from larry johnson we have this on the donald's peace, how and why, says he;
To quote James Carville, “Its the economy stupid!” On Monday I wrote:
So the question we ought to ask is why did Donald Trump blink and accept the proposal that Iran proffered way back in April?
I think there are several reasons, but the principal one is that the US is running out of oil, which means Trump will not be able to artificially suppress the price of gasoline. US strategic oil reserves have fallen to their lowest level since 1983, reports CNN. The decline comes amid continued drawdowns to mitigate the impact of the conflict with Iran. Reserves have dropped to 340.3 million barrels, last seen during the Reagan administration, which was still building the stockpile. US daily consumption is 20 to 21 million barrels in 2026, which means the reserve can supply 17 days of gasoline, which falls on July 1st.
Today, my dear friend Pepe Escobar, reported that Donald Trump was briefed over the weekend — perhaps by Secretary of Energy Chris Wright — that the rapidly draining Strategic Petroleum Reserve would be exhausted within weeks. Who knew that Donald Trump would confirm this during his press conference announcing the deal with Iran? Trump told reporters today that oil reserves would have run out in four weeks if the Strait of Hormuz had not been reopened. His exact words were:............more...........
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