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cm0002@suppo.fi to World News@quokk.au · 8 days ago

U.S. Has Used Up Most Options to Soften the Oil Price Shock

oilprice.com

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  • cross-posted to:
  • news@hexbear.net
  • worldnews@lemmygrad.ml
  • worldnews@lemmy.ml
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U.S. Has Used Up Most Options to Soften the Oil Price Shock

oilprice.com

cm0002@suppo.fi to World News@quokk.au · 8 days ago
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5
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fedilink
  • cross-posted to:
  • news@hexbear.net
  • worldnews@lemmygrad.ml
  • worldnews@lemmy.ml
U.S. Has Used Up Most Options to Soften the Oil Price Shock | OilPrice.com
oilprice.com
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The U.S. has already used most emergency tools (SPR release, waivers, tanker support) to curb rising oil and gasoline prices, but these measures have had limited impact.
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  • Raiderkev@lemmy.world
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    8 days ago

  • 20cello@lemmy.world
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    8 days ago

    They could leave the Strait of Hormuz, for example

    • Brave Little Hitachi Wand@feddit.uk
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      8 days ago

      Step 1. Make yourself into the “world police”

      Step 2. Spend hilarious amounts of money on the military

      Step 3. Use all of it on endless wars

      Step 4. ???

      Step 5. ???

    • Fleur_@aussie.zone
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      7 days ago

      I don’t think it’s geopolitically possible for the US to cede the straight to Iran at this point. It will happen eventually but I suspect it won’t be the realisation of price of American gas that does it, more the realisation of the price of American blood

  • Tollana1234567@lemmy.today
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    7 days ago

    softening was EV/renewables.

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