High Oil Prices are Good!

Dear Leader says so.

President Donald Trump delivers remarks to military families at Fort Bragg, North Carolina, Friday, February 13, 2026.
Official White House Photo by Daniel Torok

As we all know, we have always been at war with Eastasia.

Dear Leader notes:

No doubt this is all multi-dimensional chess.

Of course, all snark and literary allusions aside, this is just another example of when he says that “we” make a lot of money, he doesn’t mean us normal people. He means, at best, the economy as a whole, but really just means the investor class. I bet he made quite a bit of money in the last couple of weeks, as it seems rather likely that some of his holdings are in oil stocks.

FILED UNDER: Dumbest Timeline, Economics and Business, Meanwhile in North Korea, National Security, US Politics,
Steven L. Taylor
About Steven L. Taylor
Steven L. Taylor is a Professor Emeritus of Political Science and former College of Arts and Sciences Dean. His main areas of expertise include parties, elections, and the institutional design of democracies. His most recent book is the co-authored A Different Democracy: American Government in a 31-Country Perspective. He earned his Ph.D. from the University of Texas and his BA from the University of California, Irvine. He has been blogging since 2003 (originally at the now defunct Poliblog). Follow Steven on Twitter and/or BlueSky.

Comments

  1. Daryl says:

    I damn sure hope Dems are already making an ad featuring this!!!

    That photo…I love when he does the mental floss dance with his itty bitty hands…

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  2. Michael Cain says:

    On the subject of impending shortages… Qatar has shut down their liquefied natural gas production. This also shuts down their helium production. Qatar produces about 35% of the world’s helium. They have already announced they will not be making their March deliveries. Spot prices have doubled. In addition to being essential for MRI medical imaging, helium is also critical in integrated circuit production. The big semiconductor companies in Taiwan and South Korea are making the kinds of comforting noises about diversified suppliers that I associate with “in two weeks, the wheels are going to fall off”.

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  3. charontwo says:

    @Michael Cain:

    Do you have links?

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  4. CSK says:

    I’m so glad Trump is “stoping” the Evil Empire.

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  5. Michael Cain says:

    @charontwo:
    Gasworld
    Reuters
    The interpretation of Taiwan and South Korea’s remarks is my own :^)

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