The U.S. has a glass jaw.
Voters are impatient and unhappy with the price of gasoline.
Trump wants out of Iran. He wants to declare victory now.
"I think its close to over. I view it as very close to over."
Democrats are giddy with the prospect that the Trump era is ending. Democrats are counting the blue-wave midterm election chickens before they hatch, but it is too much fun to resist.
The war with Iran is unpopular, and Trump knows it. He is on deadline. He needs us to be out of Iran, with the Strait of Hormuz open and oil shipping back to pre-war status, and gasoline prices back to where they were two months ago -- $3 and $3.50 in most of the country.
A Republican senator has taken on a hard task, telling Americans to be happy with higher prices, that it is worth it.
Trump takes a smarter approach, telling voters it will be over soon.
Iran can take a punch and keep hitting. What is left of Iran’s government took the world’s economy hostage. They shut down the Strait of Hormuz, letting only their friends pass through and demanded a toll.
Trump is forced to play bad cards. Trump could not open the Hormuz toll road, so he needed to close it completely, making worse the oil disruption. Petroleum is a notoriously inelastic commodity. Prices must move up a lot to suppress demand enough to bring it back in balance with supply.
High oil prices mean high prices at the pump. Pew Research Center polling showed that gasoline prices were more important to Americans than the prospect of sending ground troops to Iran or the prospect of large numbers of American casualties. That is the American glass jaw.
Trump understands his political peril. Whatever incomplete shambles he leaves in Iran will not stop him from claiming the war is over and was a HUGE success. But that is possible only if gasoline and diesel prices are down. Trump has six months to abandon Iran and let Iran have the strait, so long as shipping is restored. Israel cares about the Iran project. Trump doesn’t.
The real question is whether Democrats will understand their peril. Democrats prioritize climate as an issue. Democrats consider abundant oil at low cost to be a problem. Democrats are conflicted. They understand that talk of “affordability” is good politics, and that gasoline prices at the retail pump should be low. But Democratic messaging is that petroleum is drilled, fracked, pumped, and transported in ways that they oppose. The companies that do that work are scorned. “Divest from oil companies” and “Windfall taxes on oil companies “ are applause lines at Democratic events. Somehow, the oil companies that supply filling stations with an essential product are very bad, but the consumers who buy that product and who want it available and cheap are good. Yes, Democrats are conflicted.
U.S. Senator Sen. Ruben Gallego (D- AZ), who is sometimes named as a potential Democratic nominee for president since he is popular, not too old, and was elected in a swing state, described the conundrum for Democrats who talk about climate instead of energy abundance. He said that working men, the voters Democrats need to win back, want to be able to drive a “big ass truck.” The blue state Democratic climate message -- ban drilling, ban pipelines, ban fracking, divest from oil companies -- what Democrats say to win a primary election, is what will allow Trump regain support. Democratic primary-voting activists are out of touch with voters they want back. No more blue wave without those voters.
By November, Trump can be the cheap-gasoline candidate again if he manages to get himself out of Iran and the strait reopened. GOP ads will be showing images of gasoline station prices again.
What can Democrats do? Must they cave on the climate issue? Can Democrats convince Americans that reduced petroleum production and refinement is a worthwhile cost to pay to protect the climate?
No they cannot and neither can that Republican senator. Americans want what they can afford. Americans are who we are. Less is not more. More is more. It is an aspirational message and Democrats should not be afraid of it.
Democrats need to make a choice. The U.S. is in a two-decade period of rapid transition from fossil fuels to renewables. It is happening because of price, not moral suasion. Technology is the Democrats’ friend. Renewable wind and solar are cheaper than fossil fuels, especially if Democrats will allow them to be sited. Natural gas -- a compromise fuel -- is far cheaper and cleaner than coal. A Democrat can make a virtue of the transition underway and lean into it. Praise it. If Democrats try to make a virtue of “less” they elect Trump and people like him.
Americans want cheap abundant energy. The Democratic challenge is to give it to them.
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