucks or airplanes), concrete trucks to pour slabs, etc.

triceratops 4 hours ago | parent [-]

Electric trucks are rapidly becoming a thing. And even if not, more trucks delivering equipment for renewables get balanced out by more EVs.

Not to mention natural gas and oil will always need to be shipped around. Whereas when you have enough renewables and a grid that can supply enough electricity, shipping panels and batteries drops by a lot.

bdcravens 4 hours ago | parent [-]

Yes, and I look forward to when electric freight is a thing, but I do think it's an overstatement to say they are "rapidly becoming a thing". Articles about electric trucks among the HN crowd make it feel that way, but those are tests that don't really reflect what's happening in the market. (Most of the available data puts the overall percentage of freight moved by renewables at less than 0.1%). I suspect we're 10-20 years away from a time when a majority of DC chargers, solar panels, or wind turbines are transported using something other than gasoline or diesel.

Don't get me wrong, I'm quite dogmatic about renewables (we have 2 EVs, pay more for various renewable options, aggressively recycle, avoid single-use plastics, etc). I'm just pragmatic in my outlook.

edmundsauto 5 hours ago | parent | prev [-]

Isn’t it more dependent on how Trump is feeling? That makes it much more depressing for the leader of the country to be messing with our largest economy like this.

traderj0e 4 hours ago | parent [-]

I began assuming long ago that Trump is just manipulating markets. Like my finances are managed under that assumption.