Trump Says $8 Gas WORTH IT For Iran War

TL;DR

Trump claims $200/barrel oil would be worth it for the Iran war, but analysts warn U.S. storage tanks could run dry by July 4th.

Key Points

• 1.Trump explicitly endorsed $200/barrel oil as worth the cost of the Iran war. At current rates, $200/barrel would translate to roughly $9/gallon in California, yet polling has shown American opposition to the war from the start.
• 2.Rubio's justification that war prevents Iran from closing the Strait backfired immediately. Iran already closed the Strait of Hormuz using $20,000 drones and speedboats — without any nuclear weapon — undermining the entire hypothetical argument.
• 3.AI stocks are masking the true economic damage by propping up the S&P 500. AMD, Intel, Micron, and similar companies are driving market gains, creating a disconnect between Wall Street performance and deteriorating consumer sentiment.
• 4.Carlyle analyst Jeff Currey warns U.S. oil storage tanks could hit empty around July 4th. Inventory drawdowns are already at record levels; a deficit exists today, and an actual physical shortage — not just a price spike — becomes possible when tanks bottom out.
• 5.America's 'energy independence' claim is a myth due to aging refinery infrastructure. No new oil refineries have been built in the U.S. since the 1970s, and many existing refineries are configured to process foreign crude, not domestic output, leaving the U.S. fully exposed to global price shocks.
• 6.Higher gas prices are hitting lower-income Americans hardest, already changing behavior. Working-class households are driving less and carpooling while rich consumers show no change; Uber drivers, truckers, and long-distance commuters are among the worst affected, with one self-described triple Trump voter saying she would never vote Republican again.
• 7.Roughly $2.6 billion in suspicious crude oil short positions were placed minutes before four separate Iran war announcements. The DOJ is now probing the trades; key examples include $500M shorted 15 minutes before Trump delayed attacks and $960M shorted hours before a temporary ceasefire, each generating massive profits before public disclosure.