Does that mean my cheezburgers would take longer to get to me?
BJoe1976 on
So the tankers go half the speed of smell then?!
priceis on
So I guess start filling your extra gas cans
aprettyp on
>If disruption to the energy supply persists, the effects will be widespread. Higher insurance and freight costs will raise prices. Trade balances will worsen. Currencies will weaken. Inflation will rise. Energy dependence will begin to shape policy. Governments will prioritize access to energy. Diplomatic choices will narrow. Actions that risk further instability will become harder to sustain. A 1970s world in which oil shocks lead to years of stagflation will no longer be a distant memory but a nearing reality.
What am I going to cook my French fries in?? Oil prices are cray!
BitterCrip on
The world has had decades to get on board with electrification and off fossil fuels, and just now we’ve reached the “finding out” part of the phrase
Snellyman on
I’m confused by this video. Why are they moving the oil on bicycles? I thought they had big ships made for this.
Underbark on
I just got a free bike off a friend of mine. I have a feeling I’ll be needing it soon.
Sethfb20 on
And what’s the name of this war?
Berry_Jam on
So…this is going to be like super bad, right?
Or worse than bad?
whitestguyuknow on
Just had to vote in a demented megalomaniac as president didnt we
Abject-Donkey-420 on
If we actually engineered to build rather than eat we would be getting helium from the Moon by now. …….but NOOOOO! Mafia had to kill Kennedy. Rich humans are so stupid.
pixeltweaker on
So if the oil is still flowing in, why the price spike now? And then when the oil starts flowing again they will wait months before they say they can lower the prices.
Delivery-Plus on
I see why Frank Herbert was onto something.
HeftyVermicelli7823 on
And all because America elected a toddler who had a tantrum.
Loki-L on
By the same token, when the strait of Hormuz opens up again it will take this long for oil to start flowing again.
Much longer probably, because the tankers first need to ho back to the gulf when it is safe and they are unlikely to be in a position to go right in.
Also a lot of infrastructure has already been damaged and more will be soon.
The delay between end of conflict and oil supply going back to normal will take months and it doesn’t look as if things will calm down in Iran anytime soon.
carlyhaze on
Exactly, yet we are being charged raised prices that we shouldn’t see for a year. The gas prices we have today, are from when oil was at or >$70 a barrel. Yet we are being gouged as though the oil used to make gasoline today was $150 a barrel. The gas at the pumps today, came from oil priced around $70 a barrel. This really grinds my gears.
Rokekor on
There’s an underlying irony here that Donald ‘Drill baby drill’ Trump and his clusterfuck of Republicans may do more to push the world towards electrification and reduce climate emissions than anyone has been able to achieve in the last 30 years.
19 Comments
Does that mean my cheezburgers would take longer to get to me?
So the tankers go half the speed of smell then?!
So I guess start filling your extra gas cans
>If disruption to the energy supply persists, the effects will be widespread. Higher insurance and freight costs will raise prices. Trade balances will worsen. Currencies will weaken. Inflation will rise. Energy dependence will begin to shape policy. Governments will prioritize access to energy. Diplomatic choices will narrow. Actions that risk further instability will become harder to sustain. A 1970s world in which oil shocks lead to years of stagflation will no longer be a distant memory but a nearing reality.
[https://www.nytimes.com/2026/04/06/opinion/iran-war-strait-hormuz.html](https://www.nytimes.com/2026/04/06/opinion/iran-war-strait-hormuz.html)
FDT
What am I going to cook my French fries in?? Oil prices are cray!
The world has had decades to get on board with electrification and off fossil fuels, and just now we’ve reached the “finding out” part of the phrase
I’m confused by this video. Why are they moving the oil on bicycles? I thought they had big ships made for this.
I just got a free bike off a friend of mine. I have a feeling I’ll be needing it soon.
And what’s the name of this war?
So…this is going to be like super bad, right?
Or worse than bad?
Just had to vote in a demented megalomaniac as president didnt we
If we actually engineered to build rather than eat we would be getting helium from the Moon by now. …….but NOOOOO! Mafia had to kill Kennedy. Rich humans are so stupid.
So if the oil is still flowing in, why the price spike now? And then when the oil starts flowing again they will wait months before they say they can lower the prices.
I see why Frank Herbert was onto something.
And all because America elected a toddler who had a tantrum.
By the same token, when the strait of Hormuz opens up again it will take this long for oil to start flowing again.
Much longer probably, because the tankers first need to ho back to the gulf when it is safe and they are unlikely to be in a position to go right in.
Also a lot of infrastructure has already been damaged and more will be soon.
The delay between end of conflict and oil supply going back to normal will take months and it doesn’t look as if things will calm down in Iran anytime soon.
Exactly, yet we are being charged raised prices that we shouldn’t see for a year. The gas prices we have today, are from when oil was at or >$70 a barrel. Yet we are being gouged as though the oil used to make gasoline today was $150 a barrel. The gas at the pumps today, came from oil priced around $70 a barrel. This really grinds my gears.
There’s an underlying irony here that Donald ‘Drill baby drill’ Trump and his clusterfuck of Republicans may do more to push the world towards electrification and reduce climate emissions than anyone has been able to achieve in the last 30 years.