We know what’s coming and we are prepared.
🛢 JP Morgan Warns Oil Market Out of Balance, Prices Must Rise
🔸The closure of the Strait of Hormuz, through which roughly 20% of the world’s 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.
🔸Normally, spare production capacity in Saudi Arabia and the UAE acts as the market’s shock absorber. But that buffer has effectively been removed, eliminating the system’s first line of defense.
🔸With spare capacity unavailable, markets turned to inventories
➤ Global stockpiles are now being drained at ~7.1 mbd in April, an extraordinary pace, according to the note.
🔸Meanwhile, demand is collapsing because supply simply isn’t reaching users — “forced demand destruction.”The hardest hit sectors include:
▪️ Petrochemical plants across Asia are shutting down or slashing output as LPG, ethane, and naphtha flows from the Gulf collapse
▪️ Airline jet fuel costs account for 11% of total demand loss, with Middle East routes largely grounded and margins under pressure
🔸Even after accounting for falling demand and emergency reserve releases, JP Morgan says a gap of 2.3 million barrels per day remains with no clear fix.
🔸U.S. shale is the only large, flexible supply source left, but it can’t scale fast enough. JPM stresses shale needs 3–6 months for meaningful output gains, and 6–12 months for large increases. That’s too slow for a shock happening now.
🔸Brent prices diverged in April, with futures averaging about $99.7 per barrel while physical “dated Brent” rose to $121.6, signaling tighter real-world supply. The note concludes prices are high, but likely not high enough yet to fully reflect the shortage.
đź”— Dropsite
“Why is this country trying to kill us?”
Major toilet paper brands in America have been found to contain forever chemicals. PFAS cause cancer, hormone disruption and more
Major brands include
- Bounty
- Charmin Ultra Soft Toilet Paper
- Cottonelle
- Quilted Northern
- Scott
- Kirkland Signature (Costco brand)
- Seventh Generation 100% Recycled Bath Tissue
- Tushy Bamboo Toilet Paper
- Who Gives a Crap Bamboo Toilet Paper
- Angel Soft
21 in brands total were found to contain forever chemicals. It should be illegal
Subscribe and share 👉 @StormIsUponUsJM
🇿🇦 Police airlift a crocodile with the body of a 59-year-old businessman inside.
Local police in #SouthAfrica say they suspected the crocodile ate the man after observing it from drones. They then shot it and airlifted it off. When they landed back on the ground, the crocodile was sliced open, and human remains were found.
The remains are believed to be those of 59-year-old Gabriel Batista, who had previously been swept away in raging floodwaters. His ring was found inside the animal along with six other pairs of shoes.
Follow us -> LiveLeak
Illinois: Video Shows Palestinian Police Officer Urging Arabs to Flood U.S. Police Departments
A Palestinian police officer in Bridgeview, Illinois is urging the Arab community to flood U.S. police departments in huge numbers. His blunt message “the more the merrier” has now sparked major controversy.
Read the full story here: https://lawenforcementtoday.com/illinoisvideoshowspalestinianpoliceofficerurgingarabstoflooduspolicedepartments
@police_frequency
📢 🇺🇸 🚷 Congressman Andy Ogles on X:
Excited to announce that my 83-page ASSIMILATION Act has been introduced.
Months of labor were undertaken by my staff, Senator Tuberville and myself in order to GUT the Hart-Celler Act of 1965, as well as scrap provisions of the Immigration Act of the 1990s.
The goal of this bill is simple: end replacement migration and ensure American cultural cohesion.
This bill will end the H-1B scam, ensure migrants NEVER become a public charge, and make America look like America again. FYI, net immigration immediately decreases by 85% under this bill.
Some other things it does:
• National Interest Standard
• Stringent Character Tests
• Mandatory E-Verify
• Ends Chain Migration
• Ends Diversity Lottery
• GUTS Birthright Citizenship
• WAY Tougher Asylum Standards
• Stronger Public Charge Rules
• 10 Year Citizenship Requirement
• English & American Civics PROFICIENCY
đź“Ž Rep. Andy Ogles
BREAKING: US data center construction spending jumped +34% YoY in March, to a record $50 billion annualized rate.
Spending on data centers is up +437% since the beginning of 2021, when the annualized rate stood at ~$9 billion.
This is also up +688% since the start of 2018, when the annualized rate was just ~$6 billion.
Meanwhile, office building construction spending fell -9% YoY in March, to $46 billion, the lowest since 2015.
This means that spending on data centers now exceeds office building construction by $4 billion, or +9%.
To put this into perspective, office construction spending exceeded data center spending by $65 billion, or +650%, in 2020.
AI is fundamentally transforming the US economy.
(@TheKobeissiLetter)
