Kai Ryssdal

4 USC 8(i) if you’re curious

Gosh, who coulda foreseen this?

(Hint: literally anyone, ever)

Shutting an oil well isn’t like turning off a faucet.

It’s a huge engineering risk, difficult to reverse — and an indicator the Kuwaitis don’t see choke points improving anytime soon.

Nobody told LAX

Actually that’s a really good point

We’re a week in. Do we really still need to explain the Strait of Hormuz?

@reaDonald Trump Iran, which is being beat to HELL, has apologized and surrendered to its Middle East neighbors, and promised that it will not shoot at them anymore. This promise was only made because of the relentless U.S. and Israeli attack. They were looking to take over and rule the Middle East. It is the first time that Iran has ever lost, in thousands of years, to surrounding Middle Eastern Countries. They have said, "Thank you President Trump." I have said, "You're welcome!" Iran is no longer the "Bully of the Middle East," they are, instead, "THE LOSER OF THE MIDDLE EAST," and will be for many decades until they surrender or, more likely, completely collapse! Today Iran will be hit very hard! Under serious consideration for complete destruction and certain death, because of Iran's bad behavior, are areas and groups of people that were not considered for targeting up until this moment in time. Thank you for your attention to this matter! President DONALD J. TRUMP 263 ReTruths 808 Likes 3/7/26, 6:11 AM

6:11a on a Saturday what are we doing here.

“.. U.S. crude futures this week skyrocketed at their fastest rate in records stretching back to 1983 ..

“.. ‘You see why the [1970s] oil shocks were so hard to control.’”

@wsj.com
www.wsj.com/business/ene...

Oh

Obv an indication of how rattled he is

Wow. Trump treats Doocy the way he normally treats Kaitlan Collins.

Extraordinary use of the word extraordinary.

Unconditional surrender has a very specific meaning. Do you suppose anyone in the White House realizes that?

Coffee, straight out of my nose.

GS: Our estimate of the underlying pace of job growth now stands at 37k, below our 60-70k estimate of the breakeven pace needed to keep the unemployment rate stable.

We estimate real retail sales declined at a 0.9% three-month annualized rate through January.

They think, or at least pretend to think, that this doesn’t sound like obvious cope to everyone in the world

It’s an entire White House comms shop built on the premise of “my hot girlfriend lives in Canada” being believed by normal people

Oh man we are HAVING A NEWS DAY I see

*BLACKROCK’S $26 BILLION PRIVATE CREDIT FUND LIMITS WITHDRAWALS

US customs agency says it cannot comply with tariff refund order The ​U.S. Customs and ‌Border Protection agency is ​unable to ​comply with a court ⁠order ​directing it to ​refund tariffs that the Supreme Court has ​ruled ​illegal, the agency said in a ‌court ⁠fili...

www.reuters.com/business/us-...

The Trump administration took your money illegally.

They won’t give it back.

Crude oil is now up 49.65% so far this year.

@cnbc.com

Hooooooo boy

Asian countries bearing the brunt of this energy scare, as expected.

(via B of A)

Honestly wtaf does this mean

"Forget about next."

You can't fill up your gas tank with a short futures position.

I do agree with this.

I get a House member going along with it, but a safe-seat senator?

Middle East war unleashes a new economic shock Since March 2, gas prices in Europe have increased by 50% and oil by 12%, while the Paris stock market has fallen by 4.7%. The economic impact depends on how long the conflict will last, but stagflati...

Since March 2, gas prices in Europe have increased by 50% and oil by 12%, while the Paris stock market has fallen by 4.7%. The economic impact depends on how long the conflict will last, but stagflation is likely.

www.lemonde.fr/en/economy/a...

There it is: Noem out, Mullin in

Question of the day: When do the markets hit his pain point?

Oh FFS