Iran rejects surrender and Trump delivers an amazing rant.
Trump’s Death and Destruction Rant
Truth Social Link: Iran, which is being beat to HELL, has apologized and surrendered to its Middle East neighbors, and promised that it will not shoot at them anymore. This promise was only made because of the relentless U.S. and Israeli attack. They were looking to take over and rule the Middle East. It is the first time that Iran has ever lost, in thousands of years, to surrounding Middle Eastern Countries. They have said, “Thank you President Trump.” I have said, “You’re welcome!” Iran is no longer the “Bully of the Middle East,” they are, instead, “THE LOSER OF THE MIDDLE EAST,” and will be for many decades until they surrender or, more likely, completely collapse! Today Iran will be hit very hard! Under serious consideration for complete destruction and certain death, because of Iran’s bad behavior, are areas and groups of people that were not considered for targeting up until this moment in time. Thank you for your attention to this matter! President DONALD J. TRUMP
Iran Mocks Trump, Rejects Surrender
The Washington Post reports Trump says U.S. to expand Iran targets as Tehran rejects idea of surrender
President Donald Trump said early Saturday that the United States would expand its targets in the war in Iran, after its president apologized to neighboring countries caught up in the spiraling Middle East conflict — but rejected the notion of surrender.
“Today Iran will be hit very hard! Under serious consideration for complete destruction and certain death, because of Iran’s bad behavior, are areas and groups of people that were not considered for targeting up until this moment in time,” Trump said in a post on Truth Social but did not give further details.
Trump referenced a televised message from Iran’s president, Masoud Pezeshkian, who earlier Saturday had rejected the idea of giving up the fight — after Trump’s earlier calls for Iran’s “unconditional surrender.”
Pezeshkian said “there will be no more attacks on neighboring countries and no missile launches, unless attacks originate from those countries against Iran,” according to Iran’s state-run Press TV. Still, the country’s state media on Saturday said Iran was engaged in attacks across the Persian Gulf region and Israel.In a follow-up string of posts on X, Pezeshkian said Iran has only targeted U.S. bases and facilities in what it sees as defensive strikes against military targets.
Translated Posts by Iran’s President, Masoud Pezeshkian
X Link: The Islamic Republic of Iran has always emphasized the preservation and continuation of friendly relations with the governments of the region based on good neighborliness and mutual respect for national sovereignty and territorial integrity. This does not negate Iran’s inherent right to defend itself against military aggression by the United States and the Zionist regime.
X Link: We stand firm to the last breath in defense of our country and resist. Iran’s defensive operations are exclusively against targets and facilities that are the origin and source of aggressive actions against the Iranian nation, and we consider them legitimate targets.
X Link: We have not attacked our friendly and neighboring countries; rather, we have targeted U.S. military bases, facilities, and installations in the region.
Grok Translation Summary
The Islamic Republic of Iran has always emphasized preserving and continuing friendly relations with regional governments based on good neighborliness and mutual respect for national sovereignty and territorial integrity. This does not negate Iran’s inherent right to defend itself against military aggression by the United States and the Zionist regime.
Iran Mocks Trump’s Call for ‘Unconditional Surrender’
Fox News reports Iran president apologizes for attacks on neighbors, mocks Trump’s call for ‘unconditional surrender’
Iranian President Masoud Pezeshkian apologized to neighboring nations on Saturday, saying that Tehran would cease its attacks unless it was hit first. He also said President Donald Trump’s call for an “unconditional surrender” was a “dream that they should take to their grave.” Trump made the demand in a Truth Social post on Friday.
Truth, the First Casualty of War
Iran claims to “have targeted U.S. military bases, facilities, and installations in the region.”
Well, Iran has also targeted refineries and non-military areas and has effectively blocked the Strait of Hormuz.
I wonder, despite widespread reporting, if Iran genuinely apologized.
I would prefer to see an actual statement from Iran, not Trump’s assessment of it. But I cannot find a link to an official source.
The only thing believable is price at the pump and Iran’s mocking of Trump’s call for unconditional surrender.
Don’t Worry, It’s a Game
The Simulated War Will End Soon
Trillions of dollars later, the war mongers actually regret leaving Afghanistan.
Putin’s Message to India
We’re All Chinese Now
High Risk Strategy
Please consider Iran’s High-Risk Strategy for a No-Limits Middle East War
Iran had for two years responded to foreign attacks with limited counterpunches directed at its attacker. Instead, under the new strategy, Tehran would escalate conflict across the region, especially hitting Arab Gulf states and hampering the global economy in hopes of dampening President Trump’s willingness to prolong the conflict and coming back for a future one.
That plan includes implementing its so-called mosaic defense, a decentralized approach that allows individual commanders the autonomy to keep up the fight if cut off from their superiors.
Iran activated the new strategy after last June’s devastating 12-day war with Israel, with its leaders determining they had made a strategic mistake.
They had survived the most one-sided war they had ever fought despite a pounding that had killed many of their top military officers, sealed their nuclear program under mountains of rubble and wiped out many of their air defenses. But they remained trapped in a cycle of conflict with Israel and the U.S., emerging from each round weaker, more exposed and with enemies more emboldened to strike again. Something had to change.
Iranian officials started warning in October that their plans for responding to a renewed attack would be very different. They later told their neighbors privately, through diplomatic channels, that they would be in the first line of fire if fighting resumed, Arab officials said.
Ahead of the last round of nuclear talks in February, national security council chief Ali Larijani passed a letter to the U.S. via Oman saying Iran would no longer respond proportionally and would react aggressively to any attack, they said.
“The Americans must be aware that if they wage a war this time, it will be a regional war,” Khamenei said that month, as U.S. forces massed off Iran’s shores.
Weeks later, Khamenei would be dead, killed in the first salvo of the war. But the strategy he launched has played out over the past week. Despite a pummeling by American and Israeli airstrikes that has strained its ability to keep shooting, Iran has managed to keep up a sweep of attacks along a 2,000-mile front, drawing a widening circle of countries and economic interests into the war.
Before the end of the second day, Iranian missiles and drones had hit every country in the Gulf, followed by strikes on luxury hotels, energy facilities in multiple countries, key ports, U.S. embassies across the region, even Amazon data centers. By Thursday, the United Arab Emirates alone had been targeted by around 1,200 missiles and drones. Tehran fired a missile at a military base in Cyprus, its first first-ever target on European soil. The U.S. intercepted an Iranian missile headed for a military base in Turkey that holds nuclear weapons.
“There is a strong sense among officials that the Iranians have responded in a too symbolic, too restrained and too de-escalatory manner during previous attacks from Israel and the United States,” said Trita Parsi, executive vice president of the Quincy Institute think tank based in Washington. “In their view, there cannot be a cease-fire that will endure unless everybody feels that this was too costly.”
High-Risk Strategy for Whom?
The WSJ called this “Iran’s High Risk Strategy”.
Credit the Wall Steet Journal for an ass backward headline.
Questions of the Day
- Was US intelligence aware of what the journal stated about Iran’s policy?
- Did Trump ignore it?
- Was this a high-risk strategy by Trump, not Iran?
I believe the answers are yes, yes, and yes.
Trump’s response is “Complete Destruction and Certain Death” of huge numbers of innocent Iranians unless the leaders unconditionally surrender.
Is Trump delusional?
Related Posts
March 6, 2026: Irony of the Day: Trump Demands ‘Unconditional Surrender’ by Iran Without Declaring War
Unconditional surrender will take boots on the ground.
March 6, 2026: Russia Threatens to Redirect LNG from Europe to Friendly Countries Like China
When you roll the dice on wars, unpleasant things usually happen.
March 7, 2026: How Senator Lindsey Graham Helped Convince Trump to Start War with Iran
Few others in the president’s ear argued for attack as effectively as Graham.
Addendum
I was right to be skeptical of the apology
global leaders cssn simply agree to rename the autonomous region previously known as ira to: “New Iran”.
Everyone else outside of the region, sit back, do nothing for a week and see what happens next
Trying to get what you want by ranting and raging like an unstable lunatic so that everyone else is afraid to act for fear of being nuked by a madman is NOT an acceptable way to conduct a foreign policy. I know the Epstein revelations against trump are really bad. I’ve been aware of the details since before he was elected in 2016– but they must be even worse-though raping a 13 year old girl is really bad.
What no one wanted to admit: the libtards were actually right about Rump.
Trump told reporters that the Iranians are some of the most evil people on earth — they cut babies heads off, they chop women in half.
I mistakenly thought that we were fighting this unnecessary undeclared war for Israel, so I appreciate his clarification.
Trump must be impeached, convicted and removed from office. Then Trump and Bibi need to be put on trial for war crimes.
Trump and MAGA have been picked by God to do God’s will, as were Hitler and the Nazis, so apparently new math, new history, new Christianity, genocide, racism, and sexism are God things.
“Complete Destruction and Certain Death” sounds like a euphemism for nuclear escalation.
Genocide…
It’s a Trump thing.
Pitiful waste of our earths resources and human capacity.
Yet another ethno/religious holocaust.
Humanity at its worst.
We have no direct knowledge of Iranian targeting.
They have been very successfully targeting American radar and communications equipment, as well as CIA quarters, and American military infrastructure.
High-rises are easily impacted accidentally by drones, but we do know that American and CIA personnel has been billeted in hotels and office buildings.
Iran has not hit the Gulf countries, only the US presence.
Had they (or would they) vacate the American presence, Iran will not attack.
The US is actively using the assets they have in these countries, and Iran has enough ISR resources (including Russian/Chinese) to monitor. Israeli plans are using Saudi air space despite claims by Saudi beforehand that they would not tolerate this.
We do know the US/Israel has been targeting schools and hospitals and doing double taps. They’ve also targeted water desalination plants, creating precedent for Iran to follow for all the Gulf desalination plants which are the only source of drinking water for much of the population.
According to Iran Hormuz has not be closed, but it is not open.
This was indicated well in advance of the brutal full-scale unprovoked American war of choice.
The US blew up a boat attending a festival in Sri Lanka, and therefore unarmed.
They left the survivors to down. Even the Nazis picked up survivors of torpedoed boats.
> USIS also targeted water desalination plants, creating precedent for Iran to follow for all the Gulf desalination plants which are the only source of drinking water for much of the population.
Which is a clear breach of IHL – International Humanitarian Law – which also goes for bombing hospitals in Teheran. But USIS not even pretending to adhere to any fragments of civilization. It’s a religious war where mental sanity is the first thing to go out of the door.
Good situation summary with bleak outlook here:
“Murder-Based Order: USIS-Iran War Week 1 – Observations, backtests, predictions”Ignasz Semmelweisz – Mar 08, 2026
https://veryslowthinking.substack.com/p/murder-based-order-usis-iran-war
Thanks for that link.
Death to America means all the democrats as well as the rest of the reasonable Americans.
How would you know?
In the Persian vernacular, it’s common to say “death to” all the time, as casually as we say down with taxes or down with baseball.
Having suffered under brutal CIA rule for almost 30 years, with the Savak making 30,000 victims in the final 18 months before the revolution [that’s where the number of 30,000 victims of police violence past January comes from, certainly not from factual sources], and almost 50 years of siege and terror activity on the part of the US and Israel, do you think they should like America? The people in Iran have nothing against American people and have always treated visitors and tourists cordially.
Leaving only deranged war mongering Pedo-Republicans?
WTF?
And what does Trump plan to do with the thousands of refugees he is creating, destablizing the entire region and likely creating a financial crisis. Blame Israel as well. Containment of Iran was unacceptable. I hope they love what they have asked sought.
Send to England with the rest if princellins of Iran.
The AI-based early mis-targeting of 150 school girls crystalizes and is predictive of the ultimate outcome for this shoot-from-the hip, half-cocked, counter-US-national-interest gross misadventure.
Seems to me that Mr. Improvised 5d chess is underestimating the time component of this. The Irans don’t really have a hard time constraint , they will make their people suffer through it. On the other hand, the USA is in a race against time due to the energy market. Overwhelming capability cant dilate time.
The Iranians are going to just slow roll this until the inevitable TACO
Just like all the other TACOs, its started with a bad idea and will end with all those affected screaming for the orange man to stop
We have the watches, they have the time…
The blood of thousands of entirely innocent people is on the hands of this monster who lied and said he was the peace candidate. He’s as much a war criminal as any who’ve been called that.
Don’t give me that “tone down the rhetoric” BS. His actions are criminal, even by something so simple as the Constitution.
No, the blood is on the voters that supported this demonic entity. Their souls will pay the price.
And internal intel says it will be all for nothing just like most of what Trump has done during his two administrations.
https://www.dailymail.co.uk/news/article-15623787/donald-trump-iran-middle-
east.html
A leaked classified report by the National Intelligence Council has shed an unfavorable light on Donald Trump‘s decision to strike Iran, warning that military involvement could be disastrous.
Thirty felonies and a trail of raped children… you need to tone it up.
Well on the brighter side, every ayatoilet and IRG thug that gets flushed is a step in the right direction.
Iran’s Islamic Revolutionary Guard Corps (IRGC) says it has struck Israel’s Haifa refinery, framing the attack as direct retaliation for fresh Israeli strikes on energy infrastructure inside Iran.
Iranian media alleged that US and Israeli warplanes started the tit-for-tat by hitting an oil depot in southern Tehran. The semi-official Fars News Agency reported the storage site was among the latest targets in the ongoing major bombing campaign across the country.
Don’t even go there.
“Framing the attack”? This was obvious direct retaliation.
“Iranian media alleged”? This was obviously an attack on Iranian energy infrastructure, and before the war began Iran had issued numerous warnings that strikes on this infrastructure would lead to such retaliation.
You mean… somebody actually follows through on promises somewhere?
Knock me down with a feather
Wouldn’t it be something if Israel and Iran end up destroying themselves.
Wouldn’t it be something if Israel and the US end up destroying themselves.
The US does not want to destroy Iranian oil infrastructure or oil production capability. The US wants regime change that ends up being friendly to the US, and that regime will need the income from selling oil to be able to rebuild the country. Which means the US doesn’t have to pay to rebuild the country.
” The US wants regime change that ends up being friendly to the US, and that regime will need the income from selling oil to be able to rebuild the country. Which means the US doesn’t have to pay to rebuild the country.”
And I want a pony for Christmas. My guess is that we will both be disappointed.
Agree. Regime change that is US friendly is very unlikely.
I am merely explaining why the US has not been destroying Iranian oil infrastructure so far during the war. In case you care.
Just like in Iraq. Worked out perfectly, huh. /s
To late
Too late for what?
Israel is now bombing oil infrastructure.
Exactly like it worked in Iraq. Perfect plan executed perfectly. /s
I am not a fan of the Iranian government, its continued threats against Israel, and the subjugation of many of its people. However one cannot be surprised that when Iran is attacked that it will respond in any way that it can, including countries that have US bases from which attacks are carried out and supported. One cannot be surprised that they closed the Straits of Hormuz because that is their biggest leverage.
I am not surprised that Iran has few if any friends in the region after years of threats. I won’t be surprised if the same thing happens to the United States because we have been threatening a lot of countries lately.
Oh, I expect multiple governments (not Iran) to be toppled before this one is over. Iran will have a few new-found friends once the U.S. is expelled from the region.
What’s this about Mick? Does he know something we must not know?
Lately? Like since WW2.
Translated: They have forced us to consider resorting to nuclear weapons
Translated: This war will continue indefinitely
Translated: Lack of military progress compels us to deploy go-to US/NATO tactics.
Rain cowardly terror from the sky on defenseless non-combattant innocents.
Especially women & children, since our theory predicts women to be more accommodating.
Translated: We were looking to rule the Middle East.
Now the greatest military ever is again face-planting, but more embarrassingly than ever before.
Obviously, targeting oil supplies has to be in Iran’s tool box. At some point the pressure on Trump from US citizens and other countries due to high gas prices will force a Taco. The only other strategy for Iran can be trying to unite other Arab countries against Israel and the US which accounts for the apology.
Trump allowing India to buy oil from Russia during this period is very bad policy as it gives Russia more breathing room to continue the fight with the Ukraine. But what choice does Trump have? He could ask Canada to fill the void maybe but then he would be cannibalizing his own supply.
So effectively Trump is screwing over the Ukraine in favour of Israel.
That will play poorly in Europe.
Putin is turning the screws wherever he can. So much for that Bromance.
I think everyone on earth (except Trump and Graham perhaps) knew that the Middle East is a complicated mess (and that is an understatement). It is best left on the back burner to simmer while the world extracts the oil it needs. Turning up the heat just to please Israel is a gamble for lunatics and war mongers.
Oooh those Europeons will be mad.
There was no bromance. That was fabricated BS from the get-go, as was Russiagate. Putin did make a mistake thinking that Donald actually wants to seek peace. Now his generals will prosecute this war to its conclusion, and diplomacy with Ukraine is effectively over until the day they capitulate.
At least you are thinking. I offer a few thoughts in return.
Firstly, I don’t think Persia counts as an Arab country. It is a Moslem country, but its form of Islam is Shia, which isn’t very well thought of in Arabia. I gather that if you are forced to adopt the religion of a conqueror, there is a tendency among nonservile people to adopt a less orthodox form of it, so as not to be a complete suck-up. I had an uncle who was a colonial policeman in New Guinea (then an Australian dependency), and he didn’t like such people as Seventh-Day Adventists and Jehovah’s Witnesses, because he said they went in there and stirred up trouble among the tribesmen.
Your line, “Trump allowing India to buy oil from Russia during this period…” reveals an imperial attitude all-too-typical of present-day Americans. Do you really think President Trump could stop India from buying oil from Russia if India really needed it?
Then you say “Trump is screwing over the Ukraine in favour of Israel.” I thought our imperial rulers, whoever they are (a joint American-British-Israeli secret service team I assume), were screwing over the whole world in order to get American missiles targeting Moscow from the Ukraine and American businesses taking over Russia’s vast natural resources. Then there are, of course, the American feminists who want to destroy the halfway decent Persian approach to the eternal conflict between the sexes, and force them to adopt decadent American (and now Western) values.
I do agree with the line in your last paragraph about the Middle East being a complicated mess. This reminds me of when I have seen silly mothers trying to adjudicate a fight between siblings by going back over it forensically, when the kids themselves have forgotten how the fight began. The mothers are always reduced to bawling out the bigger one, often not realizing that that was the smaller one’s objective in the first place.
The Iranian president repeatedly lied. He said that they only attacked American military installations in those countries. So what military installation is there in Azerbaijan? How are the civilian airports or the oil and gas production fscilities in SA, UAE, Qatar and the hotels and apartment buildings in Bahrain in any way military facilities?
So how can anyone trust anything he says, promises or make commitments to?
Let’s hope the Iranian people obtain freedom
Iran hasn’t hit Azerbaijan. At least not yet. Remember that the US has admitted reverse engineering Shahed drones.
Please cite a source that confirms Azerbaijan hasn’t been hit. I’ll cite one that says it has. Al Ahram Thursday March 5th has the report of 4 injured in Azerbaijan by 2 drone strikes and the president of Azerbaijan vows retaliation against Iran.
Now why would that article appear in our governments official newspaper if no drone strike happened?
Read Sentient’s post again.
Have you looked in the mirror? How many civilian structures have the U.S. and Israel bombed in Iran?
I hope we people of the U.S. obtain freedom. Right now we’re ruled by a bunch of law-breaking constitution-destroying psychopathic oligarchs.
I’d take the “split” in Iran with a grain of salt. I’ve been hearing chatter re: public criticism of Pezeshkian’s soft approach for some time. My understanding is that the President of Iran does not control the military and with the fragmented ‘mosaic’ structure and no official Supreme Leader at this time, there’s bound to be additional friction. However, to call it a split indicates bias and possible propaganda. It looks to me like Iran is setup to fight to the last drone, missile, and willing soldier.
Not me – It’s was the stated path. It’s just the term that may be misleading
I could have been clearer. I don’t think you’re promoting propaganda or have an inherent bias in that matter. The MSM and its typical suspects are running narratives in overdrive to convince Americans that Iran is still primed to be toppled. As a result I’m wary of the words that people use to describe the current situation.
Mish, the funeral for the Iranian leader has been repeatedly postponed. Do we know if his body has been buried yet?
I do not want to start a conspiracy theory, but are we sure and have seen proof that he was killed on the first day?
A great President once said “Don’t change horses in the middle of the stream”.
I say let’s change Jackasses brfore the end of the monrh,
I firmly believe Trump doesn’t really expect Iran to surrender. I mean if Iran had dropped a few thousand bombs on the US, killed some prominent preacher and a bunch of school girls, would we surrender? No, we’d be like “bring it on baby”! Heck, we kill more of our own school kids every year than Iran could imagine. But as oil prices and inflation escalate, I’m sure TACO is trying to figure out how to back down and save face. I’d bet he has negotiators behind the scenes telling the Iranians to “just say you surrender. And will be really good from now on. Put it in the news, and say no one can stand up to Trump! And we’ll pay to fix everything we bombed.” Then he’ll have to find someone new to blow up to distract from the Epstein files.
Trump has demonstrated zero comprehension of his limitations of power or that of the U.S. military. I would not be surprised if he has cocooned himself along with just a few neocons. There’s no way in hell Iran is going to play with his silly offramp games. This one is for keeps.
Curious the intelligence that designated the girl’s school a military target for a surgical strike.
Was it a surgical strike? The school is (was) next to military facilities and there is no benefit to killing schoolgirls but just very bad publicity.
So did it hit the wrong target when aimed at the military assets or was the school wrongly identified as perhaps a military barracks?
Israel’s primary targets are women and children. That’s no secret, they openly admit it. These strikes most likely used Israeli AI targeting systems.
Trump’s rant is what narcissistic chest thumping looks like. I had an in-law that was a bi-polar, manic-depressive narcissist with ADHD. Trump sounds exactly like her in the messages she sends to my brother through the court-mandated messaging system.
He needs to be impeached or 25th amendment-ed.
Well…well….well… what a turnabout. Not complaining about Trump bashing anymore?
I didn’t know you were a fan. Are you the club president?
Anyways, my lines have been crossed.
“He needs to be impeached or 25th amendment-ed.”
God would be quicker, this evening please.
Trump killed the people he was negotiating with (along with 150 school girls and who knows who else) and now demands a cease fire or unconditional surrender. From whom?
Iran never interrupt you enemy when they are making a mistake except to goad them into making more.
“complete destruction and certain death” – with ‘Christian Warrior’ Hegseth being guided by Jesus himself. You can’t make this stuff up.
I’ve noticed the establishment AI bots (ChatGPT, Grok, etc.) are getting tongue-twisted with the war on Iran. They’re having trouble keeping the narrative straight.
Meanwhile, Trump’s oil tanker reinsurance plan was re-announced yesterday afternoon with more details to try to calm the markets, but it failed to have any effect.
We’re about to see how much oil is really worth. It last hit $120 in 2022, but that was in 2022 dollars which need to be inflation adjusted. I think $175-$200 is the upper limit now.
I agree. That is probably the upper price limit for oil. Buyers disappear as prices rise. They can only go so high. And they will drop back down once the war ends and the strait is opened.
Unless the war lasts as long as the war in Iraq or in Afghanistan
The world, and in particular, India, China, Japan, Korea, and Europe will not allow the strait to be closed for that long. The global economy would crash.
Which is why I originally expected this to be over in two weeks. I may turn out to be wrong about two weeks. But the global economy cannot allow the strait to stay closed for very long.
The rest of the world doesn’t get a choice in the matter unless
1) They convince Iran to surrender
2) They enter into direct conflict with the USA
Don’t forget you can Make American Great Again by wrecking the rest of the world economy just like what happened after WWII when the US was the only game in town.
Of course they have a choice. When you are threatened with economic collapse and the lights going out, you will choose to impact the situation.
At that point they will not have the means.
Is that supposed to be a joke?
This action caused rationing odd even days to fill your car if gas was available at all.
The 1973–1974 Arab oil embargo was a pivotal economic and geopolitical crisis where OAPEC members halted exports to the U.S. and others supporting Israel in the Yom Kippur War. This action caused oil prices to nearly quadruple, from roughly to over a barrel, leading to severe gas shortages, rationing, and intense inflation in Western nation.
The price of a barrel of oil went from $2.90 to over $11.00 today that might be from $60 to over $240.
I am well of aware of what happened in the 70s.
There is already rationing going on in Asian countries. But we will not see that in the US. We are self-sufficient in gasoline, as long as Canada keeps sending us their oil.
We will definitely have to pay higher prices. But there will be no rationing.
Hi, mish. Following the 1973 oil shock, oil price did ×4 in a little over 6 months.
It was about 5 Millions barrels removed out of 56 millions at the time.
With 20% of the oil share being affected today, is it reasonable to expect oil at $500 a barrel?
500 too high but I have no alternate target.
Unless there is favorable news tomorrow or early Monday we will see 100-110
If more terrible news even higher
But we are all guessing
I would expect oil to surpass the $100 mark sometime this week, provided the strait remains closed. With each passing week of closure, the price will keep rising. However, it is difficult to imagine the price exceeding $200, because most buyers cannot afford to pay that much.
Higher prices will not incentivize US producers to drill more. Because drilling is based on long term expectations and no one expects oil prices to remain above $80 in the long term.
Though it is unlikely that prices will drop back to the low $60s once the war ends. Which is good for US oil companies, since their breakeven on new wells is in the mid $60s.
Also US producers will be blocked from exporting by the government if this goes for a long time. It will be blocked under national security interests in time of war.
By the time that winds through courts (if it was challenged) would be months.
I doubt it. We don’t need the light oil we export because we can’t use it all in our refineries. And we don’t need all the natural gas we export as LNG. Blocking exports of commodities we don’t even need does not help us at all. In fact the US benefits from selling that oil and LNG at today’s very high prices.
It reached $140 in Aug 2008.
And that’s indexed by official inflation numbers.
Correct. Oil can indeed reach prices of $150 to $200. And every time it does, it is only for a few days or weeks, before it comes back down. Because buyers disappear. And start substituting other forms of energy. Which brings the price back down.
“It reached $140 in Aug 2008.”
And by January 2009, oil was back down to $45.
How much is 140 in 2026 dollars.
It doesn’t matter. When oil prices surge to unreasonable levels, a large number of buyers disappear. The cure for high prices is high prices.
Oh great, because of the great recession kicking off. And then by 2011 what happened to oil prices? Oh right, the year with the highest average oil price, ever. And let’s just not think about basically all of the 70’s and early 80″s.
Yes. A shortage of oil will cause great economic harm. A global recession or depression is possible.
Yes. Oil prices will remain volatile. We have seen them go up to $150/$200 and then down to -$20. But those extremes are very short lived, as in a few days or weeks at most.
Yes. ln 2011, WTI averaged $95. The highest ever. But far from the extreme highs and lows.
Just what we wanted. Trump’s rating no longer matters to him. There is TOO MUCH MONEY for that to even enter his tiny brain.
Trump doesn’t need a rating since he’s in his second term. The only way he gets a 3rd term is if the country is in the middle of a world war ala FDR.
history does not repeat itself it rhymes:
General Curtis LeMay’s “Bomb them back to the Stone Age” While widely attributed to him, General Curtis LeMay denied saying “bomb the North Vietnamese back into the Stone Age.” He clarified that he said the United States had the capability to do so and that his intent was to destroy infrastructure, not target the population, in order to save lives on both sides. The phrase first appeared in a satirical column by Art Buchwald in 1967. However, variations of this quote have been attributed to LeMay in other contexts:
In May 1964, LeMay is quoted as saying, “Tell the Vietnamese they’ve got to draw in their horns or we’re going to bomb them back into the Stone Age.”
Standard gorilla tactics used when your opponent is far larger and superior. Often very effective as your opponent is forced to continuously drain resources.
We’ll see how this plays out.
Also useful if you are Irans commanders and later don’t want to be held responsible for anything that happens. You can claim it wasn’t done under your orders.