Comment by cmrdporcupine
3 hours ago
It's clear the net effect is a subsidy to the North American hydrocarbon sector at the expense of Europe and China and India. Oil prices were falling, now they're not. Places like Alberta were going to run a deficit because oil prices were low. Now they're not. People were buying from the middle east. Now they're less-so.
Stated goals and whether this was accidental is a whole other question.
I'm not sure why people as a whole don't seem to have absorbed the fact that North America is an energy exporting economy now, not a net importer.
The question is whether North American consumers really like that they're paying so much more at the pump (and, shortly, for food prices) on account of oil executives making off like bandits.
Ok, if we mean the effect I agree. But the parent was talking about intent, or at least that’s how I read it
What do we actually know about the intent of any of these lunatics?
At that level of decision making and power this is not something that is ever going to be clear.
You can only go based on material effect.
Going to war with Iran has been the unambiguous goal of Israel for decades. In absence of strong evidence to the contrary, the default assumption should be that that was the motivation.
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