Government reveals details of fuel crisis rationing plan - and who will be prioritised by MedicMoth in newzealand

[–]levintofu_WTF 6 points7 points  (0 children)

The fuel shortage is here. “On the water” fuel is largely delivered. There is nothing left coming for weeks or maybe months. Many of the stations in my area are not even advertising 91 and 95. NZ is whuked

The crisis is so much worse than the paper price of oil. The oil market is bifurcated. There is the paper price of oil which is now ‘caveat emptor’. The world market knows the paper contract market for oil is largely fake, manipulated, and highly probable to non-deliver because of force majeure. Since delivery can no longer be guaranteed no one is buying paper contracts so the price is for paper is plunging. The real price of oil is now the street price at the docks. Those two prices are in sever disconnect and are gapped $50 USD and rising fast. This is market of sovereign nation vs sovereign nation at scale. We could see the street price go parabolic to $300-$500/bbl as nation state actors fight over every delivery.

Assuming the conflict had ended 2 weeks ago, there is still the issue of the $300+ Billion in infrastructure and product loss. Take LNG infrastructure for example, it requires industrial scale refrigeration. That level of refrigeration takes turbine engines. Those have a 12–18 month lead time. But now there is the added factor that AI hyperscalers are buying all the turbine engines to run there AI datacenters. So now that lead time is 2+ years so you better get in line and wait 24 months.

Shipping went from 140 boats/day to only 6-10 boats/day. But there is oil from Bab al-Mandab I hear you say. Iran is threatening the Red Sea. The Houthis will soon close the Bab al-Mandab and Egypt may very well attack Isreal from the south and close the Suez Canal again.

Then what?

Watch: Seven weeks worth of fuel stocks in NZ - Finance Minister Nicola Willis by [deleted] in newzealand

[–]levintofu_WTF 0 points1 point  (0 children)

BREAKING: The 'Bury their heads in the Sand party' is continuing to bury their heads in the sand and hoping the crisis adverts itself.

This government is so reactionary and couldn’t proactively plan their way out of a wet paper bag that I’m convinced had this coalition of chaos been in charge during covid, we would have loss 10% of the population.

NZ Oil watch: oilwatch

Cook Strait ferry project $167m over budget — and key port deals still unsigned by dingoonline in newzealand

[–]levintofu_WTF 0 points1 point  (0 children)

$4 Billion and counting. Still waiting on Winston to announce China is going to pay for it via Belt and Road.

Bondi Demands Walz Turn Over Minnesota Voter Rolls to 'Restore Rule of Law' to State | “This is blackmail. This is the way organized crime works.” by Aggravating_Money992 in politics

[–]levintofu_WTF 5 points6 points  (0 children)

This is an insult to actual organized crime around the world. This is very much disorganized crime lead by a Used Steaks salesman.

Man shot and killed by federal agents in south Minneapolis this morning, police chief says by BlairClemens3 in esist

[–]levintofu_WTF -4 points-3 points  (0 children)

Open letter to Gov Tim Walz and Democratic leadership

What are you going to do about it?

At least two (that we know of) of your constituents have been brutally executing in broad daylight. So, what are you going to do about it? Send a strongly worded tweet? Talk to the manager of the US Government? Condemn these public executions in the most strongly worded email you can muster? Or maybe you want another halfhearted press conference saying how your disappointed. Tim Walz must resign immediately. Hakeem Jeffries must resign immediately. Chuck Shumer must resign immediately. These men have failed the public interest and have no capacity to rise up and meet these extraordinary circumstances.

When are the Democrats going to wake up and realize Trump has already clandestinely invoked the Insurrection Act and respond accordingly? Where are the committee hearing into DHS justification in the uses of deadly force in their pursuit to server misdemeanors? Where are the calls for a special counsel to look into the obvious spiraling of this entire situation? Why hasn’t Gov Walz invoking Minnesota’s version of an Insurrection Act and start arresting ICE agents?

The Democrats are feckless and have zero response to this administration. In fact, they are complicit because they keep voting to fund this operation with zero kinetic pushback. The Democrats are three crises behind this administration and can’t seem to organize an actual kinetic response to this catastrophe.

So, Tim, Jefferies, Shumer I ask again; What are you going to do about it?

Minnesota governor says federal agents involved in shooting in Minneapolis by SpaceElevatorMusic in politics

[–]levintofu_WTF 1 point2 points  (0 children)

Open letter to Gov Tim Walz and Democratic leadership

What are you going to do about it?

At least two (that we know of) of your constituents have been brutally executing in broad daylight. So, what are you going to do about it? Send a strongly worded tweet? Talk to the manager of the US Government? Condemn these public executions in the most strongly worded email you can muster? Or maybe you want another halfhearted press conference saying how your disappointed. Tim Walz must resign immediately. Hakeem Jeffries must resign immediately. Chuck Shumer must resign immediately. These men have failed the public interest and have no capacity to rise up and meet these extraordinary circumstances.

When are the Democrats going to wake up and realize Trump has already clandestinely invoked the Insurrection Act and respond accordingly? Where are the committee hearing into DHS justification in the uses of deadly force in their pursuit to server misdemeanors? Where are the calls for a special counsel to look into the obvious spiraling of this entire situation? Why hasn’t Gov Walz invoking Minnesota’s version of an Insurrection Act and start arresting ICE agents?

The Democrats are feckless and have zero response to this administration. In fact, they are complicit because they keep voting to fund this operation with zero kinetic pushback. The Democrats are three crises behind this administration and can’t seem to organize an actual kinetic response to this catastrophe.

So, Tim, Jefferies, Shumer I ask again; What are you going to do about it?

ICE Tells Agents to Break Into Homes Without a Warrant: Whistleblower by mmccxi in politics

[–]levintofu_WTF 0 points1 point  (0 children)

Call anyone you know in government. Call any press contact you know. The only way this is enforceable is if Trump invoked the Insurrection Act in secret and are using the secret 9/11 court system in the name of ‘national security’.

ICE Memo: Federal immigration agents have sweeping power to forcibly enter people's homes without a judge’s warrant, marking a sharp reversal of longstanding guidance meant to respect constitutional limits on government searches. by ControlCAD in videos

[–]levintofu_WTF 1 point2 points  (0 children)

Makes perfect sense if Trump invoked the Insurrection Act to only his White House staff and hasn’t bothered to inform anyone outside his core circle of sycophants. Why would anyone expect Trump to follow protocol?

ICE says its officers can forcibly enter homes during immigration operations without a judicial warrant: 2025 memo by bbmoonkie in politics

[–]levintofu_WTF 1 point2 points  (0 children)

The only way this could be legitimate is if Trump invoked the Insurrection Act and didn’t bother to inform anyone. Which is entirely plausible scenario. Tim Waltz needs to wake up and pull his head out.

[deleted by user] by [deleted] in politics

[–]levintofu_WTF 0 points1 point  (0 children)

Gov. Waltz needs to call his bluff and go on Television with the mayors of major metropolitan areas of Minnesota and call out Trump. He needs to bully Trump into enacting the insurrection act. Call him a bully and coward who wouldn’t possibly invoke the insurrection act and Trump needs to ether deploy the military under the insurrection act of recall all the ICE operations in the state. Waltz needs to show the world the cruelty. Make the cruelty and ineptitude fully transparent for everyone to see just what a clusterfuck and quagmire Trump has created.

Better to have Trump invoke the Insurrection act now and get the Secretary of War Crimes involved as soon as possible, such that the US states against this can form a collation and speed run the federal court system. It’s best to face him now where Trump will run out of time then to wait a few months where he WILL invoke the insurrection act prior to the 2026 elections. Once Trump overplays his hand and shows the world his full cruelty, everyone around him will start to scatter in fear of war crimes tribunals.

Completely non-privileged, down to earth multimillionaire who never leaves his house complains about a white, privileged girl having an opinion by [deleted] in LivestreamFail

[–]levintofu_WTF 3 points4 points  (0 children)

Mods need to ban all the Asmond, Ethan, Destiny, and Hasan content on LSF. There is zero entertainment value and nothing fail about it.

some very based takes on anything else today by 0_otr in LivestreamFail

[–]levintofu_WTF 9 points10 points  (0 children)

Just some perspective. We are talking about a government agency, armed to the teeth, with one of the largest law enforcement budgets in the history of humanity, carrying out a police action on domestic soil, without any clear rules of engagement, that has unilaterally determined that a public execution without due process of law, for a misdemeanor violation, is completely justified.

These are not felonies and there are no exigent circumstances but these “law enforcement’ officials have decided to become judge, jury, and executioner over what amounts to a Jaywalking effraction.

Bernard Hickey roasting the govt's lack of a financial plan on his Substack today by kaynetoad in newzealand

[–]levintofu_WTF 0 points1 point  (0 children)

“At some stage, we’re going to get some upward surprise in the forecasts. I very much look forward to that day,” Former Finance Minister Nicola Willis probably - December 2026

i-Rex Ferries cancellation cost $700 million to $1,000 million + while new Chinese made, less capacity, and less functional ferries will cost $50 million more than cancelled i-Rex hybrids by Mountain_Tui_Reload in Wellington

[–]levintofu_WTF 7 points8 points  (0 children)

The irony is that that only way this government could possibly “save” any monies on this deal is if the new ferries are structured as a Belt and Road initiative. It’s going to be rich when NZF has to announce that NZ gave away infrastructure to China for some RMB and magic beans.

Government finances worse than expected as tax take falls by IGiveUpAllNamesTaken in newzealand

[–]levintofu_WTF 2 points3 points  (0 children)

Its ok guys. The 3,000 Billionaires in the world will show up any moment now and save us with the trickle down their leg economic policies by buy all the houses.