Went to Walmart to investigate the oil shortage, here's what I found:
1. Walmart clearly hasn't gotten the message to end their discounts as most of their oil is on rollback/clearance, including Shell Rotella
2. The employees stated that they're experiencing delays on shipments of oil and filters.
3. The #1 impact to Walmart is the bankruptcy of First Brands Group, who owns Fram, their #1 filter supplier. Filters are almost out of stock and they are waiting on Purolator filters to arrive.
I was unable to get an oil change today because of this.
@HugoDameUmSugo@tomaskenn lol, welcome to poltiics. Study global poltcis the last 100 years and find me one politician that didn’t so self enriching schemes. I’ll be wait ling
@BlueDuckCap@hkuppy Let’s call a spade a spade… Iran always had all the leverage from day 1 with holding global economy hostage. Trump took the world to the precipice and TACOd. Everyone that didn’t fully degross and kept enough risk will be fine, but this deal makes this war expensive and ptless
@ShakeyPremis@ColdmanSax the market is the market, i don't make the rules. I agree things are fluid, but the curve is significantly lower than it was a week ago.