Tom Bilyeu
👤 SpeakerAppearances Over Time
Podcast Appearances
The implication by force, Trump told U.S.
allies they should, quote, build up some delayed courage and go to the straight themselves.
Go take it, protect it, use it for yourself.
He said Iran has been essentially decimated.
Little harder to see that in the wake of the jet getting shot down.
The hard part is done, so it should be easy.
Third option, if you don't like options one and two, just wait.
Trump's position is that the straight will open up naturally eventually.
And he's probably right about that.
Oil prices do tend to come down.
So we've had conflicts in the region before, including the revolution in 1979.
And that was very anti-America.
And the straight still opened again and oil prices came back down.
That's what they do.
But the part that I think people are going to struggle with is, yes, America may be energy independent, but the price of oil is set internationally.
So you have a product, whether it's made by us and typically stays here or
The price will go up because other countries will bid and say, yo, I'll buy that oil at this elevated price.
So then the companies are going to be like, well, that's the price, bro.
So even if you want it here at the gas pump, you're not going to get any shortages, but the prices are going to go up.
So let's not be delusional about that.