[piva00]

There's no off ramp whatsoever for both Iran, and Israel and the USA. This will trigger a global recession, everything is about to get much more expensive.

Absolute disaster, all to fill up the coffers of American oil companies...

[ahsillyme]

I don't think any reasonable person would think this decision works to fill the coffers of anybody. Everyone is getting shafted.

[piva00]

Oil companies in the USA seeing a price hike from ~US$60 to over US$100? It definitely fills their coffers, lots of barely-profitable/non-profitable shale extraction becomes viable.

Of course, there's also the angle with Miriam Adelson who might have sweet talked Trump into going aboard with Israel on this disaster.

[ahsillyme]

Alright, it was my assumption that we'll be left with a totally dysfunctional economy, and in that sense whatever's in you bank account means very little. If I were an oil exec I wouldn't trade that world from what we had before even if money was my only objective.

[myvoiceismypass]

If the TV show Landman is to believed, its not all rosy for the oil companies when prices go over $100 because it leads to people using less gas:

"Well, you want oil to live above 60 but below 90. And don’t get me wrong, we’re still printing money at 90, but gas gets up over $3.50 a gallon, it starts to pinch. It hits a hundred, every product in America has to readjust its price. $78 a barrel, that’s about perfect. You know, brings enough profit to keep exploring, but it don’t sting as much at the pump."

[nullocator]

That show is 100% fiction, bullshit and propaganda, nothing in it should be believed or taken at face value. The examples, stats or stories Billy-Bob tells are contrived, false or otherwise misleading. It is entertainment, a soap opera for adult men.

[Sabinus]

And the acting is extremely average.