We know what’s coming and we are prepared.
Hereβs a timeline of all 21 U.S. federal government shutdowns since 1976, with dates, duration, presidents, and causes:
βΈ»
π U.S. Government Shutdowns (1976β2019)
1.Sep 30 β Oct 11, 1976 β 10 days β Gerald Ford β Funding dispute over spending cuts
2.Sep 30 β Oct 13, 1977 β 12 days β Jimmy Carter β Abortion funding limits
3.Oct 31 β Nov 9, 1977 β 8 days β Jimmy Carter β Abortion funding limits
4.Nov 30 β Dec 9, 1977 β 8 days β Jimmy Carter β Abortion funding limits
5.Sep 30 β Oct 18, 1978 β 18 days β Jimmy Carter β Defense funding & abortion limits
6.Sep 30 β Oct 12, 1979 β 11 days β Jimmy Carter β Defense spending & abortion funding
7.Nov 20 β Nov 23, 1981 β 2 days β Ronald Reagan β Cuts to defense & domestic spending
8.Sep 30 β Oct 2, 1982 β 1 day β Ronald Reagan β Dispute over MX missile & Nicaraguan aid
9.Dec 17 β Dec 21, 1982 β 3 days β Ronald Reagan β House vs Senate spending differences
10.Nov 10 β Nov 14, 1983 β 3 days β Ronald Reagan β Funding for MX missile
11.Sep 30 β Oct 3, 1984 β 2 days β Ronald Reagan β Disputes over crime bill & water projects
12.Oct 3 β Oct 5, 1984 β 1 day β Ronald Reagan β Continuing disputes from above
13.Oct 16 β Oct 18, 1986 β 1 day β Ronald Reagan β Welfare & water projects
14.Dec 18 β Dec 20, 1987 β 1 day β Ronald Reagan β Contra aid & defense
15.Oct 5 β Oct 9, 1990 β 3 days β George H.W. Bush β Budget deficit reduction & taxes
16.Nov 13 β Nov 19, 1995 β 5 days β Bill Clinton β Medicare, education, environment cuts
17.Dec 15, 1995 β Jan 6, 1996 β 21 days β Bill Clinton β Balanced budget disagreement
18.Sep 30 β Oct 1, 2013 β 16 days β Barack Obama β Affordable Care Act funding (Obamacare)
19.Jan 20 β Jan 22, 2018 β 3 days β Donald Trump β Immigration & DACA
20.Feb 9, 2018 β <1 day β Donald Trump β Budget caps & military funding
21.Dec 22, 2018 β Jan 25, 2019 β 35 days β Donald Trump β Border wall funding
βΈ»
β
Total: 21 shutdowns.
β οΈ Longest: 35 days (2018β2019).
β‘ Most shutdowns: During Reagan (8 total, though many were short).
@insiderpaper
πΊπΈ #Oklahoma high school principal (Kirk Moore) seen charging at and disarming a school shooter.
The suspect, identified as 20-year-old Victor Hawkins, was a former student who said he wanted to shoot up the school βlike the Columbine shooters did.β While taking down the shooter, Moore was shot in the leg. He is expected to recover.
When the Principal woke up that day, he never thought he would be tackling a gunman.
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π¨π³π’ How much strategic oil does the world actually have in reserve?
Global strategic crude oil inventories stood at ~2.5 BILLION barrels as of December 2025, according to the US Energy Information Administration.
China holds by far the largest stockpile at 1,397 million barrels, more than 3 times the US Strategic Petroleum Reserve of 413 million barrels, which itself sits at only 58% of its full storage capacity of 714 million barrels.
China added an average of 1.1 million barrels per day to its strategic inventories throughout 2025, with preliminary data suggesting it continued building stockpiles in early 2026 ahead of the Iran War.
Japan holds the 3rd-largest reserve at 263 million barrels, followed by OECD European countries at 179 million barrels.
Meanwhile, the US is releasing 172 million barrels from its Strategic Petroleum Reserve to suppress oil prices, part of a broader 400 million barrel coordinated release agreed by 32 IEA member nations in March.
π ...
π’ JP Morgan Warns Oil Market Out of Balance, Prices Must Rise
πΈThe closure of the Strait of Hormuz, through which roughly 20% of the worldβs oil flows, has removed 13.7 million barrels per day from global supply in April alone. A JP Morgan research note warns the market has no good way to replace it.
πΈNormally, spare production capacity in Saudi Arabia and the UAE acts as the marketβs shock absorber. But that buffer has effectively been removed, eliminating the systemβs first line of defense.
πΈWith spare capacity unavailable, markets turned to inventories
β€ Global stockpiles are now being drained at ~7.1 mbd in April, an extraordinary pace, according to the note.
πΈMeanwhile, demand is collapsing because supply simply isnβt reaching users β βforced demand destruction.βThe hardest hit sectors include:
βͺοΈ Petrochemical plants across Asia are shutting down or slashing output as LPG, ethane, and naphtha flows from the Gulf collapse
βͺοΈ Airline jet fuel ...
π’β½οΈ Global oil inventories are heading toward RECORD LOWS:
Global visible oil inventories have fallen -255 million barrels since the start of the conflict on February 27, to 7,864 million barrels.
Total estimated oil draws, including non-OECD refined products storage, have accelerated to 10.9 million barrels per day in April, the largest monthly draws on record since 2017.
Cumulative estimated draws since the start of the war now stand at 474 million barrels, with Hormuz flows holding at ~10% of normal, or 2.0 million barrels per day.
Meanwhile, even in an optimistic scenario where Strait of Hormuz flows begin recovering by late April, it is unlikely to prevent global visible inventories from reaching all-time lows, according to Goldman Sachs.
As inventories keep falling, physical oil markets are likely to require sharply higher prices for immediate delivery, since buyers cannot wait months for cheaper futures delivery when stocks are running critically low.
Goldman also warns...
