Showing posts with label Trump War Inflation. Show all posts
Showing posts with label Trump War Inflation. Show all posts

Tuesday, March 31, 2026

Subsidiarity Economics 2026. The Times more or less locally, Part 3. The Wharton Way.

 

 "The Wharton Way"

Our strategic plan guiding us towards greater influence, innovation, and engagement for the advancement of business, education, and society at large.

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.

Last edition:

Subsidiarity Economics 2026. The Times more or less locally, Part 2. The "War, what's it good for?" edition.

Tuesday, March 17, 2026

Subsidiarity Economics 2026. The Times more or less locally, Part 2. The "War, what's it good for?" edition.

 


February 28, 2025

War, huh, yeah

What is it good for?

Absolutely nothing, uhh

War, huh, yeah

What is it good for?

Absolutely nothing

Edwin Starr.  War, 1970.

Oil is at $67.29.

It'll go up over the next several days with the US and Israel ineffectually rocketing Iran, and Iran ineffectually rocketing the entire Arabian Peninsula in a war that's going to get much, much, worse.

War, what's it good for?  Well it's good for raising the prices of everything, that's for sure.

A local headline:

Company eyes Wyoming for massive crude oil pipeline

Pipelines create a lot of work while they're being built, although usually the pipeliners are from out of state.

March 3, 2026.

Oil is at $76.08.

Wyoming oil is oddly, still under $58.00/bbl.

March 4, 2026


Obviously everything is going great.


March 6, 2026

Brent Crude:  $90/bbl.

March 9, 2026
There is no precedent for this. The sky is the limit.
Neil Atkinson, former head of oil at the International Energy Agency.

Don't worry, the American Supreme Leader has declared that this is a very small price for you schmucks to pay.


I thought we'd already ended the Iranian nuclear threat?

Well, we did, but didn't, the Dear Leader declares.  So enjoy your higher price at the pump and remember, no Trumps will be harmed in the war, so it's all okay. That's the important thing.

Wyoming crude is at $75.00/bbl.

In spite of what his admirers seem to think, everything Trump touches, just turns to shit.

Cont:

Wild market today.  Oil went up to $119/bbl and has since fallen to $90/bbl, as there's indications the administration might do something.  Some financial analysts feel that petroleum may be reaching the "demand destruction" stage. 

Cont:

I've worried, and warned, about this:


As previously noted, I assume Iran has sleeper cells.  It's surprised me that they haven't activated them, but then, once you do, you probably only get to do it once.

Let's hope they aren't activating anything, or better yet, that they don't have any.

March 11, 2026

Headline in the CST:

Trump’s claim of ‘roaring’ US economy not backed by data 

 2026 has kicked off with job losses, rising gasoline prices

Sen. Roger Marshall on high gas prices: "Freedom is not free. Americans are gonna have to make some sacrifices."

Quite a statement in support of a war Americans didn't want launched by an oligarch who doesn't even drive.

Petroleum prices are a price leader, if they go up, given as all goods that are moved in this country are moved via a petroleum fueled thing, the price of everything goes up. So does the price of farming, so  the price of food goes up.

March 13, 2026

Trump Removes Sanctions on Russia to Help Oil Flow Amid Iran Conflict

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term.

The Trump administration seems to have no grasp on what it is doing at all.

March 14, 2026

It's not just oil. Here comes Hormuz inflation.

Garden supplies, birthday balloons and semiconductors could get hit by price inflation or shortages.

The gravity of this can't be overemphasized.  Crude oil is up 47%, so far.  Fuel prices are going to go up. The boneheads running the war hit a fuel loading island yesterday.  Fertilizer is going to go up, and food production down.  

It's clear Trump thought this war would be over in a few days, even though we know that the Chairman of the Joint Chiefs warned against the war.  This is going to go on for months. Prices will continue to climb.

Trump hasn't really been correct on a single thing he's done in his second term so far.  This is the shit icing on the shit cake.  It's going to be extremely bad.

March 16, 2026

Something that Americans seemingly failed to take note in the Trump economy, which has been backwards looking, is that the rest of the world has been rushing into an electric future.

Contrary to what Donald Trump imagines, China is investing in wind power like crazy and now over 50% of new vehicles sold in China are electric.

The current war will accelerate those efforts everywhere but here, and as a result, we'll get further and further behind the curve.

This is what rule by demented octogenarians and their acolytes produced.

March 17, 2026

Wartime oil spike likely portends more bad than good for oil-rich Wyoming

(Reposted as this thread is glitchy)

Last edition:

Subsidiarity Economics 2026. The Times more or less locally, Part 1. The reap what you sow edition.

Wednesday, December 31, 1969

Subsidiarity Economics 2026. The Times more or less locally, Part 2. The "War, what's it good for?" edition.


February 28, 2025

War, huh, yeah

What is it good for?

Absolutely nothing, uhh

War, huh, yeah

What is it good for?

Absolutely nothing

Edwin Starr.  War, 1970.

Oil is at $67.29.

It'll go up over the next several days with the US and Israel ineffectually rocketing Iran, and Iran ineffectually rocketing the entire Arabian Peninsula in a war that's going to get much, much, worse.

War, what's it good for?  Well it's good for raising the prices of everything, that's for sure.

A local headline:

Company eyes Wyoming for massive crude oil pipeline

Pipelines create a lot of work while they're being built, although usually the pipeliners are from out of state.

March 3, 2026.

Oil is at $76.08.

Wyoming oil is oddly, still under $58.00/bbl.

March 4, 2026


Obviously everything is going great.


March 6, 2026

Brent Crude:  $90/bbl.

March 9, 2026
There is no precedent for this. The sky is the limit.
Neil Atkinson, former head of oil at the International Energy Agency.

Don't worry, the American Supreme Leader has declared that this is a very small price for you schmucks to pay.


I thought we'd already ended the Iranian nuclear threat?

Well, we did, but didn't, the Dear Leader declares.  So enjoy your higher price at the pump and remember, no Trumps will be harmed in the war, so it's all okay. That's the important thing.

Wyoming crude is at $75.00/bbl.

In spite of what his admirers seem to think, everything Trump touches, just turns to shit.

Cont:

Wild market today.  Oil went up to $119/bbl and has since fallen to $90/bbl, as there's indications the administration might do something.  Some financial analysts feel that petroleum may be reaching the "demand destruction" stage. 

Cont:

I've worried, and warned, about this:


As previously noted, I assume Iran has sleeper cells.  It's surprised me that they haven't activated them, but then, once you do, you probably only get to do it once.

Let's hope they aren't activating anything, or better yet, that they don't have any.

March 11, 2026

Headline in the CST:

Trump’s claim of ‘roaring’ US economy not backed by data 

 2026 has kicked off with job losses, rising gasoline prices

Sen. Roger Marshall on high gas prices: "Freedom is not free. Americans are gonna have to make some sacrifices."

Quite a statement in support of a war Americans didn't want launched by an oligarch who doesn't even drive.

Petroleum prices are a price leader, if they go up, given as all goods that are moved in this country are moved via a petroleum fueled thing, the price of everything goes up. So does the price of farming, so  the price of food goes up.

March 13, 2026

Trump Removes Sanctions on Russia to Help Oil Flow Amid Iran Conflict

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term.

The Trump administration seems to have no grasp on what it is doing at all.

March 14, 2026

It's not just oil. Here comes Hormuz inflation.

Garden supplies, birthday balloons and semiconductors could get hit by price inflation or shortages.

The gravity of this can't be overemphasized.  Crude oil is up 47%, so far.  Fuel prices are going to go up. The boneheads running the war hit a fuel loading island yesterday.  Fertilizer is going to go up, and food production down.  

It's clear Trump thought this war would be over in a few days, even though we know that the Chairman of the Joint Chiefs warned against the war.  This is going to go on for months. Prices will continue to climb.

Trump hasn't really been correct on a single thing he's done in his second term so far.  This is the shit icing on the shit cake.  It's going to be extremely bad.

March 16, 2026

Something that Americans seemingly failed to take note in the Trump economy, which has been backwards looking, is that the rest of the world has been rushing into an electric future.

Contrary to what Donald Trump imagines, China is investing in wind power like crazy and now over 50% of new vehicles sold in China are electric.

The current war will accelerate those efforts everywhere but here, and as a result, we'll get further and further behind the curve.

This is what rule by demented octogenarians and their acolytes produced.

March 17, 2026

Wartime oil spike likely portends more bad than good for oil-rich Wyoming

Last edition:

Subsidiarity Economics 2026. The Times more or less locally, Part 1. The reap what you sow edition.