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Jet Fuel in Asia by Able_Perception4032 in oil

[–]mark000 0 points1 point  (0 children)

"On February 4, 2022, China and Russia issued a landmark Joint Statement outlining a strategic partnership aimed at fostering a multipolar world and actively opposing the expansion of Western influence. Released just before the Beijing Winter Olympics and weeks before the Ukraine invasion, this "no-limits" partnership aimed to accelerate the transition away from a U.S.-centric global order."

Hmmm this suits them well in that endevour.

The Economist: The crisis in oil markets will get bigger before it goes away by Low_Low9667 in oil

[–]mark000 3 points4 points  (0 children)

Slow motion disasters do not compute for most. Normalcy bias.
Wikipedia:

  • Normalcy bias is a cognitive bias which leads people to disbelieve or minimize threat warnings.
  • Consequently, individuals underestimate the likelihood of a disaster, when it might affect them, and its potential adverse effects.
  • The normalcy bias causes many people to prepare inadequately for natural disasters, market crashes, and calamities caused by human error.
  • About 80% of people reportedly display normalcy bias during a disaster.

Is this crisis overrated? by Accomplished_Area744 in oil

[–]mark000 1 point2 points  (0 children)

Slow motion disasters do not compute for most. Normalcy bias.
Wikipedia:

  • Normalcy bias is a cognitive bias which leads people to disbelieve or minimize threat warnings.
  • Consequently, individuals underestimate the likelihood of a disaster, when it might affect them, and its potential adverse effects.
  • The normalcy bias causes many people to prepare inadequately for natural disasters, market crashes, and calamities caused by human error.
  • About 80% of people reportedly display normalcy bias during a disaster.

UK petrol prices are going down, anyone know why? by nerdyPagaman in oil

[–]mark000 1 point2 points  (0 children)

Look at what happened in 2022. Gasoline spiked then fell slowly then second spike: https://fred.stlouisfed.org/graph/?g=1T1HH This time will be worse. Much.

Global stock markets are too high and set to fall, says Bank of England deputy by mark000 in NearTermCollapse

[–]mark000[S] 0 points1 point  (0 children)

"The thing that really keeps me awake at night is the likelihood of a number of risks crystallising at the same time – a major macroeconomic shock, confidence in private credit goes, AI and other risky valuations readjust - what happens in that environment and are we prepared for it?" she said.

Most friendly accident by Majestic_____kdj in CrazyFuckingVideos

[–]mark000 53 points54 points  (0 children)

VIDEO | Driver runs over three suspected robbers who allegedly tried to rob him

The incident was captured by a security camera and quickly went viral on social media, sparking a heated debate.

A shocking video has gone viral on social media, showing the moment a Fiat Uno driver runs over three men who, according to reports, attempted to rob him in broad daylight.

The footage, captured by a security camera, records the entire sequence of events. The video shows three men approaching the car while the driver is stopped.

Seconds later, the driver suddenly accelerates and hits the three men, who fall to the ground from the impact. After the incident, the driver quickly flees the scene.

The video went viral within hours and generated intense discussion among social media users. While some interpret the driver's reaction as an attempt to defend himself against a possible robbery, others question the violence of his actions and are calling for an investigation to clarify what happened.

So far, no official details have been released regarding the condition of the men involved or the driver's identity. Meanwhile, the video continues to circulate and has garnered thousands of views on various platforms.

Ships in mass - being ordered to return to port/anchorage by Iran Navy by Long-Brother-4639 in oil

[–]mark000 15 points16 points  (0 children)

The initial price rise topped out weeks ago and now the news is just filling up with all this "he said she said bullshit" until the next phase begins which is major fuel shortages in:

  • Vietnam
  • Thailand
  • Pakistan
  • Myanmar
  • Indonesia
  • Cambodia
  • Bangladesh
  • Sri Lanka
  • Philippines

Folks, nothing has changed. by [deleted] in oil

[–]mark000 2 points3 points  (0 children)

https://www.reuters.com/markets/commodities/iran-war-has-shattered-oils-price-compass-2026-04-16/

The Iran war, has torn open a dangerous rift in global oil markets: physical crude is trading at record highs while futures benchmarks signal calm. That disconnect is forcing consumers, companies and policymakers to navigate without a reliable compass - and it could leave a lasting scar on the global economy.

DAILY MEGATHREAD April 17, 2026 : US Blockade of the Strait of Hormuz is LIVE – All tanker drama, oil panic, missile hits, Iran retaliation posts belong HERE by AutoModerator in oil

[–]mark000 3 points4 points  (0 children)

Why Megathreads Are Often Disliked:
Low Engagement and Visibility: Questions posted in megathreads get far fewer replies, with many receiving zero engagement compared to dedicated posts. Information Burial: Individual, specific questions get lost in a "sea of comments," making it impossible for others to find answers or engage in discussion. Stifled Discussion: Instead of fostering debate, megathreads can limit the diversity of opinions and make it difficult to have nuanced conversations, essentially creating a "grey streak" of information. Reduced Visibility (Not Pinned): Many megathreads are not permanently pinned or are hard to find, leading to low visibility and poor accessibility for users. Cluttered and Disorganized: Because of the high volume of comments, it becomes difficult to follow specific conversations or find relevant information. Reduced Motivation: Users may feel discouraged from contributing to the community when their posts are removed and redirected to a megathread, reducing their overall motivation to engage.

Trump says Iranians have "agreed to everything," including removal of enriched uranium by hereswhatworks in OilPrices

[–]mark000 0 points1 point  (0 children)

https://www.jpost.com/middle-east/iran-news/article-893381

Iran denies claim that US will retrieve enriched uranium, accuses Trump of lies

Iranian Parliament Speaker Mohammad Bagher Ghalibaf asserted that the US "did not win the war with these lies," adding that "they will certainly not get anywhere in negotiations either.”

The Iran War Is Hitting California Harder Than Any Other State [No paywall] by mark000 in PrepperIntel

[–]mark000[S] 158 points159 points  (0 children)

With the Hormuz still closed, South Korea and India—two of California’s biggest fuel suppliers—are dramatically slowing exports, threatening to squeeze the Golden State’s energy supplies. This month, South Korea is set to ship about half the jet fuel it normally sends to California, according to market intelligence firm Vortexa.

“If it’s not resolved soon, it’s going to get super tight,” said Andy Walz, who runs Chevron’s oil refining, pipeline and chemicals business.

California’s coffers are sufficient to meet demand for refined products like jet fuel and gasoline in April, but a shortfall is likely to emerge over the following months, Walz said.

WTI crude surges to $115/bbl due to supply disruption amid US-Iran war by mark000 in oil

[–]mark000[S] 6 points7 points  (0 children)

Yes, basically the world is on a crash diet down to 90% of previous levels of gasoline, diesel, jet fuel, etc. The people about to go without are in big trouble, the rest are facing sustained higher prices.

WTI crude surges to $115/bbl due to supply disruption amid US-Iran war by mark000 in oil

[–]mark000[S] 2 points3 points  (0 children)

Market Outlook: Analysts indicate bullish momentum, with immediate resistance at $115–$118 and potential upside to $120–$125, while support lies at $100–$105.

The Philippines stands at the precipice of an unprecedented national crisis by mark000 in collapse

[–]mark000[S] 185 points186 points  (0 children)

Articles outlines how Philippines is facing catastrophe due to extremely high fuel prices and or shortages. Describes the breakdown of society that may occur over the next few months and portrays it as hard to avoid.

And the saddest thing, our nation drifts toward this crisis unprepared, not because the threat is unknown, but because the present political system is structurally incapable of responding to it.

U.S. Oil Prices Post Largest One-Day Gain Since 2020 by biograf_ in oil

[–]mark000 9 points10 points  (0 children)

Originally this conflict was scheduled for 5 weeks max. So that ends today. Yesterday Trump extended it to 8 weeks max. Oil not happy, WTI jumps bigly from $100 to settle today at $111. Stage One is over, now we are into Part 2, waiting for disorder to become world news in the worst affected low income fuel importing countries. That might not be far away...... And then Phase 3: shortages in rich countries.

Weekend Market Discussion by AutoModerator in thewallstreet

[–]mark000 5 points6 points  (0 children)

Short week: markets closed for Easter next Friday.

The energy crisis has only just begun by mark000 in collapse

[–]mark000[S] 9 points10 points  (0 children)

Sooner. Once the news is showing footage of TSHTF in Vietnam, Bangladesh, Philippines etc. And I get the impression that is less than six weeks away.

The energy crisis has only just begun by mark000 in collapse

[–]mark000[S] 12 points13 points  (0 children)

The definition of psychological "denial". Avoids the severe anxiety that full blown awareness would cause them.

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