angelcake t1_j6c20x4 wrote
Well that should put the price up at the pumps by morning even though we don’t get any of our oil from Iran.
joho999 t1_j6c93i0 wrote
yeah, but the people who do will then start buying more from places you do.
monkeywithgun t1_j6c9pb7 wrote
The sad thing about that is that even if it doesn't, your prices are still going up.
angelcake t1_j6faiaa wrote
That was the point I was trying to make. Prices everywhere will be impacted by something that happened in a country from which we do not buy oil, because the entire system is corrupt.
Contain_the_Pain t1_j6ffmn4 wrote
Oil is a fungible commodity traded on a global scale. It doesn’t matter where you personally get your oil if people sound the world start bidding higher prices because they’re suddenly freaked out by a real or imagined supply shock.
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