Jet Fuel Shortage
04-13-2026 | 09:25 AM
#52
Line Holder
Joined: Jul 2022
Posts: 1,607
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From: 787 FO
https://www.bbc.com/news/articles/c3w39lg84w2o
04-13-2026 | 09:28 AM
#53
Gets Weekends Off
Joined: Feb 2008
Posts: 20,874
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04-13-2026 | 09:53 AM
#54
— No Relief On Scope —
Joined: Mar 2015
Posts: 4,569
Likes: 334
From: B737 Left Seat
04-13-2026 | 10:24 AM
#56
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Joined: Jul 2021
Posts: 621
Likes: 47
A simple AI search would explain how that’s possible, and oil has reached $211 (adjusted for inflation) a barrel at the consumption rate of 85-86 million barrels per day in 2008. I still remember it well as a starving RJ FO paying $4.29 a gallon for 87 octane in July 2008, which is the equivalent of $6.44 a gallon today.
2008 USA oil production was 5mbpd, 2025 was over 13MPBD and limited at that because of a $50-60 price point.
A small process was invented called fracking, and the USA has millions of barrels of oil at a cost index way below $200 a barrel.
OPEC drives the price of oil down every few years to maintain market share and run the frackers out of business and their ch11/7 add a base cost per barrel to the future operators.
Last edited by OpieTaylor; 04-13-2026 at 10:38 AM.
04-13-2026 | 10:36 AM
#57
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Joined: Feb 2013
Posts: 941
Likes: 250
From: A320
Not following. At 85-86mbpd we don’t need the SOH.
2008 USA oil production was 5mbpd, 2025 was over 13MPBD and limited at that because of a $50-60 price point.
A small process was invented called fracking, and the USA has millions of barrels of oil at a cost index way below $200 a barrel.
OPEC drives the price of oil down every few years to maintain market share and run the frackers out of business and their ch11/7 add a base cost per barrel to the future operators.
2008 USA oil production was 5mbpd, 2025 was over 13MPBD and limited at that because of a $50-60 price point.
A small process was invented called fracking, and the USA has millions of barrels of oil at a cost index way below $200 a barrel.
OPEC drives the price of oil down every few years to maintain market share and run the frackers out of business and their ch11/7 add a base cost per barrel to the future operators.
04-13-2026 | 10:40 AM
#58
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Joined: Jul 2021
Posts: 621
Likes: 47
Your average steak consumption per year is at a specific price point. If you eat 20lbs of ribeye per year it was at a price point and not at all price points.
Demand falls hard when oil goes up, some dude somewhere cancels driving 300 miles one way to buy a boat that’s burns 30gph.
Gas by my house was $2.20 a gallon before this by my house. Drive that backwards to 2008 and see how cheap it is to cause more demand.
The consumption “snapshot” makes the straight look more important and gives iran more to hold out.
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