Thread

1. davidw · 1790652827 · focus · HN ↗

   I am frankly a bit bewildered by all this. The US administration lies and lies. The Iranians lie. Doomers keep talking about how gas prices will skyrocket "in two weeks". Occasionally the "everything is fine, nothing to see here" folks wheel out some journalist saying there will be a peace deal any day now.

   It's pretty difficult to figure out what the reality is besides "not good".

   1. bawolff · 1790653319 · focus · HN ↗

      If anyone knew for sure they would make a killing at the stock market.

      However we dont know what the future holds. All sorts of factors affect what is going to happen. Will china continue to import less? Will the houthis be able to stop Saudi exports long term or is it just a short term issue? Will USA be able to guard ships passing through the strait? Will Iran face some sort of internal collapse? Will USA pack up and go home? Will other countries be drawn into this war?

      Nobody can tell you what is really "going on" because nobody knows what the future holds and uncertainty is high.

      1. unethical_ban · 1790654550 · focus · HN ↗

         If I knew what I was doing (or asked a clever AI for help and trusted it) I would bet long on a transition off oil. Most countries other than the US are posturing for it, my retirement is in 30-40 years if I stay empoloyed, and I think even America will pick up solar in the long run.

         I don't know a ton about business. But what I realize is companies should not be tied to their methods of their business. An oil company should be an energy company. A car company should be a transit company.

         Tied to the discussion about DHH and Rails this week: I can kind of respect DHH saying implicitly "The days of Rails are waning due to LLMs". He's not attached to a framework, he's attached to an idea of people building apps easily.

         1. YZF · 1790654979 · focus · HN ↗

            It's happening in the US too. I mean this is the wet dream of climate activists. In Canada we had to put carbon tax on gasoline to get people off it. You're getting it for free man!

            Solar solar solar! The US is perfect for solar. Do more solar. And drive EVs.

            The nation where people drive these ridiculously huge trucks that guzzle gas like no tomorrow is complaining about gas prices. In Europe gas costs twice as much!

            1. bawolff · 1790658147 · focus · HN ↗

               > In Canada we had to put carbon tax on gasoline to get people off it.

               Just as a note, sadly the canadian consumer carbon tax was killed (the industrial carbon tax remains).

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