Financial effect of current Jet A prices
03-08-2026 | 07:08 PM
#21
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It's not working. No company will put their vessels at risk when lead time to get a new one is measured in years.
Ok let's say they don't care and they start moving again. Millions of gallons of output are offline and infrastructure is getting torched. We're at 20m a day deficit now, going to 5m a day isn't a whole lot better.
There is no short term option to get us back to Feb pricing. I'd love to be wrong, though. But every day that goes by until then is $20m more down the hole.
There was a way to do this and it involved planning for it five+ years ago. Hell they didn't even bother filling our SPR. It's still at 60% and much of that can't even be accessed without damaging the wells themselves apparently.
Ok let's say they don't care and they start moving again. Millions of gallons of output are offline and infrastructure is getting torched. We're at 20m a day deficit now, going to 5m a day isn't a whole lot better.
There is no short term option to get us back to Feb pricing. I'd love to be wrong, though. But every day that goes by until then is $20m more down the hole.
There was a way to do this and it involved planning for it five+ years ago. Hell they didn't even bother filling our SPR. It's still at 60% and much of that can't even be accessed without damaging the wells themselves apparently.
03-08-2026 | 07:49 PM
#22
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Joined: Jun 2018
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From: recliner
Can’t believe I’m the first to post about this…
What about Venezuelas oil? Seems like their change of management is more willing to work with us.
What about Venezuelas oil? Seems like their change of management is more willing to work with us.
03-08-2026 | 08:34 PM
#23
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A supplier isn't going to sell their oil for less than market rate simply because it's local.
03-08-2026 | 08:53 PM
#25
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I understand supply/demand curves just fine. The market rate for a barrel of crude is $115.
Conquering Latin American countries doesn't change that fact.
03-08-2026 | 09:44 PM
#26
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From: Guppy Gear Slinger
03-09-2026 | 01:14 AM
#27
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yeah but isn’t the issue the inexpensive, readily available Shahead drones that our govt apparently didn’t prepare for apparently?
03-09-2026 | 02:28 AM
#28
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Joined: Jan 2023
Posts: 3,252
Likes: 628
It's not working. No company will put their vessels at risk when lead time to get a new one is measured in years.
Ok let's say they don't care and they start moving again. Millions of gallons of output are offline and infrastructure is getting torched. We're at 20m a day deficit now, going to 5m a day isn't a whole lot better.
There is no short term option to get us back to Feb pricing. I'd love to be wrong, though. But every day that goes by until then is $20m more down the hole.
There was a way to do this and it involved planning for it five+ years ago. Hell they didn't even bother filling our SPR. It's still at 60% and much of that can't even be accessed without damaging the wells themselves apparently.
Ok let's say they don't care and they start moving again. Millions of gallons of output are offline and infrastructure is getting torched. We're at 20m a day deficit now, going to 5m a day isn't a whole lot better.
There is no short term option to get us back to Feb pricing. I'd love to be wrong, though. But every day that goes by until then is $20m more down the hole.
There was a way to do this and it involved planning for it five+ years ago. Hell they didn't even bother filling our SPR. It's still at 60% and much of that can't even be accessed without damaging the wells themselves apparently.
Panicans. Relax. World oil production is a different landscape than it was 5,10,15 years ago.
Straights will be open soon (just checked its actually open now). Any op there always factors in any potential closure of the straight.
This is speculation. Market bros are driving this, not supply. This operation is not even a week old, it will be over soon and you all can go back to dooming about the lack of dancing cats on Tik Tok.
03-09-2026 | 02:30 AM
#29
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It's a new world of asymmetric warfare. And no one will want to run the blockade knowing this.
03-09-2026 | 02:34 AM
#30
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However you can't discount supply. It's a driver of the price.
Since they black bagged Maduro Venezuela pocketed a tidy $5 billion from oil sales, that was up to 5 days before they started to bomb Iran.
Production is ramping up dramatically as wd now have technicians there helping get their production ramped. More to flow soon.
This cripples CCP in the end and the rest of the world will move along.
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