- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Would the strait being really closed, to all traffic, be bad for the US?
Posted on 4/5/26 at 12:14 pm
Posted on 4/5/26 at 12:14 pm
Wouldn’t this mean we would sell more oil at higher prices?
This post was edited on 4/5/26 at 12:15 pm
14
Posted on 4/5/26 at 12:17 pm to Dawgfanman
Buy and sell at a higher cost?
Yes, thats how it works in a global economy
Yes, thats how it works in a global economy
This post was edited on 4/5/26 at 12:19 pm
Posted on 4/5/26 at 12:32 pm to Dawgfanman
Define “we”.
I’m sure my and your large cap funds in my 401k include oil companies so I guess we going to profit on some small level. Will it be enough to offset the inflation in caused by global disruption of commodity markets? Idk.
I’m sure my and your large cap funds in my 401k include oil companies so I guess we going to profit on some small level. Will it be enough to offset the inflation in caused by global disruption of commodity markets? Idk.
Posted on 4/5/26 at 12:32 pm to Dawgfanman
Eventually. But initially, it will mean higher prices for all.
This is why Trump told Europe to take care of the Strait themselves.
This is why Trump told Europe to take care of the Strait themselves.
Posted on 4/5/26 at 12:34 pm to Dawgfanman
Just keep you eye on Australia. They are fixing to be in a real jam. Even though they have horrible government, they are still one of our closest allies.
Posted on 4/5/26 at 12:35 pm to texas tortilla
Why?
Posted on 4/5/26 at 12:37 pm to Dawgfanman
OIL companies finna eat here on US ground.....and Venezuela too!!!!
Screw the whore-moose strait!
Let China go open up their supply!
Screw the whore-moose strait!
Let China go open up their supply!
This post was edited on 4/5/26 at 12:38 pm
Posted on 4/5/26 at 12:40 pm to Dawgfanman
quote:
Wouldn’t this mean we would sell more oil at higher prices?
As far as I know, the US (govt) doesn't sell oil.
Low oil was a huge key to Trump's 1st term success.
When the strait is open, im expecting a gangbusters economy. But we have to earn that right first
Posted on 4/5/26 at 12:40 pm to Nome tiger
quote:
Will it be enough to offset the inflation
Higher prices due to supply and demand is not inflation.
Posted on 4/5/26 at 12:42 pm to Dawgfanman
Yes, … anything that hinders or obstructs free-commerce in a choke point is not good to the US or most western nations.
Posted on 4/5/26 at 12:42 pm to texas tortilla
Well it’s going to help the US oil industry expand.If nato and other countries don’t do their part to open the strait they will suffer the most.The worst thing that could happen is this could cause a global crash of the economy,which would be devastating to everyone.On this Easter Sunday PRAY for the world and leaders to come to their senses and pray for peace.
Posted on 4/5/26 at 12:45 pm to Dawgfanman
quote:
Would the strait being really closed, to all traffic, be bad for the US?
Yes. It would be bad for the entire world. It should be immediately apparent to you that it's already having an impact. The longer it is closed, the more that impact will be felt.
We're already looking at higher gas prices likely until the end of this calendar year. And by "we" I mean the entire world.
Posted on 4/5/26 at 1:05 pm to lake chuck fan
Trump told EU to take care of the Straight itself as he caused this and can't protect it himself, wants out and/ or someone else to fix it for him.
Also, he is too stupid not to get out,
Also, he is too stupid not to get out,
Posted on 4/5/26 at 1:07 pm to Dawgfanman
quote:
Wouldn’t this mean we would sell more oil at higher prices?
we?
you won't see a goddamn penny
Posted on 4/5/26 at 1:15 pm to Nome tiger
quote:
I’m sure my and your large cap funds in my 401k include oil companies so I guess we going to profit on some small level. Will it be enough to offset the inflation in caused by global disruption of commodity markets? Idk.
Individually? It’s like you said. As a country we would profit from it. And individual calculations should include your share of the tax revenue and government royalties. Although you can’t spend it, they tend to reduce the debt which benefits you.
Posted on 4/5/26 at 1:22 pm to Dawgfanman
If the strait is closed, how does Iran engage in the sale of oil? Isn’t that trade its major source of wealth? How do Iranians acquire products shipped to Iran from its trading partners?
Posted on 4/5/26 at 1:24 pm to beachdude
quote:
If the strait is closed, how does Iran engage in the sale of oil?
They didn't close the strait for their own ships, they've been moving freely. They're going to have pretty serious issues soon though with infrastructure being taken out.
Posted on 4/5/26 at 1:24 pm to Dawgfanman
Hopefully it stays closed for good. High oil prices are good for the US. I’ll never complain about a good thing.
Posted on 4/5/26 at 2:02 pm to JohnnyKilroy
quote:
Hopefully it stays closed for good. High oil prices are good for the US. I’ll never complain about a good thing.
Considering high oil prices filters down to nearly every consumer product we buy, no...no it's not a good thing for the US either. Americans aren't going to be getting more money because of higher oil prices but they're certainly going to be spending more, so how is that a good thing?
Posted on 4/5/26 at 2:41 pm to PurpleCrush
quote:The oil does not belong to the government. It belongs to the USA producers, who, in a world where oil is not flowing out of the Middle East are more than happy to ship it out to whoever will pay asking price. That might not be good for your pocketbook, as suppliers scramble for production.
Buy and sell at a higher cost?
Yes, thats how it works in a global economy
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News