The CEO of Chevron just said it out loud.
"We're starting to see risks of supply outages in some of these economies."
Europe is already there.
Flights canceled. Schedules gutted. Jet fuel "very, very tight" in his words.
Now Chevron's CEO is telling Americans directly: the US is next.
"It's a global market."
Energy independence doesn't mean price independence and it doesn't mean shortage independence either.
When US exports hit records to fill gaps abroad, when the same barrels are being bid on by Europe, Asia, and American refiners simultaneously the market clears at one price.
That price is going higher📈
The CEO of the company that literally operates in Venezuela, the Gulf of Mexico, and Kazakhstan is telling you the system is starting to crack.
The physical shortage everyone modeled as a tail risk is becoming the base case.
link for the full article in replies 👇
The funniest thing about this Lane drama is him getting mad about the “can’t turn a hoe into a housewife” analogy. It’s probably the most accurate analogy of all time. You can’t sign Lane Kiffin and then get mad when he Lane’s. That’s part of the Lane experience. Tits McGhee and Ole Miss signed up for this the second they hired him. It wasn’t a matter of if, but rather when he’d leave town with Oxford burning in his rearview mirror. Same thing will eventually happen at LSU. I don’t agree with Lane’s decision to leave because he can clearly win big at Ole Miss, but who cares? He’s the poster child for the NIL era before NIL was even a thing. Do what’s best for you and only you and that’s always been the Lane Kiffin mantra. So even though it sucks for ole Miss it’s hard to have sympathy when you knowingly sign a deal with the devil. He’s a coaching hoe and always has been.
Also for all those people saying let him coach? If I’m Ole Miss I’d rather die a thousand deaths before letting him coach in the playoffs
Hmmm. I wonder why housing is so expensive?
Couldn’t possibly have anything to do with the billionaire tech cartel, the same men who bought up neighborhoods, pumped rent through the roof, and turned homes into investment tokens.
Peter Thiel bankrolls a political puppet show, JD Vance gets chosen as the next ventriloquist dummy, and suddenly we’re supposed to believe the crisis THEY created is the fault of immigrants?
These men engineered the affordability disaster, then fund a hillbilly cosplay candidate to redirect the blame toward brown people. Classic.
But sure, JD. Sit there in a full face of foundation, pretending you care about “working-class struggle” while blaming the people who pick our food instead of the people who bought the houses out from under us.
I swear, he's going to start reciting Hillbilly Elegy before the end of the interview.