Patrick Boyle

politicians want to lie to you and say, I have a solution.

I've all these great ideas.

One good trick and the British economy will be great.

And it's like, oh, well, you said it on the campaign trail.

Can't everyone implement?

It's not a good trick.

And people buy it because it sounds good.

It sounds like you're going to fix my problem.

Great.

And even they'll sometimes recognize, like they'll say, well,

I don't think he will fix my problem, but at least he understands I have a problem.

They'll even vote in a person who they know it's a failed policy, but they hope that it's a step in the right direction.

The issue is that even if it opened up tomorrow, those problems are still kind of in the pipeline because essentially everyone's sort of saying like, oh, prices have gone up a little bit, but we haven't really run out of anything.

And one of the reasons we haven't run out of anything is that there's sort of stores all around, like there were ships at sea filled with oil, there's pipelines that have oil in them and so on.

A lot of infrastructure was damaged over there, like all of the bombing.

You've knocked out refineries and things like that, even the ports for loading oil onto ships or liquid natural gas or whatever.

The other issue is that

Oil wells work very well when they're producing at a very steady state.

And a problem occurs, we saw this during COVID when you had to stop the wells.

People think of it as like a big tap and you turn it off and everything's fine.