William Lindsey Mar 6

"About 20 percent of world oil and gas production passes through the Strait of Hormuz, which is now essentially closed to shipping. This means higher prices at the pump. As of this morning, oil prices were approximately $15 to $16 a barrel higher than they were in mid-February, which will add roughly 40 cents to the price of a gallon of gasoline."

~ Robert Reich

#Trump #Iran #war #economy #prices #affordability #gasoline #energy #OilandGas #fertilizer #food
/1

https://robertreich.substack.com/p/two-big-things-trump-doesnt-want

Two Big Things Trump Doesn’t Want You to Know or Even Think About

His Iran War is intended to deflect attention from them

Robert Reich
Show threadWilliam Lindsey Mar 6

"If the war continues for a month or more, oil (and gas) prices could go much higher.

The war is also causing food prices — which were also high before the war — to rise even faster. That’s because roughly a quarter to a third of the global trade in ammonia and nitrogen — the critical raw materials for making fertilizer — must also pass through the strait. Without fertilizer, crop yields fall."

#Trump #Iran #war #economy #prices #affordability #gasoline #energy #OilandGas #fertilizer #food
/2

Show threadWilliam Lindsey Mar 6

"In the last week alone gas prices have gone up twenty‑six cents a gallon, which is one of the largest weekly increases since the early 2000s."

~ Mary Trump

#Trump #Iran #war #economy #prices #affordability #gasoline #energy #OilandGas
/3

https://www.marytrump.org/p/the-daily-wrap-up-d51

The Daily Wrap Up

5 March 2026

The Good in Us by Mary L. Trump
Show threadWilliam Lindsey Mar 6

"To put things in perspective: Oil prices are up about 20 percent so far just this week."

~ Catherine Rampell

#Trump #Iran #war #economy #prices #affordability #gasoline #energy #OilandGas
/4

https://www.thebulwark.com/p/trump-iran-warflation-has-just-begun

Trump’s “Warflation” Has Just Begun

If he were trying to increase prices on purpose, would he be doing anything differently?

The Bulwark
Show threadJL Johnson 
@wdlindsy @czarbucks we should do those dumb “i did this” stickers they did for Biden when oil spiked because of Russia’s invasion of Ukraine. 🔥
Mar 7 at 2:02amWeb
Show threadJL Johnson Mar 7

@wdlindsy @czarbucks Aw yeah. Etsy never fails.

I’d probs get some if I bought gas more than every other month or so. Loving that plug-in hybrid life.

https://www.etsy.com/listing/1869161189/new-10-1000-pcs-i-did-that-trump?ref=nope

Show threadMaria Langer | 📝🛥️💎Mar 7
@User47 @wdlindsy @czarbucks I saw some of these with Joe Biden's picture on them on a few gas stations a few years ago. I'd love to see them plastered all over at gas stations on this red side of the state.