President Donald Trump failed to get any of America's close allies to help secure the Strait of Hormuz.  Canada, Germany, the UK, France, Italy, Spain, Norway, Poland and Japan.  "I am not surprised by their action, however, because I always considered NATO, where we spend Hundreds of Billions of Dollars per year protecting these same Countries, to be a one way street — We will protect them, but they will do nothing for us, in particular, in a time of need," Trump wrote in a   post on Truth Social   on Tuesday.   "Because of the fact that we have had such Military Success, we no longer 'need,' or desire, the NATO Countries’ assistance — WE NEVER DID! Likewise, Japan, Australia, or South Korea," Trump said.  China, also no, and read this from  Quora: SETROSEA   ·   Follow Posted   by   KILLUA   Jan 31 BREAKING NEWS: WAR ALERT CHINA SENDS TYPE-055 DESTROYER TO IRANIAN WATERS.. At least one or more type-055 destroyers of Chin...

Today, gambling....the casino kind and more.  But first, a few more things about petroleum, my feature yesterday:  Iran warns oil could hit $200 as it fires on merchant ships . WTI Crude Oil dropped from $110/barrel ( price just before the market re-opened on Monday ) to $82/barrel yesterday, but increased to $87/barrel today. The stabilization occurred because Donald Trump said this would be a short war, plus the International Agency recommended the release of 400 million barrels from global strategic reserves.  Note that the world roughly produces 106 million barrels of oil/day, and the USA is #1 with 13.6 million barrels/day.  Amazingly enough, North America is the largest oil-producing region, with over 31 million barrels/day. The world strategic petroleum reserve holds over 2 billion barrels, of which 20% will be released.  The USA has 415 million barrels in Gulf Coast salt caverns, which are designed to hold 714 million barrels.   President Trump...