March 8,2026 — WTI Crude Hits $110. THANKS TRUMP

[baddog]

1 hour ago, TheMissingBand said:

2.  I misspoke… out total cost to mobilize, pay hazard pay, munitions, etc… 2 billion/day doesn’t even come close to covering the cost that we’re laying out  

3. The rate at which oil jumped, not the total price per barrel. It actually doubled over the course of last week, at one point, I’m pretty sure.

This is a breakdown of the costs of different missile types that we use they claim to have struck more than 3000 sites in Iran.  That doesn’t  include the cost of defensive missiles.  They fire off two Patriot missiles at a time, at a cost of 4 million each… so that’s 8 million dollars every time we try to intercept an Iranian missile or drone with a patriot battery.  

 

 

Key Missile Costs (Estimated as of 2026):

• THAAD (Terminal High Altitude Area Defense): ~$13 million per interceptor
• SM-6 (Standard Missile-6): ~$4.3 million to $9.3 million per unit
• Patriot (PAC-3 MSE): ~$3.7 million to $3.9 million per interceptor
• SM-2 (Standard Missile-2): ~$2.1 million per unit
• ESSM (Evolved SeaSparrow Missile):~$1.7 million per unit
• JDAM (Joint Direct Attack Munition) kits: ~$25,000 (air-dropped guided bomb) 
  Missile Defense Advocacy Alliance +6

 

 

I could easily pay the cost of this war with one day care in Minnesota. Hate to hit you with something like that, but I just think it’s funny what money we worry about and what we don’t. Our country’s security here and globally has no price tag. 
 

Crude oil price is at $94.

[thetragichippy]

1 hour ago, DCT said:

Are we counting the lives Isreal has lost?

This is Israel's war and who will put boots on the ground if necessary. They have the same attitude we had when 911 happened…..the number of volunteers to go fight with staggering…..Iran wants to kill every one of them….

[UT alum]

2 minutes ago, baddog said:

I could easily pay the cost of this war with one day care in Minnesota. Hate to hit you with something like that, but I just think it’s funny what money we worry about and what we don’t. Our country’s security here and globally has no price tag. 
 

Crude oil prices is at $94.

Yes, it does have a big cost. Question is, is the risk commensurate? We were in no more danger two weeks ago than we were the day before we invaded Iraq. 

[baddog]

15 minutes ago, UT alum said:

Yes, it does have a big cost. Question is, is the risk commensurate? We were in no more danger two weeks ago than we were the day before we invaded Iraq. 

All I can say is that Trump tried to totally destroy Iran’s nuclear program first. That was incomplete and Iran wasn’t listening. When do we do something about “danger”? We already have sleeper cells which has been known for years. Now the threat of drones to California. They were in Venezuela. Do we not attack and allow them to keep advancing? All of a sudden the fight could be on our turf and we scream “where’s our security”? Even a dirty bomb has devastating effects. I’ve always believed in removing the threat “over there”. Costs are astronomical for sure, but it’s the first duty of the POTUS….protect the American citizens from our enemies, both foreign and domestic.

So yes, it’s commensurate to me.

[UT alum]

14 minutes ago, baddog said:

All I can say is that Trump tried to totally destroy Iran’s nuclear program first. That was incomplete and Iran wasn’t listening. When do we do something about “danger”? We already have sleeper cells which has been known for years. Now the threat of drones to California. They were in Venezuela. Do we not attack and allow them to keep advancing? All of a sudden the fight could be on our turf and we scream “where’s our security”? Even a dirty bomb has devastating effects. I’ve always believed in removing the threat “over there”. Costs are astronomical for sure, but it’s the first duty of the POTUS….protect the American citizens from our enemies, both foreign and domestic.

So yes, it’s commensurate to me.

Not to me. And the beat goes on…

[thetragichippy]

55 minutes ago, UT alum said:

Yes, it does have a big cost. Question is, is the risk commensurate? We were in no more danger two weeks ago than we were the day before we invaded Iraq. 

“Our policy is, Iran cannot have nuclear weapons, and I’m leaving all options on the table to make sure that we meet that goal.”

Who said that in 2012?

“Even before taking office, I made clear that Iran would not be allowed to acquire a nuclear weapon on my watch, and it’s been my policy throughout my presidency to keep all options — including possible military options — on the table to achieve that objective.”

Who said that in 2015?

In 2026 we are blowing up Nuclear sites in Iran, and they admitted to have enough uranium to build 11 bombs.

Trump actually did something…..

 

 

[Porter]

4 hours ago, OlDawg said:

I hate to say it, but he'd be really impressive if he actually knew what he was talking about.

• In the distillation process of oil, lighter gases are drawn first. Gasoline, kerosene, and diesel is last. It's the dregs.
• Diesel is always more expensive because of the extra processing it takes to make it ULSD (required by him & his cohorts in government) for pollution control.
• Most gasoline stations aren't owned by the oil companies. Haven't been for decades. They set their prices based on their supplier's cost forecasts. Their suppliers (jobbers) are the middlemen. Typically, not the oil companies unless it's one of the few stations that are still company owned. The price of fuel rises before people think it should because the station owner doesn't want to go negative on their balance sheet when they have to purchase their next load.
• The oil in the pipeline is a load of crap as well. The oil is at a terminal. There are limited number of terminals, and pipelines connect the country and some refineries. There are a limited number of refineries, and not all refineries can refine every type of crude. Some states have no capability to receive crude via pipeline, nor a refinery to process it.
• When the gas in your tank was bought depends on the turnover of product at the service station where you filled up.
• Oil refining is the 2nd lowest margin business out there behind grocery. Both have margins below 5%. Much of the cost we pay are actually taxes and fees. The national average taxes levied from the Feds and States runs around $0.55/gallon. 

Seems like a nice fella'. Just needs to get his info correct where he can be taken seriously. He should have talked with someone with experience in the business before spouting the 'company line' of price gouging. If he was serious about cutting the cost of gasoline and diesel, he'd be for providing a tax holiday for however long the price per barrel is elevated because of the Iran conflict. THAT would be the largest, quickest, and easiest way to provide a discount and benefit the consumer.

 

Wow was that just common knowledge from you or a copy and paste. That’s some good information. 
 

So only a 5% profit on a product that literally everyone in the country has to have in order to survive. Exxon made only 36 BILLION IN PROFIT LAST YEAR AND CHEVON ONLY 21 BILLION IN PROFIT. That’s a lot of 5 percents. 
 

That doesn’t include the 50 plus billions in tax subsidies that these oil and gas companies receive. I believe Chevron had like a 7.9% federal tax rate. 

Total combined profit for all oil and gas last year was a measly 172 BILLION DOLLARS!

I honestly don’t know how the oil and gas companies get by. 

[TheMissingBand]

Here’s my problem. Nobody is going to deny that we’re winning in the air and on the sea. To suggest anything less isn’t being honest. Trump would LOVE for the Iranians to run up a white flag, install Kusher (or some other handpicked Trump loyalist) as their new democratic leader and demand all of their oil reserves as compensation for “liberating” them. Except Iran won’t surrender. They won’t even talk about it.  
 

This is where the problem comes in. If we leave, they’ll just come out of their bunkers and take up right where they left off, but with much more purpose. We can pack up all of our gear and go home, but Iran has no reason to let anybody sail through the strait.  If you ask me, they’re just biding their time, anxiously waiting on us to send warships through the strait… within range of their drones, etc.  a major hit on one of our warships would be a coup for the Iranians. I think we’re going to get tired of fighting long before they do.  
 

They’re literally applying massive economic pressure, while we’re blowing up their pirogues. This is what happens when you have a semi-successful hotel developer play war, believing that his boldness will be a suitable substitute for experience or advice.  It ends badly. 

[UT alum]

6 minutes ago, thetragichippy said:

“Our policy is, Iran cannot have nuclear weapons, and I’m leaving all options on the table to make sure that we meet that goal.”

Who said that in 2012?

“Even before taking office, I made clear that Iran would not be allowed to acquire a nuclear weapon on my watch, and it’s been my policy throughout my presidency to keep all options — including possible military options — on the table to achieve that objective.”

Who said that in 2015?

In 2026 we are blowing up Nuclear sites in Iran, and they admitted to have enough uranium to build 11 bombs.

Trump actually did something…..

 

 

I’d like a citation on the 11 bombs.  This “war” is unnecessary. Netanyahu has played us vis a vis our Oresident.

[OlDawg]

14 minutes ago, Porter said:

Wow was that just common knowledge from you or a copy and paste. That’s some good information. 
 

So only a 5% profit on a product that literally everyone in the country has to have in order to survive. Exxon made only 36 BILLION IN PROFIT LAST YEAR AND CHEVON ONLY 21 BILLION IN PROFIT. That’s a lot of 5 percents. 
 

That doesn’t include the 50 plus billions in tax subsidies that these oil and gas companies receive. I believe Chevron had like a 7.9% federal tax rate. 

Total combined profit for all oil and gas last year was a measly 172 BILLION DOLLARS!

I honestly don’t know how the oil and gas companies get by. 

Just me. Much of their profit also comes from technology licensing.