Of all the gods mankind has created, why did we have to make one so powerhungry?
Perhaps so that one day the blue fairy will be found? https://youtu.be/mzsqulKTwO0
Just a typo.
Visible impacts from the disruption of the strait of Hormuz
More oil released from the SPR.
Chances are, you can open a whole new forum section just for crunches, shortages and other effects of this little tussle between billionaires.
Your OK prices seem off. Grok says $2.30-2.40 before the war, and around $3.20 for late march. That puts the change much more in line with CA’s.
The CHF strengthened by some 3% over that period.
They publish weekly reports, the US TCS https://gasprices.aaa.com
I don’t remember exactly but the price I used was 1 or 2 weeks ago, not late March.
Not sure what had me compare to one month later, sorry. However I think the general approach applies to late April as well with its $3.40-3.50 per gallon in OK.
i found these article interesting.
https://www.japantimes.co.jp/business/2026/05/13/markets/jet-fuel-supply-summer-flights/
2 or 6 weeks for “June”?
June is seen by economists and energy experts as the moment of truth when European governments will need to take some tough and unpopular decisions to conserve fuel supplies.
I am wondering if prices for used ICE cars will drop sharply, while prices for hybrids and full EVs will go up significantly.
I am curious about the numbers behind this. WSJ opinion piece. Gasoline still at 1.89/Liter, higher octane one 15 Rappen more or so.
Energy Markets Limit the Hormuz Shock
The world’s supply of fuel is much more diversified than it was during the energy crises of the 1970s.
Today there is much more variety in world oil and natural gas than during the 1970s. The shale revolution has transformed the U.S. from the world’s largest importer of oil to the world’s largest producer of oil and natural gas and largest exporter of liquefied natural gas.
Overall, the Western Hemisphere now produces more oil than the Middle East did before the crisis. Canada is the world’s fourth-largest oil producer. Brazil produces four times as much oil as Venezuela; and in Guyana, where production began only seven years ago, output almost equals Venezuela’s. In Argentina’s Vaca Muerta region, shale oil production has grown sixfold since 2020. The current disruption will propel more oil and gas investment in the Western Hemisphere and Africa.
Diversification goes beyond oil and gas. Responding to the “tanker war” during the 1980s Iran-Iraq war, Saudi Arabia built variety in the form of a pipeline system that now moves 7 million barrels of oil a day west to the Red Sea. Abu Dhabi built a pipeline looping around the Strait of Hormuz and plans to double capacity by 2027. France, which once depended on oil for electric generation, now relies mainly on nuclear. Japan led the development of the LNG industry to push oil out of its electric generation. The growing scale of wind and solar adds further diversification for electric generation.
The price at the gas station should follow this in a few weeks. Summer air travel also under lower pressure.
Didn’t I read something about Lufthansa grounding 40 jets due to kerosene shortage?
A fact blown out of all proportion. 2 years ago LH decided to close their city-something subsidiary. It had never generated a profit and its aircraft were ageing meaning costs were increasing.
Projected date was Oct 26.
Early this year LH announced they were advancing the date to April 2026. Reason Increasing fuel costs.
Too early to call (it off):
If you have an oil tank, now might be a good time to fill it up.
Just in case.
TBH, one tank doesn’t last that long. Max 1 month for me.
Contracting a SBB Halbtax Plus is a more useful and economical alternative for some months ![]()
Depends if it is a heating oil tank ![]()
Ahhh, that can be 1 or 2 years of fuel, right?
