Archive for the 'Collapse' Category
U.S. CONSIDERING DIESEL EXPORT BAN
September 23rd, 2026Via: CNBC: The Trump administration is looking into whether implementing a diesel export ban would ease record high prices for the critical fuel, Treasury Secretary Scott Bessent said Tuesday. “We’re examining whether it’s feasible in terms of the overall refining capacity and whether a full or partial ban would work,” Bessent said at a bilateral […]
Ukraine Pounds Major Moscow Refinery
September 20th, 2026Remember the one about Trump claiming that Ukraine and Russia have agreed to halt all attacks on energy targets? Here’s how that’s going… Via: ZeroHedge: Military conflicts, economic wars, and resource wars are converging ahead of the Northern Hemisphere winter. Export restrictions on critical materials and energy products are adding economic pressure worldwide, raising the […]
Planned Energy Collapse? Interest Rates and Inflation Are About to Rip Higher
September 18th, 2026Via: Peak Prosperity: More from Sentinel Economics:
SAUDI ARABIA HALTS SHIPMENTS OF CRUDE OIL TO EUROPEAN REFINERIES
September 18th, 2026Via: Bloomberg: Saudi Aramco told at least two oil refining customers in Europe that they will be allocated no crude oil next month after the kingdom’s key pipeline to the Red Sea was attacked, people informed of the decision said. European customers normally receive Saudi Arabian crude on so-called term contracts, ensuring a steady flow […]
Some Gas Station Are Out of Diesel, “Current Shortages Remained Within Normal Levels”
September 17th, 2026Via: Newsweek: Photos appearing to show gas stations running out of diesel have spread across social media as U.S. fuel prices climb to record highs, but industry data does not currently show any widespread shortages. … However, Patrick De Haan, head of petroleum analysis at GasBuddy, cautioned against interpreting individual stations as evidence of national […]
United Airlines Confirms Holiday Flight Cancellations As More Cuts Loom Over Fuel Crisis
September 17th, 2026Via: TheTravel: In response to the elevated fuel prices, United Airlines confirmed at the Morgan Stanley conference that it is looking to reduce capacity during one of the busiest times of the year. The carrier hinted that its cuts may also affect flights into 2027, depending on fuel prices. Southwest Airlines and American Airlines have […]
Leopold Aschenbrenner Is Back to Losing Money in AI Stocks
September 16th, 2026Leopold Aschenbrenner is definitely an enterprising man! Via: Crypto News: Leopold Aschenbrenner of hedge fund Situational Awareness has returned after losing billions of dollars in July — and he’s already losing money again. CNBC broke the news Friday morning, six weeks after Aschenbrenner’s historic blow-up, that Situational Awareness was re-buying AI stocks and leveraged options […]
Costco Begins Rationing Kirkland Signature Motor Oil As Refined Crisis Spreads
September 14th, 2026Via: ZeroHedge: Costco’s Kirkland Signature motor oil has doubled in price, and customers now reportedly face a purchase limit as the Gulf energy conflict, combined with the Russia-Ukraine war, has sent the global refining market into a tailspin. Auto news website The Auto Wire reports that a 10-quart package of Kirkland full-synthetic oil now costs […]
U.S. Diesel Prices Top $6 a Gallon for First Time Ever
September 11th, 2026Via: OilPrice: The national average price for diesel fuel in the United States topped $6 per gallon for the first time this Thursday, adding to already considerable pain at the pump ahead of the November midterm elections. The data comes from GasBuddy, which said in a statement that “As diesel climbs, higher supply chain costs […]
Trump Offers $5000 Bribe to Americans to Vote for Republicans in Midterm Election
September 10th, 2026“Because of our tremendous strength and success economically…” With poll numbers in the gutter, President Trump seems to have moved to bribery for the upcoming elections — $5,000 for Americans if the Republicans win. Could the Democrats offer up $6,000 if they win? Could there be a bribery bidding war? Should Americans be bribed (with… […]
