angelcake t1_j6faiaa wrote
Reply to comment by monkeywithgun in Massive fire breaks out at oil refinery in Iran by slc73
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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