Even though it has been only a couple of days since Trump removed the United States out of the Iran agreement, gasoline and oil  are already increasing.  

I just got back from filling my car with gas.  I generally use the same gas station.  To fill my tank today was about 20% more than I usually pay.  

That increase will not hurt me.  However, I resent having to pay more money because of a lunatic that has power to influence prices of items that I purchase.  

Here is a short excerpt from "Money Watch" a publication that is highly regarded:

"With the U.S. abandoning the Iran deal, Americans can prepare for higher prices at the gas pump -- and a hit to everything from airline tickets to the cost of package delivery.

Between the time President Donald Trump started 2018 tweeting about the Iran deal and the time he officially pulled the U.S. out of the agreement, prices of crude oil and gasoline have steadily risen. Oil surged early Wednesday to its highest prices in more than 3  years."

____________________________________________________________________________________________________________

In case anyone is interested in reading the entire article (unless you are afraid of throwing up at the thought of what Trump caused), here is a link to the article:

https://www.cbsnews.com/news/iran-deal-gas-prices-rise-trump-withdraws-joint-comprehensive-plan-of-action-today/

 

The U.S. exit from the Iran deal will hurt European countries as well, but leave room for the Chinese and Russians.

The bottom line: Last year, the U.S. exported only $140 million in goods to Iran, but the stakes are far higher for European countries. Still, if they have to choose between the $400 billion per year Iranian market and the $18 trillion per year U.S. market, they will chose the U.S., says Barbara Slavin, director of the Atlantic Council's Future of Iran Initiative.

 

The losers...

• Iran is the ultimate loser. The Iran deal was negotiated to restore Iran–Europe trade, but it's poised for collapse.
• Boeing is losing $20 billion in deals with Iran, though CEO Dennis Muilenberg says the blow will not impact 737 production.
• Airbus, Boeing's French competitor, will lose another $20 billion in deals. Bloomberg reports that Airbus has "undelivered planes bound for Iran Air in its backlog."
• Smaller European aviation companies will be hit even harder as they do not have big order lists, says Thomas Duesterberg, a former Commerce Dept. assistant secretary for international economic policy now at the Hudson Institute.
• European oil and gas companies, like France's Total and the British-Dutch Shell. Total has a $5 billion, 20-year contract to develop Iran's South Pars oil field, reports the AP.
• American companies could be hit if their foreign subsidiaries are affected. One example is Baker-Hughes, an international oil company owned by General Electric.
• French carmakers Peugeot and Renault will also be affected, Slavin says.
• German manufacturer Siemens has ongoing projects in Iran that could be hit. Siemens CFO Ralf Thomas told Reuters the company will complete existing projects “as far as legally possible."
• Japanese and South Korean companies that do business with Iran will also fall in line with the U.S. because they need to cooperate with Washington amid tense negotiations with North Korea, says Slavin.

The winners...

• China is well-positioned to evade U.S. sanctions as it can do business with Iran without getting near the U.S. financial system, Slavin says. Total could lose its stake in the South Pars field to its Chinese partner, the China National Petroleum Corporation.
• Russia is also poised to skirt Washington's sanctions.

https://www.axios.com/us-european-companies-iran-sanctions-boeing-airbus-south-pars-402a0a93-c96e-43d2-b42f-81dff10ddde8.html

25 minutes ago, mvan1 said:

NOTE - BELOW IS A SCREEN SHOT THAT WAS NOT INTENDED TO BE IN THIS THREAD.  I TRIED TO REMOVE IT.  MAYBE THE NEW SITE HAS A COUPLE OF REMAINING ISSUES.  

 

 

Yet another desperate call for a "forum BB Editor" and "Forum Post Preview" Tool!

 

 

The bottom line here is that Donald Trump is disrupting not only the economies of the world; but the stability of the world as well. To quote the state department the morning after Trump’s Announcement:

 

IMHO, he knows what he is doing and doing it for a reason. Most likely, his financial investments will gain based on this decision. 

Or, he is just an idiot. Which I know he is but he thinks he knows better than anyone else and that makes him dumb.

So far all the wizards of smart have been wrong in telling President Trump he is doing everything wrong in foreign policy.  So wrong that he may get the Nobel peace prize.  So wrong that China has agreed to better trade levels for us in the USA.

 

I like what he has accomplished.  Wonder if he will be reelected?

Where did you read that he may get the Nobel Peace Prize?  You might want to reread that.  He has been nominated for 2 years now and the authorities sent the nominations to the police as they were fraudulent. LOL  That rarely ever happens.  Nominating yourself for something does not qualify as may get.

17 hours ago, Bucknaway1614502762 said:

 

I like what he has accomplished.  Wonder if he will be reelected?

Aren't you getting a little ahead of yourself?

He will not last the four years he was elected to serve.

As far as I know, someone who gets impeached and will be sitting in a prison cannot run for reelection.  

https://www.google.com/search?q=nobel+trump&oq=nobel+trump&aqs=chrome..69i57j69i60j0l3.7178j1j4&client=ms-android-hms-tmobile-us&sourceid=chrome-mobile&ie=UTF-8

5 hours ago, TotallyOz said:

Where did you read that he may get the Nobel Peace Prize?  You might want to reread that.  He has been nominated for 2 years now and the authorities sent the nominations to the police as they were fraudulent. LOL  That rarely ever happens.  Nominating yourself for something does not qualify as may get.

 

37 minutes ago, Bucknaway1614502762 said:

https://www.google.com/search?q=nobel+trump&oq=nobel+trump&aqs=chrome..69i57j69i60j0l3.7178j1j4&client=ms-android-hms-tmobile-us&sourceid=chrome-mobile&ie=UTF-8

 

Looks to me like  Google search for those keywords. Who said he may get it?  No one.  That is who. Is it possible?  Yes.  Is it probable?  No.

But, Trump supporters believe anything. 

2 hours ago, TotallyOz said:

Looks to me like  Google search for those keywords. Who said he may get it?  No one.  That is who. Is it possible?  Yes.  Is it probable?  No.

But, Trump supporters believe anything. 

 

Any EVERYTHING that comes out of a Trump supporters mouth in relation to him is crazy propaganda .  They are a bunch or feral animals waiting for the miracles HE promised them. 

LOCK HIM UP !