Even if Trump’s war ended today, US fuel prices aren’t likely to normalize this year. Prewar US gas prices averaged about $3 a gallon nationally – kiss that number goodbye for 2026. Even if the conflict ends tomorrow it could take “months or years” for prices to return to prewar levels.
Source: mafco
9 Comments
Don’t worry my President, Donald J. Trump, knows what he is doing. He has been anointed by God to lead our nation and defeat the forces of evil that are trying to tear us down. He is playing five dimensional chess and has the U.S., Iran, and the world exactly where he wants them.
Gas prices will soon be .99 cents a gallon, factories will be rebuilt and exploding with jobs paying $70 an hour, a critical White House 10,000 person ballroom will built, an arch honoring the greatness of Trump reaching 100,000 feet above DC, the biggest and best ever, will be built and Greenland, Venezuela and Cuba will become the 51st, 52nd and 53rd states, though none of their residents will be allowed to travel to the mainland U.S., well except for maybe the white, straight, Christian, English speaking ones from Greenland.
You just have to trust my President, Donald J. Trump, and his magical process. THANK YOU FOR YOUR ATTENTION ON THIS MATTER!!!!! /S
It won’t take years. Months is definitely correct.
Wait til he pushes the red button and all the oilfields and equipment become radioactive. Then youre talking decades; it’ll be the death knell for oil and renewables will take over.
Regulating the US oil market could return lower costs. Some US oil, natural gas, and coal is mined from public lands/seas – about 40% of coal and 25% of oil and gas. So the price could be controlled for that. Doubt coal is that profitable, and there are years of coal mining bankruptcies.
In the US, and much of the world, energy is mined by private companies. So there is a complex chain of pooled costs from exploration, to mining, to transport, refining, and delivery.
You could institute a windfall profit on US oil companies and subsidize consumers. Or you could go all-in on EVs. China will be using this period to expand their international EV market.
You can see what the independent financial system thinks by looking at oil futures.
During the 1973 oil embargo, gas went from 25 to 35 cents to over a dollar a gallon in 6 to eight months. If I remember right. The $5 a gallon you see now will look cheap come September, I am sure of it.
Bahahahaha bahahahaha
Just the fact that they know we will still buy it is enough to not lower.
He sure is good at screwing people. Too bad that’s not the top quality we need in a president.
Trump is a plant designed to promote renewable energy. In the U.S. economics is everything. Expensive fuel will cause exploration, adoption, and innovation in renewable energy.