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In reply to the discussion: "EIGHT WEEKS TO EMPTY SHELVES. SIXTY DAYS TO FAMINE." EVERYBODY INSULT THE OP! [View all]moreland01
(875 posts)36. What about the fact that only 20% of the global
Oil supply goes thru the Strait?
And what about the claim that we're the largest oil producer in the world now and can support ourselves (at least that's what trump says)?
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"EIGHT WEEKS TO EMPTY SHELVES. SIXTY DAYS TO FAMINE." EVERYBODY INSULT THE OP! [View all]
CousinIT
16 hrs ago
OP
This writer isn't an authority on the subject. His opinion is no more valuable than any of us.
hedda_foil
16 hrs ago
#1
There was an article posted a week or so stating that the last tanker of oil had reached LA. That gives US
in2herbs
15 hrs ago
#8
Yes, the last tanker from the Middle East for California/West Coast
DetroitLegalBeagle
11 hrs ago
#58
I agree. Getting away from peak oil is good. But we aren't running out during this mess.
Melon
14 hrs ago
#31
Yes, "we" do have a huge incentive to convert our homes and businesses to sustainable energy sources.
ShazzieB
13 hrs ago
#42
Of course we won't be fine. Rapenfuhrer is about to start the next worldwide depression with his little excursion --.
hedda_foil
9 hrs ago
#64
Please remember back to 1999 if you will. Airplanes will fall out of the skies, elevators will fall, ATMs wont give $$$
Srkdqltr
15 hrs ago
#9
The US has been exporting more oil and petroleum products than it imports since August 2021.
eppur_se_muova
15 hrs ago
#17
Well, I don't think we're gonna all starve. But I am going to short the market.😀
ashredux
14 hrs ago
#20
Yes and we've had a strategy for the last 50 years (thanks to Henry Kissinger)
FakeNoose
9 hrs ago
#65
There is a difference between Europe and the U.S. Europe has electric trains. We do not.
LiberalArkie
13 hrs ago
#38
Maybe worse case but I would bet the farm that supply and inflation will have a major impact by July
yaesu
12 hrs ago
#49
Well, one of the incentives for the Hiroshima and Nagasaki bombings to quickly end the war
Wednesdays
8 hrs ago
#72
It seems like the comments here are mostly skeptical, but on Substack, they are mostly in agreement.
ihaveaquestion
11 hrs ago
#55
"For two months, the world coasted on oil that was already at sea. That floating inventory masked the full scale of what
riversedge
11 hrs ago
#56
Yesterday I heard cattle herds haven't been this low since the 1950s
FullySupportDems
11 hrs ago
#57
Yeah. They skimmed it, made assumptions, and then went right to pile-on attack mode.
CousinIT
8 hrs ago
#71