And/or ramp up production in other countries not dependent on the strait. One way or the other the market will eventually react to stabilize prices, it just takes a while (years) for the infrastructure necessary to do that to be built.
This situation reminds me of when I quit cigarettes because I got really sick, and then after a few months of recovery, I asked myself "Do I really want to start smoking again?"
No, I did not, so I did not.
I don't think we are going cold turkey, but Trump probably couldn't have given the green movement a better gift.
There has been a tendency for each of the last 4 presidents to do the opposite of their campaign slogans. GW Bush was "Compassionate conservatism" in 2000, and then he started 2 wars and radically expanded both the federal budget deficit and the federal government. In 2004 it was "A safer world and a more hopeful America", and look where we are now. Obama's 2008 slogans included "Change", "Hope", and "Yes we can", and then we got more of the same, proving that no we couldn't. His 2012 slogan was "Middle class first", and then 2012-2016 featured the evisceration of the middle class. Biden's 2020 slogans were "Build back better", "Restore the soul of the nation", and "Our best days still lie ahead", and none of those seem particularly descriptive of what actually happened 6 years later (though I'll grant that the Biden presidency was a normalcy reprieve after COVID and Jan 6).
Donald Trump's slogans were "Make America Great Again" and "Drill baby drill", and so of course he's been destroying America and kickstarting the green revolution through high oil prices.
It would be ironic if after decades of leaders talking climate crisis but not doing anything that caused global fossil fuel use to stop rising, president "Global Warming Scam" ends up getting it to fall through military incompetence.
Iran can hit any pipeline on the peninsula if they have an accurate enough weapon (or get lucky) and it's not shot down. Their weapon ranges covers the entire Arabian Peninsula.
idk why you think "nation states" are any better at corporate governance than poster examples of bad like f/ex Boeing. Or Facebook. Or Microsoft. Or Enron for that matter.
I assure you, in "nation states", that is in gov agencies it's an order or two of magnitude worse.
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