White House officials are bracing for oil prices to surge past the $150-a-barrel mark as the Iran war stretches into its second month and the Strait of Hormuz remains largely closed, according to a new report.

In recent weeks, the average cost of a barrel of crude has hovered around $100, a figure that the Trump administration now sees as the new “baseline,” though a potential spike to $200 hasn’t been ruled out, a source familiar with the matter told Politico.

As a result, officials have entered “all hands on deck” mode, urgently evaluating options to tame soaring oil prices — which pushed gas above $4 a gallon this week and risks inflating costs across the broader economy.

  • Kage520@lemmy.world
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    2 days ago

    They are bracing for the voters to finally turn on them. Commit fraud? It’s fine my gas is cheap. Sex with children? Eh whatever I don’t want to consider if that’s true or not as long as my gas is cheap. Bomb a school overseas? Whatever you’ve gotta do to keep my gas cheap. GAS PRICES ARE UP?! WTF IS THIS ADMINISTRATION DOING?! VOTE THEM OUT.

    It’s sickening, but it seems the price of gas is really all that matters to the Republican voter.

    • RememberTheApollo_@lemmy.world
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      2 days ago

      This country has done nothing except wait for someone else to solve the “trump problem.” Protests are great to show unity and dissatisfaction, but I don’t think the regime cares. Protests are not force, and the only thing, if it isn’t obvious, this administration understands is abuse and use of force. They’d probably be fine with a Tiananmen Square scenario in the US, it would justify the final grab for power.

      That said, I hope you’re right and gas is finally enough to force change. Hopefully we don’t replace one idiot with another.