War with Iran

[forgetful]

I thought about putting this into the investment or the doom thread, as it could fit there too, but its overlap with the Iran excursion had me place it here. We are in for a hell of a ride, and not a fun one, that this debacle has made worse.

Right now for data centers, there are planned natural gas power plants that will increase LNG use in the US by ~20%. The new planned power plants would amount to 15-20% of total current US production. That is just for these industrial uses (AI data centers and chips), not for other domestic power use.

Three of these plants will be larger than any other natural gas power plants in the entire world (not even touching the impact on CO2 production here).

That alone will be a massive increase in energy expenditures for the average family as the LNG demand spikes prices, but it will be even worse for Europe, where energy prices are already debilitatingly high, and will very likely destroy European manufacturing as it becomes cost prohibitive to maintain high-energy industrial infrastructure.

The US is insulated a bit from the rest of the world as we are the largest producer (~26%), but we have accelerated usage and export of our easiest to extract natural gas due to the Iran crisis. Moving forward, extracting gas will be increasingly more expensive, as we must target more difficult to extract energy sources, further spiking prices.

All of this is made worse by the fact that the 2nd and 3rd largest producers of NG are Russia and Iran, which make up ~15% and 7% of global production respectively. Further, 20-30% of global LNG flows through the straight of Hormuz.

Bottom line, we can't afford blockades/bans of Russian/Iranian NG even without a massive surge in demand. The massive surge in demand cause by AI data centers makes the world even more dependent on Russia/Iran to alleviate cost pressures for Energy.

That doesn't even touch the issues of all the other essential industrial products that need to traverse the Straight of Hormuz

Costs will skyrocket no matter what, but the overlapping pressures from AI driven expansion and the Iran excursion really spell doom for a market already facing intense pressures from all sides.

[TSmith34, Inc.]

If only there were other sources of energy besides fossil fuels

[Uncle Rico]

If only there were other sources of energy besides fossil fuels

The government made muwarrior69 buy a hybrid

[MU82]

JV Vance, whose boss is morbidly obese and who used to have a weight problem himself, said of conservative columnist Marc Thiessen: "It's quite obvious the man has never missed a burrito."

(Thiessen had written that JV undermined Captain Bone Spur's Iran policy and negotiated poorly with Iranian officials.)

[jesmu84]

If only there were other sources of energy besides fossil fuels

https://www.bbc.com/news/articles/c1e1vg0gjl5o

[Pakuni]

If only there were other sources of energy besides fossil fuels

Why do you hate birds?

[TallTitan34]

Why do you hate birds?

And whales?

[TSmith34, Inc.]

Why do you hate birds?

Birds aren't real.

And whales had it coming.

[Scoop Snoop]

Birds aren't real.

And whales had it coming.

Add manatees to whales and we agree.

[Uncle Rico]

Support the troops.  At least we stand for them at stadiums when we do the "salute the troops"

Too bad our leaders treat them like trash.  Maybe appointing a christofascist with no leadership skills as Administrative Assistant of War was a bad idea.

https://www.independent.co.uk/news/world/americas/us-politics/us-sailors-marines-iran-war-uss-lincoln-food-shortage-b3028371.html

[Pakuni]

We've totally decapitated Iran.

Also:

President Donald Trump was secretly whisked off Air Force One in an airport catering truck and flown out of Turkey aboard a different military aircraft last month after officials identified a credible Iranian assassination threat, according to a bombshell report from The Washington Post.

https://www.mediaite.com/media/news/trump-secretly-ditched-air-force-one-for-military-plane-amid-assassination-threat-report/

[jesmu84]

https://x.com/i/status/2086809410857226678

[jesmu84]

We've totally decapitated Iran.

Also:

President Donald Trump was secretly whisked off Air Force One in an airport catering truck and flown out of Turkey aboard a different military aircraft last month after officials identified a credible Iranian assassination threat, according to a bombshell report from The Washington Post.

https://www.mediaite.com/media/news/trump-secretly-ditched-air-force-one-for-military-plane-amid-assassination-threat-report/

Didn't Michael do this when Jim was negotiating with David Wallace?

[MU82]

Support the troops.  At least we stand for them at stadiums when we do the "salute the troops"

Too bad our leaders treat them like trash.  Maybe appointing a christofascist with no leadership skills as Administrative Assistant of War was a bad idea.

https://www.independent.co.uk/news/world/americas/us-politics/us-sailors-marines-iran-war-uss-lincoln-food-shortage-b3028371.html

They sound like suckers and losers.