Sagar
๐ค SpeakerAppearances Over Time
Podcast Appearances
That is exactly the problem, though.
It's a general tax on the entire country.
So when we start to think about all of these things, it's very obvious with the economic impact.
The also thing that the energy secretary is trying to be honest about โ
is what are we, six weeks, seven weeks, something like that, since hostilities started.
That's six, seven weeks of no oil through the Straits of Hormuz.
Or, I don't know, what, 5% of the oil that used to come through?
That's just not going to cut it.
The demand destruction has already begun.
The natural gas problem in Asia remains catastrophic.
There's still so many, like the shortages and all of those things, while there was some delay in the fear over that,
It's still happening.
It's not like there's been a general resumption of oil flow through the Straits of Hormones.
Helium remains a huge problem.
We're okay apparently here in the U.S.
We're oversupplied.
But the rest of the nation, big problem.
Fertilizer is already sky high.
We already know that.
We'll almost certainly have higher food prices six months to come.