Wharton School of Business website.
Donald J. Trump, who fancies himself a Wile E. Coyote level genius, is a graduate of the Wharton School of Business.
It certainly doesn't show, or Wharton isn't all it has been cracked up to be.
Having gotten the United States into an illegal war as Bibi Netanyahu talked him into it, Donny appears to have been taken off guard that Iran could and would close the Straits of Hormuz, hit tankers, and hit oil and gas facilities throughout the Middle East.
Why wouldn't they?
Perhaps if Melania lets Barron go see his father over Spring Break, assuming they're not perusing travel brochures entitled "where we can go to live after Don dies where people won't know we're Trumps", and assuming that Barron isn't doing the right thing and enlisting in the United States Marine Corps, they can break out some hex and counter games and play Naval based Superpower v. Land based regional power" and see how that works out.
Anyhow, Donny Trump (did we mention that he fancies himself a Wile E. Coyote level genius?) has lifted sanctions on already loaded oil tankers in the Persian Gulf, which means that Iran now has a source of cash it didn't before the war started.
So, we didn't wipe out their nuclear capabilities in the Twelve Day War, their government hasn't fallen in this one, people have not risen up to toss out the Iranian government, the Straits of Hormuz are closed, we didn't stockpile oil before the war, the price of oil has skyrocketed, and now the Iranians can legally transport some oil
Assuming that Trump isn't secretly trying to destroy the American economy and benefit Iran (and Russia), it's hard to see the smarts in any of that.
March 23, 2026
Even the best-case scenario for energy markets is disastrous
Whatever happens, high prices will outlive the Iran war
March 24, 2026
Petroleum is back up over $100/bbl, basically because King Donny is a liar.
March 26, 2026
And the war inflation hits packages:
U.S. Postal Service Announces Transportation-Related, Time-Limited Price Change
WASHINGTON — The U.S. Postal Service filed notice today with the Postal Regulatory Commission (PRC) regarding a time-limited price change to better align its costs of transportation with the market. This temporary price adjustment will provide needed flexibility for the Postal Service by helping to ensure that the actual costs of doing business are covered, as required by Congress.
While this price increase is a time-limited adjustment, it will provide a necessary bridge to a permanent mechanism to reflect market conditions in prices for competitive products that can support the Postal Service’s ability to achieve the universal service obligation in a more financially sustainable manner going forward.
The planned price change, which was approved by the Governors of the Postal Service on March 24, is an 8 percent increase that would affect base postage prices on the following retail and commercial domestic competitive products: Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select. No other products or services would be affected, including First-Class Stamps. Pending favorable review by the PRC, the price change would go into effect at midnight Central Time on April 26 and would remain in place until midnight Central Time on Jan. 17, 2027. At that time, the Postal Service can determine if a different long-term approach is needed.
Transportation costs have been increasing, and our competitors have reacted with a number of surcharges. We have steadfastly avoided surcharges and this charge is less than one-third of what our competitors charge for fuel alone, so even with this change, the Postal Service continues to offer great value in shipping with some of the lowest rates in the industrialized world.
The time-limited price change is consistent with industry practices and will support the Postal Service’s ability to continue achieving its public service mission — providing a nationwide, integrated network for the delivery of mail and packages at least six days a week — in a cost-effective and financially sustainable manner over the long term, just as the U.S. Congress has intended.
The PRC will review the proposed price change before it is scheduled to take effect on April 26. Complete USPS price filings, with prices for all products, can be found on the PRC website’s Daily Listings section at prc.arkcase.com/portal/filings. Price tables are also available on the Postal Explorer website at pe.usps.com/PriceChange/Index.
# # #
March 27, 2026
More than 90% of new renewable power projects worldwide in 2024 were cheaper than fossil-fuel alternatives, according to the International Renewable Energy Agency.
Guess they aren't as woke as Chuck and demented Don would claim.
And this two years ago before the tin pot dictator decided to destroy the world's oil importation system.
March 30, 2026
West Texas is at $100/bbl this morning. Brent is at $115/bbl.
With the Houthis now in the war, there's a fairly good chance the Red Sea will be effectively closed, massively widening the war, and propelling the world into a King Donny causes severe recession.
March 31, 2026
Brent is at $114.88. West Texas at $104.
The price of almost everything is rising.
This is your economy at war. An undeclared war by a demented octogenarian.
April 6, 2026
Trump's Total War Budget
“More bombs, less of everything else” is a tough campaign platform.
West Texas is $110/bbl this morning.
April 7, 2026
All roads lead to higher prices and slower growth.
IMF’s Kristalina Georgieva.
April 14, 2026
We had in Wyoming record distributions of Meals on Wheels…So I’m worried. I’ll admit it.
Cynthia Lummis.
April 15, 2026
Headlines in the CST:
Forbes: Trump’s wealth soars 60% since return
Trump administration will refund importers
Treasury chief confident on low core inflation
That last thing comes from Bessant so basically it's propaganda, as everything he says is.
April 18, 2026
The Rural Blog: Inflation surged in March due to Iran war and tariffs: War-related price pressures worsened inflation in March, which the Federal Reserve was already struggling to regulate, reports Colby Smith f...
High oil prices, explained by an expert
"It’s hard to know what level would make Americans start to really restrict their consumption."
April 19, 2026
Oh oh. . .
April 21, 2026
Presidential Determination Pursuant to
Section 303 of the Defense Production Act of 1950, as Amended, on Natural Gas Transmission, Processing, Storage, and Liquefied Natural Gas Capacity
Presidential Memoranda
April 20, 2026
MEMORANDUM FOR THE SECRETARY OF ENERGY
SUBJECT: Presidential Determination Pursuant to Section 303 of the Defense Production Act of 1950, as Amended, on Natural Gas Transmission, Processing, Storage, and Liquefied Natural Gas Capacity
On January 20, 2025, I issued Executive Order 14156 (Declaring a National Energy Emergency), under the National Emergencies Act. That order found that hostile foreign actors have weaponized America’s reliance on foreign energy and used it to cause dramatic swings in international commodity markets, leaving the United States and its allies dangerously exposed. It emphasized that America must develop its capacity to supply reliable, diversified, and affordable energy to international allies and partners to compete with hostile foreign powers, strengthen relations with allies and partners, and support international peace and security.
Consistent with that declaration, I find that ensuring sufficient natural gas and liquefied natural gas (LNG) capacity is critical to sustaining United States defense operations and ensuring allied energy security. Inadequate pipelines, processing, storage, or natural gas and LNG export capacity would leave the United States and its partners dangerously exposed in times of crisis.
Therefore, by the authority vested in me as President by the Constitution and the laws of the United States of America, including section 303 of the Defense Production Act of 1950, as amended (the “Act”) (50 U.S.C. 4533), I hereby determine, pursuant to section 303(a)(5) of the Act, that:
(1) natural gas and LNG capacity, including gathering and transmission pipelines, compression, processing plants, underground storage, LNG liquefaction, storage and marine load, export facilities, and critical distribution infrastructure, are industrial resources, materials, or critical technology items essential to the national defense;
(2) without Presidential action under section 303 of the Act, United States industry cannot reasonably be expected to provide these capabilities for the needed industrial resource, material, or critical technology item in a timely manner due to financing constraints, long-lead equipment and construction schedules, permitting delays, and infrastructure bottlenecks; and
(3) purchases, purchase commitments, financial support for the development of production capabilities, or other action pursuant to section 303 of the Act are the most cost-effective, expedient, and practical alternative methods for meeting this need.
I have declared a national emergency under Executive Order 14156, and I further determine that action to expand domestic natural gas transmission, processing, storage, and LNG capacity is necessary to avert an industrial resource or critical technology item shortfall that would severely impair national defense capability. Therefore, pursuant to section 303(a)(7) of the Act, I waive the requirements of section 303(a)(1)-(a)(6) of the Act for the purpose of expanding such capability.
You are authorized and directed to implement this determination, including making necessary purchases, commitments, and financial instruments to enable these projects, and to publish this determination in the Federal Register.
DONALD J. TRUMP
Last edition:

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