The NGOs end up increasing the number of homeless people they manage, because that’s the only way to increase their revenue! Incentives drive outcomes.
“Homeless” is a propaganda word used to describe people on the street who are mentally ill or severely addicted to drugs. The word implies that this is someone who fell a little behind on their mortgage payment and they’re one job offer away from getting back on their feet, which is obviously false if you’ve ever tried talking to a “homeless” person in SF, LA, NY, Austin or anywhere else.
The honest reality is that we need to bring back asylums for extreme mental illness or drug addiction for those who are a serious danger to themselves or others.
US diesel prices are surging as Exxon is forced to shut down one of its biggest refineries.
Filling up a standard long-haul truck now costs around $1,800... a record high.
Filling up that same truck 9 months ago would have cost just ~$1,000.
Virtually everything gets transported by diesel at some point.
When diesel gets more expensive... life gets more expensive
The diesel market is fucked.
Exxon shut down one of the largest diesel refineries in the Midwest due to outages.
Russia, the world's 2nd-largest diesel exporter, has turned into an importer due to ongoing attacks on Russian refineries.
The US, the world's largest diesel exporter, is considering an export ban.
Meanwhile, Saudi Arabia cancelled September crude cargoes to Europe and postponed shipments to at least one Asian buyer...
Less crude = less diesel production.
Now Saudi Aramco is hunting for gasoline and diesel cargoes.
When diesel gets more expensive... everything does.
Brace for inflation.
BREAKING:
Another sabotage attack in Germany.
The German power grid has been hit for the second time in 24 hours.
This time the attack was carried out against power substation in Bergheim. Several high-voltage lines were damaged.
We will see triple-digit diesel refinery margins soon.
The Houthis just attacked an Aramco refinery.
YTD, diesel refinery margins are up 17x...
This is unprecedented.