Quote from: Prof Emeritus at Fawk U on March 14, 2026, 02:24:14 PMA helipad was damaged, but doesn't look like there were any casualties.

On the other hand, Mossad took out a pair of Iranian intelligence officials.

Once again, WINNING!   

Correct. I read that after I posted.

Quote from: Renegade Quark on March 15, 2026, 01:29:47 AMPlease correct me if I'm wrong, but isn't the USA energy independent again? There should be no genuine shortage here. Only what is concocted by the oil companies.

I don't know Renegade Quark.....sorry.

Quote from: Renegade Quark on March 15, 2026, 01:29:47 AMPlease correct me if I'm wrong, but isn't the USA energy independent again? There should be no genuine shortage here. Only what is concocted by the oil companies.

Not really. The refineries along the Gulf Coast were built for foreign ultra heavy grades. Other infrastructure makes it more economical to import oil than produce domestically. At least in some parts of the country.

All that would change quickly if WTI went to $150 a barrel and stayed there for six months.

U.S. Energy Secretary Chris Wright said the U.S. conflict in Iran will likely come to an end in the "next few weeks" amid uncertainty about oil prices linked to whether the strategic Strait of Hormuz could be kept open.

"I think that this conflict will certainly come to an end in the next few weeks," Wright told ABC News' "This Week" on March 15. "Could be sooner than that, but the conflict will come to the end in the next few weeks."

Wright, responding to a question about elevated gas prices in the United States, said that the war's end could lead to a "pushing down of prices after that."