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.
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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.
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