
In 2020 it was Covidiocy, now it’s a major Middle East war that is causing economic hardship, particularly for the Working Class.
A month ago West Texas Crude was at $US 67 a barrel; now it’s $104 and has been higher. For discretionary petrol users — except of course for overpaid system elites and rich lawyers — higher prices will result in less use; but with diesel most of its usage is not discretionary.
Simon O’Connor points out today that NZ’s government boffins should have anticipated it; but of couse if you only have limited storage capacity in the first place there’s not a lot that can be done. The Jacinda regime wanted the Marsden Point refinery gone and so it went.
Simon also points out “The Greens and others are finally waking up to the fact – though not admitting – that we need oil and gas. Never forget though, it was the previous Labour government that banned new oil and gas exploration. As we suffer the consequences of the current conflict in the Middle East, perhaps we should reflect on how we could better ensure our own energy needs. We do not seem to have learned from the Covid era either, including the current fuel panic mirroring our then obsession with toilet paper!”

So when will the banging cease, at least in the immediate fun zone? Despite all the bravado from the Islamist regime in Iran, its compatriots are sure to be suffering as much as everyone else, and possibly more so. The commanders are probably hoping that because of all the missiles that Nato has used in its war on Russia, US stockpiles are soon going to be depleted while their’s will last longer. There are no accurate figures for the latter, but we do know that Zelensky has used up nearly all the air defence missiles that Nato had in 2021 and US production isn’t enough to keep pace. We also know that ‘The Three Amigos’ — Starmer, Macron and Merz — don’t want any of their missiles going to the Middle East: they want them for their planned (read fantasy) invasion of Russia in 2028.
Every day we watch reports from the well-informed anti-war faction of the US Republican Party, and also the reports from Israel and pro-Israel Tousi.tv — getting both sides of the story is always important (the Leftist Legacy Media don’t believe in giving you that.)
Here is the latest from TBN Israel: