https://hotair.com/headlines/archives/2012/12/28/should-we-bomb-iran-to-save-money/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 09:28:12 -0400<![CDATA[While Robb, Ross and Makovsky provide an interesting account of the economic impact of inaction, they give little attention to the economic cost of action, merely noting that “the disruption of oil flows would have significant economic repercussions.” It is impossible to know exactly what the economic impact of war would be—much depends on how both sides choose targets and tactics, and how successful their efforts are. But it is likely that oil would quickly spike to two hundred dollars per barrel and remain elevated for the duration of the war. With the United States consuming between eighteen and nineteen million barrels of oil per day, massive price increases can easily suck billions of dollars a week out of the economy.]]>Fri, 28 Dec 2012 15:55:45 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2012/12/28/should-we-bomb-iran-to-save-money-n98684