Breaking Through The Noise: Econ Facts, June 19, 2026
Trump Iran War Debacle
- Price of oil is $76.6/barrel today in anticipation of Iran War resolution. Was $65 before the war and Americans have paid billions in higher gas prices in the meantime
- US oil reserves down to 4 week supply-would seize our economy w no movement of goods and people. A self-made crisis
- Canadian Prime Minister Carney spent week prior to the G7 conference meeting w other countries and firming trade deals to create a new world order w/o us
And more incompetence and destruction…
- Paid $14.7 million for reflecting pool redo and now algae filled and paint peeling in large chunks
- Trump started to dismantle 4 ocean observation stations that were built in 2016 as $360 million taxpayer investment and not halfway into their lifespan. Congress stopped him but the judgement is appalling.
