The worst and most stupid bit is this:

Speaking to crowds on Wednesday, vice president JD Vance said US allies are “suffering from this, frankly, more than we are.”

He claimed this was because they had “focused on a lot of green energy scams and they’re hurting a lot more than we are.”

Vance continued:"As much as we’ve got to focus on getting these gas prices down, the reality is overseas they’re feeling it far worse than we did because we’ve taken the steps to protect our energy economy.

  • 8oow3291d@feddit.dk
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    8 hours ago

    You surely need a lot of oil tankers to sail oil across the Pacific Ocean - because each voyage takes so long. And there needs to be export oil terminals in the US towards Asia, which I assume there isn’t currently, because Asia was supplied by the Middle East.

    So a priory doesn’t seem too surprising to me, that there is a price spread.

    • humanspiral@lemmy.ca
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      7 hours ago

      You surely need a lot of oil tankers to sail oil across the Pacific Ocean - because each voyage takes so long.

      That is why the fair premium used to be $8 for asia (now $10) vs $4 for Europe. The entirety of the premium is to pay the shipping from one spot to the other.

      And there needs to be export oil terminals in the US towards Asia

      Everything is in TX and LA. There is not special Asian only valves or anything for shipping, and US has sold plenty of oil and LNG to Asia before.