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In this post, I examine differences in economic behaviour by comparing two types of periods: those with low energy affordability and those with high energy affordability.
To implement an export ban, the president would have to declare an emergency. It’s not hard to see how Iran closing the Strait of Hormuz would be seen as an emergency.
August 13, 2026
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Comments
Welcome to the new Resillience commenting system!
We have moved from the former Disqus commenting system to a new system as of September 10, 2026.
We made this change because of privacy concerns regarding Disqus. It's also part of a set of changes to bring more services to the Resilience community under a single login: commenting, (coming September 2026), and online courses (coming 2027). Unfortunately, your old Disqus comments may not reliably link to your account in this new system. Please contact us if you have any questions or concerns.