{"id":33978,"date":"2018-08-03T11:10:14","date_gmt":"2018-08-03T15:10:14","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=33978"},"modified":"2018-08-03T11:10:15","modified_gmt":"2018-08-03T15:10:15","slug":"why-energy-independence-matters","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=33978","title":{"rendered":"Why Energy Independence Matters"},"content":{"rendered":"

The Washington Times<\/a> posted an article today about Iranian military exercises in the Straits of Hormuz. The Straits of Hormuz is significant because 35% of all seaborne traded oil, or almost 20% of oil traded worldwide flows through the Straits of Hormuz. This is something to watch as the situation in Iran becomes more volatile.<\/p>\n

This is today’s Dry Bones<\/a> cartoon:<\/p>\n

\"\"<\/a>The Washington Times reports:<\/p>\n

Iran<\/a>\u2019s navy sent dozens of small boats into the Strait of Hormuz<\/a> on Thursday, dramatizing its ability to choke off the strategic Persian Gulf waterway \u2014 a move that could send global oil and U.S. gasoline prices soaring \u2014 and escalating the confrontation with the Trump administration for withdrawing from the 2015 nuclear deal.<\/strong><\/p>\n

U.S. officials said the naval exercise was Tehran<\/a>\u2019s way to show its capability to create a disruption in the waterway, through which some 30 percent of the world\u2019s sea-transported oil passes daily. Officials at the Pentagon said they expected the exercise would last only a few hours, although it was unclear Thursday night whether it had ended.<\/strong><\/p>\n

\u201cWe are monitoring it closely, and will continue to work with our partners to ensure freedom of navigation and free flow of commerce,\u201d said a statement by Navy Capt. Bill Urban, U.S. Central Command spokesman.<\/strong><\/p>\n

<\/div>\n

The development marked Iran<\/a>\u2019s latest escalation in response to Mr. Trump\u2019s promise to begin reimposing harsh economic sanctions in the coming days that were suspended under the 2015 deal. One Pentagon source said the unexpected Iranian navy moves were meant to hammer home Tehran<\/a>\u2019s rejection of President Trump\u2019s offer this week for direct, unconditional talks with Iranian President Hassan Rouhani.<\/strong><\/p>\n

The article details the unrest in Iran:<\/p>\n

It is an increasingly delicate moment for Mr. Rouhani, who faces protests in Iran<\/a> over the nation\u2019s struggling economy, weak growth and declining currency.<\/strong><\/p>\n

The Rouhani government has been rocked by a string of protests in cities across the country over the failing currency, mismanagement and investor fears of U.S. sanctions, the first wave of which is set to begin Tuesday. The Trump administration is pressuring Iran<\/a>\u2019s other trading partners in Europe and elsewhere to curb trade and investment ties as well.<\/strong><\/p>\n

A report by the official IRNA news agency said about 100 people took to the streets Thursday in the northern city of Sari and that demonstrations broke out in at least three other cities. The agency reported that none of the protests had official permission and all were broken up by police.<\/strong><\/p>\n

Iranian dissident groups abroad have detailed multiple demonstrations in recent days, with harsh police crackdowns in response. The Associated Press cited videos circulating on social media purporting to show dozens of demonstrators setting fire to police vehicles and shouting \u201cdeath to the dictator.\u201d The authenticity of the videos could not immediately be verified.<\/strong><\/p>\n

One way for a dictator to unite his people is to unite them against a common enemy. This may or may not work in Iran since many of the younger people in the country are more inclined toward western ideas than the ideas of the mullahs.<\/p>\n

The article concludes:<\/p>\n

\u201cAny disruption of oil supplies in the Persian Gulf would be a major threat to the global economy and would hurt U.S. trading partners, thereby damaging the U.S. economy,\u201d said Amy Myers Jaffe, who heads the Program on Energy Security and Climate Change at the Council on Foreign Relations.<\/strong><\/p>\n

U.S. domestic oil and gas production and export increases in recent years \u201chave not reduced the U.S. need to police the free flow of oil from the Middle East,\u201d Ms. Myers Jaffe wrote in an analysis for the think tank this week. \u201cAn oil price rise due to the loss of supply in one part of the world is reflected in U.S. price levels as well all other locations across the globe.\u201d<\/strong><\/p>\n

Rockford Weitz, who heads the Fletcher Maritime Studies Program at Tufts University, said that in the Strait of Hormuz<\/a>, Iran<\/a> \u201ccould damage commercial shipping with relatively cheap anti-ship missiles, fast patrol boats, submarines and mines.<\/strong><\/p>\n

\u201cEven threats and modest disruption to commercial shipping could trigger economic damage in the form of higher marine insurance rates, crude oil supply concerns and unsettled stock markets,\u201d Mr. Weitz wrote in an analysis published by Tufts last month.<\/strong><\/p>\n

We live in a fragile world–keep praying.<\/p>\n

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The Washington Times posted an article today about Iranian military exercises in the Straits of Hormuz. The Straits of Hormuz is significant because 35% of all seaborne traded oil, or almost 20% of oil traded worldwide flows through the Straits … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[7800,3428,2194,8315,10366,1540,10812,4163,10589,8530],"class_list":["post-33978","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-dry-bones","tag-economy","tag-energy-independence","tag-gasoline-prices","tag-hassan-rouhani","tag-hormuz","tag-iranian-military","tag-persian-gulf","tag-president-trump","tag-the-washington-times"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/33978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33978"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/33978\/revisions"}],"predecessor-version":[{"id":33980,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/33978\/revisions\/33980"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}