WhiteFish

Pierluigi Basile ML live again have the pre match ML as well

I voted for President Trump three times, and I’d gladly do so again. That said, I have a sincere, question about something I’m genuinely trying to understand. If the U.S. is energy independent, why are gas prices spiking again? They are getting close to the highs we saw under Biden? I know tensions with Iran are playing a role right now, but I thought energy independence was supposed to shield us from these kinds of swings. Can someone explain what’s driving this? I’m not here to criticize Trump, just looking for a clear explanation. Thanks.

🇺🇸 U.S. oil exports hit a record 6.4 million barrels per day

Why is the U.S. exporting record levels of oil if I’m still paying 50% more at the pumps? Make it make sense.

Thanks to President Trump stumbling into a long war with no plan, Americans are now paying more at the pump — and that doesn’t appear to be stopping any time soon.

The Big Four airlines (American, Delta, Southwest, United) control 75% of the U.S. market. Fewer choices = higher prices for you.

This is all because Trump is waging war on Iran and broke his campaign promises of no more foreign wars and no more foreign regime change. And it’s only going to get worse as food prices will surely rise as well. Also, our poor truckers are paying insane prices for diesel.

⛽ U.S. gas prices have surged to the highest national average since August 2022 - $4.23 per gallon for regular unleaded - driven by escalating tensions with Iran and disruptions to global oil. Prices jumped over 20 cents in one week and are up roughly $1.08 month-over-month. ▪️The 10 most expensive states: California — $5.89 Hawaii — $5.46 Washington — $5.36 Oregon — $4.96 Nevada — $4.94 Arizona — $4.70 Alaska — $4.59 Idaho — $4.27 Illinois — $4.25 Florida — $4.22 Analysts say prices are likely to stay elevated and continue to rise as long as geopolitical tensions and supply disruptions persist.

Trump thinks the blockade will force the Iranian's to come back to the table. The belief is that with no oil revenue, they will relent. But history tells a different story. After the period of "maximum pressure" sanctions in 2018, Iran's oil exports dropped over 80% and remained at those levels for over 5 YEARS. During that period, they didn't relent nor change their ways. Crucially, the reduction in their exports didn't severely damage their oil infrastructure as they were able to ramp it up again from 2023 onward. Perhaps this reality is why Trump is again considering attacks on Iran.

US crude exports hit a record 6.4 million bpd last week The US is the supplier filling the gap it's enforcing. Source: DOE / ZeroHedge

Amid the impact of Economic Fury, Iran’s currency has hit an all-time low. The Iranian people deserve a new era, which the corrupt and shambolic Iranian regime cannot provide. With their oil industry closing and their currency plummeting, it is past time for the Iranian regime to concede that the people of Iran deserve much better than the ruins of their current regime can provide.