FastLane
Verified User
Good thing we use very little Brent crude instead we use domestic production and sour crude. We import sour crude at discount and sell domestic sweet crude full price.
Trump begs communist China to help him secure the Strait of Hormuz
- Thread starter Cypress
- Start date
Oil is fungible, so high price Brent means high price WTI.
FastLane
Verified User
Yes but we use a lot of cheaper sour crude and sell a lot of the WTI sweet crude. Diesel is made from sweet crude and that is the main reason it cost more than gasoline.
Again, the sour crude oil prices go up with the price of Brent and WTI.
Agreed about Iran and Trump's irrationality. Also agreed he didn't carefully calculate the results of his actions. He's now in a hole of his own making and wants others to help him out. Typical of a man-child.
MAGAts always whine about globalism but keep proving they don't have a clue what it is or how it works.
Trump took a national policy to start a war and now wants a global solution to solving the problem he created.
Globalism: A Concept to Understand Our Times - The Globalist
Globalism appears caught in the crosshairs of both the political right and the political left. Is there a constructive way to define the term “globalism”?
www.theglobalist.com
Acceptance of the concept of “globalism” does require one single leap of faith: One must be ready to give up the assumption that a nation has it entirely in its own hands to fix all of its problems.
They need someone to blame for their personal failures, and it is not themselves.MAGAts always whine about globalism but keep proving they don't have a clue what it is or how it works.
Trump took a national policy to start a war and now wants a global solution to solving the problem he created.
Therefore, the purpose of globalism is by no means a world government. It is not even an attempt to force global political integration. It simply represents an acknowledgment of the need for global policy coordination. It seeks to provide workable solutions to global problems via global coordination and nation-state implementation.Globalism: A Concept to Understand Our Times - The Globalist
Globalism appears caught in the crosshairs of both the political right and the political left. Is there a constructive way to define the term “globalism”?
Acceptance of the concept of “globalism” does require one single leap of faith: One must be ready to give up the assumption that a nation has it entirely in its own hands to fix all of its problems.
two words: "International Market".
You really just don't have a clue how shit works, do you.