I’m surprised more people aren’t talking about this. California will hit tank bottoms for jet and diesel by July 4th.
The Asian import arbitrage is dead, local refining is tapped, and none of this is reversible for 12-18 months.
Could this be the Energy Crisis’ Lehman moment? https://t.co/9pmVWJPrNv pic.twitter.com/0rhqTzPCbp
— Royen Capital ✈️👨🏿✈️🇱🇷💹🛢️🌊⚽ (@CaptainRoyen) June 2, 2026
Supply chains are starting to break down
– motor oil, diesel oil, and specialty fluids categories to drop by 40%
– 70% of the dollar value of goods shipped in the US are transported by truckLess motor oil and specialty fluids mean supply chains are becoming more fragile and… pic.twitter.com/T9VFJdKQ5t
— Lukas Ekwueme (@ekwufinance) June 3, 2026
Japanese stocks are up ~3% today celebrating a ~20bn$ eqv package of government stimmies that will flare inflation more while the same government just incinerated ~73bn$ in a futile attempt to strengthen the JPY at the same time is shorting oil during an energy crisis – Amazing pic.twitter.com/f3M7VVQUVC
— JustDario (@DarioCpx) June 3, 2026
Not surprisingly, Japan has been drawing down crude oil SPRs at a faster pace than the US is and than its own economy needs, why? To suppress oil prices.
All these governments are choosing the stocks bubble over economic safety and resilience https://t.co/iyOJKTSgEv pic.twitter.com/4CbupeEcVt
— JustDario (@DarioCpx) May 31, 2026
He’s winning if the goal is an energy crisis
I was listening to Ron Unz read his latest article today, apparently Zuckerberg’s Meta venture is 96 percent over valued! His article deals with how crazy the billionaires are running crazy companies that lose billions but they just keep cruising along, no rationality to any of it, other than Elon Musk trying to escape the planet and live on Mars.
As for Japan, thanks to JustDario for the updates. As of yet no price spikes of major consequence but when the oil runs dry, well. ChatGPT said we have another few months before “rationing and economic slowdown” occur but I think CGBT is also not being nearly critical enough. NO ONE is prepared or has the faintest idea about numbers, facts and reality. Buy canned beans and stock up on rice.
Hey buddy, got a dime for a cuppa kawfee?